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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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Surana Solar to announce December quarter results
Jan 27,2017

Surana Solar announced a meeting of the Board of Directors of the Company is scheduled to be held on 10 February 2017, inter alia, to consider the Un-Audited Financial Results of the Company for the Quarter ended 31 December 2016.

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Board of Gujarat Foils to consider Q3 results
Jan 27,2017

Gujarat Foils announced that a meeting of the Board of Directors of the Company will be held on 07 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Third Quarter on 31 December 2016.

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Board of Mystic Electronics approves change in directorate
Jan 27,2017

Mystic Electronics announced that the meeting of the Board of Directors of the Company held on 27 January 2017, wherein the following matters were considered and approved:

1. The appointment of Manisha Swami as Company secretary of the Company with immediate effect i.e. from 27 January 2017.

2. The resignation of Madhumati Gawade as women Director of the company with the immediate effect i.e. from 27 January 2017.

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City Union Bank to announce Q3 results
Jan 27,2017

City Union Bank announced that a meeting of the Board of Directors of the Bank will be held on 08 February 2017, inter alia, to consider the Un-audited Financial Results of the Bank for the quarter ended 31 December 2016 (Q3), subject to a limited review by the Statutory Auditors.

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Orient Beverages to consider December quarter results
Jan 27,2017

Orient Beverages announced that a meeting of the Board of Director of the Company will be held on 13 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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ABM Knowledgeware to announce December quarter results
Jan 27,2017

ABM Knowledgeware announced that the Meeting of the Board of Directors of the Company will be held on 04 February 2017, to consider and take on record the Unaudited Financial results for the quarter ended 31 December 2016.

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Larsen & Toubro secures new orders
Jan 27,2017

Larsen & Toubro announced that its construction arm has won orders worth Rs 1286 crore across its various business segments. These orders include among others, an order for the Ahmedabad metro project; construction of an iron ore berth in Paradip, Odisha; and construction of paint manufacturing facility in Vizag.

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Jindal Stainless (Hisar) to announce December quarter results
Jan 27,2017

Jindal Stainless (Hisar) announced that the meeting of the Board of Directors of the Company will be held on 08 February 2017, inter alia, to consider and approve the unaudited standalone financial results of the Company for the quarter / period ended 31 December 2016.

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Colgate-Palmolive declines after poor Q3 numbers
Jan 27,2017

The result was announced during market hours today, 27 January 2017.

Meanwhile, the S&P BSE Sensex was up 164.40 points or 0.59% at 27,872.54.

On the BSE, 73,000 shares were traded on the counter so far as against the average daily volumes of 24,771 shares in the past one quarter. The stock had hit a high of Rs 924 and a low of Rs 877 so far during the day.

The stock had hit a 52-week high of Rs 1,032.85 on 8 August 2016 and a 52-week low of Rs 787.60 on 24 May 2016. The stock had underperformed the market over the past one month till 25 January 2017, declining 0.56% compared with the Sensexs 6.4% rise. The scrip had also underperformed the market over the past one quarter, sliding 4.87% as against the Sensexs 1.36% fall.

The large-cap company has equity capital of Rs 27.20 crore. Face value per share is Rs 1.

Colgate-Palmolive (India) makes oral care products.

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Rander Corporation announces resignation of director
Jan 27,2017

Rander Corporation announced that Arup Kumar Chattaraj, Executive Director of the Company, has resigned from the Board of Directors of the Company.

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L&T slips amid intraday volatility
Jan 27,2017

Meanwhile, the S&P BSE Sensex was up 190.44 points or 0.69% at 27,898.58.

On the BSE, 1.02 lakh shares were traded on the counter so far as against the average daily volumes of 2.22 lakh shares in the past one quarter. The stock was volatile. The stock lost as much as 0.53% at the days low of Rs 1,441.70 so far during the day. The stock rose as much as 1.38% at the days high of Rs 1,469.50 so far during the day.

The stock had hit a 52-week high of Rs 1,615 on 27 July 2016 and a 52-week low of Rs 1,016.60 on 12 February 2016. The stock had outperformed the market over the past one month till 25 January 2017, gaining 8.41% compared with the Sensexs 6.4% rise. The scrip had, however, underperformed the market over the past one quarter, sliding 2.35% as against the Sensexs 1.36% fall.

