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Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Sep 14,2016

Net profit of Future Enterprises rose 615.37% to Rs 315.48 crore in the quarter ended June 2016 as against Rs 44.10 crore during the previous quarter ended June 2015. Sales declined 67.64% to Rs 921.19 crore in the quarter ended June 2016 as against Rs 2846.84 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales921.192846.84-68
OPM %24.969.91-
PBDT295.07184.1360
PBT142.3249.92185
NP315.4844.10615

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Net 4 India to hold board meeting
Mar 06,2017

Net 4 India will hold a meeting of the Board of Directors of the Company on 14 March 2017.

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Super Crop Safe to hold board meeting
Mar 06,2017

Super Crop Safe will hold a meeting of the Board of Directors of the Company on 15 March 2017, to Appoint Secretarial Auditor of the Company for the year 2016-17.

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Supreme Infrastructure India to hold EGM
Mar 06,2017

Supreme Infrastructure India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2017 .

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Welspun Corp leads gainers in A group
Mar 06,2017

Welspun Corp jumped 5.02% to Rs 87.80 at 14:49 IST. The stock topped the gainers in the BSEs A group. On the BSE, 2.73 lakh shares were traded on the counter so far as against the average daily volumes of 1.74 lakh shares in the past two weeks.

Ashok Leyland surged 3.78% to Rs 90.60. The stock was the second biggest gainer in A group. On the BSE, 9.34 lakh shares were traded on the counter so far as against the average daily volumes of 8.24 lakh shares in the past two weeks.

Reliance Industries gained 3.62% at Rs 1,303.95. The stock was the third biggest gainer in A group. On the BSE, 9.81 lakh shares were traded on the counter so far as against the average daily volumes of 11.59 lakh shares in the past two weeks.

Adani Power advanced 3.51% at Rs 38.35. The stock was the fourth biggest gainer in A group. On the BSE, 5.14 lakh shares were traded on the counter so far as against the average daily volumes of 9.01 lakh shares in the past two weeks.

Housing Development and Infrastructure rose 3.44% to Rs 70.60. The stock was the fifth biggest gainer in A group. On the BSE, 10.30 lakh shares were traded on the counter so far as against the average daily volumes of 13.72 lakh shares in the past two weeks.

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PVR gains after opening 3 screen multiplex in Moradabad
Mar 06,2017

The announcement was made during market hours today, 6 March 2017.

Meanwhile, the S&P BSE Sensex was up 149.95 points, or 0.52%, to 28,982.40.

On the BSE, 10,856 shares were traded in the counter so far, compared with average daily volume of 11,038 shares in the past one quarter. The stock had hit a high of Rs 1,335.90 and a low of Rs 1,310 so far during the day. The stock had hit a record high of Rs 1,489.50 on 18 January 2017. The stock had hit a 52-week low of Rs 697.25 on 16 March 2016.

The stock had underperformed the market over the past one month till 3 March 2017, gaining 0.56% compared with the Sensexs 2.1% rise. The scrip had, however, outperformed the market over the past one quarter, gaining 19.06% as against the Sensexs 9.92% rise.

The mid-cap company has equity capital of Rs 46.74 crore. Face value per share is Rs 10.

PVR said that with the launch, PVR now operates the largest multiplex network with 572 screens at 124 properties in 49 cities pan India. PVR now has 11 properties and 55 screens in UP. The new property is situated across as area of 17,000 square feet with a total seating capacity of 631.

PVRs consolidated net profit fell 20.8% to Rs 23.89 crore on 7.1% rise in net sales to Rs 528.70 crore in Q3 December 2016 over Q3 December 2015.

PVR is the largest and the most premium film and retail entertainment company in India.

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PVR opens 3 screen multiplex at Moradabad, U.P.
Mar 06,2017

PVR is opening a 3 screen multiplex at Prasvnath Mall in Moradabad, Uttar Pradesh. With this launch, PVR now operates 572 screens at 124 properties in 49 cities across India.

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Around 63% women absenteeism due to health problems in metro cities: PHD Chamber Survey
Mar 06,2017

According to a recent survey study by PHD Research Bureau of PHD Chamber of commerce & Industry, a majority of women (70%) work for 8-10 hours in a day travel as large as 30 kilometres and travel for more than an hour to reach their workplace.

