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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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Switching Technologies Gunther to hold board meeting
Oct 20,2016

Switching Technologies Gunther will hold a meeting of the Board of Directors of the Company on 31 October 2016 to consider and approve the un-audited financial results of the Company for the Quarter ended September 30, 2016.

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Ashoka Buildcon gains after receipt of letters of intent
Oct 20,2016

The announcement was made after market hours yesterday, 19 October 2016.

Meanwhile, the S&P BSE Sensex was up 121.13 points, or 0.43%, to 28,105.50

On BSE, so far 22,000 shares were traded in the counter, compared with an average volume of 65,927 shares in the past one quarter. The stock hit a high of Rs 172.35 and a low of Rs 168.75 so far during the day. The stock hit a record high of Rs 211.90 on 23 December 2015. The stock hit a 52-week low of Rs 111 on 7 April 2016. The stock had outperformed the market over the past 30 days till 19 October 2016, falling 1.07% compared with 1.89% decline in the Sensex. The scrip, however, underperformed the market in past one quarter, gaining 0.18% as against Sensexs 0.99% rise.

The mid-cap company has an equity capital of Rs 93.57 crore. Face value per share is Rs 5.

Ashoka Buildcon said that the company has received letters of intent (LOIs) from Dakshinanchal Vidyut Vitran Nigam (DVVNL) for execution of work on rural electrification on turnkey basis under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) scheme, a Government of India scheme on behalf of DVVNL/Government of Uttar Pradesh for Aligarh and Kanpur zones. The aggregate accepted bid value of the projects is Rs 178.66 crore.

On a consolidated basis, Ashoka Buildcons net profit dropped 32.72% to Rs 30.82 crore on 4.36% fall in total income to Rs 476.52 crore in Q1 June 2016 over Q1 June 2015.

Ashoka Buildcon is a leading highway concessionaire and engineering, procurement and construction (EPC) company.

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Board of Scan Steels allots equity shares on conversion of warrants
Oct 20,2016

Scan Steels announced that the Board of Directors of the Company at its meeting held on 20 October 2016 has approved the allotment of 1733333 equity shares of Rs 10 each on conversion of warrants. Consequently, the paid up share capaital of the Company has increased to 50538963 equity shares of Rs 10 each.

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Hindustan Organic Chemicals to hold board meeting
Oct 20,2016

Hindustan Organic Chemicals will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider and to approve the Un-audited Financial Results of the Company for the 2nd Quarter/Half year ended September 30, 2016 and to fix the date for Extra Ordinary General Meeting (EGM) of the Company.

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Sellwin Traders to hold board meeting
Oct 20,2016

Sellwin Traders will hold a meeting of the Board of Directors of the Company on 8 November 2016 to consider approve and take on record the Un-audited Financial Results for the Quarter and Half Year ended September 30, 2016.

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K.P. Energy to hold board meeting
Oct 20,2016

K.P. Energy will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and approve the standalone and consolidated unaudited financial results/ Accounts of the Company for the Half year ended on September 30, 2016.

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Gati to hold board meeting
Oct 20,2016

Gati will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider and approve the unaudited financial results (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2016 (Q2).

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Compuage Infocom to hold board meeting
Oct 20,2016

Compuage Infocom will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider and approve, the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2016 alongwith note of the Limited Review Report for the said period and Statement of Assets and Liabilities for the half year ended September 30, 2016.

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Ashika Credit Capital to hold board meeting
Oct 20,2016

Ashika Credit Capital will hold a meeting of the Board of Directors of the Company on 29 October 2016 to consider The Un-Audited financial Results of the company along with Limited Review report for the quarter ended September 30, 2016.

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ECE Industries to hold board meeting
Oct 20,2016

ECE Industries will hold a meeting of the Board of Directors of the Company on 19 October 2016.

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Prime Property Development Corpn. to hold board meeting
Oct 20,2016

Prime Property Development Corpn. will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider, approve and take on record the Un- Audited Financial Results for the Quarter and Half Year ended September 30, 2016

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Board of ASM Technologies recommends dividend
Oct 20,2016

ASM Technologies announced that the Board of Directors of the Company at its meeting held on 19 October 2016, inter alia, have recommended the dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Oasis Textiles to hold AGM
Oct 20,2016

Oasis Textiles announced that the 41th Annual General Meeting(AGM) of the company on 30 September 2016.

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Indo Credit Capital to hold board meeting
Oct 20,2016

Indo Credit Capital will hold a meeting of the Board of Directors of the Company on 27 October 2016 to Consider and to approve the Unaudited Financial Results for the quarter and half year ended on September 30, 2016.

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Mishtann Foods to hold board meeting
Oct 20,2016

Mishtann Foods will hold a meeting of the Board of Directors of the Company on 26 October 2016 To consider, adopt and approve Standalone as well as Consolidated Unaudited Financial Results for the quarter and half-year ended on September 30, 2016

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