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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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Mastek to pay interim dividend
Oct 18,2016

Mastek announced that interim dividend of Re 1 per share will be paid on 16 November 2016.

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Mastek fixes record date for interim dividend
Oct 18,2016

Mastek has fixed 02 November 2016 as the Record Date for the purpose of Payment of Interim Dividend.

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Speciality Restaurants gains after announcing opening of new restaurant
Oct 18,2016

Accordingly, the total number of restaurants and confectionaries of the company are 107 (including 25 franchise restaurants) and 17 respectively. The announcement was made during market hours today, 18 October 2016.

Meanwhile, the S&P BSE Sensex was up 520.91 points or 1.89% at 28,050.88

On BSE, so far 3,104 shares were traded in the counter as against average daily volume of 14,721 shares in the past one quarter. The stock hit a high of Rs 90.30 and a low of Rs 87.05 so far during the day. The stock had hit a 52-week high of Rs 158.40 on 16 October 2015. The stock had hit a 52-week low of Rs 80 on 18 August 2016. The stock had outperformed the market over the past 30 days till 17 October 2016, falling 1.08% compared with 3.74% decline in the Sensex. The scrip, however, underperformed the market in past one quarter, sliding 6.12% as against Sensexs 0.93% decline.

The small-cap company has an equity capital of Rs 46.96 crore. Face value per share is Rs 10.

Speciality Restaurants reported net loss of Rs 5.81 crore in Q1 June 2016 as compared with net profit of Rs 2.27 crore in Q1 June 2015. Net sales fell 1.69% to Rs 77.43 crore in Q1 June 2016 over Q1 June 2015.

Speciality Restaurants is the owner of restaurant brands like Mainland China, Flame & Grill, Machaan, Oh! Calcutta, Sigree and Haka.

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Thangamayil Jewellery to hold board meeting
Oct 18,2016

Thangamayil Jewellery will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider and approve the Un-Audited financial results for the 2nd Quarter ended September 30, 2016.

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eClerx Services to hold board meeting
Oct 18,2016

eClerx Services will hold a meeting of the Board of Directors of the Company on 7 November 2016 to approve and take on record the Un-audited Financial Results for the quarter and half year ended on September 30, 2016 (Q2).

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Aksh Optifibre to hold board meeting
Oct 18,2016

Aksh Optifibre will hold a meeting of the Board of Directors of the Company on 11 November 2016 to consider the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2016.

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Ramkrishna Forgings to hold board meeting
Oct 18,2016

Ramkrishna Forgings will hold a meeting of the Board of Directors of the Company on 12 November 2016 to consider and approve the Unaudited Financial Results for the Quarter and Half Year ended September 30, 2016.

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Royal Orchid Hotels to hold board meeting
Oct 18,2016

Royal Orchid Hotels will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve the Un-Audited Standalone Financial Results for the quarter and half year ended September 30, 2016.

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Gaurav Mercantiles to hold board meeting
Oct 18,2016

Gaurav Mercantiles will hold a meeting of the Board of Directors of the Company on 27 October 2016 to approve the Un-Audited Financial Results of the Company for the quarter ended September 30, 2016 and to consider the other matter, if any.

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Mastek spurts after Q2 earnings
Oct 18,2016

The result was announced during trading hours today, 18 October 2016.

Meanwhile, the BSE Sensex was up 520.91 points, or 1.89%, to 28,050.88.

On BSE, so far 10.26 lakh shares were traded in the counter, compared with average daily volume of 24,591 shares in the past one quarter. The stock hit a high of Rs 153.90 and a low of Rs 133.50 so far during the day. The stock hit a 52-week high of Rs 211.40 on 1 December 2015. The stock hit a 52-week low of Rs 104.70 on 17 February 2016. The stock had outperformed the market over the past 30 days till 17 October 2016, rising 4.98% compared with 3.74% decline in the Sensex. The scrip had also outperformed the market in past one quarter, falling 0.11% as against Sensexs 0.93% decline.

The small-cap company has equity capital of Rs 11.62 crore. Face value per share is Rs 5.

Masteks consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 27.3% to Rs 13.80 crore in Q2 September 2016 over Q1 June 2016. EBITDA margin was reported at 10.7% in Q2 September 2016 higher than 8.1% in Q1 June 2016.

The growth was driven by the ongoing operational improvement initiatives, effective expense management and decrease in tax expense, the company said in a release.

Mastek is a publicly held leading IT player with global operations providing enterprise solutions to government, retail and financial services organizations worldwide.

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GSL Securities to hold board meeting
Oct 18,2016

GSL Securities will hold a meeting of the Board of Directors of the Company on 2 November 2016.

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Lahoti Overseas to hold board meeting
Oct 18,2016

Lahoti Overseas will hold a meeting of the Board of Directors of the Company on 26 October 2016 to consider and approve the Quarterly and Half Yearly Unaudited Financial Results for the quarter and half year ended September 30, 2016 and such other matters as specified in Agenda.

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Gokaldas Exports to hold board meeting
Oct 18,2016

Gokaldas Exports will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider the Un-audited Financial Results and the inter alia for the quarter and half year ended September 30, 2016.

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Dish TV India to hold board meeting
Oct 18,2016

Dish TV India will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider, approve and take on record the Un-Audited Financial Results of the Company for the Second Quarter (Q2) and six months period ended September 30, 2016 of the Financial Year 2016-17, duly reviewed (Limited Review) by the Statutory Auditors of the Company.

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Mayur Floorings to hold board meeting
Oct 18,2016

Mayur Floorings will hold a meeting of the Board of Directors of the Company on 29 October 2016 To consider, approve and adopt the unaudited financial results of the Company for the financial quarter / period ended as on September 30, 2016, Appointment / Resignation of office bearers (Such as Auditor, Secretarial Auditor, Scrutinizes, Company Secretary, Director etc.)

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