My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Sep 14,2016

Net profit of Future Enterprises rose 615.37% to Rs 315.48 crore in the quarter ended June 2016 as against Rs 44.10 crore during the previous quarter ended June 2015. Sales declined 67.64% to Rs 921.19 crore in the quarter ended June 2016 as against Rs 2846.84 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales921.192846.84-68
OPM %24.969.91-
PBDT295.07184.1360
PBT142.3249.92185
NP315.4844.10615

Powered by Capital Market - Live News

Board of IDBI Bank approves in-principle divestment of non-core investments
Feb 21,2017

IDBI Bank announced that the Board of Directors of the Bank at its Meeting held on 21 February 2017 has approved in-principle, the proposal to divest some of its non-core investments subject to compliance with all applicable laws and regulations and subject to final approval to be obtained for each transaction by Delegated Authority.

Powered by Capital Market - Live News

Board of IDBI Bank approves in-principle proposal for divestment of non-core investments
Feb 21,2017

IDBI Bank announced that the Board of Directors of the Bank at its Meeting held on 21 February 2017 has approved in-principle, the proposal to divest some of its non-core investments subject to compliance with all applicable laws and regulations and subject to final approval to be obtained for each transaction by Delegated Authority.

Powered by Capital Market - Live News

JSPL spurts over 15% in two sessions
Feb 21,2017

Meanwhile, the BSE Sensex was almost flat at 28,661.85.

On the BSE, so far 64.46 lakh shares were traded in the counter, compared with average daily volumes of 15.34 lakh shares in the past one quarter. The stock hit a high of Rs 110.20 so far during the day, which is also a 52-week high for the counter. The stock hit a low of Rs 101 so far during the day. The stock hit a 52-week low of Rs 51.80 on 29 February 2016.

The mid-cap company has equity capital of Rs 91.50 crore. Face value per share is Re 1.

Shares of Jindal Steel and Power (JSPL) spurted 7.80% to settle at Rs 100.20 yesterday, 20 February 2017, on reports a domestic brokerage has upgraded its rating on the stock to buy from sell and also revised target price upward to Rs 125 from Rs 60 earlier.

The stock has risen 15.70% in two sessions from its close of Rs 92.95 on 17 February 2017.

According to reports, the brokerage house said JSPLs steel operations can engineer a financial turnaround over next 1-2 years by commissioning of 3.2 million tonne per annum blast furnace at Angul operations. Steady margins from improved steel markets can deliver strong earnings growth over the financial year ending March 2018-2019. It added that improvement in power earnings is contingent on better demand. Cash flows and debt serviceability can improve materially starting second half of financial year 2017-18, according to the research firm.

Meanwhile, yesterday, 20 February 2017, a media report suggested that JSPL will commission the blast furnace at its greenfield Odisha plant next month, three years after a Supreme Court order striking down a linked coal mine had stalled the progress of the estimated Rs 35,000-crore project. The move is part of JSPLs strategy to sweat its existing assets and reduce debt in the next few years. The sale of noncore assets is key to raising finances that would help the company retire debt. Out of total debt of Rs 45,600 crore, JSPLs standalone debt is Rs 22,500 crore, while Jindal Power has loans of Rs 8,500 crore on its balance sheet. Additionally, JSPLs global ventures have Rs 14,200 crore to repay, report added.

Reacting to this media report, JSPL clarified to the bourses after market hours yesterday, 20 February 2017, that the company is not aware of any information that has not been announced to the stock exchanges, which could explain the movement in the trading of the companys shares.

On a consolidated basis, JSPL reported net loss of Rs 407.44 crore in Q3 December 2016 as against net loss of Rs 573.48 crore in Q3 December 2015. Net sales rose 28.15% to Rs 5296.80 crore in Q3 December 2016 over Q3 December 2015.

Jindal Steel and Power (JSPL) is one of Indias leading integrated steel manufacturers, significantly present in steel, power generation and Infrastructure segments and catering to a large part of Indias domestic energy and infrastructure requirement.

Powered by Capital Market - Live News

NIIT provides update on its subsidiary - MindChampion Learning Systems
Feb 21,2017

NIITs wholly owned subsidiary, MindChampion Learning Systems (its K-12 school learning initiative), has unveiled Nguru MathPlus - a unique solution designed for fostering mathematical skills using colour, shapes and real-life examples. The program has been designed for students of class 1 to class 8, keeping in mind the guidelines of the National Curriculum Framework (NCF 2005) developed by NCERT.

