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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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Metal and mining stocks decline
Aug 22,2016

Vedanta (down 1.26%), Hindalco Industries (down 1.46%), JSW Steel (down 0.6%), Bhushan Steel (down 1.96%), Jindal Steel & Power (down 1.14%), Tata Steel (down 1.16%) declined. Hindustan Zinc (up 1.16%), Steel Authority of India (Sail) (up 1.71%), National Aluminum Company (up 0.42%), NMDC (up 0.87%) and Hindustan Copper (up 2.28%) rose.

Jindal Steel & Power (JSPL) fell 1.03% to Rs 86.90, staging a recovery from days low after the company secured long-term coal linkage of 1.18 million tonne per annum for its captive power generation plants in Chhattisgarh. JSPL has secured long-term coal linkage of 1.18 million tonne per annum (MTPA) for its captive power generation plants in Dongamahua and Raigarh in Chhattisgarh. The long-term coal linkage for a period of 5 years has been secured during the recent coal linkage auctions, JSPL said. The long-term linkage will ensure steady and assured supply of coal for the captive power plants, thereby enhancing the fuel security for the power plants, the company said.

Meanwhile, the S&P BSE Metal index was off 28.85 points or 0.28% at 10,115.47. The Sensex was off 46.34 points or 0.17% at 28,030.66. The fall in the S&P BSE Metal index was higher than than Sensexs decline in percentage terms.

The BSE Metal index index had outperformed the market over the past one month till 19 August 2016, rising 8.96% compared with 1.32% rise in the Sensex. The index, also outperformed the market in past one quarter, gaining 35.96% as against Sensexs 10.97% rise.

Copper edged lower in the global commodities market. High Grade Copper for September 2016 delivery was currently off 1.34% at $2.138 per pound on the COMEX.

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Indraprastha Gas gains after reporting good Q1 results
Aug 22,2016

The result was announced during market hours today, 22 August 2016.

Meanwhile, the BSE Sensex was down 59.27 points, or 0.21%, to 28,017.73.

More than usual volumes exchanged hands at the counter. On BSE, so far 1.11 lakh shares were traded in the counter, compared with an average volume of 56,884 shares in the past one quarter. The stock hit a high of Rs 714.90 so far during the day, which is also a record high for the stock. The stock hit a low of Rs 693.30 so far during the day. The stock hit a 52-week low of Rs 433.40 on 25 August 2015. The stock had outperformed the market over the past one month till 19 August 2016, rising 15.18% compared with 1.04% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 21.59% as against the Sensexs 10.54% rise.

The mid-cap company has an equity capital of Rs 140 crore. Face value per share is Rs 10.

Indraprastha Gas retails CNG to automobiles and piped cooking gas to households in Delhi and adjoining cities of Ghaziabad, Noida and Greater Noida.

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Flood rescue and relief operation by NDRF
Aug 22,2016

The rescue and relief operations by National Disaster Response Force (NDRF) in the flood affected various districts of Uttar Pradesh, Bihar, Rajasthan, Gujarat and Madhya Pradesh are in full swing. 56 flood rescue teams of NDRF are operational in various flood prone areas of the different states to assist the respective state administration in rescue and relief work. NDRF rescuers are delivering their best to evacuate the trapped people to safer places. Besides NDRF teams are also providing medical care to the needy persons.

16 flood rescue teams of NDRF are deployed in Bihar in connection with flood like situation. On 21.08.16 NDRF teams evacuated 3400 persons at Didarganj, 580 persons at Bakhtiyarpur, 545 at Danapur, 380 at Chhapra, 355 at Vaishali and 15 persons at Maner Dist. Patna. Sh. S.S Guleria DIG, NDRF and other NDRF officials are also present there to supervise the flood rescue and relief operations.

11 flood rescue teams of NDRF are deployed in various flood prone areas of Uttar Pradesh. on 21 August 16, NDRF teams conducted rescue and relief operation and evacuated 275 at Ballia, 275 at Varanasi and 325 at Chitrakoot, In addition to rescue work NDRF teams also distributed relief materials and provided medical care to the needy people. Shri Randeep Kumar Rana, DIG NDRF is present in Varanasi to supervise the ongoing rescue operation.

