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

Tata Steel shrugs off ratings downgrade
Nov 01,2016

The announcement was made yesterday, 31 October 2016.

Meanwhile, the S&P BSE Sensex was down 10.64 points or 0.04% at 27,919.57.

On BSE, so far 41,000 shares were traded in the counter as against average daily volume of 9.32 lakh shares in the past one quarter. The stock hit a high of Rs 408.40 and a low of Rs 404 so far during the day. The stock had hit a 52-week high of Rs 431.65 on 20 October 2016. The stock had hit a 52-week low of Rs 211.30 on 12 February 2016. The stock had outperformed the market over the past one month till 30 October 2016, advancing 8.08% compared with 0.23% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 14.07% as against Sensexs 0.43% fall.

The large-cap company has equity capital of Rs 971.22 crore. Face value per share is Rs 10.

Tata Steel said that ratings agency Brickwork Ratings downgraded the companys credit rating to BWR AA from BWR AA+, with negative outlook for the unsecured non-convertible debenture (NCD) issues of Rs 4000 crore. The ratings agency also downgraded ratings to BWR AA- from BWR AA for the companys unsecured subordinated perpetual debt issues of Rs 2500 crore, with negative outlook. The sudden change of guard at the holding company/group level has not only heightened the management risk for Tata Steel, but also has exposed it to uncertainty over continuity of critical decisions on cost cutting and deleveraging the balance sheet concerning the unprofitable UK operations and restructuring its European business, the ratings agency said. Unless the company takes appropriate measures in this regard, it may lead to a further deterioration in financial profile of the company, as also a rating action, the agency added.

On a consolidated basis, Tata Steel reported net loss of Rs 3183.07 crore in Q1 June 2016 as against net loss of Rs 316.91 crore in Q1 June 2015. Net sales declined 5.7% to Rs 25155.98 crore in Q1 June 2016 over Q1 June 2015.

Tata Steel is Europes second largest steel producer, with steelmaking in the UK and Netherlands, and manufacturing plants across Europe. The combined Tata Steel group is one of the worlds largest steel producers.

Powered by Capital Market - Live News

Tata Steel in spotlight after ratings downgrade
Nov 01,2016

Tata Steel announced yesterday, 31 October 2016 that ratings agency Brickwork Ratings downgraded the companys credit rating to BWR AA from BWR AA+, with negative outlook for the unsecured non-convertible debenture (NCD) issues of Rs 4000 crore. The ratings agency also downgraded ratings to BWR AA- from BWR AA for the companys unsecured subordinated perpetual debt issues of Rs 2500 crore, with negative outlook. The sudden change of guard at the holding company/group level has not only heightened the management risk for Tata Steel, but also has exposed it to uncertainty over continuity of critical decisions on cost cutting and deleveraging the balance sheet concerning the unprofitable UK operations and restructuring its European business, the ratings agency said. Unless the company takes appropriate measures in this regard, it may lead to a further deterioration in financial profile of the company, as also a rating action, the agency added.

Shares of auto companies will be in focus as companies start unveiling monthly sales volume data for October 2016 from today, 1 November 2016.

Yes Bank announced yesterday, 31 October 2016 that it has received the approval from Reserve Bank of India (RBI) for appointment of Ashok Chawla as Non-Executive Part-time Chairman of the bank for a period of three years from the date of his taking charge. Accordingly, Chawla took charge as Non-Executive Part-time Chairman of the bank with effect from 30 October 2016 upon the expiry of the term of the current Chairperson of the bank, Radha Singh. Ashok Chawla, an independent director, was appointed on the board on 5 March 2016.

Cadila Healthcare announced yesterday, 31 October 2016 that new data of Saroglitazar will be presented at The Liver Meeting being held at Boston from 11 to 15 November 2016. Saroglitazar (Lipaglyn), a novel agonist having predominant PPAR alpha activity, was launched in India as a prescription medicine for the treatment of Hypertriglyceridemia and Diabetic Dyslipidemia in patients with Type 2 Diabetes not controlled by statins. Saroglitazar is currently being evaluated in several clinical trials in India and other countries.

NBCC (India) announced yesterday, 31 October 2016 that pursuant to Ministry of Urban Development letter dated 28 October 2016, S K Chaudhary, Executive Director has been relieved from the company upon his relinquishing the charge of the post of Director (Projects), NBCC to join as Chairman & Managing Director, IRCON International.

