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

Agreement between India and Croatia on Economic Cooperation
Feb 15,2017

Agreement between the Government of the Republic of India and the Government of the Republic of Croatia on Economic Cooperation was signed by Commerce and Industry Minister Smt. Nirmala Sitharaman, Government of India and Ms. Martina Dalic, Deputy Prime Minister and Minister of the Economy, Government of the Republic of Croatia on 14th February, 2017 in Zagreb, Croatia.

India and Croatia had earlier signed an Agreement on Trade and Economic Cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations. The present Agreement between India and Croatia would be a step in continuity as the last one expired in November, 2009.

Indias bilateral trade with the Republic of Croatia during 2013-14, 2014-15 and 2015-16 were US$ 148.86 million, US$ 205.04 million and US$ 148.44 million respectively. The bilateral trade during the last three years has remained stable despite global slowdown.

Powered by Capital Market - Live News

Ind-Ra: Bonds and Rupee to Witness Measured Weakness in FY18
Feb 15,2017

India Ratings and Research (Ind-Ra) expects overall yield curves to stay elevated. The expectation is against a backdrop of evolving unfavourable global conditions and limited role by the Reserve Bank of India (RBI). However, the agency believes that the banking sectors large appetite for government bonds will anchor interest rates in FY18. The 10-year benchmark government security yield is likely to stay within 6.50%-7.00% in 1HFY18 and 6.40%-7.00% in 2HFY18.

Neutral Monetary Policy Stance: Given the change in the RBIs monetary policy stance and pressure from global rate markets, Ind-Ra expects an extremely limited scope for a reduction in monetary policy rates in FY18. The agency expects a possible room for a 25bp cut during FY18.

Demonetisation: The demonetisation drive and the promotion of digital transactions by the government and the RBI will impact reserve money requirements. Increasing scope and role of digital transaction are likely to reduce the currency in circulation over the coming years. Currency accounts for about 80% of reserve money. Moreover, the banking system was flooded with a liquidity of over INR5 trillion. In such a scenario, the agency does not foresee any open market operation (purchase) in FY18 as per the base case.

Low Banking Credit Blessing in Disguise: Ind-Ra believes that in the absence of any significant pickup in bank credit, the banking sector will have a large appetite for investment in low-risk interest-bearing government bonds. Moreover, banks can invest a part of existing liquidity surplus in government bonds. The agency believes commercial banks could subscribe to INR3 trillion-INR3.5 trillion worth of government bonds.

High State Borrowings to Affect Corporate Bond Curve: State development bonds (SDLs) are close alternatives to corporate bonds. The agency believes that a sustained increase in SDLs would put pressure on the corporate bond curve.

Rupee to Gradually Weaken: The narrowing differential between global and domestic interest rates will keep the rupee trading with a depreciation bias through FY18. With the US Federal Reserve likely to hike interest rates and major central banks rationalising their policy stances, the rupees gradual depreciation trend is expected to continue through FY18, with the domestic currency edging lower towards INR69.5-70/USD by March 2018.

RBIs Calibrated Intervention Likely to Continue: Ind-Ra believes that while the RBI is unlikely to halt the rupees depreciation, the pace of movement will be calibrated.

Powered by Capital Market - Live News

DLF provides update on CCPS sale transaction
Feb 15,2017

DLF announced that the Company had intimated on 08 October 2015 that the Board of Directors of the Company had approved the proposal for promoter group companies namely Rajdhani Investments & Agencies, Buland Consultants and Investments, Sidhant Housing and Development Company (n++CCPS Holdersn++) to sell 15,96,99,999 Cumulative Compulsorily Convertible Preference Shares (n++CCPSn++) of DLF Cyber City Developers (n++DCCDLn++) (which would result in 40% equity shareholding in DCCDL upon conversion of the CCPS) to unrelated third party investor(s) (the n++CCPS Sale Transactionn++) subject to certain conditions.

