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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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Cupid standalone net profit rises 13.05% in the June 2017 quarter
Jul 21,2017

Net profit of Cupid rose 13.05% to Rs 4.33 crore in the quarter ended June 2017 as against Rs 3.83 crore during the previous quarter ended June 2016. Sales rose 19.62% to Rs 18.96 crore in the quarter ended June 2017 as against Rs 15.85 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales18.9615.85 20 OPM %38.9241.07 - PBDT7.306.49 12 PBT6.786.00 13 NP4.333.83 13

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Apollo Finvest (India) reports standalone net loss of Rs 0.03 crore in the June 2017 quarter
Jul 21,2017

Net loss of Apollo Finvest (India) reported to Rs 0.03 crore in the quarter ended June 2017 as against net profit of Rs 0.23 crore during the previous quarter ended June 2016. Sales declined 63.27% to Rs 0.18 crore in the quarter ended June 2017 as against Rs 0.49 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.180.49 -63 OPM %-22.2253.06 - PBDT-0.020.28 PL PBT-0.040.27 PL NP-0.030.23 PL

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Wipro consolidated net profit rises 1.15% in the June 2017 quarter
Jul 21,2017

Net profit of Wipro rose 1.15% to Rs 2082.60 crore in the quarter ended June 2017 as against Rs 2059.00 crore during the previous quarter ended June 2016. Sales rose 0.20% to Rs 13626.10 crore in the quarter ended June 2017 as against Rs 13599.20 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales13626.1013599.20 0 OPM %19.5819.51 - PBDT3176.103137.50 1 PBT2682.002671.10 0 NP2082.602059.00 1

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Reliance Industries consolidated net profit rises 28.29% in the June 2017 quarter
Jul 21,2017

Net profit of Reliance Industries rose 28.29% to Rs 9079.00 crore in the quarter ended June 2017 as against Rs 7077.00 crore during the previous quarter ended June 2016. Sales rose 28.44% to Rs 83471.00 crore in the quarter ended June 2017 as against Rs 64990.00 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales83471.0064990.00 28 OPM %15.0417.25 - PBDT13573.0012383.00 10 PBT10536.009658.00 9 NP9079.007077.00 28

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Reliance Industries standalone net profit rises 8.59% in the June 2017 quarter
Jul 21,2017

Net profit of Reliance Industries rose 8.59% to Rs 8196.00 crore in the quarter ended June 2017 as against Rs 7548.00 crore during the previous quarter ended June 2016. Sales rose 20.04% to Rs 64217.00 crore in the quarter ended June 2017 as against Rs 53496.00 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales64217.0053496.00 20 OPM %18.0520.22 - PBDT12719.0011926.00 7 PBT10561.009976.00 6 NP8196.007548.00 9

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Blue Circle Services cancels record date for consolidation of equity shares
Jul 21,2017

Blue Circle Services has cancelled the record date of 28 July 2017 for consolidation of face value of equity shares.

As per Section 61 of Companies Act, 2013, Company needs to obtain NCLT Order for consolidation in face value of Shares. The Company has approached to NCLT for obtaining requisite order but have been informed that the process will take between 21 days to 60 days to study and hear the case and then to issue order. Thus, in view of more time to be taken by NCLT to issue Order, the Company has cancelled the record date for consolidation of equity shares.

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Bayer CropScience fixes record date for buyback of shares
Jul 21,2017

Bayer CropScience has fixed 08 August 2017 as record date for buyback of shares.

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Tinplate surges after stellar Q1 earnings
Jul 21,2017

The result was announced during market hours today, 21 July 2017.

Meanwhile, the S&P BSE Sensex was up 113.75 points or 0.36% at 32,018.15. The S&P BSE Small-Cap index rose 5.66 points or 0.04% at 16,005.54.

On the BSE, 19.96 lakh shares were traded on the counter so far as against the average daily volumes of 3.42 lakh shares in the past one quarter. The stock had hit a high of Rs 149.90 so far during the day, which is a 52-week high. The stock hit a low of Rs 136.70 so far during the day. The stock had hit a 52-week low of Rs 64 on 9 November 2016.

The stock had outperformed the market over the past one month till 20 July 2017, advancing 49.06% compared with the Sensexs 1.94% rise. The stock had also outperformed the market over the past one quarter, gaining 58.91% as against the Sensexs 8.44% rise. The scrip had also outperformed the market over the past one year, advancing 41.22% as against the Sensexs 14.29% rise.

