My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
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

Escorts Finance to announce September quarter and half year results
Nov 15,2016

Escorts Finance announced that a meeting of the Board of Directors of the Company is scheduled to be held on 24 November 2016, inter-alia, to consider, approve and take on record the Unaudited Financial Results (Standalone) of the Company for the quarter and half year ended September 30, 2016. The financial results shall be subject to limited review by the Statutory Auditors of the Company.

Powered by Capital Market - Live News

Board of Hindustan Petroleum Corporation approves issue of bonds up to Rs 6000 crore
Nov 15,2016

Hindustan Petroleum Corporation announced that the Board of Directors in its meeting held on 15 November 2016 have approved the proposal for issue of secured/unsecured Redeemable non-convertible bonds/debentures(Bonds) of face value aggregating up to Rs. 6,000 crore (from domestic as well as overseas market), subject to the approval of Shareholders.

Powered by Capital Market - Live News

Suzlon Energy provides update on subsidairy
Nov 15,2016

Suzlon Energy announced that CARE has upgraded the investment grade credit rating of SE Forge, its wholly owned subsidiary, to BBB from an earlier BBB-.

Long term bank facilities (rupee term loans and fund based working capital) Rs 339.35 crore - CARE BBB

Short term bank facilities (Non-fund based working capita) Rs 96 crore - CARE A3+

Powered by Capital Market - Live News

Moodys: Outlook for the global airline industry changed to stable from positive
Nov 15,2016

The outlook for the global airline industry has been changed to stable from positive, Moodys Investors Service says in a new report. Airlines operating margins and operating profits are expected to decline in the coming 12 to 18 months, as capacity continues to outstrip demand.

Capacity will continue to grow a bit more than passenger demand over the next year or so, said Moodys analyst, Jonathan Root. As a result, both the aggregate operating margin and operating profit of Moodys-rated airlines will drop to ranges that are within our range for a stable, rather than a positive, industry outlook.

Aggregate operating margin is expected to fall to 9.4% in 2017 from a projected 10.8% this year, while operating profit will contract by about 11% in 2017, against a projected 1.2% contraction this year, Root says in Global Airline Industry-Changing Outlook to Stable; Operating Margin to Decline Below 10%. Moodys estimates that global capacity will grow between 5.5% and 6.5% next year, against 6.1% growth during the first nine months of this year, spurred by the still-low cost of fuel and increased deliveries of new aircraft that need to be placed in service, primarily by airlines in developing markets.

Meanwhile, growth in passenger demand will slow modestly next year due to lackluster global economic expansion, as well as geopolitical uncertainties and the effect of the threat of terrorism on Asian demand for long-haul travel, particularly to Europe. The strong US dollar, excess capacity growth and competing business models will continue to pressure yields until more players reduce capacity or limit growth, Moodys says. Demand will expand between 5.2% and 6.2% over the next 12 to 18 months, against 5.9% in the first nine months of this year.

For US airlines, a combination of slightly higher fuel costs and higher labor costs at American Airlines, Delta Air Lines, Southwest Airlines and United Continental Holdings will contribute to a 20% contraction in operating profits over Moodys outlook horizon. Conversely, improving economic activity, along with significant capacity adjustments, will drive a recovery in operating profit for rated Latin American carriers, though volatility in local currencies remains a key risk.

Moodys is now basing its outlook for the global airline industry on its expectations for operating margins and changes in operating profits on a reported basis for rated airlines only, in order to better reflect changes in operating conditions for airlines. Previously, the outlook was based on the rating agencys forecasts for aggregate adjusted operating margin, changes in industry yields and revenue passenger kilometers for all carriers.

Powered by Capital Market - Live News

Board of Suyog Telematics appoints director
Nov 15,2016

The Board of Suyog Telematics approved the appointment of Anand Ganpat Kode as an Additional Independent Director.

Powered by Capital Market - Live News

Kellton Tech ranks 19th on Deloitte Technology Fast 50 India
Nov 15,2016

Kellton Tech Solutions announced that Kellton Tech, a global leader in digital transformation and enterprise solutions, has been ranked 19th on the Deloitte Technology Fast 50 India 2016, a ranking of 50 fastest growing technology companies in India.

The rankings were based on the percentage of growth in fiscal year revenues over three years.

Powered by Capital Market - Live News

Outcome of board meeting of Anil
Nov 15,2016

The Board of Anil has taken note of resignation of Chintan Acharya, CFO and Chandresh Pandya, Company Secretary and Compliance Officer of the Company. The Board also reviewed business activities of the Company.

Powered by Capital Market - Live News

Aurobindo Pharma fixes record date for interim dividend
Nov 15,2016

Aurobindo Pharma has fixed 25 November 2016 as the Record Date for the purpose of Interim Dividend for the year 2016-17. The Interim dividend will be paid on or before 09 December 2016.

Powered by Capital Market - Live News

Polyplex Corporation fixes record date for interim dividend
Nov 15,2016

Polyplex Corporation has fixed 24 November 2016 as the Record Date for the purpose of Payment of Interim Dividend.

