Reported Standalone quarterly numbers for Best Agrolife are: Net Sales at Rs 347.85 crore in December 2023 up 46.43% from Rs. 237.55 crore in December 2022. Quarterly Net Loss at Rs. 11.54 crore in December 2023 down 225.5% from Rs. 9.20 crore in December 2022. EBITDA stands at Rs. 0.72 crore in December 2023 down 96.91% from Rs. 23.29 crore in December 2022.

The Central government's budget announced that it will withdraw notices for old, petty tax demands, bringing relief to over 1 crore taxpayers. However, many unresolved tax disputes, especially those outside the waiver, continue to be a burden for taxpayers. One such case is of a senior citizen who ended up paying Rs 33,338 against an original demand of Rs 12,340 due to a technical mistake.

Reported Standalone quarterly numbers for Prerna Infrabuild are: Net Sales at Rs 1.75 crore in December 2023 down 66.26% from Rs. 5.19 crore in December 2022. Quarterly Net Profit at Rs. 1.24 crore in December 2023 down 59.09% from Rs. 3.03 crore in December 2022. EBITDA stands at Rs. 1.64 crore in December 2023 down 55.19% from Rs. 3.66 crore in December 2022.

Reported Standalone quarterly numbers for Shri Gang Industries And Allied Products are: Net Sales at Rs 74.18 crore in December 2023 up 82.63% from Rs. 40.62 crore in December 2022. Quarterly Net Profit at Rs. 2.40 crore in December 2023 up 57.9% from Rs. 1.52 crore in December 2022. EBITDA stands at Rs. 5.95 crore in December 2023 up 36.16% from Rs. 4.37 crore in December 2022.

HDFC Bank has received RBI approval to increase its stake in six banks by up to 9.5% over the next year. This is a positive sentiment for these banks, but does not guarantee that HDFC will reach the 9.5% limit. The approval allows the HDFC group to acquire up to 9.99% stake in banks, with the current holdings at around 3-4%.

China's stock markets have been on a downward trend since early 2021 and one of the indices, CSI 300, fell to a five-year low on February 2, 2023. Over three years, nearly $7-trillion of shareholder wealth is estimated to have been wiped out. The securities market regulator and the government have rushed in to arrest this fall with tighter regulations and support from state-controlled funds.

Prime Minister Narendra Modi said on February 6 that a substantial portion of the funds allocated under infrastructure capital expenditure will be used for the energy sector. Inaugurating the Energy Week 2024 in Goa, Modi reiterated that by 2070, "we want to achieve net zero emissions target”, adding India would soon become the production and export centre for green hydrogen.

Railway stocks are expected to perform well after Union Budget 2024 announcements. Companies like Jindal Stainless and Gabriel India may benefit from increased rail activity. Container Corporation of India and Transport Corporation of India could also see demand for their services. Analysts believe that the sector has a bullish outlook due to government's focus on infrastructure development.

The investing avenues you opt for should be less and less speculative as you grow older, advise experts. This is why senior citizen investors prefer stable and secure investment options like bank FDs. Additionally, investing in 5-year tax-saving bank FDs comes with tax benefits. Tax saving fixed deposit provides a tax deduction under Section 80C of the IT Act, 1961 of up to Rs 1.5 lakh annually.

The interim Budget’s focus was mostly on the four pillars with the long-term objective of becoming a developed India by 2047. 📌Encouraging Rural Demand 📌Funding For Green Energy 📌Infrastructure Focus 📌Consolidating Fiscal Deficit Overall, the interim budget focused on comprehensive development with a long-term objective of becoming a developed India by 2047.

Gold prices increased slightly after reaching a two-week low on Tuesday. The dollar and Treasury yields decreased, making gold more attractive to investors. However, tensions in the Middle-East remain high, leading to uncertainty in the market. With the Federal Reserve not planning on cutting rates anytime soon, the only support for gold comes from political turmoil.

Gujarat Ambuja Exports reported an increase in standalone net sales and net profit for Q3FY24. EBITDA also increased by 21.12% and EPS rose to Rs. 4.39. The company's stock price has seen a significant increase over the last 6 months and 12 months, giving returns of 63.21% and 66.35%, respectively. The company's financial results showcase growth and positive momentum in its operations.

Reported Standalone quarterly numbers for Suraj Industries are: Net Sales at Rs 9.87 crore in December 2023 down 44.5% from Rs. 17.78 crore in December 2022. Quarterly Net Loss at Rs. 0.05 crore in December 2023 down 104.27% from Rs. 1.27 crore in December 2022. EBITDA stands at Rs. 0.62 crore in December 2023 down 72.32% from Rs. 2.24 crore in December 2022.

Kalpataru Projects International on Tuesday raised Rs 150 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The unsecured, rated, listed, redeemable NCDs will be listed on Wholesale Debt Market Segment of BSE, a regulatory filing stated. The company raised Rs 150 crore by allotment of 15,000 NCDs of face value of Rs 1,00,000 each on private placement basis.

Reported Standalone quarterly numbers for Balu Forge Industries are: Net Sales at Rs 103.88 crore in December 2023 up 40.97% from Rs. 73.69 crore in December 2022. Quarterly Net Profit at Rs. 18.68 crore in December 2023 up 125% from Rs. 8.30 crore in December 2022. EBITDA stands at Rs. 27.65 crore in December 2023 up 62.84% from Rs. 16.98 crore in December 2022.