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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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Poly Medicure announces board meeting date
Aug 01,2017

Poly Medicure will hold a meeting of the Board of Directors of the Company on 12 August 2017, to consider and approve the Un-audited Financial Results for the first quarter ended on 30th June, 2017.

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Pincon Lifestyle to declare Quarterly Result
Aug 01,2017

Pincon Lifestyle will hold a meeting of the Board of Directors of the Company on 8 August 2017.

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Cerebra Integrated Technologies schedules AGM
Aug 01,2017

Cerebra Integrated Technologies announced that the Annual General Meeting (AGM) of the company will be held on 21 August 2017.

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Ekam Leasing And Finance Co to declare Quarterly Result
Aug 01,2017

Ekam Leasing And Finance Co will hold a meeting of the Board of Directors of the Company on 10 August 2017, to approve the Unaudited Financial Results (Provisional) for the Quarter ended June 30, 2017

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Sai Industries to discuss results
Aug 01,2017

Sai Industries will hold a meeting of the Board of Directors of the Company on 12 August 2017.

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Gagan Gases to convene board meeting
Aug 01,2017

Gagan Gases will hold a meeting of the Board of Directors of the Company on 9 August 2017.

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Sona Koyo Steering Systems to conduct board meeting
Aug 01,2017

Sona Koyo Steering Systems will hold a meeting of the Board of Directors of the Company on 11 August 2017, to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2017

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Indian Hotels gains after bulk deal
Aug 01,2017

Meanwhile, the S&P BSE Sensex was up 109.19 points, or 0.34%, to 32,624.13

Bulk deal boosted volume on the scrip. On BSE, so far 4.10 lakh shares were traded in the counter, compared with average daily volume of 1.40 lakh shares in the past one quarter. The stock hit a high of Rs 127.90 and a low of Rs 124.05 so far during the day. The stock hit a 52-week high of Rs 145.65 on 18 May 2017. The stock hit a 52-week low of Rs 88.80 on 21 November 2016.

The stock had underperformed the market over the past one month till 31 July 2017, falling 6.86% compared with 5.15% rise in the Sensex. The scrip had also underperformed the market in past one quarter, declining 3.57% as against Sensexs 8.67% rise. The scrip had also underperformed the market in past one year, sliding 6.41% as against Sensexs 16.11% rise.

The large-cap company has an equity capital of Rs 98.93 crore. Face value per share is Re 1.

On a consolidated basis, Indian Hotels Company reported net profit of Rs 40.03 crore in Q4 March 2017 as compared with net loss of Rs 20.04 crore in Q4 March 2016. Net sales fell 1.93% to Rs 1049.39 crore in Q4 March 2017 over Q4 March 2016.

Indian Hotels Company and its subsidiaries, collectively known as Taj Group, are engaged in the business of owning, operating & managing hotels, palaces and resorts. The company is a Tata group company.

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NHPC announces change in directorate
Aug 01,2017

NHPC announced that K.M. Singh has ceased to be Chairman & Managing Dircetor of the Company with effect from 31 July 2017 upon attaining the age of superannuation.

Further, Ministry of Power vide its letter no. 9/4/2016-NHPC dated 31 July 2017 has entrusted the additional charge of the post of CMD, NHPC to Ratish Kumar, Director (Projects) w.e.f. 01 August 2017 for a period of 3 months or until the post of CMD, NHPC is filled regularly or till further orders, whichever event occurs ealiest.

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Shree Bhawani Paper Mills announces resignation of company secretary
Aug 01,2017

Shree Bhawani Paper Mills announced that Babita Jain has resigned from the post of Company Secretary with effect from closure of working hours of 31 July, 2017. Consequent to his resignation as Company Secretary, Babita Jain also ceases to be Compliance Officer of the Company.

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Board of Loyal Equipments approves bonus issue
Aug 01,2017

Loyal Equipments announced that the Board of Directors of the Company at its meeting held on 01 August 2017, inter alia, has considered and approved issue the bonus shares in the proportion of 1 (one) equity share for every 2 (two) existing equity share held by the Members, subject to the approval of shareholders in AGM.

