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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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Kokuyo Camlin to hold board meeting
Jul 17,2017

Kokuyo Camlin will hold a meeting of the Board of Directors of the Company on 3 August 2017 to consider and approve standalone Unaudited Financial Results for the first quarter ended on 30th June, 2017

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Sequent Scientific to hold board meeting
Jul 17,2017

Sequent Scientific will hold a meeting of the Board of Directors of the Company on 3 August 2017 Unaudited Financial Results of the Company for the First Quarter ended 30th June, 2017.

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Ultramarine & Pigments to hold board meeting
Jul 17,2017

Ultramarine & Pigments will hold a meeting of the Board of Directors of the Company on 11 August 2017 unaudited financial results for the 1st quarter ended 30th June, 2017.

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Larsen & Toubro to hold board meeting
Jul 17,2017

Larsen & Toubro will hold a meeting of the Board of Directors of the Company on 28 July 2017 to consider and approve the unaudited financial results of the Company for the quarter and three month period ended 30th June 2017.

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Sai Jeevadhara Finance to hold board meeting
Jul 17,2017

Sai Jeevadhara Finance will hold a meeting of the Board of Directors of the Company on 20 July 2017 Audited Results for the year ended 31st March 2017.

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Adani Power to hold AGM
Jul 17,2017

Adani Power announced that the 21th Annual General Meeting(AGM) of the company on 10 August 2017.

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Indian Metals surges after turnaround in Q1
Jul 17,2017

The result was announced during the market hours today, 17 July 2017.

Meanwhile, the S&P BSE Sensex was up 83.55 points, or 0.26% at 32,104.30. The S&P BSE Small-Cap index was up 16.11 points, or 0.1% at 15,924.12.

High volumes were witnessed on the counter. On the BSE, 54,000 shares were traded on the counter so far as against the average daily volumes of 21,251 shares in the past one quarter. The stock had hit a high of Rs 565.35 and a low of Rs 538 so far during the day. The stock had hit a 52-week high of Rs 823 on 21 March 2017 and a 52-week low of Rs 134 on 27 July 2016.

The stock had outperformed the market over the past one month till 14 July 2017, advancing 38.94% compared with the Sensexs 2.78% rise. The scrip had, however, underperformed the market over the past one quarter sliding 7.47% as against the Sensexs 8.69% rise. The scrip had, however, outperformed the market over the past one year advancing 286.4% as against the Sensexs 14.6% rise.

The small-cap company has equity capital of Rs 26.98 crore. Face value per share is Rs 10.

Indian Metals & Ferro Alloyss total income rose 71.3% to Rs 438.97 crore in Q1 June 2017 over Q1 June 2016.

Indian Metals & Ferro Alloys is a producer of ferro chrome and ferro alloys. The company operates through three segments: ferro alloys, power and mining.

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Model Agriculture Produce and Livestock Marketing (Promotion and Facilitation) Act, 2017 finds favor amongst States
Jul 17,2017

Mr. Radha Mohan Singh, Union Minister for Agriculture, Ministry of Agriculture & Farmers Welfare, Government of India, said here today that the model Agriculture Produce and Livestock Marketing (Promotion and Facilitation) Act, 2017 was released to the states on April 24, 2017, and has received a positive response regarding its adoption from all states. He suggested that states could declare the warehouses as market sub-yards so that the farmers can store surpluses and sell directly without having to transport the produce to the Agricultural Produce Market Committee (APMC) yard. In order to address the constraints of present agricultural marketing system promoted by APMCs and assure accessible marketing facilities to farmers, the Government, he added has shared a corrective reform with the states.

The minister said that famers have not been getting the corresponding increase in remuneration. The government is aware of the urgent requirement of strengthening market systems to reduce postharvest losses to enable famers to tide over both situations of bumper production leading to a glut and abrupt price fall and incidences of less production resulting in the availability of meagre surplus.

Mr. Singh said the approach adopted encompasses both adoptions of cost effective production and diversifying agriculture towards growing of high-value crops, agroforestry, rearing of livestock, poultry, fisheries, etc, as well as creating accessible and efficient markets to ensure better price realisation to the farmers through a robust value supply chain. He added that the government empathises with farmers and for that purpose have formulated farmer welfare centric programs and policies, which is equally related to food security and price security.

He said that only through cross-pollination of expertise and innovations and thereafter synergy during implementation of the programs conceived in mission mode, the goal set for the country by Prime Minister of doubling farmers income by 2022 is achievable.

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Shreyas Shipping sails ahead after acquiring vessel
Jul 17,2017

The announcement was made by the company after market hours on Friday, 14 July 2017.

Meanwhile, the S&P BSE Sensex was up 76.56 points, or 0.24% to 32,097.31. The S&P BSE Small-Cap index was up 15.80 points, or 0.1% to 15,923.81.

On the BSE, 2,232 shares were traded in the counter so far, compared with average daily volumes of 11,016 shares in the past one quarter. The stock had hit a high of Rs 345 and a low of Rs 331.50 so far during the day. The stock had hit a 52-week high of Rs 464.55 on 11 July 2016. The stock had hit a 52-week low of Rs 193.10 on 26 December 2016.

