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

Bhansali Engineering Polymers standalone net profit rises 37.22% in the December 2016 quarter
Feb 06,2017

Net profit of Bhansali Engineering Polymers rose 37.22% to Rs 3.06 crore in the quarter ended December 2016 as against Rs 2.23 crore during the previous quarter ended December 2015. Sales rose 6.06% to Rs 122.95 crore in the quarter ended December 2016 as against Rs 115.93 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales122.95115.93 6 OPM %7.424.70 - PBDT7.273.37 116 PBT5.902.24 163 NP3.062.23 37

Powered by Capital Market - Live News

Rupee opens the week on a strong note
Feb 06,2017

Rupee opened the week on a stronger note closing at 67.19/20 per dollar on Monday (06 February 2017), higher than its previous close of 67.31/32 per dollar last Friday.

Powered by Capital Market - Live News

Asia Pacific Market: Shares gain on Wall Street cue
Feb 06,2017

Asia Pacific share market climbed on Monday, 06 February 2017, taking their cue from stronger US markets after President Donald Trump signed executive orders to review banking rules implemented after the 2008 global financial crisis.

Trump ordered on Friday for reviews of major banking rules, including the Dodd-Frank Wall Street Reform and Consumer Protection Act that were put in place after the 2008 financial crisis, hinting at looser banking regulation in the future.

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed by former President Barack Obama in 2010 as a response to the financial crisis. The Act created new regulatory bodies and directed already-existing agencies to write hundreds of regulations aimed at creating stability in the financial markets. Theres an expectation that some of the global banking regulations might also lighten because they dont want to put global banks at disadvantage to the US banks.

President Donald Trump on Friday signed a memorandum ordering a review of the Dodd-Frank Act, the post-financial crisis regulatory overhaul that had guided regulators such as the Federal Reserve. The aim was n++cutting a lot outn++ of those rules, Mr Trump said at the White House.

Patrick McHenry, vice-chairman of the Republican-controlled Financial Services Commission, also wrote to US Federal Reserve chairwoman Janet Yellen last week saying the Fed n++must ceasen++ all efforts to negotiate binding standards such as the Basel accords governing bank capital until Mr Trump could appoint his own people.

Those occurred as expectations among investors of higher interest rates, less regulation and stronger economic growth stoked optimism banks would be able to return more capital to shareholders. While there is no guarantee the banks will do so, they have been eager in recent years to return capital as their profits have grown and their balance sheets have become less risky.

The six biggest US banks could return more than $US100 billion in capital to investors through dividends and share buybacks if the Trump administration succeeds in a push to loosen bank regulation.

Among Asian bourses

Australia Market ends down

Australian equity market ended tad lower, as losses in materials and resources offset gains in financial stocks on US President Donald Trumps order to review banking regulations. At the closing bell, the benchmark S&P/ASX 200 index slid 6 points, or 0.11%, to 5615.60, while the broader All Ordinaries index sank 7.10 points, or 0.13%, to close at 5665.40.

Financials dominated gains on following strength in US peers after US President Trump ordered reviews of major banking rules, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, that were put in place after the 2008 financial crisis on Friday, hinting at looser banking regulation in the future. National Australia Bank ended 0.8% higher, even after it reported first-quarter cash earnings of A$1.6 billion, in line with expectations. Its cash profit fell 1%.

Materials stocks faltered, with index heavyweights BHP Billiton and South32 ending the session down 1.1% and 4.4%, respectively, on reports January iron ore shipments to China from Australias Port Hedland terminal, used by BHP and Fortescue Metals Group, were cut by 7.8% due to shipping interruptions caused by stormy weather. BHP also solicited government mediation with workers at its Escondida mine in Chile in a bid to avoid a strike.

Meanwhile, gold miners jumped as the yellow metal rose after a mixed U.S. jobs data dampened expectations the Federal Reserve would raise interest rates next month, hurting the dollar. The countrys biggest gold producer Newcrest Mining finished 2.5% higher.

