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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 Transpek Industry recommends final dividend
Jun 13,2017

Transpek Industry announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.

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Board of Zenith Fibres recommends final dividend
Jun 13,2017

Zenith Fibres announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Board of Sinclairs Hotels recommends final dividend
Jun 13,2017

Sinclairs Hotels announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Board of Saksoft recommends final dividend
Jun 13,2017

Saksoft announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Board of West Leisure Resorts recommends final dividend
Jun 13,2017

West Leisure Resorts announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 1%) , subject to the approval of the shareholders.

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Board of Vivid Global Industries recommends final dividend
Jun 13,2017

Vivid Global Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Board of Sun Pharmaceuticals Industries recommends final dividend
Jun 13,2017

Sun Pharmaceuticals Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2017, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 350%) , subject to the approval of the shareholders.

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Golden Capital Services announces change in directorate
Jun 13,2017

Golden Capital Services has appointed Bhavin Shah as an Additional Director and Managing Director with effect from 12 June 2017 and accepted the resignation of Jaimin Shah from the post of Managing Director with effect from 12 June 2017. Kuldeep Singh Shaktawat has also resigned from directorship with effect from 12 June 2017.

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M M Forgings announces change in registered office
Jun 13,2017

M M Forgings has announced change in registered office from 95, Anna salai, Guindy, Chennai - 600032 to SVK Towers, A 24/25, Thiru Vi KA Industrial estate, Guindy, Chennai - 600032.

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Welspun Enterprises corrects on profit booking
Jun 13,2017

Meanwhile, the S&P BSE Sensex was up 16.58 points, or 0.05% to 31,112.28.

On the BSE, 10.72 lakh shares were traded in the counter so far, compared with average daily volumes of 3.49 lakh shares in the past one quarter. The stock had hit a high of Rs 113.70 so far during the day, which is also a 52-week high for the counter. The stock had hit a low of Rs 105.35 so far during the day. The stock hit a 52-week low of Rs 54 on 22 November 2016.

The stock had outperformed the market over the past one month till 12 June 2017, rising 17.27% compared with 3.01% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 59.34% as against Sensexs 5.61% rise. The scrip had also outperformed the market in past one year, rising 73.97% as against Sensexs 17.80% rise.

The small-cap company has equity capital of Rs 147.29 crore. Face value per share is Rs 10.

Shares of Welspun Enterprises rose 18.11% in four trading sessions to settle at Rs 107.95 yesterday, 12 June 2017, from its close of Rs 91.40 on 6 June 2017.

Net profit of Welspun Enterprises rose 276.06% to Rs 17.75 crore on 148.51% rise in net sales to Rs 181.49 crore in Q4 March 2017 over Q4 March 2016.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in oil & gas exploration.

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Welspun Corp announces resignation of director
Jun 13,2017

Welspun Corp announces Braja Mishra, Director has submitted his resignation from the position of Director w.e.f. 07 June 2017.

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Petronet LNG announces cessation of directors
Jun 13,2017

Petronet LNG announced that Eric Ebelin has resigned as Nominee Director of GDFI. Uday Akram has also vacated his office as Alternate Director to Eric Ebelin.

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Emkay Global gallops 61.5% in six trading sessions
Jun 13,2017

Meanwhile, the S&P BSE Sensex was up 15.50 points or 0.05% at 31,111.20. The S&P BSE Small-Cap index rose 68.72 points or 0.44% at 15,522.78.

On the BSE, 2.03 lakh shares were traded on the counter so far as against the average daily volumes of 97,000 shares in the past two weeks. The stock had hit a high of Rs 141.05 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 128.25 so far during the day. The stock had hit a 52-week low of Rs 51 on 22 November 2016.

The stock had outperformed the market over the past one month till 12 June 2017, advancing 37.24% compared with the Sensexs 3.01% rise. The stock had also outperformed the market over the past one quarter, gaining 89.72% as against the Sensexs 7.43% rise. The scrip had also outperformed the market over the past one year, surging 99.77% as against the Sensexs 16.74% rise.

