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LWS Knitwear to hold board meeting
Aug 09,2017

LWS Knitwear will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Midas Infra Trade to announce Quarterly Result
Aug 09,2017

Midas Infra Trade will hold a meeting of the Board of Directors of the Company on 12 August 2017.

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Atlanta Infrastructure & Finance to convene board meeting
Aug 09,2017

Atlanta Infrastructure & Finance will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Samrat Pharmachem to announce Quarterly Result
Aug 09,2017

Samrat Pharmachem will hold a meeting of the Board of Directors of the Company on 13 September 2017.

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Jainco Projects (India) announces board meeting date
Aug 09,2017

Jainco Projects (India) will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Thakkers Developers to convene board meeting
Aug 09,2017

Thakkers Developers will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Kisan Mouldings liquidates idle immovable asset worth Rs 14 cr
Aug 09,2017

Kisan Mouldings has liquidated idle immovable asset worth approx Rs.14 crore.

The Company has concluded deals in its II phase of its Asset Monetization Strategy

n++] For sale of its Roha (Maharashtra) Premises n++] Rs. 3.5 crore
n++] For sale of its Raipur (Chattisgarh) Premises n++] Rs. 4 crore
n++] For sale of a portion of Idle Land near its Tarapur Plant n++] Rs. 6.52 crore.

n++] All the above deals would fetch Company with overall liquidity of Rs 14 crore with a book profit of Rs. 5.81 crore.

In addition, idle assets of nearly Rs. 15 crore have also been identified for monetization, without impacting our current manufacturing capacities. The Company is confident to get the same also liquidated soon.

It is pertinent to note that the Company had liquidated commercial premises at Andheri East (Mah.) for Rs 3.01 crore in I phase as a part of its Asset Monetization Strategy, thereby, initiated debt reduction policies.

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Interlink Petroleum to table results
Aug 09,2017

Interlink Petroleum will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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SRF tumbles after weak Q1 results
Aug 09,2017

The result was announced after market hours yesterday, 9 August 2017.

Meanwhile, the S&P BSE Sensex was down 63.81 points, or 0.20% to 31,950.38.

On the BSE, 22,000 shares were traded in the counter so far, compared with average daily volumes of 14,751 shares in the past one quarter. The stock had hit a high of Rs 1,520 and a low of Rs 1,422.80 so far during the day. The stock hit a record high of Rs 1,969.50 on 5 October 2016. The stock hit a 52-week low of Rs 1,352.15 on 18 November 2016.

The stock had underperformed the market over the past one month till 8 August 2017, falling 0.12% compared with 0.94% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.03% as against Sensexs 5.84% rise. The scrip had also underperformed the market in past one year, falling 2.28% as against Sensexs 13.99% rise.

The mid-cap company has equity capital of Rs 57.42 crore. Face value per share is Rs 10.

SRF said that its Q1 net profit declined mainly on account of subdued commodity prices, channel destocking during the transition to the Goods and Services Tax (GST) regime and strengthened rupee.

In a separate announcement, SRF said that its board approved setting up a facility to produce specialty chemicals (P-33) for agro industry at the companys chemical complex in Dahej, Gujarat at an estimated cost of Rs 85 crore.

SRF is a chemical-based multi-business entity engaged in the manufacturing of industrial and specialty intermediates.

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My Money Securities schedules board meeting
Aug 09,2017

My Money Securities will hold a meeting of the Board of Directors of the Company on 14 August 2017, to consider and approve the Unaudited Financial Results for the 1st quarter ended on June 30, 2017.

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Electrotherm (India) announces board meeting date
Aug 09,2017

Electrotherm (India) will hold a meeting of the Board of Directors of the Company on 5 August 2017.

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Ramkrishna Forgings jumps after RBI hikes FPIs investment limit
Aug 09,2017

Meanwhile, the S&P BSE Sensex was down 102.83 points, or 0.32% to 31,911.36.

On the BSE, 892 shares were traded in the counter so far, compared with average daily volumes of 8,817 shares in the past one quarter. The stock had hit a high of Rs 569 and a low of Rs 554.75 so far during the day. The stock hit a 52-week high of Rs 583.15 on 2 August 2017. The stock hit a 52-week low of Rs 256.25 on 21 November 2016.

The stock had outperformed the market over the past one month till 8 August 2017, rising 6.87% compared with 0.94% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 14.21% as against Sensexs 5.84% rise. The scrip had also outperformed the market in past one year, rising 30.97% as against Sensexs 13.99% rise.

The small-cap company has equity capital of Rs 32.59 crore. Face value per share is Rs 10.

The Reserve Bank of India (RBI) notified after market hours yesterday, 8 August 2017, that the foreign institutional investors (FIIs)/foreign portfolios investors (FPIs) investment limit under portfolio investment scheme in Ramkrishna Forgings has increased from 24% to 49% of its paid up capital.

Net profit of Ramkrishna Forgings rose 26.82% to Rs 14.09 crore on 27.74% rise in net sales to Rs 288.67 crore in Q4 March 2017 over Q4 March 2016.

Ramkrishna Forgings is a supplier of forged and rolled components for various sectors.

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Timken India drops after weak Q1 results
Aug 09,2017

The result was announced after market hours yesterday, 8 August 2017.

Meanwhile, the S&P BSE Sensex was down 109.21 points, or 0.34% at 31,904.98. The S&P BSE Mid-Cap index was down 80.08 points, or 0.52% at 15,333.07.

