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

Virtual Global Education appoints company secretary & compliance officer
Sep 26,2016

Virtual Global Education announced that Rachna Singh is appointed and designated as the Company Secretary & Compliance Officer of the Company with effect from 24 September 2016.

Powered by Capital Market - Live News

Outcome of board meeting of Kamat Hotels (India)
Sep 26,2016

Kamat Hotels (India) announced that the Board of Directors of the Company at its meeting held on 24 September 2016 has approved the appointment of Amit Vyas as Company Secretary and Compliance Officer with effect from 24 September 2016 and appointment of S S Thakur as an Additional Director with effect from 24 September 2016.

Powered by Capital Market - Live News

Outcome of board meeting of Nylofils India
Sep 26,2016

Nylofils India announced that the Board of Directors of the Company at its meeting was held on 24 September 2016, and inter alia has decided to forfeit the 8,96,262 Partly paid equity shares.

Powered by Capital Market - Live News

Rain Industries gains after commencement of operations of power plant
Sep 26,2016

The announcement was made after market hours on Friday, 23 September 2016.

Meanwhile, the S&P BSE Sensex was down 121.16 points or 0.42% at 28,547.06

On BSE, so far 41,000 shares were traded on the counter as against average daily volume of 2.07 lakh shares in the past one quarter. The stock hit a high of Rs 47.85 and a low of Rs 46.25 so far during the day. The stock had hit a 52-week low of Rs 26.05 on 12 February 2016. The stock had hit a 52-week high of Rs 49.50 on 9 September 2016. The stock had underperformed the market over the past 30 days till 23 September 2016, falling 2.7% compared with 2.99% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 36.05% as against Sensexs 8.60% rise.

The small-cap company has equity capital of Rs 67.27 crore. Face value per share is Rs 2.

Rain Industries said that on 22 September 2016, Rain Cements, a wholly owned subsidiary company has commenced operations of waste heat recovery based power plant to generate up to 7 megawatts (MW) of gross electrical energy from the waste heat and the flue gases evolved during the cement manufacturing process at Boincheruvupalli Village, Peapully Mandal, Kurnool District, Andhra Pradesh. The project was completed at a cost of Rs 70 crore and the same was funded from internal accruals, Rain Industries said. The process of waste heat generation is environmental friendly that will bring down the flue gas temperatures. The heat recovery from the flue gases not only saves large quantities of fossil fuels but also substantially reduces the cost of power generation, the company said.

Rain Industries consolidated net profit rose 7.84% to Rs 156.51 crore on 2.16% fall in total income to Rs 2,579.89 crore in Q2 June 2016 over Q2 June 2015.

Rain Industries (formerly known as Rain Commodities) and its wholly owned subsidiaries, namely, Rain Cements, Rain CII Carbon (Vizag), Rain CII Carbon LLC, USA and Rn++tgers are engaged in the production of cement, calcined petroleum coke and power and high-quality basic and specialty chemicals (coal tar pitch etc.).

Powered by Capital Market - Live News

Shares of GNA Axles get listed
Sep 26,2016

The equity shares of GNA Axles (Scrip Code: 540124) are listed effective 26 September 2016 and admitted to dealings on the Exchange in the list of T Group Securities.

Powered by Capital Market - Live News

Textile ministry preparing plan to promote handicrafts & tribal communities: Smriti Irani
Sep 26,2016

The government through convergence of various ministries is working on a plan to promote tribal, handicrafts community and fill the various gaps, Union Textile Minister, Ms Smriti Irani said at an ASSOCHAM event.

n++I had a meeting three days ago with the minister in-charge for tribal affairs and we are propagating a plan between two ministries so that there is convergence of effort to ensure things like uniqueness of their craft, the fact that they have challenge of not understanding the amount of opportunity the market has to offer to them, social challenges with regards to education, healthcare are met including housing,n++ said Ms Irani while inaugurating an ASSOCHAM Global Investors India Forum.

n++So we are preparing a plan to ensure, not only in the tribal community but in the handicrafts community per se, we have these interventions with convergence of various ministries and we reach out,n++ she added.

n++I think one of the biggest challenges in the handicrafts sector as I have said, is that those who were interested in their care between the central and state government or between state government and administration at the district level, the gaps arose in those areas which have not been filled for too long because it was nobodys baby, so now we are hoping that we bridge that gap,n++ further said the minister.

