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

Trident fixes record date for interim dividend
Aug 14,2017

Trident has fixed 25th August 2017 as the record date for the purpose of first interim dividend on Equity Share Capital of the Company for the Financial Year 2017-18.

The interim dividend will be credited to the respective equity shareholders by 9th September 2017.

Powered by Capital Market - Live News

Archidply Industries to appoint advisor/consultant
Aug 14,2017

The Board of Archidply Industries on 12th august 2017 has decided to appoint advisor/Consultant for Valuation report, Fairness opinion Etc. and sought other relevant information regarding the Scheme of arrangement of demerger of Chintamani Unit to take the final decision on the same in the next Board Meeting.

Powered by Capital Market - Live News

Adani Ports recovers after posting Q1 results
Aug 14,2017

The announcement of results was made on Saturday, 12 August 2017. The stock had dropped 7.27% in three sessions to settle at Rs 383.90 on 11 August 2017, from a close of Rs 414 on 8 August 2017 ahead of the results.

Meanwhile, the S&P BSE Sensex was up 214.63 points or 0.69% at 31,428.22.

On the BSE, 21,989 shares were traded on the counter so far as against the average daily volumes of 3 lakh shares in the past one quarter. The stock had hit a high of Rs 405.20 and a low of Rs 385.80 so far during the day. The stock had hit a record high of Rs 421.60 on 8 August 2017. The stock had hit a 52-week low of Rs 243.95 on 10 August 2016.

The stock had outperformed the market over the past one month till 11 August 2017, gaining 3.2% compared with the Sensexs 1.68% decline. The stock had also outperformed the market over the past one quarter, rising 6.95% as against the Sensexs 3.18% rise. The scrip had also outperformed the market over the past one year, gaining 51.38% as against the Sensexs 12.04% rise.

The large-cap company has equity capital of Rs 414.19 crore. Face value per share is Rs 2.

Adani Ports & Special Economic Zones (APSEZ) consolidated net profit fell 13.7% to Rs 710.25 crore on 50.3% rise in net sales to Rs 2745.14 crore in Q1 June 2017 over Q1 June 2016.

The company said that the net profit in Q1 June 2017 was lower due to higher tax incidence at Mundra Port which is now out of tax holiday period. However, from a tax cash flow angle, there is no change (impact) as minimum alternate tax (MAT) credit of earlier years is available to the tune of Rs 2700 crore.

Karan Adani, Chief Executive Officer and Whole Time Director of APSEZ said that the operations in port and logistic business continues to be robust. With string of ports across India providing multi point access to Indias hinterland, the company expects cargo volumes to grow as per earlier guidance in FY 2018. Mundra port is on the verge of becoming the largest container handling port in India.

The company would continue to pursue plans to expand logistic foot prints by adopting asset light model. Higher capacity utilization, focus on operational efficiencies by automation and technology upgrades and focus on cost reduction will ensure higher cash flows, he added.

Adani Ports and Special Economic Zone is Indias largest port developer and the logistics arm of Adani Group.

Powered by Capital Market - Live News

Avanti Feeds hits record high after stellar Q1 numbers
Aug 14,2017

The result was announced after market hours on Friday, 11 August 2017.

Meanwhile, the S&P BSE Sensex was up 227.05 points, or 0.73% at 31,440.64. The S&P BSE Mid-Cap index was up 234.86 points, or 1.59% at 14,961.13.

High volumes were witnessed on the counter. On the BSE, 43,000 shares were traded on the counter so far as against the average daily volumes of 27,648 shares in the past one quarter. The stock had hit a high of Rs 1,974.10 so far during the day, which is also its record high. The stock hit a low of Rs 1,850 so far during the day. The stock had hit a 52-week low of Rs 411 on 9 November 2016.

The stock had outperformed the market over the past one month till 11 Aug 2017, advancing 2.6% compared with the Sensexs 1.68% fall. The scrip had also outperformed the market over the past one quarter advancing 83.98% as against the Sensexs 3.18% rise. The scrip had also outperformed the market over the past one year advancing 177.33% as against the Sensexs 12.04% rise.

The mid-cap company has equity capital of Rs 9.08 crore. Face value per share is Rs 2.

