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

Council of Scientific & Industrial Research (CSIR) signs Agreement with the Metal Industries Development Institute (MIDI), Ethiopia
Jun 12,2017

Keeping in line with Prime Minister Modis stress on stronger and long-term cooperation between African countries and India for mutual benefits in the areas of agriculture, women empowerment, rural development, infrastructure etc., while addressing the annual meeting of African Development Bank at Gujarat recently, the Council of Scientific and Industrial Research (CSIR) has entered into an agreement with the Metal Industries Development Institute (MIDI), Ethiopia to implement a twinning programme. The same is aimed at R&D capacity building of MIDI. CSIR has clinched this multi-million US dollar assignment through a process where many international organisations were considered. The twinning is one of the largest programs (in terms of contractual amount) between a CSIR institute and a foreign entity. It should also facilitate CSIRs future collaborations with African Organizations.

Dr. Girish Sahni on the occasion said that the knowledgebase of CSIR in the identified areas could be of immense importance for leveraging the technology capacity of African countries. He invited the industry to join hands with CSIR and its counterparts in respective African countries to deploy the technology for benefitting the masses in the region.

The agreement was signed by the Director of National Metallurgical Laboratory, Jamshedpur (CSIR-NML) on behalf of the participating CSIR Laboratories, and the Director General of Metals Industry Development Institute (MIDI), Addis Ababa, Ethiopia. CSIR will enhance the capacity and capability of MIDI under the twinning arrangement and thereby enable it to contribute more efficiently towards the development of Metals and Engineering sectors in Ethiopia and thus enhance their competitiveness. The MIDI will be positioned to emerge as a globally competitive center of excellence in the field of Metals and Engineering, through the twinning programme.

Powered by Capital Market - Live News

Chandni Textiles Engineering Industries undertakes expansion of manufacturing capacity
Jun 12,2017

Chandni Textiles Engineering Industries announced that the Company is expanding its capacity to manufacture Plastic Moulded Fruit & Vegetable crates from the present average of 7.50 lakh crates per annum to average 22.50 lakh crates per annum.

For this, the Company has placed order for 2 injection moulding machines of 580 ton capacity each and has also paid advance to the machinery manufacturer and expects the delivery of the machines shortly.

Powered by Capital Market - Live News

Outcome of board meeting of Prism Medico & Pharmacy
Jun 12,2017

Prism Medico & Pharmacy announced that the Board of Directors of the company at its meeting held on 12 June 2017 has approved the resignation of Uma Pareek from post of Independent Director of the Company. The Board also approved the change in registered office from State of Maharashtra to the State of Punjab and to change the main objects of the Company.

Powered by Capital Market - Live News

ITI contributes for ISRO GSLV MkIII launch
Jun 12,2017

ITI contributed to the manufacturing of electronic assembly for ISROs GSLV MkIII, one of the prestigious missions of ISRO launched on 05 June 2017 to take a giant leap for India as a global space power.

The electronic packages fabricated at ITI Palakkad were successfully flown in the GSLV MkIII. The packages of 12 nos. of Data Processing Units (DPU) V3L and 22 nos. of Remote Mount Safe Arm (RMSA) were used in the manufacturing of Indias first development flight.

Powered by Capital Market - Live News

Siti Networks slips on profit taking
Jun 12,2017

Meanwhile, the S&P BSE Sensex was down 190.81 points or 0.61% at 31,071.25. The S&P BSE Small-Cap index declined 72.29 points or 0.46% at 15,476.88.

On the BSE, 48,000 shares were traded on the counter so far as against the average daily volumes of 11.47 lakh shares in the past one quarter. The stock had hit a high of Rs 30.60 and a low of Rs 29.80 so far during the day. The stock had hit a 52-week high of Rs 41.35 on 20 December 2016 and a 52-week low of Rs 26.15 on 7 June 2017.

The stock had underperformed the market over the past one month till 9 June 2017, sliding 3.74% compared with the Sensexs 4.44% rise. The stock had also underperformed the market over the past one quarter, declining 17.73% as against the Sensexs 8.06% rise. The scrip had also underperformed the market over the past one year, declining 18.17% as against the Sensexs 16.81% rise.

The small-cap company has equity capital of Rs 87.21 crore. Face value per share is Rs 1.