Powered by Capital Market - Live News

Board of EID Parry (India) recommends dividend
Feb 21,2017

EID Parry (India) announced that the Board of Directors of the Company at its meeting held on 21 February 2017, inter alia, have recommended the dividend of Rs 4 per equity Share (i.e. 400%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Britannia slips amid intraday volatility
Feb 21,2017

Meanwhile, the S&P BSE Sensex was down 12.71 points or 0.04% at 28,648.87.

On the BSE, 6,064 shares were traded on the counter so far as against the average daily volumes of 15,858 shares in the past one quarter. The stock fell as much as 1.09% at the days low of Rs 3,218 so far during the day. The stock rose as much as 0.52% at the days high of Rs 3,270.50 so far during the day.

The stock had hit a record high of Rs 3,575 on 15 September 2016 and a 52-week low of Rs 2,523.15 on 29 March 2016. The stock had underperformed the market over the past one month till 20 February 2017, advancing 5.58% compared with the Sensexs 6.02% rise. The scrip had, however, outperformed the market over the past one quarter, gaining 12.11% as against the Sensexs 9.6% rise.

The large-cap company has equity capital of Rs 24 crore. Face value per share is Rs 2.

With regard to recent media report titled Britannia Regains Taste for Tie-ups, May Bake a JV with Greeces Chipita, Britannia in its clarification to the exchanges said it has signed a non-binding memorandum of understanding (MoU) with Chipita, a Greek company for exploring certain business opportunities.

Britannia said it is in advance stage of discussion with Chipita to finalize definitive agreements inter alia includes joint venture agreement. The company will inform the stock exchange once the partnership is established and agreements are signed, it added. The clarification was issued during market hours today, 21 February 2017.

Britannia Industries consolidated net profit rose 4.6% to Rs 220.49 crore on 5.6% growth in net sales to Rs 2264.78 crore in Q3 December 2016 over Q3 December 2015.

Britannia Industries makes biscuits, bread, rusk, cakes and dairy products like cheese, butter and milk.

Powered by Capital Market - Live News

Faze Three to hold board meeting
Feb 21,2017

Faze Three will hold a meeting of the Board of Directors of the Company on 23 February 2017, to consider Fund raising/ Capital raising through various means including issue of convertible securities and/ or warrants/ debt instruments on Preferential basis to Promoter and/ or Promoter Group of the Company as well as Non-Promoter Group (Investors) as per the provisions of the Companies Act, 2013 and/ or SEBI Regulations wherever applicable.

Powered by Capital Market - Live News

Board of Ambuja Cements recommends final dividend
Feb 21,2017

Ambuja Cements announced that the Board of Directors of the Company at its meeting held on 20 February 2017, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Info Edge (India) to hold board meeting
Feb 21,2017

Info Edge (India) will hold a meeting of the Board of Directors of the Company on 25 February 2017, to consider and declare the 2nd Interim Dividend for the Financial Year 2016-17.

Powered by Capital Market - Live News

Quantum Digital Vision India to hold board meeting
Feb 21,2017

Quantum Digital Vision India will hold a meeting of the Board of Directors of the Company on 28 February 2017, to Change in place of Registered office from one State to another under section 12 of the Companies Act, 2013.

Powered by Capital Market - Live News

CMI to hold EGM
Feb 21,2017

CMI announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 March 2017.

Powered by Capital Market - Live News

IFGL Refractories to hold EGM
Feb 21,2017

IFGL Refractories announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 April 2017.

Powered by Capital Market - Live News

Subex partners with Swan Mobile, a.s.
Feb 21,2017

Subex announced that it has been selected to provide its ROC Fraud Management Solution by Swan Mobile, a.s. As part of the implementation, Subexs ROC Fraud Management will cover Voice, SMS and mobile data services for pre-paid and post paid subscribers of Swan Mobile, a.s.

Powered by Capital Market - Live News

Vice President Hamid Ansari launches India - Rwanda Innovation Growth Program during his visit to Africa
Feb 21,2017

Vice President of India, Shri Hamid Ansari, launched the India- Rwanda Innovation Growth Programme as one of the major Science and Technology initiatives between India and Rwanda. The Program was launched in presence of the Prime Minister of Rwanda, Anastase Murekezi and is a key announcement made during the high level visit of the Indian Vice President.