07 flood rescue teams of NDRF are pre-positioned in M.P. The teams evacuated 147 marooned persons to safer places at District Rewa on 21 August16.

In addition 01 team of NDRF prepositioned in Sikkim in connection with monsoon season conducted rescue and relief operation at Village Tingbung and Lingdang in East Sikkim and evacuated more than 450 persons to the safer places on 21.08.16.

So far NDRF teams have evacuated more than 26,400 people in various flood prone areas of the country during this monsoon season. In addition to rescue work, NDRF teams have provided medical care to more than 9100 people in various states.

A 24x7, NDRF Control Room in Delhi is closely monitoring the situation and remains in touch with other agencies.

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Volumes jump at SRS Real Infrastructure counter
Aug 22,2016

SRS Real Infrastructure clocked volume of 73.66 lakh shares by 13:50 IST on BSE, a 572.51-times surge over two-week average daily volume of 13,000 shares. The stock was locked at 10% upper circuit at Rs 13.11.

Healthcare Global Enterprises notched up volume of 15.09 lakh shares, a 524.8-fold surge over two-week average daily volume of 3,000 shares. The stock rose 4.21% at Rs 216.50.

Bayer Cropscience saw volume of 1.01 lakh shares, a 40.42-fold surge over two-week average daily volume of 3,000 shares. The stock lost 0.02% at Rs 4,039.45.

Ricoh India clocked volume of 2.06 lakh shares, a 20.57-fold surge over two-week average daily volume of 10,000 shares. The stock was locked at 5% upper circuit at Rs 264.80.

Astec Lifesciences saw volume of 2.08 lakh shares, a 12.94-fold rise over two-week average daily volume of 16,000 shares. The stock surged 10.5% at Rs 418.40.

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Untapped Hydroelectricity Capacity Key to Meet Energy Deficit: CII-PwC report
Aug 22,2016

India has witnessed transformational change in the energy sector over the past few years, through supportive policy interventions and sector reforms, making it the fourth largest producer of electricity in the world. However, rapid economic growth has led to a surge in energy demand leading to a grappling power deficit situation in the country. Managing effective sector investment, continuing technological improvements and efficiently implementing the sector programmes will be the key to addressing the sector issues.

The success of key initiatives such as Make in India, along with growing urbanisation and social uplift of rural India will also depend on the availability of uninterrupted quality electricity supply to consumers. The governments n++Power for Alln++ programme is an ambitious plan, which depends a lot on the development of capacity expansion in power supply chain, developing coal resources and logistics and increasing technological interventions.

According to a CII-PwC report titled Round-the-Clock Power Supply: A Key Milestone for the Indian Power Sector which was launched at CII Energy Conclave 2016 in Kolkata today, availability of power will depend on two factorsn++adequate electricity generated and development of supporting infrastructure for the supply of electricity.

Mr T V Narendran, Chairman, CII Eastern Region, and Managing Director, Tata Steel, said, n++Electricity is the means to empower. Achieving 100% household electrification will not only enrich the lives of citizens, but will also help in inclusive growth by positively impacting education, awareness, health and economic development in rural and far-flung areas.n++

Mr Aniruddha Basu, Chairman, CII Energy Task Force & Managing Director, CESC, said, n++Reform is the need of the day. Several initiatives have been taken to fuel the growth of the sector in the East, including West Bengal, which is one the primary states in India to have introduced and implemented power sector reforms.n++

Mr Yogesh Daruka, Partner, Power and Utilities, PwC India said, n++Energy access and availability is a key element for socio-economic development. The Governments Power for All programme is an ambitious initiative for providing supply & uninterrupted quality power to unelectrified population by 2019. In East and Northeast India, coal and hydro-based power generation will dominate the generation mix. Inter and intra state transmission system development is also critical along with effective implementation of centrally sponsored schemes like DDUGJY and IPDS.n++

Development of Hydro power in the northeast region will be a key driver in improving Indias energy situation. With only seven per cent of the tapped potential (installed capacity and project under construction), the northeast region provides enormous opportunities to the state governments and hydro developers to harness the potential.

