From Bloomberg | Russia plans to cut March oil output by 5 lakh bpd. Deputy PM Novak says Russia won’t adhere to Western price cap

BRENT CRUDE OIL SOARS ⬆️⬆️

NEGATIVE FOR PAINT , CHEMICAL, FMCG , QSR STOCKS

XCHANGING Q3 : CONS NET PROFIT AT 7 CR V 12 CR (YOY]

REVENUE AT 41 CR V 42 CR

XCHANGING: EBITDA AT 8 CR V 13.5 CR (YOY(

MARGINS AT 19.5 % V 32 %

GAIL signed Advance Pricing Agreement with the CBDT

GOKALDAS EXPORT Q3 : ST NET PROFIT AT 42 CR V 30 CR (YOY]

REVENUE AT 519 CR V 520 Cr

GOKALDAS EXPORT: EBITDA AT 68 CR V 60 CR (YOY)

MARGINS AT 13 % V 11.6%

VST TILLERS Q3 : ST NET PROFIT AT 19 CR V 21 CR(YOY(

REVENUE AT 213 CR V 208 CR

VST TILLERS: EBITDA AT 23 CR V 22 CR (YOY(

MARGINS AT 10.9 % V 10.7 %

Voltas Concall

-See price hikes from Q1FY24

-Softer inflation should support rural sales

-going forward

From Reuters | #Regulator probing whether #Anchor investors in aborted share sale linked to #Adani Group

UBS Reiterates Positive Outlook for Oil Price After Russia Move.

Finance Minister Nirmala Sitharaman speaks during general discussion on Union Budget 2023 in Lok Sabha says that the government, RBI took many pre-emptive steps on inflation
(From Agencies)

KREMLIN: RUSSIA HELD TALKS WITH SOME OPEC+ MEMBERS ON ITS DECISION TO CUT OIL OUTPUT.

KREMLIN: RUSSIA'S PUTIN TO DELIVER AN ADDRESS TO THE FEDERAL ASSEMBLY ON FEBRUARY. 21ST.

OPEC+ WON'T BOOST SUPPLY IN REACTION TO THE RUSSIAN CUT - DELEGATES.

Finance Minister Nirmala Sitharaman speaks during general discussion on Union Budget 2023 in Lok Sabha says that the government, RBI took many pre-emptive steps on inflation (From Agencies)

BHEL Q3

Net profit up 56.5% at Rs 42.3 cr Vs Rs 27 cr (YoY)

Revenue up 2.5% at Rs 5,264 cr Vs Rs 5,134 cr (YoY)

EBITDA up 62.4% at Rs 144.9 cr Vs Rs 89.2 cr (YoY)

Margin at 2.8% Vs 1.7% (YoY)

ALIBABA LIKELY SOLD STAKE TODAY IN PAYTM - REPORTS

Ukraine accuses Russia of launching a missile attack that violated the airspace of NATO member Romania - Bloomberg