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

Trident gets upgradation in credit ratings for bank facilties
Oct 13,2016

Trident announced that CARE upgraded ratings for bank facilities as follows -

Long term bank facilities (Rs 2334.85 crore) - CARE A (Revised from CARE A-)

Long term / short term bank facilities (Rs 1200 crore) - CARE A / CARE A1 (Revised from CARE A-/ CARE A2+)

Short term bank facilities (Rs 350 crore) - CARE A1 (Revised from A2+)

Powered by Capital Market - Live News

KEC International gains after securing new orders
Oct 13,2016

The announcement was made on Wednesday, 12 October 2016. The stock market was shut on Wednesday, 12 October 2016.

Meanwhile, the S&P BSE Sensex was down 227.46 points or 0.81% at 27,854.88.

On BSE, so far 66,355 shares were traded in the counter as against average daily volume of 75,835 shares in the past one quarter. The stock hit a high of Rs 130.15 and a low of Rs 127 so far during the day. The stock had hit a 52-week high of Rs 164.75 on 24 November 2015. The stock had hit a 52-week low of Rs 97.45 on 12 February 2016. The stock had underperformed the market over the past one month till 10 October 2016, falling 4.1% compared with Sensexs 2.48% fall. The scrip had also underperformed the market in past one quarter, declining 13.42% as against Sensexs 3.52% rise.

The mid-cap company has equity capital of Rs 51.42 crore. Face value per share is Rs 2.

KEC International said that its transmission & distribution business secured orders of Rs 859 crore in India, Africa and the Americas. Its cable business secured supply orders of Rs 105 crore. The companys railways business secured an overhead electrification order of Rs 120 crore for sections in the North Western Region. The companys solar business secured orders of Rs 108 crore for providing turnkey engineering, procurement and construction (EPC) solutions for solar power projects with single axis tracker.

KEC Internationals consolidated net profit rose 83.2% to Rs 30.94 crore on 7% fall in net sales to Rs 1727.01 crore in Q1 June 2016 over Q1 June 2015.

KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission and distribution, cables, railways, water and renewables. It is a RPG group company.

Powered by Capital Market - Live News

Mixed finish for US stocks following Fed minutes
Oct 13,2016

U.S. stocks finished in a mixed mode but mostly higher on Wednesday, 12 October 2016 after minutes from the Federal Reserves September policy meeting showed support for a rate rise relatively soon but implied a go-slow approach. Rising bond yields and a strengthening dollar remained focal points in todays action as investors looked to substantiate their rate hike outlook with the minutes from the FOMCs September 20-21 meeting.

The Dow Jones Industrial Average closed up 15.54 points, or 0.1%, at 18,144.20. The S&P 500 index advanced 2.44 points, or 0.1%, to finish at 2,139.17. The Nasdaq Composite Index finished lower on the session, declining 7.77 points, or 0.2%, to close at 5,239.02, pressured by a slide in the biotech sector.

Shares of Nike and Travelers led the rise. Eight sectors finished in positive territory while three - health care, energy and materials ended the day with a loss. The S&P was led higher by the real estate, utilities and telecom sectors.

The minutes from the FOMCs September policy meeting indicated that there were a number of arguments for raising rates in September, but that the committee opted to wait for further data. All in all, there wasnt really any new news in the minutes, which essentially reinforced preconceived policy notions held by the market ahead of their release. Those notions revolved around a belief that the next hike in the target range for the fed funds rate will most likely occur at the December 13-14 FOMC meeting, barring any big economic potholes hit along the way. The next Fed meeting is scheduled for Nov. 1-2.

The dollar index moved 0.3% higher today.

Todays economic data at Wall Street included the weekly MBA Mortgage Index and the Job Openings and Labor Turnover Survey for August 2016. The MBA Mortgage Index indicated that mortgage applications fell 6.0% in the week ending 8 October 2016. This followed a 2.9% increase in the prior week. The August Job Openings and Labor Turnover Survey showed that job openings came in at 5.443 million from a revised 5.831 million (from 5.871 million) in July.

Crude oil futures fell on Wednesday, 12 Octobeer 2016 at Nymex as uncertainty over Russias willingness to cut production and a monthly rise in output from OPEC members sent prices lower for a second session in a row.

On the New York Mercantile Exchange, November West Texas Intermediate crude fell 61 cents, or 1.2%, to settle at $50.18 a barrel after losing 1.1% a day earlier. December Brent crude on Londons ICE Futures exchange lost 60 cents, or 1.1%, to $51.81 a barrel.

