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GAIL (India) schedules AGM
Jul 20,2017

GAIL (India) announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2017.

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Rama Pulp & Papers to hold board meeting
Jul 20,2017

Rama Pulp & Papers will hold a meeting of the Board of Directors of the Company on 28 July 2017, to take on record unaudited financial results for the quarter ended 30th June 2017.

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Ultracab (India) announces board meeting date
Jul 20,2017

Ultracab (India) will hold a meeting of the Board of Directors of the Company on 25 July 2017, to consider and approve the Unaudited Standalone Financial Results of the Company for the quarter ended on 30th June 2017.

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Equitas Holdings to convene board meeting
Jul 20,2017

Equitas Holdings will hold a meeting of the Board of Directors of the Company on 28 July 2017, to consider and approve, the unaudited standalone & consolidated financial results of the Company for the quarter ended June 30, 2017.

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Music Broadcast to table quarterly results
Jul 20,2017

Music Broadcast will hold a meeting of the Board of Directors of the Company on 31 July 2017, to consider and approve un-audited financial results for the quarter ended 30 June 2017

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Sharda Cropchem to hold board meeting
Jul 20,2017

Sharda Cropchem will hold a meeting of the Board of Directors of the Company on 29 July 2017.

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Vantage Knowledge Academy to hold board meeting
Jul 20,2017

Vantage Knowledge Academy will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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Integrated Capital Services announces board meeting
Jul 20,2017

Integrated Capital Services will hold a meeting of the Board of Directors of the Company on 20 July 2017, to amend the scheme of Merger of Deora Associates Private Limited with the Company, & to consider resignation of Mr. Sanjay Agrawal from the post of Chief Financial Officer of the Company

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Pradeep Metals to hold AGM
Jul 20,2017

Pradeep Metals announced that the 34th Annual General Meeting (AGM) of the company will be held on 21 August 2017.

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KLRF to convene board meeting
Jul 20,2017

KLRF will hold a meeting of the Board of Directors of the Company on 14 September 2017.

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Shah Foods to discuss quarterly results
Jul 20,2017

Shah Foods will hold a meeting of the Board of Directors of the Company on 8 May 2017, to approve and take on record the un-audited results with limited review certificate for the Quarter ended on 30th June 2017 as per Regulation 29 of the SEBI Listing Regulations 2015 (LODR).

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Menon Bearings drops after weak Q1 results
Jul 20,2017

The result was announced during market hours today, 20 July 2017.

Meanwhile, the S&P BSE Sensex was down 13.90 points, or 0.04% at 31,911.50. The S&P BSE Small-Cap index was up 32.95 points, or 0.21% at 16,007.52.

High volumes were witnessed on the counter. On the BSE, 81,000 shares were traded on the counter so far as against the average daily volumes of 18,831 shares in the past one quarter. The stock had hit high of Rs 99.70 and a low of Rs 87.20 so far during the day. The stock had hit a record high of Rs 102 on 6 July 2017 and a 52-week low of Rs 60 on 25 January 2017.

The stock had outperformed the market over the past one month till 19 July 2017, advancing 24.37% compared with the Sensexs 2.06% rise. The scrip had also outperformed the market over the past one quarter advancing 28.36% as against the Sensexs 8.93% rise. The scrip had also outperformed the market over the past one year advancing 21.09% as against the Sensexs 15% rise.

The small-cap company has equity capital of Rs 5.60 crore. Face value per share is Rs 1.

Menon Bearings board recommended interim dividend of Rs 0.75 per share for the financial year 2017-18.

Menon Bearings is engaged in the manufacturing of auto components.

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ABB India shines after posting good Q2 results
Jul 20,2017

The result was announced during market hours today, 20 July 2017.

Meanwhile, the S&P BSE Sensex was down 43.18 points, or 0.14% to 31,912.17.

High volumes were witnessed on the counter. On the BSE, 1.09 lakh shares were traded in ABB India counter so far, compared with average daily volumes of 28,482 shares in the past one quarter. The stock had hit a high of Rs 1,548.40 and a low of Rs 1,440 so far during the day. The stock had hit a 52-week high of Rs 1,619.45 on 10 May 2017. The stock had hit a 52-week low of Rs 950 on 9 November 2016.