Development of the large hydro potential in the northeast region would contribute significantly in meeting the countrys power needs in the future. The region would also benefit from the development of associated social benefits such as roads, schools and electricity supply to remote areas, which would further improve the quality of life.

Achieving the objective of the Power for All programme will not be an easy task. But with the improved fuel availability, achieving the target capacity additions well within time, increase in sector investments, and lower tariff for renewable energy projects are encouraging trends that indicate that India can achieve this ambitious plan in the near future.

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JSPL cuts intraday losses after winning coal linkages
Aug 22,2016

The announcement was made during market hours today, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 106.43 points or 0.38% at 27,970.57

On BSE, so far 18.66 lakh shares were traded in the counter as against average daily volume of 18.80 lakh shares in the past one quarter. The stock rose as much as 0.51% at the days high of Rs 88.25 so far during the day. The stock fell as much as 2.56% at the days low of Rs 85.55 so far during the day. The stock had hit a 52-week high of Rs 98.10 on 31 December 2015. The stock had hit a 52-week low of Rs 48.20 on 12 February 2016. The stock had outperformed the market over the past one month till 19 August 2016, rising 29.79% compared with 1.32% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 46.58% as against Sensexs 10.97% rise.

The mid-cap company has equity capital of Rs 91.49 crore. Face value per share is Re 1.

Jindal Steel and Power (JSPL) secured long-term coal linkage of 1.18 million tonne per annum (MTPA) for its captive power generation plants in Dongamahua and Raigarh in Chhattisgarh. The long-term coal linkage for a period of 5 years has been secured during the recent coal linkage auctions, JSPL said. The long-term linkage will ensure steady and assured supply of coal for the captive power plants, thereby enhancing the fuel security for the power plants, the company said.

JSPLs MD & Group CEO Ravi Uppal said that the company is looking forward to the next round of coal linkage auctions to fill the gap, and would selectively participate to further enhance long-term fuel security requirements at prudent terms of steel and power businesses. The 1.18 MTPA coal linkage to captive power generation facility significantly enhances the operational efficiencies of the companys power plant, Uppal said.

On a consolidated basis, Jindal Steel & Power reported consolidated net loss of Rs 363.11 crore in Q4 March 2016, lower than consolidated net loss of Rs 581.17 crore in Q4 March 2015. The companys total income rose 11.01% to Rs 5091.39 crore in Q4 March 2016 over Q4 March 2015.

JSPL is one of Indias major steel producers with a significant presence in sectors like mining, power generation and infrastructure.

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Fortis Healthcare drops after board approves demerger of diagnostics business
Aug 22,2016

The separate announcements were made by Fortis Healthcare and its subsidiary, Fortis Malar Hospitals after market hours on Friday, 19 August 2016.

Shares of Fortis Malar Hospitals were locked at 20% upper circuit at Rs 68.50, so far during the day.

Meanwhile, the BSE Sensex was down 143.23 points, or 0.51%, to 27,933.77.

High volumes were witnessed on the counter of Fortis Healthcare. On BSE, so far 5.06 lakh shares were traded in the counter, compared with an average volume of 1.78 lakh shares in the past one quarter. The stock hit a high of Rs 194.40 and a low of Rs 183.20 so far during the day. The stock hit a 52-week high of Rs 199 on 16 August 2016. The stock hit a 52-week low of Rs 141.10 on 12 February 2016. The stock had outperformed the market over the past one month till 19 August 2016, rising 8.43% compared with 1.04% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 11.55% as against the Sensexs 10.54% rise.

The mid-cap company has an equity capital of Rs 463.29 crore. Face value per share is Rs 10.

The board of directors of Fortis Healthcare at a meeting held on Friday, 19 August 2016 approved a proposal to demerge its diagnostics business, including that housed in its majority owned subsidiary SRL Limited (SRL) into another majority owned listed subsidiary, Fortis Malar Hospitals (Fortis Malar) pursuant to a composite scheme of arrangement and amalgamation. The total turnover of the demerged entity for FY 2016 was Rs 555 crore. The demerger shall be followed by SRL being merged with Fortis Malar as an integral part of the same composite scheme.