Powered by Capital Market - Live News

Vipul fixes record date for interim dividend
Nov 15,2016

Vipul has fixed 24 November 2016 as the Record Date for the purpose of Payment of Interim Dividend. The dividend shall be paid on or after 30 November 2016.

Powered by Capital Market - Live News

Mayur Uniquoters fixes record date for 2nd interim dividend
Nov 15,2016

Mayur Uniquoters has fixed record date of 22 November 2016 for payment of second interim dividend for FY 2016-17, if declared.

Powered by Capital Market - Live News

Board of Mayur Uniquoters declares 2nd interim dividend
Nov 15,2016

The Board of Mayur Uniquoters declared a second interim dividend of 5% or Rs 0.25 per share of Rs 5 each for FY 2016-17.

Powered by Capital Market - Live News

There is a need to address deeper structural issues to ensure that growth revives and is sustainable
Nov 15,2016

Commenting on the September 2016 IIP data, Dr A Didar Singh, Secretary General, FICCI said growth and investments in manufacturing remain an area of concern. While a slew of measures have been taken by the government in the last few months however, there is a need to address deeper structural issues to ensure that growth revives and is sustainable.

The de- growth in key sectors like capital goods, mining, apparels, chemicals and electrical machinery is indeed a cause for concernn++ said Dr Singh, FICCI.

n++The situation demands that the Government should now provide relief to the industry by lowering the interest cost burden and taking sector specific measures to boost growthn++, Dr Singh added.

Powered by Capital Market - Live News

Hindalco Industries hits 52-week high after strong Q2 earnings
Nov 15,2016

The result was announced on Saturday, 12 November 2016. The stock markets were closed on Monday, 14 November 2016, for a public holiday.

Meanwhile, the S&P BSE Sensex was down 375.78 points or 1.4% at 26,443.04

On BSE, so far 12.41 lakh shares were traded in the counter as against average daily volume of 19.92 lakh shares in the past two weeks. The stock hit a high of Rs 180.50 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 173.10 so far during the day. The stock had hit a 52-week low of Rs 58.85 on 12 February 2016.

The large-cap company has equity capital of Rs 206.52 crore. Face value per share is Re 1.

Hindalco Industries said that in aluminium segment, the company delivered robust operational performance in Q2 September 2016 in a challenging macroeconomic environment on the back of efficiency gains and lower input costs. Improved visibility over coal sourcing and cost and major portion of requirement secured through linkages, Hindalco Industries said. In copper segment, copper performance rebounded strongly in Q2 September 2016 post successful completion of planned maintenance shutdown.

Aluminium production increased 19% to 321 KT (Kilo Tonne) in Q2 September 2016 over Q2 September 2015, significant cost efficiencies achieved across the plants. Inputs costs were largely supportive though crude derivative prices hardened sequentially, Hindalco Industries said. Aluminium Value Added Products (FRP and Extrusions) rose 8%, Wire Rod Production increased 36% reflecting the companys focus on power and other growth sectors, Hindalco Industries said. The company delivered highest ever quarterly copper production at 106 KT, after successful planned annual maintenance shutdown. Improved efficiencies helped offset sharp decline in sulphuric acid prices, the company said. Revenues for Q2 September 2016, were broadly stable, as the impact of higher aluminium revenues was largely negated by a sharp decline in copper realisation, it added. Following a notification issued by the Ministry of Coal making applicability of contribution to District Mineral Foundation effective retrospectively from 12 January 2015, a one-time provision of Rs 60 crore has been made during Q2 September 2016 and is included in exceptional items.

Hindalco Industries said that the macroeconomic headwinds still persist and the uncertain global macro factors pose several challenges. The price recovery is vulnerable to imminent Chinese capacity additions and smelter restarts. The high level of imports continue to impact domestic sales volumes. Hindalco remains focussed on operational excellence, higher value addition, customer centricity and cash conservation to tide over these issues, the company said.

Hindalco Industries board of directors approved raising of long term finance by way of public or private offerings through equity or equity-linked instruments on preferential allotment basis through Qualified Institutional Placement, Rights Offer, Global Depository Receipts, American Depository Receipts and Foreign Currency Convertible Bonds of up to Rs 5000 crore.

A part of the Aditya Birla Group, Hindalco Industries is the worlds largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is amongst the largest single location custom smelter globally.

Powered by Capital Market - Live News

Ramco announces Oceania Headquarters in Melbourne
Nov 15,2016

Ramco Systems announced that SeaRoad Holdings, the parent company of SeaRoad Shipping and SeaRoad Logistics has choosen Ramco Logistics Suite. The announcement was made during the launch of Ramcos new office in Melbourne which will also double up to become the Oceanic Headquarters for the Company.

Ramco in Australia has seen a record growth in business since its entry in 2012. As the fastest growing market, Australia contributed 11% to the overall revenue in FY 2016. The strategic thrust placed in targetingtwo key offerings - Global Payroll and Logistics as an Industry vertical - has helped the region yield good results.

Powered by Capital Market - Live News