Japan Stocks gain on firm US cues

The Japan share market settled higher, on following positive lead from Wall Street on Friday after U.S. President Donald Trumps executive order to start a review of financial system regulations and stronger-than-expected January U.S. employment data. However, the yen ascent against greenback and position-adjustment selling ahead of a summitn++ between Japanese Prime Minister Shinzo Abe and Trump in Washington on Friday capped gains on the market. The 225-issue Nikkei average rose 58.51 points, or 0.31%, to end at 18,976.71. The Topix index of all first-section issues closed up 5.43 points, or 0.36%, at 1,520.42.

Financials were upbeat after their peers in the U.S. market attracted hefty buying following Trumps executive order. The easing of financial regulations in the US is likely to work in Japanese financials favour as well. Mitsubishi UFJ Financial rose 3.38% at 754.7 yen and Sumitomo Mitsui Financial added 1.63% to 4,485 yen. Top brokerage Nomura climbed 1.22% to 741.2 yen.

Auto giant Toyota ended up 0.74% at 6,493 yen while Suzuki fell 0.48% to 4,476 yen just before the two companies announced they would begin detailed discussions on a business partnership. Honda jumped 2.04% to 3,493 yen after it revised up its full-year outlook thanks to a weaker yen.

Takata, which is at the centre of the biggest-ever auto safety recall, plunged by its daily limit of 18.65% to 436 yen. The dive came after a weekend report that Key Safety Systems, a US company acquired by Chinas Ningbo Joyson Electronic last year, has been selected as the favoured candidate to help rehabilitate the troubled airbag maker.

China Equities close up

Mainland China stock market finished session higher, with sentiment buoyed by reported progress in restructuring state-owned enterprises (SOE). A firmer Wall Street close on Friday also supported sentiment. However, gain was limited due to central banks surprise move to raise short-term interest rates late last week. The blue-chip CSI300 index, which tracks large companies in Shanghai or Shenzhen, was up 0.26% to close at 3,373.21. The Shanghai Composite Index added 0.54% to close at 3,156.98. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.93% to 1927.57. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, rose 1.26% to 1,900.45 points.

The Shanghai SOEs Index gained, fuelled by reports that ownership reforms at more than 100 Chinese central government-run enterprises would be completed by the end of this year.

Agricultural stocks rallied strongly, after the country said it would further boost farm reform. The CSI Agriculture Sub-industry Index gained 1.1%.

Sectors sensitive to interest rate ended mixed after the central banks unexpected tightening on Friday kept investors cautious. Chinas central bank surprised financial markets on Friday by raising short-term interest rates on the first trading day after the Lunar New Year holiday, in a reaffirmation of policy tightening as the economy shows signs of steadying.

Insurance firms, heavily invested in fixed income, rebounded on bargain-hunting despite renewed falls in treasury prices. Heavyweights China Life Insurance Co Ltd and Ping An Insurance Group Co of China Ltd added 2.3% and 1% respectively.

Hong Kong Stocks gain on US economic hopes

The Hong Kong stock market closed higher, with investors sentiments buoyed by solid US job growth and President Donald Trumps move to roll back financial regulations. The Hang Seng Index was up 0.95% or 219.03 points to close at 23,348.24. The Hang Seng China Enterprises index, or the H-share index, jumped 1.62% or 157.03 points to 9,840.26. Turnover increased to HK$69.4 billion from HK$58.3 billion on Friday. Among the 50 blue chips, 34 rose and 12 fell, with 4 stocks remaining unchanged.

Banks stocks rallied after the US president Donald Trump ordered review of banking regulations that were imposed after 2008 financial crisis. HSBC (00005) rose 0.8% to HK$66.35. Standard Chartered (02888) added 2.4% to HK$78.9. BOCHK (02388) put on 1.8% to HK$31. Hang Seng Bank (00011) gained 1.1% to HK$161.

Shares of insurance companies gained on reports Chinas President of National Council for Social Security Fund (NSSF) Lou Jiwei said that pension funds from a number of provinces are ready for operation. China Life (02628) soared 7.5% to HK$23. Ping An (02318) gained 4.6% to HK$40.05. CPIC (02601), and NCI (01336) rose 5.7% and 6.8% to HK$28.8 and HK$39.5.

