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TOP CORPORATE NEWS-01 FEBRUARY 2016

Discussion in 'Indian Stocks' started by capitalstars05, Feb 1, 2016.

  1. capitalstars05

    capitalstars05 New Member

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    Ajanta Pharma Q3 consolidated net profit up 20% (YoY)
    Ajanta Pharma has announced the following Q3 results for the quarter ended December 31, 2015 (YoY)
    Standalone (YoY)
    Net Profit rose 19.60% to Rs103.34 crore Vs Rs84.71 crore.
    Total Income increased by 15.01% to Rs424.23 crore Vs Rs368.84 crore.

    IPCA drops on warning letter from USFDA for SEZ Indore
    IPCA drops on warning letter from USFDA for SEZ Indore. Shares of IPCA dropped over 3% to Rs654.70 on NSE after the company received warning letter from USFDA for
    Ratlam (Madhya Pradesh), SEZ Indore (Pithampur) and Piparia (Silvassa) manufacturing units.

    Maruti Suzuki Jan 2016 volumes down 2.6% YoY to 113,606 units
    Maruti Suzuki Jan 2016 volumes down 2.6% YoY to 113,606 units; domestic sales grew marginally, however exports declined
    Maruti Suzuki reported a decline of 2.6% YoY in dispatches for the month of January to 113,606 units.
    Domestic volumes grew marginally by 0.8% YoY to 106,383 units.

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