Since the conclusion of CCPS Sale Transaction may not consummate by 18 March 2017 which being the last date of conversion of CCPS, the CCPS Holders have conveyed to DCCDL and the Company that they are agreeable for extension in conversion of CCPS for one more year i.e., until 18 March 2018 at the existing dividend rate/coupon rate of 0.01% per annum. Accordingly, the Board based on the recommendations of the Audit Committee, accorded its consent for the said extension being the 100% equity shareholder of DCCDL.

Powered by Capital Market - Live News

Gitanjali Gems provides update on subsidiary - Gitanjali Infratech
Feb 15,2017

Gitanjali Gems announced that Gitanjali Infratech, a wholly owned subsidiary of the Company has acquired 100% equity shares of Dynamic Infrazone for the purpose of setting up and developing Gems and Jewellery Park in the state of Orissa.

Powered by Capital Market - Live News

Inox Wind Infrastructure Services issues NCDs aggregating Rs 195 crore
Feb 15,2017

Inox Wind Infrastructure Services, a wholly owned subsidiary of Inox Wind has issued and allotted rated, unlisted, secured, redeemable, non convertible debentures, aggregating Rs 195 crore. These NCDs have been issued on private placement basis.

Powered by Capital Market - Live News

Inox Wind Infrastructure Services issues NCDs aggregating Rs 195 crore
Feb 15,2017

Inox Wind Infrastructure Services, a wholly owned subsidiary of Inox Wind has issued and allotted rated, unlisted, secured, redeemable, non convertible debentures, aggregating Rs 195 crore. These NCDs have been issued on private placement basis.

Powered by Capital Market - Live News

Vivimed Labs in pink of health after strong Q3 result
Feb 15,2017

The result was announced after market hours yesterday, 14 February 2017.

Meanwhile, the S&P BSE Sensex was down 21.35 points, or 0.08%, to 28,317.96.

On the BSE, 5.39 lakh shares were traded on the counter so far as against the average daily volumes of 1.49 lakh shares in the past one quarter. The stock had hit a high of Rs 110.50 and a low of Rs 103 so far during the day.

The stock had hit a record high of Rs 121.15 on 4 October 2016 and a 52-week low of Rs 68 on 9 August 2016. The stock had underperformed the market over the past one month till 14 February 2017, declining 4.9% compared with the Sensexs 4.04% rise. The scrip had also underperformed the market over the past one quarter advancing 3.47% as against the Sensexs 5.67% rise.

The small-cap company has equity capital of Rs 16.20 crore. Face value per share is Rs 2.

Vivimed Labs is a niche specialty chemicals and pharmaceuticals company.

Powered by Capital Market - Live News

Govt. should increase cyber security spending to match growing threat landscape: ASSOCHAM-PwC paper
Feb 15,2017

The government should sharply increase spending on cyber security to a level that matches the changing threat landscape, noted a paper jointly conducted by ASSOCHAM-PwC.

n++The government should allocate adequate budget for cyber security related initiatives such as capacity building, training of the workforce, implementing awareness programmes, and promoting research and development,n++ according to paper titled Recommendations - Cyber & network security, jointly conducted by ASSOCHAM and consulting firm PricewaterhouseCoopers (PwC).

It also suggested the industry to make budgets to expand efforts to attract and retain qualified cyber professionals.

n++It is important to take proactive measures rather than reactive methods as building safe environments will always be the best line of defence against rising cybercrime,n++ suggested the paper.

It said that government should look at developing comprehensive and mature security policies to ensure that emerging technologies such as cloud and Smart Cities are protected from cyber threats and risks, and help create a dynamic digital economy.

Powered by Capital Market - Live News

State Trading Corporation of India appoints directors
Feb 15,2017

State Trading Corporation of India announced that Ministry of Commerce & Industry vide its office order dated 27 January 2017 has conveyed the appointment of Mohan Lal Pareek and Dr. Amitabh Rajan as part time non-official Directors (Additional/Independent Director) on the Board of STC.

Further, Mohan Lal Pareek and Dr. Amitabh Rajan have been appointed as part time non-official on the Board of STC w.e.f. 14 February 2017.

