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Board of Wheels India declares interim dividend and appoints CFO & company secretary
Feb 09,2017

Wheels India announced that the Board of Directors of the Company at its meeting held on 09 February 2017, inter alia, has approved payment of interim dividend for the financial year ending 31 March 2017 at Rs. 5/- per share (50%) on 1,20,32,279 equity shares of Rs. 10/- each fully paid up. The Interim Dividend will be paid on or before 10 March 2017 to the shareholders / beneficial owners of the Company.

The Board of Directors appointed/designated R Raghunathan Vice president (Finance) as Chief Financial Officer and S Balasundharam Divisional Manager - Secretarial & Legal as Company Secretary and Compliance Officer with effect from 11 April 2017 due to the superannuation of S Srivathsan, CFO and Company Secretary and Compliance Officer on 10 April2017.

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Volumes jump at J B Chemicals & Pharmaceuticals counter
Feb 09,2017

J B Chemicals & Pharmaceuticals clocked volume of 3.03 lakh shares by 13:19 IST on BSE, a 35.35-times surge over two-week average daily volume of 9,000 shares. The stock fell 0.28% to Rs 350.50.

Coffee Day Enterprises notched up volume of 7.07 lakh shares, a 26.51-fold surge over two-week average daily volume of 27,000 shares. The stock rose 8.43% to Rs 219.95.

Jagran Prakashan saw volume of 3.93 lakh shares, a 23.31-fold surge over two-week average daily volume of 17,000 shares. The stock rose 1.29% to Rs 189.10.

Parag Milk Foods clocked volume of 4.62 lakh shares, a 15.15-fold surge over two-week average daily volume of 31,000 shares. The stock rose 2.60% to Rs 288.50.

Venkys (India) saw volume of 1.27 lakh shares, a 13.59-fold rise over two-week average daily volume of 9,000 shares. The stock rose 10.99% to Rs 667.

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Manappuram Finance vaults after stellar Q3 result
Feb 09,2017

The result was announced after market hours yesterday, 8 February 2017.

Meanwhile, the S&P BSE Sensex was down 23.42 points or 0.08% at 28,266.50

A bulk deal of 4.68 lakh shares was executed on the scrip at Rs 102.50 per share in opening trade on BSE. Bulk deal boosted volume on the scrip. On BSE, so far 33.22 lakh shares were traded in the counter as against average daily volume of 7.89 lakh shares in the past one quarter. The stock hit a high of Rs 105 and a low of Rs 98.35 so far during the day. The stock had hit a 52-week high of Rs 106.75 on 25 October 2016. The stock had hit a 52-week low of Rs 26.20 on 12 February 2016.

The mid-cap company has an equity capital of Rs 168.38 crore. Face value per share is Rs 2.

Manappuram Finance is a non-banking financial company (NBFC), providing finance against household gold ornament.

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Magma Fincorp allots 26000 equity shares
Feb 09,2017

Magma Fincorp announced that the Nomination and Remuneration Committee of the Board of Directors of the Company which have been authorized in this regard has allotted 26,000 Equity Shares of face value of Rs. 2/- each at a price of Rs. 60/- per share (including premium of Rs. 58/- per share) to the eligible employees of the Company under Magma Employee Stock Option Plan 2007 (the Scheme) at their meeting held on 08 February 2017.

Pursuant to this allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs. 47,39,19,344/- (Rupees Forty Seven Crores Thirty Nine Lakhs Nineteen Thousand and Three Hundred Forty Four only) consisting of 23,69,59,672 Nos. (Twenty Three Crores Sixty Nine Lakhs Fifty Nine Thousand and Six Hundred Seventy Two) of Equity Shares of Rs. 2/- each.

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Board of Blue Blends (India) approves allotment of OCDs aggregating Rs 5 cr
Feb 09,2017

Blue Blends (India) announced that the Board of Directors of the Company at its meeting held on 09 February 2017 has considered and approved the allotment of 50 (Fifty) Secured OCDs bearing a face value of Rs. 10,00,000/- an aggregate amount of Rs. 5,00,00,000/- to Edelweiss Stressed & Troubled Assets Revival Fund - I.

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Union Bank of India leads losers in A group
Feb 09,2017

Union Bank of India lost 8.19% to Rs 153.10 at 12:52 IST. The stock topped the losers in the BSEs A group. On the BSE, 18.04 lakh shares were traded on the counter so far as against the average daily volumes of 10.03 lakh shares in the past two weeks.

City Union Bank dropped 5.72% to Rs 149.10. The stock was the second biggest loser in A group. On the BSE, 38,000 shares were traded on the counter so far as against the average daily volumes of 52,000 shares in the past two weeks.

RattanIndia Power fell 4.88% at Rs 7.61. The stock was the third biggest loser in A group. On the BSE, 9.42 lakh shares were traded on the counter so far as against the average daily volumes of 7.87 lakh shares in the past two weeks.

