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Leading Leasing Finance & Investment Company shifts registered office
Jul 14,2017

Leading Leasing Finance & Investment Company has shifted its registered office from T-59, Ground Floor, West Patel Nagar, New Delhi - 110008 to T-63, Ground Floor, West Patel Nagar, New Delhi - 110008 with effect from 1 July, 2017.

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Inox Leisure commences operations at Multiplex Cinema in Greater Noida
Jul 14,2017

Inox Leisure announced the commencement of Commercial Operations of Multiplex Cinema Theatre taken on License basis and located at 3rd Floor, Omaxe Connaught Place Mall, H Block, Sector Beta - 2, Greater Noida - 201 308 with effect from 14 July 2017.

The said multiplex cinema theatre has 5 screens and 1223 seats.

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Rubra Medicaments appoints director
Jul 14,2017

Rubra Medicaments has appointed Rohit Sehgal as Independent Director in the Company at board meeting held on 14 July 2017.

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Outcome of board meeting of VKJ Infradevelopers
Jul 14,2017

The Board of Directors of VKJ Infradevelopers at its meeting held on 14 July 2017 transacted the following -

Approved to raise funds through preferential issue of equity shares.

Approves acquisition of 100% stake in the Company to make it wholly owned subsidiary, having a land spread in 6 acres area covered under land poling policy notified by the Ministry of Urban Development and to start construction involving cost around Rs 120 crore.

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Indo National gets reaffirmation in credit ratings
Jul 14,2017

Indo National has received reaffirmation in ratings for bank facilities from CRISIL as under -

Long term rating - CRISIL A / Stable
Short term rating - CRISIL A1

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Sun Pharma Advanced Research Company allots 1,51,51,515 warrants
Jul 14,2017

Sun Pharma Advanced Research Company has allotted 1,51,51,515 Warrants at a price (including the warrant subscription price and the warrant exercise price) of Rs 330 each aggregating to Rs 499.99 on receipt of 25% upfront money by the Company.

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Century Plyboards (India) to hold board meeting
Jul 14,2017

Century Plyboards (India) will hold a meeting of the Board of Directors of the Company on 1 August 2017, to consider, inter alia, the Unaudited Financial Results of the Company for the Quarter ended 30th June, 2017.

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Cistro Telelink to hold board meeting
Jul 14,2017

Cistro Telelink will hold a meeting of the Board of Directors of the Company on 11 August 2017 Quarterly Results

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Computer Point to hold board meeting
Jul 14,2017

Computer Point will hold a meeting of the Board of Directors of the Company on 29 July 2017, to consider and take on records the Un-Audited Financial Results for the quarter ended on 30th June, 2017.

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Uttam Value Steels to hold board meeting
Jul 14,2017

Uttam Value Steels will hold a meeting of the Board of Directors of the Company on 21 July 2017, to consider and approve the Un-audited Financial Results of the Company for the Quarter ended 30th June, 2017.

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Aurum Soft Systems to hold board meeting
Jul 14,2017

Aurum Soft Systems will hold a meeting of the Board of Directors of the Company on 21 July 2017.

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Available Finance to hold board meeting
Jul 14,2017

Available Finance will hold a meeting of the Board of Directors of the Company on 28 July 2017, for Approval of Quarterly Un-Audited Financial Results. for the quarter ended 30/06/2017.

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NHPC shuts down TLDP-III and TLDP-IV power stations in West Bengal
Jul 14,2017

NHPC announced that TLDP-III (132 MW) and TLDP-IV (160 MW) Power Stations in West Bengal are under complete shutdown from 12 July 2017 (01:10 PM onwards) and 13 July 2017 (01:30 PM onwards) respectively as the Gorkha Land supporters ghearoed at TLDP-III /TLDP-IV office and forced for immediate closure of Power Generation.

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Ramco rallies 11.6% in two sessions
Jul 14,2017

Meanwhile, the S&P BSE Sensex was down 21.34 points or 0.07% at 32,016.04. The S&P BSE Small-Cap index declined 41.94 points or 0.26% at 15,921.63.

On the BSE, 78,000 shares were traded on the counter so far as against the average daily volumes of 7,620 shares in the past one quarter. The stock had hit a high of Rs 390 and a low of Rs 345.50 so far during the day. The stock had hit a 52-week high of Rs 706 on 11 July 2016 and a 52-week low of Rs 286 on 15 December 2016.

The stock had outperformed the market over the past one month till 13 July 2017, surging 9.07% compared with the Sensexs 3% rise. The stock had, however, underperformed the market over the past one quarter, declining 10.66% as against the Sensexs 8.74% rise. The scrip had also underperformed the market over the past one year, sliding 50.18% as against the Sensexs 15.18% rise.

The small-cap company has equity capital of Rs 30.44 crore. Face value per share is Rs 10.

Shares of Ramco Systems have jumped 11.61% in two trading sessions to its ruling market price, from its close of Rs 336.50 on 12 July 2017 after the company announced during market hours yesterday, 13 July 2017 that it has won an order win from China Southern Airlines General Aviation (CSAGA) for integrating its organization-wide maintenance and engineering operations. The stock had gained 2.62% to settle at Rs 345.30 yesterday, 13 July 2017.

CSAGA, which operates Asias largest fleet of Sikorsky helicopters, will implement Ramco Aviation Maintenance & Engineering Suite 5.8, enabling its staff across China to automate and manage fleet data in real time.

Ramco Aviation Suite V5.8 is a powerful enterprise application that covers the entire spectrum of maintenance operations both for the civil and the military helicoptersn++from maintenance planning to line, hangar, shop and engine maintenance, reliability and engineering, and technical records.

On consolidated basis, Ramco Systems net profit surged 160.38% to Rs 8.02 crore on 1.32% growth in net sales to Rs 114.31 crore in Q4 March 2017 over Q3 December 2016.

Ramco Systems is a fast growing enterprise software player disrupting the market with its multi-tenanted cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.

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Majesco declines after recent sharp rally
Jul 14,2017

Meanwhile, the S&P BSE Sensex was down 18.86 points, or 0.06% at 32,018.52. The S&P BSE Small-cap index was down 47.39 points, or 0.3% at 15,916.18.

On the BSE, 44,000 shares were traded on the counter so far as against the average daily volumes of 21,797 shares in the past one quarter. The stock had hit a high of Rs 368.60 and a low of Rs 351 so far during the day. The stock had hit a 52-week high of Rs 575 on 25 July 2016 and a 52-week low of Rs 300 on 10 July 2017.

The stock had outperformed the market over the past one month till 13 July 2017, advancing 11.32% compared with the Sensexs 3% rise. The scrip had, however, underperformed the market over the past one quarter declining 6.7% as against the Sensexs 8.74% rise. The scrip had also underperformed the market over the past one year declining 28.79% as against the Sensexs 15.18% rise.

The small-cap company has equity capital of Rs 11.73 crore. Face value per share is Rs 5.

Shares of Majesco had rallied 20.59% in the preceding four trading sessions to settle at Rs 366.35 yesterday, 13 July 2017, from its close of Rs 303.80 on 7 July 2017.

Majesco announced on 11 July 2017 that its insurance subsidiary Majesco USA informed that its client Shelter Insurance is live on Majesco billing for its new brand, say insurance, focused on delivering a digital auto insurance product that is transparent, simple and convenient.

Majescos consolidated net profit fell 49.9% to Rs 2.54 crore on 7.16% decrease in net sales to Rs 187.78 crore in Q4 March 2017 over Q3 December 2016.

Majesco enables insurance business transformation for insurance customers worldwide by providing solutions which include software, consulting and services.

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