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

Mphasis to hold EGM
Sep 16,2016

Mphasis announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 October 2016 .

Powered by Capital Market - Live News

Public sector banks nudge higher
Sep 16,2016

Bank of India (up 2.43% at Rs 122.05), Indian Bank (up 2% at Rs 218.85), Bank of Baroda (up 1.98% at Rs 169.90), State Bank of India (up 1.78% at Rs 260.35), Canara Bank (up 1.71% at Rs 309.90), IDBI Bank (up 1.24% at Rs 77.35), United Bank of India (up 0.91% at Rs 22.15) and Corporation Bank (up 0.44% at Rs 45.25) edged higher.

Meanwhile, the S&P BSE Sensex was up 353.78 points or 1.25% at 28,766.67.

The union finance minister Arun Jaitley is scheduled to hold a quarterly performance review meeting with the Chief Executive Officers (CEOs) and Managing Directors (MDs) of public sector banks (PSBs) and financial institutions(FIs) today, 16 September 2016. During the one day meeting, Jaitley will review the overall performance of PSBs in the current financial year (FY 2017) and last quarter in particular. The finance minister will review the progress of credit and growth and asset quality especially with regard to priority sectors lending including credit flow to agriculture and insurance sector, MSE, minorities, SC & ST, education and housing loan among others. The issues relating to financial inclusion and literacy as well as non performing assets (NPAs) are also likely to be discussed during the one day meeting, the government said in a press statement yesterday, 15 September 2016.

Union Bank of India was up 1.74% at Rs 146. The bank said that on 15 September 2016 it issued 10,000 non-convertible, unsecured subordinated Basel III compliant perpetual debt instruments eligible for inclusion in Additional Tier 1 capital. The bonds are issued for face value of Rs 10 lakh each at par aggregating to Rs 1000 crore on private placement basis bearing 9.50% per annum coupon payable annually. The announcement was made after market hours yesterday, 15 September 2016.

Punjab National Bank was up 2.05% at Rs 141.55. The bank said that consequent upon receipt of capital funds to the tune of Rs 2112 crore from the Government of India on 14 September 2016, the bank has issued and allotted 16.43 crore equity shares at Rs 128.49 per equity share on preferential basis to Government of India. The announcement was made after market hours yesterday, 15 September 2016.

Powered by Capital Market - Live News

Outcome of board meeting of Ricoh India
Sep 16,2016

Ricoh India announced that the Board of Directors of the Company in their emergent meeting held on 16 September 2016 have decided to convene an Extra-ordinary General Meeting of the members of the Company on 14 October 2016 at 10:00 AM at Hotel Hyatt Regency Mumbai, Sahar Airport Road, Andheri East, Mumbai - 400 099.

Powered by Capital Market - Live News

Safal Securities fixes record date for consolidation of shares
Sep 16,2016

Safal Securities has fixed 14 October 2016 as the Record Date for the purpose of Consolidation of the Equity Shares of the Company from Rs. 5/- to Rs. 10/- each per Equity Shares.

Powered by Capital Market - Live News

Aurionpro Solutions completes acquisition of Spikes Securities Inc.
Sep 16,2016

Aurionpro Solutions has completed the acquisition and subsequent merger of Spikes Security Inc. with Aurionpros Enterprise Security Division. The Silicon Valley based subsidiary for enterprise security will operate under the new brand name of Cyberinc - An Aurionpro Company and will be headquartered in Los Gatos, California.

Powered by Capital Market - Live News

Tube Investments gains after forming JV with Absolute Speciality to open bicycle cafes
Sep 16,2016

The announcement was made after market hours yesterday, 15 September 2016.

Meanwhile, the BSE Sensex was up 344.17 points, or 1.21%, to 28,757.06.

On BSE, so far 3,411 shares were traded in the counter, compared with an average volume of 43,429 shares in the past one quarter. The stock hit a high of Rs 604.95 so far during the day, which is a record high for the stock. The stock hit a low of Rs 593.90 so far during the day. The stock hit a 52-week low of Rs 352 on 25 February 2016. The stock had outperformed the market over the past one month till 15 September 2016, rising 4.35% compared with 0.93% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 30.57% as against Sensexs 6.31% rise.

