Lupin after market hours yesterday, 13 May 2015 announced the acquisition of 100% equity stake in Medquimica Industria Farmaceutica S.A., Brazil, (Medquimica) subject to certain closing conditions. The acquisition marks Lupin's foray into the high growth Brazilian market and would also shore up its position in the Latin American pharmaceuticals market given the company's acquisition of Laboratorios Grin in Mexico last fiscal, Lupin said in a statement.
Incorporated in 1975, Medquimica is a broad based pharmaceutical company engaged in the development, manufacturing & commercialization of branded generics, pure generics and OTC products.
GAIL (India) announced after market hours yesterday, 13 May 2015 that IndianOil Corporation and GAIL (India) have signed memorandum of understanding (MoU) with Dhamra LNG Terminal (DLTPL), a company owned by Adani Enterprises. DLTPL's project shall be an onshore LNG regasification terminal having initial capacity of 5 million tonnes per annum (MTPA), at Dhamra Port in Bhadrak district of Odisha. Dhamra is an all-weather deep water port.
As per the terms of MoU, IndianOil and GAIL would reserve regasification capacity in the Terminal to supply regasified LNG in the emerging gas markets in the eastern part of the country. IndianOil and GAIL would also have the option to hold equity in DLTPL at a later date.
Emami's consolidated net profit rose 24.45% to Rs 138.33 crore on 25.67% growth in total income to Rs 583.31 crore in Q4 March 2015 over Q4 March 2014. The result was announced at the fag end of trading hours yesterday, 13 May 2015.
Ashoka Buildcon's consolidated net profit surged 178.76% to Rs 37.80 crore on 32.02% growth in total income from operations (net) to Rs 803.03 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 13 May 2015.
Dalmia Bharat reported consolidated net profit of Rs 47.28 crore in Q4 March 2015 compared with net loss of Rs 5.17 crore in Q4 March 2014. Total income from operations (net) rose 55.61% to Rs 1294.22 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 13 May 2015.
Jayant Agro Organics' consolidated net profit fell 60.02% to Rs 1.91 crore on 1.33% rise in net total income from operations to Rs 399.75 crore in Q4 March 2015 over Q4 March 2014.
Net profit fell 18.75% to Rs 3.73 crore on 17.05% decline in net total income from operations to Rs 146.96 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 13 May 2015.
Deepak Nitrite's net profit fell 3.96% to Rs 15.23 crore on 7.8% decline in net total income from operations to Rs 332.48 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 13 May 2015.
Aditya Birla Chemicals' net profit surged 1052.44% to Rs 8.57 crore on 3.58% decline in total income to Rs 271.64 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours yesterday, 13 May 2015.
ITD Cementation India's after market hours yesterday, 13 May 2015 said that the shareholders at the Annual General Meeting held yesterday, 13 May 2015, approved 10-for-1 stock split.
Shares of UFO Moviez India will be admitted for trading on the bourses today, 14 May 2015. The issue price for the initial public offering (IPO) was fixed at Rs 625 per share, the top end of the IPO price band. UFO Moviez India is India's largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens).
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