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

MEP Infrastructure Developers gains winning toll collection contract in Jharkhand
Aug 23,2016

The announcement was made after market hours yesterday, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 21.45 points, or 0.08%, to 27,964.09

On BSE, so far 79,000 shares were traded in the counter, compared with average daily volume of 1.34 lakh shares in the past one quarter. The stock hit a high of Rs 45.05 and a low of Rs 43.50 so far during the day. The stock hit a 52-week high of Rs 59.70 on 21 October 2015. The stock hit a 52-week low of Rs 34.20 on 12 February 2016. The stock had underperformed the market over the past 30 days till 22 August 2016, falling 4.62% compared with 0.66% rise in the Sensex. The scrip also underperformed the market in past one quarter, gaining 1.8% as against Sensexs 10.59% rise.

The small-cap company has an equity capital of Rs 162.57 crore. Face value per share is Rs 10.

MEP Infrastructure Developers said that the company has received the Letter of Acceptance (LOA) dated 22 August 2016 from National Highways Authority of India (NHAI) informing that the company has been engaged as the contractor for the project of collection of user fee through fee collection agency on the basis of competitive bidding through (e-tender) for Ghangari toll plaza of National Highway No. 2 in Jharkhand. The contractual amount for the project is Rs 79.29 crore payable to NHAI on a weekly basis over a period of 1 year, MEP Infrastructure Developers said.

MEP Infrastructure Developers consolidated net profit declined 9.69% to Rs 10.06 crore on 2.14% rise in net sales to Rs 516.26 crore in Q4 March 2016 over Q4 March 2015.

MEP Infrastructure Developers is among the leading players in tolling operations in the road infrastructure sector.

Powered by Capital Market - Live News

MEP Infrastructure Developers gains after winning toll collection contract in Jharkhand
Aug 23,2016

The announcement was made after market hours yesterday, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 21.45 points, or 0.08%, to 27,964.09

On BSE, so far 79,000 shares were traded in the counter, compared with average daily volume of 1.34 lakh shares in the past one quarter. The stock hit a high of Rs 45.05 and a low of Rs 43.50 so far during the day. The stock hit a 52-week high of Rs 59.70 on 21 October 2015. The stock hit a 52-week low of Rs 34.20 on 12 February 2016. The stock had underperformed the market over the past 30 days till 22 August 2016, falling 4.62% compared with 0.66% rise in the Sensex. The scrip also underperformed the market in past one quarter, gaining 1.8% as against Sensexs 10.59% rise.

The small-cap company has an equity capital of Rs 162.57 crore. Face value per share is Rs 10.

MEP Infrastructure Developers said that the company has received the Letter of Acceptance (LOA) dated 22 August 2016 from National Highways Authority of India (NHAI) informing that the company has been engaged as the contractor for the project of collection of user fee through fee collection agency on the basis of competitive bidding through (e-tender) for Ghangari toll plaza of National Highway No. 2 in Jharkhand. The contractual amount for the project is Rs 79.29 crore payable to NHAI on a weekly basis over a period of 1 year, MEP Infrastructure Developers said.

MEP Infrastructure Developers consolidated net profit declined 9.69% to Rs 10.06 crore on 2.14% rise in net sales to Rs 516.26 crore in Q4 March 2016 over Q4 March 2015.

MEP Infrastructure Developers is among the leading players in tolling operations in the road infrastructure sector.

Powered by Capital Market - Live News

Dull day for precious metals
Aug 23,2016

Bullion prices finished lower on Monday, 22 August 2016 for a second session, pressured by expectations that a speech from U.S. Federal Reserve Chairwoman Janet Yellen later this week will support an interest-rate hike as soon as September, fueling a rise in the dollar.

On Monday, December gold fell $2.80, or 0.2%, to settle at $1,343.40 an ounce after a 0.8% loss on Friday. Gold managed a gain of roughly 0.2% last week.

September silver settled at $18.859 an ounce, down 45.8 cents, or 2.4%. The white metal ended Friday with a roughly 2% weekly decline.

Fed members are set to converge on Jackson Hole near the end of the week for an annual policy retreat. Investors will parse Yellens speech on Friday for clues on the near-term fate of interest rates.

The ICE U.S. dollar index was up 0.1% on Monday as gold futures settled. The greenback had tapped a seven-week low last week but regained a portion of the slide, sending gold still lower in the wake of hawkish rate talk from Fed Vice Chairman Stanley Fischer over the weekend. A firmer dollar makes dollar-priced gold less attractive to overseas buyers. Additionally, higher interest rates can dull the appeal of gold, which doesnt bear interest, in favor of investment alternatives that offer better yields.

Powered by Capital Market - Live News

Sadbhav Infrastructure Project to hold AGM
Aug 23,2016

Sadbhav Infrastructure Project announced that the 10th Annual General Meeting (AGM) of the company will be held on 28 September 2016.

