My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

Powered by Capital Market - Live News

NMDC fixes record date for 1st interim dividend
Mar 07,2017

NMDC has fixed 18 March 2017 as record date for the purpose of payment of first interim dividend for the financial year 2016-17.

Powered by Capital Market - Live News

Fitch: Global Growth Shows Resilience to Political Uncertainty
Mar 07,2017

The near-term outlook for growth in the advanced countries has improved despite persistent political uncertainties says Fitch Ratings in its latest Global Economic Outlook (GEO).

Robust labour markets and consumer spending, more supportive fiscal policies and the stabilisation in emerging markets helped advanced country growth recover in the second half of 2016, said Brian Coulton, Chief Economist, Fitch. Furthermore, a synchronised improvement in manufacturing business surveys across the advanced countries suggests growth momentum has continued into early 2017.

Advanced country growth is expected to pick up to 1.9% in 2017 and 2% in 2018 from 1.6% in 2016. The acceleration is led by the US, with growth in the eurozone and Japan expected to remain broadly stable. Fitchs latest forecast changes include upward revisions to 2017 growth of 0.3pp for the eurozone and the UK, 0.2pp for Japan and an upward revision of 0.3pp for 2018 for the US.

While there is genuine upside to the near-term outlook - stemming primarily from a faster-than-expected easing of US fiscal policy and the possibility of animal spirits sparking a more rapid US private investment recovery - downside risks also loom large, added Mr. Coulton.

An aggressive pursuit of protectionist trade polices by the new US administration could spark retaliation and global currency volatility, undermining business confidence. Longer term, if the US were to shift to a more producer-focussed or mercantilist model, with the aim of permanently shrinking trade deficit, it is hard to see who else would step in to fill the gap in global demand. Ultimately, the US has been the worlds consumer of last resort for decades with many countries economies geared to supplying US demand.

In the eurozone, the re-emergence of concerns about fragmentation of the currency-bloc could result in tighter credit conditions and significantly reduced growth. In a more severe scenario, where an overtly anti-EU leader were to cement a strong majority in a major eurozone country the macro disruption could be highly damaging.

The linkages from political uncertainty to economic growth are never straightforward, but for now we are looking at a synchronised improvement in the macro outlook across the advanced countries, Mr. Coulton continued.

Improving growth prospects and increased fiscal policy support are moving the world economy further away from the scenario of never-ending quantitative easing by the major central banks. Fitch now expects the US Fed to raise rates three times this year (up from two hikes in Fitchs November forecast) and by a total of seven times over 2017 and 2018. This is in stark contrast to just two hikes over the previous eight years.

The European Central Bank (ECB) remains resolute in providing additional monetary stimulus at this juncture but they are facing increased communication challenges as headline inflation rates rise. There are also some signs that previous monetary stimulus may be gaining a little more traction on the real economy, with a further pick-up in private credit growth in core eurozone countries and a buoyant real estate market in Germany. ECB asset purchases are likely to be continued in line with the forward guidance provided by the ECB at last Decembers meeting but we expect them to be phased out through the first half of 2018.

The Bank of Japan (BOJ) has held short-term interest rates steady at -0.1% and we no longer expect further cuts into more negative territory. The yen has weakened significantly since our November GEO and the BOJ has become somewhat more optimistic on the growth outlook.

Emerging market growth is expected to rise to 4.7% this year, up from just over 4% in 2015 and 2016. This reflects the return to modest positive growth rates in Russia and Brazil. However, EM growth prospects are slightly weaker than previously forecast, with downward revisions to Mexico, Turkey and Brazil. There are also signs of a shift in the policy stance in China. Following the success of the stimulus measures rolled out from late 2015 in supporting growth, the Chinese authorities have recently shifted focus towards trying to start to address the problem of rapidly rising leverage. The cuts in official interest rates that we previously expected in 2017 no longer seem likely. This change of emphasis has come a little earlier than expected and is likely to result in some sequential slowing of growth later this year. Our 2017 growth forecast for China has been edged down slightly to 6.3%.

Powered by Capital Market - Live News

Bombay Burmah reverses gains on profit booking
Mar 07,2017

Meanwhile, the S&P BSE Sensex was down 55.72 points or 0.19% at 28,992.47

On the BSE, 1.52 lakh shares were traded on the counter so far as against the average daily volumes of 45,460 shares in the past one quarter. The stock had hit a high of Rs 822.20 and a low of Rs 771.10 so far during the day.