Shares of Siti Networks had rallied 15.11% in the preceding three trading sessions to settle at Rs 30.85 on Friday, 9 June 2017, from its closing of Rs 26.80 on 6 June 2017.

Among recent developments, promoter entity Essel International offloaded 1.70 crore shares of Siti Networks to another promoter entity Digital Satellite Holdings at Rs 28.35 per share in a bulk deal on the BSE on Friday, 9 June 2017.

Essel International held 5.39% and Digital Satellite Holdings owned 8.18% stake in Siti Networks end March 2017.

On a consolidated basis, Siti Networks reported net loss of Rs 64.92 crore in Q4 March 2017, higher than net loss of Rs 1.47 crore in Q4 March 2016. Net sales fell 4% to Rs 325.52 crore in Q4 March 2017 over Q4 March 2016.

Siti Networks is one of Indias largest multi system operators (MSO). The company provides its cable services in Indias 250 plus cities and the adjoining areas.

Powered by Capital Market - Live News

Prakash Industries secures additional coal linkages for captive power plant
Jun 12,2017

Prakash Industries announced that in the recent coal linkage auction conducted by Coal India for captive power plant sector, the Company has secured additional coal linkages of a total quantity of 5.43 lakh tonnes per annum for the next 5 years. The Company is going to sign the Fuel Supply Agreement in the coming weeks and expects the supplies to commence next month.

Powered by Capital Market - Live News

Zicom Electronic spurts on bargain hunting
Jun 12,2017

Meanwhile, the S&P BSE Sensex was down 192.75 points, or 0.62% to 31,069.31.

On the BSE, 2.02 lakh shares were traded in the counter so far, compared with average daily volumes of 35,427 shares in the past one quarter. The stock had hit a high of Rs 32.85 and a low of Rs 27 so far during the day. The stock hit a 52-week high of Rs 52.60 on 31 August 2016. The stock hit a 52-week low of Rs 23.10 on 1 June 2017.

The stock had underperformed the market over the past one month till 9 June 2017, falling 26.44% compared with 3.34% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 30.19% as against Sensexs 8% rise. The scrip had also underperformed the market in past one year, falling 41.83% as against Sensexs 17.37% rise.

The small-cap company has equity capital of Rs 41.22 crore. Face value per share is Rs 10.

Shares of Zicom Electronic Security Systems fell 17.35% in five trading sessions to settle at Rs 27.40 on Friday, 9 June 2017, from its close of Rs 33.15 on 2 June 2017.

On a consolidated basis, Zicom Electronic Security Systems reported net loss of Rs 191.34 crore in Q4 March 2017 as against net loss of Rs 42.61 crore in Q4 March 2016. Net sales declined 70.10% to Rs 77.61 crore in Q4 March 2017 over Q4 March 2016.

Zicom Electronic Security Systems makes security surveillance products like CCTV surveillance system, access control system, fire alarm system, multi-apartment video door phones, video door phones, intruder alarm system, fingerprint locks, and Remote Managed Services (RAM).

Powered by Capital Market - Live News

ASSOCHAMs six point growth agenda for State - Study
Jun 12,2017

Apex industry body ASSOCHAM has submitted a six-point innovative five-year-development agenda to the Chief Minister Uttar Pradesh Yogi Adityanath to serve as a quick guide to the areas needing interventions to help new government focuses its energies for growth of the state.

The Action Agenda was jointly prepared by ASSOCHAM and Thought Arbitrage Research Institute (TARI).

The study has recommended a slew of measures for making Uttar Pradesh a vibrant economy with a focus on skill development, agriculture, horticulture, handicraft, handloom, leather and leather products.

Suggesting an economic road map for the next five years to the Yogi Adityanath Government, the study noted that the net migration of people in the age-group of 20-29 years was found to be 58,34,000 between 2001-11 up from 29,55,000 in 1991-2001. The net migration is more than double that of the next state in the pan-India list - Bihar. Besides, it is not always that only illiterate and labour class migrate; often highly skilled talents are also lost to migration.

Monitoring and management centres of the State Skill Development Mission should be set up at district level. Focus of skilling programme should be on high growth areas such as agriculture, building and constructions, handloom and handicraft, food processing, healthcare, leather and unorganised sector - beauty culture, security guards, facility management etc, adds the paper.

