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Ventura Textiles to declare Quarterly Result
Aug 10,2017

Ventura Textiles will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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JMT Auto schedules board meeting
Aug 10,2017

JMT Auto will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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NGL Fine Chem to hold board meeting
Aug 10,2017

NGL Fine Chem will hold a meeting of the Board of Directors of the Company on 28 August 2017.

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Ramsons Projects to hold board meeting
Aug 10,2017

Ramsons Projects will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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Navkar Builders to hold board meeting
Aug 10,2017

Navkar Builders will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Thambbi Modern Spinning Mills to hold board meeting
Aug 10,2017

Thambbi Modern Spinning Mills will hold a meeting of the Board of Directors of the Company on 12 August 2017.

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Vista Pharmaceuticals to table results
Aug 10,2017

Vista Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Rose Merc. to conduct board meeting
Aug 10,2017

Rose Merc. will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Terai Tea Co schedules board meeting
Aug 10,2017

Terai Tea Co will hold a meeting of the Board of Directors of the Company on 13 September 2017.

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Centum Electronics schedules board meeting
Aug 10,2017

Centum Electronics will hold a meeting of the Board of Directors of the Company on 14 September 2017.

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Rekvina Labs to conduct board meeting
Aug 10,2017

Rekvina Labs will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Asian Flora schedules board meeting
Aug 10,2017

Asian Flora will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Advance Lifestyles to hold board meeting
Aug 10,2017

Advance Lifestyles will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Toheal Pharmachem to convene board meeting
Aug 10,2017

Toheal Pharmachem will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Eicher Motors declines after announcing Q1 results
Aug 10,2017

Meanwhile, the S&P BSE Sensex was down 137.91 points or 0.43% at 31,659.93.

On the BSE, 2,848 shares were traded on the counter so far as against the average daily volumes of 8,257 shares in the past one quarter. The stock had hit a high of Rs 31,500 and a low of Rs 30,099.90 so far during the day. The stock had hit a record high of Rs 32,464.95 on 8 August 2017 and a 52-week low of Rs 19,570.90 on 15 November 2016.

The stock had outperformed the market over the past one month till 9 August 2017, advancing 13.15% compared with the Sensexs 1.39% rise. The stock had also outperformed the market over the past one quarter, gaining 16.26% as against the Sensexs 6.23% rise. The scrip had also outperformed the market over the past one year, advancing 42.86% as against the Sensexs 13.22% rise.

The large-cap company has equity capital of Rs 27.22 crore. Face value per share is Rs 10.

Eicher Motors consolidated net profit rose 31.9% to Rs 435 crore on 28.6% growth in total income from operations to Rs 2001 crore in Q1 June 2017 over Q1 June 2016. Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 32.1% to Rs 621 crore in Q1 June 2017 over Q1 June 2016. EBITDA margin edged up to 31% in Q1 June 2017, from 30.2% in Q1 June 2016.

Commenting on the Royal Enfields performance, Siddhartha Lal, Managing Director and CEO of Eicher Motors said that Royal Enfield has performed extremely well in Q1 June 2017 despite a number of issues in the domestic market like BS-IV transition and GST rollout that affected the industry. In the face of these challenges, Royal Enfield transitioned to the BS-IV norms with no BS-III inventory. It smoothly transitioned to GST regime without any disruptions, added Lal.

Eicher Motors is a leading player in the Indian automotive space. Eicher Motors owns the iconic Royal Enfield motorcycle business, which leads the premium motorcycle segment in India. The companys joint venture with the Volvo group, VE Commercial Vehicles, designs, manufactures and markets trucks and buses. The companys joint venture with US-based Polaris Industries Inc launched the Multix, a new 3-in-1 vehicle purpose built for the independent businessman in June 2015.

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