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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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Zydus receives final approval for Telmisartan and Hydrochlorothiazide Tablets
Aug 17,2017

Zydus Cadila has received the final approval from the USFDA to market Telmisartan and Hydrochlorothiazide Tablets USP, in the strengths of 40 mg/12.5 mg, 80mg/12.5 mg and 80mg/25 mg. Telmisartan and Hydrochlorothiazide Tablets are used to treat hypertension (high blood pressure). The drug will be manufactured at the groups formulations manufacturing facility at Moraiya, Ahmedabad.

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Omkar Speciality extends Wednesdays rally
Aug 17,2017

Meanwhile, the S&P BSE Sensex was up 76.46 points, or 0.24% at 31,847.35. The S&P BSE Small-Cap index was up 136.71 points, or 0.88% at 15,748.39.

On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 88,359 shares in the past one quarter. The stock had hit a high of Rs 91.85 and a low of Rs 88.35 so far during the day. The stock had hit a 52-week high of Rs 120.05 on 14 July 2017 and a 52-week low of Rs 63.13 on 9 November 2016.

The stock had underperformed the market over the past one month till 16 Aug 2017, declining 24.21% compared with the Sensexs 0.78% fall. The scrip had also underperformed the market over the past one quarter declining 6.83% as against the Sensexs 3.89% rise. The scrip had, however, outperformed the market over the past one year advancing 17.72% as against the Sensexs 13.21% rise.

The small-cap company has equity capital of Rs 20.58 crore. Face value per share is Rs 10.

Shares of Omkar Speciality Chemicals have rallied 20.93% in the three trading sessions from its close of Rs 75.95 on 11 August 2017, after the company after market hours on Monday, 14 August 2017 reported good Q1 June 2017 results. The stock had surged 9.19% to settle at Rs 87.95 yesterday, 16 August 2017.

Omkar Speciality Chemicalss net profit rose 37.6% to Rs 7.65 crore on 6.7% increase in net sales to Rs 85.95 crore in Q1 June 2017 over Q1 June 2016.

Omkar Speciality Chemicals is primarily engaged in the manufacture and sale of specialty chemicals and intermediates for chemical and allied industries.

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Rubfila International to pay dividend
Aug 17,2017

Rubfila International announced that dividend will be paid on or before 14 October 2017, if approved at the AGM.

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HDFC Bank revises Savings Bank interest rate
Aug 17,2017

HDFC Bank announced a revision in its Savings Bank interest rate effective 19 August 2017.

Post revision, customers maintaining savings bank accountbalance of Rs. 50 lakh and above will continue to earn interest at 4% per annum. Customers maintaining account balance of below Rs. 50 lakh will earn interest at 3.5% per annum. The revised rates will be applicable to both Resident and Non-resident customers.

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Panama Petrochem to hold AGM
Aug 17,2017

Panama Petrochem announced that the Annual General Meeting (AGM) of the company will be held on 18 September 2017.

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AksharChem (India) to hold AGM
Aug 17,2017

AksharChem (India) announced that the Annual General Meeting (AGM) of the company will be held on 14 September 2017.

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Amit Securities to convene AGM
Aug 17,2017

Amit Securities announced that the Annual General Meeting (AGM) of the company will be held on 15 September 2017.

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AK Spintex to conduct AGM
Aug 17,2017

AK Spintex announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2017.

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Total Foodgrains production is estimated at record 275.68 million tonnes
Aug 17,2017

The 4th Advance Estimates of production of major crops for 2016-17 have been released by the Department of Agriculture, Cooperation and Farmers Welfare on 16th August, 2017. The assessment of production of different crops is based on the feedback received from States and validated with information available from other sources. The estimated production of various crops as per the 4th Advance Estimates for 2016-17 vis-n++-vis the comparative estimates for the years 2003-04 onwards (click here).

As per 4th Advance Estimates, the estimated production of major crops during 2016-17 is as under:

n++ Foodgrains - 275.68 million tonnes (record)

n++ Rice - 110.15 million tonnes (record)

n++ Wheat - 98.38 million tonnes (record)

n++ Coarse Cereals - 44.19 million tonnes (record)

n++ Maize - 26.26 million tonnes (record)

n++ Pulses - 22.95 million tonnes (record)

n++ Gram - 9.33 million tonnes

n++ Tur - 4.78 million tonnes (record)

n++ Urad - 2.80 million tonnes (record)

n++ Oilseeds - 32.10 million tonnes

n++ Soyabean - 13.79 million tonnes

n++ Groundnut - 7.56 million tonnes

n++ Rapeseed & Mustard - 7.98 million tonnes

n++ Castorseed - 1.42 million tonnes

n++ Cotton - 33.09 million bales (of 170 kg each)

n++ Sugarcane - 306.72 million tonnes

As a result of very good rainfall during monsoon 2016 and various policy initiatives taken by the Government, the country has witnessed record foodgrain production in the current year. As per Fourth Advance Estimates for 2016-17, total Foodgrain production in the country is estimated at 275.68 million tonnes which is higher by 10.64 million tonnes (4.01%) than the previous record production of Foodgrain of 265.04 million tonnes achieved during 2013-14. The current years production is also higher by 18.67 million tonnes (7.27%) than the previous five years (2011-12 to 2015-16) average production of Foodgrains. The current years production is significantly higher by 24.12 million tonnes (9.59%) than the last years foodgrain production.