Avanti Feeds is the leading manufacturer of prawn and fish feeds and shrimp processor and exporter from India.

Powered by Capital Market - Live News

Trident to pay dividend
Aug 14,2017

The Board of Trident on 12th August 2017 has declared 1st Interim Dividend of Rs 0.60 (6%) per fully paid up Equity Shares of Rs 10/- each of the Company for the financial year 2017-18. The said dividend will be credited/ dispatched to the to the respective equity shareholders by September 9, 2017 i.e. within 15 days of the Record Date.

Powered by Capital Market - Live News

NHAI to start work on project to decongest Dhaula Kuan - Airport Road Section of NH8
Aug 14,2017

Shri Nitin Gadkari, the Minister for Road Transport & Highways and Shipping will lay the foundation stone on 14th of August, for NHAIs project to decongest one of Delhis most congested corridors which leads to Indira Gandhi International Airport. The first bottleneck is junction of station road with NH8 in front of Metro station. As per NHAI plan, this junction is being made signal free. To achieve this, a flyover is proposed to be constructed on right carriageway i.e. for traffic from Gurgaon to Delhi. At this junction, provision for U turn of traffic is also being provided. Further, two foot over bridges with escalators are also to be constructed for facilitating pedestrians. For segregating buses, proper bus bay is being provided. On station road a Vehicular Underpass is being constructed for facilitating smooth movement of Defence personnel.

The stretch from Dhaula Kuan Junction to Parade Road is proposed to be widened to ensure minimum four lanes on either side for through traffic. Near junctions additional structures are provided. In this stretch a Vehicular Underpass is also proposed to be constructed for connecting defence establishments on either side. It would also be connected with Manikshaw Centre.

At Parade Road Junction, the curve is being improved by road widening to allow smooth turning of traffic towards airport/ Gurgaon. At this junction, a Vehicular Underpass is being constructed for direct access to Parade Road. With this, the existing signals on these two junctions would be removed.

The project has already been sanctioned at a cost of Rs 260 crores. For undertaking this project, Ministry of Defence has agreed to transfer 13 acres of land to NHAI. For junction improvement, part of land is also required from police station. The bids for the project have been received and work is likely to start in October, 2017. The time period for completion of this work is 18 months.

Powered by Capital Market - Live News

Jindal Poly Films appoints director
Aug 14,2017

Jindal Poly Films on 12th August 2017 has appointed Mr. Prakash Matai as Non-Executive Independent Director to the Board of the Company.

Powered by Capital Market - Live News

Incentives are given to Farmers for Cultivation of Medicinal Plants: Shri Shripad Naik
Aug 14,2017

The Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH), Government of India under its Centrally Sponsored Scheme of National AYUSH Mission (NAM) is providing financial assistance as subsidy to farmers to encourage cultivation of herbs/medicinal plants throughout the country.

Under NAM scheme, there is a component on Medicinal Plants which is primarily aimed at supporting cultivation of herbs/medicinal plants on farmers land with backward linkages through establishment of nurseries for supply of quality planting material, and forward linkages for post-harvest management. Presently, 140 medicinal plants species have been prioritized for supporting cultivation throughout the country for which the subsidy is provided to farmers in following pattern:

(i) 75% subsidy for cultivation of medicinal plants which are highly endangered.

(ii) 50% subsidy for cultivation of medicinal plants where sources of supply are critically declining.

(iii) 30% subsidy for cultivation of other medicinal plants species which need support.

The cultivation programme is implemented through the identified implementing agency of concerned state (generally State Agriculture / Horticulture Departments) and the financial assistance is provided as per the State Annual Action Plan approved for concerned State. As per scheme guidelines, the financial assistance to North Eastern and hilly State of Himachal Pradesh, Uttarakhand and Jammu & Kashmir is provided in the ratio of 90:10, where as in other states it is shared in the ratio of 60:40 between Central and State Government.

Powered by Capital Market - Live News

Sun Pharma drops after bitter Q1 outcome
Aug 14,2017

The announcement was made after market hours on Friday, 11 August 2017.

Meanwhile, the S&P BSE Sensex was up 128.04 points or 0.46% at 31,356.01.

