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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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Abhinav Leasing & Finance to conduct board meeting
Aug 09,2017

Abhinav Leasing & Finance will hold a meeting of the Board of Directors of the Company on 12 August 2017, to adopt the Unaudited Financial Results for the quarter ended 30th June, 2017.

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Megri Soft to conduct board meeting
Aug 09,2017

Megri Soft will hold a meeting of the Board of Directors of the Company on 12 August 2017, to consider, approve/take on record the un-audited financial results of the Company for the Quarter/three months ended June 30, 2017.

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Jayatma Spinners announces board meeting date
Aug 09,2017

Jayatma Spinners will hold a meeting of the Board of Directors of the Company on 14 August 2017, to consider and approve the Un-Audited Financial Results of the Company for the quarter ended 30th June, 2017.

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Board of Smiths & Founders (India) does not recommend dividend
Aug 09,2017

The Board of Smiths & Founders (India) at its meeting held on 09 August 2017 have not recommended dividend for year ended 31 March 2017.

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Board of NHPC approves bond issue of Rs 494 crore
Aug 09,2017

The Board of NHPC at its meeting held on 09 August 2017 has considered and approved the proposal to raise Rs 494 crore through issuance of W Series Corporate Bonds on private placement basis. The proposed issue out of Rs 4500 crore was already approved by shareholders in AGM held on 22 September 2016.

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Balkrishna Paper Mills allots preference shares to Siyarams Silk Mills
Aug 09,2017

Balkrishna Paper Mills announced that the Allotment Committee of Board of Directors of the Company in their meeting held on 9 August, 2017 have allotted 25,00,000 - 9% Cumulative Redeemable Preference Shares of Rs. 100 each for cash at par on Private Placement basis to Siyarams Silk Mills.

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Outcome of board meeting of B.L.Kashyap & Sons
Aug 09,2017

The Board of B.L.Kashyap & Sons at its meeting held on 09 August 2017 has allotted 2 crore convertible warrants on preferential basis. The Board appointed Vivek Talwar as Additional Director of the Company with effect from 09 August 2017. The AGM is scheduled to be held on 29 September 2017.

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Satra Properties (India) fixes record date for payment of dividend
Aug 09,2017

Satra Properties (India) has fixed 21 September 2017 as record date for dividend. The dividend will be paid on or after 04 October 2017, if approved.

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Kothari Products slides after disappointing Q1 earnings
Aug 09,2017

The result was announced during market hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 189.73 points or 0.59% at 31,824.46.

On the BSE, 7,147 shares were traded on the counter so far as against the average daily volumes of 4,270 shares in the past one quarter. The stock had hit a high of Rs 191 and a low of Rs 180.05 so far during the day. The stock had hit a 52-week high of Rs 235.30 on 26 October 2016 and a 52-week low of Rs 152 on 9 November 2016.

The stock had underperformed the market over the past one month till 8 August 2017, sliding 2.54% compared with the Sensexs 2.08% rise. The stock had also underperformed the market over the past one quarter, declining 4.35% as against the Sensexs 6.98% rise. The scrip had, however, outperformed the market over the past one year, advancing 18.48% as against the Sensexs 13.6% rise.

The small-cap company has equity capital of Rs 29.84 crore. Face value per share is Rs 10.

Kothari Products is a flagship company of Kothari Group. It has presence in real estate, investments and international trading of exports & imports.

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Insecticides (India) spurts after strong Q1 results
Aug 09,2017

The result was announced during trading hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 119.85 points, or 0.37% to 31,894.34.

On the BSE, 58,000 shares were traded in the counter so far, compared with average daily volumes of 16,407 shares in the past one quarter. The stock had hit a high of Rs 817.20 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 711 so far during the day. The stock hit a 52-week low of Rs 437.45 on 22 November 2016.

The stock had outperformed the market over the past one month till 8 August 2017, rising 7.76% compared with 0.94% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 8.30% as against Sensexs 5.84% rise. The scrip had also outperformed the market in past one year, rising 54.94% as against Sensexs 13.99% rise.

The small-cap company has equity capital of Rs 20.67 crore. Face value per share is Rs 10.

Insecticides (India) manufactures all types of insecticides, weedicides, fungicides and plant growth regulators (PGRs) for all types of crops and household.

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State wise Target set for 100 million Artificial Insemination for 2017-18
Aug 09,2017

India ranks first in milk production, achieving an annual output of 155.48 million tons during 2015-16 accounting for 19 % of world production. Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture and Farmers Welfare has set target for 100 million Artificial Insemination for 2017-18. A National goal of 300 million ton milk production by 2023-24 has been kept along with increasing the productivity of 40.77 million breedable Indigenous non-descript cows from 2.15 Kg per day to 5.00 Kg per day during the same period.

India has a bovine population of 300 million as per 19th Livestock census 2012. Out of 190 million cattle population, 20% are exotic and crossbreds (39 million) and about 80% belonging to indigenous and Non-descript breeds. While India accounts for more than 18% of the world population, the normal Indian cow with the poor farmer barely gives 1 to 2 litres per day. Thus 80% of the cow population gives only 20% of cow milk.

Though India maintains its top ranking in milk production, on the flip side, about 80% Cattle belonging to Indigenous and Non-descript breeds are low yielders whose productivity needs to be improved by adopting appropriate breeding techniques.

