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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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Nahar Polyfilms standalone net profit rises 47.52% in the September 2016 quarter
Nov 12,2016

Net profit of Nahar Polyfilms rose 47.52% to Rs 3.57 crore in the quarter ended September 2016 as against Rs 2.42 crore during the previous quarter ended September 2015. Sales rose 3.47% to Rs 62.60 crore in the quarter ended September 2016 as against Rs 60.50 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales62.6060.50 3 OPM %12.7815.45 - PBDT9.148.92 2 PBT3.593.39 6 NP3.572.42 48

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Hindustan Fluoro Carbons reports standalone net loss of Rs 1.65 crore in the September 2016 quarter
Nov 12,2016

Net Loss of Hindustan Fluoro Carbons reported to Rs 1.65 crore in the quarter ended September 2016 as against net loss of Rs 2.23 crore during the previous quarter ended September 2015. Sales rose 4.28% to Rs 7.79 crore in the quarter ended September 2016 as against Rs 7.47 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales7.797.47 4 OPM %-5.78-20.48 - PBDT-1.27-1.90 33 PBT-1.65-2.23 26 NP-1.65-2.23 26

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Ledo Tea Company standalone net profit declines 12.24% in the September 2016 quarter
Nov 12,2016

Net profit of Ledo Tea Company declined 12.24% to Rs 0.43 crore in the quarter ended September 2016 as against Rs 0.49 crore during the previous quarter ended September 2015. Sales declined 13.45% to Rs 2.51 crore in the quarter ended September 2016 as against Rs 2.90 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.512.90 -13 OPM %24.7022.07 - PBDT0.490.52 -6 PBT0.430.49 -12 NP0.430.49 -12

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XPRO India reports standalone net loss of Rs 5.28 crore in the September 2016 quarter
Nov 12,2016

Net Loss of XPRO India reported to Rs 5.28 crore in the quarter ended September 2016 as against net loss of Rs 8.61 crore during the previous quarter ended September 2015. Sales rose 1.81% to Rs 64.07 crore in the quarter ended September 2016 as against Rs 62.93 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales64.0762.93 2 OPM %6.375.01 - PBDT-1.00-1.34 25 PBT-5.28-5.64 6 NP-5.28-8.61 39

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Healthcare Global Enterprises reports consolidated net profit of Rs 4.94 crore in the September 2016 quarter
Nov 12,2016

Net profit of Healthcare Global Enterprises reported to Rs 4.94 crore in the quarter ended September 2016 as against net loss of Rs 1.67 crore during the previous quarter ended September 2015. Sales rose 21.96% to Rs 172.93 crore in the quarter ended September 2016 as against Rs 141.79 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales172.93141.79 22 OPM %14.6914.25 - PBDT22.0012.43 77 PBT7.611.64 364 NP4.94-1.67 LP

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Alkem Laboratories consolidated net profit rises 5.96% in the September 2016 quarter
Nov 12,2016

Net profit of Alkem Laboratories rose 5.96% to Rs 282.83 crore in the quarter ended September 2016 as against Rs 266.92 crore during the previous quarter ended September 2015. Sales rose 18.59% to Rs 1615.01 crore in the quarter ended September 2016 as against Rs 1361.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1615.011361.88 19 OPM %19.2218.76 - PBDT332.37305.61 9 PBT306.89279.69 10 NP282.83266.92 6

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Repro India reports consolidated net loss of Rs 5.76 crore in the September 2016 quarter
Nov 12,2016

Net loss of Repro India reported to Rs 5.76 crore in the quarter ended September 2016 as against net profit of Rs 0.47 crore during the previous quarter ended September 2015. Sales declined 29.10% to Rs 65.83 crore in the quarter ended September 2016 as against Rs 92.85 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales65.8392.85 -29 OPM %4.1910.85 - PBDT-0.365.90 PL PBT-5.760.78 PL NP-5.760.47 PL

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F Mec International Financial Services reports consolidated net profit of Rs 0.12 crore in the September 2016 quarter
Nov 12,2016

Net profit of F Mec International Financial Services reported to Rs 0.12 crore in the quarter ended September 2016 as against net loss of Rs 0.01 crore during the previous quarter ended September 2015. Sales rose 400.00% to Rs 0.15 crore in the quarter ended September 2016 as against Rs 0.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.150.03 400 OPM %80.00-33.33 - PBDT0.12-0.01 LP PBT0.12-0.01 LP NP0.12-0.01 LP

