My Application Form Status

Check the status of your application form with Angel Broking.
Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

Powered by Capital Market - Live News

Bank of Baroda revises MCLR rates
Jan 05,2017

Bank of Baroda has revised its Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 07 January 2017.

Overnight - 8.10%
One month - 8.15%
Three month - 8.20%
Six month - 8.30%
One year - 8.35%
Three year - 8.50%
5 year - 8.65%

Powered by Capital Market - Live News

Bank of Maharashtra revises MCLR rates
Jan 05,2017

Bank of Maharashtra has revised Marginal Cost of Funds based Lending Rates (MCLR) with effect from 07 January 2017 as under -

Overnight - 8.75%
One month - 8.80%
Three month - 8.85%
Six month - 8.90%
One year - 8.95%

Powered by Capital Market - Live News

Persistent Systems fixes record date for interim dividend
Jan 05,2017

Persistent Systems has fixed 01 February 2017 as the Record Date for the purpose of Payment of Interim Dividend.

Powered by Capital Market - Live News

Tata Motors accelerates after strong JLR sales in December
Jan 05,2017

Meanwhile, the S&P BSE Sensex was up 220.87 points or 0.83% at 26,854.

On the BSE, 3.03 lakh shares were traded on the counter so far as against the average daily volumes of 5.40 lakh shares in the past one quarter. The stock had hit a high of Rs 502.80 and a low of Rs 495 so far during the day.

The stock had hit a 52-week high of Rs 598.60 on 7 September 2016 and a 52-week low of Rs 266 on 11 February 2016. It had outperformed the market over the past one month till 4 January 2017, surging 12.34% compared with the Sensexs 1.53% rise. The scrip had, however, underperformed the market in past one quarter, declining 11.44% as against the Sensexs 6% fall.

The large-cap company has equity capital of Rs 577.44 crore. Face value per share is Rs 2.

Jaguar Land Rover (JLR) yesterday, 4 January 2017, announced its US retail sales for the month of December 2016. JLRs US sales rose 30% to 12,573 units in December 2016 over December 2015. Jaguar sales jumped 259% to 4,294 units in December 2016 over December 2015. Land Rover sales declined 2% to 8,279 units in December 2016 over December 2015.

Tata Motors reported consolidated net profit of Rs 848.16 crore in Q2 September 2016, compared with net loss of Rs 1740.20 crore in Q2 September 2015. Net sales rose 6.7% to Rs 65140.75 crore in Q2 September 2016 over Q2 September 2015.

Tata Motors is a market leader in commercial vehicles in India. The companys British unit JLR sells premium luxury cars.

Powered by Capital Market - Live News

Revoke notification vis-n++-vis input tax credit withdrawal on natural gas by Gujarat govt.: ASSOCHAM
Jan 05,2017

In the larger interest of industries, apex industry body ASSOCHAM has urged the Union Government to immediately get revoked the notification vis-n++-vis withdrawal of input tax credit on inter-state sale/branch transfer of natural gas issued by Finance Department of Gujarat government on November 28, 2016.

n++Consequent to this notification, cost of Re-gasified Liquefied Natural Gas (RLNG) supplied by Petronet LNG, a Gujarat-based public sector undertaking (PSU) to other PSU gas distributors like GAIL India, Indian Oil Corporation (IOCL) has shot up from four per cent to 15 per cent,n++ highlighted ASSOCHAM in a communication addressed to Union Minister for Commerce and Industry, Ms Nirmala Sitharaman and Finance Minister of Gujarat, Mr Nitin Patel.

n++These PSUs have passed on the increase in tax to industry outside Gujarat, thus making RLNG costlier by 11 per cent with adverse impact ranging from Rs 2.50 to Rs three per standard cubic meter (scm),n++ noted the letter.

Considering that many industries are stuck with long-term supply agreements with PSU distributors of costly RLNG and therefore cannot switch over to cheaper alternate source of energy due to take or pay clause in said agreements.

n++This notification has thus made matters worse by making RLNG further costlier hitting industries outside Gujarat very hard,n++ highlighted the ASSOCHAM letter.

n++At a time when trade and industry are moving towards implementation of goods and services tax (GST), this withdrawal of input tax credit is unjust for industries outside Gujarat as it is making them highly uncompetitive,n++ it added.

Powered by Capital Market - Live News

Tata Elxsi gains after partnering with US based DiSTI Corporation
Jan 05,2017

The announcement was made after market hours yesterday, 4 January 2017.

Meanwhile, the S&P BSE Sensex was up 189.82 points or 0.71% at 26,822.95.

On the BSE, 37,603 shares were traded on the counter so far as against the average daily volumes of 84,479 shares in the past one quarter. The stock had hit a high of Rs 1,460 and a low of Rs 1,435 so far during the day. The stock had hit a record high of Rs 2,396 on 2 February 2016 and a 52-week low of Rs 1,021.65 on 21 November 2016.

The stock had outperformed the market over the past one month till 4 January 2017, rising 7.98% compared with Sensexs 1.53% gains. The stock had also outperformed the market in past one quarter, rising 0.32% as against Sensexs 6% decline.

The mid-cap company has equity capital of Rs 31.14 crore. Face value per share is Rs 10.

Tata Elxsi said the partnership will help the continued effort to provide best in-class user interface solutions to automotive clients delivering high end human machine interface (HMI) design, innovative and appealing visual content for futuristic displays in vehicles.

