Mumbai-based Navneet Publications (India) Ltd registered a first quarter net profit of Rs54.3 crore compared to Rs48.4 crore for the quarter ended 30 June 2009.
During the June quarter, its total revenues increased to Rs279.8 crore from Rs262 crore for the same quarter last year.
On Tuesday, Navneet Publications shares shed 0.9% to Rs51 on the Bombay Stock Exchange, while the Sensex closed 0.3% higher at 18,077 points.
The markets lost some steam as the Sensex remained flat while the Nifty gained 1% over the past...
Patient monitoring systems manufacturer Opto Circuits (India) Ltd has informed Bombay Stock Exchange (BSE) that it bought US-based Unetixs Vascular Inc, a non-invasive vascular diagnostic systems manufacturer, for $9.7 million.
Unetixs Vascular designs and manufactures technically advanced US Food and Drug Administration (USFDA) approved non-invasive vascular diagnostic systems. The company is a specialist in the detection of peripheral arterial disease (PAD).
Opto Circuits will fund the acquisition through its internal accruals.
On Tuesday, Opto Circuits shares declined 2.8% to Rs256 on the BSE, while the Sensex closed 0.3% higher at 18,077 points.