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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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Sagar Tourist Resorts to hold board meeting
Nov 07,2016

Sagar Tourist Resorts will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve the Un-audited Financial Results for the Second Quarter and Half Year, ended September 30, 2016 for the F.Y. 2016-2017.

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Honda Siel Power hits record high after stellar Q2 earnings
Nov 07,2016

The result was announced on Saturday, 5 November 2016.

Meanwhile, the S&P BSE Sensex was up 240.97 points or 0.88% at 27,515.12.

On BSE, so far 13,000 shares were traded in the counter as against average daily volume of 4,029 shares in the past one quarter. The stock hit a high of Rs 1,750 so far during the day, which is a record high for the counter. The stock hit a low of Rs 1,632 so far during the day. The stock had hit a 52-week low of Rs 1,075.75 on 26 February 2016. The stock had outperformed the market over the past one month till 4 November 2016, advancing 13.14% compared with 3.74% fall in the Sensex. The scrip had also outperformed the market in past one quarter, surging 31.16% as against Sensexs 1.59% fall.

The small-cap company has equity capital of Rs 10.14 crore. Face value per share is Rs 10.

Honda Siel Power Products is a manufacturer of power products and is a subsidiary of Honda Motor Co. Japan.

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SEA requests the Government to initiate Market Intervention Operation to buy groundnut shell at MSP
Nov 07,2016

This year, during the current kharif season, country will be harvesting a bumper groundnut crop of about 55.0 lakh tonnes against 32.3 lakh tonnes last year. The total production of groundnut in shell as per trade estimate would be about 70.0 lakh tonnes for the current oil year against last year 45.0 Lakh tonnes. Government has fixed Minimum Support Price for groundnut in shell at Rs.4,220 per quintal, whereas due to bumper crop, the prices has already fallen below MSP and farmers are forced to sell in distress at Rs.3,700/- to Rs.3,800/- per quintal which is likely to go down further with the full arrival pressure, discouraging and disappointing the groundnut farmers.

To support the groundnut farmers, Solvent Extractors Association of India (SEA) has strongly requested the Government to initiate Market Intervention Operation (MIO) to buy groundnut shell at MSP and also allow immediately the export of groundnut oil in bulk to support the price level.

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Tata Motors gains after Jaguar Land Rover posts decent retail sales in October
Nov 07,2016

The announcement was made during market hours today, 7 November 2016.

Meanwhile, the S&P BSE Sensex was up 209.76 points or 0.77% at 27,483.91.

On BSE, so far 1.49 lakh shares were traded in the counter as against average daily volume of 7.96 lakh shares in the past one quarter. The stock hit a high of Rs 520.90 and a low of Rs 512 so far during the day. The stock had hit a 52-week high of Rs 598.60 on 7 September 2016. The stock had hit a 52-week low of Rs 266 on 11 February 2016. The stock had underperformed the market over the past one month till 4 November 2016, dropping 6.78% compared with the Sensexs 3.74% fall. The scrip had, however, outperformed the market in past one quarter, gaining 2.36% as against the Sensexs 1.59% decline.

The large-cap company has equity capital of Rs 577.44 crore. Face value per share is Rs 2.

Jaguar Land Rovers retail sales rose 11% to 46,325 vehicles in October 2016 over October 2015. The company reported best ever retail sales for any October month. The months performance has been driven by strong sales of the Land Rover Discovery Sport, Range Rover Evoque, Jaguar XF and the introduction of the Jaguar F-PACE, as well as strong year on year sales growth in China and Europe.

Jaguar Land Rover delivered solid retail sales growth across the majority of key regions for October, with China up 39%, Europe up 25%, the UK and North America both up 8% but other overseas markets down 22%.

Jaguar recorded its best October ever, with retail sales jumping 93% to 14,402 vehicles in October 2016 over October 2015, reflecting the strong launch of the F-PACE and the introduction of the long-wheel base XFL in China. Land Rovers sales fell 6% to 31,923 vehicles in October 2016 over October 2015, as production of the Defender and Discovery ceased in January 2016 and August 2016 respectively. Sales of the all-new Discovery are expected to commence in Spring 2017.

Tata Motors consolidated net profit declined 57% to Rs 2260.40 crore on 10.1% rise in net sales to Rs 64940.12 crore in Q1 June 2016 over Q1 June 2015. The company will announce its Q2 results on 14 November 2016.

Tata Motors is a market leader in commercial vehicles in India. The companys British unit JLR sells premium luxury cars.

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Board of Bobshell Electrodes to consider September quarter results
Nov 07,2016

Bobshell Electrodes announced that a meeting of the Board of Directors of the Company will be held on 14 November 2016, for the purpose of adopting and taking on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016.

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Unishire Urban Infra to approve half year results
Nov 07,2016

Unishire Urban Infra announced that a meeting of the Board of Directors of the Company will be held on 12 November 2016, inter alia, to consider and approve the Audited Financial Results for the half year ended 30 September 2016.

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Gujarat Fluorochemicals board to consider September quarter and half year results
Nov 07,2016

Gujarat Fluorochemicals announced that a meeting of the Board of Directors of the Company is scheduled to be held on 15 November 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter and half year ended on 30 September 2016.

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Board of United Van Der Horst to consider September quarter and half year results
Nov 07,2016

United Van Der Horst announced that a meeting of the Board of Directors of the Company will be held on 14 November 2016, to take on record the un-audited financial results of the Company for the quarter and half year ended on 30 September 2016.

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Flexituff International to consider Q2 and HY results
Nov 07,2016

Flexituff International announced that a meeting of Board of Directors of the Company is scheduled on 11 November 2016, inter alia, to consider and approve Unaudited financial Results for the quarter & half-year ended on 30 September 2016.

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Board of Artefact Projects to consider quarterly results and appointment of director
Nov 07,2016

Artefact Projects announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 November 2016, inter alia, to consider and approve the following matters:

1. Standalone Unaudited Financial Results for the quarter and six months ended 30 September 2016 and

2. To consider appointment of Independent Director.

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GAIL (India) to consider Q2 results
Nov 07,2016

GAIL (India) announced that a meeting of the Board of Directors of the Company is scheduled to be held on 15 November 2016, inter alia, to consider the un-audited Financial Results for the quarter/Half year ended on 30 September 2016 (Q2).

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Great Eastern Shipping Company to issue NCDs aggregating Rs 400 cr
Nov 07,2016

Great Eastern Shipping Company announced that the Debenture Issue Committee at its meeting held on 07 November 2016 approved the issue of 4000 Unsecured Non-Convertible Debentures of Rs 10 lakh each aggregating Rs 400 crore by way of private placement.

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Career Point to hold board meeting
Nov 07,2016

Career Point will hold a meeting of the Board of Directors of the Company on 11 November 2016.

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Divinus Fabrics director resigns
Nov 07,2016

Divinus Fabrics announced Preeti Srivastava (Non-Executive Independent Director) has tender her resignation letter to the Company with immediate effect.

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Sunflag Iron & Steel Company announces demise of director
Nov 07,2016

Sunflag Iron & Steel Company announced that P. B. Bhardwaj, Non-executive Chairman (Promoter Group) of the Company ceased to be the Director (Chairman) of the Company due to sad demise after prolonged ill-health on Sunday, the 06 November 2016 at London (UK).

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