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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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Knitworth Exports to hold AGM
Sep 16,2016

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

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Maha Rashtra Apex Corporation to hold AGM
Sep 16,2016

Maha Rashtra Apex Corporation announced that the th Annual General Meeting(AGM) of the company on 29 September 2016.

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Kirloskar Electric Company to hold AGM
Sep 16,2016

Kirloskar Electric Company announced that the 69th Annual General Meeting(AGM) of the company on 26 September 2016.

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Integrated Hitech to hold AGM
Sep 16,2016

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

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Raghava Estates & Properties to hold AGM
Sep 16,2016

Raghava Estates & Properties announced that the th Annual General Meeting(AGM) of the company on 29 September 2016.

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Indo-Global Enterprises to hold AGM
Sep 16,2016

Indo-Global Enterprises announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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JLA Infraville Shoppers to hold AGM
Sep 16,2016

JLA Infraville Shoppers announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Tirupati Inks to hold AGM
Sep 16,2016

Tirupati Inks announced that the 32th Annual General Meeting(AGM) of the company on 30 September 2016.

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Mahagun India Pvt to hold AGM
Sep 16,2016

Mahagun India Pvt announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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HCL Technologies to hold AGM
Sep 16,2016

HCL Technologies announced that the th Annual General Meeting(AGM) of the company on 27 September 2016.

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Dr Reddys gains after expanding strategic collaboration with Amgen in India
Sep 16,2016

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

Meanwhile, the S&P BSE Sensex was up 170.30 points or 0.6% at 28,582.25.

On BSE, so far 12,741 shares were traded in the counter as against average daily volume of 39,288 shares in the past one quarter. The stock hit a high of Rs 3,177.50 and a low of Rs 3,155 so far during the day. The stock had hit a record high of Rs 4,382.95 on 20 October 2015. The stock had hit a 52-week low of Rs 2,750 on 21 January 2016. The stock had outperformed the market over the past one month till 15 September 2016, gaining 4.55% compared with 0.93% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, gaining 1.83% as against Sensexs 6.31% rise.

The large-cap company has equity capital of Rs 85.39 crore. Face value per share is Rs 5.

Dr Reddys Laboratories announced that it has expanded its strategic collaboration with Amgen, one of the worlds leading independent biotechnology companies, to market and distribute three of Amgens medicines in India in the therapy areas of oncology and osteoporosis. Under the terms of the collaboration, Dr Reddys will commercialise XGEVA (denosumab), Vectibix (panitumumab) and Prolia (denosumab) in India.

In 2015, Dr Reddys announced an initial strategic collaboration with Amgen to execute a full range of regulatory and commercial services to seek approval of and launch Amgens Kyprolis (carfilzomib), BLINCYTO (blinatumomab) and Repatha (evolocumab) in India. The collaboration leverages the capabilities of both companies, combining Amgens innovative therapies with Dr Reddys deep understanding of patient and physician needs in India.

Dr Reddys Laboratories consolidated net profit fell 76.3% to Rs 153.50 crore on 14% decline in net sales to Rs 3212.30 crore in Q1 June 2016 over Q1 June 2015.

Dr Reddys Laboratories is an integrated global pharmaceutical company. It offers a portfolio of products and services including active pharmaceutical ingredients (APIs), custom pharmaceutical services, generics, biosimilars and differentiated formulations.

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Orient Paper drops on profit booking
Sep 16,2016

Meanwhile, the S&P BSE Sensex was up 157.86 points or 0.56% at 28,570.75.

On BSE, so far 4.46 lakh shares were traded in the counter as against average daily volume of 2.04 lakh shares in the past one quarter. The stock hit a high of Rs 82.80 and a low of Rs 76 so far during the day. The stock had hit a 52-week high of Rs 84.30 yesterday, 15 September 2016. The stock had hit a 52-week low of Rs 23.35 on 9 November 2015. The stock had outperformed the market over the past one month till 15 September 2016, surging 36.42% compared with 0.93% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 67.05% as against Sensexs 6.31% rise.

The small-cap company has equity capital of Rs 20.49 crore. Face value per share is Rs 1.

Shares of Orient Paper & Industries had rallied 9.86% in the preceding two trading sessions to settle at Rs 79.60 yesterday, 15 September 2016, from its close of Rs 72.45 on 12 September 2016.

Orient Paper & Industries board of directors at its meeting held yesterday, 15 September 2016, accorded in-principle consent for vertical demerger of consumer electric business of the company into a wholly owned subsidiary. The in-principle decision to demerge the electric division is to facilitate both paper and consumer electric businesses to focus on their core competencies and to pursue their independent strategies.

The companys board also decided to raise capital through rights issue of equity shares of the company for an amount aggregating to Rs 50 crore at a ratio, price, record date and other matters to be fixed at a later date, subject to necessary approvals.

Orient Paper & Industries reported net loss of Rs 3.43 crore in Q1 June 2016 as against net loss of Rs 5.90 crore in Q1 June 2015. Net sales declined 5.2% to Rs 392.34 crore in Q1 June 2016 over Q1 June 2015.

Orient Paper & Industries is engaged in the manufacture and sale of paper with a wide range of writing, printing, industrial and specialty papers.

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Essel Propack gains after announcing fund raising plans
Sep 16,2016

The announcement was made after market hours yesterday, 15 September 2016.

Meanwhile, the S&P BSE Sensex was up 177.98 points or 0.63% at 28,590.87.

On BSE, so far 703 shares were traded in the counter as against average daily volume of 9,353 shares in the past one quarter. The stock hit a high of Rs 219.75 and a low of Rs 213.25 so far during the day. The stock had hit a record high of Rs 233.10 on 25 August 2016. The stock had hit a 52-week low of Rs 132.50 on 20 January 2016. The stock had underperformed the market over the past one month till 15 September 2016, falling 0.98% compared with 0.93% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 12.92% as against Sensexs 6.31% rise.

The mid-cap company has equity capital of Rs 31.42 crore. Face value per share is Rs 2.

Essel Propack said commercial papers relating to secured working capital facilities will be issued on 20 September 2016 and have tenure of 90 days.

Essel Propacks consolidated net profit rose 6% to Rs 37.62 crore on 6.3% fall in net sales to Rs 517.64 crore in Q1 June 2016 over Q1 June 2015.

Essel Propack is a part of the Essel Group and is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space.

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Corporate Courier & Cargo to hold AGM
Sep 16,2016

Corporate Courier & Cargo announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Diamant Infrastructure to hold AGM
Sep 16,2016

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

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