GAC Group (02238) soared 7% to HK$11.78 after Credit Suisse said in a research report that sales of GACs Trumpchi were strong. The research house reiterated its outperform rating and HK$14.5 target price. Geely Auto (00175) jumped 5.2% to HK$10.26. Dongfeng Motor (00489) climbed 3% to HK$8.51. Great Wall Motor (02333) shot up 3.3% to HK$8.35.

Indian equities rise for 4th straight session

Indian benchmark indices settled with decent gains today. The mood was lifted by the expectations that the Reserve Bank of India may cut policy rates by 25 basis points in its next policy review announcement later this week on 8 February 2017. The barometer index, the S&P BSE Sensex, rose 198.76 points or 0.70% to settle at 28,439.28. The Nifty 50 index rose 60.10 points or 0.69% to settle at 8,801.05.

Realty stocks continued their upward journey, buoyed by the infrastructure status to affordable housing in the Budget 2017-18 to encourage investment in the segment, which also came out with tax sops for developers to complete inventories. In the realty space, HDIL soared 7.80%, Godrej Properties 3.32%, Prestige Estates Projects 2.83% and DLF 1.32%.

Sugar stocks spurted as sugar prices hovered near seven year high. Rana Sugars (up 15.64%), Shree Renuka Sugar (up 12.54%), KCP Sugar & Industries Corporation (up 11.08%), Upper Ganges Sugar & Industries (up 3.20%), Balrampur Chini Mills (up 2.74%), EID Parry (India) (up 0.73%) and Bajaj Hindusthan Sugar (up 0.21%). Weak local sugar output and firm global cues are keeping local sugar prices supported near a seven year high around Rs 4000 per quintal. As on 31st January, 2017, sugar mills in the country have produced 128.55 lac tons of sugar, as compared to 142.80 produced last season on the corresponding date. About 334 sugar mills are still operating in the current sugar season, whereas 494 sugar mills were operating last year at the end of January.

Drug major Dr Reddys Laboratories fell 1.49% to Rs 3,094.80 after consolidated net profit fell 15.95% to Rs 492.30 crore on 5.43% fall in total income to Rs 3763.50 crore in Q3 December 2016 over Q3 December 2015. The result was announced on Saturday, 4 February 2017.

Cement major ACC gained 3.78% to Rs 1,480.35. The companys consolidated net profit sliding 44.98% to Rs 56.34 crore on 6.13% fall in total income to Rs 2751.57 crore in Q4 December 2016 over Q4 December 2015. The result was announced after market hours on Friday, 3 February 2017.

Powered by Capital Market - Live News

Hong Kong Stocks gain on US economic hopes
Feb 06,2017

The Hong Kong stock market closed higher on Monday, 06 February 2017, with investors sentiments buoyed by solid US job growth and President Donald Trumps move to roll back financial regulations. The Hang Seng Index was up 0.95% or 219.03 points to close at 23,348.24. The Hang Seng China Enterprises index, or the H-share index, jumped 1.62% or 157.03 points to 9,840.26. Turnover increased to HK$69.4 billion from HK$58.3 billion on Friday. Among the 50 blue chips, 34 rose and 12 fell, with 4 stocks remaining unchanged.

Powered by Capital Market - Live News

China Equities close up
Feb 06,2017

Mainland China stock market finished session higher on Monday, 06 February 2017, with sentiment buoyed by reported progress in restructuring state-owned enterprises (SOE). A firmer Wall Street close on Friday also supported sentiment. However, gain was limited due to central banks surprise move to raise short-term interest rates late last week. The blue-chip CSI300 index, which tracks large companies in Shanghai or Shenzhen, was up 0.26% to close at 3,373.21. The Shanghai Composite Index added 0.54% to close at 3,156.98. The Shenzhen Composite Index, which tracks stocks on Chinas second exchange, added 0.93% to 1927.57. The ChiNext Index, which tracks Chinas NASDAQ-style board of growth enterprises, rose 1.26% to 1,900.45 points.

