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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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Gujarat Industries Power Co commissions 16.80MW Kucchdi Wind Farm
Jan 24,2017

Gujarat Industries Power Co has commissioned 16.80 MW (8 WTGs x 2.1 MW) of the Kucchdi Wind Farm, Ta & District : Porbandar for which certificate of commissioning has been issued by Gujarat Energy Development Agency (GEDA).

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Gujarat Industries Power Co commissions 16.80MW Kucchdi Wind Farm
Jan 24,2017

Gujarat Industries Power Co has commissioned 16.80 MW (8 WTGs x 2.1 MW) of the Kucchdi Wind Farm, Ta & District : Porbandar for which certificate of commissioning has been issued by Gujarat Energy Development Agency (GEDA).

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Punjab National Bank announces cessation of director
Jan 24,2017

Punjab National Bank announced that Gautam Premnath Khandelwal, part-time Non Official Director, ceased to be Director on the Board of the Bank w.e.f. 24 January 2017 on completion of his tenure on 23 January 2017.

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Veto Switchgears & Cables secures order worth Rs 19 crore
Jan 24,2017

Veto Switchgears & Cables announced that the Company had participated in the tender with Energy Efficiency Services (EESL) in respect of the following project Design, Manufacture, Supply, of Self-ballasted 9 Watt LED Bulbs on PAN-India basis, with 3 Years warranty and other Related Works under NIT/Bid Document No. EESL/06/2016-17/Supply-9W LED Bulbs/1617039 (The Tender) jointly through execution of a consortium agreement with Rudai Lighting.

Further, the Company has been awarded an order of Rs. 19 crore for supply of the same.

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Cera Sanitaryware to consider Q3 and 9M results
Jan 24,2017

Cera Sanitaryware announced that the meeting of Board of Directors of the Company will be held on 07 February 2017, inter alia, for considering the Unaudited Financial Results for the quarter and nine months ended 31 December 2016.

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Pradip Overseas to announce Q3 and 9M results
Jan 24,2017

Pradip Overseas announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to approve unaudited financial results of the Company for the Quarter and nine months ended 31 December 2016.

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Board of Samtel Color to consider December quarter results
Jan 24,2017

Samtel Color announced that the Meeting of the Board of Directors of the Company shall be held on 07 February 2017, to consider and approve Un-audited Financial Results for the quarter ended 31 December 2016.

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Bharat Heavy Electricals bags landmark order from PGCIL
Jan 24,2017

Bharat Heavy Electricals has secured a landmark order from Power Grid Corporation of India. BHELs scope of work is valued at Rs 1360 crore, for setting up a + 800 kV, 6,000 MW HVDC Link between the Western Region Grid (Raigarh, Chattisgarh) and the Southern Region Grid (Pugalur, Tamil Nadu).

Significantly, this is the second Ultra High Voltage Direct Current (UHVDC) transmission project contract for BHEL. The Company is currently executing the North-East Agra + 800 kV, 6,000 MW Multi Terminal HVDC link, jointly with ABB.

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ICICI Bank allots 20,500 equity shares
Jan 24,2017

ICICI Bank has allotted 20,500 equity shares of face value of Rs. 2/- each on 23 January 2017 under the Employees Stock Option Scheme, 2000 (ESOS).

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CNI Research to consider December quarter results
Jan 24,2017

CNI Research announced that a meeting of Board of Directors of the Company will be held on 01 February 2017 to consider and take on record the unaudited financial results of the Company for quarter ended 31 December 2016.

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ACI Infocom to announce Q3 results
Jan 24,2017

ACI Infocom announced that the meeting of the Board of Directors of the Company is scheduled to be held on 10 February 2017, inter alia, to consider the following business:

- To approve the Un-audited Financial Results along with Limited Review Report of the Company for the third quarter ended on 31 December 2016.

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Nocil gains after good Q3 results
Jan 24,2017

The result was announced after market hours yesterday, 23 January 2017.

Meanwhile, the S&P BSE Sensex was up 121.28 points or 0.45% at 27,238.62.

On the BSE, 3.10 lakh shares were traded on the counter so far as against the average daily volumes of 3.22 lakh shares in the past one quarter. The stock had hit a high of Rs 77.20 and a low of Rs 74.50 so far during the day.

The stock had hit a 52-week high of Rs 82.35 on 20 October 2016 and a 52-week low of Rs 37.65 on 12 February 2016. The stock had outperformed the market over the past one month till 23 January 2017, advancing 13.42% compared with the Sensexs 4.13% rise. The scrip had also outperformed the market over the past one quarter, declining 3.3% as against the Sensexs 3.42% fall.

The small-cap company has equity capital of Rs 163.58 crore. Face value per share is Rs 10.

Nocil manufactures basic organic chemicals.

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GSFC tumbles after weak Q3 earnings
Jan 24,2017

The result was announced after market hours yesterday, 23 January 2017.

Meanwhile, the BSE Sensex was up 123.46 points, or 0.46%, to 27,240.80.

On the BSE, so far 12.51 lakh shares were traded in the counter, compared with average daily volumes of 5.52 lakh shares in the past one quarter. The stock had hit a high of Rs 110 and a low of Rs 102.30 so far during the day.

The stock hit a 52-week high of Rs 121.50 on 19 January 2017. The stock hit a 52-week low of Rs 57.65 on 12 February 2016. The stock had outperformed the market over the past 30 days till 23 January 2017, rising 22.96% compared with the 4.13% rise in the Sensex. The scrip had also outperformed the market in past one quarter, 25.10% as against Sensexs 3.47% decline.

The mid-cap company has equity capital of Rs 79.70 crore. Face value per share is Rs 2.

Gujarat State Fertilizers & Chemicals (GSFC) is engaged in the development of crop nutrition solutions. The company operates through two business segments: Fertilizer Products and Industrial Products. The company is also engaged in the business of trading pesticides, zinc sulfate, magnesium sulfate, among others.

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Quess Corp standalone net profit rises 23.71% in the December 2016 quarter
Jan 24,2017

Net profit of Quess Corp rose 23.71% to Rs 24.78 crore in the quarter ended December 2016 as against Rs 20.03 crore during the previous quarter ended December 2015. Sales rose 6.49% to Rs 840.80 crore in the quarter ended December 2016 as against Rs 789.57 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales840.80789.57 6 OPM %5.345.33 - PBDT40.8336.25 13 PBT36.4532.41 12 NP24.7820.03 24

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Proseed India reports standalone net loss of Rs 0.20 crore in the December 2016 quarter
Jan 24,2017

Net Loss of Proseed India reported to Rs 0.20 crore in the quarter ended December 2016 as against net loss of Rs 3.21 crore during the previous quarter ended December 2015. Sales rose 217.65% to Rs 0.54 crore in the quarter ended December 2016 as against Rs 0.17 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.540.17 218 OPM %-12.96-1623.53 - PBDT-0.20-3.21 94 PBT-0.20-3.21 94 NP-0.20-3.21 94

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