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Dwarikesh Sugar hits record high on recent rally
Aug 04,2017

Meanwhile, the S&P BSE Sensex was down 89.03 points, or 0.28% at 32,148.85. The S&P BSE Small-Cap index was down 22.69 points, or 0.14% at 15,888.65.

On the BSE, 2.55 lakh shares were traded on the counter so far as against the average daily volumes of 54,829 shares in the past one quarter. The stock had hit a high of Rs 639 so far during the day, which is also its record high. The stock hit a low of Rs 612 so far during the day. The stock had hit a 52-week low of Rs 207 on 9 November 2016.

The stock had outperformed the market over the past one month till 3 August 2017, advancing 36.61% compared with the Sensexs 3.25% rise. The scrip had also outperformed the market over the past one quarter advancing 25.44% as against the Sensexs 7.84% rise. The scrip had also outperformed the market over the past one year advancing 66.26% as against the Sensexs 16.39% rise.

The small-cap company has equity capital of Rs 18.83 crore. Face value per share is Rs 10.

Shares of Dwarikesh Sugar Industries rose 32.08% in six trading sessions to its current market price of Rs 629.50, from a close of Rs 476.60 on 27 July 2017.

Dwarikesh Sugar Industries net profit fell 11.4% to Rs 46.82 crore on 91.2% increase in net sales to Rs 440.37 crore in Q4 March 2017 over Q4 March 2016.

Dwarikesh Sugar Industries is an integrated conglomerate primarily engaged in manufacture of sugar and allied products. From a humble beginning in 1993, Dwarikesh now has a strong presence in diversified fields such as sugar manufacturing, power and ethanol/ industrial alcohol production.

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Ministry of Agriculture & Farmers Welfare releases Rs.16094.13 crore in the first quarter of 2017-18
Aug 04,2017

Ministry of Agriculture & Farmers Welfare is continuously striving for holistic development of Indian Agriculture and its backbone - farmers. To achieve the goal of doubling of farmers income by 2022, the Ministrys budget of Rs. 62125.02 crore during 2017-18 has increased by about 39% as against Rs. 44721.84 crore during 2016-17.

In the first quarter upto June, 2017, Rs.16094.13 crore has been released as against Rs.10498.90 crore during the quarter ending June, 2016.  This works out to 53% increase in the amount released.

Sl.No.Name of SchemeExpenditure  upto June 2016-17Expenditure upto June 2017-18% increase1Pradhan Mantri Fasal Bima Yojana2899.594664.88602RKVY644.16967.89503Green Revolution- Krishonnati Yojana (MIDH)449.64851.29904NFSM222.93333.57505Agriculture Mechanisation114.81416.272626Rashtriya Gokul Mission0.0036.0036007National Dairy Plan Phase-I100.00200.001008National Programme for Dairy Development 6.9589.0111809Blue Revolution16.91100.64495

From the above, it can be seen that Ministry is making concerted efforts for development of agriculture and welfare of farmers in the country.

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Nitin Spinners receives upgradation in credit ratings
Aug 04,2017

Nitin Spinners has received upgradation in ratings from Brickwork Ratings in respect of bank facilities as under -

Long term rating - term loan and working capital (fund based) - BWR A (Revised from BWR A-)

Short term ratings (non fund based) - BWR A1 (Revised from BWR A2+)

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Mather & Platt Fire Systems to discuss results
Aug 04,2017

Mather & Platt Fire Systems will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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Gateway Distriparks declares Quarterly Result
Aug 04,2017

Gateway Distriparks will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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Beryl Securities AGM scheduled
Aug 04,2017

Beryl Securities announced that the Annual General Meeting (AGM) of the company will be held on 26 August 2017.

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Vascon Engineers gets NCLT approval for scheme of amalgamation
Aug 04,2017

Vascon Engineers announced that the National Company Law Tribunal, Mumbai Bench has approved the scheme of Amalgamation of Vascon Pricol Infrastructures, Vascon Dwellings, Wind Flower Properties, Floriana Properties, IT-Citi Infopark, Greystone Premises, Just Homes (India), Shreyas Strategists, Sansara Developers India, Sunflower Real Estate Developers and Angelica Properties with Vascon Engineers and their respective shareholders and creditors vide order dated 21 June 2017.

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Jasch Industries to convene AGM
Aug 04,2017

Jasch Industries announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

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Jayabharat Credit to table results
Aug 04,2017

Jayabharat Credit will hold a meeting of the Board of Directors of the Company on 12 August 2017, for approval of Unaudited Financial Results for the quarter ended 30th June 2017.

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Alna Trading & Exports to convene board meeting
Aug 04,2017

Alna Trading & Exports will hold a meeting of the Board of Directors of the Company on 8 October 2017, for approval of Unaudited Financial Results for the quarter ended 30th June 2017.

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Somany Ceramics schedules board meeting
Aug 04,2017

Somany Ceramics will hold a meeting of the Board of Directors of the Company on 17 August 2017, to approve the Un-audited Financial Results for the quarter ended 30th June, 2017

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Cosmo Ferrites to announce Quarterly Result
Aug 04,2017

Cosmo Ferrites will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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BLB to hold AGM
Aug 04,2017

BLB announced that the Annual General Meeting (AGM) of the company will be held on 16 September 2017.

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Mackinnon Mackenzie & Company schedules AGM
Aug 04,2017

Mackinnon Mackenzie & Company announced that the 66th Annual General Meeting (AGM) of the company will be held on 28 September 2017.

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KMG Milk Food announces board meeting date
Aug 04,2017

KMG Milk Food will hold a meeting of the Board of Directors of the Company on 12 August 2017, for considering the un-audited quarterly result for the Quarter ended on 30.06.2017

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