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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 MEP Infrastructure Developers to consider Q3 results and interim dividend
Jan 30,2017

MEP Infrastructure Developers announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, to consider, approve and take on record the Un-Audited Standalone and Consolidated Financial Results of the Company for the 3rd quarter and nine months ended 31 December 2016 and to consider declaration of interim dividend, if any, for the financial year 2016-17.

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Board of Apollo Tyres to consider further fund raising
Jan 30,2017

Apollo Tyres announced that the board of directors of the Company at its upcoming meeting to be held on 01 February 2017, proposes to consider and recommend to the shareholders of the Company for their approval, further capital raising by the Company by way of issuance of equity shares, non-convertible debt instruments along with warrants and/or convertible securities other than warrants through a qualified institutions placement in accordance with applicable laws and subject to receipt of necessary approvals.

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Board of Sparc Systems to consider December quarter results
Jan 30,2017

Sparc Systems announced that meeting of the Board of Directors will be held on 14 February 2017, inter-alia, to consider and approve the Unaudited Financial Results for the quarter ended 31 December 2016 along with Limited Review Report.

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Board of Star Paper Mills to consider Q3 and 9M results
Jan 30,2017

Star Paper Mills announced that a meeting of the Board of Directors of Company is scheduled to be held on 10 February 2017 inter-alia, consider and approve the Unaudited financial results for the for the Quarter & Nine months ended on 31 December 2016.

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Board of Cosmo Ferrites to consider December quarter results
Jan 30,2017

Cosmo Ferrites announced that a meeting of Board of Directors of the Company is scheduled to be held on 07 February 2017, inter alia, to consider and approve the Audited Financial Results of the Company for the Quarter ended 31 December 2016.

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DCB Bank announces cessation of director
Jan 30,2017

DCB Bank announced Suhail Nathani, an Independent Director of the Bank, has ceased to be a Director of the Bank on 28 January 2017 after completing the term of eight consecutive years [the maximum permissible] as per the provisions of the Banking Regulation Act, 1949.

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Siyaram Silk Mills loses luster after reporting weak Q3 results
Jan 30,2017

The result was announced on Saturday, 28 January 2017.

Meanwhile, the S&P BSE Sensex was down 15.55 points or 0.06% at 27,866.91.

On BSE, so far 307 shares were traded in the counter as against average daily volume of 1,660 shares in the past one quarter. The stock had hit a high of Rs 1,405 and a low of Rs 1,372.75 so far during the day. The stock had hit a 52-week low of Rs 925 on 2 March 2016. The stock had hit a record high of Rs 1,690 on 1 November 2016.

It had outperformed the market over the past one month till 27 January 2017, gaining 19.86% compared with the Sensexs 6.37% rise. The scrip had, however, underperformed the market over the past one quarter declining 6.46% as against the Sensexs 0.12% fall.

The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.

Siyaram Silk Mills manufactures and markets textiles, cotton, woollen synthetics and synthetic blends. The company is known for its polyester blended worsted fabrics.

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Tata Coffee drops after weak Q3 results
Jan 30,2017

The result was announced after market hours on Friday, 27 January 2017.

Meanwhile, the S&P BSE Sensex was down 5.29 points or 0.02% at 27,877.17.

On the BSE, 37,000 shares were traded on the counter so far as against the average daily volumes of 69,258 shares in the past one quarter. The stock had hit a high of Rs 124.45 and a low of Rs 121.30 so far during the day.

The stock had hit a 52-week high of Rs 150.05 on 20 October 2016 and a 52-week low of Rs 81.70 on 17 February 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 14.7% compared with the Sensexs 6.37% rise. The scrip had, however, underperformed the market over the past one quarter, sliding 0.24% as against the Sensexs 0.12% fall.

The small-cap company has equity capital of Rs 18.68 crore. Face value per share is Rs 1.

Commenting on the companys performance, Sanjiv Sarin, Managing Director, Tata Coffee said, the company continues to grow its instant coffee portfolio in a robust manner by focusing on enhanced sales in key geographies and strengthening customer relationships. The setting up of a state-of-the-art freeze dried coffee plant in Vietnam with an installed capacity of 5,000 million tonnes per annum will further strengthen Tata Coffees growth in the premium instant coffee segment thereby strengthening its global footprint.

Tata coffee is leading player in coffee business.

