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

Emmbi Industries incorporates LLP - Emmbi WatCon LLP
Jun 30,2017

Emmbi Industries has incorporated a Limited Liability Partnership in the name of Emmbi WatCon LLP. The main objective of the LLP is to undertake water conservation related contracts.

Powered by Capital Market - Live News

PC Jeweller increases authorised share capital
Jun 30,2017

PC Jeweller announced that the Authorised Share Capital of the Company has increased from Rs 500 crore to Rs 700 crore comprising of 44 crore equity shares of Rs 10 each and 26 crore preference share of Rs 10 each.

Powered by Capital Market - Live News

Federal Bank allots 215,517,241 equity shares
Jun 30,2017

Federal Bank has allotted 215,517,241 equity shares to eligible QIBs at an issue price of Rs 116 per equity share aggregating Rs 2500 crore. Post this allotment, the paid up equity share capital of the Bank has increased to 1,942,288,622 equity shares.

Powered by Capital Market - Live News

Max Ventures and Industries announces cessation of director
Jun 30,2017

Max Ventures and Industries announced the cessation of Sujatha Ratnam as Non- Executive Director of the company w.e.f. 28 June 2017.

Powered by Capital Market - Live News

Kovai Medical Center & Hospital to pay dividend
Jun 30,2017

Kovai Medical Center & Hospital announced that dividend, if declared at the ensuing Annual General Meeting will be paid to the shareholders of the company on or after 12 August 2017.

Powered by Capital Market - Live News

Shares of Containerway International get listed
Jun 30,2017

The equity shares of Containerway International (Scrip Code: 540597) are listed effective 30 June 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

Powered by Capital Market - Live News

Time Technoplast gains after announcing plans for launching composite cylinders
Jun 30,2017

The announcement was made after market hours yesterday, 29 June 2017.

Meanwhile, the BSE Sensex was down 158.56 points, or 0.51%, to 30,698.96. The BSE Mid-Cap index was down 66.09 points, or 0.45%, to 14,486.40.

On BSE, so far 9,835 shares were traded in the counter as against an average daily volume of 1.99 lakh shares in the past one quarter. The stock hit a high of Rs 158.25 and hit a low of Rs 155.10 so far during the day. The stock had hit a record high of Rs 177 on 9 June 2017. The stock had hit a 52-week low of Rs 48.85 on 22 July 2016.

The mid-cap polymer products maker has an equity capital of Rs 22.61 crore. Face value per share is Re 1.

Time Technoplast announced successful trial production and testing of Carbon Fiber based Composite Cylinders for CNG for automotive applications. This has been done for the first time in India. Company has developed 60 litre and 30 litre non-metallic Type-4 Composite Cylinders which are able to withstand burst pressure of over 550 bars. It shortly starts process of getting approval from independent third party and PESO before putting them on field trials.

These LiteSafe Composite Cylinders offer numerous technical and operational advantages over conventional steel cylinders for the same application, Time Technoplast said. Automotive companies are keen to replace metal cylinders with Composite Cylinders to reduce weight and improve upon fuel efficiency. These cylinders are likely to find their way both with OEM and aftermarket. It also has a huge export potential, the company said.

The company is planning to launch these cylinders in second half of the year ending 31 March 2019 (FY 2019) after obtaining necessary approvals and extensive trials, Time Technoplast said.

On a consolidated basis, Time Technoplasts net profit rose 33.45% to Rs 43.05 crore on 25.41% increase in net sales to Rs 810.07 crore in Q4 March 2017 over Q4 March 2016.

Time Technoplast is a leading manufacturer of polymer products. The companys portfolio consists of technically driven innovative products catering to growing industry segments like, industrial packaging solutions, lifestyle products, automotive components, healthcare products, infrastructure / construction related products, material handling solutions & composite cylinders.

Powered by Capital Market - Live News

Time Technoplast gains on plans to launch composite cylinders
Jun 30,2017

The announcement was made after market hours yesterday, 29 June 2017.