The stock had hit a record high of Rs 825 on 6 March 2017 and a 52-week low of Rs 351.50 on 24 May 2016. The stock had outperformed the market over the past 30 days till 6 March 2017, rising 33.51% compared with 2.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 61.85% as against Sensexs 10.06% gain.

The mid-cap company has equity capital of Rs 13.95 crore. Face value per share is Rs 2.

Bombay Burmah Trading Corporation said that at the meeting of the finance committee of the board of directors of the corporation held yesterday, 6 March 2017, it was proposed that the company will acquire additional shares in Bombay Dyeing & Manufacturing Company (BDMC) directly or through its wholly owned overseas subsidiary, as a part of internal restructuring of promoters holdings in BDMC. The announcement was made after market hours yesterday, 6 March 2017.

Bombay Burmah Trading Corporation held 14.351% stake in BDMC (as per the shareholding pattern as on 31 December 2016).

Bombay Burmah Trading Corporation reported net profit of Rs 5.38 crore in Q3 December 2016, as compared with net loss of Rs 8.84 crore in Q3 December 2015. Net sales rose 17.51% to Rs 62.36 crore in Q3 December 2016 over Q3 December 2015.

Bombay Burmah Trading Corporation has diversified its interests into tea, coffee, other plantation products, biscuit and dairy products, auto electric and white goods parts, weighing products, horticulture and landscaping services, healthcare products (viz.) dental, orthopaedic and opthalmic products.

Powered by Capital Market - Live News

D-Link India hits 52-week high
Mar 07,2017

Meanwhile, the BSE Sensex was down 34.38 points, or 0.12%, to 29,013.81.

More than usual volumes were witnessed on the counter. On the BSE, 3.25 lakh shares were traded in the counter so far, compared with average daily volumes of 2.01 lakh shares in the past one quarter. The stock had hit a high of Rs 147.55 in intraday trade, which is also a 52-week high for the stock. The stock hit a low of Rs 140.60 so far during the day. The stock had hit a 52-week low of Rs 75.25 on 21 September 2016.

The stock had outperformed the market over the past one month till 6 March 2017, gaining 17.98% compared with 2.14% rise in the Sensex. The scrip had also outperformed the market in past one quarter, jumping 62.15% as against Sensexs 10.06% gains.

The small-cap company has equity capital of Rs 7.10 crore. Face value per share is Rs 2.

Shares of D-Link India had surged 13.95% to Rs 140.95 in a single session on 1 March 2017 after the company announced that its subsidiary and its promoter entered into partnership in delivering a cloud-based device management platform. The announcement was made on 28 February 2017.

D-Link Corp, promoter of D-Link India and TeamF1 Networks (TeamF1), a subsidiary of D-Link India announced their partnership in delivering mydlink Business, a cloud-based device management platform featuring ease, value, and scalability for small and medium-sized businesses (SMB). TeamF1 Networks is a leader in embedded networking and security software solutions for wired and wireless applications.

The stock had slumped 6% to Rs 132.50 in the subsequent session on 2 March 2017. The stock rose 7.92% in three sessions to the current ruling price of Rs 145, from close of Rs 132.50 on 2 March 2017.

D-Link Indias net profit rose 27.8% to Rs 9.10 crore on 7.48% decline in net sales to Rs 186.69 crore in Q3 December 2016 over Q2 September 2016.

D-Link India is engaged in the design, manufacture and marketing of advanced networking, broadband, digital, voice and data communications solutions.

Powered by Capital Market - Live News

Thomas Cook (India) launches Theme Park Tours
Mar 07,2017

Thomas Cook (India) has launched an engaging series of Theme Park Tours, a unique concept designed to delight children with fun and excitingexperiences centred around theme-parks across the globe.

FEATURED THEME PARKS:

Singapore
Universal Studios - The only movie based theme park in South East Asia

Malaysia
Legoland Theme Park
Genting Theme Park

Hong Kong
Ocean Park a marine mammal park, oceanarium, animal theme park and amusement park
Hong Kong Disneyland - Covering 7 sections Main Street, U.S.A., Fantasyland, Adventureland,Tomorrowland, Grizzly Gulch, Mystic Point, and Toy Story Land.