National Aluminium Company declined 4.33% at Rs 68.50. The stock was the fourth biggest loser in A group. On the BSE, 3.15 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.

eClerx Services slipped 4% to Rs 1,411.35. The stock was the fifth biggest loser in A group. On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 1,113 shares in the past two weeks.

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Board of Menon Bearings declares interim dividend for FY 2017
Feb 09,2017

Menon Bearings announced that the Board of Directors of the Company at their meeting held on 09 February 2017, inter alia, has considered following matters:

- Declared interim, dividend of Re. 1/- per Equity Share (i.e. 100% of paid up share capital of the Company) of Re. 1/- each for the financial year 2016-17.

The said Interim Dividend will be credited/dispatched between 22 February 2017 to 27 February 2017.

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Shubhra Leasing Finance & Investment Company reports standalone net loss of Rs 0.02 crore in the December 2016 quarter
Feb 09,2017

Net loss of Shubhra Leasing Finance & Investment Company reported to Rs 0.02 crore in the quarter ended December 2016. There were no net profit/loss reported during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 0.10 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales00.10 -100 OPM %00 - PBDT-0.020 0 PBT-0.020 0 NP-0.020 0

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Shriram EPC reports standalone net loss of Rs 69.37 crore in the December 2016 quarter
Feb 09,2017

Net Loss of Shriram EPC reported to Rs 69.37 crore in the quarter ended December 2016 as against net loss of Rs 25.52 crore during the previous quarter ended December 2015. Sales declined 12.89% to Rs 133.35 crore in the quarter ended December 2016 as against Rs 153.08 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales133.35153.08 -13 OPM %7.848.51 - PBDT-63.76-23.31 -174 PBT-65.29-25.52 -156 NP-69.37-25.52 -172

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Sobha standalone net profit declines 16.72% in the December 2016 quarter
Feb 09,2017

Net profit of Sobha declined 16.72% to Rs 28.40 crore in the quarter ended December 2016 as against Rs 34.10 crore during the previous quarter ended December 2015. Sales rose 22.50% to Rs 533.00 crore in the quarter ended December 2016 as against Rs 435.10 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales533.00435.10 23 OPM %16.8923.28 - PBDT61.5068.50 -10 PBT46.8054.10 -13 NP28.4034.10 -17

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Asia Capital standalone net profit declines 33.33% in the December 2016 quarter
Feb 09,2017

Net profit of Asia Capital declined 33.33% to Rs 0.04 crore in the quarter ended December 2016 as against Rs 0.06 crore during the previous quarter ended December 2015. Sales declined 8.51% to Rs 10.10 crore in the quarter ended December 2016 as against Rs 11.04 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales10.1011.04 -9 OPM %0.590.54 - PBDT0.060.06 0 PBT0.060.06 0 NP0.040.06 -33

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Akashdeep Metal Industries reports standalone net profit of Rs 0.05 crore in the December 2016 quarter
Feb 09,2017

Net profit of Akashdeep Metal Industries remain constant at Rs 0.05 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015. Sales declined 14.03% to Rs 10.11 crore in the quarter ended December 2016 as against Rs 11.76 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales10.1111.76 -14 OPM %0.690.43 - PBDT0.070.05 40 PBT0.070.05 40 NP0.050.05 0

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Indraprastha Gas standalone net profit rises 36.81% in the December 2016 quarter
Feb 09,2017

Net profit of Indraprastha Gas rose 36.81% to Rs 144.81 crore in the quarter ended December 2016 as against Rs 105.85 crore during the previous quarter ended December 2015. Sales rose 1.72% to Rs 942.90 crore in the quarter ended December 2016 as against Rs 926.92 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales942.90926.92 2 OPM %26.2020.95 - PBDT262.27203.71 29 PBT214.40157.66 36 NP144.81105.85 37

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Mallcom (India) standalone net profit rises 6.02% in the December 2016 quarter
Feb 09,2017

Net profit of Mallcom (India) rose 6.02% to Rs 2.64 crore in the quarter ended December 2016 as against Rs 2.49 crore during the previous quarter ended December 2015. Sales declined 10.65% to Rs 59.49 crore in the quarter ended December 2016 as against Rs 66.58 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales59.4966.58 -11 OPM %8.597.84 - PBDT4.694.81 -2 PBT3.803.49 9 NP2.642.49 6

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Morarjee Textiles standalone net profit declines 24.52% in the December 2016 quarter
Feb 09,2017

Net profit of Morarjee Textiles declined 24.52% to Rs 2.74 crore in the quarter ended December 2016 as against Rs 3.63 crore during the previous quarter ended December 2015. Sales declined 0.25% to Rs 84.19 crore in the quarter ended December 2016 as against Rs 84.40 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales84.1984.40 0 OPM %18.7016.53 - PBDT7.788.64 -10 PBT2.746.10 -55 NP2.743.63 -25

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