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

Novartis India to consider Q3 and 9M results
Jan 19,2017

Novartis India announced that the meeting of the Board of Directors of the Company will be held on 03 February 2017, inter alia, to consider unaudited financial results of the Company for third quarter and nine months ended 31 December 2016.

Powered by Capital Market - Live News

Board of Conart Engineers to consider Q3 and 9M results
Jan 19,2017

Conart Engineers announced that a meeting of the Board of Directors of the Company will be held on 08 February 2017, inter alia, to consider and approve the Un-audited Financial Results (subject to Limited Review by Statutory Auditors) of the Company for the third quarter (Q3/2016-17) as well as nine months ended on 31 December 2016.

Powered by Capital Market - Live News

Volumes jump at Power Grid Corporation of India counter
Jan 19,2017

Power Grid Corporation of India clocked volume of 15.79 lakh shares by 12:50 IST on BSE, a 6.75-times surge over two-week average daily volume of 2.34 lakh shares. The stock rose 0.05% to Rs 198.55.

Idea Cellular notched up volume of 24.08 lakh shares, a 4.5-fold surge over two-week average daily volume of 5.35 lakh shares. The stock rose 2.52% to Rs 69.20.

Torrent Power saw volume of 2.71 lakh shares, a 3.4-fold surge over two-week average daily volume of 80,000 shares. The stock rose 4.03% to Rs 193.70.

Welspun India clocked volume of 7.10 lakh shares, a 2.76-fold surge over two-week average daily volume of 2.57 lakh shares. The stock rose 3.14% to Rs 78.75.

Jubilant FoodWorks saw volume of 97,000 shares, a 2.60-fold rise over two-week average daily volume of 37,000 shares. The stock shed 0.1% to Rs 881.80.

Powered by Capital Market - Live News

Power Finance Corporation provides update on subsidiary- PFC Consulting
Jan 19,2017

Power Finance Corporation announced the incorporation of three wholly owned subsidiaries of PFC Consulting (subsidiary of Power Finance Corporation) -

Bijawar-Vidarbha Transmission
Shongtong Karcham-Wangtoo Transmission
Goa-Tamnar Transmission Project.

Powered by Capital Market - Live News

Cigniti Technologies provides update on subsidiary
Jan 19,2017

Cigniti Technologies announced that Phaneesh Murthy, global IT industry veteran, who spearheaded the growth story of companies like Infosys and iGate, has joined the board of Cigniti Technologies Inc. (its subsidiary) as a Non-Executive Director.

Powered by Capital Market - Live News

Shipping Corporation of India leads gainers on BSEs A group
Jan 19,2017

Shipping Corporation of India rose 5.65% at Rs 69.15. The stock topped the gainers in A group. On the BSE, 2.99 lakh shares were traded on the counter so far as against the average daily volumes of 1.45 lakh shares in the past two weeks.

Great Eastern Shipping Company rose 4.73% at Rs 403. The stock was the second biggest gainer in A group. On the BSE, 23,000 shares were traded on the counter so far as against the average daily volumes of 5,671 shares in the past two weeks.

Gail (India) rose 4.62% at Rs 459.65. The stock was the third biggest gainer in A group. On the BSE, 6.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.65 lakh shares in the past two weeks.

Hindustan Copper rose 4.84% at Rs 68.25. The stock was the fourth biggest gainer in A group. On the BSE, 5.35 lakh shares were traded on the counter so far as against the average daily volumes of 7.43 lakh shares in the past two weeks.

Torrent Power rose 4.70% at Rs 194.95. The stock was the fifth biggest gainer in A group. On the BSE, 2.61 lakh shares were traded on the counter so far as against the average daily volumes of 80,000 shares in the past two weeks.

Powered by Capital Market - Live News

Diamond Power hits the roof on plan to convert debt into equity
Jan 19,2017

The announcement was made during trading hours today, 19 January 2017.

Meanwhile, the BSE Sensex was up 74.79 points, or 0.27%, to 27,332.43.

On the BSE, so far 3.86 lakh shares were traded in the counter, compared with average daily volumes of 2.15 lakh shares in the past one quarter. The stock had hit a high of Rs 37.25 and a low of Rs 35.70 so far during the day.

