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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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Sharp Investments to hold AGM
Sep 26,2016

Sharp Investments announced that the th Annual General Meeting(AGM) of the company on 29 September 2016.

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Kamat Hotels (India) to hold AGM
Sep 26,2016

Kamat Hotels (India) announced that the 29th Annual General Meeting(AGM) of the company on 24 September 2016.

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Gayatri Projects spurts about 10% in six sessions
Sep 26,2016

Meanwhile, the BSE Sensex was down 312.77 points, or 1.09%, to 28,355.45.

On BSE, so far 4,267 shares were traded in the counter, compared with average daily volume of 3,440 shares in the past one quarter. The stock hit a high of Rs 709 and a low of Rs 690.55 so far during the day. The stock hit a record high of Rs 790 on 23 September 2016. The stock hit a 52-week low of Rs 465 on 29 September 2015. The stock had underperformed the market over the past 30 days till 23 September 2016, falling 1.75% compared with 2.99% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 11.06% as against Sensexs 8.60% rise.

The small-cap company has equity capital of Rs 35.45 crore. Face value per share is Rs 10.

Shares of Gayatri Projects have risen 9.59% in six trading sessions from its close of Rs 635.25 on 15 September 2016.

The stock rose 1.65% in 686.70 on Friday, 23 September 2016, after the company said it secured a Rs 1255 crore contract in a joint venture with Russian construction company PTPS. The contract is for rehabilitation and upgradation of four laning of a highway in Odisha on engineering, procurement, and construction (EPC) mode. The announcement was made during market hours on Friday, 23 September 2016.

Gayatri Projects net profit jumped 50.83% to Rs 16.35 crore on 5.73% growth in total income to Rs 432.44 crore in Q1 June 2016 over Q1 June 2015.

Gayatri Projects is a Hyderabad-based infrastructure and construction company with a presence across the segment, and a special focus on road and irrigation projects.

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Marksans Pharma surges after getting USFDA approval for Loratadine
Sep 26,2016

The announcement was made during market hours today, 26 September 2016.

Meanwhile, the S&P BSE Sensex was down 323.75 points, or 1.13%, to 28,344.47

On BSE, so far 42.35 lakh shares were traded in the counter, compared with an average daily volume of 6.88 lakh shares in the past one quarter. The stock hit a high of Rs 53.85 and low of Rs 47.45 so far during the day. The stock hit a 52-week high of Rs 113.80 on 28 December 2015. The stock hit a 52-week low of Rs 33.45 on 1 March 2016. The stock had outperformed the market over the past 30 days till 23 September 2016, rising 16.85% compared with 2.99% rise in the Sensex. The scrip outperformed the market in past one quarter, rising 10.51% as against Sensexs 8.60% rise.

The small-cap company has an equity capital of Rs 40.93 crore. Face value per share is Re 1.

Marksans Pharma said that US Food and Drug Administration (USFDA) has granted approval to the company for an Abbreviated New Drug Application (ANDA) for Loratadine liquid filled capsules 10 mg. Loratadine liquid filled capsules 10 mg is therapeutically equivalent to the reference listed drug Claritin Liqui-Gels Capsules 10 mg of Bayer Healthcare LLC. Loratadine is an antihistamine that reduces the effects of natural chemical histamine in the body. Loratadine is used to treat sneezing, runny nose, watery eyes, hives, skin rash, itching and other allergy symptoms.

Marksans Pharmas consolidated net profit fell 96.76% to Rs 1.02 crore on 11.14% fall in net sales to Rs 186.75 crore in Q1 June 2016 over Q1 June 2015.

Marksans Pharma is engaged in research, manufacturing and marketing of generic pharmaceutical formulation in the global market.

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Ayepee Lamitubes to hold AGM
Sep 26,2016

Ayepee Lamitubes announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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UltraTech Cement to hold EGM
Sep 26,2016

UltraTech Cement announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 October 2016 .

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State Bank of Bikaner and Jaipur to hold board meeting
Sep 26,2016

State Bank of Bikaner and Jaipur will hold a meeting of the Board of Directors of the Company on 26 September 2016.

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Board of Wealth First Portfolio Managers recommends final dividend
Sep 26,2016

Wealth First Portfolio Managers announced that the Board of Directors of the Company at its meeting held on 28 May 2016, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Wealth First Portfolio Managers to hold board meeting
Sep 26,2016

Wealth First Portfolio Managers will hold a meeting of the Board of Directors of the Company on 28 May 2016.