Powered by Capital Market - Live News

ADS Diagnostic to hold AGM
Aug 23,2016

ADS Diagnostic announced that the 31st Annual General Meeting (AGM) of the company will be held on 28 September 2016.

Powered by Capital Market - Live News

Omega Interactive Technologies to hold AGM
Aug 23,2016

Omega Interactive Technologies announced that the Annual General Meeting (AGM) of the company will be held on 14 September 2016.

Powered by Capital Market - Live News

Rajasthan Tube Manufacturing Co to hold AGM
Aug 23,2016

Rajasthan Tube Manufacturing Co announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2016.

Powered by Capital Market - Live News

OCL India to hold AGM
Aug 23,2016

OCL India announced that the 66th Annual General Meeting (AGM) of the company will be held on 20 September 2016.

Powered by Capital Market - Live News

Delta Corp allots equity shares
Aug 23,2016

Delta Corp announced that the Allotment Committee of the Board of Directors of the Company at its meeting held on 22 August 2016, has made allotment of 2,00,000 Equity Shares of Re. 1/- each to the employee of the Company under Delta Corp ESOP- 2009 Scheme.

The paid up Equity Share Capital of the Company has accordingly increased from 23,09,44,104 Equity Shares of Re. 1/- each to 23,11,44,104 Equity Shares of Re. 1/- each.

Powered by Capital Market - Live News

Britannia Industries allots equity shares
Aug 23,2016

Britannia Industries announced that the on 22 August 2016 has allotted 25000 equity shares under ESOP. With this allotment, the total paid up capital of the Company has increased to 12,00,00,815 equity shares of Rs 2 each.

Powered by Capital Market - Live News

Welspun India extends slide post severance of ties with US client
Aug 23,2016

Meanwhile, the S&P BSE Sensex was up 16.02 points or 0.06% at 28,001.56.

On BSE, so far 1.17 lakh shares were traded in the counter as against average daily volume of 1.34 lakh shares in the past one quarter. The stock was locked at Rs 65.85 so far during the day, which is also a 52-week low for the stock. The stock had hit a record high of Rs 119.90 on 14 June 2016. The stock had underperformed the market over the past one month till 22 August 2016, sliding 23.01% compared with the Sensexs 0.66% rise. The scrip had also underperformed the market in past one quarter, dropping 17.58% as against the Sensexs 10.61% rise.

The mid-cap company has equity capital of Rs 100.47 crore. Face value per share is Rs 1.

Shares of Welspun India had hit 20% lower circuit to settle at Rs 82.30 yesterday, 22 August 2016 after the US based retailer, Target Corporation in a statement issued on 19 August 2016 said that it is in the process of terminating its contract with the company over a cotton supply dispute. Target Corporation said that its vendor, Welspun Global Brands (Welspun), was one of the producers of Egyptian Cotton 500-thread count sheets under the Fieldcrest label for Target. After an extensive investigation, Target recently confirmed that Welspun substituted another type of non-Egyptian cotton when producing these sheets between August 2014 and July 2016 without Target having any knowledge of this substitution. These sheets were produced by a number of vendors and only Welspun was substituting product. Target said it was a clear violation of both Targets code of conduct and standards of vendor engagement, and was contrary to the high ethical standards to which the company hold itself, and its vendors.

As soon as Targets investigation confirmed the substitution, it pulled all remaining product from Target stores and Target.com. On 19 August 2016, the company began reaching out to all REDcard and Target.com customers who purchased the sheets between August 2014 and July 2016 and offered them a full refund. The company is reassuring its customers that this is not an issue of safety and there is no risk in continuing to use this product.

In response to the above development, Welspun India in a statement on Saturday, 20 August 2016 confirmed that it encountered a product specification issue with one client program of its subsidiary, Welspun Global Brands. Welspun India said that it has initiated immediate actions to investigate the root cause of the issue. The company is appointing one of the Big Four external audit firms to audit its supply systems and processes. This is an issue of highest priority for the company and the company will take all necessary steps to address it, Welspun said in a statement. Welspun added that it has an impeccable record of supplying quality products to customers globally for over two decades and reiterated its commitment to the highest standards of customer service and compliance.

Welspun Indias consolidated net profit rose 10.3% to Rs 201.85 crore on 11.3% rise in net sales to Rs 1386.46 crore in Q1 June 2016 over Q1 June 2015.

Welspun India is the leading home fashions supplier in the USA and amongst the top 3 global manufacturers of bed and bath linen.

Powered by Capital Market - Live News

Kirloskar Electric Company opens QIP issue
Aug 23,2016

Kirloskar Electric Company announced that the QIP committee of the Company at its meeting held on 22 August 2016 authorised the opening of the QIP on 23 August 2016; approved the preliminary document dated 22 August 2016 in connection with the QIP; and approved the floor price for the QIP at Rs 48.56 per share.

