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

Avenue Supermarts attracts shoppers after strong Q1 outcome
Jul 24,2017

The result was announced on Saturday, 22 July 2017.

Meanwhile, the S&P BSE Sensex was up 85.52 points or 0.27% at 32,114.41

On the BSE, 1.17 lakh shares were traded in the counter so far, compared with average daily volumes of 2.31 lakh shares in the past one quarter. The stock hit a high of Rs 964.25 in intraday trade so far, which is a record high for the counter. The stock had hit a low of Rs 930.25 so far during the day. The stock hit a record low of Rs 558.75 on 21 March 2017.

The large-cap company has equity capital of Rs 624.08 crore. Face value per share is Rs 10.

Avenue Supermarts companys earnings before interest, taxation, depreciation and amortization (EBITDA) rose 29.2% to Rs 303 crore in Q1 June 2017 over Q1 June 2016. EBITDA margin fell to 8.4% in Q1 June 2017 from 8.8% in Q1 June 2016.

Avenue Supermarts said that the company follows everyday low cost - everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive price, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices.

Shares of Avenue Supermarts had debuted at Rs 604.40 on BSE, a premium of 102.14% to the initial public offer (IPO) price of Rs 299 per share on 21 March 2017. The stock had settled at Rs 640.75 on that day, a premium of 114.29% over its IPO price.

The IPO of Avenue Supermarts closed with strong response from investors. The IPO received bids for 464.08 crore shares compared with 4.43 crore shares on offer. The IPO was subscribed 104.59 times. The issue opened for bidding on 8 March 2017 and closed on 10 March 2017.

Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof. The company offers a wide range of products with a focus on Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. As of 30 June 2017, the company had 132 stores with Retail Business Area of 4.1 million sq.ft. across Maharashtra, Gujarat, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR, Chhattisgarh and Punjab.

Powered by Capital Market - Live News

Mahindra & Mahindra Financial Services raises Rs 1150.53 crore
Jul 24,2017

Mahindra & Mahindra Financial Services announced that the Bond Issue Committee (the Committee) at its Meeting held on 24 July, 2017, has approved the allotment of Unsecured Subordinated Redeemable Non-Convertible Debentures (NCDs) as follows -

1. The Company has raised Rs. 1150.53 crore through Public Issue of NCDs.

2. The Committee vide its resolution passed on 24 July, 2017 has, inter-alia, approved allotment of 1,15,05,313 NCDs having the Face Value of Rs. 1,000 each in terms of the Shelf Prospectus and Tranche 1 Prospectus dated 29 June, 2017.

The said NCDs shall be listed on BSE.

Powered by Capital Market - Live News

Lupin gains as Goa facility clears US FDA inspection
Jul 24,2017

The announcement was made after market hours on Friday, 21 July 2017.

Meanwhile, the S&P BSE Sensex was up 90.04 points or 0.28% at 32,118.93.

On the BSE, 30,000 shares were traded on the counter so far as against the average daily volumes of 1.54 lakh shares in the past one quarter. The stock had hit a high of Rs 1,174.85 and a low of Rs 1,152.20 so far during the day. The stock had hit a 52-week high of Rs 1,750 on 29 July 2016 and a 52-week low of Rs 1,036.80 on 5 July 2017.

The large-cap company has equity capital of Rs 90.34 crore. Face value per share is Rs 2.

Lupin announced the successful completion of a PAI inspection (Prior Approval Inspection) carried out by the United States Food and Drug Administration (USFDA) at its Goa manufacturing facility without any observations. The inspection which started on Monday, 17 July 2017 was concluded by afternoon Friday, 21 July 2017, Lupin said.

On consolidated basis, Lupins net profit fell 49.16% to Rs 380.21 crore on 1.29% growth in net sales to Rs 4161.88 crore in Q4 March 2017 over Q4 March 2016.

Lupin is a transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and active pharmaceutical ingredients (APIs) globally.