District-specific policies for skilling and livelihood generation in migration-hit regions should be formulated. Focus of skilling should be on trades in which they gain employment outside the state construction, (ii) organised retail, (iii)transportation (drivers) to help them gain competitive advantage, highlighted the study.

Economic growth of Uttar Pradesh is critical for India since it is the most populous state as well as home to the most number of poor - 17% of the total population and 22% of the total poor (Census 2011). An economically stronger Uttar Pradesh with its huge market can be an engine of growth for rest of the country.

The states economic growth (GSDP) has been, for most of the time in the past decade, lower than the national average. This lower growth has been accompanied with a higher population growth. Its decadal growth in population between 1991 and 2001 was 25.8%, as against the national average of 21.3% and that between 2001 and 2011, it was 20.9% against the national average of 17.64%, noted the study.

If we look at the sectoral composition of GSDP, it is the services sector which drives the growth and contributes about 60% to the total income. This is followed by agriculture and allied activities, contributing more than 20%. The industries contribute the least, reflecting poor industrial activities in the state.

There is, therefore, a need to rework the states strategies towards improving public investment and encourage private participation in agriculture and allied activities. Not only is there need to catch up with the higher productivity level of Punjab, Haryana, Maharashtra and Tamil Nadu in food grains by providing improved seeds, training farmers to adopt modern and scientific practices, but there is also a need to pay attention to neglected crops like sugar, maize, groundnut, fruits and vegetables in terms of availability of improved seeds and marketing facilities. Promoting bio-technology and genetic engineering could help. Since farming is rain-dependent, the priority should be to develop community-based surface water irrigation.

The states industrial sector is driven by the small and medium scale industries - contributing about 60% of total manufacturing output and significant employment (about 60 lakhs). The states strategy of setting up industrial clusters has produced rich dividend and should be continued. However, poor marketing linkages and skill level are lingering concerns which needs to be addressed. Common skilling centres for a group of product cluster in modern design, production management, sales and marketing, inventory management and soft skills would help.

The state should also focus on the development of integrated industrial towns (NIMZs) in Auraiya and Jhansi,setting up of Dadri-Noida-Ghaziabad Investment Region, IT Investment Region (ITIR) along Agra-Lucknow expressway and mega food park in Jagdishpur - all are either proposed or cleared. More such projects could be taken up.

Finance is a major concern, especially for SSIs and MSMEs, since long term loans are not available in the existing financing channels. There is a need to revive the erstwhile state industrial development corporations. FDI inflows have been meagre, in comparison to states like Maharashtra, Haryana, Karnataka and Gujarat. It is important that the state studies the FDI policies of those states and tweaks its own policies accordingly and take steps to improve ease of doing business to attract more investment.

The services sector has been doing well and driving the states growth but there is a greater potential to grow, especially in education and health services, given the poor state of affairs in these areas. The budget allocations need to at least double to catch up with the rest of India in terms of coverage. Low literacy base, high drop out of students, poor student-teacher ratio and lack of adequate higher education institutions should be addressed by roping in private and voluntary sectors.

Tourism is another area in which growth prospects are high but require significant investments. Encouraging private sector to build hotels, recreation facilities and development of civic facilities in existing tourist destinations and developing new tourist centres to attract tourists to religious and historical places and wildlife sanctuaries/parks could pay rich dividend.

Infrastructure has emerged as a major constraint for growth. The states power shortage was highest in India in 2015-16 (12.5%). The per capita consumption of power is nearly half the national average. The state needs to revisit its 2009 energy policy to bring greater participation of the private sector, improve transmission and distribution through modernisation and cut in AT&C loss (about 50%). Efforts should also be made to complete the ongoing projects since about 68% of all power sector investment are under implementation stage.

Powered by Capital Market - Live News

Videocon Industries leads losers in BSEs A group
Jun 12,2017

Videocon Industries declined 4.9% at Rs 27.15 at 13:35 IST. The stock topped the losers in A group. On the BSE, 1.08 lakh shares were traded on the counter so far as against the average daily volumes of 33,000 shares in the past two weeks.

Bharat Financial Inclusion fell 4.17% at Rs 700.85. The stock was the second biggest loser in A group. On the BSE, 2.69 lakh shares were traded on the counter so far as against the average daily volumes of 1.71 lakh shares in the past two weeks.

