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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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Bafna Pharmaceuticals to announce Quarterly Result
Aug 01,2017

Bafna Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 8 August 2017.

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Ledo Tea Company announces board meeting date
Aug 01,2017

Ledo Tea Company will hold a meeting of the Board of Directors of the Company on 10 August 2017.

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Koa Tools India to discuss results
Aug 01,2017

Koa Tools India will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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Control Print to convene AGM
Aug 01,2017

Control Print announced that the 26th Annual General Meeting (AGM) of the company will be held on 15 September 2017.

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Tara Jewels to hold board meeting
Aug 01,2017

Tara Jewels will hold a meeting of the Board of Directors of the Company on 10 August 2017.

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The contribution of tourism to total Gross Domestic Product (GDP) increased from 6.77% in FY10 to 6.88% in FY13
Aug 01,2017

The number of Domestic Tourist Visits to all States/Union Territories (UTs), including the visits for religious and medical purpose, has increased to 161.4 Crore in 2016 from 143.2 Crore in 2015, registering a growth of 12.7% in 2016 over 2015.

The number of Foreign Tourist Visits to all States/UTs, including the visits for religious and medical purpose, has increased to 2.5 Crore in 2016 from 2.3 Crore in 2015, registering a growth of 5.9% in 2016 over 2015.

The number of Foreign Tourist Arrivals, as differentiated from Foreign Tourist Visits, in India has increased to 88.0 lakh in 2016 from 80.3 lakh in 2015, registering a growth of 9.7% in 2016 over 2015.

As per the information available for the current year, the number of Foreign Tourist Arrivals in India during January-June 2017 were 48.8 lakh registering a growth of 17.2% over the same period of 2016.

As per the 2nd Tourism Satellite Account (TSA) of India - 2009-10 and subsequent estimation, the contribution of tourism to total Gross Domestic Product (GDP) during 2009-10, 2010-11, 2011-12 and 2012-13 were 6.77%, 6.76%, 6.76% and 6.88% respectively

The major schemes operated by the Ministry of Tourism for development and promotion of tourism in the country are given below:

n++ Swadesh Darshan - Integrated Development of Tourist Circuits on Specific Themes

n++ National Mission for Pilgrimage Rejuvenation and Spiritual Augmentation Drive (PRASAD)

n++ Overseas Promotion and Publicity including Market Development Assistance

n++ Assistance to IHMs/FCIs/IITTM/NCHMCT

n++ Domestic Promotion and Publicity including Hospitality

n++ Capacity Building for Service Providers

n++ Computerization and Information Technology

Tourism is a demand based concept defined not by its output but by its use. It consumes the output of various industries like Passenger Transport (Air/ Rail/Road), Hotels & Restaurants, etc. The initiatives taken by the Ministry to boost tourism in the country under various schemes would in turn benefit the various service industries by way of increasing demands and inter-alia direct and indirect employment generation.

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Concor advances after reporting good Q1 numbers
Aug 01,2017

The result was announced after market hours yesterday, 31 July 2017.

Meanwhile, the S&P BSE Sensex was up 31.08 points, or 0.1% at 32,546.02.

On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 25,382 shares in the past one quarter. The stock had hit a high of Rs 1,198 and a low of Rs 1,173 so far during the day. The stock had hit a 52-week high of Rs 1,250.45 on 23 May 2017 and a 52-week low of Rs 844 on 21 December 2016.

The stock had underperformed the market over the past one month till 31 July 2017, advancing 0.13% compared with the Sensexs 5.15% rise. The scrip had also underperformed the market over the past one quarter sliding 5.85% as against the Sensexs 8.68% rise. The scrip had also underperformed the market over the past one year declining 4.4% as against the Sensexs 15.91% rise.

The large-cap company has equity capital of Rs 243.72 crore. Face value per share is Rs 10.

Concor provides logistics solutions. It has the largest network of inland container depots (ICDs)/container freight stations in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain. The Government of India (GoI) holds 54.8% stake in Concor (as per the shareholding pattern as on 30 June 2017).

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Tech Mahindra jumps after good Q1 results
Aug 01,2017

The result was announced after market hours yesterday, 31 July 2017.

Meanwhile, the S&P BSE Sensex was up 24.24 points, or 0.07% to 32,539.18.