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Ashoka Buildcon secures Rs 116.72 crore power project in Bihar
Jan 30,2017

Ashoka Buildcon has received Letter of Award for the project viz. turnkey contracts for providing APL Services Connection with LT lines extension under State Plan (Mukhyamantri Vidhyut Sambandh Nischay Yojna) in 7 Circles under the jurisdiction of North Bihar Power Distribution Co., Patna in State of Bihar. The accepted contract value of the project is Rs 116.72 crore.

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Zuari Agro Chemicals gains after strong Q3 outcome
Jan 30,2017

The result was announced after market hours on Friday, 27 January 2017.

Meanwhile, the S&P BSE Sensex was down 19.19 points, or 0.07%, to 27,901.65.

On the BSE, 33,000 shares were traded on the counter so far as against the average daily volumes of 47,597 shares in the past one quarter. The stock had hit a high of Rs 356.80 and a low of Rs 343 so far during the day.

The stock had hit a 52-week high of Rs 383.40 on 25 January 2017 and a 52-week low of Rs 118.20 on 29 February 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 52.8% compared with the Sensexs 6.37% rise. The scrip had also outperformed the market over the past one quarter advancing 48.01% as against the Sensexs 0.12% fall.

The small-cap company has equity capital of Rs 42.06 crore. Face value per share is Rs 10.

Zuari Agro Chemicals produces complex fertilizers of various grades along with seeds, pesticides, micro nutrients and specialty fertilizers.

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Rajesh Exports launches more than 50 new product designs
Jan 30,2017

Rajesh Exports has launched more than 50 new product designs, across all their 81 retail outlets - Shubh Jewellers in Karnataka, India. This is to take advantage of the surge in the retail demand on the back ofthe upcoming Wedding Season. Karnataka is a key Gold market in India and witnesses huge surge in demand during the Wedding Seasons.

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Board of Snowman Logistics to consider December quarter and half year results
Jan 30,2017

Snowman Logistics announced that the meeting of the Board of Directors of the Company is scheduled to be held on 07 February 2017 inter alia, to approve the Unaudited Financial Results of the Company for the quarter and half year ended 31 December 2016.

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Board of Thyrocare Technologies approves interim dividend for FY 2017
Jan 30,2017

Thyrocare Technologies announced that the Board of Directors of the Company at their meeting held on 28 January 2017, inter alia, has decided to pay an interim dividend of Rs. 5/- (Rupees Five only) per share for the financial year 2016-17.

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Just Dial gains after reporting rise in profitability in Q3
Jan 30,2017

The result was announced on Saturday, 28 January 2017.

Meanwhile, the S&P BSE Sensex was up 17.93 points or 0.06% at 27,900.39.

On the BSE, 79,789 shares were traded on the counter so far as against the average daily volumes of 1.81 lakh shares in the past one quarter. The stock had hit a high of Rs 391 and a low of Rs 373.60 so far during the day.

The stock had hit a 52-week high of Rs 903 on 20 April 2016 and a record low of Rs 318.20 on 27 December 2016. It had outperformed the market over the past one month till 27 January 2017, gaining 14.49% compared with the Sensexs 6.37% rise. The scrip had, however, underperformed the market over the past one quarter declining 12.47% as against the Sensexs 0.12% fall.

The small-cap company has equity capital of Rs 70.57 crore. Face value per share is Rs 10.

Just Dial is a leading local search engine in India.

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Bharat Electronics hits record high after strong Q3 earnings, stock split
Jan 30,2017

The result was announced after market hours on Friday, 27 January 2017.

Meanwhile, the S&P BSE Sensex was down 5.79 points or 0.02% at 27,876.67.

On the BSE, 43,000 shares were traded on the counter so far as against the average daily volumes of 40,232 shares in the past one quarter. The stock had hit a high of Rs 1,604.95 so far during the day, which is a record high. The stock hit a low of Rs 1,580 so far during the day.

The stock had hit a 52-week low of Rs 1,009 on 1 March 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 12.45% compared with the Sensexs 6.37% rise. The scrip had also outperformed the market over the past one quarter, gaining 22.37% as against the Sensexs 0.12% fall.

The large-cap company has equity capital of Rs 223.36 crore. Face value per share is Rs 10.

Bharat Electronics board at its meeting held on 27 January 2017, approved 10-for-1 stock split. The board also approved interim dividend of Rs 3 per share for FY 2017.

Bharat Electronics was established at Bangalore, India, by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company servicing the needs of customers in diverse fields in India and abroad.

The Government of India held 74.41% stake in Bharat Electronics (as per the shareholding pattern as on 31 December 2016).

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