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

Gati to hold board meeting
Jun 13,2017

Gati will hold a meeting of the Board of Directors of the Company on 14 June 2017.

Powered by Capital Market - Live News

Lakshmi Precision Screws to hold board meeting
Jun 13,2017

Lakshmi Precision Screws will hold a meeting of the Board of Directors of the Company on 20 June 2017.

Powered by Capital Market - Live News

Canara Bank to hold board meeting
Jun 13,2017

Canara Bank will hold a meeting of the Board of Directors of the Company on 15 June 2017.

Powered by Capital Market - Live News

Sun Pharma rises after USFDA approval for generic drug
Jun 13,2017

The announcement was made before trading hours today, 13 June 2017.

Meanwhile, the S&P BSE Sensex was up 62.99 points, or 0.20% to 31,158.69.

On the BSE, 2.55 lakh shares were traded in the counter so far, compared with average daily volumes of 5.10 lakh shares in the past one quarter. The stock had hit a high of Rs 551.40 and a low of Rs 540.20 so far during the day. The stock hit a 52-week high of Rs 854.50 on 4 August 2016. The stock hit a 52-week low of Rs 493 on 29 May 2017.

The stock had underperformed the market over the past one month till 12 June 2017, falling 18.43% compared with 3.01% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 24.72% as against Sensexs 5.61% rise. The scrip had also underperformed the market in past one year, falling 28.54% as against Sensexs 17.80% rise.

The large-cap company has equity capital of Rs 239.93 crore. Face value per share is Re 1.

Sun Pharmaceutical Industries announced that one of its wholly-owned subsidiaries has received final approval from US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for generic version of Zetia, (ezetimibe) tablets 10mg. These generic ezetimibe tablets are therapeutic equivalents of Mercks Zetia tablets. As per IMS, ezetimibe tablets had annual sales of approximately $2.7 billion in the US for the 12 months ended April 2017. Zetia is used to help lower cholesterol in the blood.

On a consolidated basis, net profit of Sun Pharmaceuticals Industries declined 16.67% to Rs 1385.57 crore on 7.97% decline in net sales to Rs 6825.16 crore in Q4 March 2017 over Q4 March 2016.

Sun Pharmaceutical Industries is the worlds fourth largest specialty generic pharmaceutical company and Indias top pharmaceutical company.

Powered by Capital Market - Live News

Zydus received final approval for Ezetimibe Tablets
Jun 13,2017

Zydus Cadila has received final approval from the USFDA to market Ezetimibe Tablets USP, 10 mg. Ezetimibe is a drug used to reduce high cholesterol levels. It will be produced at the groups formulations manufacturing facility at Moraiya, Ahmedabad.

Powered by Capital Market - Live News

Vascon Engineers extends Mondays sharp slide
Jun 13,2017

Meanwhile, the S&P BSE Sensex was up 78.64 points or 0.25% at 31,174.34. The S&P BSE Small-Cap index advanced 116.45 points or 0.75% at 15,570.51.

On the BSE, 53.17 lakh shares were traded on the counter so far as against the average daily volumes of 5.33 lakh shares in the past two weeks. The stock had hit a high of Rs 44.70 and a low of Rs 39.05 so far during the day. The stock had hit a 52-week high of Rs 58.80 on 15 May 2017 and a 52-week low of Rs 26.15 on 27 December 2016.

The stock had underperformed the market over the past one month till 12 June 2017, sliding 15.21% compared with the Sensexs 3.01% rise. The stock had, however, outperformed the market over the past one quarter, gaining 24.52% as against the Sensexs 7.43% rise. The scrip had also outperformed the market over the past one year, surging 63.78% as against the Sensexs 16.74% rise.

The small-cap company has equity capital of Rs 167.66 crore. Face value per share is Rs 10.

Shares of Vascon Engineers have declined 21.21% in two trading sessions from its closing of Rs 56.80 on 9 June 2017 after the company announced on Sunday, 11 June 2017 that it has cancelled the proposed issuance of compulsorily convertible debentures on preferential basis. In response to the companys announcement, the stock had tumbled by the maximum permissible level of 20% to settle at Rs 45.45 yesterday, 12 June 2017.

On 27 April 2017, Vascon Engineers proposed preferential allotment of fully compulsorily convertible debentures (CCDs) to Manan Finserve and Vinca Rosea Farms and Properties LLP. However, due to certain differences between the company with the proposed investors, both parties decided to terminate the arrangement. Accordingly, the company has cancelled the proposed preferential allotment of CCDs to the proposed investors.

Vascon Engineers reported net profit of Rs 1.90 crore in Q4 March 2017 as against net loss of Rs 1.48 crore in Q4 March 2016. Net sales declined 25.5% to Rs 57.48 crore in Q4 March 2017 over Q4 March 2016.

