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BHEL gets downgrade in long term issuer ratings
Sep 07,2016

Bharat Heavy Electricals announced that India Rating and Research has downgraded the Companys long term issuer ratings to IND AA+ from IND AAA. Simultaneously, all ratings have been removed from Rating Watch Negative (RWN) and a Negative Outlook has been assigned to all long term ratings.

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Vani Commercials announces cessation of company secretary
Sep 07,2016

Vani Commercials announced that Praveen Kumar ceased to be the Company Secretary, Compliance Officer and Internal Auditor of the Company w.e.f. 01 September 2016.

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Jindal Poly Films slides after poor Q1 earnings
Sep 07,2016

The result was announced after market hours yesterday, 6 September 2016.

Meanwhile, the S&P BSE Sensex was down 16.46 points or 0.06% at 28,961.56.

On BSE, so far 18,000 shares were traded in the counter as against average daily volume of 16,156 shares in the past one quarter. The stock hit a high of Rs 418 and a low of Rs 404 so far during the day. The stock had hit a 52-week low of Rs 355.20 on 8 September 2015. The stock had hit a 52-week high of Rs 612 on 4 November 2015. The stock had underperformed the market over the past one month till 6 September 2016, advancing 2.33% compared with 3.2% rise in the Sensex. The scrip had also underperformed the market in past one quarter, declining 3.92% as against Sensexs 8.22% rise.

The small-cap company has equity capital of Rs 42.05 crore. Face value per share is Rs 10.

Jindal Poly Films is a flagship company of B C Jindal group and is engaged in diverse business activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.

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Nilkamal gets revision in credit ratings from bank facilities
Sep 07,2016

Nilkamal has received revision in credit ratings for bank facilities from CARE -

Long term bank facilities - CARE AA (Revised from CARE AA-)
Short term bank facilities - CARE A1+ (Reaffirmed)

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ARSS Infrastructure Projects announces resignation of director
Sep 07,2016

ARSS Infrastructure Projects announced that B. K. Makhija Independent Director of the Company has tendered his resignation (vide resignation letter dated 03 September 2016) from the board of the Company, due to some personal reasons.

Since the Company has received the resignation letter of B. K. Makhija on 03 September 2016 the same would be treated as effective date of resignation.

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Bombay Dyeing & Manufacturing Company acquires 4.32% stake in Archway Investment Company
Sep 07,2016

Bombay Dyeing & Manufacturing Company announced that the Company has acquired 4.32% of equity share capital (2,24,400 equity shares) of Archway Investment Company (Archway) from minority shareholders. By this acquisition, Archway has become wholly owned subsidiary of BDMC.

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NBCC (India) gains after winning UGC contract
Sep 07,2016

The announcement was made after market hours yesterday, 6 September 2016.

Meanwhile, the BSE Sensex was down 8.54 points, or 0.03%, to 28,969.48.

On BSE, so far 78,000 shares were traded in the counter, compared with average daily volume of 2.27 lakh shares in the past one quarter. The stock hit a high of Rs 254 and a low of Rs 249.85 so far during the day. The stock hit a 52-week high of Rs 267 on 13 July 2016. The stock hit a 52-week low of Rs 162 on 12 February 2016. The stock had underperformed the market over the past 30 days till 6 September 2016, rising 1.92% compared with 2.82% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 30.67% as against Sensexs 7.24% rise.

The large-cap company has equity capital of Rs 120 crore. Face value per share is Rs 2.

University Grants Commission (UGC), Government of India has executed memorandum of understanding (MoU) with NBCC (India) on 6 September 2016 for assigning work for construction of New UGC Building Complex at JNU Campus, New Delhi amounting to approximately Rs 270 crore.

On a consolidated basis, net profit of NBCC (India) rose 5.87% to Rs 141.48 crore on 38.8% rise in net sales to Rs 2251.14 crore in Q4 March 2016 over Q4 March 2015.

NBCC is a blue-chip Government of India (GoI) Navratna Enterprise under the Ministry of Urban Development, in construction sector. The GoI held 90% stake in the firm (as per shareholding pattern as on 30 June 2016).

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KSK Energy Ventures to hold board meeting
Sep 07,2016

KSK Energy Ventures will hold a meeting of the Board of Directors of the Company on 9 September 2016.

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HBL Power Systems to hold board meeting
Sep 07,2016

HBL Power Systems will hold a meeting of the Board of Directors of the Company on 12 September 2016.

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Karuturi Global to hold board meeting
Sep 07,2016

Karuturi Global will hold a meeting of the Board of Directors of the Company on 10 September 2016.

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Aryaman Financial Services to hold board meeting
Sep 07,2016

Aryaman Financial Services will hold a meeting of the Board of Directors of the Company on 13 September 2016.

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USG Tech Solutions to hold AGM
Sep 07,2016

USG Tech Solutions announced that the 17th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Tarini International to hold AGM
Sep 07,2016

Tarini International announced that the 17th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Tanfac Industries to hold AGM
Sep 07,2016

Tanfac Industries announced that the 42nd Annual General Meeting (AGM) of the company will be held on 28 September 2016.

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Bombay Rayon Fashions to hold board meeting
Sep 07,2016

Bombay Rayon Fashions will hold a meeting of the Board of Directors of the Company on 13 September 2016.

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