Powered by Capital Market - Live News

State Trading Corporation of India appoints directors
Feb 15,2017

State Trading Corporation of India announced that Ministry of Commerce & Industry vide its office order dated 27 January 2017 has conveyed the appointment of Mohan Lal Pareek and Dr. Amitabh Rajan as part time non-official Directors (Additional/Independent Director) on the Board of STC.

Further, Mohan Lal Pareek and Dr. Amitabh Rajan have been appointed as part time non-official on the Board of STC w.e.f. 14 February 2017.

Powered by Capital Market - Live News

Wipro gains after powering Japans in-car Digital TV market
Feb 15,2017

The announcement was made before trading hours today, 15 February 2017.

Meanwhile, the BSE Sensex was down 21.15 points, or 0.07%, to 28,318.16.

On the BSE, so far 5,281 shares were traded in the counter, compared with average daily volumes of 1.11 lakh shares in the past one quarter. The stock had hit a high of Rs 478.70 and a low of Rs 474.50 so far during the day.

The stock hit a 52-week high of Rs 606.75 on 20 April 2016. The stock hit a 52-week low of Rs 410 on 9 November 2016.

The large-cap company has equity capital of Rs 486.18 crore. Face value per share is Rs 2.

Wipro announced that its Digital-TV (DTV) Middleware Solution, which facilitates In-Car TV reception systems, has been customized for the Japanese automotive market. Wipros DTV Middleware offering provides a turnkey solution for global Original Equipment Manufacturers (OEMs) of automotive infotainment systems to enable broadcast TV reception within vehicles. Wipros DTV Middleware Solution provides a robust, flexible and proven platform that allows device manufacturers to enable broadcast TV reception and related interactive services in automotive infotainment systems. Wipros In-Car DTV Middleware solution adds value to automotive OEM companies by supporting a range of features such as Antenna Diversity, Background Scans, Service Presets, One Touch Support, and Error concealments. These features facilitate the seamless consumption of premium entertainment content for in-car viewers.

Wipros consolidated net profit rose 2.04% to Rs 2109.40 crore on 0.93% decline in net sales to Rs 13764.50 crore in Q3 December 2016 over Q2 September 2016.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.

Powered by Capital Market - Live News

Jagsonpal Pharmaceuticals announces resignation of director
Feb 15,2017

Jagsonpal Pharmaceuticals announced that Dr. Surinder Kumar Goyal, Director has resigned from Directorship of the Company w.e.f. 14 February 2017, his resignation has been approved by the Board of Directors in their meeting held on 14 February 2017.

Powered by Capital Market - Live News

Entertainment Network (India) commences broadcast from Shillong radio station
Feb 15,2017

Entertainment Network (India) announced that the Company has on 15 February 2017 commenced broadcast from its radio station at Shillong (91.1 FM) - acquired under Phase 3 auctions held last financial year.

Powered by Capital Market - Live News

Adani Enterprises gains after strong Q3 results
Feb 15,2017

The result was announced after market hours yesterday, 14 February 2017.

Meanwhile, the BSE Sensex was down 7.71 points, or 0.03%, to 28,331.60.

On the BSE, so far 1.22 lakh shares were traded in the counter, compared with average daily volumes of 5.29 lakh shares in the past one quarter. The stock had hit a high of Rs 93.85 and a low of Rs 91.40 so far during the day.

The stock hit a 52-week high of Rs 100.20 on 6 February 2017. The stock hit a 52-week low of Rs 58.35 on 9 November 2016.

The large-cap company has equity capital of Rs 109.98 crore. Face value per share is Re 1.

Adani Enterprises is the flagship entity of the Adani Group. It is one of the fastest growing diversified conglomerates with business interests across - coal trading and mining, renewable energy generation, agri-storage infrastructure and services as well as edible oil and gas distribution.

Powered by Capital Market - Live News

Wipros Digital TV Middleware Solution enables In-Car TV reception
Feb 15,2017

Wipro announced that its Digital-TV Middleware Solution, which facilitates In-Car TV reception systems, has been customised for the Japanese automotive market. Wipros DTV Middleware offering provides a turnkey solution for global Original Equipment Manufacturers of automotive infotainment systems to enable broadcast TV reception within vehicles.

Powered by Capital Market - Live News