Vascon Engineers is an engineering, procurement and construction (EPC) company. It is active In multiple sectors including residential, industrial, IT parks, malls and multiplexes, hospitality and community.

Powered by Capital Market - Live News

Sun Pharmaceutical Industries receives final approval for generic ezetimibe tablets
Jun 13,2017

Sun Pharmaceutical Industries announced that one of its wholly owned subsidiaries has received final approval from US FDA for its Abbreviated New Drug Application (ANDA) for generic version of Zetian++, (ezetimibe) Tablets 10mg.

These generic ezetimibe tablets are therapeutic equivalents of Mercks Zetian++ tablets. As per IMS, ezetimibe tablets had annual sales of approximately US$2.7 billion in the US for the 12 months endedApril 2017.

Powered by Capital Market - Live News

Cosmo Films gains on expanding its range of products
Jun 13,2017

The announcement was made after market hours yesterday, 12 June 2017.

Meanwhile, the S&P BSE Sensex was up 86.48 points, or 0.28% to 31,182.18.

On the BSE, 310 shares were traded in the counter so far, compared with average daily volumes of 96,292 shares in the past one quarter. The stock had hit a high of Rs 410 and a low of Rs 414.40 so far during the day. The stock hit a record high of Rs 468.80 on 28 April 2017. The stock hit a 52-week low of Rs 310 on 3 August 2016.

The stock had underperformed the market over the past one month till 12 June 2017, falling 7.48% compared with 3.01% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 13.73% as against Sensexs 5.61% rise. The scrip had also outperformed the market in past one year, rising 20.28% as against Sensexs 17.80% rise.

The small-cap company has equity capital of Rs 19.44 crore. Face value per share is Rs 10.

Cosmo Films said it will now offer an extended range of direct thermal printable (DTP) products. This would include standard DTP films, top coated DTP films, high temperature DTP films and DTP paper.

On a consolidated basis, net profit of Cosmo Films rose 16.76% to Rs 28.15 crore on 13.45% rise in net sales to Rs 438.34 crore in Q4 March 2017 over Q4 March 2016.

Cosmo Films is one of the global leaders and manufacturers of Bi-axially Oriented Polypropylene (BOPP) films used for packaging, labels and lamination applications. The company is the largest exporter of BOPP films from India and is also the largest producer of thermal lamination films in the world with plant cum distribution centres in India, Japan, Korea & the US along with global channel partners in more than fifty countries.

Powered by Capital Market - Live News

Indian electronics market expected to reach $400 billion by 2020: study
Jun 13,2017

The demand of electronic products in India is expected to grow at a CAGR (compound annual growth rate) of 41% during 2017-2020 to reach USD 400 billion by 2020, the domestic production which is currently growing at a CAGR of 27% may touch USD 104 billion leaving a huge gap for import to the extent of USD 300 billion, according to the joint study brought out by ASSOCHAM and NEC.

A joint study undertaken by NEC Technologies and ASSOCHAM reveals, India is becoming home to a growing middle class population. Increasing disposable income has led to increased consumer demand for electronics products specially advanced TVs, mobile phones and computers. This surge in demand is huge which shows a positive outlook for the industry.

However, what needs to be addressed to meet governments vision of turning India into a manufacturing hub is the domestic production. Demand for electronic products in India is poised for significant growth in the next few years, driven by a strong economic outlook. The Indian electronics and hardware market grew by 8.6% YoY to reach USD 75 billion in 2015, driven by rising local demand. The worldwide electronics industry was valued at around USD 1.86 trillion in 2015, noted the study.

Electronics industry valued at USD 1.75 trillion is the largest and fastest growing industry in the world, highlighted the study.

Indias total electronics hardware production 2014-15 is estimated at USD 32.46 billion. This represents a share of about 1.5 per cent in world electronic hardware production. The domestic consumption of electronic hardware in 2014-15 was USD 63.6 billion out of which 58% was fulfilled with imports. With demonetization adding to the demand for POS devices and mobile phones, this demand is going to increase manifolds.

The investments in electronic manufacturing which was just INR 11,000 crores in June 2014, has increased exponentially to INR 1,27,880 crores in 2016. This is also due to the Governments efforts to create an enabling policy ecosystem in the sector bringing through initiatives like Make in India and Digital India and providing special focus to schemes like the Modified Special Incentive Package Scheme (M-SIPS) and Electronic Development Fund (EDF).

However, even though there are signs of promising growth, the local production of electronic products has to be increased significantly to meet the domestic demand. The industry suggest the government to focus on both infrastructural as well as at the policy level, increased emphasis has to be provided for increasing the percentage of local component manufacturing in India. Simplifying the complex regulatory structure for making compliance easier for new entrants and developing a participatory approach, where all the stakeholders are involved in the policy making process.