The large-cap company has an equity capital of Rs 37.47 crore. Face value per share is Rs 2.

Tube Investments of India (TIIL) announced that it has entered into a 50-50 joint venture with Chennai based Absolute Speciality Foods Chennai to open bicycle cafes in select locations in India, to be operated under the brand name Ciclo Cafn++. Ciclo Cafn++ is a popular brand name in hospitality and cycling circuits. In the present operations of the Ciclo Cafn++ outlet in Chennai, TII owns and operates the bicycles business and Absolute Speciality owns and operates the cafn++ foods and beverages (F&B) business. This would also become part of the joint venture company. Under the joint venture agreement, Ciclo Cafn++ brand is now slated for expansion into two other metros namely, Gurgaon and Hyderabad by the year ending 31 March 2017 (FY 2017) and will look for opportunities to open in other cities.

A new 50-50 JV company namely, TI Absolute Concepts has been formed by the two partners. The board of directors of TII approved investment by the company of a sum not exceeding Rs 10 crore in one or more tranches, in the equity share capital of the JV company. The proposed initial investment will be of the order of Rs 15 crore contributed equally by the two JV partners. The existing restaurant business of Absolute will be transferred to the JV company and the bicycle theme restaurant will be operated under the brand name Ciclo Cafn++. The JV company will have a total of 4 board of directors, with each JV partner nominating 2 directors each.

Tube Investments of Indias net profit rose 135.4% to Rs 42.40 crore on 6.7% rise in net sales to Rs 1023.95 crore in Q1 June 2016 over Q1 June 2015.

Tube Investments of India is primarily engaged in the production of steel tubes, cold rolled steel strips and metal sections, as well as bicycles and all critical bicycle components. Its unit TI Cycles is a leading bicycle maker in India.

Powered by Capital Market - Live News

OCL Iron & Steel to hold AGM
Sep 16,2016

OCL Iron & Steel announced that the th Annual General Meeting(AGM) of the company on 26 September 2016.

Powered by Capital Market - Live News

Prism Informatics to hold board meeting
Sep 16,2016

Prism Informatics will hold a meeting of the Board of Directors of the Company on 16 September 2016 to consider theOffer and issue equity shares to the existing share holders of the Company as on a record date, on a right basis (n++Right Issuen++) and to fix terms and conditions of the Right Issue, including the issue price, issue size, right entitlement ratio, fractional entitlement and record date for determining eligibility of the shareholders to whom the equity shares are to be issued under the Right Issue subject to, amongst other things, requisite sanctions and approvals.

Powered by Capital Market - Live News

Sterling Guaranty & Finance to hold AGM
Sep 16,2016

Sterling Guaranty & Finance announced that the 32th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Suzlon gains on securing new order
Sep 16,2016

The announcement was made during market hours today, 16 September 2016.

Meanwhile, the S&P BSE Sensex was up 348.12 points or 1.23% at 28,761.01.

On BSE, so far 14.56 lakh shares were traded in the counter as against average daily volume of 41.66 lakh shares in the past one quarter. The stock hit a high of Rs 16.40 and a low of Rs 16 so far during the day. The stock had hit a 52-week high of Rs 25.25 on 2 November 2015. The stock had hit a 52-week low of Rs 12.80 on 12 February 2016. The stock had underperformed the market over the past one month till 15 September 2016, sliding 3.63% compared with 0.93% rise in the Sensex. The scrip had also underperformed the market in past one quarter, declining 12.12% as against Sensexs 6.31% rise.

The mid-cap company has equity capital of Rs 1004.88 crore. Face value per share is Rs 2.

The order comprises of Suzlons latest product offerings viz. the S111 90m tubular tower and S97 120m Hybrid Tower with a rated capacity of 2.1 megawatts (MW) each. Suzlon will provide a comprehensive range of services and dedicated life cycle asset management services for an initial period of 10 years. The projects will be located at two sites, Madhya Pradesh and Gujarat. The projects are scheduled to be completed by June 2017.

On a consolidated basis, Suzlon Energy reported net loss of Rs 259.97 crore in Q1 June 2016 compared with net profit of Rs 1014.34 crore in Q1 June 2015. Net sales declined 36.2% to Rs 1649.58 crore in Q1 June 2016 over Q1 June 2015.

The Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries. The company has recently forayed into the solar space.

Powered by Capital Market - Live News

Canara Bank appoints director
Sep 16,2016

Canara Bank announced that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, has appointed P V Bharathi, General Manager of our Bank as Executive Director of Canara Bank for a period of three years w.e.f. the date of her taking over charge of the post or until further orders, whichever is earlier, vide notification dated 15 September 2016.

She has taken charge as Executive Director of the Bank w.e.f. 15 September 2016.

Powered by Capital Market - Live News

Nava Bharat Ventures moves higher as Reliance MF purchases bulk shares
Sep 16,2016

Meanwhile, the S&P BSE Sensex was up 346.88 points or 1.22% at 28,759.77.

On BSE, so far 2.16 lakh shares were traded in the counter as against average daily volume of 1.13 lakh shares in the past one quarter. The stock hit a high of Rs 127.80 and a low of Rs 121.35 so far during the day. The stock had hit a 52-week high of Rs 134.80 on 22 July 2016. The stock had hit a 52-week low of Rs 64 on 12 February 2016. The stock had outperformed the market over the past one month till 15 September 2016, advancing 4.7% compared with 0.93% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 9.85% as against Sensexs 6.31% rise.

The small-cap company has equity capital of Rs 35.72 crore. Face value per share is Rs 2.

HC Mauritius sold 40 lakh shares at an average price of Rs 112.01 per share in this deal.

On a consolidated basis, Nava Bharat Ventures net profit fell 32.1% to Rs 29.21 crore on 9.3% decline in net sales to Rs 313.72 crore in Q1 June 2016 over Q1 June 2015.

Nava Bharat Ventures operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.

Powered by Capital Market - Live News

Den Networks gains on fund raising plans
Sep 16,2016

The announcement was made after market hours yesterday, 15 September 2016.

Meanwhile, the S&P BSE Sensex was up 320.32 points or 1.13% at 28,733.21.

More than usual volumes were traded on the counter. On BSE, so far 62,310 shares were traded in the counter as against average daily volume of 20,452 shares in the past one quarter. The stock hit a high of Rs 79.80 and a low of Rs 75 so far during the day. The stock had hit a 52-week high of Rs 133 on 21 September 2015. The stock had hit a 52-week low of Rs 60.50 on 15 February 2016. The stock had underperformed the market over the past one month till 15 September 2016, falling 16.22% compared with 0.93% rise in the Sensex. The scrip had also underperformed the market in past one quarter, dropping 18.89% as against Sensexs 6.31% rise.

The small-cap company has equity capital of Rs 178.20 crore. Face value per share is Rs 10.

Den Networks said that a meeting of the board of directors of the company will be held on 20 September 2016, to discuss and approve proposal for preferential issue of shares to one of the leading global financial investors who will form part of the persons belonging to non promoter category, subject to approval of the board of directors, shareholders and in compliance with the all applicable laws.

Den Networks reported net loss of Rs 57.31 crore in Q1 June 2016 compared with net loss of Rs 50.75 crore in Q1 June 2015. Net sales rose 24% to Rs 236.97 crore in Q1 June 2016 over Q1 June 2015.

Den Networks is one of leading cable TV distribution companies in India.

Powered by Capital Market - Live News

Lycos partners with Breaking Data
Sep 16,2016

Lycos Internet has signed a key partnership agreement with Breaking Data to power Lycos Sports. This easy to use mobile App will be available to U.S. Lycos users in October, followed by other countries including India.

Powered by Capital Market - Live News

US stocks end higher
Sep 16,2016

US stocks finished higher on Thursday, 15 September 2016 near their intraday highs, as an Apple-inspired rally in the tech sector helped to lift the broader market following a deluge of macroeconomic reports. The three main benchmarks on Thursday marked their fourth move of at least 1% in the past five sessions, after more than a month of torpor as volatility escalates in September. Earlier in the session, investors were training their focus on retail sales, which showed a decline in Augustn++the first since March. Meanwhile a weekly report on jobless claims ticked higher but remained at historically low levels. And, producer prices remained flat, suggesting lack of inflation pressures.

