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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Steel Strips Wheels gains after securing order
Jul 19,2017

The announcement was made during market hours today, 19 July 2017.

Meanwhile, the S&P BSE Sensex was up 170.29 points, or 0.54% at 31,881.28. The S&P BSE Small-Cap index was up 142.97 points, or 0.9% at 15,960.57.

On the BSE, 3,940 shares were traded on the counter so far as against the average daily volumes of 4,481 shares in the past one quarter. The stock was volatile. The stock rose as much as 4.35% at the days high of Rs 918 so far during the day. The stock rose 0.03% at the days low of Rs 880 so far during the day. The stock had hit a record high of Rs 956.60 on 12 June 2017 and a 52-week low of Rs 467 on 19 July 2016.

The stock had underperformed the market over the past one month till 18 July 2017, declining 2.95% compared with the Sensexs 2.11% rise. The scrip had also underperformed the market over the past one quarter sliding 4.19% as against the Sensexs 8.16% rise. The scrip had, however, outperformed the market over the past one year advancing 85.86% as against the Sensexs 14.29% rise.

The small-cap company has equity capital of Rs 15.56 crore. Face value per share is Rs 10.

Steel Strips Wheels (SSWL) said it bagged yet another exports order for supply of steel wheels for EU caravan market. This order covers supplies of approximately 31,000 steel wheels in a period of 3 months. Wheels will be shipped from SSWLs Chennai plant beginning from August 2017. This repeat order strengthens SSWLs position as a strong player in caravan wheels market in Europe region.

Steel Strips Wheels net profit rose 12.2% to Rs 20.74 crore on 23.1% increase in net sales to Rs 380.15 crore in Q4 March 2017 over Q4 March 2016.

Steel Strips Wheels designs and manufactures automotive steel wheels and is among the leading supplier to Indian and global automobile manufacturers.

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GNA Axles hits peak after posting strong Q1 results
Jul 19,2017

The result was announced during market hours today, 19 July 2017.

Meanwhile, the S&P BSE Sensex was up 163.93 points, or 0.52% at 31,874.92. The S&P Small-Cap index was up 138.65 points or 0.88% at 15,956.25.

More than usual volumes were witnessed on the counter. On the BSE, 1.82 lakh shares were traded in the counter so far, compared with average daily volumes of 33,407 shares in the past one quarter. The stock had hit a high of Rs 286.50 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 264.95 so far during the day. The stock had hit a record low of Rs 171.10 on 22 November 2016.

The stock had outperformed the market over the past one month till 18 July 2017, gaining 16.23% compared with Sensexs 2.11% gains. The scrip had also outperformed the market in past one quarter, gaining 22.29% as against Sensexs 8.16% rise. The scrip had also outperformed the market in past six months, rising 29.67% as against Sensexs 16.34% rise.

The small-cap company has equity capital of Rs 21.47 crore. Face value per share is Rs 10.

Shares of GNA Axles had made debut on the bourses on 26 September 2016.

GNA Axles is into manufacturing of rear axle shafts used in on-highway and off-highway vehicular segments in India.

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Mastek hits the roof on Q1 result boost
Jul 19,2017

The result was announced during market hours today, 19 July 2017.

Meanwhile, the S&P BSE Sensex was up171.79 points or 0.54% at 31,882.78. The S&P BSE Small-Cap index rose 139.81 points or 0.88% at 15,957.41.

On the BSE, 6.89 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one quarter. The stock had hit a high of Rs 358.80 and a low of Rs 301.75 so far during the day. The stock had hit a 52-week high of Rs 363.10 on 11 May 2017 and a 52-week low of Rs 108.65 on 30 September 2016.

The stock had outperformed the market over the past one month till 18 July 2017, advancing 8.75% compared with the Sensexs 2.11% rise. The stock had also outperformed the market over the past one quarter, gaining 39.3% as against the Sensexs 8.16% rise. The scrip had also outperformed the market over the past one year, jumping 120.83% as against the Sensexs 14.29% rise.

The small-cap company has equity capital of Rs 11.69 crore. Face value per share is Rs 5.

Mastek is a publicly held leading IT player with global operations providing enterprise solutions to government, retail and financial services organizations worldwide.

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Board of Bajaj Finance approves fund raising up to Rs 4500 cr via QIP issue
Jul 19,2017

The Board of Bajaj Finance at its meeting held on 19 July 2017 approved, subject to approval of the shareholders, an issue of securities for an aggregate amount of upto Rs 4,500 crore through a qualified institutions placement to qualified institutional buyers in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, and related matters thereto.

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Manaksia to hold AGM
Jul 19,2017

Manaksia announced that the 33rd Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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Kothari World Finance to hold AGM
Jul 19,2017

Kothari World Finance announced that the 32nd Annual General Meeting (AGM) of the company on 1 September 2017.

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Cochin Malabar Estates & Industries to hold AGM
Jul 19,2017

Cochin Malabar Estates & Industries announced that the 87th Annual General Meeting (AGM) of the company will be held on 31 August 2017.

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SagarSoft (India) to hold board meeting
Jul 19,2017

SagarSoft (India) will hold a meeting of the Board of Directors of the Company on 2 August 2017, to consider and take on record the un-audited financial results of the Company for the first quarter ended 30th June, 2017

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HT Media to hold AGM
Jul 19,2017

HT Media announced that the 15th Annual General Meeting (AGM) of the company on 25 September 2017.

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Joonktolle Tea & Industries to hold AGM
Jul 19,2017

Joonktolle Tea & Industries announced that the 143rd Annual General Meeting (AGM) of the company will be held on 31 August 2017.

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Insilco to hold AGM
Jul 19,2017

Insilco announced that the Annual General Meeting (AGM) of the company will be held on 5 September 2017.

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SEAMEC to hold AGM
Jul 19,2017

SEAMEC announced that the 30th Annual General Meeting (AGM) of the company will be held on 11 August 2017.

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AksharChem (India) announces closure of QIP issue
Jul 19,2017

AksharChem (India) announced that the QIP Committee of the board of directors of the Company has, at its meeting held on 19 July 2017, inter alia, passed the following resolutions:

declaring the closure of the QIP on 19 July 2017;

determining and approving the issue price of Rs.776.00 per Equity Share, for issuance of upto 8,89,690 Equity Shares, to be allotted to eligible qualified institutional buyers in the QIP; and

approving and adopting the placement document dated 19 July 2017, in connection with the QIP (the Placement Document).

The QIP had opened on 14 July 2017.

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HeidelbergCement India to hold board meeting
Jul 19,2017

HeidelbergCement India will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and approve the Unaudited Financial Results for the 1st quarter ended 30th June 2017.

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Outcome of board meeting of HBL Power Systems
Jul 19,2017

HBL Power Systems announced that the Board of Directors of the Company at its meeting held on 19 July 2017 transacted the following -

Took on record NCLT approval for scheme of arrangement and amalgamation of Beaver Engineering and Holdings and HBL Power Systems, appointed date for the scheme being 01 April 2016.

Cancelled 14,98,99,443 equity shares of Re 1 each held by Beaver Engineering and Holdings in the Company.

Approved allotment of 17,40,94,389 equity shares of Re 1 each paid up to the shareholders of Beaver Engineering and Holdings in the ratio as agreed and approved in the scheme.

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