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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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Warren Tea to announce Q3 results
Feb 02,2017

Warren Tea announced that the Board of Directors of the Company will meet on 11 February 2017, inter alia, to approve the Unaudited Financial Results for the Third Quarter Ended December, 2016.

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Hero MotoCorp announces sales performance
Feb 02,2017

Hero MotoCorp reported sales of 487,088 units for the month of January 2017 compared to 563,348 units sold in the corresponding month last year (Jan 16).

In the month of January, the Company added yet another significant market to its global operations, with the launch of Brand Hero in Argentina. The Company now has operations in 35 countries across Asia, Africa, South and Central America. Hero MotoCorp also unveiled the New Glamour in Argentina, its first ever-global product launch outside of India.

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Shares of Super Fine Knitters get listed
Feb 02,2017

The equity shares of Super Fine Knitters (Scrip Code: 540269) are listed effective 02 February 2017 and admitted to dealings on the Exchange in the list of MT Group Securities.

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Tata Motors slides after weak sales in January
Feb 02,2017

The announcement was made after market hours yesterday, 1 February 2017.

Meanwhile, the S&P BSE Sensex was up 50.41 points or 0.18% at 28,192.05.

On the BSE, 95,000 shares were traded on the counter so far as against the average daily volumes of 5.25 lakh shares in the past one quarter. The stock had hit a high of Rs 541.90 and a low of Rs 530.20 so far during the day.

The stock had hit a 52-week high of Rs 598.60 on 7 September 2016 and a 52-week low of Rs 266 on 11 February 2016. The stock had outperformed the market over the past one month till 1 February 2017, advancing 14.93% compared with the Sensexs 5.69% rise. The scrip had also outperformed the market over the past one quarter, gaining 2.02% as against the Sensexs 0.95% rise.

The large-cap company has equity capital of Rs 577.47 crore. Face value per share is Rs 2.

Tata Motors domestic sales of Tata commercial and passenger vehicles registered flat growth at 41,428 units in January 2017 over January 2016.

Tata Motors passenger vehicles, in the domestic market, recorded 21% rise in sales at 12,907 units in January 2017 over January 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa. The overall commercial vehicles sales in January 2017, in the domestic market were at 28,521 units, lower by 7% over January 2016.

The construct segment continued to grow strongly by 26.5% year-on-year (yoy), as road construction continues to drive demand, along with coal & iron ore mining also gaining momentum. IM&HCV Bus sales grew by 12%. The medium & heavy commercial vehicles (M&HCV) segment is witnessing a surge in enquiry levels, after a weak Q3. The companys sales from exports was fell 13% at 4,921 units in January 2017 over January 2016.

Tata Motors reported consolidated net profit of Rs 848.16 crore in Q2 September 2016, compared with net loss of Rs 1740.20 crore in Q2 September 2015. Net sales rose 6.7% to Rs 65140.75 crore in Q2 September 2016 over Q2 September 2015.

Tata Motors is a market leader in commercial vehicles in India. The companys British luxury unit Jaguar Land Rover (JLR) sells premium luxury cars.

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Coal India announces coal production and offtake performance
Feb 02,2017

Coal India said that production of the company and its subsidiaries was 92% of targeted production at 55.99 million tonnes in January 2017. The offtake was 92% of targeted offtake at 51.35 million tonnes in January 2017.

For the period, April-January 2017, coal production was 91% of the targeted production at 433.76 million tonnes while offtake was 90% o f the targeted offtake at 443.13 million tonnes.

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Dishman Pharmaceuticals and Chemicals receives EIR from USFDA
Feb 02,2017

Dishman Pharmaceuticals and Chemicals announced that the Companys Bavla facility was successfully inspected by the US FDA in July, 2016, which was intimated to the stock exchanges on 09 July 2016. In this regard, the Company has received the Establishment Inspection Report (EIR) from the US FDA for this facility on 01 February 2017.

Thus, the Companys facilities in Bavla, Naroda and Switzerland continue to be approved by the US FDA.

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Board of Haria Apparels to consider Q3 results
Feb 02,2017

Haria Apparels announced that meeting of the Board of Directors of the Company will be held on 14 February 2017, to take on record the Unaudited Financial Results for the 3rd Quarter ended 31 December 2016.

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PHD Chamber welcomes end of logjam in GST implementation
Feb 02,2017

While appreciating the efforts undertaken by the Honble Finance Minister and empowered GST Council, Mr. Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry said that the end of logjam in GST implementation will boost not only the sentiments of businesses but also benefit people at large.

Industry will get a boost with the removal of cascading impact of taxation and improvement in ease of doing business, said Mr. Jiwarajka

GST will enhance production possibilities, attract FDIs and increase employment opportunities in the economy, he added.

GST will roll out from July 1 2017. The success of the Centre and the states to work out a formula for distribution of power between them to assess taxpayers is encouraging, said Mr. Jiwarajka

GST council has decided to split assessees above a turnover of Rs 1.5 crore in the ratio of 50:50 between the Centre and the states, he added.

The turnover of Rs 1.5 crore or less, 90 per cent of the assessees will be assessed by the states and 10 per cent by the Centre, said Mr. Jiwarajka.

GST implementation would be a major game changer for the economy for accelerating the economic growth, he said.

Going ahead, we hope that every citizen of the country is well aware of GST before its implementation, added Mr. Jiwarajka.