On the BSE, 76,000 shares were traded on the counter so far as against the average daily volumes of 5.54 lakh shares in the past one quarter. The stock had hit a low of Rs 433.15 so far during the day, which is also a 52-week low. The stock had hit a high of Rs 446 so far during the day. The stock had hit a 52-week high of Rs 833 on 10 August 2016.

The stock has dropped 18% in nine sessions to its current price, from a close of Rs 534.65 on 1 August 2017.

The stock had underperformed the market over the past one month till 11 August 2017, sliding 19.95% compared with the Sensexs 1.68% decline. The stock had also underperformed the market over the past one quarter, declining 30.39% as against the Sensexs 3.18% rise. The scrip had also underperformed the market over the past one year, declining 44.21% as against the Sensexs 12.04% rise.

The large-cap company has equity capital of Rs 239.93 crore. Face value per share is Re 1.

Net profit for Q1 June 2017 was adversely impacted by settlements with certain plaintiffs related to the Modafinil antitrust litigation in the US, with the settlement amounting to Rs 950 crore. Net profit for Q1 June 2016 included the benefit of the 180-day exclusivity for Imatinib which expired in July-2016.

Dilip Shanghvi, Managing Director of the company said that Q1 performance was not good and not in line with the past performance due to the combined impact of increasing investments in global specialty business, temporary disruption in India business due to GST implementation, a challenging US generic pricing environment and the Modafinil settlement. The company expects performance to gradually improve in the second half of this year.

Separately, company said that all the necessary formalities for completion of acquisition of 2.03 lakh series A preferred stock-equivalent to 15.91% fully diluted equity stake on conversion, of Krystal Biotech Inc., have now been concluded. On 8 August 2017, the company had disclosed regarding agreement of said acquisition of Krystal Biotech Inc., United States of America.

Sun Pharmaceutical Industries is a specialty generic pharmaceutical company and Indias top pharmaceutical company.

Powered by Capital Market - Live News

Agreement signed between NICPR and AIIA for Prevention of Cancer: Shri Shripad Naik
Aug 14,2017

An MoU has been signed on 19th October 2016 between National Institute of Cancer Prevention and Research (NICPR) and All India Institute of Ayurveda for prevention of cancer and research.

The main objectives of the agreement are as follows:-

(i) To bring practitioners of different systems of medicine under one platform to join hands for efficient cancer care.

(ii) To explore the hidden potentials for managing and prevention of cancer through different systems of medicine which are in practice at regional level.

(iii) Integrating for hoisting of cancer research.

Different educational and sensitization programme/ camps were conducted at both the centres and will be continued in future. Collaborative research work is in progress with Integrative management.

Powered by Capital Market - Live News

Sun Pharma may drop on weak Q1 results
Aug 14,2017

Sun Pharmaceutical Industries consolidated adjusted net profit excluding the Modafinil settlement fell 74% at Rs 526 crore on 23% decline in sales to Rs 6167 crore in Q1 June 2017 over Q1 June 2016. The announcement was made after market hours on Friday, 11 August 2017.

Net profit for the quarter was adversely impacted by settlements with certain plaintiffs related to the Modafinil antitrust litigation in the US, with the settlement amounting to Rs 950 crore. Net profit for Q1 June 2016 included the benefit of the 180-day exclusivity for Imatinib which expired in July-2016.

Dilip Shanghvi, Managing Director of the company said that Q1 performance was not good and not in line with the past performance due to the combined impact of increasing investments in global specialty business, temporary disruption in India business due to GST implementation, a challenging US generic pricing environment and the Modafinil settlement. The company expects performance to gradually improve in the second half of this year.

Adani Ports & Special Economic Zones consolidated net profit fell 13.7% to Rs 710.25 crore on 50.3% rise in net sales to Rs 2745.14 crore in Q1 June 2017 over Q1 June 2016. The announcement was made on Saturday, 12 August 2017.

Bank of Barodas net profit fell 52% to Rs 203.39 crore on 1.9% rise in total income to Rs 12103.86 crore in Q1 June 2017 over Q1 June 2016. The announcement was made after market hours on Friday, 11 August 2017.

Bank of Baroda also allotted Basel III compliant unsecured, perpetual bonds worth Rs 850 crore.