The stock hit a 52-week high of Rs 63.15 on 20 October 2016. The stock hit a 52-week low of Rs 22.05 on 29 March 2016.

The small-cap company has equity capital of Rs 69.03 crore. Face value per share is Rs 10.

Diamond Power Infrastructure had approached its lenders in March 2016 for a comprehensive restructuring plan which envisaged conversion of debt into equity and induction of a new investor in the company. After detailed deliberations, the joint lenders forum met yesterday, 18 January 2017 and approved a decision to convert companies debt aggregating to Rs 855 crore into equity shares at Rs 41.28 per share.

This step will bring down the companys debt by Rs 855 crore thereby correcting the capital structure of the company in a major way and reducing the interest burden substantially.

The companys committee of board of director will meet on 24 January 2017 for the allotment of shares to the various tenders in their agreed proportion.

On a consolidated basis, Diamond Power Infrastructure reported net loss of Rs 204.45 crore in Q2 September 2016 as against net loss of Rs 22.02 crore in Q2 September 2015. Net sales declined 31.62% to Rs 338.93 crore in Q2 September 2016 over Q2 September 2015.

Diamond Power Infrastructure is an integrated manufacturer of power transmission equipment and turnkey services provider (EPC).

Powered by Capital Market - Live News

KPIT drops on profit booking after declaring good Q3 outcome
Jan 19,2017

Meanwhile, the S&P BSE Sensex was up 75.31 points or 0.28% at 27,332.95

On the BSE, 2.51 lakh shares were traded on the counter so far as against average daily volume of 97,339 shares in the past one quarter. The stock had hit a high of Rs 142.30 and a low of Rs 136 so far during the day.

The stock had hit a 52-week high of Rs 196.60 on 21 June 2016. The stock had hit a 52-week low of Rs 108.45 on 12 February 2016. The stock had outperformed the market over the past 30 days till 18 January 2017, rising 6% compared with the 3.61% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 2.37% as against Sensexs 3.10% decline.

The small-cap company has equity capital of Rs 39.50 crore. Face value per share is Rs 2.

KPIT Technologies consolidated net profit rose 30.97% to Rs 73.58 crore on 2.96% rise in total income to Rs 859.10 crore in Q3 December 2016 over Q2 September 2016. The Q3 December 2016 bottomline was boosted by an exceptional item of Rs 26.09 crore relating to the gain on sale of companys entire stake in KPIT Medini Technologies AG with effect from 1 November 2016. The result was announced after market hours yesterday, 18 January 2017.

KPIT Technologies said that the proceeds from sale of KPIT Medini Technologies in Germany were used towards a strategic partnership with a German engineering services company, Micro Fuzzy.

Consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) margin contracted 0.82% to 10.18% in Q3 December 2016 from 11% in Q2 September 2016. However, net profit margin expanded 2.1% to 8.86% in Q3 December 2016 from 6.76% in Q2 September 2016

Kishor Patil, KPIT Technologies co-founder CEO and MD said that the company will continue to focus on growth with effective account management and new technology solutions for focus verticals. The cash flow during Q3 December 2016 was encouraging and the company will continue to build further on the same, Kishor Patil said.

KPIT Technologies is a global technology company focused on providing technology solutions and expertise to automotive and transportation companies, government bodies, manufacturing, energy and utilities companies.

Powered by Capital Market - Live News

Digital payment promotion gets a boost
Jan 19,2017

The Governments efforts to give a boost to the digital payment systems and the cashless economy, post-demonetization have generated enthusiastic response from the people. People from different age groups, occupations and different walks of life have taken part in a big way in the Lucky Grahak Yojana and Digi-dhan Vyapar Yojana giving a fillip to digital transactions.

More than 3.81 lakh consumers and 21,000 merchants have been declared the winners of prize money worth Rs.60.90 crore at 24 Digi-Dhan Melas across the country. Giving the details, the Union Minister Law & Justice, Electronics and Information Technology Shri Ravi Shankar Prasad said that the Common Service Centres under the Deptt. of Electronics and Information Technology have trained 1.94 crore citizens and 5.93 lakh merchants so far for carrying out transactions through digital payment systems.

