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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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Bata India standalone net profit declines 36.37% in the September 2016 quarter
Nov 25,2016

Net profit of Bata India declined 36.37% to Rs 34.59 crore in the quarter ended September 2016 as against Rs 54.36 crore during the previous quarter ended September 2015. Sales rose 1.55% to Rs 583.43 crore in the quarter ended September 2016 as against Rs 574.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales583.43574.53 2 OPM %9.178.37 - PBDT66.3157.22 16 PBT50.3538.02 32 NP34.5954.36 -36

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Opto Circuits (India) reports consolidated net loss of Rs 258.72 crore in the September 2016 quarter
Nov 25,2016

Net loss of Opto Circuits (India) reported to Rs 258.72 crore in the quarter ended September 2016 as against net profit of Rs 62.14 crore during the previous quarter ended September 2015. Sales declined 40.24% to Rs 46.67 crore in the quarter ended September 2016 as against Rs 78.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales46.6778.10 -40 OPM %-361.1740.19 - PBDT-176.6531.70 PL PBT-181.7224.33 PL NP-258.7262.14 PL

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Opto Circuits (India) reports standalone net loss of Rs 247.48 crore in the September 2016 quarter
Nov 25,2016

Net Loss of Opto Circuits (India) reported to Rs 247.48 crore in the quarter ended September 2016 as against net loss of Rs 4.20 crore during the previous quarter ended September 2015. Sales declined 29.30% to Rs 14.38 crore in the quarter ended September 2016 as against Rs 20.34 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.3820.34 -29 OPM %-1155.6351.97 - PBDT-168.56-1.58 -10568 PBT-170.86-3.94 -4237 NP-247.48-4.20 -5792

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Flex Foods standalone net profit declines 0.83% in the September 2016 quarter
Nov 25,2016

Net profit of Flex Foods declined 0.83% to Rs 1.19 crore in the quarter ended September 2016 as against Rs 1.20 crore during the previous quarter ended September 2015. Sales rose 9.57% to Rs 20.72 crore in the quarter ended September 2016 as against Rs 18.91 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales20.7218.91 10 OPM %16.2617.50 - PBDT2.643.03 -13 PBT1.422.00 -29 NP1.191.20 -1

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Escorts Finance reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 25,2016

Net loss of Escorts Finance reported to Rs 0.02 crore in the quarter ended September 2016 as against net profit of Rs 0.24 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Jindal Poly Films consolidated net profit declines 22.83% in the September 2016 quarter
Nov 25,2016

Net profit of Jindal Poly Films declined 22.83% to Rs 77.10 crore in the quarter ended September 2016 as against Rs 99.91 crore during the previous quarter ended September 2015. Sales declined 0.05% to Rs 1842.13 crore in the quarter ended September 2016 as against Rs 1842.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1842.131842.99 0 OPM %8.8613.28 - PBDT172.32217.48 -21 PBT103.83154.05 -33 NP77.1099.91 -23

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Aegis Logistics consolidated net profit rises 1.32% in the September 2016 quarter
Nov 25,2016

Net profit of Aegis Logistics rose 1.32% to Rs 26.96 crore in the quarter ended September 2016 as against Rs 26.61 crore during the previous quarter ended September 2015. Sales rose 36.57% to Rs 675.34 crore in the quarter ended September 2016 as against Rs 494.49 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales675.34494.49 37 OPM %7.029.35 - PBDT44.6744.03 1 PBT38.5038.22 1 NP26.9626.61 1

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M3 Global Finance reports standalone nil net profit/loss in the September 2016 quarter
Nov 25,2016

M3 Global Finance reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. Sales remain constant at Rs 0.02 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.020.02 0 OPM %00 - PBDT00 0 PBT00 0 NP00 0

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Jindal Poly Films standalone net profit declines 4.72% in the September 2016 quarter
Nov 25,2016

Net profit of Jindal Poly Films declined 4.72% to Rs 40.14 crore in the quarter ended September 2016 as against Rs 42.13 crore during the previous quarter ended September 2015. Sales declined 5.12% to Rs 617.74 crore in the quarter ended September 2016 as against Rs 651.07 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales617.74651.07 -5 OPM %8.4212.64 - PBDT67.5977.56 -13 PBT49.1463.83 -23 NP40.1442.13 -5

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Sinnar Bidi Udyog reports consolidated net loss of Rs 0.01 crore in the September 2016 quarter
Nov 25,2016

Net loss of Sinnar Bidi Udyog reported to Rs 0.01 crore in the quarter ended September 2016 as against net profit of Rs 0.20 crore during the previous quarter ended September 2015. Sales declined 22.14% to Rs 2.11 crore in the quarter ended September 2016 as against Rs 2.71 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.112.71 -22 OPM %4.7413.28 - PBDT-0.010.23 PL PBT-0.020.22 PL NP-0.010.20 PL

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Suven Life Sciences standalone net profit rises 5.23% in the September 2016 quarter
Nov 25,2016

Net profit of Suven Life Sciences rose 5.23% to Rs 26.56 crore in the quarter ended September 2016 as against Rs 25.24 crore during the previous quarter ended September 2015. Sales declined 1.18% to Rs 115.55 crore in the quarter ended September 2016 as against Rs 116.93 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales115.55116.93 -1 OPM %31.9226.70 - PBDT42.4035.73 19 PBT37.8531.23 21 NP26.5625.24 5

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Bata India gains after Q2 results
Nov 25,2016

The result was announced during trading hours today, 25 November 2016.