Lack of a clear commitment by Russia to slash production is exacerbating investors doubts whether or not the preliminary agreement OPEC members reached in late September to cut output by 200,000 to 700,000 barrels a day will be implemented. A condition of the cut is the understanding that Russia would be on board.

Bullion prices settled lower on Wednesday, 12 October 2016 at Comex. Gold futures settled lower pressured by modest gains in the dollar, but prices headed higher in electronic trade after the Federal Reserve released minutes from its September meeting. The minutes, which were released after gold futures settled for the session, showed that officials from the central bank held off raising interest rates in September even though they said there was a reasonable argument for an increase.

December gold settled at $1,253.80 an ounce, down $2.10, or 0.2%, for the session. It traded up at $1,257 an ounce in electronic trading about a half-hour after the FOMC minutes. Prices, however, had seesawed above and below the settlement level in the immediate wake of the release. December silver settled little-changed at $17.505 an ounce. December copper ended at $2.177 a pound, down just under a penny, or 0.4%.

Todays trading volume fell came in below the recent averages of 926 million as 655 million shares changed hands at the NYSE floor.

Tomorrows economic data will include weekly initial claims report (consensus 255k) and the Import/Export Price report for September, both of which will cross the wires at 8:30 a.m. ET. Separately, the Treasury Budget for September will be released at 2:00 p.m. ET.

Powered by Capital Market - Live News

Cipla moves higher after receiving EIR for Indore facility
Oct 13,2016

The announcement was made on Wednesday, 12 October 2016. The stock market was closed on that day on account of Muharram.

Meanwhile, the S&P BSE Sensex was down 228.69 points or 0.81% at 27,853.65.

On BSE, so far 96,000 shares were traded in the counter as against average daily volume of 2.06 lakh shares in the past one quarter. The stock hit a high of Rs 598.90 and a low of Rs 591 so far during the day. The stock had hit a 52-week high of Rs 704.75 on 29 October 2015. The stock had hit a 52-week low of Rs 458.25 on 25 May 2016. The stock had outperformed the market over the past one month till 10 October 2016, sliding 0.16% compared with 2.48% fall in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 11.7% as against Sensexs 3.52% rise.

The large-cap company has equity capital of Rs 160.84 crore. Face value per share is Rs 2.

On a consolidated basis, Cipla reported 43.7% fall in net profit to Rs 365.24 crore on 6.9% decline in net sales to Rs 3499.81 crore in Q1 June 2016 over Q1 June 2015.

Cipla is a global pharmaceutical company.

Powered by Capital Market - Live News

Inox Wind wins orders for two wind power projects
Oct 13,2016

Inox Wind has bagged repeat orders from D J Malpani for two wind power projects of 20 MW each in the State of Gujarat. The two orders will be executed on turnkey basis and are expected to be commissioned by March 2017. The orders involve supply and installation of 20 units of Inox Winds latest offering, the 113 meter rotor dia Wind Turbine Generator.

Powered by Capital Market - Live News

Outcome of board meeting of Infinite Computer Solutions India
Oct 13,2016

Infinite Computer Solutions India announced that the Board of Directors of the Company at its meeting held on 12 October 2016, approved, subject to the approval of the regulatory authorities, shareholders, Companies Act, 2013, the Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998, as amended (SEBI Buyback Regulations) and such applicable Acts or Rules including amendments, if any, a Buyback of Equity Shares of face value Rs. 10 each of the Company at a Buyback price not exceeding Rs. 270/- (Rupees Two Hundred Seventy only) per Equity Share (Buyback Price) for a total consideration aggregating upto Rs. 1,50,00,00,000 (Rupees One Hundred Fifty crore Only) (Buyback Offer Size), from the existing shareholders of the Company on the record date to be determined on proportionate basis through the Tender Offer route as prescribed under the SEBI Buyback Regulations. The Buyback Offer Size represents 24.77% of the Paid- up share capital and free reserves of the Company as on 31 March 2016.

The Board also noted the intention of the Promoter Group of the Company to participate in the proposed Buyback.

Further, the Board has withdrawn the earlier buyback, approved by the Board on 24 August 2016 and the shareholders on 08 October 2016 and will seek fresh approval of the shareholders through Postal Ballot for the revised Buyback offer.

