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Adi Finechem standalone net profit declines 25.14% in the December 2016 quarter
Feb 02,2017

Net profit of Adi Finechem declined 25.14% to Rs 2.77 crore in the quarter ended December 2016 as against Rs 3.70 crore during the previous quarter ended December 2015. Sales rose 11.17% to Rs 42.98 crore in the quarter ended December 2016 as against Rs 38.66 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales42.9838.66 11 OPM %15.2618.47 - PBDT5.296.18 -14 PBT4.335.42 -20 NP2.773.70 -25

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Rajath Finance reports standalone net loss of Rs 0.06 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Rajath Finance reported to Rs 0.06 crore in the quarter ended December 2016 as against net loss of Rs 0.06 crore during the previous quarter ended December 2015. Sales remain constant at Rs 0.01 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.010.01 0 OPM %-600.00-600.00 - PBDT-0.06-0.06 0 PBT-0.06-0.06 0 NP-0.06-0.06 0

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Cummins India standalone net profit rises 11.29% in the December 2016 quarter
Feb 02,2017

Net profit of Cummins India rose 11.29% to Rs 198.09 crore in the quarter ended December 2016 as against Rs 177.99 crore during the previous quarter ended December 2015. Sales rose 19.62% to Rs 1324.13 crore in the quarter ended December 2016 as against Rs 1106.94 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1324.131106.94 20 OPM %17.1015.60 - PBDT267.11226.78 18 PBT244.64206.63 18 NP198.09177.99 11

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Equitas Holdings consolidated net profit rises 4.39% in the December 2016 quarter
Feb 02,2017

Net profit of Equitas Holdings rose 4.39% to Rs 44.94 crore in the quarter ended December 2016 as against Rs 43.05 crore during the previous quarter ended December 2015. Sales rose 43.71% to Rs 409.87 crore in the quarter ended December 2016 as against Rs 285.20 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales409.87285.20 44 OPM %57.4564.45 - PBDT82.5070.88 16 PBT70.5767.39 5 NP44.9443.05 4

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CCL Products (India) consolidated net profit rises 76.37% in the December 2016 quarter
Feb 02,2017

Net profit of CCL Products (India) rose 76.37% to Rs 45.82 crore in the quarter ended December 2016 as against Rs 25.98 crore during the previous quarter ended December 2015. Sales rose 30.90% to Rs 277.95 crore in the quarter ended December 2016 as against Rs 212.34 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales277.95212.34 31 OPM %27.7621.50 - PBDT74.8243.43 72 PBT66.1636.45 82 NP45.8225.98 76

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IL&FS Engineering jumps after receiving contract
Feb 02,2017

The announcement was made during market hours today, 2 February 2017.

Meanwhile, the S&P BSE Sensex was up 65.53 points or 0.23% at 28,207.17.

Higher than normal volumes were witnessed on the counter. On the BSE, 85,141 shares were traded on the counter so far as against the average daily volumes of 22,466 shares in the past one quarter. The stock had hit a high of Rs 54.45 and a low of Rs 48.60 so far during the day. The stock had hit a 52-week high of Rs 66 on 9 September 2016 and a 52-week low of Rs 36.80 on 22 November 2016.

It had outperformed the market over the past one month till 1 February 2017, rising 15.63% compared with the Sensexs 5.69% gains. The scrip had, however, underperformed the market over the past one quarter declining 7.52% as against the Sensexs 0.95% rise.

The small-cap company has equity capital of Rs 121.16 crore. Face value per share is Rs 10.

IL&FS Engineering and Construction Company said that it has received letter of intent for two rural electrification works under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) and additional one integrated power development works (IPDS) of West Bengal State Electricity Distribution Company (WBSEDCL), Kolkata, West Bengal aggregating Rs 515.47 crore.

DDUGJY-RE contracts are being funded by Rural Electrification Corporation (REC) and IPDS contracts are being funded by Power Financial Corporation (PFC). The completion schedule of works is 24 months.

