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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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Outcome of board meeting of CG-Vak Software & Exports
Dec 15,2016

CG-Vak Software & Exports announced that the Board of Directors of the Company at its meeting held on 15 December 2016 has decided to consider and appoint Company Secretary and Compliance Officer of the company and to review the performance of the Company.

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Infinite Computer Solutions India fixes record date for buyback of shares
Dec 15,2016

Infinite Computer Solutions India announced that the Company has fixed 23 December 2016 as the Record Date for the purpose of Buyback of equity shares of the Company.

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SRS hits record low
Dec 15,2016

The result was announced after market hours yesterday, 14 December 2016.

Meanwhile, the S&P BSE Sensex was up 19.96 points or 0.09% at 26,627.25.

Higher than normal volumes were witnessed on the counter. On the BSE, 4.64 lakh shares were traded in the counter so far as against average daily volume of 2.01 lakh shares in the past one quarter. The stock had hit a low of Rs 4.71 so far during the day, which is also a record low for the counter. The stock had hit a high of Rs 5.20 in intraday trade. The stock had hit a 52-week high of Rs 24.80 on 24 December 2015.

The stock had underperformed the market over the past one month till 14 December 2016, declining 9.46% compared with the Sensexs 0.81% fall. The scrip had also underperformed the market in past one quarter, falling 23.54% as against the Sensexs 6.24% fall.

The small-cap company has equity capital of Rs 278.58 crore. Face value per share is Rs 10.

SRS net total income from operations tumbled 85.75% to Rs 155.77 crore in Q2 September 2016 over Q2 September 2015.

A diversified enterprise, the SRS Group enjoys a rare, synergistic presence across sectors such as jewellery, cinemas, retail, hospitality as well as real estate, healthcare and financial services.

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Australia Stocks fall as Fed hike rate
Dec 15,2016

Australian share market finished session with red ink on Thursday, 15 December 2016, dragged down by risk aversion selloff, with commodity-related stocks hit hard by the stronger US dollar which surged after the US Federal Reserve raised its interest rate target by a quarter point, and hinted at a brisker pace of rate hikes next year. At the closing bell, the benchmark S&P/ASX 200 index declined 46 points, or 0.82%, to 5538.60, while the broader All Ordinaries index dropped 44.70 points, or 0.79%, to close at 5595.

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Volumes jump at Minda Industries counter
Dec 15,2016

Minda Industries clocked volume of 21.98 lakh shares by 14:31 IST on BSE, a 175.45-times surge over two-week average daily volume of 13,000 shares. The stock surged 5.78% at Rs 325.50.

Orient Paper & Industries notched up volume of 33.85 lakh shares, a 112.1-fold surge over two-week average daily volume of 30,000 shares. The stock was up 0.29% at Rs 68.50.

Sundaram Finance saw volume of 3.11 lakh shares, a 13.21-fold surge over two-week average daily volume of 24,000 shares. The stock was down 1.16% at Rs 1,197.35.

Ramco Systems clocked volume of 1.07 lakh shares, a 12.12-fold surge over two-week average daily volume of 9,000 shares. The stock was down 0.58% at Rs 520.15.

Voltas saw volume of 10.47 lakh shares, a 10.69-fold rise over two-week average daily volume of 98,000 shares. The stock rose 0.62% at Rs 323.90.

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Nalco slumps after posting poor Q2 results
Dec 15,2016

The result was announced after market hours yesterday, 14 December 2016.

Meanwhile, the S&P BSE Sensex was up 49.06 points or 0.18% at 26,651.90.

More than usual volumes were witnessed on the counter. On the BSE, 6.95 lakh shares were traded in the counter so far as against average daily volume of 4.62 lakh shares in the past one quarter. The stock had hit a high of Rs 63.85 and a low of Rs 60.35 so far during the day. The stock had hit a 52-week low of Rs 29.75 on 12 February 2016. The stock had hit a 52-week high of Rs 72.45 on 8 December 2016.

The stock had outperformed the market over the past one month till 14 December 2016, gaining 30.31% compared with the Sensexs 0.81% fall. The scrip had also outperformed the market in past one quarter, rising 43.29% as against the Sensexs 6.24% fall.

The large-cap company has equity capital of Rs 966.46 crore. Face value per share is Rs 5.

State-run National Aluminium Company (Nalco) has integrated and diversified operations in mining, metal and power. The Government of India (GoI) held 74.58% stake in the company (as per the shareholding pattern as on 30 September 2016).

