Salzer Electronics reported standalone revenue for the quarter at Rs. 110.69 crore, registering 10.5 per cent yoy increase.

Indian sugar stocks were buzzing from the start of the week after the Union Government doubled import tax on sugar. The import duty on sugar was hiked to 100 per centon February 6. The stocks have duly broken their 5-10 days consolidation.

The PAT for the quarter came in at Rs. 27.8 crore, yoy increase of 11.2 per cent. This was due to lower depreciation and finance cost.

Standalone revenue for the quarter at Rs. 521.32 crore, registering 18.3 per cent yoy increase. Also, revenues of Westside format for the nine months ended 31st December 2017 was higher by 22 per cent (like to like 10 per cent) as compared to the corresponding previous period.

In response to the government's call for all electric vehicle by 2030, the auto industry is displaying stunning electric as well as hybrid concept car at Auto Expo 2018. But in the same breath automakers are asking for incentives, tax sop to provide affordability to consumers along with eco-friendly technology.

Bengaluru-based Focus Suites Solutions & Services listed on BSE SME Platform on Friday as the first company with all-women directors on board. At 12:39 hours the stock was trading at Rs. 21.60 per share, up 20 per cent. 

Following stocks are close to their 52-week low as at 12.35 p.m. on February 9.

The markets on February 9 opened down. BSE Sensex is trading at 33,968.81, down by 444.35 points and the Nifty is trading at 10,429.00, down by 147.85 points.

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ICICI Securities, 100 per cent subsidiary of ICICI Bank, has received SEBI's approval to raise an estimated amount of Rs. 3,000-Rs 4,000 crore through an initial public offering (IPO).