Powered by Capital Market - Live News

Indo Count Industries gains as board to consider stock-split proposal
Aug 23,2016

The announcement was made after market hours yesterday, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 21.41 points, or 0.08%, to 27,964.13

On BSE, so far 2,922 shares were traded in the counter, compared with average daily volume of 12,494 shares in the past one quarter. The stock hit a high of Rs 945.05 and a low of Rs 932.50 so far during the day. The stock hit a record high of Rs 1,248.45 on 8 February 2016. The stock hit a 52-week low of Rs 720 on 8 September 2015. The stock had outperformed the market over the past 30 days till 22 August 2016, rising 4.79% compared with 0.66% rise in the Sensex. The scrip, however, underperformed the market in past one quarter, gaining 3.83% as against Sensexs 10.59% rise.

The mid-cap company has an equity capital of Rs 39.48 crore. Face value per share is Rs 10.

Indo Count Industries announces its Q1 June 2016 results today, 23 August 2016. The companys net profit rose 135.39% to Rs 65.98 crore on 14.02% rise in net sales to Rs 506.83 crore in Q4 March 2016 over Q4 March 2015.

Indo Count Industries is a specialized end-to-end bedding provider. The company makes bed sheet sets, pillow cases, duvet covers, bed skirts, comforters and window covering, etc.

Powered by Capital Market - Live News

Birla Corporation completes acquisition of cement business of Reliance Infrastructure
Aug 23,2016

Birla Corporation announced the completion of the process of acquisition of cement business of Reliance Infrastructure. The Company has acquired 100% share of Reliance Cement Company, a subsidiary of RIL. After this acquisition, Reliance Cement has become a wholly owned material subsidiary of Birla Corporation. The acquisition has been funded through existing cash reserves and incremental debt.

Powered by Capital Market - Live News

GAIL (India) gains after signing MoU with Bloom Energy
Aug 23,2016

The announcement was made after market hours yesterday, 22 August 2016.

Meanwhile, the S&P BSE Sensex was down 31.71 points or 0.11% at 27,955.62.

On BSE, so far 19,701 shares were traded in the counter as against average daily volume of 1.27 lakh shares in the past one quarter. The stock hit a high of Rs 370.15 and a low of Rs 364.50 so far during the trading session. The stock had 52-week high of Rs 403 on 4 July 2016. The stock had hit 52-week low of Rs 260.25 on 25 August 2015. The stock had underperformed the market over the past one month till 22 August 2016, sliding 7.85% compared with the Sensexs 0.66% rise. The scrip had also underperformed the market in past one quarter, dropping 1.89% as against the Sensexs 10.61% rise.

The large-cap firm has equity capital of Rs 1268.48 crore. Face value per share is Rs 10.

GAIL (India) said that it has signed a memorandum of understanding (MoU) with Bloom Energy to deploy revolutionary natural gas-based fuel cell technology to generate electricity. GAIL (India) said that the solid oxide fuel cell (SOFC) technology of Bloom Energy Servers convert fuel into electricity using natural gas as the base fuel to generate reliable and resilient electricity in a highly efficient non-combustible process that reduces emissions of greenhouse gas and harmful air pollutants, with minimal use of water vis-n++-vis the conventional power producing technologies. The Bloom Energy Servers could be installed onsite at any operating premises or building and can be plugged into natural gas pipeline to generate uninterrupted, efficient, noise-less base load power round-the-clock.

GAILs subsidiary at Bengaluru is already supplying natural gas for energizing a multi-MW Bloom Energy project for a large global technology company at the Technology Park in Bangalore.

The unique tie-up seeks to leverage the strengths of both the organizations. Whilst GAIL brings a portfolio of natural gas to ensure reliable and competitively available natural gas for Bloom Energy projects along its integrated gas supply networks, Bloom Energys power systems run on advanced solid oxide fuel cell technology that are not just acknowledged as the most efficient producers of electricity based on natural gas but also combines the advantage of requiring a tenth of the space required for generating equivalent power through other modes. The MoU provides an alignment of a shared vision between GAIL and Bloom Energy and opens up an opportunity for Indian consumers to experience bundled and reliable service by the two leading brands for expanding the distributed power generation systems in India.

GAIL (India)s net profit 50.8% to Rs 769.99 crore on 18.3% decline net sales to Rs 11627.20 crore in Q4 March 2016 over Q4 March 2015.

State-run GAIL (India) is Indias largest natural gas company with a market share of over 80% in natural gas transmission. Apart from natural gas transmission, distribution and processing, GAIL has diversified business interests in LPG transmission, petrochemicals, city gas projects and exploration and production activities. Government of India (GoI) holds 56.11% stake in GAIL (as per shareholding pattern as on 30 June 2016).

Powered by Capital Market - Live News