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Sylph Technologies reports standalone net loss of Rs 0.06 crore in the December 2016 quarter
Jan 31,2017

Net Loss of Sylph Technologies reported to Rs 0.06 crore in the quarter ended December 2016 as against net loss of Rs 0.05 crore during the previous quarter ended December 2015. Sales rose 42.14% to Rs 1.99 crore in the quarter ended December 2016 as against Rs 1.40 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1.991.40 42 OPM %-6.03-5.71 - PBDT-0.05-0.04 -25 PBT-0.06-0.05 -20 NP-0.06-0.05 -20

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Pasari Spinning Mills reports standalone net loss of Rs 0.06 crore in the December 2016 quarter
Jan 31,2017

Net Loss of Pasari Spinning Mills reported to Rs 0.06 crore in the quarter ended December 2016 as against net loss of Rs 0.08 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Procal Electronics India reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Jan 31,2017

Net Loss of Procal Electronics India reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.04 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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NEPC India reports standalone net profit of Rs 0.01 crore in the December 2016 quarter
Jan 31,2017

Net profit of NEPC India reported to Rs 0.01 crore in the quarter ended December 2016. There were no net profit/loss reported during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Amalgamated Electricity Company reports standalone net loss of Rs 0.02 crore in the December 2016 quarter
Jan 31,2017

Net loss of Amalgamated Electricity Company reported to Rs 0.02 crore in the quarter ended December 2016 as against net profit of Rs 0.07 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 0.09 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales00.09 -100 OPM %077.78 - PBDT-0.020.07 PL PBT-0.020.07 PL NP-0.020.07 PL

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Hindustan Hardy Spicer reports standalone net loss of Rs 0.49 crore in the December 2016 quarter
Jan 31,2017

Net loss of Hindustan Hardy Spicer reported to Rs 0.49 crore in the quarter ended December 2016 as against net profit of Rs 0.26 crore during the previous quarter ended December 2015. Sales declined 36.22% to Rs 8.24 crore in the quarter ended December 2016 as against Rs 12.92 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales8.2412.92 -36 OPM %-1.585.88 - PBDT-0.320.53 PL PBT-0.540.26 PL NP-0.490.26 PL

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Texmaco Infrastructure & Holdings standalone net profit rises 18.07% in the December 2016 quarter
Jan 31,2017

Net profit of Texmaco Infrastructure & Holdings rose 18.07% to Rs 2.81 crore in the quarter ended December 2016 as against Rs 2.38 crore during the previous quarter ended December 2015. Sales rose 11.91% to Rs 3.57 crore in the quarter ended December 2016 as against Rs 3.19 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.573.19 12 OPM %32.4949.22 - PBDT3.843.81 1 PBT3.213.18 1 NP2.812.38 18

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Shree Cement standalone net profit rises 0.72% in the December 2016 quarter
Jan 31,2017

Net profit of Shree Cement rose 0.72% to Rs 235.43 crore in the quarter ended December 2016 as against Rs 233.75 crore during the previous quarter ended December 2015. Sales rose 2.24% to Rs 1843.35 crore in the quarter ended December 2016 as against Rs 1802.96 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1843.351802.96 2 OPM %25.4425.44 - PBDT563.51536.84 5 PBT245.89260.23 -6 NP235.43233.75 1

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Volumes jump at Vardhman Textiles counter
Jan 31,2017

Vardhman Textiles clocked volume of 1.51 lakh shares by 14:05 IST on BSE, a 56.30-times surge over two-week average daily volume of 3,000 shares. The stock rose 1.52% at Rs 1,281.

Bayer CropScience notched up volume of 40,000 shares, a 36.32-fold surge over two-week average daily volume of 1,000 shares. The stock lost 0.53% at Rs 4,081.

Aditya Birla Fashion and Retail saw volume of 15.57 lakh shares, a 26.14-fold surge over two-week average daily volume of 60,000 shares. The stock was up 0.87% at Rs 150.10.

Crompton Greaves Consumer Electricals clocked volume of 18.88 lakh shares, a 15.12-fold surge over two-week average daily volume of 1.25 lakh shares. The stock advanced 3.42% at Rs 191.80.

Tech Mahindra saw volume of 6.42 lakh shares, a 7.33-fold rise over two-week average daily volume of 88,000 shares. The stock declined 4.39% at Rs 451. The companys consolidated profit after tax rose 32.77% to Rs 856 crore on 5.44% growth in revenue to Rs 7557.50 crore in Q3 December 2016 over Q2 September 2016. The result was announced at the fag end of the trading session yesterday, 30 January 2017.

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V-Guard Industries strengthens on good Q3 results; bonus issue
Jan 31,2017

The result was announced after market hours yesterday, 30 January 2017.

Meanwhile, the S&P BSE Sensex was down 76.81 points or 0.28% at 27,772.75.

High volumes were witnessed on the counter. On the BSE, 1.88 lakh shares were traded in the counter so far as against average daily volume of 59,024 shares in the past one quarter. The stock had hit a high of Rs 208 and low of Rs 200 so far during the day. The stock had hit a record high of Rs 226 on 26 October 2016. The stock had hit a 52-week low of Rs 78.66 on 12 February 2016.

The stock had outperformed the market over the past 30 days till 30 January 2017, gaining 18.97% compared with 4.59% gains in the Sensex. The scrip had, however, underperformed the market in past one quarter, dropping 8.37% as against Sensexs 0.29% fall.

