Revenue of the company jumped by 12 percent to Rs 975.62 crore against Rs 870.09 crore, YoY.
The acquisition, which is expected to close by September-end, will require Works Council advice of AFP and anti-trust approvals in the Netherlands and Germany.
The transaction, to be carried out through the Netherlands-based arm of Jindal Poly Films, is subject to necessary regulatory approvals and is expected to close by September 30, 2017.
Jindal Poly Films is in talks for acquisition in Europe, according to a media report.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Ports, Bajaj Finance and Motherson Sumi Systems.
Ashwani Gujral of ashwanigujral.com suggests buying Jubilant Life Sciences, Jindal Poly and Hindustan Zinc.
Tata Motors | Tech Mahindra | Coal India | Den Networks | South Indian Bank | Bombay Burmah | Jayaswal Neco | Videocon Industries | Jindal Poly | PNC Infratech | Bharat Electronics | Arfin and Jet Airways are stocks, which are in the news today.
Sun Pharma | Tata Motors | GVK Power | Prabhat Dairy | Ujaas Energy | HPCL | Infibeam | MMTC | Prestige Estates | NMDC | Goodricke Group | BEML | Adani Transmission | NALCO | Muthoot Finance | Repco Home Finance | Voltamp and Reliance Infrastructure are stocks, which are in the news today.
Maruti Suzuki | Tata Motors | ICICI Prudential | Adani Power | Tata Power | Jindal Poly | Endurance Technologies | Chembond Chemicals and TechNVision Ventures are stocks, which are in the news today.
Godrej Industries | Shilpa Medicare | RCI Industries | Jindal Poly Films | Capital First | Empee Distilleries | Apollo Hospitals | Kaya | Bharti Airtel | Lupin | PVR and SREI Infra are stocks, which are in news today.
Packaging material maker Jindal Poly Films today reported a consolidated net profit of Rs 77.1 crore for the September quarter, lower than the Rs 99.9 crore in the year-ago period.
Pratibha Industries | Bodal Chemicals | Oil India | Tata Elxsi | Cadila Healthcare | NBCC | Jyoti Structures | Transformers & Rectifiers | Rallis India | HPL Electric | High Ground Enterprise | Navkar Corp | Navneet Education | GVK Power | L&T Finance | Lloyd Electric | PC Jeweller and Jindal Stainless are stocks, which are in the news today.
ONGC | GAIL | Oil India | Vedanta | Cairn India | Jindal Poly | Indian Hotels | Voltamp Transformers | Yes Bank | Engineers India | NBCC | Aegis Logistics | Syngene International | IL&FS Engineering | GMR Infra | Bharat Forge and Repco Home are stocks, which are in the news today.
According to Mehraboon Irani of Nirmal Bang Securities, one can prefer Cosmo Films over Uflex.
Reliance Industries | Axis Bank | Idea Cellular | Bharat Forge | Apollo Hospitals | Educomp Solutions | Piramal Enterprises | NALCO | Virinchi and Majestic Research are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying CCL Products, Jain Irrigation, CESC, Karnataka Bank and Jindal Poly Films.
Kunal Bothra of LKP Securities recommends buying Jindal Poly and L&T Finance Holdings and advises selling AB Nuvo.
Sandeep Wagle of powermywealth.com recommends selling Maruti, ITC and HDFC and advises buying Jindal Poly.
Siemens | Larsen and Toubro | Ashok Leyland | Sadbhav Engineering | Welspun Enterprises | SBI and Tech Mahindra are stocks, which are in news today.
Jindal Poly Films has reported a consolidated total income from operations of Rs 1,614.32 crore and a net profit of Rs 52.92 crore for the quarter ended Dec '15
Jindal Poly Films has reported a consolidated total income from operations of Rs 1,803.35 crore and a net profit of Rs 71.83 crore for the quarter ended Sep '15
Deepak Shenoy of Capitalmind.in is of the view that Jindal Poly will perform in the near term.