Powered by Capital Market - Live News

HDFC plans for 4th issuance of Rupee Denominated Bonds
Oct 13,2016

Housing Development Finance Corporation announced that pursuant to the approval of the Board of Directors of the Corporation at its meetings held previously, the Corporation is contemplating, subject to market conditions, undertaking the fourth issuance of Rupee Denominated Bonds to overseas investors. Indicative details of which are given hereunder:

n++ Issue Size : up to Rs 500 crore

n++ Issue opening date : 14 October 2016

n++ Issue closing / pricing date : 14 October 2016

n++ Listing : London Stock Exchange

The pricing and the tenure of the bonds to be issued pursuant to the said issue will be intimated in due course.

Powered by Capital Market - Live News

Shares of DRA Consultants get listed
Oct 13,2016

The equity shares of DRA Consultants (Scrip Code: 540144) are listed effective 13 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities

Powered by Capital Market - Live News

IndusInd Bank gains after reporting good Q2 results
Oct 13,2016

The result was announced on Wednesday, 12 October 2016. The stock market was shut on Wednesday, 12 October 2016.

Meanwhile, the S&P BSE Sensex was down 182.73 points or 0.65% at 27,899.61.

On BSE, so far 30,000 shares were traded in the counter as against average daily volume of 64,992 shares in the past one quarter. The stock hit high of Rs 1,245 and low of Rs 1,227 so far during the day.

The large-cap bank has equity capital of Rs 596.70 crore. Face value per share is Rs 10.

IndusInd Banks gross non-performing assets (NPAs) stood at Rs 899.01 crore as on 30 September 2016 as against Rs 860.64 crore as on 30 June 2016 and Rs 602.10 crore as on 30 September 2015. The ratio of gross NPAs to gross advances stood at 0.9% as on 30 September 2016 as against 0.91% as on 30 June 2016 and 0.77% as on 30 September 2015.

The ratio of net NPAs to net advances stood at 0.37% as on 30 September 2016 as against 0.38% as on 30 June 2016 and 0.31% as on 30 September 2015. The banks provisions and contingencies (excluding tax provisions) rose 35.29% to Rs 213.88 crore in Q2 September 2016 over Q2 September 2015.

IndusInd Bank is a leading private sector bank in India.

Powered by Capital Market - Live News

Shares of Sagarsoft (India) get listed
Oct 13,2016

The equity shares of Sagarsoft (India) (Scrip Code: 540143) are listed effective 13 October 2016 and admitted to dealings on the Exchange in the list of XT Group Securities.

Powered by Capital Market - Live News

India - Sri Lanka FTA to be expanded to include services and investment: Sri Lankan Prime Minister
Oct 13,2016

Ranil Wickremesinghe, Prime Minister of Sri Lanka stated that his government and the Government of India were working to expand the India - Sri Lanka Free Trade Agreement to include services and investment as well.

He added that the Economic and Technical Cooperation Agreement (ETCA) which has been under negotiation between the two countries should be concluded by the end of the year.

He stated that as these agreements come into force, India would have access to not just the Sri Lankan market but also to markets in Singapore, Japan and China among others as Sri Lanka was in the process of negotiating Free Trade Agreements with several countries.

In addition, he invited Indian companies to invest in Sri Lanka especially in areas such as infrastructure development including ports, airports and power, digital infrastructure, agriculture and fisheries and skilling among others. He stated that the aim of his government was to convert Sri Lanka into a Logistic, Finance and Business hub of South Asia.

Nirmala Sitharaman, Minister of State (IC) for Commerce and Industry, Government of India, the reforms being undertaken by India is making it a more attractive place for companies to do business.

The Minister highlighted three major reform measures undertaken by the Government in the recent past which has helped improve the Indias competitiveness in the world. These include the introduction of the Goods and Services Tax (GST) which she stated would integrate 800 transactions onto a single platform.

The second major initiative she highlighted was that of JAM or Jan Dhan Yojana, Aadhar and Mobile. This initiative ensures financial inclusion of those who are unbanked, direct transfer of benefits to recipients and connectivity.

The third initiative she highlighted were the various measures that the Government was taking to improve the Ease of Doing Business in the Country. The Minister mentioned that the states have adopted this initiative and are working to improve processes and regulations to help improve the ease of doing business in the country.

Prof. Klaus Schwab, Executive Chairman, World Economic forum stated that according to the WEFs Global Competitiveness Index, India was now one of the 40 most competitive economies in the world thanks to the reform measures that had been undertaken.

