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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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Larsen & Toubro to hold AGM
Jun 14,2017

Larsen & Toubro announced that the th Annual General Meeting(AGM) of the company on 22 August 2017.

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Bajaj Auto to pay dividend
Jun 14,2017

Bajaj Auto announced that dividend, if approved at the AGM, will be credited on 24 - 25 July 2017.

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Bajaj Finserv to pay dividend
Jun 14,2017

Bajaj Finserv announced that dividend, if declared at the AGM, will be dispatched between 24 July to 25 July 2017.

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Viaan Industries to launch Match Indian Poker League
Jun 14,2017

Viaan Industries has signed an agreement with International Federation of Poker to launch Match Indian Poker Leaque (Match IPL) which will see city based teams compete in the worlds first professional match poker league.

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Chambal Fertilisers rises after striking deal for purchase of gas
Jun 14,2017

The announcement was made during trading hours today, 14 June 2017.

Meanwhile, the S&P BSE Sensex was down 8.27 points, or 0.03% to 31,095.22.

On the BSE, 1.24 lakh shares were traded in the counter so far, compared with average daily volumes of 3.32 lakh shares in the past one quarter. The stock had hit a high of Rs 130.55 and a low of Rs 126.55 so far during the day. The stock hit a record high of Rs 138 on 10 May 2017. The stock hit a 52-week low of Rs 53.70 on 17 November 2016.

The stock had underperformed the market over the past one month till 13 June 2017, falling 2.01% compared with 2.58% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 54.53% as against Sensexs 5.80% rise. The scrip had also outperformed the market in past one year, rising 88.91% as against Sensexs 17.84% rise.

The mid-cap company has equity capital of Rs 416.21 crore. Face value per share is Rs 10.

Chambal Fertilisers and Chemicals said initial supply date will occur between 1 April 2018 and 1 July 2019. The gas is being purchased mainly for new urea plant of the company being set up at the existing site at Gadepan in Kota, Rajasthan. However, the gas can also be used at the existing plants of the company at Gadepan in Kota, Rajasthan.

Chambal Fertilisers & Chemicals reported net profit of Rs 27.15 crore in Q4 March 2017 as against net loss of Rs 131.16 crore in Q4 March 2016. Net sales declined 23.63% to Rs 1072.76 crore in Q4 March 2017 over Q4 March 2016.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India.

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Bank of India allots 1.75 crore equity shares
Jun 14,2017

Bank of India has allotted 1,75,00,000 fresh equity shares of Rs. 10/- each to Life Insurance Corporation of India at a price of Rs. 126.81 per share.

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Lux Inds spurts as Reliance MF buys shares
Jun 14,2017

Meanwhile, the S&P BSE Sensex was up 0.09 points at 31,103.58. The S&P BSE Small-Cap index fell 8.48 points or 0.05% at 15,509.45.

On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 98,000 shares in the past two weeks.

The stock had hit a high of Rs 970 so far during the day, which is a record high. The stock hit a low of Rs 930 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

Valuead Securities sold 5.62 lakh shares of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the BSE yesterday, 13 June 2017. Reliance Mutual Fund bought 4.44 lakh shares at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries net profit rose 26.9% to Rs 19.59 crore on 3.6% growth in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

Lux Industries makes various kinds of hosiery products for men, women and children.

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Bajaj Finance allots NCDs aggregating Rs 1025 crore
Jun 14,2017

Bajaj Finance has allotted 10,250 secured redeemable non-convertible debentures of face value of Rs 10 lakh each aggregating Rs 1025 crore on private placement basis on 13 June 2017.

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Veer Energy & Infrastructure to hold board meeting
Jun 14,2017

Veer Energy & Infrastructure will hold a meeting of the Board of Directors of the Company on 15 June 2017.

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Bajaj Finserv to hold board meeting
Jun 14,2017

Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 19 July 2017.

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Bajaj Auto to hold board meeting
Jun 14,2017

Bajaj Auto will hold a meeting of the Board of Directors of the Company on 20 July 2017.

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Bajaj Holdings & Investment to hold board meeting
Jun 14,2017

Bajaj Holdings & Investment will hold a meeting of the Board of Directors of the Company on 20 July 2017.

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India Infraspace to hold board meeting
Jun 14,2017

India Infraspace will hold a meeting of the Board of Directors of the Company on 15 June 2017.

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Anjani Foods to hold board meeting
Jun 14,2017

Anjani Foods will hold a meeting of the Board of Directors of the Company on 16 June 2017.

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Glenmark Pharmaceuticals gets tentative approval of Saxagliptin Tablets
Jun 14,2017

Glenmark Pharmaceuticals has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Saxagliptin Tablets, 2.5 mg and 5 mg, the generic version of Onglyzan++ Tablets, 2.5 mg and 5 mg of AstraZeneca AB.

According to IMS Health sales data for the 12 month period ending April 2017, the Onglyzan++ Tablets, 2.5 mg and 5 mg market1 achieved annual sales of approximately $518.5 million.

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