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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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RDB Realty & Infrastructure to hold AGM
Aug 17,2017

RDB Realty & Infrastructure announced that the Annual General Meeting (AGM) of the company will be held on 6 September 2017.

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Inter Globe Finance to convene AGM
Aug 17,2017

Inter Globe Finance announced that the 24th Annual General Meeting (AGM) of the company will be held on 26 September 2017.

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Shri Gang Inds. & Allied Products to convene AGM
Aug 17,2017

Shri Gang Inds. & Allied Products announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2017.

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Suraj Industries schedules AGM
Aug 17,2017

Suraj Industries announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

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Infibeam Inc. to hold AGM
Aug 17,2017

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

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Outcome of board meeting of Dish TV India
Aug 17,2017

The Board of Dish TV India transacted the following at board meeting held on 17 August 2017 -

a)Considered and approved the UFR of the Company for the period ended on 30 June 2017;

b)Approved the allotment of 17,080 fully paid equity shares to (two) eligible Employee(s), pursuant to the ESOP

c)Took note of the Resignation of Lakshmi Chand, an Independent Director w.e.f 17 August 2017;

d)Approved convening 29th AGM of the Equity Shareholders of the Company on Thursday, 28 September 2017

e)Approved Closing of the Register of Member, for the purpose of AGM from 25 September 2017 to 27 September 2017 (both days inclusive); and

f)Approved the Sale / Transfer, subject to Shareholders approval, of the Infra Support undertaking (including set top boxes, dish antenna, and related services etc.) to Dish Infra Services, a WOS of the Company, on a going concern basis.

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Radhika Jeweltech to conduct board meeting
Aug 17,2017

Radhika Jeweltech will hold a meeting of the Board of Directors of the Company on 17 August 2017.

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Board of Talbros Engineering recommends bonus issue
Aug 17,2017

The Board of Talbros Engineering at its meeting held on 17 August 2017 has recommended bonus issue of 1:1.

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Board of Nouveau Global Ventures appoint director
Aug 17,2017

The Board of Nouveau Global Ventures have, vide circular resolution dated 17 August, 2017, appointed Harpreet Singh Kohli as an Additional Director (Non-executive, Independent) with effect from 17 August, 2017, to hold office up to the date of the ensuing Annual General Meeting of the Company.

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Shankara Building Products opens its 115th store
Aug 17,2017

Shankara Building Products announced the opening of its 115thstore under the Shankara Buildpro brand at Palarivattom, Kochi - 682 024.

The store admeasures ~6,000 sq.ft. and with this new store, our retail presence spans across a total area of 4,13,803 sq. ft.

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Nucleus Software Exports provides business update
Aug 17,2017

Nucleus Software Exports announced that Sai Point Finance Corporation, a Non Banking Finance Corporation has gone live with FinnOne Neo Cloud to facilitate the end-to-end digitization of the Companys lending business.

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Usha Martin to consider raising funds
Aug 17,2017

Usha Martin will hold a meeting of the Board of Directors of the Company on 19 August 2017, to consider raising funds.

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Jamna Auto Industries fixes record date for stock split
Aug 17,2017

Jamna Auto Industries has fixed 06 October 2017 as the Record Date for the purpose of sub-division (stock split) of each equity share of the Company having a face value of Rs. 5 each into 5 equity shares of the face value of Rs. 1 each.

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Srei Infrastructure gets stronger on proposed IPO of subsidiary
Aug 17,2017

The announcement was made during market hours today, 17 August 2017.

Meanwhile, the S&P BSE Sensex was up 116.16 points or 0.37% at 31,887.05. The S&P BSE Mid-Cap index was down 11.15 points or 0.07% at 15,271.19.

High volumes were witnessed on the counter. On the BSE, 5.18 lakh shares were traded on the counter so far as against the average daily volumes of 3.02 lakh shares in the past one quarter. The stock had hit a high of Rs 127.30 and a low of Rs 119.20 so far during the day. The stock had hit a 52-week high of Rs 137.70 on 21 July 2017 and a 52-week low of Rs 63.05 on 29 September 2016.

The stock has gained 12.55% in four sessions to its ruling price from a close of Rs 108.35 on 10 August 2017.

The stock had outperformed the market over the past one month till 16 August 2017, rising 4.73% compared with the Sensexs 0.78% decline. The stock had also outperformed the market over the past one quarter, gaining 6.83% as against the Sensexs 3.89% rise. The scrip had also outperformed the market over the past one year, gaining 66.07% as against the Sensexs 13.21% rise.

The mid-cap company has equity capital of Rs 503.09 crore. Face value per share is Rs 10.

Srei Infrastructure Finance said that the board of directors of Srei Equipment Finance (SEFL), wholly owned subsidiary of the company approved to evaluate, subject to approval of its board, shareholders, market conditions and receipt of requisite approvals from statutory and other authorities, an initial public offering (IPO) of upto 25% of the post-issue paid-up equity share capital of SEFL.

SEFL is industry leader in infrastructure and construction equipment financing.

SREI Infrastructure Finances consolidated net profit rose 48% to Rs 76.32 crore on 5.5% rise in total income to Rs 1191.32 crore in Q1 June 2017 over Q1 June 2016.

SREI Infrastructure Finance is a leading integrated infrastructure financing conglomerate in India. The companys businesses include infrastructure finance, advisory and development, infrastructure equipment finance, alternative investment funds, capital markets and insurance broking.

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Manpasand Beverages advances after fixing record date for bonus shares
Aug 17,2017

The announcement was made during market hours today, 17 August 2017.

Meanwhile, the S&P BSE Sensex was up 100.43 points, or 0.32% at 31,871.32. The S&P BSE Mid-Cap index was down 33.33 points, or 0.22% at 15,249.01.

On the BSE, 7,450 shares were traded on the counter so far as against the average daily volumes of 12,206 shares in the past one quarter. The stock had hit a high of Rs 831.35 and a low of Rs 804.35 so far during the day. The stock had hit a record high of Rs 885.90 on 29 May 2017 and a 52-week low of Rs 506.75 on 26 December 2016.

The stock had outperformed the market over the past one month till 16 Aug 2017, gaining 4.56% compared with the Sensexs 0.78% fall. The scrip had also outperformed the market over the past one quarter gaining 4.18% as against the Sensexs 3.89% rise. The scrip had also outperformed the market over the past one year advancing 15.11% as against the Sensexs 13.21% rise.

The mid-cap company has equity capital of Rs 57.22 crore. Face value per share is Rs 10.

Manpasand Beverages announced that the company has fixed 15 September 2017 as the record date for determining the eligibility of shareholders for issuance of bonus equity shares in the ratio 1:1 i.e. one bonus share for every one held.

Manpasand Beveragess net profit rose 25.3% to Rs 35.91 crore on 28.5% increase in net sales to Rs 294.78 crore in Q1 June 2017 over Q1 June 2016.

Manpasand Beverages is a fruit drink manufacturer focusing on mango. Mango-based fruit drink, Mango Sip, is the flagship brand of the company, which is strategically aimed at customers in semi urban and rural markets.

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