Meanwhile, the BSE Sensex was down 158.56 points, or 0.51%, to 30,698.96. The BSE Mid-Cap index was down 66.09 points, or 0.45%, to 14,486.40.

On BSE, so far 9,835 shares were traded in the counter as against an average daily volume of 1.99 lakh shares in the past one quarter. The stock hit a high of Rs 158.25 and hit a low of Rs 155.10 so far during the day. The stock had hit a record high of Rs 177 on 9 June 2017. The stock had hit a 52-week low of Rs 48.85 on 22 July 2016.

The mid-cap polymer products maker has an equity capital of Rs 22.61 crore. Face value per share is Re 1.

Time Technoplast announced successful trial production and testing of Carbon Fiber based Composite Cylinders for CNG for automotive applications. This has been done for the first time in India. Company has developed 60 litre and 30 litre non-metallic Type-4 Composite Cylinders which are able to withstand burst pressure of over 550 bars. It shortly starts process of getting approval from independent third party and PESO before putting them on field trials.

These LiteSafe Composite Cylinders offer numerous technical and operational advantages over conventional steel cylinders for the same application, Time Technoplast said. Automotive companies are keen to replace metal cylinders with Composite Cylinders to reduce weight and improve upon fuel efficiency. These cylinders are likely to find their way both with OEM and aftermarket. It also has a huge export potential, the company said.

The company is planning to launch these cylinders in second half of the year ending 31 March 2019 (FY 2019) after obtaining necessary approvals and extensive trials, Time Technoplast said.

On a consolidated basis, Time Technoplasts net profit rose 33.45% to Rs 43.05 crore on 25.41% increase in net sales to Rs 810.07 crore in Q4 March 2017 over Q4 March 2016.

Time Technoplast is a leading manufacturer of polymer products. The companys portfolio consists of technically driven innovative products catering to growing industry segments like, industrial packaging solutions, lifestyle products, automotive components, healthcare products, infrastructure / construction related products, material handling solutions & composite cylinders.

Powered by Capital Market - Live News

Meghmani Organics to hold AGM
Jun 30,2017

Meghmani Organics announced that the 23th Annual General Meeting (AGM) of the company will be held on 27 July 2017.

Powered by Capital Market - Live News

Makers Laboratories to hold AGM
Jun 30,2017

Makers Laboratories announced that the 32th Annual General Meeting (AGM) of the company will be held on 27 July 2017.

Powered by Capital Market - Live News

Samvardhana Motherson Automotive Systems Group BV issues Notes in European markets
Jun 30,2017

Motherson Sumi Systems announced that its subsidiary, Samvardhana Motherson Automotive Systems Group B.V., Netherlands has priced its new n++ 300 million 7-year (due July 2024) non-call life senior secured Notes offering 1.800% (at 140 bps over mid swaps). This is the fourth successful issue of Notes by SMRP BV and third offering in the European markets. This is also the lowest yield long tenor corporate bond to date from an Indian private sector corporate.

The Notes have been rated BBB- by Fitch and BB+ by S&P following publication of the SMRP BVs credit ratings as BB+ (positive outlook) by S&P and Fitch.

Powered by Capital Market - Live News

Kore Foods to hold board meeting
Jun 30,2017

Kore Foods will hold a meeting of the Board of Directors of the Company on 5 July 2017, to consider and approve Unaudited Financial Results along with Limited Review Report for the Quarter ended 30th June 2017

Powered by Capital Market - Live News

IND Renewable Energy to hold board meeting
Jun 30,2017

IND Renewable Energy will hold a meeting of the Board of Directors of the Company on 4 July 2017.

