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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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Siyaram Silk Mills advances after good Q1 result, stock-split plan
Jul 27,2017

The result was announced after market hours yesterday, 26 July 2017.

Meanwhile, the S&P BSE Sensex was up 176.18 points, or 0.54% at 32,558.64. The S&P BSE Small-Cap index was up 81.32 points, or 0.51% at 16,179.96.

On the BSE, 316 shares were traded on the counter so far as against the average daily volumes of 1,634 shares in the past one quarter. The stock had hit a high of Rs 2,405.40 and a low of Rs 2,299.55 so far during the day. The stock had hit a record high of Rs 2,499 on 19 July 2017 and a 52-week low of Rs 994 on 2 August 2016.

The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.

Siyaram Silk Mills board at its meeting held yesterday, 26 July 2017 approved a 2-for-1 stock split of equity shares. The announcement was made after market hours yesterday, 26 July 2017.

Siyaram Silk Mills manufactures and markets textiles, cotton, woollen synthetics and synthetic blends. The company is known for its polyester blended worsted fabrics.

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Everest Industries builds gains after good Q1 result
Jul 27,2017

The result was announced after market hours yesterday, 26 July 2017.

Meanwhile, the S&P BSE Sensex was up 131.69 points, or 0.41% at 32,514.15. The S&P BSE Small-Cap index was up 74.69 points, or 0.46% at 16,173.33.

On the BSE, 5,793 shares were traded on the counter so far as against the average daily volumes of 2,5967 shares in the past one quarter. The stock had hit a high of Rs 391.15 and a low of Rs 386.65 so far during the day. The stock had hit a 52-week high of Rs 421.60 on 20 June 2017 and a 52-week low of Rs 182 on 26 December 2016.

The small-cap company has equity capital of Rs 15.46 crore. Face value per share is Rs 10.

Everest Industries is engaged in manufacturing and trading of building products, such as roofing products, boards and panels, other building products and accessories.

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Aarti Drugs fixes record date for dividend
Jul 27,2017

Aarti Drugs has fixed 11 August 2017 as record date for payment of final dividend. The dividend will be paid on or before 15 September 2017, if approved at the forthcoming AGM of the Company.

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Cabinet apprised of the MoU signed between India and Palestine on cooperation in the field of on youth affairs and sports
Jul 27,2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) signed between India and Palestine on cooperation in the field of youth affairs and sports.

The MoU will help in promoting exchange of ideas, values and culture amongst all youth irrespective of their caste, religion and gender as well as development of sports in the two countries. In turn, it will help in consolidating friendly relations between the two countries.

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HCL Technologies fixes record date for interim dividend
Jul 27,2017

HCL Technologies announced that 04 August 2017 is the record date for payment of interim dividend of Rs 2 per equity share for FY 2017-18.

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HCL Technologies to pay interim dividend
Jul 27,2017

HCL Technologies announced the interim dividend for FY 2017-18 shall be paid on 11 August 2017.

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HCL Technologies appoints director
Jul 27,2017

HCL Technologies announced that Deepak Kapoor has been appointed as an Additional Director on the Board of the Company w.e.f. 26 July 2017 to hold office as an Independent Director.

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Cabinet gives ex-post facto approval for amendment of the Constitution (Application to Jammu & Kashmir) Order, 1954
Jul 27,2017

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for amendment of the Constitution (Application to Jammu & Kashmir) Order, 1954 by way of the Constitution (Application to Jammu & Kashmir) Amendment Order, 2017.

The approval paves the way for applicability of Goods and Services Tax regime in the State of Jammu & Kashmir.

The Constitution (Application to Jammu & Kashmir) Amendment Order, 2017 has already been notified in Gazette of India on 6th July, 2017 after the assent of the President.

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ICICI Bank, ITC, Maruti Suzuki in focus ahead of quarterly results
Jul 27,2017

HCL Technologies, ICICI Bank, Idea Cellular, ITC, Maruti Suzuki and ONGC are among the companies that will be announcing their June quarter earnings today, 27 July 2017.

State Bank of India (SBI) announced that its board approved extension of validity period to raise the remaining Additional Tier I capital to the tune of Rs 2000 crore till 31 March 2018 and accordingly authorized bank to raise upto Rs 2000 crore Additional Tier I capital, by way of issue of Basel III compliant perpetual debt instruments in USD and/or INR, at par, through private placement to overseas and/or Indian investors, in such number of tranches, at such times as may be considered appropriate and on such coupons as may be decided at the time of actual issuance. The announcement was made after market hours yesterday, 26 July 2017.

The board had earlier authorized SBI to raise Additional Tier I capital upto Rs 11100 crore till 31 March 2017. The bank has raised Additional Tier I capital in domestic and overseas market to the tune of Rs 9100 crore during the financial year 2016-2017.

Tata Motors announced that a committee of board approved offering for subscription, on a private placement basis, up to 10,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) E27-I series of face value Rs 10 lakh each, at par, aggregating up to Rs 1000 crore, comprising of two tranches of debentures of Rs 500 crore each. The announcement was made after market hours yesterday, 26 July 2017.

Nestle Indias net profit rose 9.66% to Rs 263.43 crore on 6.91% rise in total income to Rs 2443.44 crore in Q2 June 2017 over Q2 June 2016. The announcement was made after market hours yesterday, 26 July 2017.

Siyaram Silk Mills net profit rose 26.07% to Rs 10.35 crore on 12.66% rise in total income to Rs 324.82 crore in Q1 June 2017 over Q1 June 2016. The companys board has approved a 2-for-1 stock split of equity shares. The announcement was made after market hours yesterday, 26 July 2017.

Karnataka Bank announced after market hours yesterday, 26 July 2017, that it opened its 770th branch at Bengaluru- K R Puram (Krishnarajapuram) on 26 July 2017.

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Board of HCL Infosystems approves allotment of 80,000 shares under ESOP
Jul 26,2017

The Board of HCL Infosystems has approved the allotment of 80,000 equity shares of Rs 2 each under ESOP.

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Tata Teleservices (Maharashtra) plans to raise upto Rs 1300 cr
Jul 26,2017

Tata Teleservices (Maharashtra) proposes to funds upto an aggregate amount of Rs. 1,300 crore. The Board will consider the proposal and type of issue on 31 July 2017.

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Megasoft wins contract from Mexico-based MVNO, Cierto
Jul 26,2017

Megasoft has been awarded a contract from Mexico-based MVNO, Cierto for its cloud-enabled XIUS Mobile Services Platform (MSP).

XIUS MSP will enable Cierto to deliver a broad spectrum of innovative and attractive services, offer the best user experience and provide incremental value to its subscribers. Cierto currently has ~15k subscribers but the global MVNO experience that XIUS possesses will position them well to acquire new customers and grow as per plan. The MVNO also has a widespread distribution network with presenceacross 20,000 points of sale of major top-up chains in Mexico.

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Hexaware Technologies launches new Professional Service unit
Jul 26,2017

Hexaware Technologies announced the launch of its new Professional Services unit and the appointment of Arun Ramchandran as Executive Vice President and Head of the Professional Service vertical.

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Aditya Vision opens new store in Bihar
Jul 26,2017

Aditya Vision has opened its 24th Showroom at Magardahi Road, Samastipur- 848101, Bihar.

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ICICI Bank allots 242,964 equity shares
Jul 26,2017

ICICI Bank has allotted 242,964 equity shares under ESOS on 24 July 2017.

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