On the BSE, 600 shares were traded on the counter so far as against the average daily volumes of 10,398 shares in the past one quarter. The stock had hit a high of Rs 685 and a low of Rs 680 so far during the day. The stock had hit a record high of Rs 815.40 on 6 July 2017 and a 52-week low of Rs 515 on 21 November 2016.

The stock had underperformed the market over the past one month till 8 Aug 2017, declining 9.01% compared with the Sensexs 2.08% rise. The scrip had also underperformed the market over the past one quarter declining 5.19% as against the Sensexs 6.98% rise. The scrip had, however, outperformed the market over the past one year advancing 20.52% as against the Sensexs 13.6% rise.

The mid-cap company has equity capital of Rs 68 crore. Face value per share is Rs 10.

Timken India is engaged in the business of engineering and manufacturing bearings and mechanical power transmission components including gear drives, couplings, belts and chain.

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Deepak Nitrite declines after poor Q1 earnings
Aug 09,2017

The result was announced after market hours yesterday, 8 August 2017.

Meanwhile, the S&P BSE Sensex was down 114.86 points or 0.36% at 31,899.33. The S&P BSE Small-Cap index declined 106.19 points or 0.67% at 15,797.85.

On the BSE, 14,000 shares were traded on the counter so far as against the average daily volumes of 78,105 shares in the past one quarter. The stock had hit a high of Rs 160.40 and a low of Rs 151.75 so far during the day. The stock had hit a record high of Rs 194.80 on 6 July 2017 and a 52-week low of Rs 75.80 on 26 December 2016.

The stock had underperformed the market over the past one month till 8 August 2017, sliding 6.95% compared with the Sensexs 2.08% rise. The stock had, however outperformed the market over the past one quarter, gaining 16.76% as against the Sensexs 6.98% rise. The scrip had also outperformed the market over the past one year, advancing 55.54% as against the Sensexs 13.6% rise.

The small-cap company has equity capital of Rs 26.14 crore. Face value per share is Rs 2.

The companys profit after tax (PAT) excluding exceptional items grew by 32% to Rs 20.10 crore in Q1 June 2017 over Q1 June 2016.

Deepak Nitrite said that the outlook for the current financial year (FY 2018) is promising as it is pursuing growth across multiple segments and product lines. It has already made investments in the FSC segment, towards integration of existing products, for which it has received environmental clearance and is awaiting clearance from local authorities in order to commence operations; these projects are expected to strengthen overall performance of the FSC segment.

The company anticipates positive momentum in agrochemical intermediates on the back of favourable climatic conditions. Moreover, strategic initiatives to enhance process efficiencies and optimise costs, along with increase in proportion of high margin products will positively contribute to profitability.The company will commission its Phenol & Acetone project towards the end of FY 2018, opening up new frontiers of growth.

Deepak Nitrite is a multi-division and multi-product company. The companys portfolio is a wide spectrum of products with diverse applications ranging from agrochemicals, rubber, pharmaceuticals, paper, textile, detergent, colourants, and petrochemicals to speciality and fine chemicals.

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140 Research Projects on medicinal plants are being currently supported by NMPB: Shri Shripad Naik
Aug 09,2017

A number of research / studies on medicinal values of plants are being carried out by various government as well as private universities / research institutions/ organizations in India.

Presently, research projects on various aspects (viz. literary research, survey, identification, documentation, micropropagation, agrotechnology, drug standardization, pharmacological and clinical research etc.) of medicinal plants are being supported by different Ministries/Departments of Government of India (viz. Ministry of AYUSH, Ministry of Health & Family Welfare, Ministry of Environment, Forests & Climate Change, Ministry of Agriculture & Family Welfare, Department of Science and Technology, Department of Biotechnology etc.) under their concerned schemes / programmes.

Under the Ministry of AYUSH, different Research Councils viz. Central Council for Research in Ayurvedic Sciences (CCRAS), Central Council for Research in Unani Medicine (CCRUM), Central Council for Research in Homoeopathy (CCRH) and Central Council for Research in Siddha (CCRS) are engaged in research & development activities on medicinal plants used in concerned system of medicine. In addition, the National Medicinal Plants Board (NMPB), Ministry of AYUSH, under its Central Sector Scheme on n++Conservation, Development and Sustainable Management of Medicinal Plantsn++ is also supporting research & development projects on various aspects on medicinal plants to number of government as well as private universities / research institutions/ organizations across the country. At present more than 140 research projects, supported under NMPBs Central Sector Scheme on various aspects of medicinal plants, are ongoing in various universities/ research organizations in different states of the country.

Some of the premier research institutions/organizations doing research on medicinal value of plants are: Central Institute of Medicinal and Aromatic Plants (CIMAP)- Lucknow, Central Drug Research Institute (CDRI)- Lucknow, Indian Institute for Integrative Medicines (IIIM)- Jammu, Institute of Himalayan Bioresource Technology (IHBT)- Palampur, National Botanical Research Institute (NBRI)- Lucknow, North East Institute of Science and Technology (NEIST)- Jorhat under Council of Scientific and Industrial Research (CSIR); Directorate of Medicinal and Aromatic Plants Research (DMAPR)- Anand, Gujarat under Indian Council of Agricultural Research (ICAR); Indian Council of Forestry and Education (ICFRE)- Dehradun, and Indian Council of Medical Research (ICMR).

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