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Akzo Nobel India acquires BASF Indias Industrial Coatings Business
Dec 15,2016

Akzo Nobel India announced that effective 15 December 2016, the Company has acquired the Industrial Coatings Business of BASF India for a consideration of Rs 11.17 crore.

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Akzo Nobel India acquires BASF Indias Industrial Coatings Business
Dec 15,2016

Akzo Nobel India announced that effective 15 December 2016, the Company has acquired the Industrial Coatings Business of BASF India for a consideration of Rs 11.17 crore.

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BASF India transfers its industrial coating business to Akzo Noble India
Dec 15,2016

BASF India announced that the parent company, BASF SE, Germany has completed the sale of global industrial coatings business to AkzoNobel. Consequently, the industrial coatings business of the Company would stand transferred to Akzo Noble India with effect from 14 December 2016. The Company has received an aggregate sum of Rs 11.17 crore from Akzo Noble India toward the consideration for the sale of the said business.

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BASF India transfers its industrial coating business to Akzo Noble India
Dec 15,2016

BASF India announced that the parent company, BASF SE, Germany has completed the sale of global industrial coatings business to AkzoNobel. Consequently, the industrial coatings business of the Company would stand transferred to Akzo Noble India with effect from 14 December 2016. The Company has received an aggregate sum of Rs 11.17 crore from Akzo Noble India toward the consideration for the sale of the said business.

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Sonata Software announces US patent for Halosys Mobility Platform
Dec 15,2016

Sonata Software announced that its Unified Enterprise Mobility Platform Halosys has been granted a patent for its innovation on rule based notifications. This patent has far reaching implications beyond web and mobile, to automate systems that can trigger responses based on events in enterprise systems like ERP, CRM enabling more intelligent and automated apps and bots applications to be deployed for digital business innovation.

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Sonata Software announces US patent for Halosys Mobility Platform
Dec 15,2016

Sonata Software announced that its Unified Enterprise Mobility Platform Halosys has been granted a patent for its innovation on rule based notifications. This patent has far reaching implications beyond web and mobile, to automate systems that can trigger responses based on events in enterprise systems like ERP, CRM enabling more intelligent and automated apps and bots applications to be deployed for digital business innovation.

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National Aluminium Company leads losers in A group
Dec 15,2016

National Aluminium Company slumped 5.82% to Rs 62.35 at 12:30 IST. The stock topped the losers in the BSEs A group. On the BSE, 5.78 lakh shares were traded on the counter so far as against the average daily volumes of 12.25 lakh shares in the past two weeks.

Muthoot Finance slipped 3.06% at Rs 271. The stock was the second biggest loser in A group. On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 97,000 shares in the past two weeks.

Unitech fell 2.75% to Rs 4.61 after the company reported consolidated net loss of Rs 13 crore in Q2 September 2016 compared with consolidated net loss of Rs 65.70 crore in Q2 September 2015. Unitechs total income dropped 42.27% to Rs 385.94 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 14 December 2016.

The stock was the third biggest loser in A group. On the BSE, 21.18 lakh shares were traded on the counter so far as against the average daily volumes of 27.67 lakh shares in the past two weeks.

HPCL declined 2.25% to Rs 424.90. The stock was the fourth biggest loser in A group. On the BSE, 2.38 lakh shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past two weeks.

Balrampur Chini Mills dropped 2.03% at Rs 117.95. The stock was the fifth biggest loser in A group. On the BSE, 1 lakh shares were traded on the counter so far as against the average daily volumes of 77,000 shares in the past two weeks.

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Sita Shree Food Products reports standalone net loss of Rs 63.89 crore in the September 2016 quarter
Dec 15,2016

Net loss of Sita Shree Food Products reported to Rs 63.89 crore in the quarter ended September 2016 as against net profit of Rs 0.92 crore during the previous quarter ended September 2015. Sales declined 69.94% to Rs 56.81 crore in the quarter ended September 2016 as against Rs 188.98 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales56.81188.98 -70 OPM %-97.943.86 - PBDT-62.382.65 PL PBT-63.801.19 PL NP-63.890.92 PL

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Ankit Metal & Power reports standalone net loss of Rs 58.33 crore in the September 2016 quarter
Dec 15,2016

Net Loss of Ankit Metal & Power reported to Rs 58.33 crore in the quarter ended September 2016 as against net loss of Rs 71.96 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 290.85 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0290.85 -100 OPM %0-7.85 - PBDT-48.24-54.56 12 PBT-58.33-71.96 19 NP-58.33-71.96 19

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