Reserve Bank of India (RBI) Governor Shaktikanta Das on February 15 said global financial market regulators need to be vigilant about the possible misuse of artificial intelligence (AI) and machine learning (ML) in perpetrating financial fraudulence. Addressing the 59th SEACEN Governors' Conference in Mumbai, he said that necessary safeguards need to be put in place to prevent the misuse of tech.

Reported Standalone quarterly numbers for GACM Technologies are:Net Sales at Rs 1.42 crore in December 2023 down 28.18% from Rs. 1.98 crore in December 2022.Quarterly Net Profit at Rs. 0.29 crore in December 2023 up 168.43% from Rs. 0.11 crore in December 2022.EBITDA stands at Rs. 0.58 crore in December 2023 up 34.88% from Rs. 0.43 crore in December 2022.

The global financial market, rebounding from a tumultuous 2023, have rallied significantly, with traditional assets like Bitcoin and gold seeing a surge, sometimes as high as 15-20 percent, within a fiscal quarter. On the home turf, too, robust economic fundamentals powered the bulls to charge the benchmark Sensex and Nifty hit record highs of 72,561.91 and 21,834.35.

The Supreme Court (SC) on February 15 ruled the electoral bonds scheme unconstitutional and instructed the overseeing bank to furnish purchaser details to the Election Commission (EC). The Commission is mandated to disclose this information on its website by March 31, highlighting the significance of transparency in political funding for informed electoral choices.

Shares of power companies NTPC, Power Grid, BHEL, Tata Power and Torrent Power surged up to 6 percent on February 15 after global brokerage firm Morgan Stanley shared bullish calls and raised their respective target prices. The brokerage firm upgraded BHEL to 'equal-weight' and raised its target price to Rs 220 per share, followed by an 'overweight' call on NTPC and a target upgrade to Rs 390

Reported Standalone quarterly numbers for ERP Soft Systems are:Net Sales at Rs 0.50 crore in December 2023 down 36.53% from Rs. 0.79 crore in December 2022.Quarterly Net Profit at Rs. 0.01 crore in December 2023 down 85.86% from Rs. 0.07 crore in December 2022.EBITDA stands at Rs. 0.02 crore in December 2023 down 80% from Rs. 0.10 crore in December 2022.

One summer morning nearly two years ago, 127,000 Indian teenagers thronged the internet — not for an online rock concert, but a test-prep session. For Physics Wallah, which coaches aspirants for punishing engineering and medical school entrance exams, this was the largest live lecture the edutech had ever run, though its regular classes also pack 50,000 learners nowadays.

Reported Standalone quarterly numbers for Chankya Investments are: Net Sales at Rs 0.62 crore in December 2023 down 12.97% from Rs. 0.71 crore in December 2022. Quarterly Net Loss at Rs. 0.03 crore in December 2023 down 1688.89% from Rs. 0.00 crore in December 2022. EBITDA stands negative at Rs. 0.04 crore in December 2023 down 0% from Rs. 0.00 crore in December 2022.  

In the December 2023 quarter, SW Investments reported a decrease in net sales by nearly 48% and an increase in net profit by 2100%. EBITDA remained stable at Rs. 0.01 crore. The company's EPS also saw a significant increase from Rs. 0.01 to Rs. 0.20. The stock price closed at 54.00 on February 14, 2024 with a return of 20% in the last 6 months

Sakuma Exports Ltd, a small-cap stock under ₹50, has been performing well in the market with its share price reaching a new 52-week high of ₹29.20 per share on NSE. The company's Q3 results showed a significant increase in total income and net profit, leading to positive market sentiment. In the last one month, the stock has risen by 30% and in YTD time it has surged by 50%.

Shree Salasar Investments reported its standalone quarterly numbers, with a 26.98% increase in net sales at Rs. 0.16 crore in December 2023 compared to the same period in 2022. The quarterly net profit also saw a significant growth of 69.28% at Rs. 0.11 crore. EBITDA increased by 87.5%, and EPS increased from Rs. 0.12 to Rs. 0.18.

Reported Standalone quarterly numbers for Coromandel Engineering Company are: Net Sales at Rs 21.59 crore in December 2023 down 22.97% from Rs. 28.02 crore in December 2022. Quarterly Net Loss at Rs. 1.07 crore in December 2023 up 29.69% from Rs. 1.52 crore in December 2022. EBITDA stands at Rs. 0.38 crore in December 2023 up 52% from Rs. 0.25 crore in December 2022.

Reported Standalone quarterly numbers for Gufic Biosciences are: Net Sales at Rs 201.78 crore in December 2023 up 13.69% from Rs. 177.47 crore in December 2022. Quarterly Net Profit at Rs. 22.26 crore in December 2023 up 9.45% from Rs. 20.34 crore in December 2022. EBITDA stands at Rs. 36.88 crore in December 2023 up 7.99% from Rs. 34.15 crore in December 2022.

GEE's standalone quarterly results for December 2023 showed a decrease in net sales by 19.79% and an increase in net profit by 25.87%, with EPS increasing from Rs. 1.11 to Rs. 1.40. The company's shares closed at 136.80 on February 14, 2024, with a return of 104.76% over the last 6 months and 79.41% over the last 12 months.

SEMAC CONSULTANTS reported standalone quarterly results for December 2023, with net sales at Rs. 22.60 crore, up 1.17% from the same period in 2022. The company also recorded a net loss of Rs.14.50 crore, down 857.87% from the previous year. EBITDA stands at a negative of Rs.19.90 crore, showing a decrease of 538.33%.