Dubai
IMG Worlds of adventure featuring Cartoon Network & Marvel - largest temperature controlled indoor themed entertainment destination in the world.
Dubai Parks & Resort, an integrated leisure and theme park destination featuring Motion gate -
Largest Hollywood inspired theme park in Middle East offer an immersive, thrilling journey into the world of film including DreamWorks, Columbia Pictures, Smurfs, and Lionsgate. Bollywood Parks - the first theme park in the world dedicated to all things Bollywood!

Abu Dhabi
Yas Island - Ferrari World and Yas Water World.

Europe
London - Warner Bros Studios: Harry Potter Experience
Paris - Disneyland
Brussels - Mini Europe

USA
Orlando - Disney World, Universal Studios, Disneys Magic Kingdom, Sea World
San Diego - Sea World
Los Angeles - Universal Studios Hollywood

Australia
Gold Coast - Movie World with Fire4 hire, Dream World, Sea World with helicopter ride
Sydney - WetnWild Sydney

Korea
South Korea - Everland and Lotte World

Powered by Capital Market - Live News

Mahindra & Mahindra announces production, sales and exports figures
Mar 07,2017

Mahindra & Mahindra announced the production, sales and exports figured for month of February 2017 as under -

Production
Feb 16 - 44950
Feb 17 - 44401
FY 16 - 446528
FY 17 - 448026

Sales
Feb 16 - 41348
Feb 17 - 40414
FY 16 - 409098
FY 17 - 416059

Exports
Feb 16 - 2654
Feb 17 - 2300
FY 16 - 32280
FY 17 - 34532

Powered by Capital Market - Live News

United Spirits gets ratings assigned for commercial paper and LT debt programme
Mar 07,2017

United Spirits announced that ICRA has assigned the short term rating of ICRA A1+ for the Rs 1500 crore enhanced commercial paper programme of the Company.

ICRA has also assigned long term rating of ICRA AA to the Rs 765 crore Non Convertible Debenture / Long term debt programme of the Company.

Powered by Capital Market - Live News

Coal India fixes record date for interim dividend
Mar 07,2017

Coal India has fixed 15 March 2017 as record date for purpose of payment of interim dividend on equity shares for FY 2016-17. The date of payment of interim dividend is on and from 21 March 2017.

Powered by Capital Market - Live News

Fitch: Shale Recovery to Keep Oil Prices Under Pressure in 2017
Mar 07,2017

The recovery in US drilling activity will drive up shale oil production in the second half of 2017, offsetting a portion of recent oil price gains, Fitch Ratings says. We therefore expect average oil prices for the year to be below those in January and February.

OPECs November announcement that its members would cut production by about 1.2 million barrels per day (mmbbl/d) and the commitment of non-members to curtail production by roughly 600,000bbl/d have helped support oil prices in a USD50-55 range. OPEC compliance has reportedly been strong, but it remains to be seen whether it will be enough to meaningfully reduce abnormally high inventories. The exclusion of Libya and Nigeria and a poor record of adherence by some members makes us sceptical that the arrangement will be sustainable in the longer term..

At the same time, US rig counts have nearly doubled from their lows in May 2016, which has contributed to a rebound in US crude production to over 9mmbbl/d. We expect this upswing in production to continue throughout 2017 due to the rise in rig activity, increased capex budgets, and the roughly two- to four-month lag between spudding shale wells and production.

We have updated our base-case assumptions to reflect our view of supply fundamentals and the impact of OPECs production cuts. We have also re-established a Brent-WTI spread in our base case to reflect the anticipated resurgence of US shale production, logistics costs, inventory trends, and refinery incentives.

Our 2017 base case Brent price assumption has been raised to USD52.50/bbl from USD45/bbl and we continue to assume prices of USD55/bbl in 2018, USD60/bbl in 2019 and USD65/bbl in the long term. Our 2017 WTI price assumption was raised to USD50/bbl from USD45/bbl and our assumed 2018, 2019, and long-term prices were all adjusted lower by USD2.50/bbl to reflect the re-established Brent-WTI spread. The base case does not factor in the effects of a potential US border adjustment tax.