Chandrajit Banerjee, Director General, stated that the measures taken by the Government had helped improve the ease of doing business in the country.

Powered by Capital Market - Live News

IndusInd Bank may gain on good Q2 results
Oct 13,2016

IndusInd Banks net profit rose 25.75% to Rs 704.26 crore on 23.97% increase in total income to Rs 4439.72 crore in Q2 September 2016 over Q2 September 2015. The result was announced on Wednesday, 12 October 2016. It is to be noted that the stock market was shut on Tuesday, 11 October 2016 and Wednesday, 12 October 2016.

The banks gross non-performing assets (NPAs) stood at Rs 899.01 crore as on 30 September 2016 as against Rs 860.64 crore as on 30 June 2016 and Rs 602.10 crore as on 30 September 2015.The ratio of gross NPAs to gross advances stood at 0.90% as on 30 September 2016 as against 0.91% as on 30 June 2016 and 0.77% as on 30 September 2015.

The ratio of net NPAs to net advances stood at 0.37% as on 30 September 2016 as against 0.38% as on 30 June 2016 and 0.31% as on 30 September 2015. The banks provisions and contingencies (excluding tax provisions) rose 35.29% to Rs 213.88 crore in Q2 September 2016 over Q2 September 2015.

IT major TCS announces Q2 results today, 13 October 2016.

Shares of Mahindra & Mahindra (M&M) will be in focus. SsangYong Motor Company, part of the Mahindra group on Wednesday, 12 October 2016 announced that as a part of its effort to grow in China, the company signed a letter of intent with the Shaanxi Automobile Group for a joint venture that will establish a local production for CBU vehicles. The joint venture, which will become SsangYongs first overseas production base, in a 50/50 partnership with the Shaanxi Automobile Group, will construct production facilities for CBU vehicles and an engine plant. The first phase of construction will establish a plant with an annual capacity of 150,000 units per year by the end of 2019 and the second phase will involve an expansion of the facilities to 300,000 units annnually. Further, SsangYong will establish an automotive cluster with its major suppliers that will also enter the market, to ensure product competitiveness, and start the production of SsangYongs current models and models under development, in the second half of 2019.

ICICI Bank announced on Wednesday, 12 October 2016, that it has notified The Bank of New York Mellon (Trustee) that all outstanding 7.25% perpetual non-cumulative subordinated debt securities (Notes) of the bank will be redeemed in full on 31 October 2016 (redemption date) at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest to the redemption date. The amount of accrued and unpaid interest with respect to the Notes to the redemption date will be $36.25 on each $1,000 of Notes. The redemption price including the amount of accrued and unpaid interest with respect to the Notes for all outstanding Notes on the redemption date will be $1036.25 for each $1,000 of Notes. ICICI Bank acting through its Bahrain branch had issued a $340,000,000 7.25% perpetual non-cumulative subordinated debt securities on 24 August 2006 with an optional redemption by the bank on 31 October 2016, or on any subsequent interest payment date.

Dr Reddys Laboratories announced yesterday, 10 October 2016 that it has launched Lamotrigine Orally Disintegrating Tablets in 25 mg, 50 mg, 100 mg and 200 mg, a therapeutic equivalent generic version of Lamictal ODT (lamotrigine) Orally Disintegrating Tablets in the United States market approved by the United States Food & Drug Administration (USFDA). The Lamictal ODT brand and generic had US sales of approximately $65.5 million MAT for the most recent twelve months ended in July 2016 according to IMS Health. Lamictal ODT is a registered trademark of GSK group of companies. The announcement was made after market hours yesterday, 10 October 2016.

GAIL (India) on Monday, 10 October 2016, announced that it has received intimation from the Ministry of Petroleum and Natural Gas that the Cabinet Committee on Economic Affairs (CCEA) approved 40% capital grant (limited to Rs 5176 crore) of the estimated capital cost of Rs 12940 crore to GAIL (India) for execution Jagdishpur-Haldia/Bokaro-Dhamra gas pipeline (JHBDPL) project by 2020. The announcement was made after market hours on Monday, 10 October 2016

Tata Motors announced that the company is desirous of offering the fifth series of its rated, listed, unsecured, redeemable, non convertible debentures (NCDs) aggregating to Rs 500 crore and in this regard is holding a meeting of its duly constituted committee of the board of directors on 18 October 2016. The issuance is pursuant to the approval of the shareholders passed vide special resolution at the 71th Annual General Meeting of the company held on 9 August 2016 and the board of directors resolution passed at its meeting held on 26 August 2016. The announcement was made on Wednesday, 12 October 2016.

