Akasa Air plans to raise $300 million in structured credit
Mon, Feb 5, 2024 2:47 PM

Akasa Air plans to raise $300 million in structured credit

Akasa Air, India's youngest airline, plans to raise $300 million in structured credit through Swiss bank UBS to fund its expansion. It previously ordered 150 Boeing 737 Max aircraft and plans to purchase 226 in total. The airline reported operating revenue of Rs 777.85 crore and continues to attract investors despite losses due to the growth in domestic air traffic.

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Bumper Debut | Megatherm Induction lists at 83% premium over IPO price!
Mon, Feb 5, 2024 2:45 PM

Bumper Debut | Megatherm Induction lists at 83% premium over IPO price!

Megatherm Induction had a successful IPO listing on February 5, with a premium of 83.3% over the issue price. The stock opened at Rs 198 and was trading at a 100% premium in the grey market before listing. The offer saw strong subscription, with non-institutional investors buying 307 times their allotted shares. The company plans to use the proceeds to fund capital expenditure.

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Guj Cotex Standalone December 2023 Net Sales at Rs 4.39 crore, up 14.54%.
Mon, Feb 5, 2024 2:41 PM

Guj Cotex Standalone December 2023 Net Sales at Rs 4.39 crore, up 14.54%.

Reported Standalone quarterly numbers for Gujarat Cotex are: Net Sales at Rs 4.39 crore in December 2023 up 14.54% from Rs. 3.83 crore in December 2022. Quarterly Net Profit at Rs. 0.09 crore in December 2023 up 642.86% from Rs. 0.01 crore in December 2022. EBITDA stands at Rs. 0.09 crore in December 2023 up 800% from Rs. 0.01 crore in December 2022. Guj Cotex EPS has increased to Rs. 0.06.

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Repro India Standalone December 2023 Net Sales at Rs 81.12 crore!
Mon, Feb 5, 2024 2:40 PM

Repro India Standalone December 2023 Net Sales at Rs 81.12 crore!

Reported Standalone quarterly numbers for Repro India are: Net Sales at Rs 81.12 crore in December 2023 up 5.49% from Rs. 76.90 crore in December 2022. Quarterly Net Profit at Rs. 2.91 crore in December 2023 up 11.92% from Rs. 2.60 crore in December 2022. EBITDA stands at Rs. 11.68 crore in December 2023 up 5.32% from Rs. 11.09 crore in December 2022. Repro India EPS has decreased.

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Metropolis Standalone December 2023 Net Sales at Rs 269.41 crore!
Mon, Feb 5, 2024 2:40 PM

Metropolis Standalone December 2023 Net Sales at Rs 269.41 crore!

Metropolis Healthcare reported its standalone quarterly numbers for December 2023, showing a 1.83% increase in net sales compared to the same period in 2022. However, there was also a decrease of 18.67% in net profit and 11.44% in EBITDA. The EPS has decreased from Rs. 6.41 to Rs. 5.21 and the shares have given a return of 19.68% over the last 6 months

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2 mutual fund schemes which offer tax efficiency plus debt-MF like returns!
Mon, Feb 5, 2024 2:38 PM

2 mutual fund schemes which offer tax efficiency plus debt-MF like returns!

Debt mutual funds are preferred by investors for exposure to fixed income assets due to tax efficiency. However, new income tax laws from April 2023 will change the taxation on mutual fund units. Pure debt funds will now come under short-term capital gains regime with applicable income tax slab rates. To counter this, investors can consider arbitrage and equity savings funds.

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Transcorp Intl Standalone December 2023 Net Sales at Rs 540.05 crore!
Mon, Feb 5, 2024 2:38 PM

Transcorp Intl Standalone December 2023 Net Sales at Rs 540.05 crore!

Reported Standalone quarterly numbers for Transcorp International are: Net Sales at Rs 540.05 crore in December 2023 down 27.68% from Rs. 746.74 crore in December 2022. Quarterly Net Profit at Rs. 0.10 crore in December 2023 up 254.55% from Rs. 0.03 crore in December 2022. EBITDA stands at Rs. 1.01 crore in December 2023 up 48.53% from Rs. 0.68 crore in December 2022.

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Choksi Labs Standalone December 2023 Net Sales at Rs 8.79 crore!
Mon, Feb 5, 2024 2:37 PM

Choksi Labs Standalone December 2023 Net Sales at Rs 8.79 crore!

