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Sintex Industries schedules board meeting
Jul 25,2017

Sintex Industries will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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Chowgule Steamships schedules AGM
Jul 25,2017

Chowgule Steamships announced that the 54th Annual General Meeting (AGM) of the company will be held on 21 July 2017.

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Vistar Amar to discuss results
Jul 25,2017

Vistar Amar will hold a meeting of the Board of Directors of the Company on 4 August 2017, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June 2017 amongst other matters

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Batliboi to discuss results
Jul 25,2017

Batliboi will hold a meeting of the Board of Directors of the Company on 4 August 2017.

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Gabriel India to hold board meeting
Jul 25,2017

Gabriel India will hold a meeting of the Board of Directors of the Company on 8 August 2017, to consider and approve the Unaudited Financial Results of the Company for the quarter ended June 30, 2017

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Unichem Laboratories to conduct board meeting
Jul 25,2017

Unichem Laboratories will hold a meeting of the Board of Directors of the Company on 9 August 2017, to interalia consider and approve the Unaudited Financial Results of the Company for the quarter ended June 30, 2017.

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Somany Ceramics issues commercial paper aggregating Rs 30 cr
Jul 25,2017

Somany Ceramics has issued Commercial paper of Rs. 30.00 crore value dated 25 July 2017 having maturity on 15 September 2017.

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Coral India Finance & Housing fixes record date for sub-division of shares
Jul 25,2017

Coral India Finance & Housing has fixed 04 August 2017 as record date for sub-division of shares from the Face Value of Rs. 10/- per share to Rs. 2/- per share.

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S Chand & Company allots 143,930 equity shares
Jul 25,2017

S Chand & Company has allotment of 143,930 equity shares of Rs. 5/- each to the applicants on exercise of stock options under the ESOP Scheme 2012 of the Company on 25 July 2017.

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Board of Lakshmi Vilas Bank approves issuance of shares under QIP
Jul 25,2017

Lakshmi Vilas Bank announced that the Board of Directors of the Company at its meeting held on 25 July 2017 has approved issuance of upto 5,00,00,000 equity shares of Rs. 10 each of the Bank, as approved by the shareholders at the AGM, to qualified institutional buyers through a qualified institutional placement (QIP).

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Board of Zenotech Laboratories approves allotment of rights shares
Jul 25,2017

Zenotech Laboratories announced that the Board of Directors of the Company at its meeting held on 25 July 2017 has approved the allotment of 2,66,03,068 Fully Paid up Equity Shares of Rs.10/- each at a price of Rs. 45/- per equity share (including a share premium of Rs.35/- per equity share) issued on rights basis, to all eligible applicants who have subscribed to the said issue and whose applications were valid.

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Aditya Birla Fashion gains after bulk deal
Jul 25,2017

Meanwhile, the S&P BSE Sensex was up 22 points, or 0.07%, to 32,267.87.

Bulk deal boosted volume on the scrip. On BSE, so far 34 lakh shares were traded in the counter, compared with an average daily volume of 70,072 shares in the past one quarter. The stock hit a high of Rs 185.80 and a low of Rs 172.80 so far during the day. The stock hit a 52-week high of Rs 188.60 on 13 June 2017. The stock hit a 52-week low of Rs 127 on 21 November 2016.

The stock had underperformed the market over the past one month till 24 July 2017, staying unchanged compared with 3.56% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 0.81% as against Sensexs 8.73% rise. The scrip, however, outperformed the market in past one year, rising 23.77% as against Sensexs 15.98% rise.

The large-cap company has an equity capital of Rs 771.60 crore. Face value per share is Rs 10.

Aditya Birla Fashion and Retail reported net profit of Rs 21.83 crore in Q4 March 2017, compared with net loss of Rs 108.97 crore in Q4 March 2016. Net sales rose 12.49% to Rs 1614.93 crore in Q4 March 2017 over Q4 March 2016.

Aditya Birla Fashion and Retail is a premium clothing retail chain.

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An amount of Rs. 3694.136 released to West Bengal under NAM during last 3 years: AYUSH Minister
Jul 25,2017

Under Centrally Sponsored Scheme of National AYUSH Mission (NAM), total amount of grant-in-aid of Rs. 471.230 lakhs, Rs. 1,924.85 lakhs and Rs. 1,298.056 lakhs have been released during the year 2014-15, 2015-16 and 2016-17 respectively to West Bengal. The said amount have been allocated for the activities under AYUSH Services, AYUSH Educational Institution, Quality Control of Ayurveda, Siddha, Unani & Homoeopathy (ASU&H) Drugs, Medicinal Plants, Flexi pool and Administrative cost.

Under National AYUSH Mission (NAM), eight camps have been organised in the district of Bankura under Public Health Outreach Activities.

Under National AYUSH Mission (NAM), the State Government of West Bengal has selected the following villages district-wise under AYUSH Gram:

(i) Village - Saguna, District- Nadia.

(ii) Village- Pathra, District- Paschim Medinipur.

(iii) Village- Polba, District- Hooghly.

(iv) Village- Sahapur, District- Malda.

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Asian Paints loses shine after posting dismal Q1 results
Jul 25,2017

The result was announced during market hours today, 25 July 2017.

Meanwhile, the S&P BSE Sensex was up 11.71 points or 0.04% at 32,257.58.

On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 94,871 shares in the past one quarter. The stock had hit a high of Rs 1,161 and a low of Rs 1,140.25 so far during the day. The stock had hit a record high of Rs 1,230 on 13 October 2016 and a 52-week low of Rs 850.10 on 22 December 2016.

The stock had underperformed the market over the past one month till 24 July 2017, rising 0.18% compared with 3.56% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 8.2% as against Sensexs 8.73% rise. The scrip had also underperformed the market in past one year, gaining 10.6% as against Sensexs 15.98% rise.

The large-cap company has equity capital of Rs 95.92 crore. Face value per share is Rs 1.

K B S Anand, Managing Director and CEO of the company said that the decorative business in India registered low single digit volume growth in Q1 June 2017 with the business getting impacted especially in the month of June due to GST roll out from 1 July 2017.

In the international operations, currency devaluations in Egypt and forex unavailability in Ethiopia, impacted overall performance.

Both the segments within the home improvement business-the kitchen business under Sleek and the bath business under Ess Ess, registered low growth in the quarter, mainly impacted by GST transition effect, he added.

Asian Paints is Indias leading paint company and ranked among the top ten decorative coatings companies in the world.

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Salasar Techno Engineering sees stellar debut
Jul 25,2017

Meanwhile, the S&P BSE Sensex was up 18.01 points or 0.06% at 32,263.88

The stock debuted at Rs 259.15, a premium of 139.95% over its issue price of Rs 108 per share. The stock had hit a high of Rs 272.10 and a low of Rs 250 so far during the day. On the BSE, 10.74 lakh shares were traded so far on the counter.

Shares of Salasar Techno Engineering were listed and admitted to dealings today, 25 July 2017 on the BSE in T group. The initial public offer (IPO) of Salasar Techno Engineering received bids for 90.67 crore shares, NSE data showed. The IPO was subscribed 273.05 times. The IPO opened for bidding on 12 July 2017 and closed on 17 July 2017. The IPO price was fixed at Rs 108 per share.

On a consolidated basis, Salasar Techno Engineering reported profit after tax of Rs 18.37 crore on net sales of Rs 372.96 crore in the year ended March 2017.

Salasar Techno Engineering is a leading provider of steel solutions in India with global operations spread throughout Asia and Africa.

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