My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

Powered by Capital Market - Live News

Encore Software reports consolidated net loss of Rs 0.34 crore in the March 2017 quarter
Jun 15,2017

Net loss of Encore Software reported to Rs 0.34 crore in the quarter ended March 2017 as against net profit of Rs 0.01 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 and during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1.88 crore in the year ended March 2017 as against net profit of Rs 0.05 crore during the previous year ended March 2016. There were no Sales reported in the year ended March 2017 as against Rs 2.43 crore during the previous year ended March 2016.

Powered by Capital Market - Live News

Triveni Enterprises reports standalone net loss of Rs 0.05 crore in the March 2017 quarter
Jun 15,2017

Net Loss of Triveni Enterprises reported to Rs 0.05 crore in the quarter ended March 2017 as against net loss of Rs 0.02 crore during the previous quarter ended March 2016. Sales declined 76.12% to Rs 0.16 crore in the quarter ended March 2017 as against Rs 0.67 crore during the previous quarter ended March 2016.

For the full year,net profit declined 83.33% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.06 crore during the previous year ended March 2016. Sales declined 33.98% to Rs 8.80 crore in the year ended March 2017 as against Rs 13.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.160.67 -76 8.8013.33 -34 OPM %-56.25-4.48 --1.820.30 - PBDT-0.07-0.02 -250 0.010.10 -90 PBT-0.07-0.02 -250 0.010.10 -90 NP-0.05-0.02 -150 0.010.06 -83

Powered by Capital Market - Live News

Tulsyan NEC reports standalone net loss of Rs 17.95 crore in the March 2017 quarter
Jun 15,2017

Net Loss of Tulsyan NEC reported to Rs 17.95 crore in the quarter ended March 2017 as against net loss of Rs 11.82 crore during the previous quarter ended March 2016. Sales declined 23.93% to Rs 164.85 crore in the quarter ended March 2017 as against Rs 216.71 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 81.85 crore in the year ended March 2017 as against net loss of Rs 28.66 crore during the previous year ended March 2016. Sales declined 35.92% to Rs 541.82 crore in the year ended March 2017 as against Rs 845.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales164.85216.71 -24 541.82845.55 -36 OPM %4.732.13 -6.978.71 - PBDT-31.50-11.11 -184 -78.62-11.20 -602 PBT-37.90-13.70 -177 -100.90-27.06 -273 NP-17.95-11.82 -52 -81.85-28.66 -186

Powered by Capital Market - Live News

Sudal Industries reports standalone net loss of Rs 1.94 crore in the March 2017 quarter
Jun 15,2017

Net loss of Sudal Industries reported to Rs 1.94 crore in the quarter ended March 2017 as against net profit of Rs 3.62 crore during the previous quarter ended March 2016. Sales rose 40.59% to Rs 25.39 crore in the quarter ended March 2017 as against Rs 18.06 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6.92 crore in the year ended March 2017 as against net loss of Rs 6.31 crore during the previous year ended March 2016. Sales rose 20.71% to Rs 84.15 crore in the year ended March 2017 as against Rs 69.71 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales25.3918.06 41 84.1569.71 21 OPM %5.472.71 -7.800.40 - PBDT-1.65-2.37 30 -5.77-11.47 50 PBT-1.94-2.76 30 -6.92-12.69 45 NP-1.943.62 PL -6.92-6.31 -10

Powered by Capital Market - Live News

Kothari Petrochemicals standalone net profit declines 66.49% in the March 2017 quarter
Jun 15,2017

Net profit of Kothari Petrochemicals declined 66.49% to Rs 1.26 crore in the quarter ended March 2017 as against Rs 3.76 crore during the previous quarter ended March 2016. Sales rose 2.13% to Rs 65.16 crore in the quarter ended March 2017 as against Rs 63.80 crore during the previous quarter ended March 2016.

For the full year,net profit declined 36.38% to Rs 5.84 crore in the year ended March 2017 as against Rs 9.18 crore during the previous year ended March 2016. Sales rose 2.76% to Rs 219.48 crore in the year ended March 2017 as against Rs 213.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales65.1663.80 2 219.48213.59 3 OPM %4.869.48 -5.477.08 - PBDT3.556.57 -46 13.0816.99 -23 PBT2.715.90 -54 9.9814.25 -30 NP1.263.76 -66 5.849.18 -36

Powered by Capital Market - Live News

Sidh Automobiles standalone net profit rises 62.50% in the March 2017 quarter
Jun 15,2017

Net profit of Sidh Automobiles rose 62.50% to Rs 0.13 crore in the quarter ended March 2017 as against Rs 0.08 crore during the previous quarter ended March 2016. Sales rose 2125.00% to Rs 0.89 crore in the quarter ended March 2017 as against Rs 0.04 crore during the previous quarter ended March 2016.

For the full year,net profit remain constant at Rs 0.01 crore in the year ended March 2017 and also during the previous year ended March 2016. Sales rose 2125.00% to Rs 0.89 crore in the year ended March 2017 as against Rs 0.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.890.04 2125 0.890.04 2125 OPM %6.7475.00 --6.74-100.00 - PBDT0.130.08 63 0.010.01 0 PBT0.130.08 63 0.010.01 0 NP0.130.08 63 0.010.01 0

Powered by Capital Market - Live News

Encore Software reports standalone net loss of Rs 0.42 crore in the March 2017 quarter
Jun 15,2017

Net loss of Encore Software reported to Rs 0.42 crore in the quarter ended March 2017 as against net profit of Rs 0.39 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 and during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.44 crore in the year ended March 2017 as against net loss of Rs 1.50 crore during the previous year ended March 2016. There were no Sales reported in the year ended March 2017 and during the previous year ended March 2016.