Sharing her experience in the Human Resources Development (HRD) Ministry, she said, n++I have personally seen how much success is met when there is direct communication between centre, state and district administration because we had that deadline by the Prime Minister to build toilets across all government schools across India in just one year which looked like a statistical and infrastructural impossibility.n++

n++I am proud to say that has been one of the landmark efforts of our government and I am hoping that we have a similar intervention in the handicraft, handloom sector as well because when you look at the north-east tribal community, you see them coming out with lovely handlooms as well but the challenge there has been that there needs to be a streamlined process of engagement across government in the federal structure so that it benefits the last mile individual, so thats what we are hoping to do,n++ said Ms Irani.

She also informed that government was conducting a study of all the reserves that India has.

n++We are in the process of digitising our land records in the country, so under the Digital India program, that is an emphatic push by the Government of India,n++ said the minister.

n++Also from the land and irrigation perspective, the Prime Minister has been very clear in his instructions that we need to map all that we have invested in our seven decades of democracy in irrigation systems of our country, how many of them are genuinely functional, how many need an intervention where they can be now propped up again and service the land around it, how many actually need new structures so those studies and mappings are underway currently,n++ she added.

In terms of an intervention for soldiers, how they can be better protected through clothing, she said, n++We have identified within the Ministry, our engagement with the Ministry of Defence as to what kind of support that we can give, the industry can have a huge intervention, not only from R&D (research and development) perspective but also from investment perspective, so that we self-support our systems, our army for their needs be it at Siachen or any other station. This includes our forces like BSF, CISF because they also have these technical textile needs.n++

The union minister also informed that Textile Ministry was in discussion with Road, Transport and Highways Ministry to ensure that logistical challenges are met and sought industrys support in this regard.

n++If we look at the logistical challenges that India has, as compared to Bangladesh, yes from placing the order onwards to processing that order takes longer in India than it takes in Bangladesh, so we are in conversation with Nitin Gadkari ji to ensure that our logistical challenges are met but after we have these facilitations we will need industry to step up and fill the gap from the perspective of investment envisaged,n++ said Ms Irani.

Highlighting the various challenges being faced by the power loom sector in India, she said, n++There are many complex issues ranging from subsidising for up-gradation of looms onwards to even providing money so that renewable energy can be used for looms, we are working out some kind of support for the entire sector but my biggest concern is for those who have one-two looms or less than eight looms because till now most of the money has gone to people who are organised better, not the individual power weaver, where everything is shutting down.n++

Talking about poor response from the industry to help build toilets in government schools across India while she was in the HRD Ministry, she said n++With a lot of hope I went out and pleaded with everybody in the industry to help me build toilets in the country, only five per cent stepped up, in fact Government of India funded it, we ensured that if a district collector said that I am not getting money in time, I would RTGS that fund straight from the centre so that my toilets are made in time.n++

She also said that the government was trying to push through administrative reform measures, that will make the engagements easier with institutions or individuals who want to bring about change on the ground. n++One has to recognise that government can only become that facilitator, that bridge and it is ultimately the industry and the people who have to walk the talk.n++

On the issue of caste inequalities, Ms Irani said, n++I think we have to be conscious of our challenges and address those challenges from a social and economic point of view, the challenge is that there are more people who divide compared to those who are there to fill those gaps.n++

She also said that there is a need to drive the children to pursue excellence and not to pursue a certificate as to promote innovation one needs to have an adventurous spirit that is engaged with at a very young age.

Powered by Capital Market - Live News

KNR Constructions spurts on stock-split plan
Sep 26,2016

The announcement was made after market hours on Friday, 23 September 2016.

Meanwhile, the BSE Sensex was down 129.19 points, or 0.45%, to 28,539.03.