The composite scheme will also provide for the sale of its hospital business by Fortis Malar to Fortis Healthcare by way of a slump sale for a lump sum cash consideration, and the same shall precede the merger. Upon the composite scheme becoming effective, and subject to receipt of requisite regulatory and statutory approvals, the diagnostics business of Fortis Healthcare, including that housed in SRL would be vested in Fortis Malar. The name of Fortis Malar will subsequently be changed to SRL Limited and this company is proposed to be listed on the National Stock Exchange of India Limited (the NSE), in addition to its current listing on the BSE.

Upon the effectiveness of the composite scheme and as consideration towards the demerger of the diagnostics business undertaking of Fortis Healthcare, Fortis Malar would issue and allot to the equity shareholders of Fortis Healthcare, as on record date, 0.98 fully paid up equity shares of Rs 10 each of Fortis Malar for every 1 equity share of Rs 10 each held by them in Fortis Healthcare. The equity shareholders of SRL, except for Fortis Malar, who will acquire shares of SRL pursuant to the demerger will, as a consideration towards the merger of SRL into Fortis Malar, be issued and allotted 10.8 equity shares of Rs 10 each of Fortis Malar for every 1 equity share of Rs 10 each held by them in SRL as on record date. Further, Fortis Healthcare shall pay an amount of Rs 43 crore as lump sum consideration to Fortis Malar towards acquisition of the hospital business of Fortis Malar.

Appointed date for the slump sale, demerger and merger under the composite scheme is 1 January, 2017. The composite scheme of arrangement and amalgamation will be subject to the various statutory and regulatory approvals including those from the stock exchanges, and shareholders, and creditors of the respective entities, and the sanction of the jurisdictional High Court.

Fortis Healthcares rationale for the proposed transaction is that hospitals and the diagnostics businesses have distinct operating models and given the macro-fundamentals of the healthcare industry, each of these provide a strong growth opportunity in the foreseeable future. As both businesses approach their next phase of growth, it would be strategically apt to have them restructured under separate entities to enable them to move forward independently, with greater focus and specialization; leveraging further on their respective capabilities and their strong brand presence. Additionally, the proposed restructuring, would lead to a simplified organization structure assisting shareholders and investors to better understand and evaluate both businesses independently as investment options and potentially lead to a higher value illumination of each of these businesses

On a consolidated basis, Fortis Healthcares net profit fell 74.1% to Rs 25.26 crore on 7.6% rise in net sales to Rs 1103.22 crore in Q1 June 2016 over Q1 June 2015.

Fortis Malars net profit fell 62.7% to Rs 0.60 crore on 9.8% rise in net sales to Rs 33.01 crore in Q1 June 2016 over Q1 June 2015.

Fortis Healthcare is the leading healthcare delivery chains in the country currently encompassing both the hospitals and the diagnostics businesses. The promoters of Fortis Healthcare currently own a fully diluted stake of 63.1% in the company with the rest being held by public shareholders. Post transaction, the promoters stake in Fortis Healthcare will remain unchanged.

SRL, a subsidiary of Fortis Healthcare is primarily involved in providing diagnostics services and is amongst the leading diagnostics chains in India with a significant market share in the organized diagnostics segment. It comprises infrastructure of more than 329 laboratories, 7,300 collection points and an offering of close to 3,800 tests; cumulatively performing more than 33 million tests annually. Fortis Healthcare owns a fully diluted stake of 56.4% in SRL and promoters hold 5.3% stake.

Fortis Malar is a listed entity comprising of a multi-specialty facility in Chennai. Fortis Healthcare currently owns an indirect fully diluted equity stake of 62.4% in Fortis Malar with the rest being held by public shareholders. Post transaction, promoters will hold 40.6% stake in Fortis Malar to be renamed SRL and Fortis Healthcare will hold 1.3% stake. Erstwhile, public shareholders of SRL and Malar taken together will hold 37.3% in the new entity.

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Swachh Bharat Short Films Competition to encourage participative approach for Clean India
Aug 22,2016

The Ministry of Information & Broadcasting is organizing a Short Films Competition on the theme n++Swachh Bharatn++ that showcases inspiring stories and helps generate awareness among citizens about sanitation and its linkages with public health. The winning entries will be announced in a special felicitation programme to be held in New Delhi on October 2, 2016. National Film Development Corporation of India has invited entries for the Short Films Competition. The last date for submission of entries is September 10, 2016.