Powered by Capital Market - Live News

Zee Entertainment Enterprises acquires balance 49% stake in India Webportal
Jul 24,2017

Zee Entertainment Enterprises has completed the acquisition of the balance 49% equity stake in India Webportal (IWPL), comprising of 12,20,10,000 equity shares of Rs 2 each. Post this acquisition, IWPL has become a wholly owned subsidiary of the Company with effect from 22 July 2017.

Powered by Capital Market - Live News

the Government decides to extend the time limit for filing intimation for Composition Levy up to 16 August 2017
Jul 24,2017

The Government is mindful of the concerns of tax payers, especially the small taxpayers, arising from transition to the GST regime from 1st of July, 2017.

With a view to ease the compliance burden of provisionally migrated small taxpayers opting to pay tax under the Composition scheme, it has been decided to extend the time limit for filing intimation for Composition levy (filing of intimation FORM GST CMP-01) up to 16th August, 2017.

Similarly, the taxpayers who were provisionally migrated by virtue of being registered under the existing laws, but who are no longer required to be registered under GST, the period of applying for Cancellation of Registration is being extended up to 30th September, 2017. Relevant notifications are being issued.

Powered by Capital Market - Live News

Strides Shasun receives approval for Cetirizine Hydrochloride Capsules
Jul 24,2017

Strides Shasun has received approval from United States Food & Drug Administration for Cetirizine Hydrochloride Capsules, 10 mg (Liquid Filled Capsules) (OTC).

Powered by Capital Market - Live News

NITI Aayog approves Rs 18K crore investment for 200 kmph rail projects for 2 major routes, says Suresh Prabhu
Jul 24,2017

The premiere think-tank of the Government of India, NITI Aayog has approved investments worth Rs 18,000 crore for high-speed rail projects for major routes of Delhi-Mumbai and Delhi-Kolkata, Union Minister for Railways, Mr Suresh Prabhu said at an ASSOCHAM event.

n++We are working on Gatiman Express which is Indias fastest train at 180 km per hour and trying for Mumbai-Delhi and Delhi-Kolkata which are major routes with a speed of maximum 200 km per hour (kmph) and that will be an investment of Rs 18,000 crore which has already been approved by the NITI Aayog,n++ said Mr Prabhu. n++When we proposed it, they were apprehensive but now everybody realises importance of it as it is a least-cost option, so we are trying to do that, you can imagine the trains can go at that speed from Delhi to Mumbai and how much travel time will be reduced,n++ he said.

He also said that Railways Ministry is working with many countries to increase the speed of operations, including France.

n++There are a lot of studies which are going on and they are in a very advanced stage, so we will start implementing that in the next few months time,n++ the Union Minister said.

He added that the Government is working towards introducing cutting-edge technology of future in all aspects of railways with it not only being imported but being co-developed in India.

n++We already had about 6-8 months ago, a programme in which we called all the major technology developers who had not yet fully developed, commercialized the technology which can take the speed of railways to more than 600 kmph and we are already working with them, companies like Hyperloop,n++ said Mr Prabhu.

Talking about the use of high-end technology on safety front, he said that self-propelled detection of tracks together with use of ultrasonic machines and geo-spatial technology to alert about unmanned railway crossings are underway.

On laying of railway tracks, he said that automatic track laying machines which are already being used on Dedicated Freight Corridor will now be tried all over the country.

n++This has already resulted in increasing the speed of putting the track which was only three kms. per day to almost eight kms. per day and the target is to take it to 20 kms. per day in the next three years and definitely we are on track for doing that,n++ said Mr Prabhu.

He said considering that capital expenditure needed for optimal technology has gone from Rs 30,000 crore a year to almost Rs 2,75,000 crore in the last 2.5 years shows the commitment of the Government.

On the rolling stock, he said that two major locomotives are already in use with one from French transport giant Alstom. n++It is going to bring in the best cutting edge technology, environment friendly, speed will be good, least fuel consumption and that will available in the next months time and that is going to be manufactured in India.n++

He said that another locomotive factory would be set up in West Bengal, n++We are yet to finalise the bid, but it will already be happening. That again will begin the best technology in fact, all the top global players are vying for it.n++

Highlighting that the Government is taking all these steps in a very transparent manner, the Union Minister said that companies like Siemens have made a consortium in this regard. n++So you can imagine how serious they are because otherwise they would have come on their own.n++

Mr Prabhu also informed that Railway Ministry has started working on revamping, refurbishing and retrofitting of 40,000 outdated coaches.

n++We have already stopped manufacturing non-LHB coaches from April 1, next year and all the LHB coaches will be manufactured, so you can imagine the technological up-gradation that is happening at all levels,n++ he said.