Meanwhile, the BSE Sensex was up 381.93 points, or 1.48%, to 26,242.10.

On BSE, so far 1.30 lakh shares were traded in the counter, compared with average daily volume of 44,914 shares in the past one quarter. The stock hit a high of Rs 418.35 and a low of Rs 400 so far during the day. The stock hit a 52-week high of Rs 613.55 on 1 August 2016. The stock hit a 52-week low of Rs 400 on 25 November 2016. The stock had underperformed the market over the past 30 days till 24 November 2016, falling 16% compared with the 7.10% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 24.59% as against Sensexs 6.92% decline.

The mid-cap company has equity capital of Rs 64.26 crore. Face value per share is Rs 5.

Bata Indias net profit fell 36.36% to Rs 34.59 crore on 2.29% increase in total income to Rs 597.81 crore in Q2 September 2016 over Q2 September 2015.

The quarter saw the company strengthening its mens contemporary range with the launch of Bata European collection, an entry in the womens festive segment and expansion of omni-channel presence across stores, the company said in a statement.

Bata India is the largest footwear retailer in India, offering footwear, accessories and bags across brands like Bata, Hush Puppies, Naturalizer, Power, Marie Claire, Weinbrenner, North Star, Scholl, Bata Comfit and Bubblegummers to name a few. It retails in over 1,265 Bata stores, on bata.in and in thousands of multi-brand footwear dealer stores pan-India.

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NITI Aayog leads initiative to convert 100% Government - Citizen Transactions to the digital platform
Nov 25,2016

In a transformative attempt to weed out black money and corruption from public life, the Government of India has constituted a Committee of Officers to enable 100 per cent conversion of Government - Citizen Transactions to the digital platform.

The Committee, under the leadership of NITI Aayog CEO Mr. Amitabh Kant, will identify and operationalize in the earliest possible time frame user-friendly digital payment options in all sectors of the economy. This is integral part of the Governments strategy to transform India into a cashless economy.

The aim of the committee is to identify various digital payment systems appropriate to different sectors of the economy and coordinate efforts to make them accessible and user-friendly. The committee will also identify and access infrastructural and bottlenecks affecting the access and utility of digital payment options.

To achieve expeditious movement into the cashless, digital payments economy across all States and sectors, it will engage regularly with Central Ministries, regulators, State governments, district administration, local bodies, trade and industry associations etc. to promote rapid adoption of digital payment systems. The attempt is to establish and monitor an implementation framework with strict timelines to ensure that nearly 80 per cent of the transaction in India moves to the digital-only platform. The committee will also attempt to estimate costs involved in various digital payments options and oversee implementation of measures to make such transaction between Government and Citizens cheaper than cash transaction.

The Committee led by NITI Aayog will also implement an action plan on advocacy, awareness and handholding efforts among public, micro enterprises and other stakeholders. That apart, it will organize training and capacity building of various states/UTs, Ministries/Departments of the Government of India, representatives of States/UTs, Trade and Industry Bodies as well as other stakeholders.

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Amtek Auto leads gainers in A group
Nov 25,2016

Amtek Auto jumped 11.35% to Rs 75.90 at 14:45 IST. The stock topped the gainers in the BSEs A group. On BSE, so far 12.14 lakh shares were traded in the counter as against average daily volume of 4.10 lakh shares in the past two weeks.

PI Industries galloped 9.63% to Rs 890. The stock was second biggest gainer in A group. On BSE, so far 33,000 shares were traded in the counter as against average daily volume of 21,000 shares in the past two weeks.

Tata Elxsi spurted 8.51% to Rs 1,255.30. The stock was third biggest gainer in A group. On BSE, so far 2.87 lakh shares were traded in the counter as against average daily volume of 82,000 shares in the past two weeks.

Unitech gained 7.91% to Rs 4.91. The stock was fourth biggest gainer in A group. On BSE, so far 27.22 lakh shares were traded in the counter as against average daily volume of 28.68 lakh shares in the past two weeks.

Hexaware Technologies rose 7.27% to Rs 204.30. The stock was fifth biggest gainer in A group. On BSE, so far 2.16 lakh shares were traded in the counter as against average daily volume of 74,000 shares in the past two weeks.

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Volumes jump at Indoco Remedies counter
Nov 25,2016

Indoco Remedies clocked volume of 2.02 lakh shares by 14:21 IST on BSE, a 54.22-times surge over two-week average daily volume of 4,000 shares. The stock fell 1.07% to Rs 272.25.

IIFL Holdings notched up volume of 10.19 lakh shares, a 49.97-fold surge over two-week average daily volume of 20,000 shares. The stock rose 5.77% to Rs 272.

AIA Engineering saw volume of 2.02 lakh shares, a 37.54-fold surge over two-week average daily volume of 5,000 shares. The stock rose 4.25% to Rs 1,264.

GlaxoSmithkline Consumer Healthcare clocked volume of 24,000 shares, a 30.84-fold surge over two-week average daily volume of 1,000 shares. The stock fell 1.38% to Rs 5,014.10.

Vinati Organics saw volume of 1.26 lakh shares, a 30.39-fold rise over two-week average daily volume of 4,000 shares. The stock rose 2.67% to Rs 558.90.

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