Mahindra & Mahindra (M&M) said that its wholly owned subsidiary Mahindra Overseas Investment Company (Mauritius) (MOICML) has agreed to sell its entire shareholding of 51% in Mahindra Yueda Yancheng Tractor Company (MYYTCL), China. Upon receipt of requisite regulatory approvals and completion of other formalities, MYYTCL will cease to be a subsidiary of MOICML and in turn of M&M. The announcement was made after market hours on Friday, 11 August 2017.

Coal India, Grasim Industries and Tata Power Company will announce Q1 results today, 14 August 2017.

BPCLs net profit fell 71.6% to Rs 744.56 crore on 21.7% growth in net sales to Rs 57125.80 crore in Q1 June 2017 over Q1 June 2016. The result was announced after market hours on Friday, 11 August 2017.

Tata Steel will be in focus. Tata Steel UK on Friday, 11 August 2017 announced it had signed the documentation for a Regulated Apportionment Arrangement (RAA) with the Trustee of the British Steel Pension Scheme, offering more sustainable outcomes for pensioners, employees and the business. When the RAA takes effect the British Steel Pension Scheme will be separated from Tata Steel UK and a number of affiliated companies. The announcement was made after market hours on Friday, 11 August 2017.

Indian Bank has introduced a two tier interest rate structure for savings bank customers, offering interest at 4% per annum for incremental balance above Rs 50 lakhs and 3.50% per annum for balance upto Rs 50 lakhs. The announcement was made after market hours on Friday, 11 August 2017.

Spice Mobility announced that Omnia Pte. Limited, Singapore (Omnia), a step down foreign subsidiary of the company, has approved to purchase entire stake in PT Spice Digital Indonesia, (Indonesia), another step down foreign subsidiary of the company, from Spice Global Services Pte. Limited, Singapore (SGS). Consequently, Indonesia will become a subsidiary of Omnia and step down subsidiary of SGS. All these three companies will continue to be the step down subsidiaries of the company. The announcement was made on Saturday, 12 August 2017.

Powered by Capital Market - Live News

Noble Polymers reports standalone nil net profit/loss in the June 2017 quarter
Aug 12,2017

Noble Polymers reported no net profit/loss in the quarter ended June 2017 and during the previous quarter ended June 2016. Sales declined 40.00% to Rs 0.18 crore in the quarter ended June 2017 as against Rs 0.30 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.180.30 -40 OPM %00 - PBDT00 0 PBT00 0 NP00 0

Powered by Capital Market - Live News

Kuantum Papers standalone net profit rises 24.50% in the June 2017 quarter
Aug 12,2017

Net profit of Kuantum Papers rose 24.50% to Rs 18.04 crore in the quarter ended June 2017 as against Rs 14.49 crore during the previous quarter ended June 2016. Sales rose 19.32% to Rs 169.57 crore in the quarter ended June 2017 as against Rs 142.11 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales169.57142.11 19 OPM %21.5418.24 - PBDT30.2021.48 41 PBT25.5617.94 42 NP18.0414.49 24

Powered by Capital Market - Live News

Shree Rama Multi-Tech reports standalone net profit of Rs 0.07 crore in the June 2017 quarter
Aug 12,2017

Net profit of Shree Rama Multi-Tech reported to Rs 0.07 crore in the quarter ended June 2017 as against net loss of Rs 0.10 crore during the previous quarter ended June 2016. Sales declined 0.67% to Rs 29.68 crore in the quarter ended June 2017 as against Rs 29.88 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales29.6829.88 -1 OPM %8.4912.52 - PBDT1.332.52 -47 PBT-1.94-0.56 -246 NP0.07-0.10 LP

Powered by Capital Market - Live News

Kretto Syscon reports standalone net profit of Rs 0.03 crore in the June 2017 quarter
Aug 12,2017

Net profit of Kretto Syscon remain constant at Rs 0.03 crore in the quarter ended June 2017 and also during the previous quarter ended June 2016. Sales rose 14.08% to Rs 0.81 crore in the quarter ended June 2017 as against Rs 0.71 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.810.71 14 OPM %3.702.82 - PBDT0.030.03 0 PBT0.030.03 0 NP0.030.03 0

Powered by Capital Market - Live News