Earlier, stocks had traced fluctuations oil prices, but West Texas Intermediate ended settling up 0.8% at $43.91 a barrel. Slumping crude-oil prices weighed on stocks on Wednesday, leaving the Dow Industrials and the S&P 500 to close in negative territory.

The Dow Jones Industrial Average closed up 177.71 points, or 1%, at 18,212.48. The S&P 500 index wrapped up 21.49 points, or 1%, to 2,147.26. The Nasdaq Composite Index enjoyed the sharpest rise among its peers, closing 75.92 points, or 1.5%, higher at 5,249.69.

All 30 of the Dow components finished in the green. The tech rally was led by a 3.4% surge in shares of Apple. All of the main indexes benefited from Apples consistent weekly jumpn++its fourth consecutive rise of at least 2%. For this week alone, shares are up 12%.

The Cupertino, California based tech giant, Apple has been among best performing shares this week, following strong demand for its new iPhones and upbeat analyst comments. Apple tends to do well in times of market volatility, which has been a major theme this week.

The U.S. central bank is widely expected to hold fire next week when it meets. There wont be any comments from Fed officials in the run-up to the meeting as the central bank is in its so-called blackout period.

A broad index for the greenback switched between gains and losses on Thursday. The buck was slightly weaker versus the yen. It gained ground against the U.K.s sterling after the Bank of England left rates and bond-buying untouched but cracked the door open for a future rate cut.

The flurry of economic reports Thursday included a closely watched snapshot of retail sales. Sales at U.S. retailers fell 0.3% in August and declined for the first time in five months. U.S. producer prices were flat in August, while regional manufacturing gauges measuring conditions in the New York area and Philadelphia both showed improvement. Economic data can sway the Feds decisions on interest rates.

Weekly jobless claims ticked up slightly to 260,000 but the level of layoffs continues to be the lowest since the 1970s. U.S. wholesale prices were flat in August, mostly because of sharp declines in the cost of food and gasoline. The Empire State manufacturing index, which measures conditions in the New York area, remained in contraction territory. Industrial production contracted in August after a promising expansion in the previous two months, the Federal Reserve said Thursday.

Crude oil prices ended mildly higher at Nymex on 15 September 2016. Gasoline futures rallied Thursday by more than 5%, providing a lift to oil prices following a two-session decline, as the shutdown of a key pipeline looked set to stretch into a full week. The temporary closure of the Colonial Pipeline Line 1, which transports 1.2 million barrels of gasoline a day from Texas as far as New Jersey, began last Friday because of a leak.

October West Texas Intermediate crude rose 33 cents, or 0.8%, to settle at $43.91 a barrel on the New York Mercantile Exchange after tallying a loss of nearly 6% in the past two sessions. November Brent on the ICE Futures exchange in London added 74 cents, or 1.6%, to $46.59 a barrel.

Early Thursday, oil prices were pressured by some strength in the dollar and expectations for higher global production, as downbeat U.S. economic data spurred concerns over the prospects for energy demand.

Bullion prices ended lower on Thursday, 15 September 2016. Gold prices dropped to mark a sixth loss in seven sessions as investors sifted through the latest deluge of U.S. economic data in the run up to next weeks meeting of the Federal Reserve. A deluge of macroeconomic reports drew into focus the near-term picture for interest rate-sensitive trading in currencies and metals. Both the Federal Reserve and the Bank of Japan are slated to hold policy meetings next week, which could influence the buck and dollar-priced assets like metals.

December gold fell $8.10, or 0.6%, to settle at $1,318 an ouncen++the lowest level in two weeks. December silver fell 2.5 cents, or 0.1%, to $19.041 an ounce.

Treasuries ended on a mixed note. The yield on the 2-yr note fell two basis points to 0.74% while the yield on the 10-yr note finished flat at 1.70%.

Todays participation was above the recent average as more than 819 million shares changed hands on the NYSE floor.

Tomorrows economic data will include CPI for August (consensus +0.1%) and the preliminary reading of the Michigan Sentiment Index for September (consensus 91.5), which will cross the wires at 8:30 ET and 10:00 ET, respectively. Separately, Net Long-Term TIC Flows for July will be released at 16:00 ET.

Powered by Capital Market - Live News