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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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Orient Abrasives standalone net profit declines 71.76% in the December 2016 quarter
Feb 15,2017

Net profit of Orient Abrasives declined 71.76% to Rs 2.55 crore in the quarter ended December 2016 as against Rs 9.03 crore during the previous quarter ended December 2015. Sales declined 48.50% to Rs 49.82 crore in the quarter ended December 2016 as against Rs 96.74 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales49.8296.74 -49 OPM %12.7717.62 - PBDT5.1416.01 -68 PBT3.0613.26 -77 NP2.559.03 -72

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SSPDL consolidated net profit rises 2250.00% in the December 2016 quarter
Feb 15,2017

Net profit of SSPDL rose 2250.00% to Rs 0.47 crore in the quarter ended December 2016 as against Rs 0.02 crore during the previous quarter ended December 2015. Sales rose 9.38% to Rs 21.11 crore in the quarter ended December 2016 as against Rs 19.30 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales21.1119.30 9 OPM %8.052.80 - PBDT0.970.65 49 PBT0.860.44 95 NP0.470.02 2250

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Lakshmi Energy & Foods reports consolidated net profit of Rs 18.83 crore in the December 2016 quarter
Feb 15,2017

Net profit of Lakshmi Energy & Foods reported to Rs 18.83 crore in the quarter ended December 2016 as against net loss of Rs 24.70 crore during the previous quarter ended December 2015. Sales rose 2.38% to Rs 267.69 crore in the quarter ended December 2016 as against Rs 261.47 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales267.69261.47 2 OPM %13.783.42 - PBDT27.92-20.04 LP PBT20.08-25.59 LP NP18.83-24.70 LP

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Adani Enterprises consolidated net profit rises 61.72% in the December 2016 quarter
Feb 15,2017

Net profit of Adani Enterprises rose 61.72% to Rs 339.96 crore in the quarter ended December 2016 as against Rs 210.22 crore during the previous quarter ended December 2015. Sales rose 9.10% to Rs 8602.77 crore in the quarter ended December 2016 as against Rs 7884.94 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales8602.777884.94 9 OPM %6.485.12 - PBDT363.32298.69 22 PBT148.93223.60 -33 NP339.96210.22 62

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Ashiana Housing consolidated net profit rises 2143.66% in the December 2016 quarter
Feb 15,2017

Net profit of Ashiana Housing rose 2143.66% to Rs 15.93 crore in the quarter ended December 2016 as against Rs 0.71 crore during the previous quarter ended December 2015. Sales rose 11.23% to Rs 33.18 crore in the quarter ended December 2016 as against Rs 29.83 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales33.1829.83 11 OPM %45.03-3.92 - PBDT17.855.19 244 PBT15.842.35 574 NP15.930.71 2144

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Sterling International Enterprises reports consolidated net loss of Rs 33.05 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Sterling International Enterprises reported to Rs 33.05 crore in the quarter ended December 2016 as against net loss of Rs 14.61 crore during the previous quarter ended December 2015. Sales declined 20.68% to Rs 108.19 crore in the quarter ended December 2016 as against Rs 136.40 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales108.19136.40 -21 OPM %39.8642.74 - PBDT37.3754.17 -31 PBT-33.06-14.56 -127 NP-33.05-14.61 -126

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Talbros Automotive Components consolidated net profit rises 15.42% in the December 2016 quarter
Feb 15,2017

Net profit of Talbros Automotive Components rose 15.42% to Rs 4.49 crore in the quarter ended December 2016 as against Rs 3.89 crore during the previous quarter ended December 2015. Sales rose 7.39% to Rs 102.42 crore in the quarter ended December 2016 as against Rs 95.37 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales102.4295.37 7 OPM %9.9710.62 - PBDT8.278.95 -8 PBT4.695.10 -8 NP4.493.89 15

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Kapil Raj Finance standalone net profit declines 50.00% in the December 2016 quarter
Feb 15,2017

