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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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Alfavision Overseas to announce September quarter results
Nov 08,2016

Alfavision Overseas announced that the meeting of the Board of Directors of the Company will be held on 14 November 2016, inter alia, to take on record and approve the Un-audited Financial Result of the Company for the quarter ended 30 September 2016.

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Bhel gains after turnaround in Q2
Nov 08,2016

The result was announced during trading hours today, 8 November 2016.

Meanwhile, the S&P BSE Sensex was up 48.02 points or 0.17% at 27,507.01.

On BSE, so far 20.62 lakh shares were traded in the counter as against average daily volume of 10.02 lakh shares in the past one quarter. The stock hit a high of Rs 146.85 and a low of Rs 140.75 so far during the day. The stock had hit a 52-week high of Rs 196.90 on 6 November 2015. The stock had hit a 52-week low of Rs 90.40 on 29 February 2016. The stock had outperformed the market over the past one month till 7 November 2016, advancing 2.66% compared with 2.15% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 1.02% as against Sensexs 2.21% fall.

The large-cap company has equity capital of Rs 489.52 crore. Face value per share is Rs 2.

The companys total income rose 8.65% to Rs 6860.53 crore in Q2 September 2016 over Q2 September 2015. Order backlog stood at Rs 1.03 lakh crore as on 30 September 2016.

State-run Bharat Heavy Electricals (Bhel) is an integrated power plant equipment manufacturer. It is one of the largest engineering and manufacturing companies in India engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for core sectors of the economy, viz. power, transmission, industry, railways, renewable energy, oil & gas, water and defence. The Government of India currently holds 63.06% stake in Bhel (as per the shareholding pattern as on 30 September 2016).

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Himachal Pradesh gets Centres nod for Pneumonia Vaccine
Nov 08,2016

n++We have achieved a new milestone towards expanding the coverage of full immunization in Himachal Pradesh aimed at reducing child mortality.n++ Shri J P Nadda, Union Minister for Health and Family Welfare stated this as the Health Ministry approved introduction of Pneumococcal Conjugate Vaccine (PCV) under Universal Immunisation Programme. Himachal Pradesh will be among four other states where Pneumonia Vaccines will be introduced along with Bihar, Uttar Pradesh, Rajasthan and Madhya Pradesh in a planned manner from 2017.

Shri Nadda further said that this will give a unique opportunity to the State to demonstrate the combined effect of Diarrhoea Vaccine (Rotavirus) and Pneumonia Vaccine (PCV) reduction intervention on the overall child mortality and morbidity in the State. n++I am sure Himachal Pradesh will be hugely benefitted with this new PCV Vaccine. We want our children to be healthy and this intervention is one step forward in ensuring that,n++ Shri Nadda added.

It may be recalled that the Ministry of Health and Family Welfare had earlier this year introduced Rotavirus Vaccine to combat diarrhoea in the four states of the country - Andhra Pradesh, Haryana, Himachal Pradesh and Odisha.

n++Adding this life-saving vaccine such as PCV and Rotavirus to our immunization program will not only improve the health of our children but will also reduce hospitalization and other conditions associated with diarrhoea and pneumonia such as malnutrition, delayed physical and mental development among children. Reduced hospitalization reduces the economic burden on the family and the health cost burden on the countryn++, Shri Nadda said.

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Board of Rama Steel Tubes approves acquisition of Lepakshi Tubes
Nov 08,2016

Rama Steel Tubes announced that the Board of Directors of the Company at its meeting held on 08 November 2016 approved the acquisition of 100% equity shares of Lepakshi Tubes which is putting up a project to manufacture steel tubes/ hollow sections/ pipes at Lepakshi, Anantpur (A.P.).

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Outcome of board meeting of Themis Medicare
Nov 08,2016

Themis Medicare announced that the Board of Directors of the Company at its meeting held on 08 November 2016 approved -

Allotment of 1000 shares under Themis ESOS Scheme 2012.

The Board also approved a proposal to establish a wholly owned subsidiary in Europe.

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Bridge Securities to announce September quarter results
Nov 08,2016

Bridge Securities announced that the Board of directors of the Company will meet on 14 November 2016, inter alia, include the following:

- to consider and approve the unaudited Financial Result of the Company for the Quarter ended 30 September 2016.

