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Volumes jump at Navkar Corporation counter
Jan 20,2017

Navkar Corporation clocked volume of 7.01 lakh shares by 14:17 IST on BSE, a 223.31-times surge over two-week average daily volume of 3,000 shares. The stock shed 0.45% to Rs 175.55

Mafatlal Industries notched up volume of 1.54 lakh shares, a 92.38-fold surge over two-week average daily volume of 2,000 shares. The stock surged 6.13% to Rs 317.

Dr. Lal PathLabs saw volume of 2.59 lakh shares, a 84.85-fold surge over two-week average daily volume of 3,000 shares. The stock fell 1.49% to Rs 1,075.

Monsanto India clocked volume of 42,000 shares, a 37.55 surge over two-week average daily volume of 1,000 shares. The stock shed 0.17% to Rs 2,249.

Atul saw volume of 48,000 shares, a 22.88-fold rise over two-week average daily volume of 2,000 shares. The stock rose 1.52% to Rs 2,280.

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Adani Power slumps after dismal Q3 results
Jan 20,2017

The result was announced during trading hours today, 20 January 2017.

Meanwhile, the BSE Sensex was down 248.06 points, or 0.91%, to 27,060.54.

On the BSE, so far 31.27 lakh shares were traded in the counter, compared with average daily volumes of 12.49 lakh shares in the past one quarter. The stock had hit a high of Rs 38.95 and a low of Rs 33.95 so far during the day.

The stock hit a 52-week high of Rs 38.95 on 20 January 2017. The stock hit a 52-week low of Rs 22.45 on 12 February 2016.

Adani Power reported net loss due to lower earnings before interest, tax, depreciation and amortization (EBITDA) and higher finance cost during the quarter. Consolidated total income fell 5.44% to Rs 5873 crore in Q3 December 2016 over Q3 December 2015, largely on account of lower plant load factor (PLF).

EBITDA fell 15.9% to Rs 1708 crore in Q3 December 2016 over Q3 December 2015, mainly due to lower merchant tariff and prior quarter income recognised in Q3 December 2015.

Finance cost increased 8.50% to Rs 1430 crore in Q3 December 2016 over Q3 December 2015, on account of higher working capital utilisation and impact of mark to market on foreign currency derivatives.

Adani Power is the largest private thermal power producer in India with an installed capacity of 10,480 megawatts.

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ABans Enterprises to announce December quarter result
Jan 20,2017

ABans Enterprises announced that the meeting of the Board of Directors will be held on 31 January 2017, inter alia, to consider and approve the Un-Audited Financial Results of the Company along with the limited review report for the Quarter ended 31 December 2016.

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Stellar Capital Services to hold EGM
Jan 20,2017

Stellar Capital Services announced that the Extra Ordinary General Meeting (EGM) of the Company will be held on 14 February 2017.

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J K Cement imposed with penalty of Rs 6.25 crore for alleged cartelization
Jan 20,2017

J K Cement has been imposed with a penalty of Rs 6.25 crore by Competition Commission of India vide Order dated 19 January 2017 in a reference filed by the Government of Haryana for alleged cartelization in 2012. The Company will file an appeal against the Order before the Competition Appellate Tribunal.

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Gagan Gases Board to meet for December quarter results
Jan 20,2017

Gagan Gases announced that the meeting of the Board of Directors of the Company will be held on 30 January 2017, to take on record unaudited financial results for the quarter ended 31 December 2016.

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SJ Corporation to announce December quarter results
Jan 20,2017

SJ Corporation announced that the meeting of the Board of Directors of the Company will be held on 04 February 2017, inter alia, to take on record the Unaudited (Provisional) Financial Results for the Quarter ended 31 December 2016.

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Williamson Financial Services to announce Q3 and 9M results
Jan 20,2017

Williamson Financial Services announced that the Board of Directors of the Company at its Meeting to be held on 03 February 2017, will take into consideration the un-Audited Financial Results of the Company for the quarter and nine months ended 31 December 2016.