Net profit of Kapil Raj Finance declined 50.00% to Rs 0.05 crore in the quarter ended December 2016 as against Rs 0.10 crore during the previous quarter ended December 2015. Sales declined 77.78% to Rs 0.06 crore in the quarter ended December 2016 as against Rs 0.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.060.27 -78 OPM %-16.67-7.41 - PBDT0.070.10 -30 PBT0.070.10 -30 NP0.050.10 -50

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Sujala Trading & Holdings reports standalone net loss of Rs 0.06 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Sujala Trading & Holdings reported to Rs 0.06 crore in the quarter ended December 2016 as against net loss of Rs 0.04 crore during the previous quarter ended December 2015. Sales rose 357.14% to Rs 0.64 crore in the quarter ended December 2016 as against Rs 0.14 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.640.14 357 OPM %-9.38-28.57 - PBDT-0.06-0.04 -50 PBT-0.06-0.04 -50 NP-0.06-0.04 -50

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Consolidated Construction Consortium reports standalone net loss of Rs 28.83 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Consolidated Construction Consortium reported to Rs 28.83 crore in the quarter ended December 2016 as against net loss of Rs 40.51 crore during the previous quarter ended December 2015. Sales rose 56.81% to Rs 161.22 crore in the quarter ended December 2016 as against Rs 102.81 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales161.22102.81 57 OPM %5.15-11.46 - PBDT-26.57-37.60 29 PBT-28.83-40.51 29 NP-28.83-40.51 29

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Subros commences supplies of ECM Assy
Feb 15,2017

Subros announced that last year the Company had entered into entrusted production contract with Denso for Engine Cooling Module (ECM Assy). Subros has restarted production of ECM Assy (Radiator manufacturing at Noida plant and ECM Assy at Manesar plant. New lines and enhanced capacities have been set up in line with customers requirement.

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Intellect Design Arena tops losers on BSEs A group
Feb 15,2017

Intellect Design Arena fell 10.08% at Rs 110.60. The stock topped the losers in A group. On the BSE, 10.03 lakh shares were traded on the counter so far as against the average daily volumes of 1.91 lakh shares in the past two weeks.

Tata Motors declined 8.50% at Rs 445.40. The stock was the second biggest loser in A group. On the BSE, 19.06 lakh shares were traded on the counter so far as against the average daily volumes of 5.60 lakh shares in the past two weeks.

DLF slipped 6.41% at Rs 138.05. The stock was the third biggest loser in A group. On the BSE, 10.72 lakh shares were traded on the counter so far as against the average daily volumes of 12.09 lakh shares in the past two weeks.

GVK Power & Infrastructure skid 6.15% at Rs 6.87. The stock was the fourth biggest loser in A group. On the BSE, 19.36 lakh shares were traded on the counter so far as against the average daily volumes of 22.52 lakh shares in the past two weeks.

Housing Development & Infrastructure (HDIL) slipped 5.77% at Rs 64.55. The stock was the fifth biggest loser in A group. On the BSE, 13.98 lakh shares were traded on the counter so far as against the average daily volumes of 26.76 lakh shares in the past two weeks.

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Import of Vegetable Oils down by 15% in 1st Quarter-November 2016 - January 2017
Feb 15,2017

Import of vegetable oils during January 2017 is reported at 1,024,859 tons compared to 1,258,054 tons in January 2016, consisting of 1,008,085 tons of edible oils and 16,774 tons of non-edible oils i.e. down by 19%, as per the data compiled by The Solvent Extractors Association of India on import data of Vegetable Oils (edible & non-edible) for the month of January 2017. The overall import of vegetable oils during first three months of current oil year 2016-17, November 2016 to January 2017 is reported at 3,410,008 tons compared to 4,016,391 tons i.e. down by 15%.

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Sanghi Industries gets credit ratings
Feb 15,2017

Sanghi Industries has received upgradation in credit ratings from ICRA as under -

Long term fund based - cash credit (Rs 185 crore) - ICRA A- (Revised from ICRA BBB)

Short term non fund based limits (Rs 15 crore) - ICRA A2+ (Revised from A3+)

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Nucleus Software Exports releases latest version of FinnOne Neo collection
Feb 15,2017

Nucleus Software Exports announced the launch of latest version of its award wining lending solution FinnOne Neo Collection.

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