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Ambuja Cements may advance after strong Q4 outcome
19-Feb-19   08:40 Hrs IST

Ambuja Cements' consolidated net profit rose 188.02% to Rs 1377.88 crore on 9.32% rise in total income to Rs 6855.22 crore in Q4 December 2018 over Q4 December 2017. The announcement was made after market hours yesterday, 18 February 2019.

Power Grid Corporation of India said that the company's board of directors has accorded 'Investment Approval for 'Northern Region System Strengthening - XL' at an estimated cost of Rs 572.98 crore with commissioning schedule of 22 months from the date of investment approval. The announcement was made after market hours yesterday, 18 February 2019.

Future Consumer (FCL), is entering into an arrangement with the Middle East's leading chain of retail supermarkets, T Choithrams & Sons. FCL and Choithrams have identified an opportunity to strategically partner across the UAE, Bahrain and Qatar to bring FCL's portfolio of leading brands to consumers across the Middle East. With a network of more than 60 supermarkets across UAE, Bahrain and Qatar, Choithrams will, under this arrangement, market, distribute and retail FCL brand products for sale through its own stores, as well as distribute FCL brands to other retail stores. The announcement was made after market hours yesterday, 18 February 2019.

Bodal Chemicals said the company has restarted remaining of dye intermediate and dyestuff operations. The announcement was made after market hours yesterday, 18 February 2019.

Mangalam Cement's board of directors gave their in-principal approval to the Amalgamation of Mangalam Timber Products with Mangalam Cement. The announcement was made after market hours yesterday, 18 February 2019.

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