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Sanjivani Paranteral announces resignation of directors
Jan 20,2017

Sanjivani Paranteral announced that Mahendra Kalwankar and Narmdeshwar R Chaube, Directors of the Company have resigned as Directors w.e.f. 30 December 2016.

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Board of Tasty Bite Eatables to consider December quarter results
Jan 20,2017

Tasty Bite Eatables announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 January 2017, to consider and approve the un-audited financial results of the Company for the quarter ended 31 December 2016.

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Fortis Healthcare slips after NMMC order
Jan 20,2017

The announcement was made during trading hours today, 20 January 2017.

Meanwhile, the BSE Sensex was down 137.79 points, or 0.50%, to 27,170.81.

On the BSE, so far 67,000 shares were traded in the counter, compared with average daily volumes of 1.73 lakh shares in the past one quarter. The stock had hit a high of Rs 188.70 and a low of Rs 185.50 so far during the day.

The stock hit a 52-week high of Rs 205 on 11 January 2017. The stock hit a 52-week low of Rs 141.10 on 12 February 2016.

Fortis Healthcare announced that one of the companys facility (hospital) operated and controlled by one of the subsidiary, Hiranandani Healthcare, has received an order on 18 January 2017 from Navi Mumbai Municipal Corporation (NMMC) to vacate the premises within one month. Further, the company has informed that, the management of the Hiranandani Healthcare and Fortis Healthcare are evaluating all possible legal remedies available including to challenge the said order of NMMC with appropriate authority.

Hiranandani Healthcare is based in Navi Mumbai, India.

On a consolidated basis, net profit of Fortis Healthcare declined 37.47% to Rs 38.24 crore on 10.23% rise in net sales to Rs 1176.33 crore in Q2 September 2016 over Q2 September 2015.

Fortis Healthcare is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities.

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Central Bank of India gains as board to consider buyback of perpetual bonds
Jan 20,2017

The announcement was made after market hours yesterday, 19 January 2017.

Meanwhile, the S&P BSE Sensex was down 113.82 points or 0.42% at 27,192.63

On BSE, so far 9,168 shares were traded in the counter as against average daily volumes of 61,020 shares in the past one quarter. The stock hit a high of Rs 84 and a low of Rs 83.25 so far during the day. The stock had hit a 52-week high of Rs 112 on 20 June 2016. The stock had hit a 52-week low of Rs 48.20 on 17 February 2016.

The large-cap bank has equity capital of Rs 1902.17 crore. Face value per share is Rs 10.

Central Bank of India reported net loss of Rs 641.82 crore in Q2 September 2016 compared with net profit of Rs 112.87 crore in Q2 September 2015. Central Bank of Indias total income decreased 1.95% to Rs 6965.45 crore in Q2 September 2016 over Q2 September 2015.

The Government of India holds 81.28% stake in Central Bank of India (as per the shareholding pattern as on 31 December 2016).

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Shree Cement imposed with penalty of Rs 18.44 crore
Jan 20,2017

Shree Cement has been imposed with a penalty of Rs 18.44 crore by the Competition Commission of India vide its order dated 19 January 2017 for alleged contravention of provisions of the Competition Act 2002 in respect of bids submitted by them in tender floated by Director Supplies and Disposals, Haryana for supply of cement at different locations within the state. The Company will appeal against the order before the Competition Appellate Tribunal.

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Board of India Nippon Electricals to consider December quarter results and interim dividend
Jan 20,2017

India Nippon Electricals announced that it has been decided to convene a Board Meeting on 27 January 2017 for considering the unaudited Financial Results of the Company for the quarter ended 31 December 2016 & may also consider payment of interim dividend to the shareholders for the financial year 2016-17.

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Anshuni Commercials to consider December quarter results
Jan 20,2017

Anshuni Commercials announced that a meeting of Board of Directors of the Company is scheduled to be held on 31 January 2017, to consider and approve un-audited financial results for the quarter ended 31 December 2016.

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