The stock had outperformed the market over the past one month till 14 July 2017, gaining 3.69% compared with 2.78% gains in the Sensex. The scrip had, however, underperformed the market in past one quarter, gaining 3.05% as against Sensexs 8.69% gains. The scrip had also underperformed the market in past one year, dropping 24.97% as against Sensexs 14.6% rise.

The small-cap company has equity capital of Rs 21.96 crore. Face value per share is Rs 10.

Shreyas Shipping & Logistics said that the delivery of the vessel is expected in the first week of September 2017.

On a consolidated basis, Shreyas Shipping & Logistics reported net loss of Rs 9.94 crore in Q4 March 2017 as against net profit of Rs 15.11 crore in Q4 March 2016. Net sales rose 4.7% to Rs 184.31 crore in Q4 March 2017 over Q4 March 2016.

Shreyas Shipping & Logistics, the Indian flagged vessel owning unit of Transworld Group, is a pioneer and market leader in domestic coastal container shipping covering all main ports and container terminals on the Indian coast.

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Jubilant FoodWorks heads north after good Q1 results
Jul 17,2017

The result was announced during market hours today, 17 July 2017.

Meanwhile, the S&P BSE Sensex was up 63.11 points or 0.2% at 32,083.86. The S&P BSE Mid-Cap index declined 4.69 points or 0.03% at 15,182.72.

On the BSE, 3.48 lakh shares were traded on the counter so far as against the average daily volumes of 58,563 shares in the past one quarter. The stock had hit a high of Rs 1,242 and a low of Rs 1,161.30 so far during the day. The stock had hit a 52-week high of Rs 1,298.80 on 2 August 2016 and a 52-week low of Rs 761 on 26 December 2016.

The stock had outperformed the market over the past one month till 14 July 2017, advancing 21.19% compared with the Sensexs 2.78% rise. The stock had also outperformed the market over the past one quarter, gaining 15.05% as against the Sensexs 8.69% rise. The scrip had, however, underperformed the market over the past one year, sliding 2.3% as against the Sensexs 14.6% rise.

The mid-cap company has equity capital of Rs 65.98 crore. Face value per share is Rs 10.

Jubilant FoodWorks President & CFO Sachin Sharma has resigned from the services of the company. His last working day will be 21 July 2017. The Board will appoint his successor in due course.

Jubilant FoodWorks is part of Jubilant Bhartia group and Indias largest food service company with a network of Dominos Pizza restaurants pan India. The company & its subsidiary have the exclusive rights to develop and operate Dominos Pizza brand in India, Sri Lanka, Bangladesh and Nepal. The company also has exclusive rights for developing and operating Dunkin Donuts restaurants for India.

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Unitech leads gainers in A group
Jul 17,2017

Unitech jumped 12.68% to Rs 8.62 at 14:00 IST. The stock topped the gainers in the BSEs A group. On the BSE, 2.53 crore shares were traded on the counter so far as against the average daily volumes of 2.17 crore shares in the past two weeks.

Srei Infrastructure Finance surged 10.37% at Rs 126.10. The stock was second biggest gainer in A group. On the BSE, 10.65 lakh shares were traded on the counter so far as against the average daily volumes of 1.8 lakh shares in the past two weeks.

Jaiprakash Associates advanced 7.23% to Rs 22.25. The stock was third biggest gainer in A group. On the BSE, 78.78 lakh shares were traded on the counter so far as against the average daily volumes of 1.29 crore shares in the past two weeks.

Jubilant FoodWorks gained 4.79% at Rs 1,221.75. The stock was fourth biggest gainer in A group. On the BSE, 2.92 lakh shares were traded on the counter so far as against the average daily volumes of 83,000 shares in the past two weeks.

Dr Lal PathLabs rose 3.49% to Rs 860.70. The stock was fifth biggest gainer in A group. On the BSE, 17,000 shares were traded on the counter so far as against the average daily volumes of 20,000 shares in the past two weeks.

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Volumes jump at Mafatlal Industries counter
Jul 17,2017

Mafatlal Industries clocked volume of 7.57 lakh shares by 13:40 IST on BSE, a 113.87-times surge over two-week average daily volume of 7,000 shares. The stock surged 9.97% at Rs 300.

Siyaram Silk Mills notched up volume of 53,000 shares, a 50-fold surge over two-week average daily volume of 1,000 shares. The stock rose 2.05% at Rs 2,432.

Kansai Nerolac Paints saw volume of 1.56 lakh shares, a 16.15-fold surge over two-week average daily volume of 10,000 shares. The stock lost 1.19% at Rs 444.

Grasim Industries clocked volume of 12.73 lakh shares, a 15.37-fold surge over two-week average daily volume of 83,000 shares. The stock rose 2.86% at Rs 1,309.30.

Jay Bharat Maruti saw volume of 1.95 lakh shares, a 8.55-fold rise over two-week average daily volume of 23,000 shares. The stock jumped 8.82% at Rs 722.55.

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Adani Ports & Special Economic Zone to hold AGM
Jul 17,2017

Adani Ports & Special Economic Zone announced that the th Annual General Meeting(AGM) of the company on 9 August 2017.

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Polaris Consulting & Services allots 7,350 equity shares
Jul 17,2017

Polaris Consulting & Services has allotted 7,350 equity shares pursuant to exercise of vested ASOP options.

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Interworld Digital appoints CFO
Jul 17,2017

Interworld Digital has appointed Rachit Garg as CFO of the Company with effect from 15 July 2017.

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