My Application Form Status

Check the status of your application form with 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

Government IT Spending in India to Reach US$ 7.2 Billion in 2016: Gartner
Oct 04,2016

The government in India is on pace to spend US$ 7.2 billion on IT products and services in 2016, an increase of 2.4% over 2015, according to Gartner, Inc. This forecast includes spending on internal services, software, IT services, data center, devices and telecom services. Government comprises state and local governments and national government.

IT services (which includes consulting, software support, business process outsourcing, IT outsourcing, implementation, and hardware support) is expected to grow 9.3% in 2016 to reach US$ 1.8 billion - with the business process outsourcing sub-segment growing 21%.

Telecom services will be a US$ 1.6 billion market, with the mobile network services sub-segment recording the fastest growth with 5.2% in 2016 to reach US$ 909 million.

Government spending on software will total US$ 885 million in 2016, a 4.5% increase from 2015, said Moutusi Sau, principal research analyst at Gartner. The software market will be led by growth in applications.

Internal services will growth 5.8% in 2016 to reach US$ 1.5 billion. Internal services refer to salaries and benefits paid to the information services staff of an organization. The information services staff includes all employees that plan, develop, implement and maintain information systems.

The e-governance initiatives to simplify digital channels and data-driven initiatives are driving investments in the government and are anticipated to grow through 2020. The Digital India initiatives are making government processes streamlined and integrating the data repositories, said Ms. Sau.

Further information on government sector IT spending is available for Gartner clients in the report, Forecast: Enterprise IT Spending for the Government and Education Markets, Worldwide, 2014-2020, 2Q16 Update. The forecasts provide total enterprise IT spending, including internal spending and multiple lines of detail for spending on hardware, software, IT services, and telecommunications for vertical industries and 43 countries within seven geographies.

Powered by Capital Market - Live News

Blue Star forays into the residential water purifiers business
Oct 04,2016

Blue Star has announced its entry into the residential water purifier business with the launch of a range of stylish, differentiated and premium products. The Company will initially offer residential water purifiers, and will gradually enhance its range to cover commercial water purification systems as well. This initiative is part of the Companys aggressive growthplans to expand its presence in related new product categories.

Blue Star has launched a range of 13 models, including colour variants, perhaps the largest by any new entrant in the category. It has chosen to stay away from the low cost gravity water purifier for now and will focus on electric purifiers initially. Out of the 13 models, 11 of them offer a double layered RO+UV protection to ensure that the water is absolutely safe and pure. The offering comprises four series called the Stella, Prisma,Edge and Majesto, with price points varying from Rs 14,900 to Rs 44,900.

Powered by Capital Market - Live News

Shilpa Medicare gains after USFDA approval for Azacitidine injection
Oct 04,2016

The announcement was made during trading hours today, 4 October 2016.

Meanwhile, the BSE Sensex was up 10.29 points, or 0.04%, to 28,253.58.

On BSE, so far 24,000 shares were traded in the counter, compared with average daily volume of 10,167 shares in the past one quarter. The stock hit a high of Rs 621.55 and a low of Rs 596.75 so far during the day. The stock hit a record high of Rs 636 on 3 October 2016. The stock hit a 52-week low of Rs 355 on 20 January 2016. The stock had outperformed the market over the past 30 days till 3 October 2016, rising 11.91% compared with 1.01% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 5.62% as against Sensexs 3.96% rise.

The mid-cap company has equity capital of Rs 7.71 crore. Face value per share is Re 1.

Shilpa Medicare said it has received an approval from the United States Food & Drug Administration (USPDA) for Azacitidine - injection Abbreviated New Drug Application (ANDA) of special economic (SEZ) formulations facility situated at Jadcherla, near Hyderabad.

Shilpa Medicares net profit rose 9.1% to Rs 24.13 crore on 7.4% rise in net sales to Rs 154.46 crore in Q1 June 2016 over Q1 June 2015.

Shilpa Medicare is engaged in the business of bulk drugs manufacturing.

Powered by Capital Market - Live News

Maruti Suzuki India sells one lakh Baleno cars in domestic market
Oct 04,2016

Maruti Suzuki Indias premium hatchback, Baleno, has cross cumulative domestic sale of one lakh units on 04 October 2016. In addition to domestic sales, 33800 Baleno cars have been exported across the world, including to Japan and Europe.

Powered by Capital Market - Live News

Chamanlal Setia Exports fixes record date for bonus issue
Oct 04,2016

Chamanlal Setia Exports has fixed 17 October 2016 as the Record Date for the purpose of determining the eligibility of Members who would be entitled to receive the Bonus Shares in the proportion of 1 (One) Bonus share for every existing 10(ten) fully paid-up shares each held.

Powered by Capital Market - Live News

Majesco provides update on capital raising program
Oct 04,2016

Majesco announced that due to the prevailing adverse market conditions, the Company has decided not to pursue the proposed capital raising program through a Qualified Institutional Placement until the situation stabilizes.

Powered by Capital Market - Live News

Majesco and IBM announce five year partnership
Oct 04,2016

Majesco and IBM have announced a five year partnership to jointly offer a new cognitive, cloud based platform to help insurance carriers worldwide to create new services on IBM Cloud. The global partnership is intended to help provide clients with the ability to speed the development of new customer services with a predictive data analytics for insurance providers to bring new solution to their clients. The joint IBM and Majesco offering will also provide a secure, global incubator for insurance companies to develop and launch new cognitive products and services via the cloud of clients.

Powered by Capital Market - Live News

JSW Steel provides update on subsidiary
Oct 04,2016

JSW Steel announced that the name of the Companys wholly owned subsidiary Company, JSW Praxair Oxygen, has been changed to JSW Industrial Gases with effect from 30 September 2016.

