In the December 2023 quarter, KPR Mill reported a decline in net sales of 13.28% compared to the same period in 2022. However, their quarterly net profit increased by 7.15%, with EBITDA also showing a 6.26% increase. EPS has also risen from Rs. 5.11 to Rs. 5.47. The company's shares closed at 779.05 on February 07, 2024.

Reported Standalone quarterly numbers for Sanghvi Movers are: Net Sales at Rs 167.04 crore in December 2023 up 36.38% from Rs. 122.48 crore in December 2022. Quarterly Net Profit at Rs. 61.28 crore in December 2023 up 76.46% from Rs. 34.72 crore in December 2022. EBITDA stands at Rs. 120.74 crore in December 2023 up 47.78% from Rs. 81.70 crore in December 2022.

On February 8, Finance Minister Nirmala Sitharaman presented a 'white paper' on the Indian Economy in the Lok Sabha, aimed at exposing economic mismanagement under the Congress-led UPA government from 2004 to 2014. This release comes ahead of the upcoming Lok Sabha elections as the current NDA government seeks a third term in power.

Ramco System has reported their standalone quarterly results for December 2023, showing an increase in net sales by 4.39% and a decrease in net loss by 31.12%. Their EBITDA has also increased by 129.64%. The company's shares closed at 320.45 on February 07, 2024 with a 9.00% return over the last 6 months and 36.71% return over the last 12 months.

Medanta-operator Global Health Ltd reported a 53.2% increase in net profit at Rs 123.54 crore for the October-December period. Revenue also rose by 20.9%, and EBITDA jumped from Rs 160 crore to Rs 212 crore, with an EBITDA margin of 25.5%. The hospital operator's strong financial performance is a promising sign for the current financial year.

John Cockerill India's standalone quarterly results for December 2023 show an increase in net sales by 20.35% and EBITDA by 22.55%, but a decrease in net profit by 9.35%. The EPS has also decreased. Its shares have given positive returns over the last 6 and 12 months. Promoters and promoter group hold non-encumbered shares.

The last date to make tax-saving investments for the financial year 2023-24 under the old tax regime is March 31, just two months away. It's recommended to start early in April to avoid last-minute stress and rushed investment decisions. There are various options like ELSS, PPF, NSC, etc., but it's vital to assess risk tolerance and long-term goals before committing to long-term products.

AIA Engineering has reported its standalone quarterly results for December 2022. The net sales have increased by 4.71% from the same period in 2022, but the net profit and EBITDA have both decreased significantly. The EPS has also dropped. The stock has shown a strong return over the last 6 and 12 months.

Vinayak Vanijya reported a 96.43% increase in net sales and a 1270.45% increase in quarterly net profit in December 2023 compared to the same period in 2022. EBITDA remained stable at 0.05 crore and EPS increased from 0.04 to 0.54. The company's expenses were mostly unchanged while other income increased. Promoter and promoter group shareholding information is not available.

KPIL reported a 32% jump in net profit and a 25% increase in order book for the December quarter. The company also announced plans to issue Non-Convertible Debentures for up to Rs 300 crores. KPIL's MD & CEO attributed the strong performance to robust project execution and record order inflow. With a healthy tender pipeline and global presence, KPIL aims to achieve its vision for 2025.

Mankind Pharma's promoters are selling a 1.62% stake in the company to meet minimum public shareholding requirements. The divestment will be done by Sheetal Arora, Arjun Juneja, and Puja Juneja, reducing their holding from 76.50% to 74.88%. The promoters have also stated that they will not purchase any shares during this period in compliance with regulatory rules.

LGB Forge reported a 7.51% increase in net sales at Rs 27.95 crore and a 49.07% increase in net loss at Rs 2.23 crore in December 2023 compared to the same period in 2022. EBITDA was at Rs 0.21 crore, showing a significant improvement of 92.16% from December 2022. The company's shares closed at Rs 14.56 on February 07.

El Forge reported a slight increase in net sales and a significant increase in net profit and EBITDA for the quarter ending December 2023 compared to the same period in 2022. The company's EPS also improved in this time frame. Its shares closed at Rs. 6.65 on January 27, 2015 (NSE). Promoters and promoter group do not have any pledged or encumbered shares.

China's Ant Group made net profit of 24.5 million yuan ($3.41 million) in the three months to Sept. 31, down 92% from a year earlier, according to Reuters calculations from Alibaba Group Holding's earnings report released on Thursday. The e-commerce giant reports profit from Ant one quarter in arrears.

📈 Domestic benchmark indices closed on a negative note today. 📢 At 3:30 PM, the Sensex tanked by 723.57 points or 1.00% at 71,428.43, and the Nifty was down 212.55 points or 0.97% at 21,717.95. 📊Among sectoral, Nifty PSU Bank (⬆️2.00%) turned out to be the best performer while Nifty FMCG (⬇️2.06%) saw considerable selling.