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 Jindal Stainless approves issue of NCDs up to Rs 600 crore
Apr 27,2017

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 27 April 2017 approved the proposal for issuance of non-convertible debentures by the Company for an aggregate amount of up to Rs 600 crore in one or more tranches on private placement basis subject to approval of shareholders.

Powered by Capital Market - Live News

Prashant India announces resignation of director
Apr 27,2017

Prashant India announced that Poonam N Khandelwal, director of the company resigned from the Board with effect from 26 April 2017.

Powered by Capital Market - Live News

Board of Kokuyo Camlin does not recommend dividend
Apr 27,2017

The Board of Directors of Kokuyo Camlin at its meeting held on 27 April 2017 has not recommended dividend on equity shares.

Powered by Capital Market - Live News

Board of Aries Agro appoints MD
Apr 27,2017

The Board of Directors of Aries Agro at its meeting held on 27 April 2017 approved the appointment of Dr. Rahul Mirchandani as Managing Director of the Company i.e. Aries Agro with effect from 4 April 2017.

Powered by Capital Market - Live News

Cosmo Films launches low noise tape film
Apr 27,2017

Cosmo Films announced the launch of a low noise tape film, used in making of low noise tapes. The BOPP based low noise tape film with a proprietary release surface treatment enables easy releaseand generates low noise on unwinding.

This feature becomes extremely significant in industrial settings where multiple packing lines work in tandem and auto dispensing machinesare installed and packing.

Powered by Capital Market - Live News

Ashok Leyland receives approval order from NCLT for scheme of amalgamation
Apr 27,2017

Ashok Leyland announced that the National Company Law Tribunal (NCLT), Chennai vide their Order dated 24 April 2017, have approved the scheme of Amalgamation of Hinduja Foundries (Transferor) with Ashok Leyland (Transferee), which was received by the Company on 27 April 2017. The Scheme with Appointed Date of 01 October 2016 will be effective upon filing the Certified True Copy of the Order with the Registrar of Companies, Chennai.

Powered by Capital Market - Live News

Board of Banco Products (India) appoints MD
Apr 27,2017

The Board of Directors of Banco Products (India) at its meeting held on 27 April 2017 has appointed Rajendra Anandpara as Additional Director and Managing Director with effect from 27 April 2017.

Powered by Capital Market - Live News

Asian Granito India opens showroom in Panjim, Goa
Apr 27,2017

Asian Granito India has opened a showroom named AGL Universe Showroom in Panjim, Goa. The showroom is spread across an area of 4000 square feet and contains all types of tiles, marbles and quartz.

Powered by Capital Market - Live News

Sun TV Network announces launch of new channel in Kerala
Apr 27,2017

Sun TV Network is launching a new channel in Kerala. The Company is adding Surya Comedy channel which is a full time Malayalam comedy channel to its bouquet of Malayalam channels namely Surya TV, Surya Movies, Surya Music and Kochu TV.

Powered by Capital Market - Live News

Asia Pacific Market: Stocks end mixed
Apr 27,2017

Asia Pacific share market closed mixed on Thursday, 27 April 2017, as investors assessed the scant details of President Donald Trumps U.S. tax overhaul, though sentiment remains supported by global growth prospects, raft of earnings data and receding worries about political risks in Europe. The MSCI Asia Pacific Index was little changed at 149.31 as of 4:49 p.m. in Hong Kong, after rising 2.6% over the previous five sessions to the highest level since June 2015.

U.S. President Donald Trumps tax plan was presented at a White House briefing on Wednesday as a one-page list of bullet points amounting to fewer than 250 words, while leaving out many of the details. Officials said they hoped to slash corporate taxes to 15% from 35% for public corporations and 39.6% for small businesses, and on overseas corporate profits returned to the country. But the one-page plan offered no specifics on how it would be paid for without increasing the deficit.

The Bank of Japan at its Monetary Policy Board outcome on Thursday kept its monetary stimulus unchanged as widely expected on Thursday. The Board decided by an 7-2 majority vote to hold its target of raising the amount of outstanding JGB holdings at an annual pace of about JPY 80 trillion. The bank will purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent. The board also decided to maintain the -0.1% interest rate on current accounts that financial institutions maintain at the bank. Annual inflation is likely to continue on an uptrend and increase toward 2%, mainly on the back of an improvement in the output gap and a rise in medium-to long-term inflation expectations.

