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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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Aarey Drugs & Pharmaceuticals bags export order
May 09,2017

Aarey Drugs & Pharmaceuticals has received its first commercial export order for 20 metric tonnes of Thiobromine from Germany and it will be executed by 30 June 2017.

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Triveni Engineering & Industries gets upgradation in credit ratings
May 09,2017

Triveni Engineering & Industries announced that ICRA has upgraded the credit ratings for bank facilities and commercial paper/ short term debt programme of the Company.

Fund based limits (Rs 1425 crore) - ICRA A+ (upgraded from ICRA A)
Term loans (Rs 292.76 crore) - ICRA A+ (upgraded from ICRA A)
Non fund based limits (Rs 358.34 crore) - ICRA A1+ (upgraded from ICRA A)
Commercial Paper / Short term debt programme (Rs 25 crore) - ICRA A1+ (upgraded from ICRA A1)

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Associated Alcohols & Breweries enters into additional business venture and tie up arrangement with United Spirits
May 09,2017

Associated Alcohols & Breweries has entered into additional business venture and tie up arrangement with United Spirits for manufacture and sale of series of popular brands of United Spirits. The agreement will lead the Company in marketing, distillation, blending and bottoling of these popular brands for sale and distribution in the State of Madhya Pradesh.

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Triveni Turbine announces demise of director
May 09,2017

Triveni Turbine announced that Amal Ganguli , an Independent Director of the Company passed away on 08 May 2017.

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Godrej Consumer Products fixes record date for 4th interim dividend
May 09,2017

Godrej Consumer Products has fixed 17 May 2017 as record date for payment of fourth interim dividend. The dividend will be paid on 31 May 2017.

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Volumes jump at Atul counter
May 09,2017

Atul clocked volume of 1.54 lakh shares by 13:53 IST on BSE, a 64.99-times surge over two-week average daily volume of 2,000 shares. The stock rose 0.48% to Rs 2,461.60.

Titan Company notched up volume of 31.66 lakh shares, a 55.85-fold surge over two-week average daily volume of 57,000 shares. The stock lost 2.79% to Rs 470.20.

ABB India saw volume of 1.91 lakh shares, a 28.73-fold surge over two-week average daily volume of 7,000 shares. The stock surged 10.22% to Rs 1,545.

Tech Mahindra clocked volume of 44.80 lakh shares, a 28.52-fold surge over two-week average daily volume of 1.57 lakh shares. The stock rose 1.6% to Rs 427.75.

Varun Beverages saw volume of 6.06 lakh shares, a 24.82-fold rise over two-week average daily volume of 24,000 shares. The stock rose 0.8% to Rs 496.

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Godrej Consumer Products announces change in directorate
May 09,2017

Godrej Consumer Products announced changes to its leadership team, effective 10 May 2017. Nisaba Godrej, currently the Executive Director of the company, will be the Executive Chairperson. Chairman Adi Godrej will assume the Chairman Emeritus position at GCPL. Vivek Gambhir will continue as Managing Director and CEO.

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Wipro allots 15,538 equity shares
May 09,2017

Wipro has allotted 15,538 equity shares under ADS Restricted Stock Unit Plan 2004, 69,866 equity shares under Restricted Stock Unit Plan 2007 and 108,600 equity shares under Restricted Stock Unit Plan 2005 to the employees on 08 May 2017 pursuant to exercise of ESOPs.

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NESCO appoints director
May 09,2017

NESCO announced that the Board of Directors vide circular resolution dated 09 May 2017, have appointed Manu Parpia as an Additional Director (Non-executive, Independent) with effect from 10 May 2017 to hold the office till the conclusion of the ensuing Annual General Meeting of the Company.

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Monsanto India to pay final dividend
May 09,2017

Monsanto India announced that final dividend, if declared at the Annual General Meeting, will be paid to the shareholders on or after 10 August 2017.

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Dai-ichi Karkaria to pay dividend
May 09,2017

Dai-ichi Karkaria announced date of payment of dividend will be 31 July 2017.

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ALTBalaji enters into partnership with PayPal
May 09,2017

ALTBalaji has entered into a partnership for international online payments with PayPal. ALTBalajis international users across 200 markets will now be able to subscribe to the streaming service conveniently using PayPals comprehensive payment platform.

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Aarey Drugs gains after winning export order
May 09,2017

The announcement was made during trading hours today, 9 May 2017.

Meanwhile, the S&P BSE Sensex was up 71.13 points, or 0.24% to 29,997.28.

On the BSE, 1.50 lakh shares were traded in the counter so far, compared with average daily volumes of 1.41 lakh shares in the past one quarter. The stock had hit a high of Rs 108 and a low of Rs 105 so far during the day. The stock hit a record high of Rs 109.80 on 28 April 2017. The stock hit a 52-week low of Rs 36 on 10 May 2016.

The stock had underperformed the market over the past one month till 8 May 2017, rising 0.67% compared with 0.74% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 22.77% as against Sensexs 5.61% rise.

The small-cap company has equity capital of Rs 18.08 crore. Face value per share is Rs 10.

Aarey Drugs & Pharmaceuticals said it received first commercial export order for 20 metric tons of Thiobromine from Germany. The order will be executed by 30 June 2017.

Net profit of Aarey Drugs & Pharmaceuticals rose 775% to Rs 1.75 crore on 51.60% rise in net sales to Rs 96.01 crore in Q3 December 2016 Q3 December 2015.

Aarey Drugs & Pharmaceuticals is one of the rising manufacturer representatives and suppliers of pharmaceutical raw materials, chemicals, pharmaceuticals ingredients, APIs drugs, food colours and flavours.

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Gillette India fixes record date for interim dividend
May 09,2017

Gillette India has fixed 18 May 2017 as the record date for payment of interim dividend. The dividend shall be paid between 22 May 2017 to 05 June 2017.

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Saraswati Commercial (India) fixes record date for scheme of amalgamation
May 09,2017

Saraswati Commercial (India) has fixed 22 May 2017 as the Record date for determining the list of the equity shareholders of Aroni Commercials to whom the equity of the Saraswati Commercial (India) will be issued as per terms of Scheme of Amalgamation of Aroni Commercials with Saraswati Commercial (India) and their respective shareholders and creditors.

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