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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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Nettlinx raises USD 3 million from strategic investors
Sep 29,2016

Nettlinx has raised USD 3 million (Rs 20 crore) from strategic investors (The Netherlands-based EXchange Invstors NV and Dubai-based TransGlobal FZC), to fund the Companys prospects in acquiring European industrial companies.

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Board of Sintex Industries approves Composite Scheme of Arrangement
Sep 29,2016

The Board of Directors of Sintex Industries on 29 September 2016 unanimously approved the Composite Scheme of Arrangement for the demerger of the Custom Mouldings Business and the Prefab Business from Sintex Industries to Sintex-BAPL and Sintex Infra Projects respectively, each a wholly owned subsidiary of Sintex Plastics Technology.

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Board of Lords Ishwar Hotels appoints director
Sep 29,2016

Lords Ishwar Hotels announced that the Board of Directors has appointed Manish Jitendra Shah as an Additional Director under Non-executive Independent Director category in their Board Meeting held on 28 September 2016 with effect from 01 October 2016.

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Intellect Design Arenas Digital Transaction Banking available as SaaS
Sep 29,2016

Intellect Design Arena has made its well established global integrated cash and trade solution, Digital Transaction Banking (DTB), available as software as a service.

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Millitoons Entertainment fixes record date for interim dividend
Sep 29,2016

Millitoons Entertainment has fixed 23 September 2016 as the Record Date for the purpose of Payment of Interim Dividend.

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Small-Cap, Mid-Cap stocks slide
Sep 29,2016

Both these indices underperformed the barometer index, S&P BSE Sensex, which lost 512.64 points or 1.81% to 27,780.17. As per reports, the Indian Army conducted surgical strikes on terror launch pads yesterday, 28 September 2016 night across the Line of Control (LoC) in Pakistan, killing several terrorists and causing significant casualties to their hideouts.

The broad market depicted weakness. There were more than six losers against every gainer on BSE. 2,322 shares rose and 339 shares fell. A total of 180 shares were unchanged.

Top losers in the S&P BSE Mid-Cap index were Reliance Communications (down 9.21%), GMR Infrastructure (down 8.36%), Adani Enterprises (down 8.07%), Indian Bank (down 7.64%), Steel Authority of India (down 7.9%).

Top losers in the S&P BSE Small-Cap index were Signet Industries (down 20%), Morepen Laboratories (down 16.89%), Sarda Energy & Minerals (down 12.93%), Prakash Industries (down 13.68%) and Orchid Pharma (down 14.38%).

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Riddhi Steel & Tube to hold AGM
Sep 29,2016

Riddhi Steel & Tube announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Riddhi Steel & Tube to hold board meeting
Sep 29,2016

Riddhi Steel & Tube will hold a meeting of the Board of Directors of the Company on 5 September 2016.

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Darshan Orna to hold AGM
Sep 29,2016

Darshan Orna announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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India Steel Works to hold board meeting
Sep 29,2016

India Steel Works will hold a meeting of the Board of Directors of the Company on 28 September 2016.

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Arshiya to hold board meeting
Sep 29,2016

Arshiya will hold a meeting of the Board of Directors of the Company on 1 October 2016.

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Kama Holdings to hold board meeting
Sep 29,2016

Kama Holdings will hold a meeting of the Board of Directors of the Company on 5 October 2016 to considering a proposal relating to declaration of interim dividend for the financial year 2016-17 on Equity Shares.

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Crescent Leasing to hold board meeting
Sep 29,2016

Crescent Leasing will hold a meeting of the Board of Directors of the Company on 28 September 2016.

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Volumes jump at Repco Home Finance counter
Sep 29,2016

Repco Home Finance clocked volume of 2.33 lakh shares by 13:55 IST on BSE, a 53.76-times surge over two-week average daily volume of 4,000 shares. The stock fell 1.95% to Rs 802.45.

Solar Industries India notched up volume of 1.06 lakh shares, a 37.30-fold surge over two-week average daily volume of 3,000 shares. The stock fell 1.46% to Rs 638.

Emami saw volume of 2.30 lakh shares, a 24.55-fold surge over two-week average daily volume of 9,000 shares. The stock shed 0.49% to Rs 1,164.95.

Gloster clocked volume of 1.30 lakh shares, a 20.47-fold surge over two-week average daily volume of 6,000 shares. The stock rose 9.96% to Rs 466.95.

Cheviot Company saw volume of 1.02 lakh shares, a 19.36-fold rise over two-week average daily volume of 5,000 shares. The stock rose 5.63% to Rs 1,025.

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Camlin Fine Sciences allots equity shares
Sep 29,2016

Camlin Fine Sciences has allotted 73450 equity snares of face value of Re. 1/- each in accordance with the terms of ESOP 2014, on 19 September 2016.

Consequent to the said allotment the paid up share capital of the Company has gone up to 103258780 equity shares of face value of Re. 1/- each aggregating to Rs. 10,32,58,780/-. The said shares have been listed on the exchanges on September 29, 2016.

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