The ECB is scheduled to hold a policy meeting on Thursday, with the focus on the potential for a scaling back of monetary stimulus in the months ahead. While no changes are expected, policymakers see scope for sending a small signal in June towards reducing monetary stimulus, according to sources, another factor underpinning the single currency.

Among Asian bourses

Australia Shares end higher

Australian equity market ended slight higher today, as gains in industrial, healthcare, financial and property trusts issues were more than offset by losses in energy, materials, and consumer goods stocks. The S&P/ASX200 closed 9.50 points, or 0.16%, up at 5921.50, while the All Ordinaries tracked closely behind, up 7.60 points, or 0.13%, to 5944.40. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 566 to 558 and 371 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.41% to 11.682.

Financials bolstered the Australian market, with the financial index hitting a fresh 23-month high, led by the Big Four banks ahead of earnings next week. Banks stocks outperforming other sectors on hopes of turning point in banks net interest margins and they should turn profitable going ahead.

The biggest drag on the index came from energy stocks - oil majors slipped on lower prices, while stocks such as Santos and Origin Energy, which have some LNG assets, fell after the Aussie government proposed to restrict exports of liquefied natural gas during times when domestic shortage (due to high exports) pushes up local LNG prices.

Diversified mining company BHP Billiton, Rio Tinto and Fortescue Metals slipped after the most-active iron ore on the Dalian Commodity Exchange slipped 1.2%. Lower London copper and oil prices also pressured BHP Billitons shares.

Gold stocks also rose after prices of the yellow metal edged away from two-week lows hit in the previous session. Ramelius Resources, Resolute Mining and Northern Star Resources rose as much as between 3% and 12%.

Japan Stocks fall on profit booking

The Japan share market finished down, as investors locked in profits following the markets four days run of closing highs. Selloff was also fuelled in response to yen appreciation against greenback after BoJ stands pat on policy and as the Trump administrations plans to overhaul the US tax system. The 225-issue Nikkei Stock Average declined 37.56 points, or 0.19%, to close the day at 19,251.87. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 0.74 point, or 0.05%, to finish at 1,536.67. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1943 to 1099 and 308 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 3.40% to 15.04 a new 1-month low.

The best performers of the session on the Nikkei 225 were Tokuyama Corp, which rose 8% to trade at Y541 at the close. Meanwhile, Showa Denko K.K added 4.4% to end at Y2160 and Furukawa Electric Co was up 4.2% to Y4510.The worst performers of the session were Yahoo Japan Corp, which fell 9.8% to trade at Y474.5 at the close. Rakuten Inc declined 4.4% to end at Y1139 and Osaka Gas Co was down 4.1% to Y416.

Shares in Japans Takata suspended after report on bankruptcy plan-- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industrys biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems (KSS), the companys preferred bidder, would sponsor the turnaround plan by injecting 200 billion yen ($1.8 billion) and helping create a new operating company. That money would be transferred to Takata to help settle claims linked to faulty air bags that have been blamed for at least 16 deaths worldwide. In a statement, Takata acknowledged that its steering committee had endorsed KSS as a sponsor candidate, but said it had not reached any decision on its restructuring.

Nintendo sees Switch console doubling full-year profit- Japans Nintendo Co said on Thursday it expects operating profit to jump 121% in the year through March 2018, bolstered by strong demand for its new Switch console. Nintendo estimates profit to grow to 65 billion yen ($583.85 million) from 29.4 billion yen a year prior. Kyoto-based Nintendo is aiming to sell 10 million Switch consoles in the current financial year, on top of 2.7 million units sold in March alone, the month of its global debut.

Stronger yen digs into Komatsus earnings-- Komatsu, the worlds second-largest construction and mining machinery maker, saw its annual earnings slide as a stronger yen erased gains from increasing demand in China and Indonesia. The 95-year-old company saw its revenue for the year ended March 31 fall 2.8% from the previous year to 1.80 trillion yen ($16.20 billion). Net profit was also down 17.5% to 113.4 billion yen in the April-March period compared to the year before.

The Bank of Japan on Thursday upgraded its outlook for the domestic economy, encouraged by strong exports. While it decided not to tweak monetary policy, the bank slightly lowered its inflation forecast. The BOJ now expects real gross domestic product growth for the current fiscal year through March 2018 to reach 1.6%, up from its previous forecast of 1.5%. For fiscal 2018 -- the year ending in March 2019 -- the bank forecasts 1.3% growth, up from 1.1%.

The central bank forecast growth in the worlds third-largest economy would remain steady over the next year as it keeps its ultra-lax monetary policy unchanged. The Bank of Japan said preparations for the Tokyo 2020 Olympics would support growth by spurring demand but warned of risks from geopolitical trends.