Powered by Capital Market - Live News

D S Kulkarni Developers announces resignation of company secretary & compliance officer
Oct 04,2016

D S Kulkarni Developers announced that Amol Ashok Purandare, Company Secretary and Compliance Officer of the Company has resigned from his duties w.e.f. 03 October 2016 to pursue his professional career.

Powered by Capital Market - Live News

Piccadily Agro Industries fixes record date for bonus issue
Oct 04,2016

Piccadily Agro Industries has fixed 13 October 2016 as the Record Date for the purpose of issue of Bonus Shares in the ratio of 1:1 to the shareholders of the Company.

Powered by Capital Market - Live News

Kajaria Ceramics ahead of record date for stock split
Oct 04,2016

Meanwhile, the BSE Sensex was up 58.83 points, or 0.21%, to 28,302.12.

On BSE, so far 5,084 shares were traded in the counter, compared with average daily volume of 8,052 shares in the past one quarter. The stock hit a high of Rs 721 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 705 so far during the day. The stock hit a 52-week low of Rs 395 on 5 October 2015. The stock had outperformed the market over the past 30 days till 3 October 2016, rising 9.12% compared with 1.01% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 15.21% as against Sensexs 3.96% rise.

The large-cap company has equity capital of Rs 15.89 crore. Face value per share is Re1.

Shares of Kajaria Ceramics turned ex-stock split today, 4 October 2016. Each equity share of Rs 2 fully paid up were divided into 2 equity shares of Rs 1 fully paid up. The primary motive of the stock-split proposal is to improve the liquidity in companys shares in the secondary equity market and to make the shares more affordable to small investors.

On a consolidated basis, net profit of Kajaria Ceramics rose 36.22% to Rs 63.41 crore on 8.41% rise in net sales to Rs 591.78 crore in Q1 June 2016 over Q1 June 2015.

Kajaria Ceramics manufactures ceramic/vitrified tiles.

Powered by Capital Market - Live News

Kajaria Ceramics gains ahead of record date for stock split
Oct 04,2016

Meanwhile, the BSE Sensex was up 58.83 points, or 0.21%, to 28,302.12.

On BSE, so far 5,084 shares were traded in the counter, compared with average daily volume of 8,052 shares in the past one quarter. The stock hit a high of Rs 721 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 705 so far during the day. The stock hit a 52-week low of Rs 395 on 5 October 2015. The stock had outperformed the market over the past 30 days till 3 October 2016, rising 9.12% compared with 1.01% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 15.21% as against Sensexs 3.96% rise.

The large-cap company has equity capital of Rs 15.89 crore. Face value per share is Re1.

Shares of Kajaria Ceramics turned ex-stock split today, 4 October 2016. Each equity share of Rs 2 fully paid up were divided into 2 equity shares of Rs 1 fully paid up. The primary motive of the stock-split proposal is to improve the liquidity in companys shares in the secondary equity market and to make the shares more affordable to small investors.

On a consolidated basis, net profit of Kajaria Ceramics rose 36.22% to Rs 63.41 crore on 8.41% rise in net sales to Rs 591.78 crore in Q1 June 2016 over Q1 June 2015.

Kajaria Ceramics manufactures ceramic/vitrified tiles.

Powered by Capital Market - Live News

Majesco surges after pact with IBM
Oct 04,2016

The announcement was made during market hours today, 4 October 2016.

Meanwhile, the S&P BSE Sensex was up 58.83 points or 0.21% at 28,302.12.

On BSE, so far 69,000 shares were traded in the counter as against average daily volume of 27,181 shares in the past one quarter. The stock hit a high of Rs 493 and a low of Rs 474 so far during the day. The stock had hit a record high of Rs 789 on 12 January 2016. The stock had hit a 52-week low of Rs 308.10 on 1 October 2015. The stock had underperformed the market over the past one month till 3 October 2016, sliding 4.35% compared with 1.01% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 13.24% as against Sensexs 4.05% rise.

The small-cap company has equity capital of Rs 11.62 crore. Face value per share is Rs 5.

The global partnership between Majesco and IBM is intended to help provide clients with the ability to speed the development of new customer services with predictive data analytics for insurance providers to bring new solutions to their clients.

On a consolidated basis, Majesco reported net profit of Rs 1.71 crore in Q1 June 2016 compared with net loss of Rs 1.97 crore in Q4 March 2016. Net sales rose 0.76% to Rs 216.27 crore in Q1 June 2016 over Q4 March 2016.

Majesco enables insurance business transformation for about 150 insurance customers worldwide by providing solutions which include software, consulting and services.

Powered by Capital Market - Live News

More than 3740 MT pulses procured from farmers during ongoing Kharif season
Oct 04,2016

The Government agencies have procured 3740.47 MT pulses as on 02 October 2016 during ongoing Kharif Marketing Season (KMS).

The Central Government has directed FCI and NAFED to procure Kharif pulses from the farmers to ensure MSP for their crops. The agencies have set up 417 procurement centres in pulses producing states to ensure their reach to the farm gates for procurement of Moong and Urad. More centres will be set up if required on the arrival of Tur crop.

So far, FCI has procured 1075.34 MT and NAFED 2665.13MT pulses since the arrival of Kharif pulses during ongoing KMS 2016-17.

The Government has set up the procurement target of 50,000 MT Kharif pulses during current KMS for its buffer stock.

Powered by Capital Market - Live News

Shilpa Medicare gets approval for Azacitidine - Injection ANDA
Oct 04,2016

Shilpa Medicare announced that the Company has received an approval from the United States Food & Drug Administration (USPDA) for AZACITIDINE - INJECTION ANDA of SEZ Formulations Facility situated at Jadcherla, near Hyderabad.

Powered by Capital Market - Live News