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Board of Astral Poly Technik to consider September quarter results and interim dividend
Nov 08,2016

Astral Poly Technik announced that a meeting of the Board of Directors of the Company will be held on 17 November 2016, inter alia, to consider the Unaudited Financial Results for the quarter and half year ended 30 September 2016 and to consider declaration of Interim Dividend for the Financial year 2016-17.

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Board of A.K.Capital Services approves change in company secretary
Nov 08,2016

A.K.Capital Services announced that the Board of Directors at its meeting held on 07 November 2016 noted the resignation of Kanchan Singh Mehta and approved the appointment Tejas Dawda as Company Secretary & Compliance Officer of the Company with effect from 07 November 2016.

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Ashok Leyland gains after reporting strong Q2 results
Nov 08,2016

The result was announced during market hours today, 8 November 2016.

Meanwhile, the S&P BSE Sensex was down 13.48 points or 0.05% at 27,445.51.

High volumes were witnessed on the counter. On BSE, so far 23.48 lakh shares were traded in the counter as against average daily volume of 11.63 lakh shares in the past one quarter. The stock hit high of Rs 92.10 and low of Rs 88.30 so far during the day. The stock had hit a record high of Rs 112.80 on 13 April 2016. The stock had hit a 52-week low of Rs 75.15 on 30 September 2016. The stock outperformed the market over the past one month till 7 November 2016, gaining 10.34% compared with Sensexs 2.15% decline. The scrip also outperformed the market in past one quarter, gaining 1.82% as against Sensexs 2.21% fall.

The large-cap company has equity capital of Rs 284.59 crore. Face value per share is Rs 1.

Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.

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Board of Asahi Infrastructure & Projects to consider September quarter and half year results
Nov 08,2016

Asahi Infrastructure & Projects announced that the meeting of Board of Director of the Company will be held on 15 November 2016, to consider & discuss following points:

- To, consider Audited Financial Results for the Quarter Ended & Half Year Ended 30 September 2016.

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Share buyback proposal boosts Navneet Education
Nov 08,2016

The announcement was made during market hours today, 8 November 2016.

Meanwhile, the S&P BSE Sensex was up 14.02 points or 0.05% at 27,473.01.

On BSE, so far 1.12 lakh shares were traded in the counter as against average daily volume of 20,816 shares in the past one quarter. The stock was highly volatile. The stock rose as much as 6.4% at the days high of Rs 108.85 so far during the day. The stock fell as much as 0.24% at the days low of Rs 102.05 so far during the day. The stock had hit a 52-week high of Rs 114.90 on 26 October 2016. The stock had hit a 52-week low of Rs 76.10 on 12 February 2016. The stock had outperformed the market over the past one month till 7 November 2016, gaining 1.39% compared with 2.15% fall in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 2.2% as against Sensexs 2.21% fall.

The small-cap company has equity capital of Rs 47.64 crore. Face value per share is Rs 2.

Navneet Educations net profit rose 15.5% to Rs 113.56 crore on 8.6% growth in net sales to Rs 560.54 crore in Q1 June 2016 over Q1 June 2015.

Navneet Education, formerly known as Navneet Publications (India), is in the business of educational, children and general books publication, scholastic paper and non-paper stationery products.

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Astral Poly Technik fixes record date for interim dividend
Nov 08,2016

Astral Poly Technik announced that 25 November 2016 shall be the Record Date for the purpose of payment of interim dividend, if declared by the Board of Directors for the Financial Year 2016-17 at their Meeting to be held on 17 November 2016.

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Outcome of board meeting of Nitin Spinners
Nov 08,2016

Nitin Spinners announced that the Board of Directors of the Company at its meeting held on 08 November 2016 has announced the commencement of test runs on expansion project for installations of 72960 Compact Spindles.

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Board of Maximaa Systems to consider Q2 and HY results
Nov 08,2016

Maximaa Systems announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 November 2016, inter alia, to transact the following business:

- To consider and adopt un-audited financial results for the quarter and half year ended 30 September 2016.

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Board of Sphere Global Services to consider September quarter and appoint CFO
Nov 08,2016

Sphere Global Services announced that the Meeting of Board of Directors of the Company is scheduled on 14 November 2016, inter alia, to transact the following:

1. To approve unaudited financial results for the quarter ended 30 September 2016.

2. Keeping in terms of Insider trading regulations, the trading window to be closed from 08 November 2016 to 16 November 2016.

3. Approve the appointment of CFO.

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