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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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Outcome of board meeting of Rama Phosphates
May 19,2017

The Board of Directors of Rama Phosphates at its meeting held on 18 May 2017 has approved the appointment of H D Ramsinghani as Vice Chairman and Joint Managing Director for a period of three years with effect from 01 June 2017. The Board has recommended a dividend of Rs 1 per share for FY 2017, subject to approval of shareholders.

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Indian Hume Pipe hits record high after strong Q4 numbers
May 19,2017

The result was announced after market hours yesterday, 18 May 2017.

Meanwhile, the S&P BSE Sensex was up 265.56 points, or 0.87% at 30,700.35. The S&P BSE Small-cap index was up 186.04 points, 1.21% at 15,547.60.

High volumes were witnessed on the counter. On the BSE, 46,000 shares were traded on the counter so far as against the average daily volumes of 5,752 shares in the past one quarter. The stock had hit a high of Rs 470 so far during the day, which is also its record high. The stock hit a low of Rs 451.80 so far during the day.

The stock had hit a 52-week low of Rs 160.50 on 25 May 2016. The stock had outperformed the market over the past one month till 18 May 2017, advancing 5.06% compared with the Sensexs 3.81% rise. The scrip had, however, underperformed the market over the past one quarter advancing 3.97% as against the Sensexs 6.91% rise.

The small-cap company has equity capital of Rs 9.69 crore. Face value per share is Rs 2.

Indian Hume Pipe Companys board recommended a final dividend of Rs 2.40 per share for the financial year ended March 2017.

Indian Hume Pipe Company is engaged in the business of providing integrated water supply schemes including manufacturing, laying and jointing of pipelines of various pipe materials which provide infrastructure facility for development of water supply and irrigation projects.

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Kelvin Fincap to hold board meeting
May 19,2017

Kelvin Fincap will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Universal Credit & Securities to hold board meeting
May 19,2017

Universal Credit & Securities will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Jindal Cotex to hold board meeting
May 19,2017

Jindal Cotex will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Nagreeka Exports to hold board meeting
May 19,2017

Nagreeka Exports will hold a meeting of the Board of Directors of the Company on 25 May 2017.

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Ladderup Finance to hold board meeting
May 19,2017

Ladderup Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Amit Securities to hold board meeting
May 19,2017

Amit Securities will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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RR Securities to hold board meeting
May 19,2017

RR Securities will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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GFL Financials India to hold board meeting
May 19,2017

GFL Financials India will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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EPFO beneficiaries to get payment through electronic or digital fund transfer system
May 19,2017

The Ministry of Labour & Employment vide notification dated 4th May 2017 has provided for electronic or digital fund transfer / payment of EPF benefits, pension disbursement and insurance claim. For this purpose, suitable amendments have been made in all the three social security schemes administered by EPFO.

Such move is likely to benefit 4.5 crores EPF subscribers and around than 54 lakh pensioners. Now, payments will be made to the beneficiaries through electronic or digital fund transfer system only ensuring quick transfer of funds, easier tracking and reconciliation thereof.

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Great Eastern Shipping Company plans issue of NCDs upto Rs 150 crore
May 19,2017

Great Eastern Shipping Company plans to issue Unsecured Non-Convertible Debentures upto an amount not exceeding Rs. 150 crore by way of private placement. A meeting of the Debenture Issue Committee is scheduled to be held on Tuesday, 23 May 2017, to consider the proposal.

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Shalibhadra Finance to hold board meeting
May 19,2017

Shalibhadra Finance will hold a meeting of the Board of Directors of the Company on 31 May 2017.

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Shivagrico Implements to hold board meeting
May 19,2017

Shivagrico Implements will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Kusam Electrical Industries to hold board meeting
May 19,2017

Kusam Electrical Industries will hold a meeting of the Board of Directors of the Company on 22 May 2017.

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