The small-cap company has equity capital of Rs 104.67 crore. Face value per share is Rs 10.

Tinplate Company of India is one of the leading indigenous producers of tin coated and tin free steel sheets in India.

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Global Infratech & Finance announces change in directorate
Jul 21,2017

Global Infratech & Finance announced the following change in directorate at board meeting held on 21 July 2017 -

Appointment of Pradeep Bissa (DIN:07361524) as an Additional cum Managing Director of the Company w.e.f. 21 July 2017

Appointment of Sarita Pradeep Bissa (DIN:07361557), as an Additional cum Non-Executive Director of the Company w.e.f. 21 July 2017

Resignation of Aallan Paul (DIN: 06639742), Executive Director of the Company w.e.f the closing hours of 21 July 2017

Resignation of Aliyar Riya (DIN: 07027295), Non- Executive Director of the Company w.e.f the closing hours of 21 July 2017.

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Outcome of board meeting of Dewan Housing Finance Corporation
Jul 21,2017

Dewan Housing Finance Corporation announced that the Board of Directors at its meeting held on 21 July 2017 approved issuance of the following securities from time to time depending upon the prevailing market conditions and business requirements of the Company, which shall be in line with the Companys Policy for Private Placement of Non-Convertible Debentures:

a. Non-Convertible Secured/Unsecured Debentures, upto an amount of Rs.7,500 crore,
b. Non-Convertible Subordinated Unsecured Debentures, upto an amount of Rs. 500 crore,

c. Non-Convertible Perpetual Unsecured Debentures, upto an amount of Rs. 500 crore.

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Rallis India drops after weak Q1 results
Jul 21,2017

The announcement was made after market hours yesterday, 20 July 2017.

Meanwhile, the S&P BSE Sensex was up 117.04 points or 0.37% at 32,021.44. The S&P BSE Mid-Cap index was up 9.67 points or 0.06% at 15,188.94.

On the BSE, 26,657 shares were traded in the counter so far as against average daily volume of 34,892 shares in the past one quarter. The stock had hit a high of Rs 241.80 and a low of Rs 236 so far during the day. The stock had hit a 52-week high of Rs 264.60 on 31 March 2017. The stock had hit a 52-week low of Rs 180.25 on 22 November 2016.

The stock had underperformed the market over the past one month till 20 July 2017, declining 0.47% compared with Sensexs 1.94% rise. The scrip had also underperformed the market in past one quarter, declining 5.12% as against Sensexs 8.44% rise. The scrip had, however, outperformed the market in past one year, jumping 15.54% as against Sensexs 14.29% rise.

The mid-cap company has equity capital of Rs 19.45 crore. Face value per share is Re 1.

ln the crop protection segment the company has witnessed destocking by dealers ahead of GST implementation and down trading by framers. Consequently placement was muted during Q1 compared to the regular scale, which has since picked up in July 2017.

The board approved the divestment of its entire shares comprising 1.82 crore share or 13.68% in Advinus Therapeutics to Eurofins Pharma Services Lux Holdings SARL for Rs 17.32 crore.

The board also approved the scheme of amalgamation for the merger of Zero Waste Agro-Organics Limited, wholly owned subsidiary of the company, with the company, subject to such approvals as may be required.

Zero Waste Agro-Organics is engaged in the business of manufacture of scientifically enriched organic compost. The scheme will help in achieving cost effectiveness, operational and management efficiency.

Rallis India is one of Indias leading agrochemicals companies.

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Atul slips after weak Q1 numbers
Jul 21,2017

The result was announced during market hours today, 21 July 2017.

Meanwhile, the S&P BSE Sensex was up 22.70 points, or 0.07% at 31,927.10. The S&P BSE Mid-Cap index was down 15.06 points, or 0.1% at 15,164.21.

On the BSE, 6,450 shares were traded on the counter so far as against the average daily volumes of 8,419 shares in the past one quarter. The stock had hit a high of Rs 2,408.55 and a low of Rs 2,275 so far during the day. The stock had hit a record high of Rs 2,588 on 16 May 2017 and a 52-week low of Rs 1,885 on 10 August 2016.

