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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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Mangalore Refinery And Petrochemicals appoints director
Feb 03,2017

Mangalore Refinery And Petrochemicals announced that Manjula C. has been appointed as Independent Director by the Ministry of Petroleum and Natural Gas (MoP&NG), Govt of India, on the Board of the Company, with effect from 31 January 2017.

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JSW Steel gets revision in credit ratings
Feb 03,2017

JSW Steel announced that Moodys Investors Service has changed JSW Steels (JSW) ratings outlook to stable from negative and affirmed the Companys corporate family rating (CFR) and senior unsecured rating at Ba3.

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Lupin receives final approval for Triamcinolone Acetonide Cream
Feb 03,2017

Lupin has received final approval for its Triamcinolone Acetonide Cream USP, 0.025%, 0.1% and 0.5% from the USFDA to market a generic equivalent of Mylan Pharmaceuticals Incs Triamcinolone Acetonide Cream, 0.025% and 0.1%. Lupin shall commence promoting the product shortly.

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Bharat Forge divests its entire stake in Kalyani Polytechnic
Feb 03,2017

Bharat Forge has disinvested its entire stake in Kalyani Polytechnic, a wholly owned subsidiary incorporated under Section 25 of Companies Act, 1956 w.e.f. 03 February 2017 and consequently Kalyani Polytechnic has ceased to be the subsidiary of Bharat Forge.

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Jagran Prakashan provides update on subsidiary - Music Broadcast
Feb 03,2017

Jagran Prakashan announced that that Music Broadcast, subsidiary of the Company has commenced broadcast from its Radio Station at Kolhapur (which was acquired under Phase III auctions held last financial year).

The frequency for Kolhapur location is 95 F.M

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Adlabs Entertainment director resigns
Feb 03,2017

Adlabs Entertainment announced that Prashant Purker, Non-Executive Independent Director of the Company, has tendered his resignation from the directorship of the Company with effect from close of business hours of 03 February 2017.

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Symphony no more require to comply with Ahmedabad Stock Exchange
Feb 03,2017

Symphony announced that the Company have received a letter dated 11 January 2017 from Ahmedabad Stock Exchange, received on 31 January 2017, stating that Ahmedabad Stock Exchange is undergoing its exit policy and because of that all companies listed with them are shifted to NSE, BSE and Dissemination Board NSE.

Accordingly, the Company is no more required to submit any compliance with Ahmedabad Stock Exchange.

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Hindalco Industries allots 247057 equity shares
Feb 03,2017

Hindalco Industries announced that the Committee of Directors vide their resolution passed on 02 February 2017 has allotted 247057 equity shares of face value of Re. 1/- each to the optionees as detailed in the resolution, pursuant to the exercise of the options granted to the employee under the Companys Employee Stock Option Scheme.

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Torrent Pharmaceuticals to pay interim dividend
Feb 03,2017

Torrent Pharmaceuticals announced that interim dividend shall be paid on 17 February 2017.

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Board of Torrent Pharmaceuticals declares interim dividend
Feb 03,2017

Torrent Pharmaceuticals announced that the Board of Directors of the Company at its meeting held on 03 February 2017, has considered and approved an interim dividend of Rs. 10/- (200%) per equity share of Rs. 5/- fully paid up. The dividend is expected to be paid / dispatched on 17 February 2017.

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Board of Great Eastern Shipping Company declares interim dividend
Feb 03,2017

Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 03 February 2017, inter alia, has declared an interim dividend of Rs. 3.60/- per share to the equity shareholders of the Company.

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Great Eastern Shipping Company fixes record date for interim dividend
Feb 03,2017

Great Eastern Shipping Company has fixed 15 February 2017 as Record Date for the purpose of ascertaining the shareholders eligible for receiving the interim dividend. The interim dividend will be paid to the shareholders on or after 23 February 2017.

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Board of MRF declares 2nd interim dividend and approves private placement of NCDs
Feb 03,2017

MRF announced that the Board of Directors at its Meeting held on 03 February 2017, inter alia, considered and approved the following:

1. Declaration of a Second Interim Dividend of Rs. 3/- per equity share (30%) for the financial year ending 31 March 2017. The Dividend declared will be paid on or after 23 February 2017.

2. Issue of Non-Convertible Debentures not exceeding Rs. 500 crore through Private Placement basis. For this purpose, approval of the shareholders is proposed to be obtained by way of postal ballot.

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MRF fixes record date for 2nd interim dividend
Feb 03,2017

MRF has fixed 15 February 2017 as the Record date for the purpose of payment of Second Interim Dividend.

The Dividend declared will be paid on or after 23 February 2017.

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Rico Auto declines after uninspiring Q3 numbers
Feb 03,2017

The result was announced during market hours today, 3 February 2017.

Meanwhile, the S&P BSE Sensex was up 15.52 points or 0.05% at 28,242.13.

On the BSE, 2.43 lakh shares were traded on the counter so far as against the average daily volumes of 1.09 lakh shares in the past one quarter. The stock had hit a high of Rs 62.90 and a low of Rs 57.55 so far during the day.

The stock had hit a 52-week high of Rs 75.25 on 3 November 2016 and a 52-week low of Rs 27.70 on 29 February 2016. The stock had outperformed the market over the past one month till 2 February 2017, advancing 13.59% compared with the Sensexs 6.13% rise. The scrip had, however, underperformed the market over the past one quarter, declining 13.36% as against the Sensexs 2.54% rise.

The small-cap company has equity capital of Rs 13.53 crore. Face value per share is Rs 1.

Rico Auto Industries is an engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive original equipment manufacturers (OEMs) across the globe.

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