Powered by Capital Market - Live News

Japan Stocks gain on firm US cues
Feb 06,2017

The Japan share market settled higher on Monday, 06 February 2017, on following positive lead from Wall Street on Friday after U.S. President Donald Trumps executive order to start a review of financial system regulations and stronger-than-expected January U.S. employment data. However, the yen ascent against greenback and position-adjustment selling ahead of a summitn++ between Japanese Prime Minister Shinzo Abe and Trump in Washington on Friday capped gains on the market. The 225-issue Nikkei average rose 58.51 points, or 0.31%, to end at 18,976.71. The Topix index of all first-section issues closed up 5.43 points, or 0.36%, at 1,520.42.

Powered by Capital Market - Live News

MHCV Sales - At the Edge of a Precipice
Feb 06,2017

The medium and heavy commercial vehicle (MHCV) segment will post a steep decline in volumes in FY18, due to slowing replacement demand, weak industrial activity, rising diesel prices and overcapacity, says India Ratings and Research (India Ratings). Despite the FY18 budget focus on the rural sector India Ratings does not expect a substantial increase in rural demand for CVs. Weak sales volume trends as well as macro-economic trends observed in FY17 for the MHCV segment could lead to the fall in volumes in FY18. The decline in MHCV volumes in the April to December 2017 period is around 2% yoy. The agency however does not expect a significant reduction in domestic MHCV volumes in FY17 due to certain exceptional demand drivers.

Despite the governments commitment to double rural incomes in the next five years and the high allocation for rural agriculture and allied sectors in FY18 of INR1,812 billion, Ind-Ra does not expect a material increase in rural demand for CVs. Transporters would primarily base their purchase decisions on the demand-supply position in the road transportation space in their respective regions and the extent to which it will be possible to deploy the trucks.

Lack of Support in FY18: The agency believes that replacement demand, a key driver of MHCV sales in FY16 and FY15 has largely depleted. Given the continued uncertainty on the industrial front, the agency expects freight rates to remain flat. Any further rise in diesel prices, may squeeze margins of transporters/fleet operators. The >25 ton capacity segment of MHCVs was the driver of volumes in FY16 but has declined very sharply in FY17, suggesting overcapacity in the road transportation industry. India Ratings believes that the demonetisation drive has impacted the second hand CV market (significant proportion of transactions take place in cash) impeding the efforts of fleet operators to sell their old vehicles to raise funds for part-funding of their new CV purchases. In addition, the level of industrial activity as reflected in the Index of Industrial Production (IIP) remains inconsistent, declining from March 2016.

Ind-Ra believes that the implementation of Goods and Service Tax (GST) in FY18 would reduce transportation time significantly as goods will be transported freely from one state to another bypassing various check points and octroi posts. There would create additional spare capacity in the road transportation sector, creating a drag on new MHCV sales.

Factors Supporting MHCVs in FY17: In the current financial year MHCV sales, especially in the higher tonnage segments were supported to an extent by the 31 December 2015 notification by the National Highways Authority of India to toll plazas to levy a toll of 10 times the usual toll on overloaded trucks and to release the vehicle only after ensuring that the excess load is removed. India Ratings does not believe that this factor would support vehicle sales for an extended period, considering that large fleet operators have already been investing in heavier vehicles to optimise operating cost.

India Ratings believes another factor supporting MHCV sales in FY17 is the implementation of Bharat Stage IV emission norms across India from 1 April 2017. This would increase vehicle costs by upto INR100,000 for incorporating changes to the power train to improve fuel efficiency and reduce emissions, and there would also be certain recurring costs to ensure BSIV compliance in terms of the purchase of diesel exhaust fluid, which would cause a marginal increase in operating costs. As a result, there are likely to be some pre-emptive purchases in Q4FY17 which would support MHCV sales volumes in the current financial year.

Drivers for MHCV sales in FY15, FY16: Replacement demand as well as the decline in diesel prices had led to improvement in cash flows for transporters as the freight rates didnt reduced commensurately. The agency in its outlook FY17 report Sustained Revival Likely in Car Demand; Stable Outlook Maintained for Auto for FY17 highlighted that MHCV volume growth in FY16 was driven by sales of high tonnage goods carriers. This was possibly on account of fleet operators trying to lower their per ton transportation costs by relying on high tonnage vehicles to transport higher quantum of cargo in each trip. This was facilitated by the improvement in road infrastructure in the country, particularly along the golden quadrilateral.

