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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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Medi Caps to hold board meeting
Oct 27,2016

Medi Caps will hold a meeting of the Board of Directors of the Company on 11 November 2016 To consider & approve the Standalone Un-Audited Financial Results of the Company for the Quarter ended September 30, 2016.

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Shreenath Investment Company to hold board meeting
Oct 27,2016

Shreenath Investment Company will hold a meeting of the Board of Directors of the Company on 25 October 2016.

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Surana Solar to hold board meeting
Oct 27,2016

Surana Solar will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider the Un-Audited Financial Results of the Company for the Quarter and Half year ended September 30, 2016.

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WW Technology Holdings to hold board meeting
Oct 27,2016

WW Technology Holdings will hold a meeting of the Board of Directors of the Company on 11 November 2016 To consider and adopt the Un-Audited Financial Accounts for the Quarter and half year ended on September 30, 2016.

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Cummins India slips after weak Q2 results
Oct 27,2016

The result was announced after market hours yesterday, 26 October 2016.

Meanwhile, the BSE Sensex was down 121.81 points, or 0.44%, to 27,714.70.

On BSE, so far 12,000 shares were traded in the counter, compared with average daily volume of 39,229 shares in the past one quarter. The stock hit a high of Rs 883.80 and a low of Rs 837 so far during the day. The stock hit a 52-week high of Rs 1,099.50 on 4 November 2015. The stock hit a 52-week low of Rs 746.80 on 26 May 2016. The stock had underperformed the market over the past 30 days till 26 October 2016, falling 2.82% compared with 1.37% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 0.76% as against Sensexs 1.32% decline.

The large-cap company has equity capital of Rs 55.44 crore. Face value per share is Rs 2.

Cummins Indias gross sales rose 5% to Rs 1331 crore in Q2 September 2016 over Q2 September 2015. Domestic sales grew by 8% to Rs 885 crore in Q2 September 2016 over Q2 September 2015. Exports grew by 1% to Rs 446 crore in Q2 September 2016 over Q2 September 2015.

Anant J. Talaulicar, Chairman & Managing Director (CMD) of Cummins India said that the companys exports continue to face headwinds due to the macroeconomic situation. The company continues to make inroads and gain market share domestically, Anant said. Government led investments in roadways and railways continued to drive Cummins sales growth in the industrial engine segment, the CMD added. Despite exports revenues remaining depressed, the companys strong focus on cost optimization and efficiency improvement has helped it sustain its profitability, Anant said. Cummins remains committed to investing in customer-centric, fit-for-market products and technologies as well as in leadership and diverse talent development to continue delivering profitable growth in the future, Anant said.

Cummins India is a leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets.

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Southern Online Bio Technologies to hold board meeting
Oct 27,2016

Southern Online Bio Technologies will hold a meeting of the Board of Directors of the Company on 10 November 2016 to consider and take note of Un-Audited financial Results of the Company for the second quarter and half year ended September 30, 2016.

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Surya Industrial Corporation to hold board meeting
Oct 27,2016

Surya Industrial Corporation will hold a meeting of the Board of Directors of the Company on 7 November 2016.

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Jayshree Chemicals to hold board meeting
Oct 27,2016

Jayshree Chemicals will hold a meeting of the Board of Directors of the Company on 2 November 2016 to take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2016.

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Rajasthan Tube Manufacturing Co to hold board meeting
Oct 27,2016

Rajasthan Tube Manufacturing Co will hold a meeting of the Board of Directors of the Company on 11 November 2016 to take on record the unaudited financial results (provisional) for the Quarter & Half Year ended on September 30, 2016.

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Vandana Knitwear to hold board meeting
Oct 27,2016

Vandana Knitwear will hold a meeting of the Board of Directors of the Company on 8 November 2016 to approve Unaudited Financial results for the Quarter Ended September 30, 2016 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) regulations 2015.

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Atharv Enterprises to hold board meeting
Oct 27,2016

Atharv Enterprises will hold a meeting of the Board of Directors of the Company on 8 November 2016 to consider Unaudited financial results for the Quarter ended September 30, 2016 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) regulations 2015.

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Shree Metalloys to hold board meeting
Oct 27,2016

Shree Metalloys 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 on September 30, 2016.

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Associated Alcohols & Breweries to hold board meeting
Oct 27,2016

Associated Alcohols & Breweries will hold a meeting of the Board of Directors of the Company on 5 November 2016 to consider Unaudited Financial Results for the Quarter and Half year Ended September 30, 2016.

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Board of Hero MotoCorp approves investment of up to Rs 205 crore in Ather Energy
Oct 27,2016

Hero MotoCorp announced that the Board of Directors of the Company, in its meeting held on 26 October 2016, approved an investment of up to Rs 205 crore, in one or more tranches, for approximately 26-30% shareholding in Ather Energy. Ather is a Bangalore-based technology start-up engaged in the business of designing and manufacturing smart Electric Vehicles (EV) and associated charging infrastructure. The said strategic investment is subject to execution of definitive agreements and completion of certain conditions customary for a transaction of this nature.

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Board of Supreme Petrochem recommends dividend
Oct 27,2016

Supreme Petrochem announced that the Board of Directors of the Company at its meeting held on 24 October 2016, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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