China Stocks end higher

The Mainland China equity market reversed early losses to end higher, lifted by strong performance of shares related to the Belt and Road Initiative. But gains were capped amid concern Chinese authorities would continue to pursue policies aimed at reining in financial risks by preventing excessive speculation in the equity and real estate markets. The benchmark Shanghai Composite Index ended up 0.36%, or 11.34 points, at 3,152.19 and the Shenzhen Composite Index, which tracks stocks on Chinas second exchange, rose 0.36%, or 10.24 points, to 1,900.03. The ChiNext Index, Chinas NASDAQ-style board, ended 1.23% higher at 1,842.92 points.

The Shanghai index tumbled to below 3,100 points in the morning before strong shares related to the Belt and Road and environmental protection boosted the market. Jiangsu Lianyungang Port and Guangzhou Port both surged by the daily limit of 10% to end the day at 7.67 yuan and 10.3 yuan per share, respectively.

Chinas major industrial firms continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy, official data showed Thursday. The companies reported a 23.8-percent year-on-year profit growth last month, slowing from 31.5% in January and February but still much faster than the 8.5-percent increase in 2016, according to the National Bureau of Statistics.

Data from the National Bureau of Statistics (NBS) released on Thursday showed that the combined profits of Chinese industrial firms stood at CNY688.7 billion in March, up 23.8% from the same month last year. The gain for industrial profits was 7.7 percentage points lower than that in the January-to-February period, but it was 12.7 percentage points higher than the gain in March 2016. Data for January and February were combined to smooth out the distortion from the Chinese New Year holiday. The NBS attributed the slowdown to a faster rise in input prices than output prices. The index of input prices stood at 110.0, 0.9 percentage point higher than in January and February, while the index of output prices was 107.6, up 0.3 percentage point. The profits of five key sectors rose to CNY75.2 billion, a decline of CNY95 billion from January and February, contributing to a fall of 8.5 percentage points from industrial output as a whole in March. The five sectors are coal mining and processing; petroleum and natural gas exploitation; oil processing and nuclear fuel processing; chemical raw materials and chemical products manufacturing; and ferrous metal smelting and processing. For the first quarter, combined profits of industrial companies were CNY1.704 trillion, up 28.3% from the same quarter last year, the NBS said. Thirty-eight of 41 industrial sectors posted year-on-year profit increases in the first quarter, compared with thirty-one during the same period last year.

Hong Kong Stocks rebound

The Hong Kong stock market reversed early losses to chalk up to highest level in 20 months today, as investor sentiment remained supported by the US announcement it would renegotiate the NAFTA deal, soothing fears after reports said Donald Trump was considering leaving it. The market also drew support from continuous flows of money from mainland Chinese investors. The Hang Seng Index inclined 120.05 points, or 0.49%, to 24698.48. The Hang Seng China Enterprises Index was down 56.38 points, or 0.55%, to 10261.25. Turnover decreased slightly to HK$76.3 billion from HK$78.6 billion on Wednesday.

Tencent climbed 1.2% to HK$244.6 on reports it has initiated an IPO works for its music business, with a valuation of US$10 billion. Meitu (01357) gained 5.7% to HK$11.5.

Standard Chartered (02888) put on 4.8% to HK$75.45 after the bank said its profit before taxation for 1Q soared 98% to US$990 million. China Minsheng Bank (01988) declined 1.5% to HK$7.76. The bank reported that its net profit for the first quarter rose 3.6% to Rmb14,199 million.

AIA (01299) soared 6.2% to HK$54.5 after the insurer reported its value of new business growth of 53% for 1Q. AIA (01299) said its value of new business (VONB) for the first quarter ended 28 February 2017 rose 55%% on constant exchange rates and 53% on actual exchange rates year-on-year to US$884 million. This is also the highest quarterly VONB result since AIAs IPO in 2010. VONB margin was 49.2%, a decrease of 2 percentage points on constant exchange rates and 2.4 percentage points on actual exchange rates. Annualised new premiums amounted to US$1,779 million, an increase of 62% from a year earlier on a constant exchange rate basis.

Sands China (01928) reported a net income of US$349 million in the first quarter of 2017, an increase of 11.9% from a year earlier, according to the financial results released by its controlling shareholder Las Vegas Sands Corp. Total net revenues for Sands China increased 15.3% to US$1.88 billion. Las Vegas Sands said adjusted EBITDA for its Macao operations was US$624 million in the first quarter of 2017, an increase of 20.5% compared to the prior year quarter. EBITDA margin expanded by 140 basis points to a market-leading 33%, as it benefited from ongoing cost efficiencies and improved business mix. Its shares closed 3.5% down at HK$35.55.

