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

Vinati Organics gains as board approves buyback
Aug 14,2017

The announcement was made after market hours on Friday, 11 August 2017.

Meanwhile, the S&P BSE Sensex was up 236.05 points, or 0.76%, to 31,449.64. The S&P BSE Mid-Cap index was up 270.03 points, or 1.83%, to 14,996.30.

On BSE, so far 5,922 shares were traded in the counter as against average daily volume of 6,739 shares in the past one quarter. The stock hit a high of Rs 1,024.15 and a low of Rs 944.60 so far during the day. The stock hit a record high of Rs 1,122 on 8 August 2017. The stock hit a 52-week low of Rs 511 on 9 November 2016.

The mid-cap company has equity capital of Rs 10.32 crore. Face value per share is Rs 2.

Vinati Organics board at its meeting held on 11 August 2017, approved buyback of upto 2 lakh shares or 0.39% equity share capital of the company from all the shareholders on a proportionate basis through the tender offer route using the stock exchange mechanism at Rs 1,200 per share.

Vinati Organics net profit fell 12.96% to Rs 31.10 crore on 12.98% rise in net sales to Rs 184.42 crore in Q1 June 2017 over Q1 June 2016. The result was announced after market hours on Friday, 11 August 2017.

Vinati Organics manufactures isobutyl benzene, the prime raw material for the manufacture of ibuprofen, a vital bulk drug.

Powered by Capital Market - Live News

Prime Property Development Corporation fixes record date
Aug 14,2017

Prime Property Development Corporation has fixed 22nd September 2017 as the record date for the purpose of payment of dividend, if approved by the members in the Annual General Meeting.

Powered by Capital Market - Live News

Dwitiya Trading fixes record date for Final Dividend
Aug 14,2017

Dwitiya Trading has fixed 18th September 2017 as the record date for the purpose of determining the name of members eligible for receipt of the final dividend.

Powered by Capital Market - Live News

Santosh Fine-Fab director resigns
Aug 14,2017

Santosh Fine-Fab announced that Mr Mahesh R Maheshwari, an independent director since 3rd August 2017 has resigned vide letter dated the same date and the same has been approved by the Board.

Powered by Capital Market - Live News

PVV Infra changes directorate
Aug 14,2017

PVV Infra has appointed Shri K Kiran Kumar as Additional Director ofthe company. The Board also approved the cessation of Mr. Chanakya Bellam, Mr.Ajay Yadav and Mr. Srikanth Gummalla as Directorsof the company.

Powered by Capital Market - Live News

Trident appoints director
Aug 14,2017

Trident on 12th August 2017 has appointed Mr Dinesh Kumar Mittal as an Additional Director in the capacity Independent Director of the Company.

Powered by Capital Market - Live News

BPCL retracts on disappointing Q1 results
Aug 14,2017

The result was announced after market hours on Friday, 11 August 2017.

Meanwhile, the S&P BSE Sensex was up 256.20 points or 0.82% at 31,469.79.

On the BSE, 78,605 shares were traded on the counter so far as against the average daily volumes of 1.78 lakh shares in the past one quarter. The stock had hit a high of Rs 485.15 and a low of Rs 465.75 so far during the day. The stock had hit a record high of Rs 530 on 8 August 2017. The stock had hit a 52-week low of Rs 375.64 on 12 September 2016.

The stock had outperformed the market over the past one month till 11 August 2017, gaining 7.17% compared with the Sensexs 1.68% decline. The stock had, however, underperformed the market over the past one quarter, declining 0.35% as against the Sensexs 3.18% rise. The scrip had, however, outperformed the market over the past one year, gaining 21.99% as against the Sensexs 12.04% rise.

The large-cap company has equity capital of Rs 2169.25 crore. Face value per share is Rs 10.

BPCLs average gross refining margin (GRM) fell to $4.88 per barrel in Q1 June 2017 from $6.09 per barrel in Q1 June 2016.

The company has accounted compensation towards sharing of under-recoveries on sale of sensitive petroleum products of Rs 196.75 crore by way of subsidy for Q1 June 2017 compared to Rs 307.28 crore in Q1 June 2016 accounted as revenue from operations.

The net under-recovery absorbed by the corporation on sale of sensitive petroleum products is nil in Q1 June 2017 and Q1 June 2016.

BPCL is a state-run oil refining-cum-marketing company. The Government of India held 54.93% stake in BPCL (as per the shareholding pattern as on 30 June 2017).

Powered by Capital Market - Live News

Reliance Power gets credit rating revised
Aug 14,2017

ICRA Ratings has revised its long term ratings on Reliance Powers Rs 6015 Crore Line of Credit to [ICRA] BBB (pronounced ICRA triple B) and the short-term rating to [ICRA] A2 (pronounced ICRA A two). The Company however disagrees with views of ICRA stating that ICRA has not appropriately factored in the above measures taken by the Company while assigning the rating.

Powered by Capital Market - Live News

Voltamp Transformers advances after good Q1 results
Aug 14,2017

The result was announced on Saturday, 12 August 2017.

Meanwhile, the S&P BSE Sensex was up 223.32 points, or 0.72% at 31,436.91. The S&P BSE Small-Cap index was up 303.36 points, or 2.02% at 15,339.69.

On the BSE, 5,070 shares were traded on the counter so far as against the average daily volumes of 4,660 shares in the past one quarter. The stock had hit a high of Rs 1,160 and a low of Rs 1,100 so far during the day. The stock had hit a 52-week high of Rs 1,367 on 16 May 2017 and a 52-week low of Rs 751 on 9 November 2016.