In spite of the long hours spent at work and the long travel distance, a positive trend in work satisfaction was seen. About 64% of the women participants stated that they were either completely satisfied or somewhat satisfied with their work, said the survey study.

Around 5000 working and non-working women were surveyed from the metropolitan cities such as Delhi, Mumbai, Bengaluru, Kolkata and Chennai by the Research Bureau of PHD Chamber during January-February 2017 through a structured questionnaire.

Interestingly, the majority of women (84%) reported that they devote 2-4 hours in household work and 49% said that they have domestic help to do household work.

However, little support was seen coming from family members in running household errands with women, reflecting on the fact that the sole responsibility of home management has been always been on the lady of the house.

The survey study is an endeavour to explore and strike a balance between work, life and health status of women in India. It explores the efforts made by the employer to provide a healthy work environment for their female employees.

FACT SHEET

n++63% of women reported absenteeism from work due to health issues

n++41% women reported cold, cough and fever as the main reason for missing work

n++Around 27% women reported aches and pains as the main health concern.

n++52% of women spend less than 10% of their income on health

n++58% women trust private healthcare facilities more than government or local clinics

n++37% women reported a provision of 3-6 months maternity leave

n++Only 27% women reported having a dispensary with lady doctor in their workplace

n++83% of women reported having separate working toilets for then at workplace

n++69% women also had the provision of paid sick leaves at workplace

n++84% women devoted 2-4 hours for household work

n++49% reported having a domestic help for household work

n++Only 2% women reported that they had facility of crn++che in their offices

n++Only 7% working women have work from home facility

Source: PHD research Bureau, PHD Chamber of Commerce and Industry The results of the analysis have been divided into three basic categories; Work Life Balance, Health Concerns, and Workplace Health Provisions. The findings elucidate that a majority 63% women reported missing work (absenteeism) due to health issues. As many as 41% of women have reported cold, cough and fever as the main health reason for missing work. An equally interesting trend is the high percent of aches and pains (27%) especially back pain and headache which has also been reported widely in the survey. An analysis of the percentage of income spent on own health showed that 52% of women spent less than 10% of their income on health, while only 5% spent more than 40%. About 2% of the respondents said that they have crn++che facilities in their offices. This is a major grey area where the employers can work to provide a conducive environment to their female employees. 7% of the respondents said that they have work from home facilities in their offices. It was also found that work from home facility was availed more by women after marriage or child birth or in case of illness of a family member. It was found that 58% women trusted private healthcare facilities more than government or local clinics.

It was revealed from the analysis that 69% of the women had a provision of paid sick leaves at their respective work places.

About 37% of women reported 3-6 months maternity benefits being given to them.

The infrastructural provision showed that 83% of womens workplace had separate toilets for them. However, only 27% of working women reported having a dispensary with a lady doctor in their workplace.

Shuttling between the various tasks at hand, women often overlook their health and continue to unconditionally manage both home and work simultaneously.

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Board of Hindustan Fluoro Carbons make note of proposal for divestment of Hindustan Organic Chemicals
Mar 06,2017

Hindustan Fluoro Carbons announced that the Board of Directors at its meeting held on 27 February 2017 has noted the following -

The proposal of strategic disinvestment of the Company through outright sale of Hindustan Organic Chemicals, holding company shares consisting of 11060000 equity shares of Rs 10 each aggregating to Rs 56.43%.

GoI called tenders for engagement of asset valuer, legal advisors and transaction advisor for disinvestment of the Company.

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Asian Oilfield Services drops on profit booking
Mar 06,2017

Meanwhile, the S&P BSE Sensex was up 140.86 points, or 0.49%, to 28,973.31

On the BSE, so far 1.22 lakh shares were traded in the counter, compared with average daily volumes of 1.55 lakh shares in the past one quarter. The stock hit a high of Rs 218.50 in intraday trade so far, which is 52-week high for the counter. The stock had hit a low of Rs 205.10 so far during the day. The stock hit a 52-week low of Rs 29.70 on 29 March 2016.

The stock had outperformed the market over the past 30 days till 3 March 2017, rising 57.8% compared with 2.15% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 104.4% as against Sensexs 9.92% rise.

