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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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MSP Steel & Power to announces Q2 and HY results
Dec 05,2016

MSP Steel & Power announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 December 2016, inter alia, to consider, approve, and take on record the Unaudited Standalone Financial Results of the Company for the second quarter and half year ended on 30 September 2016.

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Board of Surana Corporation to consider Q2 and HY results
Dec 05,2016

Surana Corporation announced that a meeting of the Board of Directors of the Company is scheduled to be held on 12 December 2016, inter-alia to consider and approve the Unaudited financial results for the 2nd Quarter and Six Months ended 30 September 2016.

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A2Z Infra Engg advances after bagging contract
Dec 05,2016

The announcement was made after market hours on Friday, 2 December 2016.

Meanwhile, the S&P BSE Sensex was up 73.64 points or 0.28% at 26,304.30.

On the BSE, 2.37 lakh shares were traded on the counter so far as against the average daily volumes of 2.88 lakh shares in the past one quarter. The stock had hit a high of Rs 41.60 and a low of Rs 40.50 so far during the day.

The stock had hit a 52-week high of Rs 51.65 on 1 November 2016 and a 52-week low of Rs 16.50 on 12 February 2016. It had underperformed the market over the past one month till 1 December 2016, sliding 16.82% compared with the Sensexs 4.72% fall. The scrip had, however, outperformed the market in past one quarter, advancing 5.61% as against the Sensexs 6.56% fall.

The small-cap company has equity capital of Rs 129.62 crore. Face value per share is Rs 10.

A2Z Infra Engineering said that contract is for construction of 132 KV S/S Pakhanjur and associates extra high voltage (EHV) line on turnkey basis TR-16/05 for value of Rs 35.25 crore.

A2Z Infra Engineering reported net loss of Rs 16.65 crore in Q2 September 2016, higher than net loss of Rs 8.40 crore in Q2 September 2015. The companys net sales declined 42.7% to Rs 149.38 crore in Q2 September 2016 over Q2 September 2015. The result was announced before market hours on Friday, 2 December 2016.

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services) is a fast growing, fully integrated electrical business group (EBG) in India catering to the needs of domestic and international power sector clients in building distribution and transmission infrastructure.

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Board of Sita Shree Food Products approves QIP issue of upto Rs 20 crore
Dec 05,2016

Sita Shree Food Products announced that a meeting of the Board of Directors of the Company is held on 05 December 2016, the board have approved raising of funds through Qualified-Institutions Placement of equity shares / Convertible securities or such other securities in one or more tranches upto Rs. 20 crore subject to approval of members in general meeting and in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements] Regulations, 2009 and the Companies Act, 2013 and the rules made thereunder.

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Board of Rohit Ferro Tech to consider September quarter results
Dec 05,2016

Rohit Ferro Tech announced that a meeting of the Board of Directors of the Company will be held on 14 December 2016, inter alia, to consider and approve the Un-audited Financial Results of the Company for the Quarter ended 30 September 2016.

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SSWL gains after bagging repeat caravan wheels order
Dec 05,2016

The announcement was made during market hours today, 5 December 2016.

Meanwhile, the S&P BSE Sensex was up 116.29 points or 0.44% at 26,346.95.

On the BSE, 8,632 shares were so far traded in the counter as against average daily volume of 11,097 shares in the past one quarter. The stock had hit a high of Rs 630 and a low of Rs 612 so far during the day. The stock had hit a record high of Rs 775 on 14 October 2016. The stock had hit a 52-week low of Rs 284 on 17 February 2016.

The stock had underperformed the market over the past one month till 2 December 2016, falling 8.05% compared with Sensexs 4.71% fall. The scrip had, however, outperformed the market in past one quarter, gaining 6.47% as against Sensexs 8.07% drop.

The small-cap company has equity capital of Rs 15.53 crore. Face value per share is Rs 10.

Steel Strips Wheels (SSWL) said that total order covers supplies of about 23,000 wheels in a period of four months. The orders comprise of mix of 13 inch and 14 inch steel wheels to be supplied from SSWLs Chennai plant with shipments starting from this month.

The order further augments SSWLs strong presence in the extremely competitive European Union (EU) caravan steel wheels market.

Net profit of Steel Strips Wheels rose 19.9% to Rs 18.02 crore on 2.8% decline in net sales to Rs 290.95 crore in Q2 September 2016 over Q2 September 2015.

SSWL designs and manufactures automotive steel wheels and is among the leading supplier to Indian and global automobile manufacturers.

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Volumes jump at Whirlpool of India counter
Dec 05,2016

Whirlpool of India clocked volume of 2.58 lakh shares by 14:22 IST on BSE, a 38.02-times surge over two-week average daily volume of 7,000 shares. The stock fell 3.22% at Rs 887.

Power Grid Corporation of India notched up volume of 42.92 lakh shares, a 11.08-fold surge over two-week average daily volume of 3.87 lakh shares. The stock was down 0.6% at Rs 182.75.

Jamna Auto Industries saw volume of 3.87 lakh shares, a 9.02-fold surge over two-week average daily volume of 43,000 shares. The stock declined 0.96% at Rs 169.70.

Healthcare Global Enterprises clocked volume of 2.62 lakh shares, a 7.23-fold surge over two-week average daily volume of 36,000 shares. The stock fell 0.1% at Rs 248.95.