Total production of Rice is estimated at record 110.15 million tonnes which is also a new record. This years Rice production is higher by 3.50 million tonnes (3.28%) than previous record production of 106.65 million tonnes achieved during 2013-14. It is also higher by 4.74 million tonnes (4.49%) than the five years average Rice production of 105.42 million tonnes. Production of rice has increased significantly by 5.74 million tonnes (5.50%) than the production of 104.41 million tonnes during 2015-16.

Production of Wheat, estimated at 98.38 million tonnes is also a record. This years wheat production is higher by 2.64% than the previous record production of 95.85 million tonnes achieved during 2013-14. Production of Wheat during 2016-17 is also higher by 5.77 million tonnes (6.23%) than the average wheat production. The current years production is higher by 6.10 million tonnes (6.61%) as compared to Wheat production of 92.29 million tonnes achieved during 2015-16.

Production of Coarse Cereals estimated at a new record level of 44.19 million tonnes is higher than the average production by 2.85 million tonnes (6.88%). It is higher than the previous record production of 43.40 million tonnes achieved during 2010-11 by 0.79 million tonnes (1.82%). Current years production is also higher by 5.67 million tonnes (14.72%) as compared to their production of 38.52 million tonnes achieved during 2015-16.

As a result of significant increase in the area coverage and productivity of all major Pulses, total production of pulses during 2016-17 is estimated at 22.95 million tonnes which is higher by 3.70 million tonnes (19.22%) than the previous record production of 19.25 million tonnes achieved during 2013-14. Production of Pulses during 2016-17 is also higher by 5.32 million tonnes (30.16%) than their Five years average production. Current years production is higher by 6.61 million tonnes (40.41%) than the previous years production of 16.35 million tonnes.

With an increase of 6.85 million tonnes (27.11%) over the previous year, total Oilseeds production in the country is estimated at 32.10 million tonnes. The production of Oilseeds during 2016-17 is also higher by 2.84 million tonnes (9.72%) than the five years average Oilseeds production.

Production of Sugarcane is estimated at 306.72 million tonnes which is lower by 41.73 million tonnes (-11.98%) than the last years production of 348.45 million tonnes.

Despite lower area coverage during 2016-17, higher productivity of Cotton has resulted into higher production of 33.09 million bales (of 170 kg each), i.e. an increase of 10.29%, as compared to 30.01 million bales during 2015-16.

Production of Jute & Mesta estimated at 10.60 million bales (of 180 kg each) is marginally higher (0.73%) than their production of 10.52 million bales during the last year.

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Aadi Industries to conduct AGM
Aug 17,2017

Aadi Industries announced that the Annual General Meeting (AGM) of the company will be held on 23 September 2017.

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Advent Computer Services AGM scheduled
Aug 17,2017

Advent Computer Services announced that the Annual General Meeting (AGM) of the company will be held on 22 September 2017.

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Alfa Ica (India) schedules AGM
Aug 17,2017

Alfa Ica (India) announced that the Annual General Meeting (AGM) of the company will be held on 9 September 2017.

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Abacus Computers to hold AGM
Aug 17,2017

Abacus Computers announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2017.

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KEN Financial Services to declare Quarterly Result
Aug 17,2017

KEN Financial Services will hold a meeting of the Board of Directors of the Company on 21 August 2017.

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Indian Hotels Company attracts investors on fund raising plan
Aug 17,2017

The announcement was made after market hours yesterday, 16 August 2017.

Meanwhile, the S&P BSE Sensex was up 96.64 points, or 0.3%, to 31,867.53.

On the BSE, 25,758 shares were traded in the counter so far, compared with average daily volume of 1.43 lakh shares in the past one quarter. The stock had hit a high of Rs 134.30 and a low of Rs 126.75 so far during the day. The stock had hit a 52-week high of Rs 145.65 on 18 May 2017. The stock had hit a 52-week low of Rs 88.80 on 21 November 2016.

The stock had outperformed the market over the past one month till 16 August 2017, gaining 1.49% compared with the Sensexs 0.78% decline. The stock had, however, underperformed the market over the past one quarter, declining 12.75% as against the Sensexs 3.89% rise. The scrip had also underperformed the market over the past one year, dropping 1.33% as against the Sensexs 13.21% rise.

The large-cap company has an equity capital of Rs 98.93 crore. Face value per share is Re 1.

On a consolidated basis, Indian Hotels Company reported net loss of Rs 24.96 crore in Q1 June 2017 as compared with net loss of Rs 169.45 crore in Q1 June 2016. Net sales fell 4.2% to Rs 907.30 crore in Q1 June 2017 over Q1 June 2016.

Indian Hotels Company and its subsidiaries, collectively known as Taj Group, are engaged in the business of owning, operating & managing hotels, palaces and resorts. The company is a Tata group company.

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