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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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Board of Tamilnadu Jai Bharath Mills to consider change in directorate
Dec 16,2016

Tamilnadu Jai Bharath Mills announced that a meeting of Board of Directors of the Company is proposed to be held on 24 December 2016, to consider the resignation of D. Senthilkumar as a Executive Director and Whole Time Director and to continue as a Director of the Company.

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A2Z Infra Engg advances after its subsidiary wins contract
Dec 16,2016

The announcement was made during market hours today, 16 December 2016.

Meanwhile, the S&P BSE Sensex was down 10.90 points or 0.04% at 26,508.17.

On the BSE, 3.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.87 lakh shares in the past one quarter. The stock had hit a high of Rs 44 and a low of Rs 41.75 so far during the day. The stock had hit a 52-week high of Rs 51.65 on 1 November 2016 and a 52-week low of Rs 16.50 on 12 February 2016.

The stock had outperformed the market over the past one month till 15 December 2016, gaining 15.66% compared with the 0.82% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 9.35% as against Sensexs 6.67% decline.

The small-cap company has equity capital of Rs 130.10 crore. Face value per share is Rs 10.

A2Z Infra Engineering announced that Delhi Metro Rail Corporation (DMRC), a joint venture of Government of India and Government of Delhi has awarded three facility management services contacts to A2Z Infraservices, a material subsidiary of the company.

The aggregate value of the contracts is Rs 39.31 crore, excluding service tax with additional increase in actual wages.

A2Z Infra Engineering reported net loss of Rs 16.65 crore in Q2 September 2016, higher than net loss of Rs 8.40 crore in Q2 September 2015. The companys net sales declined 42.7% to Rs 149.38 crore in Q2 September 2016 over Q2 September 2015.

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services) is a fast growing, fully integrated electrical business group (EBG) in India catering to the needs of domestic and international power sector clients in building distribution and transmission infrastructure.

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A2Z Infra Engg advances after contract win by its subsidiary
Dec 16,2016

The announcement was made during market hours today, 16 December 2016.

Meanwhile, the S&P BSE Sensex was down 10.90 points or 0.04% at 26,508.17.

On the BSE, 3.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.87 lakh shares in the past one quarter. The stock had hit a high of Rs 44 and a low of Rs 41.75 so far during the day. The stock had hit a 52-week high of Rs 51.65 on 1 November 2016 and a 52-week low of Rs 16.50 on 12 February 2016.

The stock had outperformed the market over the past one month till 15 December 2016, gaining 15.66% compared with the 0.82% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 9.35% as against Sensexs 6.67% decline.

The small-cap company has equity capital of Rs 130.10 crore. Face value per share is Rs 10.

A2Z Infra Engineering announced that Delhi Metro Rail Corporation (DMRC), a joint venture of Government of India and Government of Delhi has awarded three facility management services contacts to A2Z Infraservices, a material subsidiary of the company.

The aggregate value of the contracts is Rs 39.31 crore, excluding service tax with additional increase in actual wages.

A2Z Infra Engineering reported net loss of Rs 16.65 crore in Q2 September 2016, higher than net loss of Rs 8.40 crore in Q2 September 2015. The companys net sales declined 42.7% to Rs 149.38 crore in Q2 September 2016 over Q2 September 2015.

A2Z Infra Engineering (formerly known as A2Z Maintenance & Engineering Services) is a fast growing, fully integrated electrical business group (EBG) in India catering to the needs of domestic and international power sector clients in building distribution and transmission infrastructure.

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Board of Suzlon Energy appoints CFO
Dec 16,2016

Suzlon Energy announced that the Board of Directors of the Company at its Meeting held on 16 December 2016 (which commenced at 12.00 p.m. and concluded at 1.30 p.m.), has approved the appointment of Sanjay Baweja as the Chief Financial Officer of the Company, with effect from 19 December 2016. Kirti Vagadia will continue in his position and will focus on strategy, shareholder and board related matters at the Group level.

Sanjay Baweja is not related to any of the Directors of the Company.

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Hazoor Multi Projects to hold board meeting
Dec 16,2016

Hazoor Multi Projects announced that a meeting of the Board of Directors of the Company is scheduled to be held on 26 December 2016, inter alia, to consider the followings:

- Management Discussion & Analysis.

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Volumes jump at Clariant Chemicals (India) counter
Dec 16,2016

Clariant Chemicals (India) clocked volume of 31.92 lakh shares by 13:53 IST on BSE, a 884.41-times surge over two-week average daily volume of 4,000 shares. The stock rose 5.16% to Rs 738.20.

KEI Industries notched up volume of 36.69 lakh shares, a 186.52-fold surge over two-week average daily volume of 20,000 shares. The stock rose 5.81% to Rs 126.55.