Key strategy for increasing productivity is through ensuring Artificial Insemination (A.I.). A.I plays a vital role in improving the productivity of Bovines by upgrading their genetic potential thereby enhancing the milk production and productivity in the country. This core activity is fortified through the ongoing flag ship schemes, National Programme for Bovine Breeding (NPBB) and Indigenous Breeds (IB) under the Umbrella scheme Rashtriya Gokul Mission (RGM) . These programmes envisage twin benefits namely (i) To improve the productivity and enhance milk production and (ii) To increase farmers income that will facilitate the Governments ambitious goal of doubling their income by 2020.

Though the breeding infra structure has been strengthened substantially for the delivery of breeding inputs at farmers doorstep under these schemes, the A.I. coverage is still 26% of the breedable population.

As per 2015-16 data made available by the States, an Artificial Insemination worker merely performs 1.92 A.I per day as against the required average of atleast 4 A.I. per day. Further 3 semen doses are used for achieving one successful conception. Thus there is wastage of high quality semen due to usage of 3 semen doses for each successful A.I. This poor situation is further aggravated by usage of Indigenous bull semen being merely 11% of total A.I coverage.

To facilitate the governments ambitious goal of doubling farmers income by 2020, a State Wise target of 100 million Artificial Insemination has been shared for 2017-18. Directions have been given to States by Department of Animal Husbandry, Dairying and Fisheries (DADF) in this regard.

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Bayer CropScience slips after weak Q1 results
Aug 09,2017

The result was announced during trading hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 96.46 points, or 0.30% to 31,917.73.

On the BSE, 353 shares were traded in the counter so far, compared with average daily volumes of 1,318 shares in the past one quarter. The stock had hit a high of Rs 4,411.65 and a low of Rs 4,305 so far during the day. The stock hit a record high of Rs 5,050 on 2 June 2017. The stock hit a 52-week low of Rs 3,680.15 on 21 November 2016.

The stock had underperformed the market over the past one month till 8 August 2017, falling 3.97% compared with 0.94% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.65% as against Sensexs 5.84% rise. The scrip had outperformed the market in past one year, rising 9.72% as against Sensexs 13.99% rise.

The large-cap company has equity capital of Rs 35.35 crore. Face value per share is Rs 10.

Bayer CropScience has presence in seeds, crop protection and non-agricultural pest control.

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Apar Industries declines after weak Q1 earnings
Aug 09,2017

The result was announced during market hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 150.41 points, or 0.47% at 31,863.78. The S&P BSE Small-Cap index was down 199.04 points, 1.25% at 15,705.

On the BSE, 6,969 shares were traded on the counter so far as against the average daily volumes of 6,618 shares in the past one quarter. The stock had hit a high of Rs 768.15 and a low of Rs 743.45 so far during the day. The stock had hit a record high of Rs 909 on 31 May 2017 and a 52-week low of Rs 510 on 29 September 2016.

The stock had underperformed the market over the past one month till 8 Aug 2017, declining 3.43% compared with the Sensexs 2.08% rise. The scrip had also underperformed the market over the past one quarter declining 3.72% as against the Sensexs 6.98% rise. The scrip had, however, outperformed the market over the past one year advancing 39.67% as against the Sensexs 13.6% rise.

The small-cap company has equity capital of Rs 38.27 crore. Face value per share is Rs 10.

Apar Industries is engaged in the business of manufacture of conductors, transformer, specialty oils and power and telecom cables.

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Strong Q1 numbers generate interest in Bank of India
Aug 09,2017

The result was announced during market hours today, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 105.63 points or 0.33% at 31,908.56.

On the BSE, 12.45 lakh shares were traded on the counter so far as against the average daily volumes of 6.33 lakh shares in the past one quarter. The stock had hit a high of Rs 162.60 and a low of Rs 149 so far during the day. The stock had hit a 52-week high of Rs 197.25 on 5 May 2017 and a 52-week low of Rs 99.80 on 9 November 2016.

The stock had outperformed the market over the past one month till 8 August 2017, advancing 8.03% compared with the Sensexs 2.08% rise. The stock had, however, underperformed the market over the past one quarter, sliding 17.41% as against the Sensexs 6.98% rise. The scrip had outperformed the market over the past one year, advancing 38.69% as against the Sensexs 13.6% rise.

The large-cap state-run bank has equity capital of Rs 1184.55 crore. Face value per share is Rs 10.

Bank of Indias total income rose 4.14% to Rs 11106.61 crore in Q1 June 2017 over Q1 June 2016.

The banks gross non-performing assets (NPAs) stood at Rs 51019.11 crore as on 30 June 2017 as against Rs 52044.52 crore as on 31 March 2017 and Rs 51874.50 crore as on 30 June 2016.

The ratio of gross NPAs to gross advances stood at 13.05% as on 30 June 2017 as against 13.22% as on 31 March 2017 and 13.38% as on 30 June 2016.

The ratio of net NPAs to net advances stood at 6.7% as on 30 June 2017 as against 6.9% as on 31 March 2017 and 7.78% as on 30 June 2016.

The banks provisions and contingencies fell 18.94% to Rs 2245.28 crore in Q1 June 2017 over Q1 June 2016.

The Government of India held 72.52% stake in Bank of India as per the shareholding pattern as on 30 June 2017.

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Board of Western India Cottons appoints MD
Aug 09,2017

The Board of Western India Cottons at its meeting held on 08 August 2017 has approved the appointment of P.K.Shameem as Managing Director for a period of three years w.e.f from 09 August 2017, subject to approval of the members in the 62nd AGM to be held on 26 September 2017.

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