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

Jay Bharat Maruti slumps after reporting Q1 results
Jul 19,2017

Meanwhile, the S&P BSE Sensex was up 172.90 points or 0.55% at 31,883.89. The S&P BSE Small-Cap index rose 148.19 points or 0.94% at 15,965.79.

On the BSE, 69,000 shares were traded on the counter so far as against the average daily volumes of 44,431 shares in the past one quarter. The stock had hit a high of Rs 679.70 and a low of Rs 647.35 so far during the day. The stock had hit a record high of Rs 748.75 on 17 July 2017 and a 52-week low of Rs 138.10 on 18 July 2016.

The stock had outperformed the market over the past one month till 18 July 2017, advancing 9.09% compared with the Sensexs 2.11% rise. The stock had also outperformed the market over the past one quarter, surging 65.51% as against the Sensexs 8.16% rise. The scrip had also outperformed the market over the past one year, spurting 409.15% as against the Sensexs 14.29% rise.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Bharat Marutis net profit surged 43.7% to Rs 10.12 crore on 28.2% growth in net sales to Rs 377.29 crore in Q1 June 2017 over Q1 June 2016.

Prior to the announcement of results, shares of Jay Bharat Maruti witnessed an impressive rally. The shares surged 9.34% in three trading sessions to settle at Rs 714.85 yesterday, 18 July 2017, from its close of Rs 653.75 on 13 July 2017.

Jay Bharat Maruti shares zoomed 137.11% in the calendar year 2017 so far (to its ruling market price).

Jay Bharat Maruti is engaged in manufacturing components for automobiles.

Powered by Capital Market - Live News

Reliance Capital provides update on listing of Reliance Home Finance
Jul 19,2017

Reliance Capital announced that its subsidiary Reliance Home Finance is on track to be independently listed on stock exchanges within the nextfew months.

As part of the listing proposal, nearly one million shareholders of Reliance Capital will be allotted One Share free of cost in Reliance Home Finance for every One Share held in Reliance Capital. The proposal is expected to unlock substantial value for all existing shareholders.

Powered by Capital Market - Live News

Glenmark Pharma gets healthier after entering into agreement
Jul 19,2017

The announcement was made before market hours today, 19 July 2017.

Meanwhile, the BSE Sensex was up 154.03 points, or 0.49%, to 31,865.02.

On the BSE, 50,716 shares were traded in the counter so far, compared with average daily volumes of 1.51 lakh shares in the past one quarter. The stock had hit a high of Rs 706.40 and a low of Rs 692 so far during the day. The stock had hit a 52-week high of Rs 993 on 1 November 2016. The stock had hit a 52-week low of Rs 600 on 29 May 2017.

The stock had outperformed the market over the past one month till 18 July 2017, gaining 8.34% compared with Sensexs 2.11% gains. The scrip had, however, underperformed the market in past one quarter, falling 22.48% as against Sensexs 8.16% rise. The scrip had also underperformed the market in past one year, declining 17.05% as against Sensexs 14.29% rise.

The large-cap company has equity capital of Rs 28.22 crore. Face value per share is Re 1.

Glenmark Pharmaceuticals announced that it has entered into a development, license, manufacture and commercial supply agreement with Cyndea Pharma S.L., granting exclusive rights to use their technology for developing generic, soft-gelatin capsule formulations of certain pharmaceutical products.

Under this agreement, Glenmark receives exclusive rights to the United States and Canada markets for these soft-gelatin formulations in exchange for sharing development costs and profits from future sales.

In addition, the agreement provides for the companies to add further soft-gelatin product candidates for development and commercialization, as new branded, softgelatin, capsule-based drug products become available in the marketplace.

Cyndea Pharma specializes in the development and manufacturing of Womens Health Care and niche products.

On a consolidated basis, Glenmark Pharmaceuticals net profit rose 23.5% to Rs 183.76 crore on 10.2% rise in net sales to Rs 2424.41 crore in Q4 March 2017 over Q4 March 2016.

Glenmark Pharmaceuticals is a research-driven, global, integrated pharmaceutical organization headquartered at Mumbai, India. The company is a leading player in the discovery of new molecules both NCEs (new chemical entity) and NBEs (new biological entity). It has several molecules in various stages of clinical development and is primarily focused in the areas of oncology, dermatology and respiratory.