He said that Railway Ministry has also completely revamped the ticket-booking mobile application with many services being made available on one single application. n++This is going to bring in a completely different experience for the traveller because he can book it completely on his palm literally, not only booking but anything to do with railways.n++

Talking about the recently held huge roundtable conference on technology, he said that Railway Ministry was engaging with all the top global players that had participated in the same.

n++I think we have already taken very serious steps, to modernise and optimise the capacity of railway operations and the biggest other technology tool that we will be using and we have already started work on is rail cloud,n++ said Mr Prabhu.

He said that Railway Ministry has also started working on enterprise resource planning (ERP) which has the potential to save up to Rs 70,000 crore.

n++We are also using technology for each and every aspect of railways, including managerial practices which includes our internal processes to ensure that efficiency is allowed and in fact we will try to plug every possible area where there is a leakage, hoodwinking possible and the system will be made foolproof,n++ said the Union Railway Minister.

Powered by Capital Market - Live News

Lupin may advance as Goa facility clears US FDA inspection
Jul 24,2017

Lupin announced the successful completion of a PAI inspection (Prior Approval Inspection) carried out by the United States Food and Drug Administration (USFDA) at its Goa manufacturing facility without any observations. The announcement was made after market hours on Friday, 21 July 2017.

Reliance Industries (RIL) held its 40th annual general meeting (AGM) on Friday, 21 July 2017. RIL Chairman Mukesh Ambani announced the launch of JioPhone, which is a 4G VoLTE-enabled feature phone. Reliance Jio JioPhone will hit the shelves starting the first week of September, and pre-orders begin 24 August 2017, he said. Reliance Jio has close to 100 million paid customers, added Ambani. The outcome of the AGM was disclosed to the stock exchanges after market hours on Friday, 21 July 2017.

Tata Motors said it is holding a meeting of its duly constituted committee of the board on 26 July 2017, to consider issue of non-convertible debentures (NCDs) aggregating to Rs 1000 crore in one or more tranches. The announcement was made after market hours on Friday, 21 July 2017.

State Bank of India (SBI) said that the executive committee of the central board (ECCB) of the bank at its meeting held on Friday, 21 July 2017, given approval for entering into a shareholder agreement with CA Rover Holdings (an affiliate of Carlyle Asia Partners IV), who will be the new partner in the banks Credit Card joint venture, and shall hold 26% stake in both the companies. The proposed transactions are subject to regulatory approvals. The announcement was made after market hours on Friday, 21 July 2017.

Among prominent earnings, Ambuja Cements, HDFC Bank, Indiabulls Housing Finance, Bharti Infratel and Zee Entertainment Enterprises are scheduled to announce April-June 2017 quarterly earnings today, 24 July 2017.

Avenue Supermarts net profit rose 47.56% to Rs 174.78 crore on 36.27% rise in total income to Rs 3620.96 crore in Q1 June 2017 over Q1 June 2016. The result was announced on Saturday, 22 July 2017.

Divis Laboratories net profit dropped 41.51% to Rs 176.54 crore on 17.67% fall in total income to Rs 850.88 crore in Q1 June 2017 over Q1 June 2016. The result was announced on Saturday, 22 July 2017.

Mangalore Refinery and Petrochemicals (MRPL) reported 67.43% fall in net profit to Rs 234.01 crore on 18.76% rise in total income to Rs 10282.85 crore in Q1 June 2017 over Q1 June 2016. The result was announced after market hours on Friday, 21 July 2017.

Tata Sponge Iron reported 190.22% surge in net profit to Rs 30.56 crore on 57.7% rise in total income to Rs 185.27 crore in Q1 June 2017 over Q1 June 2016. The result was announced after market hours on Friday, 21 July 2017.