The small-cap company has equity capital of Rs 24.45 crore. Face value per share is Rs 10.

Shares of Emkay Global Financial Services have rallied 61.57% in six trading sessions to its ruling market price from its closing of Rs 85.10 on 5 June 2017.

On consolidated basis, Emkay Global Financial Services net profit surged 95.2% to Rs 4.04 crore on 23% growth in total income to Rs 32.01 crore in Q4 March 2017 over Q4 March 2016.

Emkay Global Financial Services is involved in providing financial services and solutions, such as investment banking, institutional equities, private client broking and depository services.

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Page Industries drops on profit booking
Jun 13,2017

Meanwhile, the S&P BSE Sensex was up 103.64 points, or 0.33% at 31,199.34.

On the BSE, 604 shares were traded on the counter so far as against the average daily volumes of 3,622 shares in the past two weeks. The stock had hit a high of Rs 16,459 and a low a low of Rs 15,855.95 so far during the day. The stock had hit a record high of Rs 17,351.51 on 24 October 2016 and a 52-week low of Rs 12,360 on 24 November 2016.

The stock had outperformed the market over the past one month till 12 June 2017, advancing 9.47% compared with the Sensexs 3.01% rise. The scrip had also outperformed the market over the past one quarter advancing 14.62% as against the Sensexs 7.43% rise. The scrip had also outperformed the market over the past one year advancing 19.54% as against the Sensexs 16.74% rise.

The large-cap company has equity capital of Rs 11.15 crore. Face value per share is Rs 10.

Page Industries had rallied 9.96% in the preceding three trading sessions to settle at Rs 16,350.45 yesterday, 12 June 2017, from its closing of Rs 14,869.15 on 7 June 2017.

Page Industries net profit rose 17.9% to Rs 66.79 crore on 13.2% increase in net sales to Rs 498.92 crore in Q4 March 2017 over Q4 March 2016.

Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture and distribution of the JOCKEY brand innerwear/leisurewear for men and women in India, Sri Lanka, Bangladesh, Nepal and UAE. Page Industries is also the exclusive licensee of Speedo International for the manufacture, marketing and distribution of the Speedo brand in India.

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MEP Infra jumps on buzz of overseas tie-ups for road projects
Jun 13,2017

Meanwhile, the S&P BSE Sensex was up 102 points or 0.33% at 31,197.70. The S&P BSE Small-Cap index advanced 124.83 points or 0.81% at 15,578.89.

On the BSE, 5.44 lakh shares were traded on the counter so far as against the average daily volumes of 8.95 lakh shares in the past two weeks. The stock had hit a high of Rs 93.45 and a low of Rs 89 so far during the day. The stock had hit a record high of Rs 103.75 on 8 June 2017 and a record low of Rs 34 on 24 November 2016.

The stock had outperformed the market over the past one month till 12 June 2017, advancing 21.53% compared with the Sensexs 3.01% rise. The stock had also outperformed the market over the past one quarter, gaining 92.69% as against the Sensexs 7.43% rise. The scrip had also outperformed the market over the past one year, surging 130.98% as against the Sensexs 16.74% rise.

The small-cap company has equity capital of Rs 162.57 crore. Face value per share is Rs 10.

Reports further added that MEP Infrastructure Developers is also in talks with two large overseas funds to form a joint venture to bid for projects under the new toll-operate-transfer (TOT) model.

On consolidated basis, MEP Infrastructure Developers reported net profit of Rs 12.04 crore in Q4 March 2017, as against net loss of Rs 8.20 crore in Q4 March 2016. Net sales declined 15% to Rs 431.61 crore in Q4 March 2017 over Q4 March 2016.

MEP Infrastructure Developers is one of the leading infrastructure operators and toll management companies.

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