The stock had underperformed the market over the past one month till 19 July 2017, falling 3.62% compared with Sensexs 2.06% rise. The scrip had also underperformed the market in past one quarter, rising 3% as against Sensexs 8.93% rise. The scrip had also underperformed the market in past one year, gaining 12.54% as against Sensexs 15% rise.

The large-cap company has equity capital of Rs 42.38 crore. Face value per share is Rs 2.

ABB Indias net profit margin rose to 3.4% in Q2 June 2017 from 2.6% in Q2 June 2016.

This was a quarter where the lag effect of demonetization and troughing corporate lending met with the anticipation of Goods and Services Tax (GST). Continued close collaboration led to deeper insights of customer operations in a dynamic environment. This ensured revenue growth. Lean management, relentless pursuit of cash over revenue, and similar initiatives as part of operationalexcellence yielded savings and superior cash position.

Orders grew 13% to Rs 2301 crore in Q2 June 2017 over Q2 June 2016 reflecting companys organic growth strategy. Large orders remained muted as decisions on government initiatives and private investments were stalled in anticipation of upcoming tax restructure.

Base orders were the key contributor with industry turning to improving operational efficiencies through technology and digital upgrades including robotics automation. ABB strengthened its own digital asset health management offering to support the transformation of the Indian industry - with the launch of its remote drives service center. Export orders continued the uptrend in the year with a focus on power networks and industrial efficiency.

ABB is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. ABB Group holds 75% stake in ABB India as per the shareholding as on 31 March 2017.

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Volumes jump at Gulf Oil Lubricants India counter
Jul 20,2017

Gulf Oil Lubricants India clocked volume of 2.01 lakh shares by 14:20 IST on BSE, a 191.32-times surge over two-week average daily volume of 1,000 shares. The stock was up 1.6% at Rs 817.35.

Sundram Fasteners notched up volume of 10.15 lakh shares, a 106.42-fold surge over two-week average daily volume of 10,000 shares. The stock advanced 1.13% at Rs 410.60.

V-Mart Retail saw volume of 4.60 lakh shares, a 74.68-fold surge over two-week average daily volume of 6,000 shares. The stock rose 3.73% at Rs 1,180.

Gujarat Pipavav Port clocked volume of 20.40 lakh shares, a 54.54-fold surge over two-week average daily volume of 37,000 shares. The stock was up 2.9% at Rs 147.20.

Navneet Education saw volume of 2.89 lakh shares, a 33.01-fold rise over two-week average daily volume of 9,000 shares. The stock lost 0.56% at Rs 176.

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VA Tech Wabag leads losers in A group
Jul 20,2017

VA Tech Wabag slumped 7.46% to Rs 619.95 at 13:45 IST. The stock topped the losers in the BSEs A group. On the BSE, 93,000 shares were traded on the counter so far as against the average daily volumes of 14,000 shares in the past two weeks.

Videocon Industries skidded 4.97% at Rs 24.85. The stock was second biggest loser in A group. On the BSE, 1.45 lakh shares were traded on the counter so far as against the average daily volumes of 8.03 lakh shares in the past two weeks.

Canara Bank dropped 4.93% to Rs 352.70 after the banks gross and net bad loans ratio grew as on 30 June 2017, compared with the period ended 31 March 2017 and 30 June 2016. The result was announced after market hours yesterday, 19 July 2017. Canara Banks net profit rose 9.9% to Rs 251.60 crore on 4.4% growth in total income to Rs 12304.10 crore in Q1 June 2017 over Q1 June 2016.

The stock was third biggest loser in A group. On the BSE, 4.32 lakh shares were traded on the counter so far as against the average daily volumes of 3.12 lakh shares in the past two weeks.

KEC International declined 4.77% at Rs 296.50. The stock was fourth biggest loser in A group. On the BSE, 1.87 lakh shares were traded on the counter so far as against the average daily volumes of 2.01 lakh shares in the past two weeks.

Mindtree fell 4.44% to Rs 484.25. The stock was fifth biggest loser in A group. On the BSE, 96,000 shares were traded on the counter so far as against the average daily volumes of 65,000 shares in the past two weeks.

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