Crompton Greaves saw volume of 15.99 lakh shares, a 6.6-fold rise over two-week average daily volume of 2.42 lakh shares. The stock slumped 8.67% at Rs 69.50.

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Crompton Greaves leads losers in A group
Dec 05,2016

Crompton Greaves slumped 8.61% to Rs 69.55 at 13:45 IST. The stock topped the losers in the BSEs A group. On the BSE, 13.53 lakh shares were traded on the counter so far as against the average daily volumes of 2.42 lakh shares in the past two weeks.

Unitech skidded 5.22% at Rs 4.54. The stock was second biggest loser in A group. On the BSE, 52.27 lakh shares were traded on the counter so far as against the average daily volumes of 28.68 lakh shares in the past two weeks.

BF Utilities lost 3.45% to Rs 413.05. The stock was third biggest loser in A group. On the BSE, 87,000 shares were traded on the counter so far as against the average daily volumes of 84,000 shares in the past two weeks.

PVR declined 3.2% at Rs 1,065. The stock was fourth biggest loser in A group. On the BSE, 2,640 shares were traded on the counter so far as against the average daily volumes of 8,114 shares in the past two weeks.

Jubilant FoodWorks fell 2.95% to Rs 848.10. The stock was fifth biggest loser in A group. On the BSE, 37,000 shares were traded on the counter so far as against the average daily volumes of 32,000 shares in the past two weeks.

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Colgate-Palmolive (India) to pay 2nd interim dividend
Dec 05,2016

Colgate-Palmolive (India) announced that the 2nd interim dividend for financial year ending 31 March 2017 will be paid on 27 December 2016.

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Board of Colgate-Palmolive (India) declares 2nd interim dividend
Dec 05,2016

Colgate-Palmolive (India) announced that the Board of Directors of the Company, at their Meeting held on 05 December 2016, declared a second interim dividend of Rs. 3/- (Rupees Three only) per equity share of Re. 1 / - (face value) for the financial year ending 31 March2017. The said interim dividend will be paid on the paid-up equity share capital of Rs. 27.20 crore involving a total pay-out of Rs.98.22 Crore [including dividend distribution tax].

Further, the said interim dividend declared by the Board at their Meeting held on 05 December 2016 will be paid on 27 December 2016.

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Galaxy Entertainment Corporation to announces Q2 and HY results
Dec 05,2016

Galaxy Entertainment Corporation announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 December 2016, inter alia, to consider and approve the un-audited financial results of the Company for the second quarter and half year ended 30 September 2016 of the financial year ending 31 March 2017.

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Future Market Networks to announces Q2 and HY results
Dec 05,2016

Future Market Networks announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 December 2016, inter alia, to consider and approve the un-audited financial results of the Company for the second quarter and half year ended 30 September 2016 of the financial year ending 31 March 2017.

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Board of JMT Auto to consider September quarter and half year results
Dec 05,2016

JMT Auto announced that a meeting of the Board of Directors of the Company shall be held on 12 December 2016, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter/half-year ended 30 September 2016 in accordance with Regulation 29 and 33 read with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

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Ahluwalia Contracts (India) provides business update
Dec 05,2016

Ahluwalia Contracts (India) announced that the Company have received letter from Executive Engineer, Construction Division-2, Building Construction Department (B.C.D.) Patna, for Re-start of construction of International Convention Centre (ICC) and Police Headquarter Bhawan, Patna as per order of Honble National Green Tribunal (NGT), Eastern Zone Bench, Kolkata.

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Yes Bank gains after partnering with Ola to set up mobile ATMs
Dec 05,2016

The announcement was made during market hours today, 5 December 2016.

Meanwhile, the BSE Sensex was down 84.55 points, or 0.32%, to 26,146.11.

On the BSE, 29,475 shares were so far traded in the counter, compared with average daily volume of 3.34 lakh shares in the past one quarter. The stock had hit a high of Rs 1,170 and a low of Rs 1,150.10 so far during the day. The stock had hit a record high of Rs 1,450 on 7 September 2016. The stock had hit a 52-week low of Rs 632.25 on 20 January 2016.

The stock had underperformed the market over the past one month till 2 December 2016, falling 5.02% compared with Sensexs 4.71% fall. The scrip had also underperformed the market in past one quarter, declining 17.12% as against Sensexs 8.07% drop.

The large-cap private sector bank has equity capital of Rs 422.75 crore. Face value per share is Rs 10.

Yes Bank said that it has partnered with Ola, Indias most popular mobile app for transportation, to set up mobile automated teller machines (ATMs) and enable convenient cash withdrawals for citizens by any banks debit cards.

The service will be made available in over 30 locations across ten cities including, Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad and Jaipur. The withdrawal is enabled using point of sale machines available in Ola cabs stationed near Yes Bank branches across various locations in these cities.

The partnership is done to ease the process of cash withdrawals and provide seamless service to the customers with additional mobile infrastructure powered by Ola.

Yes Bank reported 31.3% rise in net profit to Rs 801.54 crore on 24.7% rise in total income to Rs 4982.23 crore in Q2 September 2016 over Q2 September 2015.

Yes Bank is one of the leading private sector banks in India.

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