My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By 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

Brigade Enterprises receives revision in credit ratings
May 31,2017

Brigade Enterprises has received revision in credit ratings from ICRA as under -

Long term fund based bank lines (Rs 2140 crore) - ICRA A/ Stable (Revised from ICRA A / Negative)

Short term Non fund based bank lines (Rs 60 crore) - ICRA A1 (Reaffirmed)

Powered by Capital Market - Live News

IVRCL announces change in directorate
May 31,2017

IVRCL announced the appointment of Subrahmanya Gopal Chebolu as Additional Director and Executive Director and resignation of K.Ashok Reddy as Director & Joint Managing Director.

Powered by Capital Market - Live News

GDP growth slows to 6.1% in Q4FY2017
May 31,2017

Indias Gross Domestic Product (GDP) rose at moderated pace of 6.1% in Q4FY2017, which is the lowest pace of growth in last nine quarters. The GSP growth decelerated sharply from 7% growth recorded in the preceding last quarter and 8.7% surge posted in the corresponding quarter last year.

Another measure of economic activity - Gross Value Added (GVA) grew at slower pace in last 12 quarters at 5.6% in Q4FY2017 compared with 6.7% in Q3FY2017 and 8.7% in Q4FY2016.

Growth rates in various sectors for Q4FY2017 are as agriculture, forestry and fishing (5.2%), mining and quarrying (6.4%), manufacturing (5.3%), electricity, gas and water supply and other utility services (6.1%) construction (-3.7%), Trade, hotels, transport, communication and services related to broadcasting (6.5%), financial, real estate and professional services (2.2%), and Public administration, defence and Other Services (17%).

The GDP growth for FY2017 stood at 7.1%, in line with second advance estimate. However, the GDP growth has showed moderation from 8% growth in FY2016. The GVA at basic prices in 2016-17 is 6.6% against 7.9% in FY2016. The sectors which registered growth rate of over 7.0% at constant prices are public administration, defence and other services (11.3%), manufacturing (7.9%), trade, hotels, transport, communication and services related to broadcasting (7.8%),electricity, gas, water supply other utility services (7.2%) .The growth in the agriculture, forestry and fishing, mining and quarrying, construction and financial, real estate and professional services is estimated to be 4.9%, 1.8%, 1.7% and 5.7% respectively.

Powered by Capital Market - Live News

NMDC revises prices of Iron Ore
May 31,2017

NMDC has fixed prices of Iron Ore with effect from 30 May 2017 as under -

Lump Ore @ Rs 2425 WMT
Fines @ Rs 2185 WMT

The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.

Powered by Capital Market - Live News

Zydus Cadila receives final approval for Felbamate Tablets
May 31,2017

Zydus Cadila has received final approval from USFDA to market Felbamate Tablets USP in strengths of 400 mg and 600 mg.

Powered by Capital Market - Live News

Eight core infrastructure sector output rises 2.5% in April 2017
May 31,2017

The Eight core infrastructure industries have showed 2.5% growth in output for April 2017 over April 2017. Its cumulative output growth had stood at 4.8% in April- March 2016-17.

The Base Year of the Index of Eight Core Industries has been revised from the year 2004-05 to 2011-12 from April 2017. The shift is in line with the new base year of Index of Industrial Production (IIP). The industries covered in the Index of Eight Core are namely Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. These remain the same as in the 2004-05 series. The revised basket of Eight Core Industries is aligned to the new series of IIP (2011-12) as far as possible. The revised Eight Core Industries have a combined weight of 40.27% in the IIP.

Coal production (weight: 10.33%) declined by 3.8% in April 2017 over April 2016. Its cumulative index increased by 3.2% in April-March 2016-17 over corresponding period of the previous year.

Crude Oil production (weight: 8.98%) declined by 0.6% in April 2017 over April 2016. Its cumulative index declined by 2.5% in April-March 2016-17 over the corresponding period of previous year.

The Natural Gas production (weight: 6.88%) increased by 2.0% in April 2017 over April 2016. Its cumulative index declined by 1.0% in April-March 2016-17 over the corresponding period of previous year.

Petroleum Refinery production (weight: 28.04%) increased by 0.2% in April 2017 over April 2016. Its cumulative index increased by 4.9% in April-March 2016-17 over the corresponding period of previous year.

Fertilizer production (weight: 2.63%) increased by 6.2% in April 2017 over April 2016. Its cumulative index increased by 0.2% in April-March 2016-17 over the corresponding period of previous year.

