Zee Entertainment Limited's shares dropped by 10% after it was reported that the company may have diverted around Rs 241 million. The Securities and Exchange Board of India (Sebi) is investigating and has spoken to Zee's top officials, including the founders, to clarify the situation. However, Zee has clarified that they are not in negotiations with Sony to revive a scrapped merger deal.

Bigbasket, a Tata Group-backed grocery delivery platform, has improved its slotted delivery service to now offer orders within 2 hours instead of same day or next day delivery due to competition from quick commerce firms. The service, renamed "Bigbasket supersaver", is available in over 40 cities and will soon expand to 70. They have also switched to bike-based deliveries.

Mid-single-digit growth in February predicted for two-wheeler stocks by CLSA. Bajaj Auto and Hero MotoCorp down, Eicher Motors gains. Retail volumes expected to increase despite competition and potential margins impact from electric vehicles. January saw a 15% jump in sales due to improved availability, new models, and rise of premium options.

Tourism Finance Corp share price was locked in 5% upper circuit after investor Aditya Halwasiya acquired 13% stake, as per moneycontrol's news report. Tourism Finance Corp share price opened at ₹231.05 apiece on BSE. Aditya Halwasiya purchased 1,18,02,094 equity shares of Tourism Finance Corporation of India at an average cost of ₹209.75 per share.

Religare Enterprises has reported its consolidated quarterly numbers, showing a 29.62% increase in net sales and a 112.03% increase in net profit in December 2023 compared to the same period in 2022. However, EBITDA decreased by 44.35%. The EPS also increased to Rs. 0.61 from Rs. 3.64 in December 2022. The shares of Religare Enterprises closed at 234.90 on February.

Weizmann reported a decrease in net sales by 3.41%, with a profit increase of 58.12% and EBITDA up by 27.3%. The company's EPS also saw an increase to Rs.1.54 in December 2023. As of February 2024, Weizmann's shares on NSE closed at 113.95, showing returns of 24.06% over the last six months and 12.43%.

Nahar Capital and Financial Services reported a decline in net sales and net loss for the quarter ended December 2023. However, EBITDA increased by 15.28%. The company's stock price on the NSE closed at Rs. 307.30 and has shown a 10.30% return in the last 6 months and 19.02% return in the last 12 months. The company's shareholding details and earnings per share were also included.

Shristi Infrastructure Development Corporation reported a net sales increase of 11.25% in December 2023 compared to the previous year, but also saw a 12.3% increase in net loss and a 62.1% decrease in EBITDA. The company's shares closed at 46.26 on February 20, 2024 with a return of 109.80% in the last 6 months and 91.55% in the last 12 months.

Campus Activewear's shares jumped 13% on Wednesday after a block deal worth Rs 100 crore took place before market hours. The stock has been underperforming the market, but saw increased investor interest with over 93 lakh shares traded. The company reported a decline in net profit and muted revenues in the December quarter, but witnessed a sequential growth of 82.5% in sales volume.

Dhani Services reported a decline in net sales by 41.02% and an increase in net loss by 5.18% in the December 2023 quarter compared to the same period in 2022. EBITDA was also down by 7.68%. The company's shares closed at Rs. 43.10 on February 20, 2024 with 6.42% returns over 6 months and 30.02% over 12 months.

Centrum Capital reported a 67.6% increase in net sales and a 1.73% increase in net loss for the quarter ending December 2023. EBITDA also saw a significant increase at 77.49%. The company's stock closed at Rs. 36.05 on February 20, 2024, with a return of 45.07% over the last 6 months and 68.46% over the last 12 months.

A.K.Capital Services reported a 25.19% increase in net sales at Rs 131.82 crore in December 2023 compared to the same period in 2022. However, their quarterly net profit decreased by 9.73% to Rs 19.81 crore. The company's EBITDA increased by 13.62% to Rs 79.02 crore. The EPS decreased to Rs 30.02 in December 2023.

Lancor Holdings reported a decrease in net sales of 1.55% and an increase in quarterly net profit of 215.62% from December 2022 to December 2023. EBITDA also saw a growth of 16.84% during this period. EPS has increased from Rs. 0.10 to Rs. 0.21. The company's shares closed at 43.32 on February 20, 2024.

Reported Consolidated quarterly numbers for ACCEDERE Net Sales at Rs 0.98 crore in December 2023 up 21.55% from Rs. 0.81 crore in December 2022. Quarterly Net Profit at Rs. 0.06 crore in December 2023 down 85.33% from Rs. 0.41 crore in December 2022. EBITDA stands at Rs. 0.08 crore in December 2023 down 82.61% from Rs. 0.46 crore in December 2022.ACCEDERE EPS has decreased to Rs. 0.13 in Dec.

Shares of One 97 Communications, which owns Paytm, have rallied 21% in the past four days as investors see the worst of the regulatory crisis to be over. Bernstein maintains an Outperform rating with a target price of Rs 600 and expects operational changes to remove dependence on Paytm Payments Bank to have minimal long-term impact. Jefferies has moved Paytm to 'Non Rated' stocks.