As the first step of this partnership, Tata Elxsi has developed an integrated e-cockpit solution with in-vehicle infotainment (IVI), IC, head up display (HUD), and advanced driver assistance systems, or ADAS features, all integrated on a single Renesas R-Car H3 platform, with the user experience (UX) developed completely using DiSTIs GL Studio. This solution will be on showcase at the Tata Elxsi and DISTI booths at CES 2017 in Las Vegas.

Separately, Irdeto, the world leader in digital platform security, announced a partnership with Tata Elxsi, a key global player in the automotive ecosystem, to provide automakers with secure in-car display systems for automobiles. The announcement was made after market hours yesterday, 4 January 2017.

Irdeto has combined its Cloakware for automotive by Irdeto security solution with Tata Elxsis design and engineering expertise to offer secure, best-in-class user interface solutions and connected cockpit solutions to automotive clients around the world.

Tata Elxsis net profit rose 2.74% to Rs 43.08 crore on 3.04% growth in net sales to Rs 303.29 crore in Q2 September 2016 over Q1 June 2016.

Tata Elxsi is a global product engineering services provider that works with leading original equipment manufacturers (OEMs) and semiconductor companies across consumer electronics, broadcast, wired and wireless communications and automotive verticals.

Powered by Capital Market - Live News

Gavita India commences commercial production of lead metal
Jan 05,2017

Gavita India has commenced commercial production of lead metal from its recycling plant situated at Chittoor, Andhra Pradesh. This plant is having a capacity of 12000 MTPA. The projected cost for this plant is Rs 25 crore for which approx. Rs 15.46 crore is funded by way of secured term loan from Punjab National Bank and balance from internal accruals of the Company.

Powered by Capital Market - Live News

IP Rings hits record high after fixing rights entitlement terms
Jan 05,2017

The announcement was made after market hours yesterday, 4 January 2017.

Meanwhile, the S&P BSE Sensex was up 192.06 points or 0.72% at 26,825.19.

On the BSE, 51,000 shares were traded on the counter so far as against the average daily volume of 3,360 shares in the past one quarter. The stock had hit a high of Rs 240.10 so far during the day, which is a record high for the counter. The stock hit a low of Rs 205 so far during the day.

The stock had hit a 52-week low of Rs 91 on 5 January 2016. It had underperformed the market over the past one month till 4 January 2017, sliding 12.98% compared with the Sensexs 1.53% rise. The scrip had, however, outperformed the market in past one quarter, declining 3.98% as against the Sensexs 6% fall.

The small-cap company has equity capital of Rs 7.04 crore. Face value per share is Rs 10.

IP Rings board approved rights issue in the ratio of four rights equity shares for every five equity shares held on the record date i.e. 16 January 2017. The rights issue price was fixed at Rs 88.75 per share.

IP Rings reported net loss of Rs 1.40 crore in Q2 September 2016, higher than net loss of Rs 0.45 crore in Q2 September 2015. Net sales rose 56.8% to Rs 42.27 crore in Q2 September 2016 over Q2 September 2015.

IP Rings is an automotive components manufacturer.

Powered by Capital Market - Live News

Insilco resumes plant operations
Jan 05,2017

Insilco announced that the Plant operations have been restarted from 04 January 2017.

Powered by Capital Market - Live News

VST Industries to announce Q3 and 9M results
Jan 05,2017

VST Industries announced that a meeting of the Board of Directors of the Company is scheduled to be held on 20 January 2017, inter-alia to consider and approve the unaudited financial results of the Company for the quarter and nine months ended 31 December 2016.

Powered by Capital Market - Live News

Tata Elxsi partners with DiSTI Corporation Florida, USA
Jan 05,2017

Tata Elxsi announced its partnership with DiSTI Corporation Florida, USA, the creators of user interface tool, GL Studio. This partnership will help the continued effort to provide bestin-class user interface solutions to the Companys automotive clients delivering high end HMI design, innovative and appealing visual content for futuristic displays in vehicles.

As the first step of this partnership, Tata Elxsi has developed an integrated e-cockpit solution with IVI, IC, HUD, and ADAS features, all integrated on a single Renesas R-Car H3 platform, with the UX developedcompletely using DiSTIs GL Studio. This solution will be on showcase at the Tata Elxsi and DISTI booths at CES 2017 in Las Vegas.

Powered by Capital Market - Live News

United Bank of India revised MCLR rates
Jan 05,2017

United Bank of India has revised downwards the Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 06 January 2017 as under -

Overnight - 8.30%
One month - 8.35%
Three month - 8.45%
Six month - 8.65%
One year - 8.80%.

Powered by Capital Market - Live News

United Bank of India revised MCLR rates
Jan 05,2017

United Bank of India has revised downwards the Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 06 January 2017 as under -

Overnight - 8.30%
One month - 8.35%
Three month - 8.45%
Six month - 8.65%
One year - 8.80%.

Powered by Capital Market - Live News

Transcorp International to consider Q3 and 9M results
Jan 05,2017

Transcorp International announced that the next Board meeting of Board of Directors of the Company will be held on 21 January 2017 to consider inter alia the un-audited financial results for the quarter and nine months ended 31 December 2016.

Powered by Capital Market - Live News

Board of Indoco Remedies to consider December quarter results
Jan 05,2017

Indoco Remedies announced that a meeting of the Board of Directors will be held on 27 January 2017, inter-alia, for taking on record the un-audited financial results for the quarter ended 31 December 2016.

Powered by Capital Market - Live News