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Voltaire Leasing & Finance to hold board meeting
Jul 05,2017

Voltaire Leasing & Finance will hold a meeting of the Board of Directors of the Company on 5 July 2017.

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Mahindra & Mahindra Financial Services to raise funds aggregating Rs 2000 crore
Jul 05,2017

Mahindra & Mahindra Financial Services plans to raise Rs 250 crore through unsecured subordinated redeemable NCDs via public issue with option to retain oversubscription upto Rs 1750 crore aggregating Rs 2000 crore. The issue opens on 10 July 2017 and closed on 28 July 2017.

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Jaiprakash Associates jumps on bargain hunting
Jul 05,2017

Meanwhile, the S&P BSE Sensex was up 33.93 points, or 0.11% to 31,243.72.

On the BSE, 1.02 crore shares were traded in the counter so far, compared with average daily volumes of 92.95 lakh shares in the past one quarter. The stock had hit a high of Rs 21.35 and a low of Rs 19.45 so far during the day. The stock hit a 52-week high of Rs 23.42 on 29 June 2017. The stock hit a 52-week low of Rs 6.71 on 25 November 2016.

The stock had outperformed the market over the past one month till 4 July 2017, rising 52.55% compared with 0.32% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 36.88% as against Sensexs 4.12% rise. The scrip had also outperformed the market in past one year, rising 67.38% as against Sensexs 14.88% rise.

The mid-cap company has equity capital of Rs 486.49 crore. Face value per share is Rs 2.

Shares of Jaiprakash Associates fell 14.32% in three trading sessions to settle at Rs 19.45 yesterday, 4 July 2017, from its close of Rs 22.70 on 29 June 2017.

Jaiprakash Associates reported net loss of Rs 1882.40 crore in Q4 March 2017 as against net loss of Rs 1387.30 crore in Q4 March 2016. Net sales declined 9.2% to Rs 1720.45 crore in Q4 March 2017 over Q4 March 2016.

Jaiprakash Associates is a diversified infrastructure company.

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Punjab Alkalies & Chemicals announces change in directorate
Jul 05,2017

Punjab Alkalies & Chemicals announced following changes in directorate -

Appointment of Rakesh Kumar Verma as Director & Chairman with effect from 30 June 2017.

Cessation of D P Reddy as Chairman & Director on the Board of the Company with effect from 30 June 2017.

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McNally Bharat Engineering surges after new order win
Jul 05,2017

The announcement was made after market hours yesterday, 4 July 2017.

Meanwhile, the S&P Sensex was up 41.22 points or 0.13% at 31,251.01. The S&P Small-Cap index was up 116.03 points or 0.75% at 15,682.96.

On the BSE, 53,000 shares were traded on the counter so far as against the average daily volumes of 1.28 lakh shares in the past one quarter. The stock had hit a high of Rs 60 and a low of Rs 57.20 so far during the day. The stock had hit a 52-week high of Rs 79.30 on 9 September 2016 and a 52-week low of Rs 37.60 on 22 November 2016.

The small-cap company has equity capital of Rs 53.59 crore. Face value per share is Rs 10.

McNally Bharat Engineering Company said that the company has received an order for construction of entry/exit structure of Elamkulam station and balance works in the main station building at Elamkulam from Delhi Metro Rail Corporation for a value of Rs 43.49 crore (approximately).

McNally Bharat Engineering Company reported net profit of Rs 483.92 crore in Q4 March 2017, as compared with net loss of Rs 78.05 crore in Q4 March 2016. Net sales fell 8.6% to Rs 689.47 crore in Q4 March 2017 over Q4 March 2016.

McNally Bharat Engineering Company is a engineering company engaged in providing turnkey solutions in the areas of power, steel, aluminum, material handling, mineral beneficiation, pyroprocessing, pneumatic handling of powdered materials including fly ash handling and high concentrate disposal, coal washing, port cranes, cement, oil & gas, civic and industrial water supply etc.

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Kirloskar Industries announces change in directorate
Jul 05,2017

Kirloskar Industries announced the following change in directorate as under -

Vinesh Kumar Jairath (holding DIN 00391684) and Ashit Parekh (holding DIN 00821577), have been co-opted as Additional Independent Directors of the Company with effect from 4 July 2017.

Pursuant to the applicable provisions of the Companies Act, 2013, the Board of Directors of the Company has approved the appointment of Mahesh Chhabria (holding DIN 00166049), as the Managing Director of the Company, for a period of 5 (five) years with effect from 4 July 2017, subject to the approval of the members of the Company. Consequently, he ceased to be an Independent Director.

The Board of Directors has also approved the appointment of Mahesh Chhabria, Managing Director of the Company, as the Key Managerial Personnel of the Company with effect from 4 July 2017.

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KPIT Technologies to hold board meeting
Jul 05,2017

KPIT Technologies will hold a meeting of the Board of Directors of the Company on 19 July 2017.

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Ind-Agiv Commerce to hold board meeting
Jul 05,2017

Ind-Agiv Commerce will hold a meeting of the Board of Directors of the Company on 10 July 2017.

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Monnet Ispat & Energy to hold board meeting
Jul 05,2017

Monnet Ispat & Energy will hold a meeting of the Board of Directors of the Company on 11 July 2017.

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Bhansali Engineering Polymers to hold board meeting
Jul 05,2017

Bhansali Engineering Polymers will hold a meeting of the Board of Directors of the Company on 14 July 2017.

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SRS to hold board meeting
Jul 05,2017

SRS will hold a meeting of the Board of Directors of the Company on 12 July 2017.

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Colgate-Palmolive (India) to hold board meeting
Jul 05,2017

Colgate-Palmolive (India) will hold a meeting of the Board of Directors of the Company on 3 August 2017.

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EIH to hold board meeting
Jul 05,2017

EIH will hold a meeting of the Board of Directors of the Company on 1 August 2017.

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Jubilant Life Sciences to hold board meeting
Jul 05,2017

Jubilant Life Sciences will hold a meeting of the Board of Directors of the Company on 18 July 2017.

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Global Infratech & Finance to hold board meeting
Jul 05,2017

Global Infratech & Finance will hold a meeting of the Board of Directors of the Company on 12 July 2017.

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