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Over two dozen companies will announce their results for the quarter and financial year ended March 2017 during Saturday to Monday. Among these are Ashima, Accel Frontline, Gati, Gillette India, IFGL Refractories, LG Balakrishnan & Bros (also stock split) and Nitin Spinners (on Saturday); and ABB India, Bharti Infratel, Canara Bank, Jayshree Tea, Mangalam Drugs, Repro India, Union Bank of India, and Welspun Corp (on Monday)
Repro India has received a notice from the President of Trade Union of the Mahape plant informing of its decision to go on a strike from April 8. “The company will take all necessary steps for smooth functioning of its activities during the strike,” Repro India said in a notification to the stock exchanges. Investors and analysts will closely monitor the situation, particularly the financial implications of the strike on the company.
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About 20 companies are set to announce their October-December quarter financial performance on Wednesday. These include Agro Tech Foods, Hatsun Agro Product, Hindustan Oil Exploration Company, Hindustan Media Ventures, Kirloskar Industries, KPIT Technologies, Muthoot Capital Services, RS Software, Sasken Communications, Phillips Carbon, Repro India, Sterlite Technologies, TECIL Chemicals, TN Telecommunications and Trident.
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SBI | Mahindra & Mahindra | Sun Pharma | Tata Motors | Mahindra Lifespaces | PVR | ONGC | Jain Irrigation | Gujarat Alkalies | Ashapura Minechem | Gujarat Narmada | Wockhardt | TeamLease | Andrew Yule | Finolex Cables | Shreyas Shipping and Thermax are stocks, which are in the news today.
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