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Leading stock exchange BSE will shift stocks of 17 firms to the restricted trading category, from May 29, for not complying with listing rules.
For the full year,net loss reported to Rs 0.53 crore in the year ended March 2017 as against net loss of Rs 38.80 crore during the previous year ended March 2016. Sales declined 97.77% to Rs 0.58 crore in the year ended March 2017 as against Rs 26.01 crore during the previous year ended March 2016.
Close to 20 companies including Atul Auto, Avanti Feeds, BPL, Central Bank of India, Capri Global Capital, Gujarat Ambuja Exports, Gangotri Textiles, Idea Cellular, JK Cement, Karnataka Bank, Lumax Industries, Mangalam Cement, Suryalakshmi Cotton Mills, Suven Life, TIL and Vinati Organics will announce their quarterly as well as full-year results for the period ended March 2017 on Saturday. The board of Gulf Oil Lubricants will meet on Sunday to consider results.
Markets regulator SEBI today barred six entities for up to five years for alleged involvement in fraudulent trading in the shares of Gangotri Textiles.
The NSE Nifty opened at 7,377 hitting a high of 7,399 and low of 7,250, before ending with a loss of 33 points at 7,277.
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