In the same report the agency had also highlighted the lack of supporting factors to maintain MHCV sales growth at rates witnessed in FY6 (in view of inconsistent IIP trend) and had indicated the likelihood of a reduction in the growth rate of MHCVs in FY17.

Powered by Capital Market - Live News

Concor gains as board to consider issue of bonus shares
Feb 06,2017

The announcement was made during market hours today, 6 February 2017.

Meanwhile, the S&P BSE Sensex was up 193.77 points or 0.69% at 28,434.29

On BSE, so far 1.41 lakh shares were traded in the counter as against average daily volume of 24,361 shares in the past one quarter. The stock hit a high of Rs 1,298.95 and a low of Rs 1,207.95 so far during the day. The stock had hit a 52-week high of Rs 1,544 on 2 August 2016. The stock had hit a 52-week low of Rs 1,050.85 on 12 February 2016.

The large-cap company has equity capital of Rs 194.97 crore. Face value per share is Rs 10.

Container Corporation of India (Concor)s net profit dropped 31.87% to Rs 157.84 crore on 8.2% decline in net sales to Rs 1378.61 crore in Q2 September 2016 over Q2 September 2015.

Concor provides logistics solutions. It has the largest network of inland container depots (ICDs)/container freight stations in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain. The Government of India (GoI) holds 56.75% stake in Concor (as per the shareholding pattern as on 31 December 2016).

Powered by Capital Market - Live News

Tripartite MoU for Implementation of Tourism Projects In Jammu & Kashmir signed among M/o of Tourism, M/s NPCC & NBCC and Govt of J&K
Feb 06,2017

A Tripartite Memorandum of Understanding (MoU) for implementation of Tourism projects in Jammu and Kashmir was signed among Ministry of Tourism, M/s NPCC & NBCC and Government of Jammu and Kashmir here today. The MoU was signed in the presence of Shri Vinod Zutshi, Secretary, M/o Tourism and the signatories for the MoU included :

n++ Shri. Suman Billa, Joint Secretary , Ministry of Tourism ;

n++ Shri. Shamim Ahmad Wani, Managing Director, J&K Cable Car Corporation ;

n++ Shri. K K Sharma, Executive Director, M/s NPCC ; and

n++ Shri. Alok Rastogi, Chief General Manager (BD), M/s NBCC

The Prime Minister announced the Development Package (Reconstruction Plan) for Jammu and Kashmir on 7.11.2015. The details of all proposals included in the Development Package for Tourism are as under:

S. No.ProjectsProposed Central Assistance(Rs.Crore)New Initiative1Development of Tourism in the State (Rs.400 cr for 5 years) - New Projects20002Construction of Govt.Tourist assets in lieu of damaged/ destroyed assets100Total2100On going and Existing Projects- Budget required PMRP 20043(i) 12 Development Authorities, 3 Circuits, Setting up of 50 Tourist villages proposed under PMRP 2004 and

(ii)Conservation of Wular Lake

81.85

 

59.15

The Ministry of Tourism under the new initiative - Development of Tourism in the State- New Projects has sanctioned following projects to M/s NPCC and NBCC in the State of J&K for implementation in September 2017:

-+         Integrated Development of Tourist facilities at Gulmarg -Baramulla -Kupwara- Leh to M/s NBCC for Rs. 96.92 Crore.

-+         Integrated Development of Tourist facilities at Mantalai-Sudhmahadev- Patnitop in Jammu & Kashmir to M/s NPCC for Rs.  97.82 Crore.

Major components sanctioned under the projects are Yoga centre, wellness SPA, Log Huts, heliports, Open air theatre, walking trail, landscaping, solar lighting, solid waste management & public amenities etc.

Powered by Capital Market - Live News

Ishan Dyes & Chemicals fixes record date for bonus issue
Feb 06,2017

Ishan Dyes & Chemicals has fixed 15 February 2017 as the record date for the purpose of ascertaining list of shareholders who are eligible for issue and allotment of 37,54,900 Bonus Equity Shares of Rs. 10/- each in the proportion of 1 (One) new Bonus Equity Share of Rs. 10/- (Rupees Ten only) each fully paid up for every 2 (Two) existing Ordinary Equity Shares of Rs. 10/- (Rupees Ten only) each fully paid up of the Company.