Powered by Capital Market - Live News

Axis Bank nudges higher on fund raising proposal
Jun 13,2017

The announcement was made after market hours yesterday, 12 June 2017.

Meanwhile, the S&P BSE Sensex was up 66.61 points or 0.21% at 31,162.31.

On the BSE, 10,000 shares were traded on the counter so far as against the average daily volumes of 2.24 lakh shares in the past two weeks. The stock had hit a high of Rs 512.25 and a low of Rs 509.20 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 424.60 on 10 January 2017.

The stock had underperformed the market over the past one month till 12 June 2017, advancing 0.96% compared with the Sensexs 3.01% rise. The stock had also underperformed the market over the past one quarter, sliding 1.58% as against the Sensexs 7.43% rise. The scrip had also underperformed the market over the past one year, declining 6.26% as against the Sensexs 16.74% rise.

The large-cap bank has equity capital of Rs 479.36 crore. Face value per share is Rs 2.

Axis Bank said it proposes to raise funds by issuing unsecured redeemable non-convertible subordinated debentures, Basel-III Compliant Tier 2 debentures aggregating to Rs 5000 crore. The board of directors of the bank will consider the proposal to issue and allot the aforesaid securities through circular resolution.

Axis Banks net profit fell 43.1% to Rs 1225.10 crore on 4.3% growth in total income to Rs 14181.31 crore in Q4 March 2017 over Q4 March 2016.

Axis Bank is one of the biggest private sector banks in India.

Powered by Capital Market - Live News

TCS in focus on collaboration with Intel Corp
Jun 13,2017

TCS announced a new collaboration with Intel Corporation to build a future ready reference architecture for the internet of things (IoT), cloud, network, 5G, AI and data center infrastructure management, helping to meet rapidly evolving digital transformation requirements of global markets. The announcement was made after market hours yesterday, 12 June 2017.

TCS and Intel are also investing in Centre of Excellence (CoE) in the US and India, which will be hubs for next generation datacenter technologies, IoT and cloud-ready network architectures to support customers.

Wipro said that in view of market activity in the companys shares on Monday, 12 June 2017, the New York Stock Exchange (NYSE) has contacted the company in accordance with its usual practice. The company felt that it was important to clarify to the market that the payable date and ex-dividend date for its ADR (American Depository Receipts) bonus issue, or stock dividend, are yet to be determined, Wipro said.

At NYSE, for ADR stock dividends or bonus issue, the ex-dividend date is set as the first business day after the stock dividend is paid, which is also after the record date. Therefore NYSE has not yet declared an ex-dividend date for Wipros ADR program. Once the payable date is declared NYSE will announce the ex-dividend date for the ADR, Wipro clarified. The announcement was made after market hours yesterday, 12 June 2017.

Axis Bank said it proposes to raise funds by issuing unsecured redeemable non-convertible subordinated debentures, Basel-III Compliant Tier 2 debentures aggregating to Rs 5000 crore. The board of the bank will consider the proposal to issue and allot the aforesaid securities through circular resolution. The announcement was made after market hours yesterday, 12 June 2017.

Shriram Transport Finance Company announced that the allotment committee-non convertible debentures (NCDs) of the company approved and allotted 5,500 secured, redeemable, rated, listed NCDs of face value of Rs 10 lakh each, aggregating to Rs 550 crore on private placement basis. The announcement was made after market hours yesterday, 12 June 2017.

Cosmo Films announced expansion of its range of direct thermal printable products. The company would now offer an extended range of direct thermal printable (DTP) products. This would include standard DTP films, top coated DTP films, high temperature DTP films and DTP paper. The announcement was made after market hours yesterday, 12 June 2017.

Powered by Capital Market - Live News

Board of Sai Baba Investment and Commercial Enterprises approves stock split
Jun 12,2017

Sai Baba Investment and Commercial Enterprises announced that the Board of Directors of the Company at their meeting held on 12 June 2017 have approved Sub-division (Stock Split) of each Equity Share having nominal value of Rs. 10/- each into 10 Equity Shares of nominal value of Rs. 1/- each subject to the approval of members of the Company at the ensuing Extraordinary General Meeting of the Company.

Powered by Capital Market - Live News

Kamanwala Housing Construction announces resignation of director
Jun 12,2017

Kamanwala Housing Construction announces the resignation of Satish Chandra Gupta from the Board of the Company.

Powered by Capital Market - Live News

Tech Mahindra allots 82,440 equity shares
Jun 12,2017

Tech Mahindra has allotted 82,440 equity shares of Rs 5 each under ESOP on 12 June 2017.

Powered by Capital Market - Live News

Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 250 crore
Jun 12,2017

Mahindra & Mahindra Financial Services has allotted Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 10,00,000 each, at par, aggregating to Rs. 250 crore on 12 June 2017.

Powered by Capital Market - Live News