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Board of Bharat Forge approves sale of 49% stake in JVC
Nov 08,2016

Bharat Forge announced that the Board of Directors of the Company in their meeting held on 08 November 2016, inter alia, have discussed and approved the following:

- Approved the execution of the Share Sale/Purchase Agreement for sale of the Companys entire 49% stake in its joint venture company Alstom Bharat Forge Power Private for a consideration of USD 35 Million to GE Pacific Private. This sale shall consummate upon completion of certain conditions precedent as set forth in the Share Sale/Purchase Agreement.

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Orient Paper & Industries fixes record date for rights issue
Nov 08,2016

Orient Paper & Industries has fixed 21 November 2016 as the Record Date for the purpose of ascertaining the eligible equity shareholders for the proposed Rights Issue.

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Board of Tirth Plastic to consider September quarter and half year results
Nov 08,2016

Tirth Plastic announced that a Meeting of Board of Directors of the Company is scheduled to be held on 11 November 2016, to consider and approve unaudited (provisional) financial results for the quarter and half year ended on 30 September 2016.

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Bharat Forge to divests its 49% in JVC - Alstom Bharat Forge Power
Nov 08,2016

Bharat Forge announced that the Board of Directors of the Company has approved divestment of its 49% stake in the power equipment JV with Alstom, Alstom Bharat Forge Power for USD 35 million.

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Hindalco Industries hits 52-week high
Nov 08,2016

Meanwhile, the S&P BSE Sensex was down 34.58 points or 0.13% at 27,424.41.

On BSE, so far 12.35 lakh shares were traded in the counter as against average daily volume of 13.47 lakh shares in the past one quarter. The stock hit a high of Rs 172.25 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 169.75 so far during the day. The stock had hit a 52-week low of Rs 58.85 on 12 February 2016. The stock had outperformed the market over the past one month till 7 November 2016, gaining 5.98% compared with 2.15% fall in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 16.48% as against Sensexs 2.21% fall.

The large-cap company has equity capital of Rs 206.52 crore. Face value per share is Rs 1.

Hindalco Industries net profit jumped 381.3% to Rs 294.07 crore on 11.9% decline in net sales to Rs 7501.39 crore in Q1 June 2016 over Q1 June 2015. The company is scheduled to announce Q2 September 2016 results on 12 November 2016.

A part of the Aditya Birla Group, Hindalco Industries is the worlds largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is amongst the largest single location custom smelter globally.

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Nutraplus India Board to consider Q2 and HY results
Nov 08,2016

Nutraplus India announced that the meeting of Board of Directors of the Company will be held on 14 November 2016, inter alia, to transact following business:

- To consider, approve and take on record the Unaudited Financial Results for the quarter and half year ended September 30, 2016.

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Visco Trade Associates to announce Q2 results
Nov 08,2016

Visco Trade Associates announced that the meeting of Board of Directors of the Company will be held on 14 November 2016, inter alia, to consider and approve the Unaudited Financial Results for the second quarter ended 30 September 2016.

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Australia Market closes flat
Nov 08,2016

Australian share market closed slight higher on Tuesday, 08 November 2016, on tracking gains on the Wall Street overnight. But gains were limited on caution ahead of the outcome of the US presidential vote later in the global day. ASX industry category closed mixed, with materials and resources and energy issues rising, while telecom, financial, and property trusts declined. At the closing bell, the benchmark S&P/ASX 200 index added 7 points, or 0.13%, to 5,257.80, while the broader All Ordinaries index gained 11.30 points, or 0.21%, to 5,342.20.

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Board of Gujarat Inject (Kerala) to consider September quarter results
Nov 08,2016

Gujarat Inject (Kerala) announced that the meeting of Board of Directors of the Company is scheduled to be held on 14 November 2016, to consider, approve & take on record the Un-Audited Financial Results of the Company for the quarter ended on 30 September 2016.

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Board of Salona Cotspin to consider September quarter results
Nov 08,2016

Salona Cotspin announced that the meeting of the Board of Directors of the company will be held on 11 November 2016, inter alia, to consider and take on record the Unaudited Financial Results of the Company, subject to auditors limited review, for the quarter ending 30 September 2016.

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Ambar Protein Industries to announce Q2 and HY results
Nov 08,2016

Ambar Protein Industries announced that the Meeting of Board of Directors of the Company will be held on 14 November 2016, to consider and approve the Un Audited Financial Results of the Company for the Quarter/Half Year ended 30 September 2016.

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Board of India Motor Parts & Accessories to consider September quarter & half year results
Nov 08,2016

India Motor Parts & Accessories announced that a meeting of the Board of Directors of the Company will be held on 09 November 2016, inter alia, to consider and take on record the Un-Audited Financial Results of the Company for the quarter and half year ended 30 September 2016.

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GMR Airports signs Concession Agreement for North Goas Greenfield Airport
Nov 08,2016

GMR Airports, subsidiary of GMR Infrastructure, signed the Concession Agreement with Government of Goa for the development and operation of north Goas Greenfield International Airport at Mopa.

As per the concession agreement, GMR will design, build, finance and operate the international airport for 40 years with extension option for another 20 years. The construction period for the first phase of the project is three years from the date of financial closure and is expected to be operational by mid of 2020.

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SPL Industries Board to consider September quarter results
Nov 08,2016

SPL Industries announced that a meeting of Board of Directors of the Company is scheduled to be held on 14 November 2016 to transact the following business apart from the other items as per the agenda.

- To consider approve and take on record the un-audited Financial Results for the quarter/six months ended 30 September 2016.

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Volumes jump at Info Edge (India) counter
Nov 08,2016

Info Edge (India) clocked volume of 3.01 lakh shares by 12:41 IST on BSE, a 66.65-times surge over two-week average daily volume of 5,000 shares. The stock lost 1.44% at Rs 891.15.

Page Industries notched up volume of 33,000 shares, a 54.42-fold surge over two-week average daily volume of 1,000 shares. The stock rose 1.2% at Rs 16,056.

Mindtree saw volume of 37.42 lakh shares, a 36.2-fold surge over two-week average daily volume of 1.03 lakh shares. The stock was up 2.61% at Rs 440.

Rallis India clocked volume of 5.21 lakh shares, a 11.81-fold surge over two-week average daily volume of 44,000 shares. The stock rose 1.21% at Rs 205.60.

United Breweries saw volume of 1.1 lakh shares, a 10.41-fold rise over two-week average daily volume of 11,000 shares. The stock lost 0.34% at Rs 890.50.

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