Powered by Capital Market - Live News

CDSL in focus on debut
Jun 30,2017

Shares of Central Depository Services (India) (CDSL) will make its stock market debut today, 30 June 2017. The company had issued shares at Rs 149 per share, the top end of the Rs 145 to Rs 149 per share price band for the initial public offering (IPO). The IPO of CDSL received bids for 422.45 crore shares, NSE data showed. The IPO was subscribed 170.16 times. The IPO opened for bidding on 19 June 2017 and closed yesterday, 21 June 2017.

Category wise, the qualified institutional buyers (QIBs) category was subscribed 148.71 times. The non institutional investors (NIIs) category was subscribed 563.03 times. The retail individual investors (RIIs) category was subscribed 23.83 times.

Aditya Birla Capital (ABCL) entered into a definitive Share Subscription Agreement (SSA) with PI Opportunities Fund - 1 (the Fund), an affiliate of Premji Invest, a Private Equity fund in India. As per the SSA, the Fund will subscribe to about 2.2% of the post Scheme fully diluted equity share capital of ABCL. The proposed transaction values ABCL at Rs 32000 crore on a post money basis. The announcement was made after market hours yesterday, 29 June 2017.

Shares of new entrants in F&O segment will be in focus. Chennai Petroleum Corporation (lot size 1,500 shares), ICICI Prudential Life Insurance (lot size of 1,300 shares), Manappuram Finance (lot size of 6,000 shares), Repco Home Finance (lot size of 700 shares) and SREI Infrastructure Finance (lot size of 5,000 shares) will enter the derivative segment from today, 30 June 2017 on the NSE. Inclusion in F&O will help investors hedge their underlying positions.These stocks will not attract the circuit filter in intra-day trading.

Time Technoplast after market hours yesterday, 29 June 2017, announced successful trial production and testing of carbon fiber-based composite cylinders for CNG for automotive applications. The company has developed 60 ltr & 30 ltr non-metallic Type-4 composite cylinders which are able to withstand burst pressure of over 550 bars exceeding the requirement of ISO 11439 & IS15935: 2011.

Automotive companies are keen to replace metal cylinders with composite cylinders to reduce weight and improve upon fuel efficiency. These cylinders are likely to find their way both with OEM and aftermarket. It also has a huge export potential, the company said in a statement. The company added that it is planning to launch these cylinders in second half of financial year ending March 2019 after obtaining necessary approvals and extensive trials.

IndusInd Bank announced after market hours yesterday, 29 June 2017 that it inaugurated a new branch in Kota, Rajasthan. With this, the bank now has 94 branches in Rajasthan.

SRF announced after market hours yesterday, 29 June 2017, that its board of directors resolved to offer and issue listed, secured, redeemable, non-convertible debentures (NCDs) aggregating up to Rs 300 crore, on a private placement basis.

Powered by Capital Market - Live News

Asia Pacific Market: Stocks close higher with central banks in spotlight
Jun 29,2017

Asia Pacific share market closed firmly higher on penultimate session of the month and week, Thursday, 29 June 2017, mirroring strong finish of the Wall Street overnight and further gains in commodity markets.

The US market rallied overnight after the Federal Reserve ratified plans from US banks to use extra capital for stock buybacks and dividends. The Dow Jones Industrial Average rose 143.95 points, or 0.68 percent, to 21,454.61, the S&P 500 gained 21.31 points, or 0.88 percent, to 2,440.69 and the Nasdaq Composite added 87.79 points, or 1.43 percent, to 6,234.41.

The Federal Reserve gave the green light to plans by all 34 large US lenders seeking to provide big payouts to shareholders after the firms passed annual stress tests. Fed boss Janet Yellen has also said its shift to tighter monetary policy is on track while other central bank chiefs signalled similar moves were in view. Central bankers around the world signalled that interest rates may need to rise with the global economy solid enough to withstand tighter financial conditions.

Oil prices gained for the sixth straight session. Brent crude futures rose 0.7 percent to trade at $47.64 a barrel and U.S. West Texas Intermediate added 0.78 percent to trade at $45.09.