Choksi Labs reported its standalone quarterly results for December 2023, with a 12.24% increase in net sales to Rs. 8.79 crore and a net profit of Rs. 0.06 crore, up 147.24%. However, EBITDA decreased by 3.43% to Rs. 2.25 crore. EPS increased to Rs. 0.09. The company's shares closed at 58.72 on February 02, 2024.

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Mahasagar Trav Standalone December 2023 Net Sales at Rs 11.50 crore!
Mon, Feb 5, 2024 2:36 PM

Mahasagar Trav Standalone December 2023 Net Sales at Rs 11.50 crore!

Mahasagar Travels reported standalone quarterly results for December 2023, showing a decline in net sales by 17.84% and net profit by 7.63%. EBITDA also decreased by 24%, and EPS has dropped from Rs. 0.45 to Rs. 0.42. The stock closed at Rs. 5.84 on February 02, 2024. Expenses increased for raw materials and other expenses.

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Allcargo Gati Standalone December 2023 Net Sales at Rs 53.69 crore!
Mon, Feb 5, 2024 2:34 PM

Allcargo Gati Standalone December 2023 Net Sales at Rs 53.69 crore!

In the last quarter of 2023, Allcargo Gati reported a decrease in net sales by 14.78% compared to the same period in 2022, but a significant increase in net profit by 22030.77%. EBITDA also increased by 1258.82%, contributing to a rise in EPS from Rs. 0.01 to Rs. 2.19. The company's shares closed at 123.85 on February 02, 2024

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Paushak Ltd Standalone December 2023 Net Sales at Rs 51.81 crore!
Mon, Feb 5, 2024 2:33 PM

Paushak Ltd Standalone December 2023 Net Sales at Rs 51.81 crore!

Paushak Ltd reported a 7.07% decrease in net sales and a 9.31% decrease in net profit for the quarter ending December 2023 compared to the same quarter in 2022. EBITDA increased by 0.97%. EPS also decreased from Rs. 48.73 to Rs. 44.21. The company's shares on BSE closed at 5,422.05 with -18.41% returns.

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Sambandam Spin Standalone December 2023 Net Sales at Rs 52.92 crore!
Mon, Feb 5, 2024 2:32 PM

Sambandam Spin Standalone December 2023 Net Sales at Rs 52.92 crore!

Sambandam Spinning Mills reported a decrease in net sales by 6.36% and an increase in quarterly net loss by 48.64% in December 2023 compared to the same period in 2022. EBITDA also increased by 101.09%. The company's shares closed at 80.00 on January 29, 2015 (NSE). Expenses such as raw materials, power and fuel, and employee costs were higher.

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Gravity India Standalone December 2023 Net Sales at Rs 0.43 crore!
Mon, Feb 5, 2024 2:30 PM

Gravity India Standalone December 2023 Net Sales at Rs 0.43 crore!

Reported Standalone quarterly numbers for Gravity India are: Net Sales at Rs 0.43 crore in December 2023 down 73.04% from Rs. 1.60 crore in December 2022. Quarterly Net Loss at Rs. 1.95 crore in December 2023 down 3675.09% from Rs. 0.05 crore in December 2022. EBITDA stands negative at Rs. 1.86 crore in December 2023 down 6100% from Rs. 0.03 crore in December 2022.

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Arihant Capital Standalone December 2023 Net Sales at Rs 71.07 crore!
Mon, Feb 5, 2024 2:28 PM

Arihant Capital Standalone December 2023 Net Sales at Rs 71.07 crore!

In December 2023, Arihant Capital Markets reported a significant increase in quarterly net sales, net profit, and EBITDA. The company's EPS also increased. Their stock has shown strong returns over the past 6 and 12 months. In December 2023, their net sales stood at Rs. 71.07 crore, up 118.2% from the same period in 2022. Net profit was at Rs. 18.01 crore.

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Mangal Credit Standalone December 2023 Net Sales at Rs 8.64 crore!
Mon, Feb 5, 2024 2:27 PM

Mangal Credit Standalone December 2023 Net Sales at Rs 8.64 crore!

Mangal Credit and Fincorp reported a strong quarter with an increase in net sales by 47.75% and net profit by 34.06%. EBITDA also grew by 42.89%, leading to an increase in EPS from Rs. 1.10 to Rs. 1.48. Despite a decline of -2.57% over the last 12 months, the stock showed a 12.72% return over the past 6 months.

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