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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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Tasty Bite Eatables AGM scheduled
Aug 14,2017

Tasty Bite Eatables announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2017.

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Orient Abrasives to conduct AGM
Aug 14,2017

Orient Abrasives announced that the Annual General Meeting (AGM) of the company will be held on 16 September 2017.

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Sonal Adhesives to conduct AGM
Aug 14,2017

Sonal Adhesives announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2017.

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Metropoli Overseas to convene AGM
Aug 14,2017

Metropoli Overseas announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2017.

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Shipping Corporation of India schedules AGM
Aug 14,2017

Shipping Corporation of India announced that the 67th Annual General Meeting (AGM) of the company will be held on 26 September 2017.

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Raja Bahadur International schedules AGM
Aug 14,2017

Raja Bahadur International announced that the Annual General Meeting (AGM) of the company will be held on 15 September 2017.

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Indian Hume Pipe Company announces board meeting date
Aug 14,2017

Indian Hume Pipe Company will hold a meeting of the Board of Directors of the Company on 6 September 2017, to consider, inter-alia the Unaudited Financial Results for the 1st quarter ended 30th June, 2017

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Savita Oil Technologies to discuss results
Aug 14,2017

Savita Oil Technologies will hold a meeting of the Board of Directors of the Company on 16 August 2017, to consider appointment of a Non-Executive Director, postponement of 56th Annual General Meeting of the Company.

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Dhunseri Tea & Industries to announce Quarterly Result
Aug 14,2017

Dhunseri Tea & Industries will hold a meeting of the Board of Directors of the Company on 29 August 2017.

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The Byke Hospitality schedules AGM
Aug 14,2017

The Byke Hospitality announced that the 27th Annual General Meeting (AGM) of the company will be held on 18 September 2017.

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Simplex Castings to hold board meeting
Aug 14,2017

Simplex Castings will hold a meeting of the Board of Directors of the Company on 14 September 2017, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2017.

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Suzlon Energy spurts after turnaround Q1 results
Aug 14,2017

The result was announced after market hours on Friday, 11 August 2017.

Meanwhile, the S&P BSE Sensex was up 283.38 points, or 0.91% at 31,496.97. The S&P BSE Mid-Cap index was up 349.20 points, or 2.32% at 15,385.53.

High volumes were witnessed on the counter. On the BSE, 1.65 crore shares were traded on the counter so far as against the average daily volumes of 71.58 lakh shares in the past one quarter. The stock had hit a high of Rs 17.70 and a low of Rs 16.20 so far during the day. The stock had hit a 52-week high of Rs 22.25 on 22 May 2017 and hit a 52-week low of Rs 12.47 on 9 November 2016.

The stock had dropped 23.11% in eleven sessions to settle at Rs 15.30 on 11 August 2017, from a close of Rs 19.90 on 27 July 2017, ahead of the results.

The stock had underperformed the market over the past one month till 11 August 2017, falling 20.93% compared with the Sensexs 1.68% decline. The stock had also underperformed the market over the past one quarter, declining 28% as against the Sensexs 3.18% rise. The scrip had also underperformed the market over the past one year, falling 7.83% as against the Sensexs 12.04% rise.

The mid-cap company has equity capital of Rs 1058.16 crore. Face value per share is Rs 2.

Suzlon Energys net sales jumped 61.7% to Rs 2665.26 crore in Q1 June 2017 over Q1 June 2016.

P Chalasani, Group CEO, said that the company continues to achieve profitable growth as evidenced by the 4th consecutive quarter of delivering net profit. The company is confident this momentum will continue. Thetransition from FiT to competitive bidding has created temporary volatility in terms of volume and margins. In the long‐term, all stakeholders will benefit from higher volumes. The company has commissioned next generation turbine, the S111‐140 meters which will establish new performance benchmarks, he added.

The order book stood at Rs 7757 crore. Order book as on 30th June 2017 stands at 1,169 megawatts. Consolidated customer advance stands at Rs 945 crore which reflects the good quality of order backlog.

The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.

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Arihant Superstructures appoints directors
Aug 14,2017

Arihant Superstructures has appointed Vijayalakshmi R. Iyer as Women Director and Additional Independent Director and Mr. Raj Bhardwaj as Additional Director of the Company with effect from 12th August 2017.

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Arihant Superstructures fixes record date for dividend
Aug 14,2017

Arihant Superstructures has fixed 22nd September 2017 as the Record Date for the purpose of payment of Final Dividend.

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Savera Industries appoints independent Directors
Aug 14,2017

Savera Industries on 11th August 2017 has approved the appointment of Mr. B. Ranga Reddy and Mr. S. Sridhara Rao as Independent Directors for the second term by the members.

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