Among Asian bourses

Australia Market climbs on financials, miners

Australian equity market finished session in the highest level in two weeks, on mirroring solid gains on Wall Street overnight and further gains in commodity markets, with shares of banks and miners leading rally. At the close, the S&P/ASX 200 was 1.1% higher at 5818.1 points, Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 747 to 427 and 414 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 8.40% to 11.855.

The materials sector received support from higher commodity prices. Oil futures climbed more than 1% on Wednesday to their highest in more than a week while Chinas iron ore rallied more than 3%. BHP Billiton added 2.6% and Rio Tinto 3.3%. Diversified miner South32 was 2.6% higher Among energy stocks, Woodside Petroleum was up by 1.7%, Oil Search jumped 4.6% and Santos was 3% stronger.

The big banks saw strong buying on tracking gains on the US financials. Financial stocks were on the rise across Asia after major U.S. financial institutions received Federal Reserve approval to lift dividend payouts and share buybacks. Commonwealth Bank rose 1.6%, Westpac 2%, Australia & New Zealand Bank 2.4%, and National Australia Bank 2.2%. Investment bank and asset manager Macquarie rebounded 2.2% from losses the last four sessions running.

Nikkei nears 2-year high

The Japan share market finished session near two-year peak on tracking rally in the Wall Street overnight, with exporters and financials being major gains, thanks to the yens retreat against the U.S. dollar and rally in US financial peers after Federal Reserve ratified plans from US banks to use extra capital for stock buybacks and dividends. The 225-issue Nikkei Stock Average added 0.45%, or 89.89 points, to 20,220.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 0.60%, or 9.70 points, to 1,624.07.

Financial shares got a lift after the Federal Reserve gave the green light to plans by all 34 large US lenders seeking to provide big payouts to shareholders after the firms passed annual stress tests. Fed boss Janet Yellen has also said its shift to tighter monetary policy is on track while other central bank chiefs signalled similar moves were in view. Banking giant Mitsubishi UFJ Financial jumped 1.07% to 755.2 yen, while rivals Mizuho Financial rose 0.83% to 205.7 yen and Sumitomo Mitsui climbed 1.20% to 4,366 yen.

Shares of export-related issues gained after the dollar stood tall against the yen. The dollar was holding firm at 112.26 yen against 112.32 yen in New York. Sony rose 0.85% to 4,365 yen and SoftBank was up 0.64% to close at 9,252 yen. Nintendo jumped 2.40% to 38,780 yen on hopes for its game console sales.

Japans preliminary retail sales data from the Ministry of Economy, Trade and Industry released on Thursday, showing retail sales rose 2.0% on year in May for the seventh straight year-on-year rise after +3.2% in April as higher temperatures pushed up demand for summer clothing and the lingering effects of new models continued to support automobile sales

China Stocks up resources rally

The Mainland China equity market closed higher, as risk sentiments buoyed by easing fears of a quarter-end liquidity crunch in the banking system, as well as a rise in the yuan, which assuaged concerns about capital outflows. Most of the SSE sectors climbed with shares of commodity-linked players being major gainers driven by strong gains in raw material. The blue-chip CSI300 index rose 0.62%, to 3,668.83 points, while the Shanghai Composite Index gained 0.47% to 3,188.06 points.

The raw material sector firmed as global commodity prices rose on the back of a weaker U.S. dollar. Aluminium Corp rose about 2%, China Molybdenum increased more than 3 precent and copper maker Jiangxi Copper firmed 1%.

Shares in Chinas coal miners were particularly strong, as the country said it will ban coal imports at small ports from July 1, boosting Chinas coking coal futures. Shanxi Coking surged the maximum allowed 10%, while Shanxi Xishan Coal jumped 4.4%.

Chinas current account surplus expanded in the first quarter compared to the previous quarter, as the goods trade surplus improved, the State Administration of Foreign Exchange (SAFE) announced on Thursday. The current account surplus rose to $18.4 billion in the January-March period from the $11.8 billion surplus posted in the fourth quarter of last year but was well below the $39.3 billion surplus in the same quarter a year ago, according to SAFE.