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Indias industrial production rises 0.7% in September 2016
Nov 11,2016

Indias industrial production rose 0.7% in September 2016 over September 2015, while snapping decline for last two straight months. The manufacturing sector production rose 0.9%, while the electricity generation moved up 2.4% contributing to rise in industrial production. However, the mining output continued to decline for second straight month at 3.1% in September 2016. Further, the growth of IIP and manufacturing sector continued to be impacted by sharp plunge in the output of rubber insulated cables (that carries marginal weight in the IIP), excluding which IIP grew 3.8% in September 2016.

As per the use-based classification, the basic goods output improved 4% in September 2016 over a year ago, while the output of intermediate goods moved up 2.2%. The consumer goods output increased 6%, but that of capital goods plunged 21.6% in September 2016. Within consumer goods, the production of consumer durables increased 14%, while that of consumer non-durables rose 0.1% in September 2016.

The IIP growth in August 2016 has been revised marginally upwards to (-) 0.68% in the first revision compared with (-) 0.74% reported provisionally. Meanwhile, the growth in June 2016 has been revised upwards to 2.2% at the final revision from first revision of 1.95%, while it is also higher compared with 2.06% reported provisionally.

In terms of industries, twelve out of the twenty two industry groups in the manufacturing sector have shown positive growth during the month of September 2016 as compared to the corresponding month of the previous year.

The industry groups Other transport equipment has shown the highest positive growth of 12.8%, followed by 11.1% in Basic metals and 10.6% in Radio, TV and communication equipment & apparatus.

On the other hand, Electrical machinery & apparatus has shown the highest negative growth of (-) 49.7% followed by (-) 28.0% in Office, accounting and computing machinery and (-) 7.7% in Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products.

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Hikal gets revision in credit ratings
Nov 11,2016

Hikal announced that ICRA [n++ICRAn++] (Credit Rating Agency) has upgraded the Companys Long Term Rating from BBB to BBB+. The outlook on Long Term Rating is stable. ICRA has reaffirmed the Short Term Rating of A2.

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Hikal gets revision in credit ratings
Nov 11,2016

Hikal announced that ICRA [n++ICRAn++] (Credit Rating Agency) has upgraded the Companys Long Term Rating from BBB to BBB+. The outlook on Long Term Rating is stable. ICRA has reaffirmed the Short Term Rating of A2.

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Board of Alstone Textiles (India) approves change in registered office
Nov 11,2016

Alstone Textiles (India) announced that the Board of Directors of the Company at its meeting held on 11 November 2016, inter alia, has transacted the following:

- Shifting in Registered Office of the Company

The Board of Directors approved shifting of the registered office of the Company from its present location at n++2127-28, 3rd Floor, Block-K, Gail No. 58, Naiwala Gurdwara Road Karol Bagh, New Delhi -110005n++ to n++203 Aman Chamber, Pusa Road, Rajendra Place Metro Station, New Delhi - 110060n++.

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Board of Alstone Textiles (India) approves change in registered office
Nov 11,2016

Alstone Textiles (India) announced that the Board of Directors of the Company at its meeting held on 11 November 2016, inter alia, has transacted the following:

- Shifting in Registered Office of the Company

The Board of Directors approved shifting of the registered office of the Company from its present location at n++2127-28, 3rd Floor, Block-K, Gail No. 58, Naiwala Gurdwara Road Karol Bagh, New Delhi -110005n++ to n++203 Aman Chamber, Pusa Road, Rajendra Place Metro Station, New Delhi - 110060n++.

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Board of Chase Bright Steel appoints director
Nov 11,2016

Chase Bright Steel announced that the Board of Directors of the Company at its meeting held on 11 November 2016, Kanika Vijayvergiya is appointed as an additional Independent director of the Company with effect from 11 November 2016.

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Board of Chase Bright Steel appoints director
Nov 11,2016

Chase Bright Steel announced that the Board of Directors of the Company at its meeting held on 11 November 2016, Kanika Vijayvergiya is appointed as an additional Independent director of the Company with effect from 11 November 2016.

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