Shares of One 97 Communications which operates fintech platform Paytm jumped over 3% to the day's high of Rs 798 on the NSE in Saturday's trading session after the company reported a jump in its December quarter revenue while narrowing its losses.With today's gains, the stock has remained unbeaten in three sessions and gained over 8%.
Open FlipReported Standalone quarterly numbers for Axtel Industries are: Net Sales at Rs 53.79 crore in December 2023 up 33.25% from Rs. 40.37 crore in December 2022. Quarterly Net Profit at Rs. 9.58 crore in December 2023 up 333.84% from Rs. 2.21 crore in December 2022. EBITDA stands at Rs. 13.43 crore in December 2023 up 235.75% from Rs. 4.00 crore in December 2022.
Open FlipShares of NHPC surged 15 percent intraday on January 20, a day after the government-owned company's successful offer for sale (OFS), which got a strong response from retail as well as institutional investors. The stock’s performance and those of others powered the BSE power index up 2 percent. Adani Power, Adani Transmission and Powergrid, too, were up between 1.2 and 2.4 percent.
Open FlipNotwithstanding Ultratech Cement's highest-ever net profit in the December ended quarter, the stock fell over 1% to the day's low of Rs 9,906 on Saturday. Following the company's earnings, a clutch of brokerages retained their ratings on the counter with BofA and Sharekhan recommending a buy stance while Nuvama reiterated a 'Hold'.
Open FlipThe Bank of England is being urged to end its bias toward further interest-rate hikes or risk undermining its a own credibility, in what’s likely to be a tricky communication challenge for Governor Andrew Bailey.
Open FlipShares of Hindustan Unilever (HUL) fell over 3% to the day's low of Rs 2,487 on Saturday following its December quarter earnings where the fast-moving consumer goods (FMCG) sector bellwether reported disappointing earnings on Friday. The commentary by a couple of brokerages was uninspiring for investors with CITI reiterating an 'Equal Weight' rating, while Nuvama trimmed EPS estimates.
Open FlipReported Standalone quarterly numbers for Futuristic Solutions are: Net Sales at Rs 0.59 crore in December 2023 up 4952.14% from Rs. 0.01 crore in December 2022. Quarterly Net Loss at Rs. 0.04 crore in December 2023 down 102.46% from Rs. 0.02 crore in December 2022. EBITDA stands negative at Rs. 0.03 crore in December 2023 down 50% from Rs. 0.02 crore in December 2022.
Open FlipOil prices settled slightly lower on Friday but recorded a weekly gain as Middle East tensions and disruptions to oil output offset concerns about the Chinese and global economies. Brent futures settled 54 cents lower at $78.56 a barrel. U.S. West Texas Intermediate crude fell 67 cents to settle at $73.41. For the week, Brent gained about 0.5%.
Open FlipReported Standalone quarterly numbers for Shri Niwas Leasing And Finance are: Net Sales at Rs 0.09 crore in December 2023 down 32.53% from Rs. 0.13 crore in December 2022. Quarterly Net Profit at Rs. 0.03 crore in December 2023 down 54.78% from Rs. 0.06 crore in December 2022. EBITDA stands at Rs. 0.03 crore in December 2023 down 50% from Rs. 0.06 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Prime Securities are: Net Sales at Rs 12.20 crore in December 2023 up 76.81% from Rs. 6.90 crore in December 2022. Quarterly Net Profit at Rs. 6.35 crore in December 2023 up 200.95% from Rs. 2.11 crore in December 2022. EBITDA stands at Rs. 8.09 crore in December 2023 up 157.64% from Rs. 3.14 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Axita Cotton are: Net Sales at Rs 266.09 crore in December 2023 up 103.98% from Rs. 130.45 crore in December 2022. Quarterly Net Profit at Rs. 3.13 crore in December 2023 down 33.29% from Rs. 4.70 crore in December 2022. EBITDA stands at Rs. 4.64 crore in December 2023 down 30.02% from Rs. 6.63 crore in December 2022.
Open FlipReported Standalone quarterly numbers for SecUR Credentials are: Net Sales at Rs 7.04 crore in December 2023 down 41.3% from Rs. 12.00 crore in December 2022. Quarterly Net Profit at Rs. 0.41 crore in December 2023 down 88.73% from Rs. 3.68 crore in December 2022. EBITDA stands at Rs. 2.17 crore in December 2023 down 66.82% from Rs. 6.54 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Sigachi Industries are: Net Sales at Rs 76.83 crore in December 2023 up 17.62% from Rs. 65.32 crore in December 2022. Quarterly Net Profit at Rs. 10.77 crore in December 2023 up 15.52% from Rs. 9.32 crore in December 2022. EBITDA stands at Rs. 17.49 crore in December 2023 up 18.74% from Rs. 14.73 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Hatsun Agro Products are: Net Sales at Rs 1,887.49 crore in December 2023 up 11.35% from Rs. 1,695.17 crore in December 2022. Quarterly Net Profit at Rs. 57.40 crore in December 2023 up 23.62% from Rs. 46.44 crore in December 2022. EBITDA stands at Rs. 216.75 crore in December 2023 up 13.72% from Rs. 190.60 crore in December 2022.
Open FlipThe benchmark indices traded marginally higher on the back of positive global cues on January 20. On the daily chart, the Nifty formed a neutral candlestick at the bottom, reflecting indecisiveness among buyers and sellers. Crucial support is seen at 21,500–21,400, while resistance is estimated at 21,800–21,850.
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