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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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PPAP Automotive to pay interim dividend for FY 2017
Oct 27,2016

PPAP Automotive announced that interim dividend of Rs 1.25 per share for FY 2017 will be paid on or after 21 November 2017.

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Oil & Natural Gas Corpn to pay interim dividend
Oct 27,2016

Oil & Natural Gas Corpn announced that interim dividend of Rs 4.50 per share for FY 2017 shall be paid from 07 November 2016.

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Maruti Suzuki retracts from record high after declaring Q2 result
Oct 27,2016

The result was announced during market hours today, 27 October 2016.

Meanwhile, the BSE Sensex was up 15.02 points, or 0.05%, to 27,851.53

On BSE, so far 1.71 lakh shares were traded in the counter, compared with average daily volume of 65,121 shares in the past one quarter. The stock hit a high of Rs 5,950.20 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 5,844 so far during the day. The stock hit a 52-week low of Rs 3,202.10 on 29 February 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 6.55% compared with 1.37% decline in the Sensex. The scrip also outperformed the market in past one quarter, surging 23.29% as against Sensexs 1.32% decline.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Maruti is Indias biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti (as per the shareholding pattern as on 30 September 2016).

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Board of Oil & Natural Gas Corpn approves interim dividend and bonus issue
Oct 27,2016

Oil & Natural Gas Corpn announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have

1. Approved Interim Dividend of Rs. 4.50 (Four rupees and fifty paisa only) per equity share of Rs. 5/- each, for the Financial Year 2016-17. Payment of interim dividend shall start from 07 November 2016.

2. Recommended the issue of bonus shares in the proportion of 1 (One) new equity share of Rs.5/- each for every 2 (Two) existing equity shares of Rs. 5/- each fully paid up of the Company, subject to the approval of the shareholders.

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Excel Crop Care scales record high after declaring good Q2 financials
Oct 27,2016

The Q2 result was announced after market hours yesterday, 26 October 2016.

Meanwhile, the S&P BSE Sensex was down 48.85 points or 0.18% at 27,787.66

On BSE, so far 4,455 shares were traded in the counter as against average daily volume of 3,047 shares in the past one quarter. The stock hit a high of Rs 1,970 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 1,798 so far during the day. The stock had hit a 52-week low of Rs 785 on 2 November 2015. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 31.49% compared with 1.37% decline in the Sensex. The scrip also outperformed the market in past one quarter, surging 41.5% as against Sensexs 1.32% decline.

The small-cap company has equity capital of Rs 5.50 crore. Face value per share is Rs 5.

Excel Crop Care manufactures agrochemicals, which includes insecticides, weedicides and fungicides.

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Transition to Direct-to-Consumer to Impact M&E Sector: Manoj Sinha
Oct 27,2016

Manoj Sinha, Minister of State for Communications (I / C) & Railways stated, n++Indias media and entertainment industry is going through a rapid transition to a direct-to-consumer world through new digital technologies. Curation, customization and convenience play a prime role in this disruptive environment.n++

Priyank Kharge, Minister of Information Technology & Biotechnology, Government of Karnataka, announced that the Karnataka government will soon come out with a center of excellence for the AVG sector. He invited startups to participate in this.

Sunil Kumar Singhal, Advisor, Telecom Regulatory Authority of India (TRAI), shared that TRAI is focusing on a homogeneous network to reach of broadband to the public across the country. He stated that India needs to focus on fixed network to back data, as otherwise monetizing the spectrum would be a challenge.

Vikram Chandra, CEO, NDTV, observed that content creators should not slow down creating or gathering content while awaiting new technologies for distribution and monetization.

T V Ramachandran, President, Broadband India Forum, said that innovative solutions to match growing demand for data are required, while a huge bandwidth goes waste.

Kaveree Bamzai , Editor of Robb Report and Editor (Special Projects), India Today, noted that education is central to create quality content. Arjun Pandey, CEO 24 Frames & Founder Delhipedia, focused on education quality. Harish Vaidyanathan, Director ISV, Microsoft India, felt that more needs to be invested at a government level to ensure seamless content delivery.

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Just Dial drops after poor Q2 result
Oct 27,2016

The result was announced before market hours today, 27 October 2016.

Meanwhile, the S&P BSE Sensex was down 43.10 points or 0.15% at 27,793.41

On BSE, so far 1.62 lakh shares were traded in the counter as against average daily volume of 3.06 lakh shares in the past one quarter. The stock hit a high of Rs 442.10 and a low of Rs 425.60 so far during the day. The stock had hit a 52-week high of Rs 1,018 on 27 October 2015. The stock had hit a record low of Rs 377.65 on 12 February 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 1.17% compared with 1.37% decline in the Sensex. The scrip, however, underperformed the market in past one quarter, sliding 17.12% as against Sensexs 1.32% decline.

The small-cap company has equity capital of Rs 70.57 crore. Face value per share is Rs 10.

Just Dial started offering local search services in 1996 under the Just Dial brand and is now the leading local search engine in India.

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Pennar Engineered Building Systems to hold board meeting
Oct 27,2016

Pennar Engineered Building Systems will hold a meeting of the Board of Directors of the Company on 7 November 2016, to consider and approve the Unaudited Financial Results (Standalone) of the Company for the quarter ended 30 September 2016.

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Magma Fincorp to hold board meeting
Oct 27,2016

Magma Fincorp will hold a meeting of the Board of Directors of the Company on 3 November 2016, to take on record and approve the Unaudited Financial Results (Standalone as well as Consolidated) for the quarter and half year ended 30 September 2016.

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GP Petroleums to hold board meeting
Oct 27,2016

GP Petroleums will hold a meeting of the Board of Directors of the Company on 9 November 2016 Quarterly Results

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Rubra Medicaments to hold board meeting
Oct 27,2016

Rubra Medicaments will hold a meeting of the Board of Directors of the Company on 10 November 2016, to discuss and approve the unaudited Financial Result for the quarter and half year ended on 30 September 2016.

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Dynavision to hold board meeting
Oct 27,2016

Dynavision will hold a meeting of the Board of Directors of the Company on 12 November 2016, to Consider and take on Record the Un-Audited Financial Results for the Quarter/ Half year ended 30 September 2016.

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Tainwala Chemicals& Plastics (India) to hold board meeting
Oct 27,2016

Tainwala Chemicals& Plastics (India) will hold a meeting of the Board of Directors of the Company on 7 November 2016 Quarterly Results

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Sysco Industries to hold board meeting
Oct 27,2016

Sysco Industries will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and approve the standalone unaudited financial results of the Company for the half year ended 30 September 2016.

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Narayani Steels to hold board meeting
Oct 27,2016

Narayani Steels will hold a meeting of the Board of Directors of the Company on 11 November 2016, to take note and approve the un-audited Financial Results for the half yearly ended (April 01, 2016, to 30 September 2016)

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