On BSE, so far 2,289 shares were traded in the counter, compared with average daily volume of 15,959 shares in the past one quarter. The stock hit a high of Rs 765 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 738 so far during the day. The stock hit a 52-week low of Rs 408 on 12 February 2016. The stock had underperformed the market over the past 30 days till 23 September 2016, rising 2.58% compared with 2.99% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 34.32% as against Sensexs 8.60% rise.

The small-cap company has equity capital of Rs 28.12 crore. Face value per share is Rs 10.

KNR Constructions said that its board will meet on 30 September 2016, after the conclusion of the 21st annual general meeting of the company, to consider sub-division of the face value of the equity shares of Rs 10 per share to Rs 2 per share.

KNR Constructions net profit jumped 86.6% to Rs 30.21 crore on 73.9% growth in net sales to Rs 303.64 crore in Q1 June 2016 over Q1 June 2015.

KNR Constructions is an infrastructure development company providing engineering, procurement and construction services.

Powered by Capital Market - Live News

Smiths & Founders (India) to hold board meeting
Sep 26,2016

Smiths & Founders (India) will hold a meeting of the Board of Directors of the Company on 24 September 2016.

Powered by Capital Market - Live News

Rajani Extractions to hold board meeting
Sep 26,2016

Rajani Extractions will hold a meeting of the Board of Directors of the Company on 27 September 2016.

Powered by Capital Market - Live News

Samtex Fashions to hold board meeting
Sep 26,2016

Samtex Fashions will hold a meeting of the Board of Directors of the Company on 24 September 2016.

Powered by Capital Market - Live News

Choksi Laboratories to hold board meeting
Sep 26,2016

Choksi Laboratories will hold a meeting of the Board of Directors of the Company on 27 September 2016.

Powered by Capital Market - Live News

Railways will spend 100% outlay this fiscal: Manoj Sinha, MoS, Railways
Sep 26,2016

The Railways will meet 100% expenditure target this fiscal, said Mr. Manoj Sinha, Minister of State for Communications and Railways at an ASSOCHAM event.

n++The reforms will take time, Make India initiative will yield result in the coming yearn++, said Mr. Sinha while addressing an ASSOCHAM conference on 2nd Global Investors India Forum (GIIF).

Mr. Sinha said that NPAs (Non Performing Assets) is the result of old legacy. There have been massive corruption infrastructure sector.

n++The Dedicated Freight Corridor (DFD) activities are going on as per the schedulen++, said Mr. Sinha while addressing the event.

n++The High speed golden quadrilateral on- to start in Mumbai- Ahemdabad sector work as per the plann++, said Mr. Sinha at the second day of ASSOCHAM 2nd Global Investors India Forum (GIIF).

He further mentioned that 200 kmph trains will be seen in India too. Mr. Sinha said that Talgo has been advised to make changes to suit overnight journey.

The situation has improved since April 2014, said Mr. Sinha.

Powered by Capital Market - Live News

Vardhman Textiles jumps after board approves buyback
Sep 26,2016

The announcement was made on Saturday, 24 September 2016.

Meanwhile, the BSE Sensex was down 118.98 points, or 0.42%, to 28,549.24.

On BSE, so far 13,000 shares were traded in the counter, compared with average daily volume of 14,360 shares in the past one quarter. The stock hit a high of Rs 1,108 and a low of Rs 1,082 so far during the day. The stock hit a record high of Rs 1,116.75 on 21 September 2016. The stock hit a 52-week low of Rs 651.50 on 20 January 2016. The stock had outperformed the market over the past 30 days till 23 September 2016, rising 4.19% compared with 2.99% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 17.67% as against Sensexs 8.60% rise.

The mid-cap company has equity capital of Rs 63.65 crore. Face value per share is Rs 10.

The board of Vardhman Textiles approved the proposal to buyback the fully paid-up equity shares of face value of Rs 10 each of the company. The buyback shall be upto an aggregate amount not exceeding Rs 720 crore at a maximum price of Rs 1,175. At maximum buyback price, the buyback translates into approximately 61.27 lakh equity shares of the company.

The board noted the intention of the promoter and promoter group of the company to participate in the proposed buyback with the intent that subsequent to the buyback, the combined shareholding of the promoters remains atleast 60% of the post buyback total paid up capital of the company.