Powered by Capital Market - Live News

Delta Corp leads gainers in A group
Mar 07,2017

Delta Corp jumped 11.81% to Rs 172.30 at 14:17 IST. The stock topped the gainers in the BSEs A group. On the BSE, 19.87 lakh shares were traded on the counter so far as against the average daily volumes of 10.60 lakh shares in the past two weeks.

Adani Power surged 5.06% to Rs 40.50. The stock was the second biggest gainer in A group. On the BSE, 33.84 lakh shares were traded on the counter so far as against the average daily volumes of 8.19 lakh shares in the past two weeks.

MindTree gained 4.13% at Rs 479.50. The stock was the third biggest gainer in A group. On the BSE, 68,000 shares were traded on the counter so far as against the average daily volumes of 30,000 shares in the past two weeks.

Hexaware Technologies advanced 3.5% at Rs 226.50. The stock was the fourth biggest gainer in A group. On the BSE, 75,000 shares were traded on the counter so far as against the average daily volumes of 1.48 lakh shares in the past two weeks.

Escorts rose 2.81% to Rs 499. The stock was the fifth biggest gainer in A group. On the BSE, 4.99 lakh shares were traded on the counter so far as against the average daily volumes of 5.05 lakh shares in the past two weeks.

Powered by Capital Market - Live News

Brooks Lab gains after commencing production at new manufacturing unit
Mar 07,2017

The announcement was made during market hours today, 7 March 2017.

Meanwhile, the BSE Sensex was down 49.77 points, or 0.17%, to 28,998.42.

More than usual volumes were witnessed on the counter. On the BSE, 93,492 shares were traded in the counter so far, compared with an average volume of 23,793 shares in the past one quarter. The stock had hit a high of Rs 149.65 and a low of Rs 138 so far during the day. The stock had hit a record high of Rs 194.40 on 1 November 2016. The stock had hit a 52-week low of Rs 72 on 24 June 2016.

The stock had underperformed the market over the past one month till 6 March 2017, falling 3.71% compared with 2.14% rise in the Sensex. The scrip had also underperformed the market in past one quarter, declining 3.43% as against Sensexs 10.06% gains.

The small-cap company has an equity capital of Rs 16.19 crore. Face value per share is Rs 10.

Brooks Laboratories net profit fell 82.8% to Rs 0.48 crore on 32.5% decline in net sales to Rs 14.08 crore in Q3 December 2016 over Q3 December 2015.

Brooks Laboratories is a contract manufacturing pharmaceutical company.

Powered by Capital Market - Live News

Water Level of 91 major Reservoirs of the Country goes down by three per cent
Mar 07,2017

The water storage available in 91 major reservoirs of the country for the week ending on March 02, 2017 was 64.55 BCM, which is 41% of total storage capacity of these reservoirs. This percentage was at 44 for the week ending February 23, 2017. The level of March 02, 2017 was 132% of the storage of corresponding period of last year and 102% of storage of average of last ten years.

The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country. 37 Reservoirs out of these 91 have hydropower benefit with installed capacity of more than 60 MW.

REGION WISE STORAGE STATUS:-

NORTHERN REGION

The northern region includes States of Himachal Pradesh, Punjab and Rajasthan. There are 6 reservoirs under CWC monitoring having total live storage capacity of 18.01 BCM. The total live storage available in these reservoirs is 5.18 BCM which is 29% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 31% and average storage of last ten years during corresponding period was 36% of live storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.

EASTERN REGION

The Eastern region includes States of Jharkhand, Odisha, West Bengal and Tripura. There are 15 reservoirs under CWC monitoring having total live storage capacity of 18.83 BCM. The total live storage available in these reservoirs is 11.93 BCM which is 63% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 46% and average storage of last ten years during corresponding period was 48% of live storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year and is also better than the average storage of last ten years during the corresponding period.

WESTERN REGION

The Western region includes States of Gujarat and Maharashtra. There are 27 reservoirs under CWC monitoring having total live storage capacity of 27.07 BCM. The total live storage available in these reservoirs is 14.64 BCM which is 54% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 28% and average storage of last ten years during corresponding period was 50% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

CENTRAL REGION

The Central region includes States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh. There are 12 reservoirs under CWC monitoring having total live storage capacity of 42.30 BCM. The total live storage available in these reservoirs is 22.64 BCM which is 54% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 38% and average storage of last ten years during corresponding period was 37% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

SOUTHERN REGION

The Southern region includes States of Andhra Pradesh, Telangana, AP&TG (Two combined projects in both states) Karnataka, Kerala and Tamil Nadu. There are 31 reservoirs under CWC monitoring having total live storage capacity of 51.59 BCM. The total live storage available in these reservoirs is 10.16 BCM which is 20% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 22% and average storage of last ten years during corresponding period was 36% of live storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.