Powered by Capital Market - Live News

Reduced Liability of Tax on complex, building, flat etc. under GST
Jun 15,2017

The CBEC and States have received several complaints that in view of the works contract service tax rate under GST at 12% in respect of under construction flats, complex etc, the people who have booked flats and made part payment are being asked to make entire payment before 1st July 2017 or to face higher tax incidence for payment made after 1st July 2017. This is against the GST law. The issue is clarified as below:-

1. Construction of flats, complex, buildings will have a lower incidence of GST as compared to a plethora of central and state indirect taxes suffered by them under the existing regime.

2. Central Excise duty is payable on most construction material @12.5%. It is higher in case of cement. In addition, VAT is also payable on construction material @12.5% to 14.5% in most of the States. In addition, construction material also presently suffer Entry Tax levied by the States. Input Tax Credit of the above taxes is not currently allowed for payment of Service Tax. Credit of these taxes is also not available for payment of VAT on construction of flats etc. under composition scheme. Thus, there is cascading of input taxes on constructed flats, etc.

3. As a result, incidence of Central Excise duty, VAT, Entry Tax, etc. on construction material is also currently borne by the builders, which they pass on to the customers as part of the price charged from them. This is not visible to the customer as it forms a part of the cost of the flat.

4. The current headline rate of service tax on construction of flats, residences, offices etc. is 4.5%. Over and above this, VAT @1% under composition scheme is also charged. The buyer only looks at the headline rate of 5.5%. In other cities/states, where VAT is levied under the composition scheme @2% or above, the headline rate visible to the customer is above 6.5%. What the customer does not see is the embedded taxes on account of cascading and sticking of input taxes in the cost of the flat, etc.

5. This will change under GST. Under GST, full input credit would be available for offsetting the headline rate of 12%. As a result, the input taxes embedded in the flat will not (& should not) form a part of the cost of the flat. The input credits should take care of the headline rate of 12% and it is for this reason that refund of overflow of input tax credits to the builder has been disallowed.

6. The builders are expected to pass on the benefits of lower tax burden under the GST regime to the buyers of property by way of reduced prices/ installments. It is, therefore, advised to all builders / construction companies that in the flats under construction, they should not ask customers to pay higher tax rate on instalments to be received after imposition of GST.

7. Despite this clarity on law position, if any builder resorts to such practice, the same can be deemed to be profiteering under section 171 of GST law.

Powered by Capital Market - Live News

Rupee retreats
Jun 15,2017

Rupee closed lower at 64.62/6275 per dollar on Thursday (15 June 2017), versus its previous close of 64.4075/4100 per dollar.

Powered by Capital Market - Live News

Board of Rajvir Industries approves sale of fixed assets
Jun 15,2017

The Board of Directors of Rajvir Industries at its meeting held on 15 June 2017 has approved the sale of fixed Assets subject to the approval of the shareholders pertaining to the unit of the company situated at Gopannapally (Village), Tandur Mandal Ranga Reddy District Telangana - 501141, and/or surplus open land available with the Company, to Any Person / Body Corporate / Related Party in the beneficial interests of the company.

Powered by Capital Market - Live News

Great Eastern Shipping Company acquires vessel
Jun 15,2017

Great Eastern Shipping Company has taken delivery of a Secondhand Medium Range Product Tanker Jag Pavitra (2008 Built) of about 51,464 dwt. The Company had contracted to buy the vessel in April 2017.

Powered by Capital Market - Live News

Chamanlal Setia Exports announces change in corporate office
Jun 15,2017

Chamanlal Setia Exports has shifted its corporate office from No 2, IInd Floor, Club Drive Road, M.G Road, Ghitorni, New Delhi to No. 472, Udyog Vihar, Phase III, Gurgaon -122001.

Powered by Capital Market - Live News

Pennar Industries and Pennar Engineering Systems to form equal JV
Jun 15,2017

Pennar Industries and Pennar Engineering Building Systems intent to set up 50: 50 joint venture in United States to supply their goods and services.

Powered by Capital Market - Live News

FPIs extends selling
Jun 15,2017

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 36.42 crore into the secondary equity markets on 14 June 2017, lower than net outflow of Rs 308.55 crore on 13 June 2017. On that day, the Sensex rose 52.42 points or 0.17% to settle at 31,155.91, its highest closing level since 9 June 2017.

The net outflow of Rs 36.42 crore on 14 June 2017 was a result of gross purchases of Rs 6697.28 crore and gross sales of Rs 6733.70 crore.

There was a net inflow of Rs 122.53 crore from the category primary market & others on 14 June 2017.

FPIs have purchased stocks worth a net Rs 3057.99 crore from the secondary equity markets in June 2017 so far (till 14 June 2017). FPIs had bought stocks worth a net Rs 2807.24 crore in May 2017.

FPIs have purchased shares worth a net Rs 40707.38 crore from the secondary equity markets in calendar year 2017 so far (till 14 June 2017). They had purchased shares worth a net Rs 12094.42 crore from the secondary equity markets in calendar year 2016.

FPIs have bought stocks worth a net Rs 1574.80 crore from the category primary market & others in June 2017 so far (till 14 June 2017). FPIs had purchased stocks worth a net Rs 4904.17 crore from the category primary market & others in May 2017.

FPIs have purchased shares worth a net Rs 13662.89 crore from the category primary markets & others in calendar year 2017 so far (till 14 June 2017). The net inflow from FPIs into the category primary markets & others had totaled Rs 8471.76 crore in calendar year 2016.

Powered by Capital Market - Live News

Board of Bodhtree Consulting defers sub-division of equity shares
Jun 15,2017

The Board of Bodhtree Consulting at its meeting held on 15 June 2017 deliberated and deferred the decision on stock split of equity shares of the Company for future consideration.

Powered by Capital Market - Live News