Cipla announced that it has received Establishment Inspection Report (EIR) from the United States Food & Drug Administration (USFDA) for its Indore facility indicating formal closure of the US FDA inspection conducted in July/August, 2015. The announcement was made on Wednesday, 12 October 2016.

HDFC announced that pursuant to the approval of the board of directors of the company at its meetings held previously, the company is contemplating, subject to market conditions, undertaking the fourth issuance of Rupee denominated bonds to overseas investors. The issue size of the bonds will be up to Rs 500 crore. The issue will open on 14 October 2016 and closes on the same day. The pricing and the tenure of the bonds to be issued pursuant to the said issue will be intimated in due course. The announcement was made before market hours today, 13 October 2016.

Majesco announced a partnership with Life.io, a digital consumer engagement platform, transforming how insurers relate to their customers through monitoring and analyzing their behavior, preferences and more through realtime data integration. The announcement was made on Wednesday, 12 October 2016.

Life.io helps insurers evolve to meet the needs of a new demographic of consumers, transforming how insurers relate to them by gaining insight that enables insurers to offer the right product at the right time based on their life-stage. The Life.io platform integrates with new technologies such as wearables and health applications to provide new sources of data to understand, assess, underwrite and service customers, encouraging healthy lifestyles while improving insurers operational and risk management results.

As a part of this partnership, the two companies are integrating Life.ios Consumer Engagement platform into Majesco DigitalConnect and Majescos core systems software to enhance the user-experience, improve risk management and support smarter selling and marketing of life insurance to consumers and customers throughout their life-stages. The Majesco DigitalConnect platform enables insurers to integrate new and innovative content, data, and collaboration capabilities together to provide a cohesive digital experience for an insurers customers.

Blue Dart Express net profit fell 20.68% to Rs 42.80 crore on 1.55% rise in total income to Rs 670.21 crore in Q2 September 2016 over Q2 September 2015. The result was announced on Wednesday, 12 October 2016.

KEC International announced that it has secured new orders worth Rs 1192 crore. The announcement was made on Wednesday, 12 October 2016.

Sagar Cements announced that a meeting of the board of directors of the company is being convened to be held on 19 October 2016, to consider proposals for setting up of a coal based power plant at companys unit in Mattampally, Nalgonda district, Telangana and for expanding the capacity of the grinding unit in Bayyavaram, Vizag district, Andhra Pradesh and to raise funds for the purpose. The announcement was made on Wednesday, 12 October 2016.

Titan Company announced that the company is exploring opportunities in personal lifestyle categories. The company has since inception been exploring opportunities in personal lifestyle categories. One such category is special occasion ethnic wear for women which will now be piloted for understanding consumer attitudes and preferences. The pilot, which may include setting up a few stores, is expected to last about 12 months at the end of which the company will take a decision on the future course of action. The announcement was made on Wednesday, 12 October 2016.

Gruh Finances net profit rose 19.86% to Rs 61.98 crore on 17.84% rise in total income to Rs 367.43 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 10 October 2016.

Asian Granito India (AGIL) announced on Wednesday, 12 October 2016 that it has completed a major expansion at its step subsidiary Crystal Ceramics Industries (Crystal Ceramics). AGIL acquired Artistique Ceramic in FY 2015-16 through amalgamation scheme which holds 70% in Crystal Ceramics through Kediya Ceramics. Kamlesh Patel, Chairman and Managing Director of AGIL said that acquisition of Crystal Ceramics was a strategic decision as along with the product range it also enjoyed a natural gas supply arrangement with ONGC which is significantly lower than the prevailing market price. With this expansion production capacity of Crystal Ceramics has reached 27,000 square meters a day, he said. The new plant will be making double charged vitrified tiles in the large format of 800x800 mm and 1000x1000 mm for domestic as well exports, Patel said. AGIL also has the required infrastructure for future expansion at Crystal Ceramics, he added.

IL&FS Engineering and Construction Company announced on Wednesday, 12 October 2016, that IL&FS Engineering Services has received the fax of acceptance (FOA) from Gas Authority of India (GAIL) for a pipeline laying contract worth Rs 162.58 crore.

