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Unijolly Investments Company to hold AGM
Oct 03,2016

Unijolly Investments Company announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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Trident to hold board meeting
Oct 03,2016

Trident will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consider and approve the Unaudited Financial Results for the quarter and half year ended on September 30, 2016.

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Golden Carpets to hold AGM
Oct 03,2016

Golden Carpets announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

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UP Hotels to hold AGM
Oct 03,2016

UP Hotels announced that the 53th Annual General Meeting(AGM) of the company on 30 September 2016.

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Omkar Pharmachem to hold board meeting
Oct 03,2016

Omkar Pharmachem will hold a meeting of the Board of Directors of the Company on 1 October 2016.

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Mahindra Holidays gains after acquisition
Oct 03,2016

The announcement was made on Saturday, 1 October 2016.

Meanwhile, the BSE Sensex was up 287.92 points, or 1.03%, to 28,153.88.

On BSE, so far 1,167 shares were traded in the counter, compared with average daily volume of 7,404 shares in the past one quarter. The stock hit a high of Rs 467 and a low of Rs 452 so far during the day. The stock hit a 52-week high of Rs 513.30 on 26 August 2016. The stock hit a 52-week low of Rs 303.75 on 5 October 2015. The stock had underperformed the market over the past 30 days till 30 September 2016, falling 6.01% compared with 1.96% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 8.64% as against Sensexs 2.66% rise.

The mid-cap company has equity capital of Rs 88.78 crore. Face value per share is Rs 10.

Nreach Online Services owns a brand GIFTXOXO, which offers over 4,000 categories of experiences and activities including travel and adventure, gourmet, health and wellness, art and learning.

Mahindra Holidays & Resorts India said this is strategic investment by the company. Nreach will help in curating experiences for the companys 2 lakh vacation ownership (Club Mahindra Holidays) members in and around various cities in India.

Net profit of Mahindra Holidays & Resorts India rose 20% to Rs 30.24 crore on 4.5% rise in net sales to Rs 228.88 crore in Q1 June 2016 over Q1 June 2015.

Mahindra Holidays & Resorts India is a part of the leisure and hospitality sector of the Mahindra Group.

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M&M moves higher after robust tractor sales
Oct 03,2016

The company announced the monthly sales volume data during market hours today, 3 October 2016.

Meanwhile, the S&P BSE Sensex was up 323.63 points or 1.16% at 28,189.59.

On BSE, so far 62,000 shares were traded in the counter as against average daily volume of 72,528 shares in the past one quarter. The stock hit a high of Rs 1,450.50 and a low of Rs 1,402 so far during the day. The stock had hit a record high of Rs 1,508.80 on 9 August 2016. The stock had hit a 52-week low of Rs 1,092 on 12 February 2016. The stock had underperformed the market over the past one month till 30 September 2016, sliding 2.13% compared with 1.68% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 1.61% as against Sensexs 3.21% rise.

The large-cap company has equity capital of Rs 310.55 crore. Face value per share is Rs 5.

Mahindra & Mahindras (M&M) domestic tractor sales rose 70% to 29,035 units in September 2016 over September 2015. Exports rose 48% to 1,527 units in September 2016 over September 2015.

Separately, M&M announced on Saturday, 1 October 2016 that its auto sales rose 8% to 46,130 units in September 2016 over September 2015. Domestic sales rose 7.18% to 42,545 units in September 2016 over September 2015. Exports increased by 14% to 3,585 units in September 2016 over September 2015.

M&Ms net profit rose 12.4% to Rs 955.21 crore on 12.3% growth in net sales to Rs 10898.08 crore in Q1 June 2016 over Q1 June 2015.

M&M enjoys a leadership position in tractors and utility vehicles in India.

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Infibeam Incorporation enters into licensing agreement with Dubai based - KSK Capital
Oct 03,2016

Infibeam Incorporation announced that its wholly owned subsidiary - Infibeam Global EMEA FZ-LLC, Dubai has entered into a licensing agreement and joint venture with Dubai based KSK Capital for offering e-commerce solutions of marketplace and distributed marketplace along with digital marketing under its global platform.

The joint venture company will be held in 49:51 ratio between Infibeam and KSK Capital and the same would cater to about 40 countries in MEA (Middle East & Africa) region for offering e-commerce solutions to merchants and consumers.