Vardhman Textiles consolidated net profit rose 24.16% to Rs 178.27 crore on 0.97% rise in net sales to Rs 1474.17 crore in Q1 June 2016 over Q1 June 2015.

Vardhman Group is a leading textile conglomerate in India. The group business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fibre and alloy steel.

Powered by Capital Market - Live News

86 MoUs Aggregating close to Rs 15,000 Crores Exchanged in IITIS-2016 & many more are in Pipeline
Sep 26,2016

Several announcements were made at the valedictory session of the Incredible India Tourism Investors Summit (IITIS)- 2016 organized by the Ministry of Tourism in partnership with Confederation of Indian Industry and the Tourism Finance Corporation of India to promote investments in Tourism sector in India. These announcements made by Secretary, M/o Tourism Shri Vinod Zutshi, included:

n++ Institutionalisation of IITIS to be held annually with the next Summit to be organized in September 2017;

n++ Setting up of a task force headed by Secretary, Tourism, with membership from relevant ministries, state governments, and industry associations to undertake strategic planning;

n++ Setting up of an investor facilitation desk to handhold investors and facilitate projects; and,

n++ Organising investor meets in States with the support of Ministry of Tourism.

States like Gujarat, Rajasthan, Karnataka, Uttarakhand,and Chattisgarh exchanged 86 MoUs during the session and many more are in the pipeline, aggregating close to Rs 15,000 crores. IITIS-2016 had met the desired objectives and highlighted tourism investment potential in the country. Gujarat exchanged MoUs close to 9000 crores, Karnataka with 2600 crores, Rajasthan with 1000 crores, Uttarakhand with 500 crores and Chhattisgarh with 12 crores. Also, B. R. Shetty Group is keen to invest 450 crores and Costa Cruise 750 crores and Triveni Singapore close to 800 crores in the country.

Dr. Mahesh Sharma, Minister of State (I/C) for Tourism and Culture assured the Investors that his ministry will assist and support investors for making India the tourist destination of choice and for promotion of investment projects in tourism sector. He referred to the tourist helpline in 12 languages and highlighted that a portal is being opened for inviting suggestions. n++Let us join hands to give tourists a memorable experience,n++ he added.

World Bank is supporting Indias Buddhist Circuit development and will provide support for sustainable tourism development including through funds, said Ms Cecile Fruman, Global Director, Trade and Competitiveness, World Bank.

Powered by Capital Market - Live News

NDRF deployed in rain affected areas of Hyderabad, Karnataka and Telengana
Sep 26,2016

Continuous heavy rains lashed several districts of Andhra Pradesh, Karnataka and Telengana where normal life has been thrown out of gear due to flood-like situation. Heavy downpour wreaked havoc in the low lying parts and stranded several people.

09 flood rescue teams of NDRF comprising of 309 rescuers, equipped with 32 Inflatable Rubber Boats (IRBs) and latest Communication equipment, have been pre-positioned at various rain-affected areas of Andhra Pradesh. 03 teams are pre-positioned at Peduguralu, Narsarapet and Amravati areas of district Guntur. 01 team each is pre-positioned at Hyderabad and Vizag. 02 teams each are pre-positioned at Srikakulam and Nellore districts.

05 flood rescue teams of NDRF comprising of 158 rescuers, equipped with 16 Inflatable Rubber Boats (IRBs) and latest Communication equipment, are pre-positioned at various flood prone areas of Telengana. 01 team each is pre-positioned at Medak and Nizamabad. 03 teams are pre-positioned at Hyderabad.

03 flood rescue teams of NDRF comprising of 84 rescuers, equipped with 10 Inflatable Rubber Boats (IRBs) and latest Communication equipment, are deployed at various flood prone areas of Karnataka. 01 team each is pre-positioned at Bidar, Kalaburagi and Banglore districts.

NDRF team deployed at Kalaburagi, Karnataka carried out flood rescue operation and evacuated 21 marooned persons to safer places.

In addition to above, 17 flood rescue teams of NDRF are also prepositioned across other States of the country for quick response to flood like situations.

NDRF teams are in touch with the local administration and monitoring the situation round the clock.

Powered by Capital Market - Live News