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

Bajaj Corp to pay interim dividend
Jan 12,2017

Bajaj Corp announced that interim dividend of Rs 11.50 per share will be credited / dispatched to die Equity Shareholders of the Company from 01 February 2017 onwards.

Powered by Capital Market - Live News

Board of Bajaj Corp recommends interim dividend
Jan 12,2017

Bajaj Corp announced that the meeting of the Board of Directors of the Company held on 12 January 2017, inter alia, the Board of Directors have:

1. Recommended an Interim Dividend at the rate of 1150% i.e. Rs. 11.50 per share of Re. 1/- each of the Company.

2. The aforesaid dividend will be credited / dispatched to die Equity Shareholders of the Company from 01 February 2017 onwards.

3. Approved and adopted Business Responsibility Policy in compliance of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulation, 2015.

Powered by Capital Market - Live News

IP Rings fixes record date for rights issue
Jan 12,2017

IP Rings has fixed 17 January 2017 as the Record Date for the purpose of Rights Issue.

Powered by Capital Market - Live News

Board of NHPC declares interim dividend for FY 2017
Jan 12,2017

NHPC announced that the Board of Directors of the Company in its meeting held on 12 January 2017 has declared an interim dividend @ 17% of the face value of Rs. 10 per share (Rs. 1.70 per equity share) on the paid up equity share capital of the Company for the financial year 2016-17. The dividend shall be paid/dispatched within the period as stipulated in Companies Act, 2013.

Powered by Capital Market - Live News

Board of Gorani Industries to consider Q3 results
Jan 12,2017

Gorani Industries announced that the meeting of the Board of Directors of the company will be held on 31 January 2017, to consider and adopt the unaudited quarterly results (provisional) for the third quarter ended as on 31 December 2016.

Powered by Capital Market - Live News

IP Rings surges after fixing record date for rights issue
Jan 12,2017

The announcement was made during market hours today, 12 January 2017.

Meanwhile, the S&P BSE Sensex was up 63.77 points or 0.23% at 27,204.18.

More than usual volumes were seen traded on the counter. On the BSE, 16,034 shares were traded on the counter so far as against the average daily volumes of 4,892 shares in the past one quarter. The stock had hit a high of Rs 255 so far during the day, which is a record high for the counter. The stock had hit a low of Rs 233.20 so far during the day. The stock had hit a 52-week low of Rs 105 on 21 March 2016.

The stock had outperformed the market over the past one month till 11 January 2017, rising 15.88% compared with the Sensex 1.47% gains. The scrip had also outperformed the market in past one quarter, rising 15.71% as against Sensexs 3.35% decline.

The small-cap company has equity capital of Rs 7.04 crore. Face value per share is Rs 10.

IP Rings announced after market hours yesterday, 11 January 2017, that rights issue sub-committee of the company at a meeting held on that day, fixed 23 January 2017 as the rights issue opening date and 6 February 2017 as its closing date.

IP Rings board of directors on 4 January 2017 had approved rights issue in the ratio of four rights equity shares for every five equity shares held on the record date. The rights issue price was fixed at Rs 88.75 per share.

IP Rings reported net loss of Rs 1.40 crore in Q2 September 2016, higher than net loss of Rs 0.45 crore in Q2 September 2015. Net sales rose 56.8% to Rs 42.27 crore in Q2 September 2016 over Q2 September 2015.

IP Rings is an automotive components manufacturer.

Powered by Capital Market - Live News

Coral Newsprints reports standalone net loss of Rs 0.12 crore in the December 2016 quarter
Jan 12,2017

Net loss of Coral Newsprints reported to Rs 0.12 crore in the quarter ended December 2016 as against net profit of Rs 0.05 crore during the previous quarter ended December 2015. Sales rose 9.17% to Rs 3.81 crore in the quarter ended December 2016 as against Rs 3.49 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.813.49 9 OPM %-2.102.58 - PBDT-0.080.09 PL PBT-0.120.05 PL NP-0.120.05 PL

Powered by Capital Market - Live News

S I Capital & Financial Services reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Jan 12,2017

Net loss of S I Capital & Financial Services reported to Rs 0.01 crore in the quarter ended December 2016. There were no net profit/loss reported during the previous quarter ended December 2015. Sales rose 33.68% to Rs 2.58 crore in the quarter ended December 2016 as against Rs 1.93 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.581.93 34 OPM %-0.39-3.11 - PBDT00 0 PBT-0.010 0 NP-0.010 0

Powered by Capital Market - Live News

PALCO reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Jan 12,2017

Net Loss of PALCO reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.12 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

Powered by Capital Market - Live News

South Indian Bank standalone net profit rises 9.59% in the December 2016 quarter
Jan 12,2017

Net profit of South Indian Bank rose 9.59% to Rs 111.38 crore in the quarter ended December 2016 as against Rs 101.63 crore during the previous quarter ended December 2015. Total Operating Income rose 5.07% to Rs 1478.96 crore in the quarter ended December 2016 as against Rs 1407.66 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Total Operating Income1478.961407.66 5 OPM %65.8171.35 - PBDT170.34156.68 9 PBT170.34156.68 9 NP111.38101.63 10

Powered by Capital Market - Live News

Tata Power gains after subsidiary commissions renewable projects
Jan 12,2017

The announcement was made during market hours today, 12 January 2017.

Meanwhile, the S&P BSE Sensex was up 92.57 points or 0.34% at 27,232.98.