Kitex Garments net profit fell 52.41% to Rs 12.92 crore on 20.32% decline in total income from operations to Rs 106.96 crore in Q2 September 2016 over Q2 September 2015. The result was announced yesterday, 31 October 2016.

Powered by Capital Market - Live News

Flora Textiles reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 01,2016

Net Loss of Flora Textiles reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.06 crore during the previous quarter ended September 2015. Sales declined 14.71% to Rs 0.29 crore in the quarter ended September 2016 as against Rs 0.34 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.290.34 -15 OPM %0-14.71 - PBDT0-0.05 100 PBT-0.01-0.06 83 NP-0.01-0.06 83

Powered by Capital Market - Live News

Rajputana Investment & Finance reports consolidated nil net profit/loss in the September 2016 quarter
Nov 01,2016

Rajputana Investment & Finance reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.01 crore during the previous quarter ended September 2015. Sales declined 88.69% to Rs 0.25 crore in the quarter ended September 2016 as against Rs 2.21 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.252.21 -89 OPM %00.45 - PBDT00.01 -100 PBT00.01 -100 NP00.01 -100

Powered by Capital Market - Live News

Intrasoft Technologies secures Line of Credit
Oct 31,2016

123Stores, Inc., subsidiary company of Intrasoft Technologies has secured a $8.0 Million Line of Credit from UPS Capital, a subsidiary of UPS.

Powered by Capital Market - Live News

SdF Industries to hold board meeting
Oct 31,2016

SdF Industries will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and take on record the Unaudited Financial Results of the Company for the quarter/ half year ended 30 September 2016.

Powered by Capital Market - Live News

B&A to hold board meeting
Oct 31,2016

B&A will hold a meeting of the Board of Directors of the Company on 14 November 2016, to consider and take on record the Un-Audited Financial Results of the Company for the quarter and half year ended 30 September 2016 and Statement of Assets and Liabilities as on that date.

Powered by Capital Market - Live News

Dhunseri Tea & Industries to hold board meeting
Oct 31,2016

Dhunseri Tea & Industries will hold a meeting of the Board of Directors of the Company on 8 November 2016, to consider and take on record the Unaudited Financial Results of the Company, for the Quarter ended 30 September 2016.

Powered by Capital Market - Live News

Cambridge Technology Enterprises to hold board meeting
Oct 31,2016

Cambridge Technology Enterprises will hold a meeting of the Board of Directors of the Company on 7 November 2016, to consider, approve and take on record the un-audited standalone and consolidated financial results of the Company for the quarter ended 30 September 2016.

Powered by Capital Market - Live News

HB Portfolio to hold board meeting
Oct 31,2016

HB Portfolio will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider and approve the Un-Audited Financial Results of the Company for the second quarter and half year ended 30 September 2016.

Powered by Capital Market - Live News

Star Paper Mills to hold board meeting
Oct 31,2016

Star Paper Mills will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider and approve the Unaudited financial results for the Quarter and Half-year ended on 30 September 2016.

Powered by Capital Market - Live News

Fenoplast to hold board meeting
Oct 31,2016

Fenoplast will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider the Un-audited Financial Results for the Quarter ended 30 September 2016.

Powered by Capital Market - Live News

Hindusthan Udyog to hold board meeting
Oct 31,2016

Hindusthan Udyog will hold a meeting of the Board of Directors of the Company on 9 November 2016, to consider and take on record the Unaudited Financial Results of the Company, subject to a Limited Review of the Statutory Auditors, for the quarter ended 30 September 2016.

Powered by Capital Market - Live News

Gateway Distriparks to hold board meeting
Oct 31,2016

Gateway Distriparks will hold a meeting of the Board of Directors of the Company on 10 November 2016, to consider approval of the unaudited financial results for the quarter ended 30 September 2016 (Q2)

Powered by Capital Market - Live News

HB Stockholdings to hold board meeting
Oct 31,2016

HB Stockholdings will hold a meeting of the Board of Directors of the Company on 11 November 2016, to consider and approve the Unaudited Results for the Second Quarter and half year ended 30 September 2016.

Powered by Capital Market - Live News