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

Bombay Burmah Trading Corp gains after board approves raising funds
Oct 05,2016

Meanwhile, the BSE Sensex was down 33.69 points, or 0.12%, to 28,300.86.

On BSE, so far 2.49 lakh shares were traded in the counter, compared with average daily volume of 59,692 shares in the past one quarter. The stock hit a high of Rs 673.40 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 617.80 so far during the day. The stock hit a 52-week low of Rs 311 on 12 February 2016. The stock had outperformed the market over the past 30 days till 4 October 2016, rising 23.26% compared with 0.69% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 49.96% as against Sensexs 4.30% rise.

The mid-cap company has equity capital of Rs 13.95 crore. Face value per share is Rs 2.

Bombay Burmah Trading Corporation announced that its board approved the proposal for raising funds upto Rs 250 crore through issue of commercial paper/secured, redeemable, non- convertible debentures (NCDs). The board entrusted the functions of deciding on the issue date, denomination, terms and conditions of issue etc. to a committee formed for the purpose.

Bombay Burmah Trading Corporation reported net loss of Rs 3.67 crore in Q1 June 2016 as against net loss of Rs 1.22 crore in Q1 June 2015. Net sales declined 3.3% to Rs 63.38 crore in Q1 June 2016 over Q1 June 2015.

Bombay Burmah Trading Corporation has diversified its interests into tea, coffee, other plantation products, biscuit and dairy products, auto electric and white goods parts, weighing products, horticulture and landscaping services, healthcare products (viz.) dental, orthopaedic and opthalmic products.

Powered by Capital Market - Live News

Hexware Technologies expands presence in Europe region
Oct 05,2016

Hexware Technologies expanded its delivery presence in the European region by announcing the opening of its latest Global Delivery Centre (GDC) in Bucharest, Romania. This is in addition to the London and Tver (Russia) GDCs that Hexaware already uses to service its European and Global clients.

Powered by Capital Market - Live News

Cabinet approves MoU between India and European Union on water cooperation
Oct 05,2016

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for the signing of MoU between India and European Union in the field of water resources.

The MoU envisages strengthening the technological, scientific and management capabilities of India and the European Union in the field of water management on the basis of equality, reciprocity and mutual benefit. It provides technical exchange on water issues, including on integrated water resource management plans within river basins and through study visits.

The MoU aims to identify key environmental issues and approaches to sustainable development where exchange of experiences and cooperation could be mutually beneficial to strengthen and further develop cooperation between India and the European Union in the field of water management. It envisions a more sustainable management of water resources in India with an objective of tackling the challenges posed by water management in the context of growing population, competing water demands and a changing climate. A Joint Working Group shall be formed to monitor the activities to be carried out in fulfillment of the MoU.

Background

The Ministry of Water Resources, River Development and Ganga Rejuvenation has been envisaging bilateral cooperation with other countries in water resources development and management through sharing of policy and technical expertise, conducting of training courses, workshops, scientific and technical symposia, exchange of experts and study tours. Keeping in view the success of the European Union in distribution of water resources, water pricing, water use efficiency by encouraging the changes in agricultural practices necessary to protect water resources and quality, such as switching to less water-demanding crops, etc., it has been decided to have an agreement with Israel to benefit from their experience and expertise. The EU States have adopted water pricing policies to provide adequate incentives for users to use water resources efficiently thereby contributing to environmental objectives.

Powered by Capital Market - Live News

Vedanta moves north on reports of contemplating revival of Malco
Oct 05,2016

Meanwhile, the S&P BSE Sensex was down 27.66 points or 0.1% at 28,306.89.

On BSE, so far 8.79 lakh shares were traded in the counter as against average daily volume of 14.25 lakh shares in the past one quarter. The stock hit a high of Rs 191.15 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 188.05 so far during the day. The stock had hit a 52-week low of Rs 58.10 on 12 February 2016. The stock had outperformed the market over the past one month till 4 October 2016, surging 8.71% compared with 0.69% fall in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 34.98% as against Sensexs 3.87% rise.