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Ashok Leyland shruggs off weak sales data
Oct 03,2016

Meanwhile, the S&P BSE Sensex was up 288.53 points or 1.04% at 28,154.49.

On BSE, so far 6.55 lakh shares were traded in the counter as against average daily volume of 15.18 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 2.26% at the days high of Rs 81.40 so far during the day. The stock lost as much as 1.38% at the days low of Rs 78.50 so far during the day. The stock had hit a record high of Rs 112.80 on 13 April 2016. The stock had hit a 52-week low of Rs 75.15 on 30 September 2016. The stock had underperformed the market over the past one month till 30 September 2016, sliding 9.95% compared with 1.68% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 19.27% as against Sensexs 3.21% rise.

The large-cap company has equity capital of Rs 284.59 crore. Face value per share is Rs 1.

Ashok Leyland announced on Saturday, 1 October 2016 that its total sales declined 18% to 12,057 units in September 2016 over September 2015. Sales of medium & heavy commercial vehicles (M&HCV) declined 26% to 8,963 units in September 2016 over September 2015. Light commercial vehicles (LCV) sales rose 17% to 3,094 units in September 2016 over September 2015.

Ashok Leylands net profit jumped 101.2% to Rs 290.78 crore on 10.6% growth in net sales to Rs 4175.79 crore in Q1 June 2016 over Q1 June 2015.

Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.

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Ashok Leyland shrugs off weak sales data
Oct 03,2016

Meanwhile, the S&P BSE Sensex was up 288.53 points or 1.04% at 28,154.49.

On BSE, so far 6.55 lakh shares were traded in the counter as against average daily volume of 15.18 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 2.26% at the days high of Rs 81.40 so far during the day. The stock lost as much as 1.38% at the days low of Rs 78.50 so far during the day. The stock had hit a record high of Rs 112.80 on 13 April 2016. The stock had hit a 52-week low of Rs 75.15 on 30 September 2016. The stock had underperformed the market over the past one month till 30 September 2016, sliding 9.95% compared with 1.68% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 19.27% as against Sensexs 3.21% rise.

The large-cap company has equity capital of Rs 284.59 crore. Face value per share is Rs 1.

Ashok Leyland announced on Saturday, 1 October 2016 that its total sales declined 18% to 12,057 units in September 2016 over September 2015. Sales of medium & heavy commercial vehicles (M&HCV) declined 26% to 8,963 units in September 2016 over September 2015. Light commercial vehicles (LCV) sales rose 17% to 3,094 units in September 2016 over September 2015.

Ashok Leylands net profit jumped 101.2% to Rs 290.78 crore on 10.6% growth in net sales to Rs 4175.79 crore in Q1 June 2016 over Q1 June 2015.

Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.

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Indian Hume Pipe Company gains after board approves monetising Pune land
Oct 03,2016

The announcement was made on Saturday, 1 October 2016.

Meanwhile, the BSE Sensex was up 296.87 points, or 1.07%, to 28,162.83.

On BSE, so far 3,020 shares were traded in the counter, compared with average daily volume of 9,442 shares in the past one quarter. The stock hit a high of Rs 691.35 and a low of Rs 663.90 so far during the day. The stock hit a record high of Rs 699 on 29 September 2016. The stock hit a 52-week low of Rs 272.50 on 29 February 2016. The stock had outperformed the market over the past 30 days till 30 September 2016, rising 6.53% compared with 1.96% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 87.69% as against Sensexs 2.66% rise.

The small-cap company has equity capital of Rs 4.84 crore. Face value per share is Rs 2.

Indian Hume Pipe Company said it has its erstwhile pipe manufacturing factory on land admeasuring about 14.77 acres at Vadgaon in Pune, Maharashtra was closed with effect from 1 November 2015. The companys said that its board approved to explore the possibility of monetising the land and appoint reputed property consultant for identifying a developer.

Indian Hume Pipe Companys net profit jumped 311.15% to Rs 26 crore on 110.7% rise in net sales to Rs 447.07 crore in Q1 June 2016 over Q1 June 2015.

Indian Hume Pipe Company is engaged in the business of providing integrated water supply schemes including manufacturing, laying and jointing of pipelines of various pipe materials which provide infrastructure facility for development of water supply and irrigation projects.

