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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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Novartis India drops after weak Q4 earnings
May 24,2017

The result was announced after market hours yesterday, 23 May 2017.

Meanwhile, the S&P BSE Sensex was up 99.38 points, 0.33% at 30,464.63. The S&P BSE Small-Cap index was up 54.25 points, 0.37% at 14,824.11.

On the BSE, 15,000 shares were traded on the counter so far as against the average daily volumes of 13,133 shares in the past one quarter. The stock had hit a high of Rs 649 and a low of Rs 630.20 so far during the day.

The stock had hit a 52-week high of Rs 855 on 25 May 2016 and hit a 52-week low of Rs 629.95 on 16 November 2016. The stock had underperformed the market over the past one month till 23 May 2017, declining 8.67% compared with the Sensexs 3.41% rise. The scrip had also underperformed the market over the past one quarter sliding 2.43% as against the Sensexs 5.1% rise.

The small-cap company has equity capital of Rs 15.98 crore. Face value per share is Rs 5.

Novartis Indias board recommended a dividend of Rs 10 per equity share for the year ended March 2017.

Novartis India has core businesses in pharmaceuticals, vaccines, consumer health, generics, and eye care. Novartis AG holds 73.4% stake in Novartis India (as per the shareholding pattern as on 31 March 2017).

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Twinstar Industries Ltd. to hold board meeting
May 24,2017

Twinstar Industries Ltd. will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve the Audited Financial Results for the Quarter and Financial Year ended 31St March, 2017.

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Intellect Design climbs up after winning client
May 24,2017

The announcement was made during market hours today, 24 May 2017.

Meanwhile, the S&P BSE Sensex was up 137.91 points or 0.45% at 30,503.16. The S&P BSE Small-Cap index was up 71.68 points or 0.49% at 14,841.54.

On the BSE, 56,993 shares were traded on the counter so far as against the average daily volumes of 1.6 lakh shares in the past one quarter. The stock had hit a high of Rs 121.50 and a low of Rs 115.80 so far during the day.

The stock had hit a 52-week high of Rs 233 on 28 July 2016 and a 52-week low of Rs 107.75 on 15 February 2017.

The stock had underperformed the market over the past one month till 23 May 2017, falling 6.18% compared with Sensexs 3.41% gains. The scrip had also underperformed the market in past one quarter, advancing 1.84% as against Sensexs 5.1% rise.

The small-cap company has equity capital of Rs 50.90 crore. Face value per share is Rs 5.

Intellect Design Arena said that it has signed a ten year deal with one of Australias Big Four, banking firm to implement its integrated trade finance, treasury and retail remittance solution for the banks corporate and retail customers in one of its offshore regions.

The bank has also entrusted Intellect with solutions maintainence and technical support-beginning a ten year relationship between the two firms.

Intellect Design Arena reported net loss of Rs 24.93 crore in Q4 March 2017, compared with net loss of Rs 21.59 crore in Q3 December 2016. Net sales rose 8.88% to Rs 135.99 crore in Q4 March 2017 over Q3 December 2016.

Intellect Design Arena is a digital technology product solutions provider to the banking and insurance industry.

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Magnum Ventures to hold board meeting
May 24,2017

Magnum Ventures will hold a meeting of the Board of Directors of the Company on 29 May 2017, for the Consideration and Approval of Audited Financial Results for the Quarter and year ended on 31st March, 2017.

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Vishal Bearings to hold board meeting
May 24,2017

Vishal Bearings will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve Audited Financial Result for the half year ended on March 31, 2017, to consider and approve Audited Financial Result for the year ended on March 31, 2017, and to transact any other business with the permission of the Board.

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Vapi Enterprise to hold board meeting
May 24,2017

Vapi Enterprise will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider inter-alia approval of financial results of the Company for the quarter and year ended 31st March 2017.

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Parag Milk Foods to hold board meeting
May 24,2017

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 29 May 2017, to approve the audited standalone and consolidated financial Results of the Company for the Quarter and year ended March 31, 2017 along with the Audit Reports of the Statutory Auditors thereon, and to consider and recommend Final Dividend, if any.

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Padmalaya Telefilms to hold board meeting
May 24,2017

Padmalaya Telefilms will hold a meeting of the Board of Directors of the Company on 30 May 2017, to Consider, approve and authenticate the quarterly & year to date financial results of the Company for the fourth quarter and Year ended on March 31, 2017, and to Consider and approve the proposal for voluntary delisting of the Company from the National Stock Exchange of India Limited, Mumbai.

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Satya Miners & Transporters to hold board meeting
May 24,2017

Satya Miners & Transporters will hold a meeting of the Board of Directors of the Company on 29 May 2017, to adopt and approve the Audited Financial Results of the company for quarter and year ended 31st March 2017, and to consider and approve the Auditors Report on the Audited Financial Results for the year ended 31st March,2017.

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Anka India to hold board meeting
May 24,2017

Anka India will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve the audited Quarterly and Yearly Standalone Financial results of the Company for the period ended on 31st March, 2017, and any other item with the permission of the chair.

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Bombay Rayon Fashions to hold board meeting
May 24,2017

Bombay Rayon Fashions will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider, approve and take on record, among other items of the agenda, the Audited Financial Results for the year ended March 31, 2017.

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Nuway Organic Naturals India to hold board meeting
May 24,2017

Nuway Organic Naturals India will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider, inter alia, Audited Financial Results of the Company for the Quarter and the Financial Year ended on 31st March, 2017.

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Mayur Uniquoters to hold board meeting
May 24,2017

Mayur Uniquoters will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for quarter and financial year ended March 31, 2017 and to take on record Auditors report thereof, and to consider and recommend the final dividend on the equity shares of the Company for the financial year 2016-17, if any.

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Katare Spinning Mills to hold board meeting
May 24,2017

Katare Spinning Mills will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider the Audited Standalone financial results of the Company for the quarter and year ended on March 31, 2017.

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Sharma East India Hosp & Medical Res. to hold board meeting
May 24,2017

Sharma East India Hosp & Medical Res. will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve the Audited Financial Results of the company for the Quarter and financial year ended on March 31st, 2017 and any other matter with the permission of chair.

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