Powered by Capital Market - Live News

Dhanvantri Jeevan Rekha announces demise of director
Jul 19,2017

Dhanvantri Jeevan Rekha announced the sad demise of Dr. Abhimanyu Arora, Independent Director of the Company on 19 July 2017.

Powered by Capital Market - Live News

Oracle Financial Services Software allots 6,532 equity shares
Jul 19,2017

Oracle Financial Services Software has allotted 6,532 equity shares of face value of Rs.5/- each to the eligible Employees of the Company who have exercised their stock options under the Employee Stock Option Scheme 2010, Employee Stock Option Scheme 2011 and OFSS Stock Plan 2014. These shares shall rank pari passu with the existing equity shares of the Company in all respects. In this allotment, no shares are allotted to Directors of the Company.

With this allotment, the paid up capital of the Company has increased to Rs. 426,494,660.00 divided into 85,298,932 equity shares of face value of Rs.5/- each.

Powered by Capital Market - Live News

22.5% Growth in Foreign Tourist arrivals in June 2017 over June 2016
Jul 19,2017

Foreign Tourist Arrivals (FTAs):

n++ The number of FTAs in June, 2017 were 6.70 lakh as compared to FTAs of 5.47 lakh in June, 2016 and 5.12 lakh in June, 2015.

n++ The growth rate in FTAs in June, 2017 over June, 2016 is 22.5% compared to 6.8% in June, 2016 over June, 2015.

n++ FTAs during the period January- June 2017 were 48.85 lakh with a growth of 17.2%, as compared to the FTAs of 41.69 lakh with a growth of 8.4% in January- June 2016 over January- June 2015.

n++ The percentage share of Foreign Tourist Arrivals (FTAs) in India during June 2017 among the top 15 source countries was highest from Bangladesh (29.23%) followed by USA (19.70%), UK (6.14%), Malaysia (3.82%), Australia (2.56%), China (2.52%), Singapore (2.31%), Sri Lanka (2.24%), Japan (2.21%), Canada (2.19%), France (1.96%), Germany (1.92%), Nepal (1.84%), Republic of Korea (1.50%) and Afghanistan (0.98%).

n++ The percentage share of Foreign Tourist Arrivals (FTAs) in India during June 2017 among the top 15 ports was highest at Delhi Airport (22.16%) followed by Haridaspur Land Check Post (17.06%), Mumbai Airport (14.98%), Chennai Airport (9.06%), Bengaluru Airport (6.72%), Kolkata Airport (4.82%), Hyderabad Airport (4.37%), Cochin Airport (3.57%), Gede Rail Land Check Post (3.09%),Ghojadanga Land Check Post (2.08%), Tiruchirapalli Airport (1.93%), Ahmadabad Airport (1.60%), Trivandrum Airport (1.35%), Hilli Land Check Post (0.94%) and Changrabandha Land Check Post (0.86%).

Foreign Tourist Arrivals (FTAs) on e-Tourist Visa :

n++ During the month of June, 2017 total of 0.67 lakh tourist arrived on e-Tourist Visa as compared to 0.37 lakh during the month of June 2016 registering a growth of 81.7%.

n++ During January-June 2017, a total of 7.17 lakh tourist arrived on e-Tourist Visa as compared to 4.72 lakh during January-June 2016, registering a growth of 52.0%.

n++ The percentage shares of top 15 source countries availing e- Tourist Visa facilities during June, 2017 were as follows:

USA (17.7%), UK (10.8%), China (6.8%), Australia (5.2%), Singapore (5.1%), Korea (Rep.of) (4.5%), France (4.3%), Germany (3.9%), Canada (3.4%), Malaysia (2.6%), Spain (2.2%), South Africa (1.7%), Thailand (1.6%), Netherlands (1.5%) and Italy (1.4%).

n++ The percentage shares of top 15 ports in tourist arrivals on e-Tourist Visa during June, 2017 were as follows:

New Delhi Airport (42.4%), Mumbai Airport (20.6%), Chennai Airport (10.0%), Bengaluru Airport (9.2%), Kochi Airport (3.7%), Hyderabad Airport (3.3%), Kolkata Airport (2.8%), Tirchy Airport (1.8%), Ahmadabad Airport (1.4%), Trivandrum Airport (1.3%), Amritsar Airport (0.9%), Cochin Seaport( 0.7%), Dabolim (Goa) Airport (0.5%), Pune Airport(0.3%) and Jaipur Airport (0.3%).