Financials lift Hong Kong stocks

The Hong Kong stock market ended stronger, mirroring gains on the Wall Street overnight and Mainland China bourses today. Meanwhile, buying spirit was also aided by speculation that the Chinese government would unveil supportive policies as President Xi Jinping visits the former British colony to commemorate the 20th anniversary of Hong Kongs handover to China on July 1. The Hang Seng Index ended up 281 points to 25,965. The H-share index also rose 23 points to 10,432. Turnover increased to HK$80.9 billion from HK$77 billion on Wednesday.

Financial shares got a lift after the Federal Reserve gave the green light to plans by all 34 large US lenders seeking to provide big payouts to shareholders after the firms passed annual stress tests. The rally in the HK financial was also supported by expectations that China will announce more measures to link its markets with Hong Kongs, benefiting investment banks and brokerages. HSBC (00005) shot up 6.28% to HK$72.8 after Morgan Stanley upgraded the stock to overweight from equal weight and raised its target price to HK$84, becoming the top blue-chip gainer.

Chinese property players gained broadly. Sunac (01918) rallied 5.15% to HK$15.52. Evergrande (03333) put on 2.36% to HK$13.88. CIFI Holdings (00884) jumped 8.31% to HK$3.39. China SCE Property (01966) surged 8.01% to HK$3.37 after Citi Research initiated a buy rating.

Geely Auto (00175) picked up 4.73% to HK$17.28 after BOCOM International raised its target price by 34% to HK$22.15.

Indian Market ends with small gains

Indian market losed with marginal gains amid volatility as traders rolled over positions in the futures & options (F&O) segment from the near month June 2017 series to July 2017 series. The barometer index, the S&P BSE Sensex, rose 23.20 points or 0.08% to settle at 30,857.52. The Nifty 50 index rose 12.85 points or 0.14% to settle at 9,504.10. The Sensex settled below the psychological 31,000 level after slipping below that level in afternoon trade. Metal and realty sector stocks advanced.

Market opened on a positive note and traded with modest gains till early afternoon trade as investors sentiment was positive ahead of nation-wide rollout of the ambitious indirect tax reform the Goods and Services Tax (GST) with effect from 1 July 2017. However, indices pared gains later only to make partial recovery in mid-afternoon trade. Later, indices once again pared all the intraday gains to settle near the flat line.

Axis Bank rose 3.48% at Rs 511.70 after the bank said its board of directors yesterday, 28 June 2017, approved the allotment of non-convertible debentures (NCDs) of face value of Rs 10 lakh each for cash at par aggregating to Rs 3500 crore, on a private placement basis. The perpetual debentures with a 5 year call are priced at a fine coupon rate of 8.75%. The announcement was made after market hours yesterday, 28 June 2017.

National Aluminium Company (Nalco) rose 0.77% after the Ministry of Mines said that the central government is working to expand capacity of the company to make it a major producer of aluminium globally. The Ministry of Mines made the announcement after market hours yesterday, 28 June 2017. JSW Steel rose 3.85% after the company said it proposed slurry pipe line to transport iron ore and coal in Karnataka. The announcement was made during market hours today, 29 June 2017. This slurry pipeline can be set up within 24 months at an estimated cost of Rs 2100 crore. This will facilitate transporting iron ore through slurry pipeline at a very competitive 15% cost of alternate means of transport. This strategic project will enable the company to source almost 50% of the current requirement of iron ore at Vijayanagar works from outside Karnataka either from imports or from Odisha/eastern sector at prices lower than the prevailing prices in Karnataka.

Elsewhere in the region, South Koreas benchmark Kospi index traded higher by 0.55 percent or 13.1 points to close at 2,395.66. Indonesian markets remain closed today.

Powered by Capital Market - Live News