Shree Cement saw volume of 61,000 shares, a 102.75-fold surge over two-week average daily volume of 1,000 shares. The stock fell 1.12% to Rs 14,529.95.

Crompton Greaves Consumer Electricals clocked volume of 20.69 lakh shares, a 84.85-fold surge over two-week average daily volume of 24,000 shares. The stock rose 0.95% to Rs 143.

PTC India saw volume of 61.32 lakh shares, a 68.77-fold rise over two-week average daily volume of 89,000 shares. The stock rose 2.27% to Rs 76.60.

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Havells India leads losers in A group
Dec 16,2016

Havells India slipped 4.44% at Rs 321.50. The stock was the second biggest loser in A group. On the BSE, 74,000 shares were traded on the counter so far as against the average daily volumes of 84,000 shares in the past two weeks.

Edelweiss Financial Services fell 4.1% to Rs 84.30. The stock was the third biggest loser in A group. On the BSE, 1.83 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past two weeks.

Jaiprakash Power Ventures shed 4.09% to Rs 3.75 at 13:45 IST. The stock topped the losers in the BSEs A group. On the BSE, 5.09 lakh shares were traded on the counter so far as against the average daily volumes of 1.56 lakh shares in the past two weeks.

Hindalco Industries declined 3.55% to Rs 169.90. The stock was the fourth biggest loser in A group. On the BSE, 6.99 lakh shares were traded on the counter so far as against the average daily volumes of 10.63 lakh shares in the past two weeks.

Intellect Design Arena dropped 3.42% at Rs 156.50. The stock was the fifth biggest loser in A group. On the BSE, 1.53 lakh shares were traded on the counter so far as against the average daily volumes of 3.27 lakh shares in the past two weeks.

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A2Z Infra Engineerings subsidiary secures contract for Rs 39.31 crore
Dec 16,2016

A2Z Infra Engineering announced that Delhi Metro Rail Corporation (A Joint Venture of Government of India and Government of Delhi) (DMRC) has awarded three facility management services contacts to A2Z Infraservices (a material subsidiary of the Company).

The aggregate value of the said contracts is Rs 39.31 crore excluding Service Tax with additional increase in actual wages and corresponding EPF & ESI.

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Vaibhav Global provides update on US subsidiary - Liquidation Channel
Dec 16,2016

Vaibhav Globals US subsidiary Liquidation Channel (LC) has announced that it was named an Owler HOT in 2016 winner in Austin. Liquidation Channel (LC) is an Omni-channel business comprised of a home shopping TV network, an ecommerce business, and an outside sales/wholesale segment.

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Shree Krishna Paper Mills & Industries director resigns
Dec 16,2016

Shree Krishna Paper Mills & Industries announced that the Company has received a resignation letter from L. C. Parashar, Non-Executive Independent Director, resigning from the directorship of Shree Krishna Paper Mills & Industries which has been accepted by the Board with effect from 15 December 2016.

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Alfa Ica (India) appoints company secretary
Dec 16,2016

Alfa Ica (India) announced Sejal Motibhai Kanabi has been appointed as the Company Secretary and Compliance Officer of the Company with effect from 15 December 2016.

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Force Motors temporarily shuts down plants
Dec 16,2016

Force Motors will be undertaking a shutdown for Annual scheduled maintenance for some of its plants from 19 December 2016.

There would not be any adverse impact on the availability of the products in the market due to adequacy of stocks, hence do not envisage any financial impact.

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Quess Corp allots equity shares
Dec 16,2016

Quess Corp announced that, on 16 December 2016, the Company has allotted 42,210 equity shares of Rs.10/- each to the employees who have exercised options under the Companys Employee Stock Option Plan of the Company. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

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Anuh Pharma gets approval for manufacturing site for two products
Dec 16,2016

Anuh Pharma announced that following the inspection of manufacturing site of Anuh Pharma at E-17/3 and E-17/4, M.I.D.C. Tarapur, Taluka Palghar, District Thane 401506, Boisar, Maharashtra, India on 16 September 2016 by World Health Organisation (WHO) Geneva for the below mentioned products:

- Pyrazinamide APIMF158

- Sulfadoxine APIMF234

Considers the site in compliance to WHO GMPs for above mentioned Active Pharmaceutical Ingredients.

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Anuh Pharma gets EUGMP Certificate for two products
Dec 16,2016

Anuh Pharma announced that following the inspection of manufacturing site of Anuh Pharma at E-17/3 and E-17/4, M.I.D.C. Tarapur, Taluka Palghar, District Thane 401506, Boisar, Maharashtra, India on 16 September 2016 by French Naional Agency for Medicines and Health Products Safety (ANSM) for the below mentioned products:

- Erythromycin Ethyl Succinate

- Pyrazinamide

Considers the site in compliance with principles of GMP for active substances referred to in Article 47 of Directive 2001/83/EC and has granted EUGMP Certificate for the above mentioned products.

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