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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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SRG Housing Finance to hold board meeting
Mar 15,2017

SRG Housing Finance will hold a meeting of the Board of Directors of the Company on 16 March 2017 To consider allotment of 16,87,300 equity shares of Rs. 10/- each at an issue price of Rs. 90/- each aggregating to Rs. 15,18,57,000/- on preferential basis to non-promoters pursuant to approval of members of the Company obtained through postal ballot on March 14, 2017 and in-principle approval letter received from BSE Limited dated March 07, 2017

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Engineers India to hold board meeting
Mar 15,2017

Engineers India will hold a meeting of the Board of Directors of the Company on 20 March 2017.

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Infosys to hold board meeting
Mar 15,2017

Infosys will hold a meeting of the Board of Directors of the Company on 13 April 2017.

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Prakash Industries allots 1218951 equity shares
Mar 15,2017

Prakash Industries announced that the Committee of the Board of Directors of the Company in its meeting held on 15 March 2017 has allotted 1218951 equity shares on conversion of FCCBs.

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Prakash Industries allots 1218951 equity shares
Mar 15,2017

Prakash Industries announced that the Committee of the Board of Directors of the Company in its meeting held on 15 March 2017 has allotted 1218951 equity shares on conversion of FCCBs.

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BHEL commences commercial operations of first 800 MW coal based STPP
Mar 15,2017

Bharat Heavy Electricals has commenced commercial operations of its first 800 MW - highest rating coal based supercritical thermal power plant. The milestone was achieved for the first unit of the 2x800 MW Yeramarus thermal power station of Raichur Power Corporation, in Raichur district of Karnataka.

Significantly, the commercial operation of this unit also marks BHELs foray as a developer into the field of power generation. Karnataka Power Corporation and BHEL are the main equity partners of RPCL, the owner and operator of this power plant.

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BHEL commences commercial operations of first 800 MW coal based STPP
Mar 15,2017

Bharat Heavy Electricals has commenced commercial operations of its first 800 MW - highest rating coal based supercritical thermal power plant. The milestone was achieved for the first unit of the 2x800 MW Yeramarus thermal power station of Raichur Power Corporation, in Raichur district of Karnataka.

Significantly, the commercial operation of this unit also marks BHELs foray as a developer into the field of power generation. Karnataka Power Corporation and BHEL are the main equity partners of RPCL, the owner and operator of this power plant.

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Gujarat Containers appoints director
Mar 15,2017

Gujarat Containers announced the appointment of Sanjay Shah as an Additional Independent Director of the Company with effect from 06 March 2017 for a term of Consecutive 5 years, subject to approval of shareholders in General Meeting of the Company.

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JSW Steel gains after good steel production in February
Mar 15,2017

The announcement was made during trading hours today, 15 March 2017.

Meanwhile, the S&P BSE Sensex was down 20.67 points, or 0.07% to 29,421.96.

On the BSE, 1.54 lakh shares were traded in the counter so far, compared with average daily volumes of 4.05 lakh shares in the past one quarter. The stock had hit a high of Rs 184.60 and a low of Rs 180.30 so far during the day.

The stock hit a record high of Rs 201.40 on 31 January 2017. The stock hit a 52-week low of Rs 117.25 on 15 March 2016.

The stock had underperformed the market over the past one month till 14 March 2017, falling 3.43% compared with 3.85% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 11.20% as against Sensexs 10.67% rise.

The large-cap company has equity capital of Rs 241.72 crore. Face value per share is Re 1.

JSW Steel said its total production of flat-rolled steel products rose 23% to 8.96 lakh tonnes in February 2017 over February 2016. Total production of long-rolled steel products rose 8% to 2.50 lakh tonnes in February 2017 over February 2016.

On a consolidated basis, JSW Steel reported net profit of Rs 730.05 crore in Q3 December 2016 as against net loss of Rs 709.09 crore in Q3 December 2015. Net sales rose 61% to Rs 13797.50 crore in Q3 December 2016 over Q3 December 2015.

JSW Steel is the leading integrated steel company in India with an installed steel-making capacity of 18 million tonnes per annum (MTPA).

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Dilip Buildcon announces incorporation of subsidiary
Mar 15,2017

Dilip Buildcon has incorporates a wholly owned subsidiary - JALPA DEVI ENGINEERING. This company will be manufacturing manganese castings for stone crushing equipment and fabrication of girders, road furniture.

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Oracle Financial Services Software allots 25,107 equity shares
Mar 15,2017

Oracle Financial Services Software announced that ESOP Allotment Committee of the Company at its meeting held on 15 March 2017 allotted 25,107 equity shares of face value of Rs.5/- each to the eligible Employees of the Company who have exercised their stock options under the Employee Stock Option Scheme 2010, Employee Stock Option Scheme 2011 and OFSS Stock Plan 2014. These shares rank pari passu with the existing equity shares of the Company in all respects. In this allotment, no shares are allotted to Directors of the Company.

With this allotment, the paid up capital of the Company has increased to Rs. 425,532,030.00 divided into 85,106,406 equity shares of face value of Rs.5/- each.

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ICICI Bank allots 85,200 equity shares
Mar 15,2017

ICICI Bank has allotted 85,200 equity shares under ESOS on 14 March 2017.

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JSW Steel announces production figures
Mar 15,2017

JSW Steel has reported crude steel production at 12.56 lakh tonnes for February 2017, recording a growth of 25% over 10.13 lakh tonnes production achieved in February 2016.

Production of flat rolled products rose 23% and long rolled products rose 8% at 8.96 lakh tonnes and 2.50 lakh tonnes respectively in February 2017 over February 2016.

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Bajaj Corp commences commercial production at new plant in Assam
Mar 15,2017

Bajaj Corp has commenced commercial production with effect from 15 March 2017 at its newly set-up plant at Plot No. 63-64, Brahmaputra Industrial Area, Village Silla, Mouza Sila Sinduri Ghopa, Assam - 781 031.

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Rubfila International provides operations update
Mar 15,2017

Rubfila International announced successful commissioning of the expanded capacity of fifth line for manufacturing Heat Resistant Latex Rubber Thread.

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