Himachal Futuristic Communications announced that CARE has upgraded the Credit Ratings of the Company to A-; Stable (Single A Minus; Outlook: Stable).

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Marksans Pharma Ltd, Balrampur Chini Mills Ltd, Kwality Ltd and Jindal Saw Ltd are among the other losers in the BSE's 'A' group today, 21 June 2018.

Himachal Futuristic Communications Ltd lost 6.33% to Rs 31.8 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 23.95 lakh shares were traded on the counter so far as against the average daily volumes of 22.16 lakh shares in the past one month.

Marksans Pharma Ltd crashed 5.48% to Rs 29.3. The stock was the second biggest loser in 'A' group.On the BSE, 5.61 lakh shares were traded on the counter so far as against the average daily volumes of 6.36 lakh shares in the past one month.

Balrampur Chini Mills Ltd tumbled 5.47% to Rs 67.35. The stock was the third biggest loser in 'A' group.On the BSE, 5.42 lakh shares were traded on the counter so far as against the average daily volumes of 7.59 lakh shares in the past one month.

Kwality Ltd corrected 5.00% to Rs 28.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 13.68 lakh shares were traded on the counter so far as against the average daily volumes of 14.81 lakh shares in the past one month.

Jindal Saw Ltd pared 4.75% to Rs 88.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.02 lakh shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past one month.

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Himachal Futuristic Communications announced that the Board of Directors of the Company at its meeting held on 3 May 2018, inter alia, have recommended the final dividend of Rs 0.06 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

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Net profit of Himachal Futuristic Communications rose 85.86% to Rs 58.75 crore in the quarter ended March 2018 as against Rs 31.61 crore during the previous quarter ended March 2017. Sales rose 35.01% to Rs 944.15 crore in the quarter ended March 2018 as against Rs 699.32 crore during the previous quarter ended March 2017.

For the full year,net profit rose 25.32% to Rs 155.04 crore in the year ended March 2018 as against Rs 123.72 crore during the previous year ended March 2017. Sales rose 52.29% to Rs 3070.08 crore in the year ended March 2018 as against Rs 2015.95 crore during the previous year ended March 2017.

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