The prize money worth Rs. 60.90 crore to over 3.81 lakh winners of NITI Aayogss lucky draw schemes Lucky Grahak Yojana, LGY for consumers and Digi-Dhan Vyapar Yojana, DVY for merchants has been declared at 24 Digi-Dhan Melas across the country - daily as well as weekly. The list includes winners from different walks of life including the small farmers, Anganwadi workers, housewives, labourers, etc.

Data analytics provided by the National Payments Corporation of India (NPCI) has highlighted a positive response among the people to adopt digital payments. Maharashtra, Andhra Pradesh, Tamil Nadu, Uttar Pradesh and Karnataka have emerged as the top 5 states with maximum number of winners. Active participation has been seen among men and women while most of the winners were in the age group of 21-30 years.

The two schemes were launched on December 25, 2016 and shall remain open till April 14, 2017. The schemes are aimed at incentivizing the consumers and the merchants to promote digital payments. 15,000 daily winners vie for total prize money of Rs. 1.5 crore at the rate of Rs.1000 per person. Besides, over 14,000 winners qualify for weekly draws with the total prize money of over Rs. 8.3 crore per week.

Customers and merchants using RuPay Card, BHIM, UPI (Bharat Interface for Money/Unified Payment Interface) USSD based *99# service and Aadhaar enabled Payment Service (AePS) are eligible for participating in the daily and weekly lucky draws.

These lucky draws are being held at Digi-Dhan Melas across the country. Over 100 Digi-Dhan Melas will be held across the country to inculcate digital payment among the people. Till date, 24 Digi-Dhan Melas have been held across the country since 25th December, 2016. These include New Delhi, Gurugram, Ludhiana, Panaji, Dehradun, Lucknow, Ranchi, Raipur, Mumbai, Meerut, Haldwani, Amritsar, Pune, Patna, Vijayawada, Chandigarh, Guwahati, Kochi, Bilaspur, Bokaro, Dadra & Nagar Haveli, Bengaluru, Jammu and Hyderabad. The exercise has covered so far 12 states and 3 Union territories. By 1st February, the exercise will have covered the cities from 21 States and 4 UTs.

Background:

Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana awards were launched in New Delhi on December 25, 2016 by Union Minister of Finance and Corporate Affairs, Arun Jaitley and Union Minister of Electronics & Information Technology and Law & Justice, Ravi Shankar Prasad to incentivize digital payments. The lucky draws have been planned at over 100 Digidhan Melas spread across the country in 100 different cities till April 14, 2017. The highlights of the Schemes are as follows-

n++ All transactions done by consumers and merchants from November 9, 2016 till April 14, 2017 will be eligible for winning prize under the scheme.

n++ All such transactions irrespective of the fact whether it has won daily / weekly prize, will be eligible for Mega Draw to be conducted on April 14, 2017.

n++ Three Mega prizes for consumers worth Rs. 1 crore, Rs 50 lakh and Rs 25 lakh.

n++ For merchants too, there would be three mega prizes worth Rs. 50 lakh, Rs. 25 lakh and Rs. 12 lakh.

n++ The draw of winners are presented at different centres on each day by the senior officials of NPCI in the presence of senior minister from GoI, representatives of NITI Aayog and general public.

n++ Schemes have total outlay of Rs. 340 crore of which - Rs. 300 crores would be spent on consumers and merchants while the remaining Rs. 40 crore on awareness and publicity.

n++ Total winners under the scheme are expected to be over 18.75 lakh.

Powered by Capital Market - Live News

Bodal Chemicals inches up as CARE upgrades rating of bank facilities
Jan 19,2017

The announcement was made after market hours yesterday, 18 January 2017.

Meanwhile, the S&P BSE Sensex was up 73.34 points or 0.27% at 27,330.98.

On the BSE, 48,000 shares were traded on the counter so far as against the average daily volumes of 1.57 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 1.76% at the days high of Rs 136 so far during the day. The stock rose 0.56% at the days low of Rs 134.40 so far during the day.

The stock had hit a record high of Rs 155 on 6 October 2016 and a 52-week low of Rs 44.65 on 20 January 2016. The stock had underperformed the market over the past one month till 18 January 2017, advancing 2.89% compared with the Sensexs 2.9% rise. The scrip had also underperformed the market over the past one quarter declining 4.47% as against the Sensexs 2.83% fall.