On the BSE, 5.16 lakh shares were traded on the counter so far as against the average daily volumes of 3.25 lakh shares in the past one quarter. The stock had hit a high of Rs 79.80 and a low of Rs 77.05 so far during the day. The stock had hit a 52-week high of Rs 84.45 on 24 October 2016 and a 52-week low of Rs 55 on 12 February 2016.

The stock had underperformed the market over the past one month till 11 January 2017, declining 0.13% compared with the Sensex 1.47% gains. The scrip had also underperformed the market in past one quarter, falling 4.76% as against Sensexs 3.35% decline.

The large-cap company has equity capital of Rs 270.46 crore. Face value per share is Re 1.

Tata Power Company said that its wholly owned subsidiary Tata Power Renewable Energy (TPREL) announced the commissioning of 36 megawatts (MW) wind capacity of a 100 MW wind farm, which is under construction at Nimbagallu in Andhra Pradesh, and 49 MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy (WREPL).

With these, the operating renewable energy capacity of TPREL grew to 1,876 MW, comprising 841 MW wind, 915 MW solar, and 120 MW waste heat recovery capacity. In FY 2016, TPREL increased its operational capacity by 1,169 MW.

TPREL completed the acquisition of WREPL last year to become the largest renewable energy company in lndia. In 2016, TPREL has won 320 MW of solar bids, which are under development and will be commissioned in 2017. The company has also added 304 MW wind capacity in 2016, which are under development and construction in Gujarat, Andhra Pradesh, Madhya Pradesh and Karnataka.

On a consolidated basis, Tata Power reported net profit of Rs 336.24 crore in Q2 September 2016, as against net loss of Rs 95.87 crore in Q2 September 2015. Net sales declined 5.6% to Rs 7190.54 crore in Q2 September 2016 over Q2 September 2015.

Tata Power is Indias largest integrated power company with a growing international presence.

Powered by Capital Market - Live News

Sulabh Engineers & Services to announce December quarter results
Jan 12,2017

Sulabh Engineers & Services announced that a meeting of the Board of Directors of the Company will be held on 21 January 2017, inter alia, to consider and approve the unaudited financial results (Stand alone) for the quarter ended on 31 December 2016, and to transact such other business as may be required.

Powered by Capital Market - Live News

Sumeet Industries Board to consider December quarter results
Jan 12,2017

Sumeet Industries announced that a meeting of the Board of Directors of the Company will be held on 23 January 2017, inter alia, to consider and take on record the Standalone and Consolidated Un-Audited Financial Results of the Company for the quarter/nine months ended on December, 2016.

Powered by Capital Market - Live News

Board of Shah Construction Company to announce December quarter results
Jan 12,2017

Shah Construction Company announced that the meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to consider the unaudited financial results, for the quarter ended on 31 December 2016.

Powered by Capital Market - Live News

CRISIL launches a new credit rating system for infra projects
Jan 12,2017

Indias infrastructure sector needs Rs 43 lakh crore of investments over five years ending March 31, 2020, and that domestic corporate bond market will have to pitch in with at least Rs 11 lakh crore out of this because of capital constraints at public sector banks, says CRISIL.

CRISIL believes that there is a need for new innovative structures such as infrastructure debt funds, and credit enhancement mechanisms such as partial guarantees, that would enable long-term investors such as insurers and pension funds to pitch in and bridge the funding gap.

As a step towards innovation, CRISIL, in consultation with the Ministry of Finance and other stakeholders, has developed a new credit rating framework for infrastructure projects that would facilitate greater participation by long-term investors and lenders.

The new credit rating system is based on the expected loss (EL) methodology. Which means, the rating will be an expert judgment on EL over the life of the debt instrument by taking into account the two pillars of credit risk - the probability of default (PD), and the prospects of recovery.

By also factoring in the prospects of recovery after default, the new system will complement conventional credit ratings that convey opinions on PD. By combining the two pillars of credit risk, the new system provides crucial information to investors that is all the more relevant in the context of infrastructure projects, where debt tenures are way shorter than the economic lives of projects, ramp-up periods are unpredictable, and cash flows are volatile because of risks from counterparty, markets and operations.

Long-term investors and the corporate bond market have shied off infrastructure projects in India because of higher perceived risk and lower credit ratings. This is despite the fact that once such projects stabilise, their credit profiles improve significantly. Empirical evidence also shows the risk of default and loss reduces materially after stabilisation. Additionally, many public private partnership projects have embedded safeguards such as termination payments and contractual protection that limit losses to debt investors. By construct, conventional credit rating methodology does not adequately take into account this feature of infrastructure projects. But the new system does, and focusses on recovery of dues to investors and lenders over the lifecycle of an infrastructure project.

Says Somasekhar Vemuri, Senior Director, CRISIL Ratings, n++A rating system based on EL, which takes into account not only the PD, but also the loss given default (LGD), appropriately reflects the unique nature of the infrastructure sector. The new rating scale will provide a valuable input -- in addition to the existing rating scale based on the PD approach -- to investors for effective pricing of debt instruments, and consequently, investment decisions.n++

The ratings will be assigned on a scale from CRISIL INFRA EL1 to CRISIL INFRA EL7, with EL1 having the lowest expected loss and EL7 the highest. It will initially be used to assess completed and operational infrastructure projects. A key point of note is that need for conventional ratings will continue as indicators of default risk, while the new scale provides additional inputs related to recovery over project lifecycle for debt market investors.

Powered by Capital Market - Live News