Awareness generation is an important objective of the Swachh Bharat Abhiyaan to bring about behavioral change in people regarding healthy sanitation practices. The competition aims to generate such awareness by involving people from different backgrounds, different regions and from different age groups.

About the Short Films Competition

n++ The short films competition is open to all age groups with its central theme revolving around the Swachh Bharat Mission.

n++ Short films with duration of not more than 3 minutes and shot in HD Format will be considered for the competition.

n++ The film can be made in Hindi, English or any of the listed official languages of India.

n++ The Best Film will be awarded a cash prize of Rupees 10 lakhs and a certificate. Three Second Best Films will be awarded Rupees 5 lakhs each and six Third Best Films will be awarded Rupees 2 lakhs each.

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Sun TV drops after declaring Q1 result
Aug 22,2016

The result was announced after market hours on Friday, 19 August 2016.

Meanwhile, the S&P BSE Sensex was down 146.96 points, or 0.52%, to 27,930.04

On BSE, so far 1.44 lakh shares were traded in the counter, compared with average daily volume of 1.11 lakh shares in the past one quarter. The stock hit a high of Rs 473.55 and a low of Rs 448.50 so far during the day. The stock hit a 52-week high of Rs 491.05 on 19 August 2016. The stock hit a 52-week low of Rs 292.75 on 24 August 2015. The stock had outperformed the market over the past one month till 19 August 2016, rising 18.4% compared with 1.32% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 28.92% as against Sensexs 10.97% rise.

The large-cap company has an equity capital of Rs 197.04 crore. Face value per share is Rs 5.

Sun TV Networks net profit rose 19.02% to Rs 233.06 crore on 9.89% growth in total income to Rs 782.38 crore in Q1 June 2016 over Q1 June 2015. The companys earnings before interest, taxation, depreciation and amortization (EBITDA) rose 7.25% to Rs 436.43 crore in Q1 June 2016 over Q1 June 2015. The companys EBITDA margin reportedly declined 170 basis points to 57.3% in Q1 June 2016 from 59% in Q1 June 2015. Subscription revenue grew about 22% to Rs 232.13 crore in Q1 June 2016 over Q1 June 2015. Subscription revenue continued to grow with cable TV revenues growing by about 37% and DTH subscription revenue growing by about 16% in Q1 June 2016 over Q1 June 2015, Sun TV Network said.

Sun TV Network is one of the largest television broadcasters in India, operating satellite television channels across four languages of Tamil, Telugu, Kannada and Malayalam and presently airing FM radio stations across India.

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Sun TV drops after announcing Q1 result
Aug 22,2016

The result was announced after market hours on Friday, 19 August 2016.

Meanwhile, the S&P BSE Sensex was down 146.96 points, or 0.52%, to 27,930.04

On BSE, so far 1.44 lakh shares were traded in the counter, compared with average daily volume of 1.11 lakh shares in the past one quarter. The stock hit a high of Rs 473.55 and a low of Rs 448.50 so far during the day. The stock hit a 52-week high of Rs 491.05 on 19 August 2016. The stock hit a 52-week low of Rs 292.75 on 24 August 2015. The stock had outperformed the market over the past one month till 19 August 2016, rising 18.4% compared with 1.32% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 28.92% as against Sensexs 10.97% rise.

The large-cap company has an equity capital of Rs 197.04 crore. Face value per share is Rs 5.

Sun TV Networks net profit rose 19.02% to Rs 233.06 crore on 9.89% growth in total income to Rs 782.38 crore in Q1 June 2016 over Q1 June 2015. The companys earnings before interest, taxation, depreciation and amortization (EBITDA) rose 7.25% to Rs 436.43 crore in Q1 June 2016 over Q1 June 2015. The companys EBITDA margin declined 166 basis points to 57.36% in Q1 June 2016 from 59.02% in Q1 June 2015.

Subscription revenue grew about 22% to Rs 232.13 crore in Q1 June 2016 over Q1 June 2015. Cable TV Subscription revenue rose about 37% and DTH subscription revenue rose about 16% in Q1 June 2016 over Q1 June 2015, Sun TV Network said.