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Planters Polysack to consider Q3 and 9M results
Feb 02,2017

Planters Polysack announced that a meeting of Board of Directors is scheduled to be held on 10 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter and Nine Months ended 31 December 2016.

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Hero MotoCorp declines after reporting drop in sales in January
Feb 02,2017

The announcement was made after market hours yesterday, 1 February 2017.

Meanwhile, the BSE Sensex was down 13.47 points, or 0.05% to 28,128.17.

On the BSE, so far 4,059 shares were traded in the counter, compared with average daily volumes of 47,000 shares in the past two weeks. The stock had hit a high of Rs 3,291.55 and a low of Rs 3,236.55 so far during the day.

Hero MotoCorp said that sales for the month of January 2017, showed substantial improvement from the December 2016 sales. There is a positive change in the market sentiments, which is reflected in the improved offtake, and the company expects industry sales to gradually return towards normalcy.

The companys sales had fallen 33.91% to 3.3 lakh units in December 2016 over December 2015.

Net profit of Hero MotoCorp rose 27.7% to Rs 1004.22 crore on 14.2% rise in net sales to Rs 7669.53 crore in Q2 September 2016 over Q2 September 2015.

Hero MotoCorp is the worlds largest two-wheeler manufacturer in terms of production capacity.

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Board of Haria Exports to consider Q3 results
Feb 02,2017

Haria Exports announced that a meeting of the Board of Directors of the Company will be held on 14 February 2017, to take on record the Unaudited Financial Results for the 3rd Quarter ended 31 December 2016.

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Board of Transchem considers cessation of director
Feb 02,2017

Transchem announced that the Board of Directors of the Company at its meeting held on 31 January 2017, has taken on record cessation of Vinayak G. Vengurlekar from the office of Director of the Company.

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Tata Motors may decline after registering drop in sales in January
Feb 02,2017

Tata Motors passenger and commercial vehicle total sales fell 1% to 46,349 vehicles in January 2017 over January 2016. The companys domestic sales of Tata commercial and passenger vehicles registered flat growth at 41,428 units in January 2017 over January 2016. The announcement was made after market hours yesterday, 1 February 2017.

Tata Motors passenger vehicles, in the domestic market, recorded 21% rise in sales at 12,907 units in January 2017 over January 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa. The overall commercial vehicles sales in January 2017, in the domestic market were at 28,521 units, lower by 7% over January 2016.

The construct segment continued to grow strongly by 26.5% Y-o-Y, as road construction continues to drive demand, along with coal & iron ore mining also gaining momentum. IM&HCV Bus sales grew by 12%. The M&HCV segment is witnessing a surge in enquiry levels, after a weak Q3. The companys sales from exports was fell 13% at 4,921 units in January 2017 over January 2016.

Hero MotoCorps sales fell 13.53% to 4.87 lakh units in January 2017 over January 2016. The announcement was made after market hours yesterday, 1 February 2017. There is a positive change in the market sentiments, which is reflected in the improved offtake, and the company expects industry sales to gradually return towards normalcy.

Mahindra & Mahindra (M&M)s total tractor sales rose 6% to 15,909 units in January 2017 over January 2016. Domestic sales rose 3% to 14,776 units in January 2017 over January 2016. Exports jumped 71% to 1,133 units January 2017 over January 2016. The announcement was made after market hours yesterday, 1 February 2017.

M&Ms total sales fell 10% to 39,303 units in January 2017 over January 2016. Domestic sales declined 9% to 37,042 units in January 2017 over January 2016. Exports dropped 27% to 2,261 units January 2017 over January 2016.

Wipro announced that it has joined the Industrial Internet Consortium (IIC), the global, member-supported organization that promotes the accelerated growth of the Industrial Internet of Things (IIoT). This membership provides Wipro opportunities to engage and innovate with multi-partner testbeds and adopt best practices to drive digital transformation for customers. The announcement was made after market hours yesterday, 1 February 2017.

The Industrial Internet Consortium coordinates ecosystem initiatives to securely connect, control and integrate assets and systems of assets with people, processes and data. It uses common architectures, interoperability and open standards to deliver transformational business and societal outcomes across industries and public infrastructure.

Coal India said that production of the company and its subsidiaries was 92% of targeted production at 55.99 million tonnes in January 2017. The offtake was 92% of targeted offtake at 51.35 million tonnes in January 2017. The announcement was made before market hours today, 2 February 2017.

SML Isuzus sales rose 19.6% to 1,002 units in January 2017 over January 2016. The announcement was made after market hours yesterday, 1 February 2017.

Dishman Pharmaceuticals and Chemicals announced that the company has received the Establishment Inspection Report (EIR) from the USFDA for Bavla facility on 1 February 2017. Bavla facility was successfully inspected by the USFDA in July, 2016, which was intimated to the stock exchanges on 9 July 2016. Thus, the companys facilities in Bavla, Naroda and Switzerland continue to be approved by the USFDA. The announcement was made before market hours today, 2 February 2017.

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Reliance Power to announce Q3 and 9M results
Feb 01,2017

Reliance Power announced that a meeting of the Board of Directors of the Company will be held on 08 February 2017, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the third quarter and nine months ended 31 December 2016 (Q3) of the Financial Year 2016-17.

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Era Infra Engineering to consider December quarter results
Feb 01,2017

Era Infra Engineering announced that a meeting of the Board of Directors of the Company is scheduled to be held on 09 February 2017, inter alia, to consider, approve the Un-Audited Quarterly Financial Results for the quarter ended on 31 December 2016.

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