States having better storage than last year for corresponding period are Punjab, Rajasthan, Jharkhand, Odisha, West Bengal, Gujarat, Maharashtra, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Chhattisgarh, AP&TG (Two combined projects in both states) and Telangana. States having lesser storage than last year for corresponding period are Himachal Pradesh, Tripura, Andhra Pradesh, Karnataka, Kerala, and Tamil Nadu.

Powered by Capital Market - Live News

Volumes jump at Brigade Enterprises counter
Mar 07,2017

Brigade Enterprises clocked volume of 3.03 lakh shares by 13:46 IST on BSE, a 58.94-times surge over two-week average daily volume of 5,000 shares. The stock was up 0.88% at Rs 183.55.

PNC Infratech notched up volume of 11.4 lakh shares, a 35.37-fold surge over two-week average daily volume of 32,000 shares. The stock rose 2.93% at Rs 103.65 after the company was declared the L1 (lowest) bidder for NHAI project of six laning Chitradurga - Davanagere including Chitradurga bypass of NH 48 (Old NH-4) in Karnataka under NHDP V, to be executed on hybrid annuity mode for a bid project cost of Rs 1434 crore. The announcement was made after market hours yesterday, 6 March 2017.

Filatex India saw volume of 7.24 lakh shares, a 35.23-fold surge over two-week average daily volume of 21,000 shares. The stock jumped 18.62% at Rs 96.20.

Vadilal Industries clocked volume of 1.73 lakh shares, a 17.8-fold surge over two-week average daily volume of 10,000 shares. The stock jumped 12.72% at Rs 789.75.

Heidelberg Cement India saw volume of 5.18 lakh shares, a 8.33-fold rise over two-week average daily volume of 62,000 shares. The stock fell 1.44% at Rs 112.95.

Powered by Capital Market - Live News

V-Mart Retail opens two stores
Mar 07,2017

V-Mart Retail has opened 2 (two) new stores in the state of Uttar Pradesh & Bihar. Both the stores are fashion stores. With this the tally of Uttar Pradesh is increased to 59 stores and Bihar is increased to 30 stores. This takes the total number of stores to 140 Stores in 120 Cities across 14 states, with 37 Composite Stores & 103 Fashion Stores with a total area of approx. 11.86 lakhs sq. ft.

Powered by Capital Market - Live News

South Indian Bank as RBI removes restriction on purchases by foreign investors
Mar 07,2017

Meanwhile, the S&P BSE Sensex was down 77.63 points or 0.27% at 28,970.56

On BSE, so far 14.48 lakh shares were traded in the counter as against average daily volume of 12.35 lakh shares in the past one quarter. The stock hit a high of Rs 20.95 and low of Rs 20.45 so far during the day.

The stock had hit a 52-week high of Rs 23.12 on 7 October 2016. The stock had hit a 52-week low of Rs 15.43 on 29 March 2016. The stock had underperformed the market over the past 30 days till 6 March 2017, rising 0.4% compared with 2.86% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 5.84% as against Sensexs 10.06% gains.

The mid-cap private sector bank has equity capital of Rs 180.28 crore. Face value per share is Re 1.

The Reserve Bank of India yesterday, 6 March 2017, notified that the aggregate foreign share holdings by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Direct Investment (FDI)/American Depository Receipts (ADR)/Global Depository Receipts (GDR) under Portfolio Investment Scheme (PIS) in South Indian Bank have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence, the restrictions placed on the purchase of shares of the bank are withdrawn with immediate effect, RBI said.

South Indian Banks net profit rose 9.59% to Rs 111.38 crore on 11.31% rise in total income to Rs 1737.47 crore in Q3 December 2016 over Q3 December 2015.

South Indian Bank is a private sector bank in India headquartered in Thrissur, Kerala.

Powered by Capital Market - Live News