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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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South Indian Bank revises MCLR
Nov 01,2016

South Indian Bank with effect from 01st November 2016 has revised its Marginal Cost of Funds Based Lending Rate (MCLR) as follows: Overnight MCLR: 9.30%, One-month MCLR: 9.35%, Three-month MCLR: 9.40%, Six-month MCLR: 9.50%, and One year MCLR: 9.80%.

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Board of Dwitiya Trading approve sub-division of shares
Nov 01,2016

The board of Dwitiya Trading at the meet5ing held on 31st October 2016 has approved the sub-division of equity shares of the company of face value of Rs. 10/- each, into 5 Equity Shares of face value of Rs. 2/- each, and the change in name of the company to n++Spice Industries Limitedn++ and the subsequent alteration in the Memorandum and Articles of Association of the Company subject to the approval of the members at the ensuing Extra-ordinary General Meeting

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Strides Shasun gains after USFDA approval for Abacavir tablets
Nov 01,2016

The announcement was made during trading hours today, 1 November 2016.

Meanwhile, the BSE Sensex was down 3.55 points, or 0.01%, to 27,926.66.

On BSE, so far 42,000 shares were traded in the counter, compared with average daily volume of 71,555 shares in the past one quarter. The stock hit a high of Rs 1,069 and a low of Rs 1,026.20 so far during the day. The stock hit a record high of Rs 1,412.45 on 23 November 2015. The stock hit a 52-week low of Rs 848 on 29 February 2016. The stock had outperformed the market over the past 30 days till 30 October 2016, rising 3.53% compared with 0.23% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 8.41% as against Sensexs 0.26% decline.

The mid-cap company has equity capital of Rs 89.37 crore. Face value per share is Rs 10.

Strides Shasuns consolidated net profit rose 106.90% to Rs 74.09 crore on 36.26% rise in net sales to Rs 922.17 crore in Q2 September 2016 over Q2 September 2015.

Strides Shasun is a vertically integrated global pharmaceutical company headquartered in Bangalore. The company has four business verticals, viz., regulated markets, emerging markets, institutional business and pharmaceutical services & active ingredients.

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COSYN to hold board meeting
Nov 01,2016

COSYN will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and approve the unaudited Financial Results of the Company for the Quarter ended September 30, 2016.

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Ujjivan Financial Services to hold board meeting
Nov 01,2016

Ujjivan Financial Services will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30 September 2016.

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Ashari Agencies to hold board meeting
Nov 01,2016

Ashari Agencies will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and take on record the Unaudited Financial Results for the quarter ended 30 September 2016.

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Blue Chip India to hold board meeting
Nov 01,2016

Blue Chip India will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016.

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Silicon Valley Infotech to hold board meeting
Nov 01,2016

Silicon Valley Infotech will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016.

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Aurum Soft Systems to hold board meeting
Nov 01,2016

Aurum Soft Systems will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider the unaudited standalone financial results for the quarter ended 30 September 2016.

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CMS Finvest to hold board meeting
Nov 01,2016

CMS Finvest will hold a meeting of the Board of Directors of the Company on 10 November 2016, to consider and take on record the Unaudited Financial Results of the Company for the quarter ended 30 September 2016.

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Sakthi Finance to hold board meeting
Nov 01,2016

Sakthi Finance will hold a meeting of the Board of Directors of the Company on 14 November 2016, to approve the unaudited Financial Results for the quarter and half year ended 30 September 2016.

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Galada Finance to hold board meeting
Nov 01,2016

Galada Finance will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider, approve and take on record the Unaudited Financial Results for the quarter ended 30 September 2016.

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Galada Power & Telecommunication to hold board meeting
Nov 01,2016

Galada Power & Telecommunication will hold a meeting of the Board of Directors of the Company on 12 November 2016, to approve the Un-audited Financial Results for the half year ended 30 September 2016.

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Board of Kitex Garments recommends dividend
Nov 01,2016

Kitex Garments announced that the Board of Directors of the Company at its meeting held on 31 October 2016, inter alia, have recommended the dividend of Rs 0.75 per equity Share (i.e. 75%) , subject to the approval of the shareholders.

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ATN International to hold board meeting
Nov 01,2016

ATN International will hold a meeting of the Board of Directors of the Company on 10 November 2016, to consider and take on record the Unaudited Financial Results of the Company for the quarter ended September 30 2016.

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