Powered by Capital Market - Live News

EFD has been entrusted with the responsibility of enforcement action on commercial banks
Jul 19,2017

The Reserve Bank of India (RBI) has informed that they have set up an Enforcement Department (EFD). EFD would serve as a centralised department to speed up regulatory compliance. EFD has been set up to separate those who oversee the possible rule breaches and those who decide on punitive actions so that enforcement process operates fairly and is evidence based.

The EFD has become functional with effect from April 03, 2017. The EFD has been entrusted with the responsibility of enforcement action on commercial banks.

Powered by Capital Market - Live News

Maharashtra Scooters announces appointment of director
Jul 19,2017

Maharashtra Scooters announced the appointment of V.L.Rajale (DIN 00640260) as Nominee Director representing Western Maharashtra Development Corporation, a Promoter Company.

Powered by Capital Market - Live News

Reserve Bank of India (RBI) has constituted an Internal Advisory Committee (IAC)
Jul 19,2017

Reserve Bank of India (RBI) has constituted an Internal Advisory Committee (IAC), which arrived at an objective, non-discretionary criterion for referring accounts for resolution under Insolvency and Bankruptcy Code, 2016 (IBC). In particular, the IAC recommended for IBC reference all accounts with fund and non-fund based outstanding amount greater than Rs.5000 crore, with 60% or more classified as non-performing by banks as of March 31, 2016.

Accordingly, Reserve Bank of India has issued directions to certain banks for referring 12 accounts, qualifying under the aforesaid criteria, to initiate insolvency process under the Insolvency and Bankruptcy Code, 2016. As regards the other non-performing accounts which do not qualify under the above criteria, the IAC recommended that banks should finalize a resolution plan within six months. In cases where a viable resolution plan is not agreed upon within six months, banks should be required to file for insolvency proceedings under the IBC.

However, the names and details of borrowers are not disclosed as prescribed under section 45E of the Reserve Bank of India (RBI) Act, 1934 and Banking Laws, which provide for the obligation of a bank or financial institution to maintain secrecy about the affairs of its constituents.

In respect of the above-mentioned 12 accounts, Reserve Bank of India has advised the banks to make provisions as under:

n++The minimum provisions required to be maintained against the said accounts would be the higher of the following:

(a) 50 per cent for secured portion of the outstanding balance plus 100 percent for the unsecured portion.

(b) Provisions required to be maintained as per the extant Asset classification norms.n++

The additional provisions, as required in each case, should be proportionately spread over the remaining quarters of the current financial year, starting Q2, so that the required provisions are fully in place by March, 2018.

The effect of the provisioning requirement prescribed in respect of the said 12 accounts would vary for each account and for the respective banks depending upon the current asset classification, current provisions held, security coverage, etc.

Powered by Capital Market - Live News

Victory Paper & Boards (India) to hold board meeting
Jul 19,2017

Victory Paper & Boards (India) will hold a meeting of the Board of Directors of the Company on 25 July 2017.

Powered by Capital Market - Live News

Titan Securities to hold board meeting
Jul 19,2017

Titan Securities will hold a meeting of the Board of Directors of the Company on 9 August 2017.

Powered by Capital Market - Live News

TV Today Network to hold board meeting
Jul 19,2017

TV Today Network will hold a meeting of the Board of Directors of the Company on 11 August 2017.

Powered by Capital Market - Live News

IFM Impex Global to hold board meeting
Jul 19,2017

IFM Impex Global will hold a meeting of the Board of Directors of the Company on 26 July 2017.

Powered by Capital Market - Live News

Multipurpose Trading & Agencies to hold board meeting
Jul 19,2017

Multipurpose Trading & Agencies will hold a meeting of the Board of Directors of the Company on 25 July 2017.

Powered by Capital Market - Live News

Sacheta Metals to hold board meeting
Jul 19,2017

Sacheta Metals will hold a meeting of the Board of Directors of the Company on 3 August 2017.

Powered by Capital Market - Live News