The small-cap company has equity capital of Rs 21.82 crore. Face value per share is Rs 2.

Bodal Chemicals announced that rating agency Credit Analysis & Research (CARE) has upgraded the credit rating for the long term bank facilities of the company to CARE A from CARE A-. The outlook is stable. Also, CARE upgraded the ratings for the short term bank facilities of the company to CARE A1 from CARE A2+.

The rating upgrade from CARE is on the basis of recent developments including operational and financial performance of the company for FY 2016 and also provisional performance for the first half of current financial year (FY 2017).

Bodal Chemicals net profit rose 45.6% to Rs 34.05 crore on 30.7% rise in net sales to Rs 327.70 crore in Q2 September 2016 over Q2 September 2015.

Bodal Chemicals is engaged in manufacturing of acid, direct and reactive dyestuffs and dye intermediates for textile, leather, plastics and papermaking applications.

Powered by Capital Market - Live News

Genesys International Corporation starts work on MCGMs LIDAR Property Survey for Mumbai
Jan 19,2017

Genesys International Corporation has begun implementation of the prestigious LIDAR (Light Detection and Ranging) Property Survey for city of Mumbai on behalf of MCGM (Municipal Corporation of Greater Mumbai). This is a first of its kind project that will create a unique platform for property tax administration and other smart city related applications. The contract of Rs 65 crore which is in consortium with Innowave IT infrastructure leverages the mapping technology strengths of Genesys.

The project also envisages looking at mapping all mobile telecom towers.

Powered by Capital Market - Live News

Diamond Power Infrastructure to convert debt aggregating Rs 855 crore into equity shares
Jan 19,2017

Diamond Power Infrastructure announced that on 18 January 2017, the joint lenders forum approved the conversion of debts aggregating Rs 855 crore into equity shares as per pricing formula under SDR guidelines of RBI at Rs 41.28 per share considering cut off date as on 29 June 2016. The Companys Committee of Board of Directors will meet on 24 January 2017 for allotment of shares to various lenders in their agreed proportion.

Powered by Capital Market - Live News

GAIL (India) advances as board to consider issue of bonus shares, fund raising
Jan 19,2017

The announcement was made during market hours today, 19 January 2017.

Meanwhile, the S&P BSE Sensex was up 66.52 points or 0.24% at 27,324.16

On BSE, so far 4.47 lakh shares were traded in the counter as against average daily volume of 1.94 lakh shares in the past one quarter. The stock hit a high of Rs 454 and a low of Rs 437.75 so far during the day.

The stock had hit a 52-week high of Rs 455.70 on 10 November 2016. The stock had hit a 52-week low of Rs 290.65 on 29 February 2016. The stock had underperformed the market over the past 30 days till 18 January 2017, rising 2.5% compared with the 3.61% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 0.26% as against Sensexs 3.10% decline.

The large-cap company has equity capital of Rs 1268.48 crore. Face value per share is Rs 10.

GAIL (India)s net profit surged 179.84% to Rs 924.65 crore on 15.54% decline in total income to Rs 12194.25 crore in Q2 September 2016 over Q2 September 2015.

State-run GAIL (India) is Indias largest natural gas company with a market share of over 80% in natural gas transmission. Apart from natural gas transmission, distribution and processing, GAIL has diversified business interests in LPG transmission, petrochemicals, city gas projects and exploration and production activities. Government of India (GoI) holds 56.11% stake in GAIL (as per shareholding pattern as on 31 December 2016).

Powered by Capital Market - Live News

IRB Infrastructure Developers fixes record date for interim dividend
Jan 19,2017

IRB Infrastructure Developers has fixed 03 February 2017, as the Record Date for the purpose of payment of Interim Dividend, if declared.

Powered by Capital Market - Live News

GAIL (India) to consider bonus issue and private placement of bonds
Jan 19,2017

GAIL (India) announced that a meeting of the Board of Directors of the Company is scheduled on 25 January 2017, inter alia, to consider issuance of bonus shares and fund raising by issuance of bonds on private placement basis.

Powered by Capital Market - Live News