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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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Ashari Agencies reports standalone net profit of Rs 0.28 crore in the September 2016 quarter
Nov 16,2016

Net profit of Ashari Agencies reported to Rs 0.28 crore in the quarter ended September 2016 as against net loss of Rs 5.08 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Omkar Speciality Chemicals standalone net profit rises 17.59% in the September 2016 quarter
Nov 16,2016

Net profit of Omkar Speciality Chemicals rose 17.59% to Rs 7.22 crore in the quarter ended September 2016 as against Rs 6.14 crore during the previous quarter ended September 2015. Sales rose 3.82% to Rs 83.93 crore in the quarter ended September 2016 as against Rs 80.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales83.9380.84 4 OPM %16.9412.82 - PBDT11.619.13 27 PBT9.228.21 12 NP7.226.14 18

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Sreeleathers standalone net profit rises 56.55% in the September 2016 quarter
Nov 16,2016

Net profit of Sreeleathers rose 56.55% to Rs 4.54 crore in the quarter ended September 2016 as against Rs 2.90 crore during the previous quarter ended September 2015. Sales rose 27.04% to Rs 28.47 crore in the quarter ended September 2016 as against Rs 22.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales28.4722.41 27 OPM %22.2020.57 - PBDT7.164.84 48 PBT6.854.53 51 NP4.542.90 57

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Sathavahana Ispat reports standalone net profit of Rs 2.05 crore in the September 2016 quarter
Nov 16,2016

Net profit of Sathavahana Ispat reported to Rs 2.05 crore in the quarter ended September 2016 as against net loss of Rs 30.54 crore during the previous quarter ended September 2015. Sales declined 6.27% to Rs 286.12 crore in the quarter ended September 2016 as against Rs 305.25 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales286.12305.25 -6 OPM %14.242.83 - PBDT13.60-14.94 LP PBT2.05-30.78 LP NP2.05-30.54 LP

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Board of Colgate-Palmolive (India) to consider 2nd interim dividend
Nov 16,2016

Colgate-Palmolive (India) Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on 05 December 2016, inter alia, to consider and declare the second interim dividend for the financial year 2016-17.

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Colgate-Palmolive (India) fixes record date for 2nd interim dividend
Nov 16,2016

Colgate-Palmolive (India) has fixed 16 December 2016 as the Record Date for the purpose of Payment of Second Interim Dividend.

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TVS Srichakra to announce September quarter results
Nov 16,2016

TVS Srichakra announced that meeting of the Board of Directors of the Company will be held on 14 December 2016 to take on record the unaudited financial results of the Company for the quarter ended 30 September 2016.

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Tata Global Beverages heads north after strong Q2 result
Nov 16,2016

The result was announced after market hours yesterday, 15 November 2016.

Meanwhile, the S&P BSE Sensex was up 196.56 points, or 0.75%, to 26,501.19

On BSE, so far 6.28 lakh shares were traded in the counter, compared with average daily volume of 4.16 lakh shares in the past one quarter. The stock hit a high of Rs 125.25 and a low of Rs 121.05 so far during the day. The stock hit a 52-week high of Rs 157.65 on 19 October 2016. The stock hit a 52-week low of Rs 100.10 on 12 February 2016. The stock had outperformed the market over the past 30 days till 15 November 2016, sliding 22.07% compared with 4.45% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 15% as against Sensexs 6.07% decline.

The mid-cap company has equity capital of Rs 63.11 crore. Face value per share is Re 1.

Tata Global Beverages said that while the underlying business saw volume growth, this was offset by price reductions and adverse impact of currency translation. Group consolidated net profit growth reflected both improved operating performance and better performance by Joint Ventures and Associate companies, Tata Global Beverages said. The latest quarter saw a continued focus on the global health & wellness trend and innovative product launches, the company said.

Ajoy Misra, Managing Director and CEO of Tata Global Beverages, said that the companys product launches leverage the health and wellness trend across geographies. Consumers are seeking enhanced beverage experiences which are also healthy choices and the company is leveraging this insight across product categories. Joint venture companies Tata Starbucks and NourishCo continue to show steady growth and the company is committed to growing them further, Ajoy Misra said.

Tata Global Beverages focusses on branded natural beverages n++ tea, coffee and water. Tata Global Beverages is the 2nd largest player in branded tea in the world. It has a strong portfolio of brands, including Tata Tea, Tetley, Jemča, Vitax, Eight OClock Coffee, Himalayan, Grand Coffee and Joekels.

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Board of Cerebra Integrated Technologies to consider conversion of FCCBs
Nov 16,2016

Cerebra Integrated Technologies announced that the Board of Directors of the Company will meet on 23 November 2016, inter alia, to transact the following business:

- Conversion of balance FCCBs of 2 Million USD allotted on 19 December 2014 as we have received further conversion intimations.

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Board of Cerebra Integrated Technologies to consider conversion of FCCBs
Nov 16,2016

Cerebra Integrated Technologies announced that the Board of Directors of the Company will meet on 23 November 2016, inter alia, to transact the following business:

- Conversion of balance FCCBs of 2 Million USD allotted on 19 December 2014 as we have received further conversion intimations.

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Aries Agro to announce September quarter and half year results
Nov 16,2016

Aries Agro announced that a Meeting of the Board of Directors of the Company will be held on 23 November 2016, inter alia, to transact the following items:

- Approval of Un-Audited Financial Results (Consolidated and Standalone) for the Quarter and Half Year ended 30 September 2016.

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Board of GTL Infrastructure to consider September quarter and half year results
Nov 16,2016

GTL Infrastructure announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 22 November 2016, inter alia, to consider and approve the Unaudited Financial Results for the Quarter and Half year ended 30 September 2016.

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Shree Renuka Sugars turns sweeter on turnaround Q2 results
Nov 16,2016

The result was announced after market hours yesterday, 15 November 2016.

Meanwhile, the BSE Sensex was up 186.28 points, or 0.71%, to 26,490.91.

On BSE, so far 6.99 lakh shares were traded in the counter, compared with average daily volume of 8.92 lakh shares in the past one quarter. The stock hit a high of Rs 14.25 and a low of Rs 13.65 so far during the day. The stock hit a 52-week high of Rs 19.18 on 15 June 2016. The stock hit a 52-week low of Rs 7.03 on 25 August 2015. The stock underperformed the market over the past one month till 15 November 2016, dropping 17.03% compared with the Sensexs 4.95% fall. The scrip also underperformed the market in past one quarter, declining 14.38% as against the Sensexs 6.56% decline.

The mid-cap company has equity capital of Rs 92.88 crore. Face value per share is Re 1.

Shree Renuka Sugars total income jumped 107.05% to Rs 2049.80 crore in Q2 September 2016 over Q2 September 2015.

Shree Renuka Sugars is one of the leading sugar manufacturers in India.

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Agenda for board meeting of Alfavision Overseas India
Nov 16,2016

Alfavision Overseas India announced that a meeting of the Board of Directors of the Company is scheduled to be held on 21 November 2016 to transact the following business:

1. To alter the Articles of Association of the Company for increase in Authorised Capital.

2. To consider and approve Issue of Convertible Warrants by way of preferential allotment in accordance with the provisions of the Companies Act, 2013 and Chapter VII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable statutory provisions.

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Wheels India enters into technology agreement with FLUITECNIK, S.A, Spain
Nov 16,2016

Wheels India has entered into a Technology transfer Agreement with FLUITECNIK, S.A, Spain for the manufacture of Hydraulic components for supply to wind mill manufacturers in India.

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