Reported Consolidated quarterly numbers for Imagicaaworld Entertainment are: Net Sales at Rs 67.56 crore in December 2023 down 6.18% from Rs. 72.01 crore in December 2022. Quarterly Net Profit at Rs. 4.32 crore in December 2023 down 38.18% from Rs. 6.99 crore in December 2022. EBITDA stands at Rs. 31.22 crore in December 2023 down 6.36% from Rs. 33.34 crore in December 2022.

Reported Consolidated quarterly numbers for Concord Biotech are: Net Sales at Rs 240.80 crore in December 2023 up 0.05% from Rs. 240.68 crore in December 2022. Quarterly Net Profit at Rs. 77.57 crore in December 2023 up 0.26% from Rs. 77.37 crore in December 2022. EBITDA stands at Rs. 114.12 crore in December 2023 down 5.63% from Rs. 120.93 crore in December 2022.

During monetary policy review, Reserve Bank of India (RBI) Governor Shaktikanta Das on February 8 proposed additional use cases for central bank digital currency (CBDC) pilot projects. To make it attractive and increase the adoption of CBDC, Das said that the digital currency would be programmed to help cater to specific end uses and also make it usable in areas with poor or no internet connect.

Reported Consolidated quarterly numbers for Indo Rama Synthetics (India) are: Net Sales at Rs 940.10 crore in December 2023 up 5.67% from Rs. 889.68 crore in December 2022. Quarterly Net Loss at Rs. 99.01 crore in December 2023 down 50.17% from Rs. 65.93 crore in December 2022. EBITDA stands negative at Rs. 52.24 crore in December 2023 down 24.38% from Rs. 42.00 crore in December 2022.

CarTrade Tech reported strong growth in its consolidated quarterly numbers for December 2023. Net sales increased by 42.57% to Rs. 138.59 crore, while EBITDA also saw a growth of 32.08%. However, the company incurred a net loss of Rs. 24.23 crore, down from a loss of Rs. 13.03 crore in December 2022. CarTrade Tech shares closed at Rs. 695.65 on February

Zomato, a popular food delivery platform, has reported positive numbers in its quarterly report with a 68.77% increase in net sales, 139.82% increase in net profit, and 240.04% increase in EBITDA in December 2023 compared to the same period in the previous year. The company's stock prices have also seen a significant increase of 54.20% over the last 6 months and 165.38% over the last.

Gokul Agro Resources reported its consolidated quarterly results for December 2023, with net sales of Rs. 3,345.61 crore, up by 21.92% compared to the same period in 2022. Net profit decreased by 8.56% to Rs. 33.68 crore and EPS decreased from Rs. 2.57 to Rs. 2.28. The company's shares closed at Rs. 123.95 on February 08

Sensex and Nifty end higher in a volatile session. Torrent Power, Yes Bank, Spicejet, IndiGo, Bharti Airtel, Biocon, Patanjali Foods, RVNL, Paytm, LIC, Quess Corp all saw stock movement on news such as weaker profits, RBI decisions, spectrum auctions, approval for acquisitions, and allegations of accounting manipulation. Muddy Waters accuses promoter of using Quess Corp for profit creation.

Power Grid stock has shown impressive growth in the past year, nearly doubling in value over the last five years. However, analysts have raised concerns and the number of ‘buy’ calls has decreased while ‘hold’ calls have increased. The company reported a 10.5% increase in net profit for Q3FY23-24, but faces challenges such as limited growth opportunities and increased competition.

Nifty Bank experienced a steep rally of 622 points on Friday, but ended the week with a loss of 0.73%. Axis Bank, ICICI Bank, SBI and Bank of Baroda saw gains while PNB faced some profit-taking. Experts predict that as long as the support of 45,000 holds, the bullish momentum will continue with a resistance at 46,000. The index may continue towards 46,200 in the upcoming week.

In January 2024, Infosys stock was upgraded while LTIMindtree was downgraded by analysts following their Q3 earnings reports. Infosys saw upgrades due to expectations of growth acceleration and recovery in spending, while LTIMindtree was downgraded due to weak results and cautious outlook. Infosys' margin improvement program and deal wins are seen as positive for its future performance.

NK Singh, Chairman of the 15th Finance Commission, defends Finance Minister Sitharaman's allocation of funds, responding to southern states' allegations of unfair treatment. He also addresses concerns about India's fiscal commitments and the potential for a K-shaped recovery. Singh discusses the ongoing issue with credit rating agencies and the use of census data in determining fund allocations.

Mahalaxmi Rubtech, a rubber product manufacturing company, reported its standalone quarterly results for Dec 2023. Net sales increased by 5.19% to Rs. 49.27 crore, but net profit decreased by 10.45% to Rs. 1.59 crore and EBITDA decreased by 10.64% to Rs. 4.87 crore. EPS also decreased from Rs. 1.67 to Rs. 1.50.

NRB Industrial Bearings reported a standalone net sales of Rs 17.98 crore in December 2023, down 19.41% from the previous year. They also faced a quarterly net loss of Rs 6.33 crore, a decrease of 231.3%. EBITDA was negative at Rs 1.23 crore, a decrease of 143.16%. Their stock has shown positive returns of 69.72% in the past 6 months and 105.

Sanrhea Technical Textile's standalone quarterly results for December 2023 showed a significant increase in net sales, net profit, and EPS compared to the same period in 2022. The EBITDA also saw a growth of over 50%. The company's shares closed at 117.45 on February 8, 2024 on BSE and have given impressive returns over the last 6 and 12 months.