Tata Communications skid 3.59% at Rs 739. The stock was the third biggest loser in A group. On the BSE, 98,000 shares were traded on the counter so far as against the average daily volumes of 1.67 lakh shares in the past two weeks.

Natco Pharma was down 3.57% at Rs 1,034.05. The stock was the fourth biggest loser in A group. On the BSE, 30,000 shares were traded on the counter so far as against the average daily volumes of 51,000 shares in the past two weeks.

Union Bank of India lost 3.35% at Rs 153.10. The stock was the fifth biggest loser in A group. On the BSE, 2.86 lakh shares were traded on the counter so far as against the average daily volumes of 4.33 lakh shares in the past two weeks.

Powered by Capital Market - Live News

Strides Shasun allots 50,000 equity shares
Jun 12,2017

Strides Shasun has allotted 50,000 equity shares under ESOP on 10 June 2017. With this allotment, the paid up equity share capital has increased to Rs 89.47 crore consisting of 89,473,006 equity shares of Rs 10 each.

Powered by Capital Market - Live News

Technoject Consultants announces change in company secretary and CFO
Jun 12,2017

Technoject Consultants has appointed Chandukumar Parmar as Company Secretary and CFO with effect from 12 June 2017 in place of Hardik Shah who resigned on 09 June 2017.

Powered by Capital Market - Live News

Punjab should invite top global universities, focus on food processing, industrial hubs, says ASSOCHAM in presentation to CM
Jun 12,2017

Offering itself to be a Value Partner in the development of Punjab, ASSOCHAM suggested to the Chief Minister Captain Amarinder Singh that tens of thousands of students, boys and girls migrating abroad for quality higher education can be provided the top global standards of learning here, if well known foreign universities, particularly from the US, Canada and UK are roped in to set up their campuses in India.

n++We have suggested that since not all students aspiring for quality education can afford to go abroad and there are limited number of A-grade institutions within the country and the state, Punjab should take a lead and collaborate with some top foreign universities, preferably from the Canada, UK and the US,n++ ASSOCHAM president Mr Sandeep Jajodia said after his meeting with Captain Amarinder Singh along with chambers secretary general, Mr D S Rawat, Chairmen of ASSOCHAM Regional Council Mr. A S Mittal and ASSOCHAM Punjab State Committee, Mr. Suneet Kochhar here today.

n++We should allow them to set up full-fledged campuses here, which would mean that the best of education can be imparted within the country at one-third or one-fourth of the cost which is spent by the aspiring students,n++ he said.

n++Though the policy parameters for opening doors for foreign universities largely fall within the purview of the Centre, states like Punjab can take a lead in working with the Union Government to bring the best of the foreign universities within the country,n++ added Mr Jajodia.

n++The favourite destinations for students and young professionals are Canada, the USA, UK and other European countries. While, the state surely gets remittances, those choosing to stay within the country and the state are bereft of adequate opportunities in upgrading their skills, education and gainful employment,n++ he said further.

Supplementing the point, ASSOCHAM secretary general, Mr Rawat said, n++Quality education would open up several opportunities and lead to industries, especially those in high-end manufacturing, agro-industries, food processing, information technology, health services, financial services to invest in Punjab.n++

The ASSOCHAM chief said there are several other areas which give distinctive advantage to Punjab and in all these areas, the small and medium enterprises (SMEs) can be roped in to be part of the overall supply chain, rather than operate in isolated manner.

For instance, the organised retail need not always be big time hyper stores; the neighbourhood kirana shops can become part of a well-integrated supply chain with the help of modern IT applications. Likewise, SME traders and manufacturers of textiles in Ludhiana need to remodel their businesses with the help of the state government and policy support of the Centre, in terms of becoming more cost competitive and quality-oriented.

n++If gainfully utilised, the biggest resource for Punjab is its youth who need employment outside agriculture into different sectors viz., industry, trade, health, education, transportation, food processing, dairy products and tourism. All these sectors need a re-look and infrastructure support along with friendly policy environment,n++ Mr Jajodia said.