The small-cap company has equity capital of Rs 22.32 crore. Face value per share is Rs 10.

On a consolidated basis, Asian Oilfield Services reported net loss of Rs 2.53 crore in Q3 December 2016, higher than net loss of Rs 20.05 crore in Q3 December 2015. Net sales rose 38.24% to Rs 16.63 crore in Q3 December 2016 over Q3 December 2015.

Asian Oilfield Services is engaged in providing geophysical, drilling and well services to customers across the Indian sub-continent.

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Emami fixes record date for interim dividend
Mar 06,2017

Emami has fixed 15 March 2017 as record date for payment of interim dividend.

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Metal stocks drop on weak China GDP growth target for 2017
Mar 06,2017

High Grade Copper for May 2017 delivery was down 1.04% at $2.6685 per pound on the COMEX.

Meanwhile, the S&P BSE Sensex was up 147.90 points or 0.51% at 28,980.35.

Bhushan Steel (down 1.21%), Jindal Steel & Power (down 0.55%), Vedanta (down 1.12%), Tata Steel (down 0.62%), NMDC (down 0.65%), Hindalco Industries (down 0.15%), Steel Authority of India (down 0.56%), JSW Steel (down 0.3%), Hindustan Zinc (down 1.1%) and National Aluminium Company (down 0.26%) edged lower.

The BSE Metal index had matched the market over the past one month till 3 March 2017, gaining 2.1% compared with the Sensexs 2.1% rise. The index had, however, outperformed the market over the past one quarter, gaining 16.98% as against the Sensexs 9.92% rise.

Meanwhile, disappointing economic news from China also weighed on metal sector stocks. China set its GDP growth target at around 6.5% for 2017, down from last years 6.7%, as the worlds second largest economy braced for further slowdown of its growth.

China is the worlds largest consumer of steel, copper and aluminum.

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Volumes jump at Rallis India counter
Mar 06,2017

Rallis India clocked volume of 5.33 lakh shares by 13:46 IST on BSE, a 27.02-times surge over two-week average daily volume of 20,000 shares. The stock was up 2.24% at Rs 239.50.

Dredging Corporation of India notched up volume of 1.87 lakh shares, a 18.41-fold surge over two-week average daily volume of 10,000 shares. The stock jumped 8.43% at Rs 483.05 after a media report suggested that the government is looking to sell 51% stake in the company. The strategic stake sale should materialize by middle of the next fiscal year starting April, the media report suggested.

Texmaco Rail & Engineering saw volume of 8.06 lakh shares, a 16.06-fold surge over two-week average daily volume of 50,000 shares. The stock rose 0.06% at Rs 89.70.

KEC International clocked volume of 5.57 lakh shares, a 12.5-fold surge over two-week average daily volume of 45,000 shares. The stock rose 0.51% at Rs 167.85.

Bajaj Electricals saw volume of 4.94 lakh shares, a 7.47-fold rise over two-week average daily volume of 66,000 shares. The stock rose 2.05% at Rs 263.25.

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TVS Motor Company fixes record date for 2nd interim dividend
Mar 06,2017

TVS Motor Company has fixed 15 March 2017 as record date for second interim dividend. The dividend will be paid on or after 18 March 2017.

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Cox & Kings owned Meininger hotel opens hotel in Milan
Mar 06,2017

Cox & Kings owned Meininger hotel group and Fondazione Fratelli di S. Francesco DAssisi ONLUS signed an agreement for a Meininger Hotel in Milan.

The property with 80 rooms and 268 beds is located in the city of Milan on Strada Private Calvino 11 close to the Garibaldi train station. It is the second hotel of the Meininger group in Milan.

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Intellect Design Arena allots 84,500 equity shares
Mar 06,2017

Intellect Design Arena announced that the Stakeholders Relationship Committee of the Company vide its Circular Resolution dated March 03rd, 2017 has approved the allotment of 3,100 shares to Three (3) associates under ASOP 2003 Scheme, the allotment of 56,100 shares to Seventeen (17) associates under ASOP 2011 Scheme and the allotment of 25,300 shares to Twelve (12) associate under ISOP 2015 scheme.

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