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

INFO EDGE Q3 :ST NET LOSS OF 84 CR V 336 CR PROFIT (YOY), 168 CR LOSS (QOQ)

REVENUE UP 33 % AT 555 CR (YOY) ,UP 4.3 % (QOQ)

EBITDA UP 80 % AT 216 CR (YOY),UP 17.5 %(QOQ)

MARGINS AT 39 % V 29% (YOY),34.7 % (QOQ)

LOSS INCLUDES 276 CR EXCEPTIONAL LOSS ITEM


PROFIT BEFORE EXCEPTIONAL ITEM UP 14.3 % AT 359 CR (YOY) , DOWN 2.5 % (QOQ)

Hindenburg-Adani issue: SC suggests forming committee of domain experts and others, putting in place robust practices to protect investors - PTI

Hindenburg-Adani issue: Supreme Court says stock markets usually run on sentiments, we are not making any comment on merits of case

ADANI GROUP : Moody's revises downward ratings outlook on 4 Adani group firms to negative from stable following significant, rapid decline in market value - PTI

Fertilisers; Fertilizer subsidy raised to Rs 2.25 lakh crore for current fiscal, from Budget Estimate of Rs 1.05 lakh crore: FM- PTI

Supreme Court fixes hearing on two PILs seeking probe into Hindenburg report on Adani Group on February 13

RVNL Q3

Net profit up 30.5% at Rs 382.4 cr Vs Rs 293 cr (YoY)

Revenue down 0.7% at Rs 5,013 cr Vs Rs 5,049.2 cr (YoY)

EBITDA down 13.4% at Rs 276.5 cr Vs Rs 319.2 cr (YoY)

Margin at 5.5% Vs 6.3% (YoY)

Moody's outlook for Adani Green Energy Limited (AGEL); Adani Green Energy Restricted Group (AGEL RG-1) comprising Adani Green Energy (UP) Limited, Parampujya Solar Energy Private Limited, Prayatna Developers Private Limited; Adani Transmission Step-One Limited (ATSOL), and Adani Electricity Mumbai Limited (AEML), were changed to negative from stable.