Powered by Capital Market - Live News

Lumax Industries consolidated net profit rises 17.79% in the June 2017 quarter
Jul 22,2017

Net profit of Lumax Industries rose 17.79% to Rs 15.16 crore in the quarter ended June 2017 as against Rs 12.87 crore during the previous quarter ended June 2016. Sales rose 15.04% to Rs 348.35 crore in the quarter ended June 2017 as against Rs 302.82 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales348.35302.82 15 OPM %7.047.71 - PBDT32.2025.26 27 PBT21.0215.06 40 NP15.1612.87 18

Powered by Capital Market - Live News

IIFL Holdings consolidated net profit rises 44.02% in the June 2017 quarter
Jul 22,2017

Net profit of IIFL Holdings rose 44.02% to Rs 198.09 crore in the quarter ended June 2017 as against Rs 137.54 crore during the previous quarter ended June 2016. Sales rose 43.50% to Rs 1473.20 crore in the quarter ended June 2017 as against Rs 1026.63 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales1473.201026.63 43 OPM %64.9268.01 - PBDT390.14248.16 57 PBT375.28234.62 60 NP198.09137.54 44

Powered by Capital Market - Live News

SE Investments consolidated net profit rises 2.15% in the June 2017 quarter
Jul 22,2017

Net profit of SE Investments rose 2.15% to Rs 17.60 crore in the quarter ended June 2017 as against Rs 17.23 crore during the previous quarter ended June 2016. Sales rose 15.64% to Rs 69.27 crore in the quarter ended June 2017 as against Rs 59.90 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales69.2759.90 16 OPM %68.7369.12 - PBDT21.4020.62 4 PBT20.0419.23 4 NP17.6017.23 2

Powered by Capital Market - Live News

Avenue Supermarts standalone net profit rises 47.56% in the June 2017 quarter
Jul 22,2017

Net profit of Avenue Supermarts rose 47.56% to Rs 174.78 crore in the quarter ended June 2017 as against Rs 118.45 crore during the previous quarter ended June 2016. Sales rose 35.66% to Rs 3598.13 crore in the quarter ended June 2017 as against Rs 2652.39 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales3598.132652.39 36 OPM %8.438.85 - PBDT301.73211.54 43 PBT268.02182.79 47 NP174.78118.45 48

Powered by Capital Market - Live News

IIFL Holdings standalone net profit rises 2384.81% in the June 2017 quarter
Jul 22,2017

Net profit of IIFL Holdings rose 2384.81% to Rs 19.63 crore in the quarter ended June 2017 as against Rs 0.79 crore during the previous quarter ended June 2016. Sales rose 648.04% to Rs 34.41 crore in the quarter ended June 2017 as against Rs 4.60 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales34.414.60 648 OPM %92.4462.39 - PBDT30.241.30 2226 PBT30.041.22 2362 NP19.630.79 2385

Powered by Capital Market - Live News

Jammu and Kashmir Bank standalone net profit rises 31.95% in the June 2017 quarter
Jul 22,2017

Net profit of Jammu and Kashmir Bank rose 31.95% to Rs 30.19 crore in the quarter ended June 2017 as against Rs 22.88 crore during the previous quarter ended June 2016. Total Operating Income rose 0.48% to Rs 1680.32 crore in the quarter ended June 2017 as against Rs 1672.35 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Total Operating Income1680.321672.35 0 OPM %56.4057.32 - PBDT89.8435.61 152 PBT89.8435.61 152 NP30.1922.88 32

Powered by Capital Market - Live News

Aro Granite Industries standalone net profit declines 93.80% in the June 2017 quarter
Jul 22,2017

Net profit of Aro Granite Industries declined 93.80% to Rs 0.31 crore in the quarter ended June 2017 as against Rs 5.00 crore during the previous quarter ended June 2016. Sales declined 17.70% to Rs 55.25 crore in the quarter ended June 2017 as against Rs 67.13 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales55.2567.13 -18 OPM %4.8914.35 - PBDT2.638.65 -70 PBT0.486.47 -93 NP0.315.00 -94

Powered by Capital Market - Live News