The mid-cap company has equity capital of Rs 30.22 crore. Face value per share is Rs 1.

V-Guard Industries said that pumps have driven growth for the Q3 December 2016 along with fans and solar water heaters.

The board commemorating the 40th foundation day of the company, recommended bonus issue of 2 equity shares for every 5 shares held by capitalizing free reserves of the company.

Commenting on the companys performance, Mr. Mithun. K. Chittilappilly, Managing Director, V-Guard Industries said that the company was able to perform reasonably well in a market condition which was affected by various economic decisions. Demonetization had some impact on some product segment and sales growth of some of the products had come down from earlier quarters. The company proactively introduced various facilities such as arranging finance through NBFC and installing card machines, cash discount facilities to channel partners etc.

Sales in Tamil Nadu Region was affected due to the socioeconomic situation prevalent in the state and because OJ cyclone affecting many parts of Chennai and suburban areas.

The business outlook remains positive considering upcoming summer season. The company would lookat expanding to newer cities, launch newer products that resonate with the younger generation, he added.

V-Guard Industries makes consumer electrical and electronics products. The companys product range includes voltage stabilizer, digital UPS, inverter and inverter batteries, electric water heaters, solar water heaters, domestic pumps, agricultural pumps, industrial motors, domestic switch gears, distribution boards, wiring cables, industrial cables, induction cooktops, mixer grinders and fans.

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Wintac announces change in directorate
Jan 31,2017

Wintac announced that the tenure of Managing Director of the company, S.Jayaprakash Mady, ended on 31 January 2017 as per the terms of appointment and that S.Jayaprakash Mady has informed the Board that, owing to certain personal reasons, he would not be available for re-appointment as the Managing Director of the company for another term.

However, S.Jayaprakash Mady would continue as Non-Executive Director on the Companys Board.

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Bajaj Auto gains after better-than-expected Q3 earnings
Jan 31,2017

Meanwhile, the S&P BSE Sensex was down 70.26 points or 0.25% at 27,779.30.

On the BSE, 72,000 shares were traded on the counter so far as against the average daily volumes of 17,261 shares in the past one quarter. The stock had hit a high of Rs 2,917.05 and a low of Rs 2,792.30 so far during the day.

The stock had hit a record high of Rs 3,122 on 9 September 2016 and a 52-week low of Rs 2,173.40 on 29 February 2016.

The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.

Bajaj Autos consolidated net profit fell 5.27% to Rs 976.82 crore on 7.4% decline in total income to Rs 5672.82 crore in Q3 December 2016 over Q3 December 2015.

Bajaj Auto said that the governments action to demonetize high value currency had an adverse impact on the auto industry and the performance of the company. With good monsoon and seventh pay commission, motorcyle industry was expected to record healthy growth. However, post demonetization, in November and December 2016, the domestic industry for motorcycles and commercial vehicles recorded a decline of 16% and 32% respectively, the company said in a statement.

As of 31 December 2016, the companys surplus cash and cash equivalents stood at Rs 10932 crore.

Bajaj Auto is one of the leading two-and three-wheeler manufacturers in India.

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GHCL to pay interim dividend for FY 2017
Jan 31,2017

GHCL announced that Interim Dividend of Rs. 1.50/- (Rupee One and Fifty Paise) per equity share for the financial year 2016-17 on the paid-up capital of 10,00,19,286 equity shares of the Company, shall be paid on or after 15 February 2017.

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Board of GHCL approves interim dividend and buyback of shares
Jan 31,2017

GHCL announced that Board of Directors in their meeting held on 31 January 2017, inter alia, has approved the following:

1. Interim Dividend : Interim Dividend of Rs. 1.50/- (Rupee One and Fifty Paise) per equity share for the financial year 2016-17 on the paid-up capital of 10,00,19,286 equity shares of the Company. The payment shall be made on or after 15 February 2017.

2. Buy Back of Shares: Buy Back of the Companys fully paid-up equity shares of Rs. 10/- each from the Open Market through Stock Exchange route, at a Maximum Buyback Price of Rs. 315/- (Rupees Three Hundred and Fifteen) per Equity Share excluding transaction costs, for an aggregate amount of Rs. 80 (Eighty) crore.

3. Capex approval: Additional Capex of Rs. 55.84 crore for Textile division (Yam & Home Textile), which will be used towards (a) Air Jet Spinning project the Yarn division, (b) Replacement of 39 Ring Frame in the Yarn division; and (C) 1.25 MW Solar Power project in Home Textile division.

4. Policies for Business Responsibility Reporting: In line with the requirement of Regulation 34(2)(f) of Listing Regulations, 2015, the Board of directors have approved various Policies.

Grant of Employees Stock Option: Nomination & Remuneration Committee of the Company in its meeting on 31 January 2017 has granted thirty thousand Stock options to Chief Operating Officer - Home Textile Division at the same terms and conditions as disclosed to the stock exchanges on 19 May 2016.

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Gujarat Industries Power Co commissions 8 MW WTGs at Rojamal Wind Farm site
Jan 31,2017

Gujarat Industries Power Co announced that GIPCL has commissioned 8.0 MW (4 WTGs x 2 MW) WTGs of the Rojmal Wind Farm Site for which Certificate of Commissioning has been issued by Gujarat Energy Development Agency (GEDA).

With the above, the 26 MW Wind Power capacity at the Rojmal Wind Farm Site falling in Districts Rajkot and Bhavnagar, Gujarat is fully commissioned as per schedule.

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