Powered by Capital Market - Live News

Allied Computers International (Asia) fixes record date for consolidation of shares
Feb 06,2017

Allied Computers International (Asia) announced that the Company has fixed 30 February 2017 as a Record Date for the purpose of Consolidation of equity shares (Face value from Re. 1/- to Rs.10/- per equity share).

Powered by Capital Market - Live News

SNL Bearings to pay interim dividend
Feb 06,2017

SNL Bearings announced that the interim dividend of Rs. 3.00/- per equity share of Rs. 10/- each will be paid/dispatched to the shareholders on or before 05 March 2017.

Powered by Capital Market - Live News

Board of SNL Bearings declares interim dividend
Feb 06,2017

SNL Bearings announced that at the Board Meeting held on 06 February 2017, the Board has approved the following:

- Declaration of interim dividend for the Financial Year 2016-2017 @ Rs.3.00/- per equity share of Rs. 10/- each.

The interim dividend of Rs. 3.00/- per equity share of Rs. 10/- each will be paid/dispatched to the shareholders on or before 05 March 2017.

Powered by Capital Market - Live News

Moodys Liquidity-Stress Index rises in January; overall credit conditions supportive for spec-grade firms
Feb 06,2017

Moodys Liquidity-Stress Index (LSI) rose in January after nine months of gains that have occurred largely in tandem with the steady easing of strains in the energy sector, the rating agency says in its most recent edition of SGL Monitor Flash. The LSI came in at 6.2% last month, against 5.9% in December and a long-term average of 6.8%.

Moodys Liquidity-Stress Index falls when corporate liquidity appears to improve and rises when it appears to weaken.

The increase in the LSI in January resulted from four downgrades related to 2018 maturities and operational weakness that increased covenant violation risk, said Senior Vice President John Puchalla. More broadly, however, credit conditions remain supportive of speculative-grade companies as a relatively healthy US economy continues to bolster cash flows.

In addition, a steady stream of new speculative-grade issuance has been helping companies across the rating spectrum to address their refinancing and other balance-sheet needs, Puchalla says. High-yield bond issuance totaled a relatively healthy $24 billion last month, against $8 billion a year ago. Leveraged loan issuance was also strong.

Januarys four speculative-grade liquidity (SGL) rating downgrades were notable because they were all outside the energy sector, with companies in the retail/restaurants, chemicals, and paper and forest products sectors impacted. The downgrades were all also to Moodys lowest liquidity rating, SGL-4. While most spec-grade companies have been busy refinancing, a few face maturity-related stresses. Paper & forest products concern Appvion, Inc., for example, was downgraded to SGL-4 due partly to a revolver maturing in June 2018 and weak EBITDA.

Refinancings have continued to fuel upgrades, Moodys says. Energy companies are benefiting from higher oil prices, with exploration and production concern MEG Energy Corp., for instance, seeing an upgrade on the back of better oil prices and a debt refinancing. Chemical company Koppers Holdings Inc.s SGL rating was also raised in January due in part to a refinancing.

Powered by Capital Market - Live News

Abbott India jumps after decent Q3 results
Feb 06,2017

The result was announced during trading hours today, 6 February 2017.

Meanwhile, the BSE Sensex was up 227.54 points, or 0.81%, to 28,468.06.

On the BSE, so far 2,687 shares were traded in the counter, compared with average daily volumes of 430 shares in the past one quarter. The stock had hit a high of Rs 4,675.50 and a low of Rs 4,450 so far during the day.

The stock hit a 52-week high of Rs 5,220 on 4 March 2016. The stock hit a 52-week low of Rs 4,351 on 24 January 2017.

The mid-cap company has equity capital of Rs 21.25 crore. Face value per share is Rs 10.

Abbott India, a subsidiary of Abbott Laboratories, offers medicines in multiple therapeutic categories such as womens health, gastroenterology, cardiology, metabolic disorders and primary care. Abbott India is part of Abbotts global pharmaceutical business in India.

Powered by Capital Market - Live News