HCL Infosystems reported poor standalone quarterly results for December 2023, with net sales at Rs. 1.39 crore down 9.15% and a net loss of Rs. 9.11 crore, up 28.38% from the previous year. EBITDA also showed negative growth. Despite this, the company's stock saw a 1.96% increase over the last 6 months and 25.43% over the last 12 months.

BPCL stock surges 5%, Jefferies upgrades it to BUY with a target price of ₹890. Govt has not intervened in retail pricing. Oil prices are rangebound and OMCs have seen a boost in refining margins due to Red Sea disturbances. Jefferies expects more than 30% upside for BPCL as peak-cycle multiples leave room for further growth.

Shares of Paytm's parent company One 97 Communications have fallen by 24% this week, hitting a record low on Friday. The company has been facing regulatory hurdles, with the RBI banning its payments bank and ED launching an inquiry. Experts advise staying away from the stock until these issues are resolved, as it may be difficult to migrate customers to different banks within the Feb 29 deadline.

Calcom Vision reported standalone quarterly numbers for December 2023 with a net sales decrease of 7.29% and a net profit decrease of 98.02%, compared to the same period in 2022. EBITDA also decreased by 45.2% and EPS dropped from Rs.1.44 to Rs.0.03. The company's shares closed at 159.65 on February 15, 2024 (BSE).

Reported Standalone quarterly numbers for Virgo Global are: Net Sales at Rs 24.22 crore in December 2023 up 134.45% from Rs. 10.33 crore in December 2022. Quarterly Net Profit at Rs. 0.62 crore in December 2023 up 1555.11% from Rs. 0.04 crore in December 2022. EBITDA stands at Rs. 0.62 crore in December 2023 up 1140% from Rs. 0.05 crore in December 2022.

United Leasing reported standalone quarterly numbers for December 2023, with a decrease in net sales by 45.03% and an increase in net profit by 5.84%. EBITDA remained stable at Rs. 0.36 crore. EPS also increased to Rs. 0.45. The company's shares closed at 23.67 on the BSE on February 15, 2024. The company's expenditure included a decrease in raw material consumption.

Reported Standalone quarterly numbers for Art Nirman are: Net Sales at Rs 3.75 crore in December 2023 up 268.77% from Rs. 1.02 crore in December 2022. Quarterly Net Profit at Rs. 0.08 crore in December 2023 up 171.18% from Rs. 0.11 crore in December 2022. EBITDA stands at Rs. 0.25 crore in December 2023 up 257.14% from Rs. 0.07 crore in December 2022.

Reported Standalone quarterly numbers for VEDAVAAG Systems are: Net Sales at Rs 14.83 crore in December 2023 up 1.55% from Rs. 14.61 crore in December 2022. Quarterly Net Profit at Rs. 1.01 crore in December 2023 down 21.25% from Rs. 1.29 crore in December 2022. EBITDA stands at Rs. 1.73 crore in December 2023 down 21.36% from Rs. 2.20 crore in December 2022.

Defence ministry's procurement through government e-Marketplace (GeM) has crossed Rs 1 lakh crore milestone, making it the only ministry to achieve this since its inception. The online platform for public procurement was launched in 2016 with the goal of creating transparency and inclusivity. Rs 46,000 crore worth of orders have been placed by the ministry in the current fiscal year.

More S&P 500 companies are mentioning AI in their conference calls, showing that it is becoming a major focus in the markets and corporate America. The technology is being discussed across various sectors and is seen as a driver of demand and potential investment in capital expenditures and research and development. Companies pursuing or enabling AI are also outperforming the average stock.

Ahlada Engineers reported a strong standalone quarterly performance, with net sales up 43.32% to Rs. 39.82 crore and net profit increasing by 470.2% to Rs. 2.66 crore in December 2023. EBITDA also saw a growth of 75.21%. The company's EPS has increased to Rs. 2.06 and its stock closed at Rs. 138.40 on February 15, 2024.

Supreme Engineering has reported strong standalone quarterly numbers, with a net sales increase of 84.54% and EBITDA increase of 105.69%. However, the company also reported a net loss and interest expenses. Its shares closed at Rs. 1.30 on NSE, with a 100.00% return in the last 6 months and 18.18% return in the last 12 months.

Cranex has reported its standalone quarterly results, with a significant increase in net sales and net profit compared to the same quarter last year. EBITDA also saw a slight increase, while EPS has risen from Rs. 0.11 to Rs. 0.16. The company's stock price closed at Rs. 49.16 on February 15, 2024, a 79.42% increase from the previous year.

OTT platform Ullu Digital Limited plans to raise Rs 135-150 crore through its upcoming IPO. The company aims to utilize the funds for content creation, staff recruitment, and other corporate purposes. As of September 2023, Ullu had 20,92,975 subscribers and recorded revenue of Rs 58.33 crore with a profit of Rs 12.28 crore. The company's founder holds 61.75% shares.

In December 2023, TIL reported a net sales increase of 8.65% to Rs 12.06 crore from the previous year. Their net profit rose by 588.74% to Rs 104.59 crore, but EBITDA decreased by 51.45%. EPS also saw an increase. In February 2024, their shares closed at Rs 480.00 on NSE with a 85.29% return in the last 6 months.