The large-cap company has equity capital of Rs 186.54 crore. Face value per share is Rs 2.

L&T during market hours today, 27 January 2017 said its construction division has secured orders worth Rs 1286 crore across its various business segments.

On a consolidated basis, L&Ts net profit jumped 84.3% to Rs 1434.63 crore on 8.5% growth in net sales to Rs 24923.98 crore in Q2 September 2016 over Q2 September 2015. The company is scheduled to announce Q3 December 2016 results tomorrow, 28 January 2017.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with $16 billion in revenue. L&T Construction is a brand of L&T.

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Volumes jump at ITD Cementation India counter
Jan 27,2017

ITD Cementation India clocked volume of 3.1 lakh shares by 14:30 IST on BSE, a 25.53-times surge over two-week average daily volume of 12,000 shares. The stock fell 0.7% to Rs 164.

Ashok Leyland notched up volume of 1.32 crore shares, a 14.84-fold surge over two-week average daily volume of 8.95 lakh shares. The stock rose 5.95% to Rs 91.75.

Ashok Leylands net profit dropped 13.02% to Rs 185.88 crore on 6.01% rise in total income to Rs 4390.71 crore in Q3 December 2016 over Q3 December 2015. The announcement was made after market hours on Wednesday, 25 January 2017.

Adani Enterprises saw volume of 30.5 lakh shares, a 9.55-fold surge over two-week average daily volume of 3.19 lakh shares. The stock jumped 12.78% to Rs 90.

Bharti Infratel clocked volume of 4.26 lakh shares, a 6.91-fold surge over two-week average daily volume of 62,000 shares. The stock rose 1% to Rs 354.85.

Balrampur Chini Mills saw volume of 11.45 lakh shares, a 6.65-fold rise over two-week average daily volume of 1.72 lakh shares. The stock declined 0.14% to Rs 144.05.

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ITC drops from 52-week high on profit booking
Jan 27,2017

Meanwhile, the S&P BSE Sensex was up 242.07 points or 0.87% at 27,950.21.

On the BSE, 14.72 lakh shares were traded on the counter so far as against the average daily volumes of 9.11 lakh shares in the past one quarter. The stock had hit a high of Rs 266.70 so far during the day, which is a 52-week high. The stock hit a low of Rs 259.15 so far during the day.

The stock had hit a 52-week low of Rs 178.67 on 29 February 2016. The stock had outperformed the market over the past one month till 25 January 2017, advancing 17.82% compared with the Sensexs 6.4% rise. The scrip had also outperformed the market over the past one quarter, gaining 10.93% as against the Sensexs 1.36% fall.

The large-cap company has equity capital of Rs 1212.61 crore. Face value per share is Rs 1.

Shares of ITC had gained 5.55% in the preceding five trading sessions to settle at Rs 264.85 on Wednesday, 25 January 2017, from its close of Rs 250.90 on 18 January 2017.

ITCs net profit rose 5.71% to Rs 2646.73 crore on 4.75% growth in total income to Rs 14257.91 crore in Q3 December 2016 over Q3 December 2015.

Revenue from the cigarette segment rose 2.24% to Rs 8287.97 crore in Q3 December 2016 over Q3 December 2015.

ITC is a diversified company, with presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

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Ruia Aquaculture Farms reports standalone net loss of Rs 0.04 crore in the December 2016 quarter
Jan 27,2017

Net Loss of Ruia Aquaculture Farms reported to Rs 0.04 crore in the quarter ended December 2016 as against net loss of Rs 0.01 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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V2 Retail standalone net profit rises 245.19% in the December 2016 quarter
Jan 27,2017

Net profit of V2 Retail rose 245.19% to Rs 33.38 crore in the quarter ended December 2016 as against Rs 9.67 crore during the previous quarter ended December 2015. Sales rose 55.71% to Rs 152.81 crore in the quarter ended December 2016 as against Rs 98.14 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales152.8198.14 56 OPM %-3.919.54 - PBDT16.3310.44 56 PBT14.519.24 57 NP33.389.67 245

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