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DCM Shriram spurts after good Q1 result
Aug 01,2017

The result was announced after market hours yesterday, 31 July 2017.

Meanwhile, the BSE Sensex was up 70.32 points, or 0.22%, to 32,585.26. The S&P BSE Mid-Cap index was up 64.46 points, or 0.42% to 15,454.03.

On BSE, so far 5.95 lakh shares were traded in the counter, compared with an average volume of 15,823 shares in the past one quarter. The stock hit a high of Rs 404.80 and a low of Rs 365.15 so far during the day. The stock hit a record high of Rs 411.40 on 12 June 2017. The stock hit a 52-week low of Rs 195.85 on 26 December 2016.

The mid-cap company has an equity capital of Rs 32.48 crore. Face value per share is Rs 2.

Commenting on the performance for the quarter, in a joint statement, Ajay Shriram, Chairman & Senior Managing Director, and Vikram Shriram, Vice Chairman & Managing Director, said the company achieved satisfactory results in Q1 June 2017 led by significant volume and profits growth in chemicals and sugar business.

DCM Shriram is an integrated business entity, with extensive and growing presence across the entire agri value chain and chloro-vinyl industry. The company has added innovative value- added businesses in these domains primarily bioseed and fenesta.

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Eicher Motors jumps after good motorcycle sales
Aug 01,2017

The announcement was made during market hours today, 1 August 2017.

Meanwhile, the S&P BSE Sensex was up 60.33 points, or 0.19% to 32,575.27.

On the BSE, 6,137 shares were traded in the counter so far, compared with average daily volumes of 8,498 shares in the past one quarter. The stock had hit a high of Rs 31,429 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 30,100 so far during the day. The stock hit a 52-week low of Rs 19,570.90 on 15 November 2016.

The stock had outperformed the market over the past one month till 31 July 2017, rising 11.21% compared with 5.15% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 16.58% as against Sensexs 8.67% rise. The scrip had also outperformed the market in past one year, rising 34.72% as against Sensexs 16.11% rise.

The large-cap company has equity capital of Rs 27.22 crore. Face value per share is Rs 10.

Eicher Motors said total exports grew by 4% to 1,302 units in July 2017 over July 2016.

Eicher Motors consolidated net profit rose 33.9% to Rs 459.44 crore on 22.9% rise in net sales to Rs 1876.54 crore in Q4 March 2017 over Q4 March 2016.

Eicher Motors is a leading player in the Indian automotive space. Eicher Motors owns the iconic Royal Enfield motorcycle business, which leads the premium motorcycle segment in India. The companys joint venture with the Volvo group, VE Commercial Vehicles, designs, manufactures and markets trucks and buses. The companys joint venture with US-based Polaris Industries Inc launched the Multix, a new 3-in-1 vehicle purpose built for the independent businessman in June 2015.

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Asian Hotels (West) intimates of curb on purchase of shares by NRIs
Aug 01,2017

Asian Hotels (West) announced that it has received a communication from the Reserve Bank of India advising that the foreign shareholding though NRIs in the Company has crossed limit of 10% of its paid up capital. Therefore no further purchase of the shares of the Company would be allowed through stock exchanges in India on behalf of the NRIs.

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Volumes jump at DCM Shriram counter
Aug 01,2017

DCM Shriram clocked volume of 5.78 lakh shares by 14:46 IST on BSE, a 51.31-times surge over two-week average daily volume of 11,000 shares. The stock rose 6.8% to Rs 393.35.

Torrent Power notched up volume of 16.43 lakh shares, a 24.33-fold surge over two-week average daily volume of 68,000 shares. The stock rose 0.49% to Rs 182.80.

Music Broadcast saw volume of 2.10 lakh shares, a 21.99-fold surge over two-week average daily volume of 10,000 shares. The stock rose 0.36% to Rs 360.

Tech Mahindra clocked volume of 20.90 lakh shares, a 20.73-fold surge over two-week average daily volume of 1.01 lakh shares. The stock rose 4.83% to Rs 403.85.

Indian Hotels Company saw volume of 4.03 lakh shares, a 16.06-fold rise over two-week average daily volume of 25,000 shares. The stock rose 1.13% to Rs 125.85.

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