Sectors like food processing and dairy products would be transformational for the farmers and entire rural landscape. Besides cooperatives, the private sector entrepreneurs should be involved in the value-additions in the entire agri-chain. n++Here, there are some examples to be replicated by the successful NRIs (Non-Resident Indians) who can be roped in to look back and handhold the budding entrepreneurs.n++

n++The traditional industrial hubs like Jallandhar should be given a lift-up with liberal infrastructure support, particularly for SMEs. These cities can be catalysts again for re-invigorating the industrial development while cities like Patiala should reach out to top notch foreign universities. While the policy has to be dealt largely with the Central Government, Captain Saheb can take up the issue with New Delhi and get the policy re-aligned. In the process, not only Punjab but other states would also gain,n++ said the ASSOCHAM president.

When it comes to the states agricultural economy, water management is key. It appears to be a somewhat paradox that while Punjab is considered to be a land of rivers, its dependence on groundwater has been rather excessive, leaving the negative fall-outs like toxicity. The state should work closely with the Centre and work out some large irrigation and water management projects which can help both the hinterland as also cities for the drinking water.

On tourism, while religious tourism is on top the chart, with Punjab being the land of the revered Gurus and the holiest Golden Temple, the state can become a major centre of other opportunities like conferences, conventions including those from the government agencies and India Inc.

Cities like Amritsar, Ludhiana, Jallandhar, Mohali should be promoted for organising meetings, conferences by the private sector companies. ASSOCHAM would like to work with the state government in this regard.

Mr Jajodia said ASSOCHAM would be happy to partner with the Punjab Government to hold Invest in Punjab events supported by expositions in different sectors.

Powered by Capital Market - Live News

India Cements allots 9,73,544 equity shares
Jun 12,2017

India Cements announced that pursuant to the scheme of amalgamation, the Committee of Board of Directors of the Company at its meeting held on 12 June 2017 has allotted 9,73,544 equity shares of Rs 10 each of the Company to the shareholders of Trinetra Cement and Trishul Concrete Products whose names appeared in the Register of Members as on the record date of 9 June 2017. With this allotment, the paid up equity share capital has gone up to Rs 308.15 crore from Rs 307.18 crore.

Powered by Capital Market - Live News

HCL Technologies achieves Amazon Web Services Storage Competency status
Jun 12,2017

HCL Technologies announced that it has achieved Amazon Web Services (AWS) Storage Competency status. This designation recognises that HCL provides design, implementation and management services to help customers successfully achieve their storage goals on AWS.

Powered by Capital Market - Live News

Gulf Oil advances as Morgan Stanley hikes stake
Jun 12,2017

Meanwhile, the S&P BSE Sensex was down 145.38 points or 0.47% at 31,116.68. The S&P BSE Mid-Cap index declined 51.88 points or 0.35% at 14,823.48.

On the BSE, 2,280 shares were traded on the counter so far as against the average daily volumes of 26,654 shares in the past one quarter. The stock had hit a high of Rs 832.95 so far during the day, which is a record high. The stock hit a low of Rs 811 so far during the day. The stock had hit a 52-week low of Rs 511 on 24 June 2016.

The stock had outperformed the market over the past one month till 9 June 2017, advancing 4.71% compared with the Sensexs 4.44% rise. The stock had also outperformed the market over the past one quarter, gaining 17.84% as against the Sensexs 8.06% rise. The scrip had also outperformed the market over the past one year, gaining 50.84% as against the Sensexs 16.81% rise.

The mid-cap company has equity capital of Rs 9.93 crore. Face value per share is Rs 2.

Morgan Stanley Investment Funds Indian Equity Fund bought 8.78 lakh shares of Gulf Oil Lubricants India from Local Government Superannuation Scheme at Rs 810 per share in a bulk deal on the BSE on Friday, 9 June 2017.

Morgan Stanley Investment Holding Company held 1.77% stake in Gulf Oil Lubricants India as per the shareholding pattern as on 31 March 2017.

Gulf Oil Lubricants Indias net profit rose 6.9% to Rs 32.10 crore on 10.2% growth in net sales to Rs 298.94 crore in Q4 March 2017 over Q4 March 2016.

Gulf Oil Lubricants India makes automotive and industrial lubricants, greases and 2-wheeler batteries. The company markets lubricants under the Gulf brand.

Powered by Capital Market - Live News