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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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Board of Prime Urban Development India to consider Q3 results
Jan 27,2017

Prime Urban Development India announced that a meeting of the Board of Directors of the Company will be held on 06 February 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ended 31 December 2016 (Q3).

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Board of Kulkarni Power Tools to consider December quarter results
Jan 27,2017

Kulkarni Power Tools announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 11 February 2017, for approval of Unaudited Financial Results for the quarter ended as on 31 December 2016.

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Board of Lokesh Machines approves technical tie up with EMKO Group
Jan 27,2017

Lokesh Machines announced that the Board of Directors at their Meeting held on 27 January 2017, inter alia, has approved the following:

- Technical Tie-up agreement with EMKO Group of Austria.

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Saregama India drops after poor Q3 outcome
Jan 27,2017

The result was announced after market hours on Wednesday, 25 January 2017.

Meanwhile, the S&P BSE Sensex was up 241.06 points or 0.87% at 27,949.20.

On the BSE, 3,013 shares were traded on the counter so far as against the average daily volumes of 12,000 shares in the past two weeks.

The stock had hit a high of Rs 234.40 and a low of Rs 228.20 so far during the day.

Saregama India is engaged in the digital distribution of its music catalogue across various languages and genres.

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Linc Pen & Plastics intimates of fire incident at its Delhi branch godown
Jan 27,2017

Linc Pen & Plastics announced that a fire incident occurred on 26 January 2017 in the Companys Delhi Branch Godown located at Gurudwara Road, Dilshad Garden, Delhi - 110 095.

The maximum stock levels in that godown use to be around Rs. 40 Lacs and the Company has an insurance coverage of Rs. 55 Lacs.

There is no material impact on the operation of the Company.

The management of the Company is taking necessary action.

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NLC India advances on plans of share buyback
Jan 27,2017

The announcement was made after market hours on Wednesday, 25 January 2017.

Meanwhile, the BSE Sensex was up 242.59 points, or 0.88%, to 27,950.73.

A jump in share price was accompanied by higher than usual volumes on the counter. On the BSE, 1.48 lakh shares were traded in the counter so far, compared with an average volume of 48,241 shares in the past one quarter. The stock had hit a high of Rs 100.10 in intraday trade, which is also a 52-week high for the stock. The stock hit a low of Rs 96.20 so far during the day. The stock had hit a 52-week low of Rs 60.35 on 1 March 2016.

The stock had outperformed the market over the past one month till 25 January 2017, gaining 24.47% compared with 6.4% gains in the Sensex. The scrip had also outperformed the market in past one quarter, rising 17.13% as against Sensexs 1.36% fall.

The large-cap company has an equity capital of Rs 1677.71 crore. Face value per share is Rs 10.

NLC Indias net profit fell 13.62% to Rs 300.42 crore on 19.7% rise in net sales to Rs 2056.67 crore in Q2 September 2016 over Q2 September 2015.

NLC India operates lignite mines, pithead thermal power stations and also has operations in renewable energy sector.

As per the shareholding pattern as on 31 December 2016, the Government of India held 90% stake in the company.

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NTPC issues n++ 500,000,000 2.75 per cent, notes due 2027
Jan 27,2017

NTPC has launched an issue of n++ 500,000,000 2.75 per cent, notes due 2027 (n++Notesn++) priced on 25 January 2017. The Notes carry a coupon of 2.75% per annum payable annually. The Notes will mature on 01 February 2027 and the principal and interest payment will be made in Euros. The Notes are expected to be settled by 01 February 2017. The proceeds of the issue will be used for the Companys projects in India.

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Tamil Nadu Newsprint & Papers to consider December quarter results
Jan 27,2017

Tamil Nadu Newsprint & Papers announced that a meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to take on record the Unaudited Financial Results (Standalone) for the quarter ended 31 December 2016.

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Ipca Laboratories Board to consider Q3 results
Jan 27,2017

Ipca Laboratories announced that a meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to take on record the Unaudited Financial Results for the 3rd quarter and nine months ended 31 December 2016 (Q3) of the financial year 2016-17.

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Board of Hindustan Motors to consider Q3 results
Jan 27,2017

Hindustan Motors announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Third quarter ended 31 December 2016.

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Board of Oracle Credit to consider Q3 and 9M results
Jan 27,2017

Oracle Credit announced that a meeting of the Board of Directors is proposed to be held on 06 February 2017, inter alia, to consider and approve Unaudited Financial Results of the Company for the quarter and nine months ended 31 December 2016.

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Loyal Textile Mills to consider December quarter results
Jan 27,2017

Loyal Textile Mills announced that the meeting of the Board of Directors of the Company is scheduled to be held on 09 February 2017, to consider the unaudited financial results for the Quarter ended 31 December 2016.

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Board of Lumax Industries approves capital expenditure up to Rs 100 crore
Jan 27,2017

Lumax Industries announced that the Board of Directors in their meeting held on 25 January 2017, has approved a Capital Expenditure Plan upto Rs. 100 crore (rounded off) to be done over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of Automotive lighting products to its customers.

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Compuage Infocom fixes record date for stock split
Jan 27,2017

Compuage Infocom has fixed 17 February 2017 as the Record Date for purpose of subdivision of 1 (One) Equity Share of Rs.10/- (Rupees Ten only) each of the Company into 5 (Five) Equity Shares of face value of Rs.2/- (Rupee Two only) each.

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Board of IIFL Holdings declares interim dividend
Jan 27,2017

IIFL Holdings announced that the Board of Directors of the Company at its meeting held on 25 January 2017, inter alia, has declared an interim dividend of Rs. 4.50 per equity shares of the face value of Rs. 2/- each for the financial year 2016-17.

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