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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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ABC India director resigns
Jan 06,2017

ABC India announced that Dr. Ashok Kumar Agarwal, Director of the Company has resigned from the Board of Directors of the Company with effect from 06 January 2017 due to his personal reasons.

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FPIs selling vigour ebbs
Jan 06,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 39.14 crore into the secondary equity markets on 5 January 2017, much lower than their net outflow of Rs 691.99 crore during the preceding trading session on 4 January 2017. The net outflow of Rs 39.14 crore on 5 January 2017 was a result of gross purchases of Rs 4542.58 crore and gross sales of Rs 4581.72 crore. On that day, the Sensex gained 245.11 points or 0.92% to settle at 26,878.24, its highest closing level since 10 November 2016.

There was a net outflow of Rs 3.73 crore from the category primary market & others on 5 January 2017, which was a result of gross purchases of Rs 0.37 crore and gross sales of Rs 4.10 crore.

FPIs have sold stocks worth a net Rs 2152.62 crore in January 2017 so far (till 5 January 2017). They sold stocks worth a net Rs 8960.36 crore into the secondary equity markets in December 2016. FPIs had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

There has been a net outflow of Rs 151.86 crore from FPIs from the category primary market & others in January 2017 so far (till 5 January 2017). There was a net inflow of Rs 784.07 crore from FPIs into the category primary market & others in December 2016. The net inflow from FPIs into category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

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Board of Foseco India to consider December quarter results and final dividend for FY 2016
Jan 06,2017

Foseco India announced that a Meeting of the Board of Directors of the Company will be held on 08 February 2017, to inter alia, consider, approve and take on record the Audited Financial Results of the Company for the quarter and year ended 31 December 2016 and also to consider, if thought fit, to recommend the final dividend for the financial year ended 31 December 2016.

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JSW Energy secures order from Power Company of Karnataka
Jan 06,2017

JSW Energy has successfully secured an order from Power Company of Karnataka (PCKL) for supply of 650 MW upto 31 May 2017 for short term sale of power.

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Pokarna Engineered Stone parters with IKEA India
Jan 06,2017

Pokarna announced that its wholly owned subsidiary, Pokarna Engineered Stone has partnered IKEA India, to serve as its exclusive quartz surfaces supply and installation partner. Under the agreement, Pokarna will supply engineered quartz surfaces countertop and will also undertake measuring, planning, installation and home delivery of its products to IKEAs customers.

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Source Natural Foods & Herbal Supplements provides update on holding company
Jan 06,2017

Source Natural Foods & Herbal Supplements announced that the Companys holding Company has informed the Company that its name is changed from Sumeru Ayurveda to Sriveda Sattva.

The Certificate of Incorporation issued by the Registrar of Companies, Karnataka pursuant to change of name is enclosed herewith.

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Titan Securities announces change in directorate
Jan 06,2017

Titan Securities announced that Vikas Sharma had resigned from the post of Director. Further, Ravinder Gupta has been appointed as Additional Director (Non-Executive, Independent) with effect from 12 December 2016 to hold office upto the date of the ensuing Annual General Meeting of the Company.

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BEML gets in-principal approval for divestment of GoIs 26% stake
Jan 06,2017

BEML announced that the Government of India, Ministry of Defence, has communicated in-principal approval of the Cabinet Committee on Economic Affairs (CCEA) of the Government of India, for strategic disinvestment of 26% equity shares in BEML out of Government of India shareholding of 54.03%. The said shareholding would be sold to the strategic buyer/s to be identified by the Government of India by following due procedure.

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Steel Authority of India announces cessation of director
Jan 06,2017

Steel Authority of India announced that consequent to her release from the Ministry of Steel, Bharathi S. Sihag, Special Secretary to Govt. of India, Ministry of Steel, has ceased to be a Director on the Board of Directors of the Company.

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Key Corp to announce Q3 results
Jan 06,2017

Key Corp announced that the meeting of the Board of Directors of the Company will be held on 14 January 2017 to consider the unaudited financial results of the Company for the 3rd quarter ended 31 December 2016.

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Perfect-Octave Media Projects to consider December quarter results
Jan 06,2017

Perfect-Octave Media Projects announced that a meeting of Board of Directors of the Company shall be held on 13 January 2017 to consider inter-alia the following:

1. To approve unaudited financial results for the quarter ended on 31 December 2016.

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Aro Granite Industries to announce Q3 and 9M results
Jan 06,2017

Aro Granite Industries announced that the meeting of the Board of Directors of the Company will be held on 25 January 2017 inter alia to approve the Audited Financial Results for the third quarter and Nine-months period ended 31 December 2016.

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Board of Sri Nandaa Spinners to consider December quarter results
Jan 06,2017

Sri Nandaa Spinners announced that the meeting of the Board of Directors of the Company will be held on 17 January 2017, interalia take on record the Unaudited Financial Results & Limited review report of the Company for the Quarter ended 31 December 2016.

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Olympic Management & Financial Services to announce December quarter results
Jan 06,2017

Olympic Management & Financial Services announced that the meeting of the Board of Directors of the Company will be held on 13 February 2017 to consider the unaudited quarterly result for the quarter ended 31 December 2016.

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Board of Damodar Industries to consider December quarter results
Jan 06,2017

Damodar Industries announced that a meeting of the Board of Directors of the Company will be held on 30 January 2017 interalia, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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