Cera Sanitaryware announced on Wednesday, 12 October 2016 that commercial production at the companys associate LLP Packcart Packaging LLP has started successfully.

Borosil Glass Works announced on Wednesday, 12 October 2016 that the company has made an investment of Rs one million dirhams, equivalent to approximately Rs 1.82 crore by way of subscription in one additional share of Borosil Afrasia FZE, its wholly owned subsidiary in UAE, Dubai.

Jagran Prakashan announced that Music Braodcast Limited, subsidiary of the company has commenced broadcast from its radio station at Kanpur location (which was acquired under Phase 3 auctions held last financial year) on 10 October 2016. The countrys leading radio network redefined radio entertainment in Kanpur with a power packed launch of Radio City Kanpur 104.8. The announcement was made on Tuesday,11 October 2016.

Polyplex Corporation announced that consequent upon sale of shares of Polyplex (Thailand) Public Company Limited, Thailand, by companys step down wholly owned subsidiary viz. Polyplex (Asia) Pte. Limited, Singapore, the effective stake of the company in Polyplex Thailand has decreased from 54.084% to 51%. The announcement was made after market hours on Friday, 10 October 2016.

Powered by Capital Market - Live News

Precious metals end little lower
Oct 13,2016

Bullion prices settled lower on Wednesday, 12 October 2016 at Comex. Gold futures settled lower pressured by modest gains in the dollar, but prices headed higher in electronic trade after the Federal Reserve released minutes from its September meeting. The minutes, which were released after gold futures settled for the session, showed that officials from the central bank held off raising interest rates in September even though they said there was a reasonable argument for an increase.

December gold settled at $1,253.80 an ounce, down $2.10, or 0.2%, for the session. It traded up at $1,257 an ounce in electronic trading about a half-hour after the FOMC minutes. Prices, however, had seesawed above and below the settlement level in the immediate wake of the release.

December silver settled little-changed at $17.505 an ounce. December copper ended at $2.177 a pound, down just under a penny, or 0.4%.

The minutes from the FOMCs September policy meeting indicated that there were a number of arguments for raising rates in September, but that the committee opted to wait for further data. All in all, there wasnt really any new news in the minutes, which essentially reinforced preconceived policy notions held by the market ahead of their release. Those notions revolved around a belief that the next hike in the target range for the fed funds rate will most likely occur at the December 13-14 FOMC meeting, barring any big economic potholes hit along the way. The next Fed meeting is scheduled for Nov. 1-2.

Higher interest rates can boost the dollar and dull demand for dollar-denominated commodities, but the ICE U.S. Dollar Index pared some gains after the Fed minutes and was up by about 0.1% by 2:30 p.m. Eastern, after earlier tapping its highest level in seven months.

Todays economic data at Wall Street included the weekly MBA Mortgage Index and the Job Openings and Labor Turnover Survey for August 2016. The MBA Mortgage Index indicated that mortgage applications fell 6.0% in the week ending 8 October 2016. This followed a 2.9% increase in the prior week. The August Job Openings and Labor Turnover Survey showed that job openings came in at 5.443 million from a revised 5.831 million (from 5.871 million) in July.

Powered by Capital Market - Live News

Blue Dart Express standalone net profit declines 20.68% in the September 2016 quarter
Oct 12,2016

Net profit of Blue Dart Express declined 20.68% to Rs 42.80 crore in the quarter ended September 2016 as against Rs 53.96 crore during the previous quarter ended September 2015. Sales rose 1.56% to Rs 663.22 crore in the quarter ended September 2016 as against Rs 653.01 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales663.22653.01 2 OPM %11.2814.14 - PBDT73.9391.37 -19 PBT63.0381.49 -23 NP42.8053.96 -21

Powered by Capital Market - Live News

IndusInd Bank standalone net profit rises 25.75% in the September 2016 quarter
Oct 12,2016

Net profit of IndusInd Bank rose 25.75% to Rs 704.26 crore in the quarter ended September 2016 as against Rs 560.04 crore during the previous quarter ended September 2015. Total Operating Income rose 24.00% to Rs 3469.30 crore in the quarter ended September 2016 as against Rs 2797.77 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Total Operating Income3469.302797.77 24 OPM %60.7163.21 - PBDT1067.77848.44 26 PBT1067.77848.44 26 NP704.26560.04 26

Powered by Capital Market - Live News