IL&FS Engineering and Construction Company reported net loss of Rs 80.67 crore in Q2 September 2016, slightly lower than net loss of Rs 81.87 crore in Q2 September 2015. Net sales rose 1.4% to Rs 356.87 crore in Q2 September 2016 over Q2 September 2015.

IL&FS Engineering and Construction Company is into infrastructure development, construction and project management.

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Volumes jump at Narayana Hrudayalaya counter
Feb 02,2017

Narayana Hrudayalaya clocked volume of 22.23 lakh shares by 13:27 IST on BSE, a 416.92-times surge over two-week average daily volume of 5,000 shares. The stock lost 1.42% at Rs 330.50.

Godrej Industries notched up volume of 2.74 lakh shares, a 46.16-fold surge over two-week average daily volume of 6,000 shares. The stock surged 12.02% at Rs 488.30.

Best Steel Logistics saw volume of 5.42 lakh shares, a 45.77-fold surge over two-week average daily volume of 12,000 shares. The stock was locked at 5% upper circuit at Rs 93.25.

ISGEC Heavy Engineering clocked volume of 30,000 shares, a 27.73-fold surge over two-week average daily volume of 1,000 shares. The stock advanced 8.01% at Rs 5,175.

Vijaya Bank saw volume of 15.18 lakh shares, a 24.37-fold rise over two-week average daily volume of 62,000 shares. The stock was locked at 20% upper circuit at Rs 64.

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Board of NHPC to consider buyback of shares
Feb 02,2017

NHPC announced at that the Board meeting schedule on 07 February 2017, the Board of Directors inter alia may also consider the proposal for Buyback of the fully paid-up equity shares of the Company.

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Welspun Enterprises fixes record date for buyback of shares
Feb 02,2017

Welspun Enterprises announced that the Buyback Committee of the Board of Directors of the Company, at its meeting held on 01 February 2017 has fixed 14 February 2017 as the Record Date for the purpose of Buyback of Equity Shares.

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IDFC Bank to shift registered office
Feb 02,2017

IDFC Bank announced that the Board of Directors has approved shifting of Registered Office of the Bank with effect from 01 April 2017, from its present location at KRM Tower, 8th Floor, No.1 Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu, India to KRM Tower, 7th Floor, No.1 Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu, India.

The above mentioned change is within the local limits of the town where the present Registered Office of the Bank is situated.

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Board of Kilitch Drugs (India) to consider December quarter results
Feb 02,2017

Kilitch Drugs (India) announced that a meeting of the Board of Directors of the Company will be held on 13 February 2017, inter alia, to consider and take on record the following matters:

- Unaudited (Provisional) Financial Result for the quarter ended 31 December 2016 along with the Limited Review Report as submitted by the Statutory Auditors of the Company.

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Board of Centum Electronics to consider Q3 results and interim dividend
Feb 02,2017

Centum Electronics announced that the meeting of Board of Directors of the Company will be held on 12 February 2017, inter alia, to consider to approve the unaudited financial results for the quarter and nine months ended 31 December 2016 and also to consider the declaration of Interim dividend, if any, amongst other matters.

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Centum Electronics fixes record date for interim dividend
Feb 02,2017

Centum Electronics has fixed 21 February 2017 as the Record Date for the purpose of Payment of Interim Dividend, if approved.

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IL&FS Engineering & Construction Co bags two orders
Feb 02,2017

IL&FS Engineering & Construction Co has received Letter of Intent for two rural electrification works under Deen Dayal Upadhyay Gram Jyoti Yojana and additional one Integrated Power Development Works of West Bengal State Electricity Distribution Company, Kolkata worth Rs 515.47 crore.

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Suraj Industries to announce December quarter results
Feb 02,2017

Suraj Industries announced that the meeting of the Board of Directors of the Company is scheduled to be held on 13 February 2017, inter alia, to consider and approve Un-audited Financial Results of the Company for the quarter ended 31 December 2016.

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