India-Rwanda Innovation Growth Program is a first of its kind initiative to be launched and piloted between India and Rwanda to strengthen the bilateral relationship purely based on Science, Technology and Innovation. The objective of the Program is to match the socio-economic needs of Rwanda by linking the Rwandan industry with leading edge Indian technologies and innovations. The Program will deploy 20 demonstrated and validated Indian technologies and innovations over a period of two years. The joint programs/ventures created with Rwandan partners will deliver at least 20 sustainable social enterprises that will stimulate economic impact development in Rwanda.

As a prelude to the Program, fifteen Indian techno-entrepreneurs also showcased their innovative solutions at the prestigious Kigali Convention Centre, Kigali. The Showcase and Business to Business interaction were inaugurated by the Vice President of India and the Prime Minister of Rwanda. More than 100 interested private and public sector attendees from Rwanda attended and interacted with Indian innovators and business delegates. The showcased Indian Innovations included CassavaTech, a patented technology that brings down capital cost of processing Cassava from USD 15,000 to USD 200 and reduces operating cost from USD 20 to USD 2 for 200 kg processing capacity. The technology further reduces drying time for Cassava from 10 days to 10 hours producing high quality Cassava flour. Another technology showcased was a ~100% compostable menstrual hygiene solution providing affordable pads to adolescent girls and women. This is done using a unique low cost, low electricity consuming machine that produces 1200-2400pads/8-10 hrs through community participation from 12-16 women (no specific skills required) as production workforce.

The India-Rwanda Innovation Growth Program is a joint initiative of the Department of Science and Technology and the Federation of Indian Chambers of Commerce and Industry supported by the Ministry of External Affairs, Government of India.

Shri Hamid Ansari, Vice President of India stated n++I am happy to learn of the initiative jointly taken by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Ministry of Science and Technology for organizing the India-Rwanda Innovation Growth Program and a Technology & Innovation Showcase at Kigali. Science and Technology are powerful drivers of growth and development all over the world. The solution of our myriad problems lies in a deeper understanding of science and more judicious use of technology. I am sure the joint programs/ventures foreseen with Rwandan partners will play an important role in fostering sustainable development and progress in both the countries.n++

Dr. Harsh Vardhan, Minister of Science and Technology stated n++Indio-Rwanda joint initiative in field of Science and Technology and its commercial exploration is indeed a welcome step and goes a long way in further cementing Indio-Africa relationship. Visit of Prime Minister Shri Narendra Modi to Africa and India hosting 40 head of states/government during indo-Africa Forum Summit III speaks of our mutual desire for engagement in diversified fields for benefit of people of two region. I wish this initiative will go a long way in establishing everlasting mutually beneficial partnership leading to inclusive growth of people of two region.n++

Prof. Ashutosh Sharma, Secretary, Department of Science & Technology shared n++We are proud to carry forward the vision and announcement of our Honble Prime Minister, Shri Narendra Modi, to share our validated technologies and innovations with Rwanda soon to start India - Rwanda Innovation Growth Program. This Program has been conceived to bridge Rwandas assessed needs for impact development by bringing together Rwandan entrepreneurs and public sector with Indian innovators. India is proud to partner with Rwanda in this first pilot to establish a technology transfer and enterprise creation which can then be replicated in East African nations and across the African continentn++.

On the launch of the program, Dr. A. Didar Singh, Secretary General, FICCI said n++India and Africa share a common historical background and have been long term partners in their journey of growth and development. FICCI has been working with the Department of Science and Technology over the last decade to identify, nurture and scale innovative solutions that address global development challenges. We now look forward to sharing and transferring such technological solutions to our friends in Africa and deeply engage with the entrepreneurial fraternity in Africa.n++

Powered by Capital Market - Live News

Indian Metals & Ferro Alloys provides operations update
Feb 21,2017

Indian Metals & Ferro Alloys announced that Turbine No.1 was synchronised with the grid on 20 February 2017 after damage to peripheral areas was repaired and other necessary maintenance carried out. The Turbine No.2 had already been revived shortly after the incident itself.

Powered by Capital Market - Live News