On the BSE, 3.85 lakh shares were traded in the counter so far, compared with average daily volumes of 3.69 lakh shares in the past one quarter. The stock had hit a high of Rs 413.90 and a low of Rs 401.30 so far during the day. The stock hit a 52-week high of Rs 515.30 on 21 February 2017. The stock hit a 52-week low of Rs 357.60 on 29 May 2017.

The stock had underperformed the market over the past one month till 31 July 2017, rising 1.02% compared with 5.15% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 7.83% as against Sensexs 8.67% rise. The scrip had also underperformed the market in past one year, falling 21.33% as against Sensexs 16.11% rise.

The large-cap company has equity capital of Rs 487.85 crore. Face value per share is Rs 5.

Tech Mahindras consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 12.7% to Rs 935 crore in Q1 June 2017 over Q4 March 2017.

Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions.

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Natural Capsules to convene AGM
Aug 01,2017

Natural Capsules announced that the 24th Annual General Meeting (AGM) of the company will be held on 29 August 2017.

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Euro Leder Fashion to conduct AGM
Aug 01,2017

Euro Leder Fashion announced that the 25th Annual General Meeting (AGM) of the company will be held on 21 September 2017.

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The new Agreement on Trade, Commerce and Transit between India and Bhutan has come into force with effect from 29th July 2017
Aug 01,2017

The bilateral trade relations between India and Bhutan are governed by the Agreement on Trade, Commerce and Transit between the Government of India and Bhutan. The Agreement provides for a free trade regime between the territories of India and Bhutan. The Agreement also provides for duty free transit of Bhutanese merchandise for trade with third countries.

The Agreement was last renewed on 29th July 2006 for a period of ten years. The validity of this Agreement was extended, with effect from 29th July 2016, for a period of one year or till the new agreement comes into force, through exchange of Diplomatic notes.

The new Agreement on Trade, Commerce and Transit Agreement was signed on 12th November 2016 by the Minister of State (IC), Ministry of Commerce and Industry on behalf of the Government of India during her visit to Bhutan on 11th-13th November, 2016. As per its provisions, the new Agreement was to come into force on a mutually decided date. As agreed to by both India and Bhutan, the new Agreement on Trade, Commerce and Transit between India and Bhutan has come into force with effect from 29th July 2017.

The new Agreement will further strengthen the bilateral trade relations between India and Bhutan.

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Music Broadcast gets ratings assigned for bank facilities
Aug 01,2017

Music Broadcast announced that CRISIL has assigned a short term rating of CRISIL A1+ for the Companys bank loan facilities aggregating Rs 35 crore.

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IndusInd Bank allots 68,155 equity shares
Aug 01,2017

IndusInd Bank has allotted 68,155 (Sixty Eight Thousand One Hundred Fifty Five) equity shares of Rs. 10/- (Rupees Ten Only) each on 31 July 2017 to those grantees who had exercised their option under the Companys Employee Stock Option Scheme.

The said shares will rank pari-passu with the existing shares of the Company in all respect.

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Sobha gains on buyback plan
Aug 01,2017

The announcement was made after market hours yesterday, 31 July 2017.

Meanwhile, the S&P BSE Sensex was up 32.52 points, or 0.10% to 32,547.46.

On the BSE, 7,446 shares were traded in the counter so far, compared with average daily volumes of 36,798 shares in the past one quarter. The stock had hit a high of Rs 410 and a low of Rs 401.20 so far during the day.

The stock hit a 52-week high of Rs 449.05 on 17 May 2017. The stock hit a 52-week low of Rs 224.05 on 22 November 2016.

The stock had outperformed the market over the past one month till 31 July 2017, rising 7.70% compared with 5.15% rise in the Sensex. The scrip had underperformed the market in past one quarter, rising 0.57% as against Sensexs 8.67% rise. The scrip had outperformed the market in past one year, rising 21.05% as against Sensexs 16.11% rise.

The mid-cap company has equity capital of Rs 96.30 crore. Face value per share is Rs 10.

Sobhas consolidated net profit spurted 70.3% to Rs 47 crore on 5.9% increase in net sales to Rs 583.90 crore in Q4 March 2017 over Q4 March 2016. The company will consider Q1 results on 4 August 2017.

Sobha Group is one of the largest real estate organisations in India and the Middle East. It has presence in 24 cities and 13 states across India and throughout the Middle East.

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VLS Finance appoints director
Aug 01,2017

VLS Finance appointed M P Mehrotra as a Whole Time Director, designated as an Executive Vice Chairman on 31 July 2017.

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