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Jain Irrigation System secured an order worth Rs 284.43 crore
Oct 03,2016

Jain Irrigation System has secured an order worth Rs 284.43 crore under AMRUT Scheme (Atal Mission for Rejuvenation and Urban Transformation) for hi-tech 24x7 city water supply project.

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Jubilant Life Sciences jumps after USFDA approval for Ruby-Fill
Oct 03,2016

The announcement was made before trading hours today, 3 October 2016.

Meanwhile, the BSE Sensex was up 253.85 points, or 0.91%, to 28,119.81.

On BSE, so far 2.42 lakh shares were traded in the counter, compared with average daily volume of 2.53 lakh shares in the past one quarter. The stock hit a high of Rs 676.10 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 652.10 so far during the day. The stock hit a 52-week low of Rs 272.50 on 20 January 2016. The stock had outperformed the market over the past 30 days till 30 September 2016, rising 12.77% compared with 1.96% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 93.26% as against Sensexs 2.66% rise.

The mid-cap pharmaceuticals and life sciences company has equity capital of Rs 15.93 crore. Face value per share is Re 1.

Jubilant Life Sciences announced that its wholly-owned subsidiary Jubilant Pharma, through one of its units Jubilant DraxImage Inc. Montreal Canada, has received US Food and Drug Administration (USFDA) approval for RUBY-FILL, for its New Drug Application (NDA) pursuant to section 505 (b)(2) filing. This approved new drug application provides for the use of RUBY-FILL for Positron Emission Tomography (PET) imaging of the myocardium under rest or pharmacologic stress conditions to evaluate regional myocardial perfusion in adult patients with suspected or existing coronary artery disease.

The product is expected to be launched in the current quarter (third quarter of financial year 2017) under the companys registered brand name RUBY-FILL for which the current estimated US market size is $76 million and has a potential to grow up to $250 million annually in the nextfive years.

Jubilant Life Sciences consolidated net profit rose 22.49% to Rs 161.60 crore on 1.72% decline in net sales to Rs 1400.97 crore in Q1 June 2016 over Q1 June 2015.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in manufacture and supply of active pharmaceutical ingredients (APIs), solid dosage formulations, radiopharmaceuticals, allergy therapy products and life science ingredients. It also provides services in contract manufacturing of sterile injectables and drug discovery solutions. The companys strength lies in its unique offerings of pharmaceuticals and life sciences products and services across the value chain.

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Eicher Motors moves north after strong monthly sales
Oct 03,2016

The company announced the monthly sales volume data on Saturday, 1 October 2016.

Meanwhile, the S&P BSE Sensex was up 258.68 points or 0.93% at 28,124.64.

On BSE, so far 1,542 shares were traded in the counter as against average daily volume of 4,084 shares in the past one quarter. The stock hit a high of Rs 25,873.70 and a low of Rs 25,125 so far during the day. The stock had hit a record high of Rs 26,601.95 on 29 September 2016. The stock had hit a 52-week low of Rs 14,817.75 on 19 January 2016. The stock had outperformed the market over the past one month till 30 September 2016, advancing 8.13% compared with 1.68% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 29.62% as against Sensexs 3.21% rise.

The large-cap company has equity capital of Rs 27.20 crore. Face value per share is Rs 10.

Eicher Motors motorcycle division exports rose 18% to 884 units in September 2016 over September 2015.

Separately, Eicher Motors announced on Saturday, 1 October 2016 that VE Commercial Vehicles (VECV) reported a 14% increase in total sales at 4,843 units in September 2016 over September 2015.

On a consolidated basis, Eicher Motors net profit surged 58.61% to Rs 376.29 crore on 42.04% growth in net sales to Rs 1549.74 crore in the quarter ended 30 June 2016 over the quarter ended 30 June 2015.

Eicher Motors (EML) is the flagship company of the Eicher Group. EML is one of the leading players in the Indian automotive space. EML owns the iconic Royal Enfield motorcycle business which leads the premium motorcycle segment in India. EMLs joint venture with the Volvo group, VE Commercial Vehicles, designs, manufactures and markets reliable, fuel-efficient trucks and buses.

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Bronze Trading to hold AGM
Oct 03,2016

Bronze Trading announced that the 32th Annual General Meeting(AGM) of the company on 30 September 2016.

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