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Nestle India changes packaging of MAGGI, NESCAFE and KITKAT
Sep 26,2016

Nestle India has brought about a change in packaging of their three most iconic brands, MAGGI, NESCAFE and KITKAT to support the girl child education in association with Nanhi Kali, one of the largest NGOs imparting education to underprivileged girl children across India. In an attempt to spread awareness for this critical issue of girl child education in India, Nestle has changed packaging of 100 million packs available on shelves by the end of September.

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Volumes jump at Vesuvius India counter
Sep 26,2016

Vesuvius India clocked volume of 1.07 lakh shares by 12:30 IST on BSE, a 302.64-times surge over two-week average daily volume of 354 shares. The stock fell 0.27% to Rs 980.

Crompton Greaves Consumer Electricals notched up volume of 67.16 lakh shares, a 135.04-fold surge over two-week average daily volume of 50,000 shares. The stock rose 0.51% to Rs 157.80.

Super Sales India saw volume of 1.55 lakh shares, a 30.28-fold surge over two-week average daily volume of 5,000 shares. The stock fell 0.01% to Rs 610.

Adlabs Entertainment clocked volume of 20.31 lakh shares, a 15.88-fold surge over two-week average daily volume of 1.28 lakh shares. The stock rose 13.87% to Rs 114.10.

NTPC saw volume of 27.89 lakh shares, a 13.84-fold rise over two-week average daily volume of 2.02 lakh shares. The stock fell 0.76% to Rs 155.70.

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Dilip Buildcon gains after winning two orders
Sep 26,2016

The announcements were made after market hours on Friday, 23 September 2016.

Meanwhile, the BSE Sensex was down 207.25 points, or 0.72%, to 28,460.97.

On BSE, so far 90,000 shares were traded in the counter, compared with average daily volume of 77,000 shares in the past two-weeks. The stock hit a high of Rs 248 and a low of Rs 238.60 so far during the day. The stock hit a record high of Rs 258.80 on 12 August 2016. The stock hit a record low of Rs 215.40 on 29 August 2016. The stock had underperformed the market over the past 30 days till 23 September 2016, rising 0.97% compared with 2.99% rise in the Sensex.

Shares of Dilip Buildcon were listed on the stock exchanges on 11 August 2016. On that day, the stock debuted at Rs 240, a premium of 9.59% over the initial public offer (IPO) price of Rs 219 per share.

The mid-cap company has equity capital of Rs 136.77 crore. Face value per share is Rs 10.

Dilip Buildcon (DBL) has received orders from Ministry of Road Transport and Highway (MORTH) and National Highways Authority of India (NHAI).

The project from MORTH involves rehabilitation and upgradation of Eeppurpalem - Ongole section from Km 195+000 to Km 254+500 of national highway (NH)-214A (New NH-216) to two lane with paved shoulder in the state of Andhra Pradesh under NHDP - IV on engineering, procurement and construction (EPC) basis at a project cost of Rs 350.01 crore having length of 57.874 Km and completion period of 24 months.

The Letter of Award from NHAI involves four laning with paved shoulders of NH-6 from Chichra to Kharagpur (Km 185.150 to Km 134.400) including rehabilitation of existing four lane road from Km 134.400 to Km 129.600 in the state of West Bengal under EPC mode with a project cost of 613.09 and completion period of 30 months.

DBLs consolidated net profit rose 124% to Rs 196.60 crore on 56% growth in net sales to Rs 4315.40 crore in the year ended 31 March 2016 (FY 2016) over the year ended 31 March 2015 (FY 2015).

DBL is one of the leading road-focused engineering, procurement and construction (EPC) contractors in India.

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Lakshmi Vilas Bank announces cessation of directors
Sep 26,2016

Lakshmi Vilas Bank announced that Pankaj Vaish and Prakash P Mallya, who served as Independent Directors of the bank retired on 25 September 2016 on completion of their tenure of appointment.

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Mahindra & Mahindra to issue NCDs aggregating Rs 475 crore
Sep 26,2016

Mahindra & Mahindra announced that the Loans & Investment Committee at its Meeting held on 26 September 2016, from 11:00 a.m. to 11.30 a.m., has approved issuance and offer of 4,750 Rated, Listed, Unsecured, Redeemable, 7.57% Non-Convertible Debentures of face value Rs. 10,00,000/- each (NCDs), at par, aggregating to Rs. 475 crore on private placement basis.

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Shares of Winro Commercial (India) get delisted from Calcutta Stock Exchange
Sep 26,2016

Winro Commercial (India) announced that the equity shares of the Company are voluntarily delisted from the Calcutta Stock Exchange with effect from 26 September 2016. The shares of Company will continue to be listed on BSE having nationwide trading terminals.

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