The large-cap company has equity capital of Rs 296.47 crore. Face value per share is Rs 1.

While ruling out any aluminium production, the company is discussing internally if The Madras Aluminium Company (Malco) unit in Tamil Nadu could be used for recycling purposes, reports suggested. Malco used to be a major aluminium producer, encompassing mining, refining and smelting. Currently, it is only into power generation, reports stated.

Separately, media reports suggested that Vedanta expects that Goa will export around 20 million tonnes of iron ore in the current fiscal. Goa produces low grade iron ore which is exported to China. After removal of the mining ban by the Supreme Court in 2014, the state is allowed to mine 20 million tonnes, with the highest share of 5.5 million tonnes going to Vedanta, reports suggested.

Vedantas consolidated net profit fell 27% to Rs 615.02 crore on 15.2% decline in net sales to Rs 14364.01 crore in Q1 June 2016 over Q1 June 2015.

Vedanta is a diversified natural resources company. Its business primarily involves producing oil & gas, zinc - lead-silver, copper, iron ore, aluminium and commercial power. The company has a presence across India, South Africa, Namibia, Australia, Ireland, Liberia and Sri Lanka.

Powered by Capital Market - Live News

Ashoka Buildcon provides update on KRDCL projects
Oct 05,2016

Ashoka Buildcon announced that the Company has received Letter from Karnataka Road Development Corporation regarding declaration of achievement of financial closure and appointed date as 03 October 2016 for the two road projects in the State of Karnataka. These projects will be executed by Ashoka Bagewadi Suandatti Road and Ashoka Hungund Talikot Road, wholly owned subsidiaries of the Company.

Powered by Capital Market - Live News

Alembic Pharmaceuticals gets EIR report for its formulation facility at Panelav
Oct 05,2016

Alembic Pharmaceuticals announced that the Companys Formulation Facility located at Panelav has received Establishment Inspection Report (EIR) from US Food & Drug Administration (FDA) for the inspection carried out by them in March, 2016.

Powered by Capital Market - Live News

Supernova Advertising to hold board meeting
Oct 05,2016

Supernova Advertising will hold a meeting of the Board of Directors of the Company on 4 October 2016.

Powered by Capital Market - Live News

Dr Reddys Laboratories to hold board meeting
Oct 05,2016

Dr Reddys Laboratories will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Kirloskar Industries to hold board meeting
Oct 05,2016

Kirloskar Industries will hold a meeting of the Board of Directors of the Company on 19 October 2016 to consider and take on record Standalone Un-audited Financial Results for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

V-Guard Industries to hold board meeting
Oct 05,2016

V-Guard Industries will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consideration and adoption of unaudited financial statements of the Company for the quarter ended September 30, 2016.

Powered by Capital Market - Live News

Hil to hold board meeting
Oct 05,2016

Hil will hold a meeting of the Board of Directors of the Company on 17 October 2016 to consider and take on record, among other matters the Un-audited financial results of the Company for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Mphasis to hold board meeting
Oct 05,2016

Mphasis will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider and approve the audited financial results of Mphasis Limited and Group for the quarter and six months period ended September 30, 2016 (Q2).

Powered by Capital Market - Live News

ABB to install solar-based microgrid for renewable energy generation
Oct 05,2016

ABB India announced that it will install a fully integrated and standardised microgrid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This microgrid with rooftop photo voltaic field at the Companys biggest manufacturing location in India with around 3000 employees will help ensure uninterrupted power supply.

Powered by Capital Market - Live News

Spisys to hold board meeting
Oct 05,2016

Spisys will hold a meeting of the Board of Directors of the Company on 7 October 2016 To review the operations of the Company.

Powered by Capital Market - Live News

Maruti Securities to hold board meeting
Oct 05,2016

Maruti Securities will hold a meeting of the Board of Directors of the Company on 24 October 2016 to consider Unaudited financial results for the quarter ended September 30, 2016.

Powered by Capital Market - Live News