HCL Technologies, a major IT company, has informed all employees in its Digital Foundation Services (DFS) division to come to the office at least three days a week starting February 19. This is part of a growing trend among tech companies to move away from remote work and encourage more in-person interactions for better teamwork and workplace culture.

Esconet Technologies, founded in 2012, offers high-end supercomputing and data center solutions. With a strong client portfolio including government organizations and renowned companies, ETL is poised for long-term growth in the data center and server market. Post-IPO, its net worth will be Rs 33.88 crore and we recommend investors to subscribe for long-term investment opportunities.

Innova Captab reported positive standalone quarterly numbers for December 2023, with a 3.59% increase in net sales, a 15.55% increase in net profit, and a 2.25% increase in EBITDA compared to the same period in December 2022. However, EPS has decreased from Rs. 3.36 to Rs. 3.26. The company's shares closed at Rs. 533.25 on February 15, 2024.

Reported Standalone quarterly numbers for Munjal Auto Industries are: Net Sales at Rs 276.40 crore in December 2023 down 28.43% from Rs. 386.20 crore in December 2022. Quarterly Net Profit at Rs. 11.33 crore in December 2023 up 109.82% from Rs. 5.40 crore in December 2022. EBITDA stands at Rs. 22.50 crore in December 2023 up 32.67% from Rs. 16.96 crore in December 2022.

Sovereign Gold Bond 2024, SGB Series-IV sale ends on Feb 16. Ideal for those averse to physical gold, this scheme offers 99.9% pure 24-carat gold at Rs 6,263 per gramme. It also provides 2.5% interest and allows selling at market rate. Don't miss your chance to invest in the safe and convenient option of Sovereign Gold Bonds.

On February 16 afternoon, the Sensex and Nifty were trading near their record highs due to gains in auto and healthcare sectors. The broader market also saw positive movement, with midcap and smallcap indices rising by up to 1%. Here are three recommended stocks for the short term: Syngene, Federal Bank, and Tata Motors. These stocks have potential to go higher in the coming days.

In its standalone quarterly report, Eris Lifesciences reported a decrease in net sales by 2.29% and quarterly net profit by 68.15% in December 2023 compared to the same period in 2022. There was also a significant drop in EBITDA and EPS. Despite this, the company's shares on NSE showed 5.73% returns over the last 6 months and 33.95% over the past year.

In December 2023, Solara Active Pharma Sciences reported lower quarterly numbers compared to the previous year. Net sales decreased by 36.99%, resulting in a net loss of Rs. 275.33 crore. EBITDA was negative at Rs. 161.23 crore. The company's shares closed at Rs. 391.70 and have seen a return of 6.05% over the past 6 months.

Kalahridhaan Trendz is a textile company specializing in manufacturing and trading of embroidered fabrics. It operates in B2B segment and also offers services like dyeing and printing. KTL has seen success due to its quick response to fashion trends and innovative approach. It is expected to provide good investment opportunity for long-term investors and experts recommend subscribing to its IPO.

Reported Standalone quarterly numbers for Alpa Laboratories are: Net Sales at Rs 27.31 crore in December 2023 down 0.02% from Rs. 27.31 crore in December 2022. Quarterly Net Profit at Rs. 4.53 crore in December 2023 down 11.92% from Rs. 5.14 crore in December 2022. EBITDA stands at Rs. 5.99 crore in December 2023 up 12.59% from Rs. 5.32 crore in December 2022.

Reported Standalone quarterly numbers for Nectar Lifesciences are: Net Sales at Rs 452.17 crore in December 2023 up 31.4% from Rs. 344.13 crore in December 2022. Quarterly Net Profit at Rs. 1.57 crore in December 2023 up 116.87% from Rs. 9.29 crore in December 2022. EBITDA stands at Rs. 42.67 crore in December 2023 up 190.67% from Rs. 14.68 crore in December 2022.

SpiceJet shares rose by 13% intraday, touching an all-time high of ₹71.90 apiece as per the DGCA's January 2024 data reporting the airline's 5.6% market share and a 4.7% increase in passenger traffic. Experts believe that this may trigger short-term gains for the stock, with potential for further bullish or bearish trends depending on breaching current resistance or support levels.

British low-cost housebuilder MJ Gleeson reported a positive demand recovery and expects this trend to continue in the upcoming spring selling season. Mortgage rates have dropped, stabilizing the British housing market, and Gleeson's land business is seeing strong interest from developers. Net booking rates have also increased compared to last year.

Norris Medicines reported standalone quarterly results for December 2023, with net sales at Rs. 0.65 crore, down 79.57% from the same period in 2022. The net loss was at Rs. 0.27 crore, down 32.99% from the previous year. EBITDA was negative at Rs. 0.04 crore, indicating a decline of 111.76%. However, their shares have seen a significant increase.

BPCL's stock rose by 4.6% after Jefferies upgraded it and stated that it offers a large margin of safety compared to its peak cycle multiple. The fear of govt intervention in fuel prices has also decreased. OMCs may continue to see growth despite recent drop in margins. Oil prices are expected to remain stable. Jefferies has a buy rating for BPCL and hold/underperform ratings for IOCL and HPCL.