The stock had underperformed the market over the past one month till 11 Aug 2017, declining 17.16% compared with the Sensexs 1.68% fall. The scrip had also underperformed the market over the past one quarter declining 12% as against the Sensexs 3.18% rise. The scrip had, however, outperformed the market over the past one year advancing 31.05% as against the Sensexs 12.04% rise.

The small-cap company has equity capital of Rs 10.12 crore. Face value per share is Rs 10.

Voltamp Transformers is engaged in the manufacturing of electrical transformers. The companys products include oil filled transformers, cast resin transformers, unitised sub-station, induction furnace transformers and lighting transformers.

Powered by Capital Market - Live News

Savings Bank Rate Cut - HFCs to Face More Competition in Mid-to-Large Ticket Housing Segment
Aug 14,2017

India Ratings and Research (Ind-Ra) expects housing finance companies (HFCs) to face intense competition in the mid-to-large ticket housing (above INR3 million) segment, if banks were to reprice (downward) marginal cost of lending rate, following rate cut for savings deposits. HFCs would have limited manoeuvrability, considering limited weak tailwinds in terms of bond yields.

Also, HFCs might find it challenging to expand their portfolio in the large ticket housing segment amid increasing prepayment rates on account of portfolio transfers. The agency believes HFCs will face a margin contraction in this segment, limiting the spreads to absorb all the costs, while trying to generate reasonable returns. Ind-Ra estimates about one-fifth of the total HFCs portfolio to be of ticket size higher than INR5 million.

The current spread between State Bank of Indias (IND AAA/Stable) MCLR rate and a five-year AAA yield curve rate is 74bp (on 10 August 2017 as per Bloomberg). This will contract as the rating of the borrower goes down the curve. According to Ind-Ras sensitivity analysis, MCLR can face downward revision up to 35bp for some of public sector banks (25bp for private sector banks).

Ind-Ra believes the increased pressure on the large ticket housing portfolio together with increasing opportunity in the small ticket housing space will increase HFCs focus towards financing small ticket housing loans. This space is characterised by limited competition from banks and hence offers reasonable risk adjusted returns.

Powered by Capital Market - Live News

Ganesha Ecosphere approves raising of funds
Aug 14,2017

The Board of Directors of Ganesha Ecosphere have approved the raising of funds by way of issue of Equity Shares including Convertible Bonds/ Debentures through Qualified Institutional Placement (QIP) and/ or Depository Receipts and / or bank borrowings and/ or any other modes for an amount not exceeding Rs. 250.00 Crore, subject to approval of members of the Company.

Powered by Capital Market - Live News

Bank of Baroda declines after posting dismal Q1 results
Aug 14,2017

The announcement was made after market hours on Friday, 11 August 2017.

Meanwhile, the S&P Sensex was up 224.25 points or 0.72% at 31,438.40.

On the BSE, 4.49 lakh shares were traded on the counter so far as against the average daily volumes of 11.18 lakh shares in the past one quarter. The stock had hit a high of Rs 143.05 and a low of Rs 139.60 so far during the day. The stock had hit a 52-week high of Rs 202.45 on 5 May 2017 and a 52-week low of Rs 136 on 9 November 2016.

The stock had underperformed the market over the past one month till 11 August 2017, dropping 12.28% compared with the Sensexs 1.68% decline. The stock had also underperformed the market over the past one quarter, declining 24.14% as against the Sensexs 3.18% rise. The scrip had also underperformed the market over the past one year, shedding 2.33% as against the Sensexs 12.04% rise.

The large-cap public sector bank has equity capital of Rs 460.83 crore. Face value per share is Rs 2.

The banks gross non-performing assets (NPAs) rose to Rs 46172.77 crore as on 30 June 2017 as against Rs 42718.70 crore as on 31 March 2017 and Rs 42991.68 crore as on 30 June 2016.

The ratio of gross NPAs to gross advances rose to 11.4% as on 30 June 2017 as against 10.46% as on 31 March 2017 and 11.15% as on 30 June 2016.

The ratio of net NPAs to net advances rose to 5.17% as on 30 June 2017 as against 4.72% as on 31 March 2017 and 5.73% as on 30 June 2016.

The banks provisions and contingencies rose 18.16% to Rs 2368.05 crore in Q1 June 2017 over Q1 June 2016. The Provision Coverage Ratio (PCR) stood at 66.28% as at 30 June 2017.

Separately, Bank of Baroda said that it allotted 8,500 Basel III compliant unsecured, perpetual bonds carrying coupon of 8.65% and face value of Rs 10 lakh each worth Rs 850 crore to ten allottees on 11 August 2017.

The bank said that Ramesh Gopalaratnam has been assigned the position of Chief Financial Officer of the bank from 14 August 2017.

Government of India holds 59.24% stake in Bank of Baroda as per the shareholding pattern as on 30 June 2017.

Powered by Capital Market - Live News

Rain Industries fixes record date for Interim Dividend
Aug 14,2017

Rain Industries has fixed 24th August 2017 as the record date for the purpose of payment of interim dividend.

Powered by Capital Market - Live News

Inertia Steel to convene AGM
Aug 14,2017

Inertia Steel announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

Powered by Capital Market - Live News

Kreon Finnancial Services to hold AGM
Aug 14,2017

Kreon Finnancial Services announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

Powered by Capital Market - Live News