Sun TV Network is one of the largest television broadcasters in India, operating satellite television channels across four languages of Tamil, Telugu, Kannada and Malayalam. It also operates FM radio stations across India.

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Minda Industries extends gains after fixing record date for stock split
Aug 22,2016

Meanwhile, the S&P BSE Sensex was down 131.71 points or 0.46% at 27,946.85.

On BSE, so far 422 shares were traded in the counter as against average daily volume of 3,418 shares in the past one quarter. The stock hit a high of Rs 1,175 and a low of Rs 1,161.85 so far during the day. The stock had hit a record high of Rs 1,249 on 23 May 2016. The stock had hit a 52-week low of Rs 475 on 8 September 2015. The stock had underperformed the market over the past one month till 19 August 2016, falling 1.21% compared with 1.04% gains in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 5.96% as against the Sensexs 10.54% rise.

The mid-cap company has equity capital of Rs 15.87 crore. Face value per share is Rs 10.

The stock had gained 2.11% to settle at Rs 1,156 on Friday, 19 August 2016 after the company made the announcement of fixation of record date for stock split after market hours on Thursday, 18 August 2016.

On consolidated basis, Minda Industries net profit jumped 98.7% to Rs 27.14 crore on 43.7% growth in net sales to Rs 759.81 crore in Q1 June 2016 over Q1 June 2015.

Minda Industries is part of UNO Minda. UNO Minda is a technology leader in auto components industry and a leading Tier 1 supplier of proprietary automotive solutions to original equipment manufacturers (OEMs).

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IL&FS Engg spurts after JV wins new order
Aug 22,2016

The announcement was made on Saturday, 20 August 2016.

Meanwhile, the S&P BSE Sensex was down 149.80 points or 0.53% at 27,927.20

On BSE, so far 52,000 shares were traded in the counter as against average daily volume of 21,381 shares in the past one quarter. The stock hit a high of Rs 54 and a low of Rs 48.05 so far during the day. The stock had hit a 52-week high of Rs 80.75 on 14 October 2015. The stock had hit a 52-week low of Rs 39.15 on 23 May 2016. The stock had underperformed the market over the past one month till 19 August 2016, falling 3.86% compared with 1.32% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 12.58% as against Sensexs 10.97% rise.

The small-cap company has equity capital of Rs 121.16 crore. Face value per share is Rs 10.

IL&FS Engineering and Construction Company announced that the company in joint venture with Unitech Power Transmission received a Letter of Award (LoA) from Power Grid Corporation of India (PGCIL) for supply contract for tower package for 765 kilovolt D/C Bhujn++ Banaskanta Transmission Line associated with Green Energy Corridors: Inter-State Transmission Scheme (ISTS) - Part C, along with contract for construction works of this line in the state of Gujarat. IL&FS Engineering and Construction Company said that the total value of the contract is Rs 136.26 crore, and the project completion period is 23 months from the date of issue of the LoA. IL&FS Engineering Services is the lead partner for this contract.

IL&FS Engineering and Construction Company reported a net loss of Rs 67.36 crore in Q1 June 2016, higher than net loss of Rs 60.95 crore in Q1 June 2015. Net sales declined 15.23% to Rs 406.92 crore in Q1 June 2016 over Q1 June 2015.

IL&FS Engineering and Construction Company is into infrastructure development, construction and project management.

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Sam Leaseco announces change in company website
Aug 22,2016

Sam Leaseco has changed its official website from www.samleaseco.com to www. oasisnutra.com as required to be maintained under Regulation 46(1) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The aforesaid change in official website is consequent to the change in name of the Company from Sam Leaseco to Oasis Nutraceuticals.

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Omkar Speciality Chemicals commissions expanded capacity in Unit 1 in Badlapur
Aug 22,2016

Omkar Speciality Chemicals announced the commissioning of the expanded capacity of its Unit No. 1 in Badlapur, Maharashtra. The capacity was extended from 600 MTPA to 900 MTPA in volumetric terms.

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Suyog Telematics to hold AGM
Aug 22,2016

Suyog Telematics announced that the Annual General Meeting (AGM) of the company will be held on 23 September 2016.

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