Anta Sports (02020) fell 2.7% to HK$21.8 after Daiwa Researchs downgrade. Daiwa Research cut its target price for Anta Sports Products (02020) to HK$25 from HK$28, and maintained its buy rating. The research house cited Antas management indicating that the retail sales for its ANTA branded products were stable during 1Q 2017, with retail discount levels and channel inventory at 30% and 4-5 months, respectively. Daiwa expects the company to announce its 1Q 2017 operational update in mid-May, for which the research house estimated that ANTAs branded retail sales would grow 10% YoY for 1Q 2017 and a flattish 4Q 2017 order book. Daiwa lowered its 2017-19 EPS by 7-10% factoring in higher staff costs and rental expenses for its store openings and the 7% share dilution from its top-up placement of 175m shares in March.

Sensex falls as investors book profits

Indian stock market closed down after hitting record highs the previous day as investors took a breather and booked profits in recent outperformers such as ITC Ltd, while Axis Bank Ltd fell on a drop in quarterly profit. BSE Sensex closed lower by 104 points, or 0.34%, to 30,030, while the Nifty 50 fell 10 points, or 0.10%, to 9,342. Lupin, Aurobindo Pharma and ITC were the top losers, while Tata Motors, Infosys, Yes Bank and ACC gained the most.

Kotak Mahindra Bank rose 1.58% to Rs 914.55 after net profit rose 40.34% to Rs 976.48 crore on 9.85% rise in total income to Rs 5434.65 crore in Q4 March 2017 over Q4 March 2016. The result was announced during market hours today, 27 April 2017. Kotak Mahindra Banks non-performing assets (NPAs) stood at Rs 3578.61 crore as on 31 March 2017 as against Rs 3177.88 crore as on 30 December 2016 and Rs 2838.11 crore as on 31 March 2016. The ratio of gross NPAs to gross advances rose to 2.59% as on 31 March 2017 as against 2.42% as on 31 December 2016 and 2.36% as on 31 March 2016. The ratio of net NPAs to net advances increased to 1.26% as on 31 March 2017 as against 1.07% as on 31 December 2016 and 1.06% as on 31 March 2016. The banks provisions and contingencies (excluding tax provisions) rose 33.41% to Rs 267.37 crore in Q4 March 2017 over Q4 March 2016.

Car major Maruti Suzuki India fell 0.56% to Rs 6,371.15. The companys net profit rose 15.8% to Rs 1709 crore on 20.3% growth in net sales to Rs 18005.20 crore in Q4 March 2017 over Q4 March 2016. The result was announced during market hours today, 27 April 2017. Growth in volumes, increase in share of the companys higher segment models, benefits due to full capacity utilization and cost reduction efforts contributed to increase in profits. This was partially offset by increase in commodity prices and adverse forex movement.

Powered by Capital Market - Live News

Precision Camshafts gets revision in credit ratings for bank facilities
Apr 27,2017

Precision Camshafts announced that CARE has revised its ratings on bank facilities as under -

Long term bank facilities (Rs 73.36 crore) - CARE A (Revised from CARE A-)

Long term/ short term bank facilities (Rs 66.50 crore) - CARE A (Revised from CARE A-)

Short term bank facilities (Rs 44 crore) - CARE A1 (Revised from A2)

Powered by Capital Market - Live News

LKP Securities to hold AGM
Apr 27,2017

LKP Securities announced that the 23th Annual General Meeting (AGM) of the company will be held on 24 May 2017.

Powered by Capital Market - Live News

Board of Sterlite Technologies recommends final dividend
Apr 27,2017

Sterlite Technologies announced that the Board of Directors of the Company at its meeting held on 26 April 2017, inter alia, have recommended the final dividend of Rs 0.75 per equity Share (i.e. 37.5%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of KPIT Technologies recommends final dividend
Apr 27,2017

KPIT Technologies announced that the Board of Directors of the Company at its meeting held on 26 April 2017, inter alia, have recommended the final dividend of Rs 2.2 per equity Share (i.e. 110%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Maruti Suzuki India recommends final dividend
Apr 27,2017

Maruti Suzuki India announced that the Board of Directors of the Company at its meeting held on 27 April 2017, inter alia, have recommended the final dividend of Rs 75 per equity Share (i.e. 1500%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News