The stock had underperformed the market over the past one month till 20 July 2017, declining 3.41% compared with the Sensexs 1.94% rise. The scrip had also underperformed the market over the past one quarter sliding 1.52% as against the Sensexs 8.44% rise. The scrip had also underperformed the market over the past one year advancing 11.14% as against the Sensexs 14.29% rise.

The mid-cap company has equity capital of Rs 29.66 crore. Face value per share is Rs 10.

Atul is an integrated chemical company. The company operates through two segments: life science chemicals, and performance and other chemicals.

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RIL strengthens after board recommends 1:1 bonus issue
Jul 21,2017

The announcement was made during market hours today, 21 July 2017.

Meanwhile, the S&P BSE Sensex was up 14.40 points or 0.05% at 31,918.80.

High volumes were witnessed on the counter. On the BSE, 15.41 lakh shares were traded on the counter so far as against the average daily volumes of 3.94 lakh shares in the past one quarter. The stock had hit a high of Rs 1,588.20 in intraday trade, which is also a 52-week high for the stock. The stock had hit a low of Rs 1,544.40 so far during the day. The stock had hit a 52-week low of Rs 932 on 9 November 2016.

The stock had outperformed the market over the past one month till 20 July 2017, gaining 8.25% compared with Sensexs 1.94% rise. The scrip had also outperformed the market in past one quarter, rising 11.63% as against Sensexs 8.44% rise. The scrip had also outperformed the market in past one year, jumping 49.5% as against Sensexs 14.29% rise.

The large-cap company has equity capital of Rs 3251.74 crore. Face value per share is Rs 10.

Reliance Industries (RIL) consolidated net profit rose 28% to Rs 9108 crore on 26.7% rise in revenue to Rs 90537 crore in Q1 June 2017 over Q1 June 2016. The announcement was made after market hours yesterday, 20 July 2017.

Reliance Industries (RIL) increase in revenue is primarily on account of increase in prices and volumes of refining and petrochemical products partially offset by lower prices and volumes from exploration and production (E&P) business. Revenue was also boosted by robust growth in retail business which recorded a 73.6% increase in revenue to Rs 11571 crore. Reliance Retail witnessed growth across all consumption baskets during the quarter.

Strong refining and petrochemicals margin environment contributed to higher operating profits for the quarter. Gross refining margins recorded nine-year-high of $ 11.9 per bbl whereas petrochemicals EBIT (earnings before interest and depreciation) margin were at all-time high of 15.8%. Gross refining margin rose to $11.9 per barrel in Q1 June 2017 from $11.5 per barrel in Q1 June 2016.

Meanwhile, the board of directors of RIL considered and approved an investment in Balaji Telefilms (BTL), to acquire 2.52 crore equity shares constituting 24.92% of BTLs equity, through subscription to preferential issue of shares by BTL to RIL for cash consideration of Rs 164 per equity share amounting to an investment of Rs 413.28 crore. This investment in content production (including digital content) is in line with RILs commitment to invest and grow in telecom digital and media businesses.

BTL has launched a new digital platform, ALTBalaji (ALT), in April 2017, which has garnered over 3 million downloads and subscribers from over 75 countries since its launch. The transaction is subject to BTLs shareholder approval and regulatory compliances and other conditions precedent and is expected to be completed in 45 to 60 days.

Shares of Balaji Telefilms gained 1.02% to Rs 188.55.

The RILs board has also approved to set up and invest in a technology incubator by the name Jerusalem Innovation Incubator (JII), licensed by Israel Innovation Authority (IIA), Ministry of Economy, Israel, under competitive bidding process.

The investment in JII shall be done in partnership with OurCrowd, Motorola Solutions and Yissum. JII will be in the form of limited liability partnership with RIL holding 20% interest. OurCrowd will hold 60%, Motorola 20% and Yissum.

RIL proposes to invest upto $25 million in JII and in frontier technology start-ups in tranches, over a period of about 8 years.

RIL is Indias largest private sector company. RILs activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications.

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Dena Bank to hold board meeting
Jul 21,2017

Dena Bank will hold a meeting of the Board of Directors of the Company on 29 July 2017, to consider and approve, inter-alia, the Unaudited Financial Results for the quarter ended June 30, 2017.

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Grovy India to declare Quarterly Result
Jul 21,2017

Grovy India will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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