Steel production (weight: 17.92%) increased by 9.3% in April 2017 over April 2016. Its cumulative index increased by 10.7% in April-March 2016-17 over the corresponding period of previous year.

Cement production (weight: 5.37%) declined by 3.7% in April 2017 over April 2016. Its cumulative index declined by 1.2% in April-March 2016-17 over the corresponding period of previous year.

Electricity generation (weight: 19.85%) increased by 4.7% in April 2017 over April 2016. Its cumulative index increased by 5.9% in April-March 2016-17 over the corresponding period of previous year.

Powered by Capital Market - Live News

Kumaka Industries announces resignation of CFO
May 31,2017

Kumaka Industries announced that Bharat Ambalal Parikh has resigned as CFO of the Company with effect from 30 May 2017.

Powered by Capital Market - Live News

Centrum Retail Services to sell minority stake in CentrumDirect
May 31,2017

Centrum Capital announced that its subsidiary, Centrum Retail Services has entered into agreement with Evolvence India Fund II for sale of minority stake in its wholly owned subsidiary Company i.e. CentrumDirect subject to obtaining all regulatory approvals

Powered by Capital Market - Live News

Apollo Tyres allots NCDs aggregating Rs 450 crore
May 31,2017

Apollo Tyres has allotted NCDs aggregating to Rs 450 crore on private placement basis on 31 May 2017.

Powered by Capital Market - Live News

HRB Floriculture announces appointment of CFO
May 31,2017

HRB Floriculture has appointed Vinod Upadhyaya has been designated as Chief Financial Officer (CFO) of the Company.

Powered by Capital Market - Live News

Sunshield Chemicals announces resignation of director
May 31,2017

Sunshield Chemicals announced that Arun Roy, Non-executive Director of the Company has tendered his resignation from the Board of the Company with effect from 31 May 2017.

Powered by Capital Market - Live News

Asian Development Bank (ADB) and Punjab National Bank (PNB) sign $100 million loan to finance Solar Rooftop projects
May 31,2017

The Asian Development Bank (ADB) and the Punjab National Bank (PNB) yesterday signed a $100 million loan n++ to be guaranteed by the Government of India n++ that will finance large solar rooftop systems on industrial and commercial buildings throughout India. The PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. This is the first tranche loan of the $500 million multi tranche finance facility Solar Rooftop Investment Program (SRIP) approved by ADB in 2016. The financing includes $330 million from ADBs ordinary capital resources and $170 million from the multi donor Clean Technology Fund (CTF) administered by ADB. The first tranche loan of $100 million would be financed entirely from the CTF. n++With a sharp drop in the price of solar panels, India has a huge potential to expand its use of solar rooftop technologies,n++ said Mr. Kenichi Yokoyama, ADB Country Director in India who signed the loan on behalf of ADB. n++The program will contribute to the governments plans to increase solar power generation capacity, and also help India meet the carbon emission reduction target in line with its commitment at the recent global climate change agreement.n++ Indias solar rooftop market is expanding fast with an estimated total capacity potential of 124GW.

n++The project is aligned with the goal set by Government of India to increase the countrys solar rooftop capacity by 40 GW by 2022, and would also contribute to Governments efforts to promote solar energy solutions as affordable and sustainable energy sources,n++ said Mr. Raj Kumar, Joint Secretary to the Government of India, Department of Economic Affairs, Ministry of Finance, who signed the Guarantee Agreement for Government of India. The loan agreement was signed by Mr. H.K. Parikh, General Manager on behalf of PNB.

The entire Solar Rooftop Investment Program will cost $1 billion, inclusive of ADB $500 million funding, and the projects financed under the program will install solar rooftop system of around 1 GW capacity. This will contribute to the climate change goal of reducing greenhouse gas emissions by about 11 million tons of carbon dioxide equivalent over the typical 25-year lifetime of rooftop solar systems.

Powered by Capital Market - Live News

Future Market Networks to acquire 50% stake in Future Retail Destination
May 31,2017

Future Market Networks has executed a Share Purchase Agreement with IL&FS Township and Urban Assets (ITUAL) to acquire 50% equity share capital viz. 1,50,00,000 equity shares of Rs.10/- each held by ITUAL in Future Retail Destination (FRDL). FRDL is set up for development of infra logistic parks across India as a special purpose vehicle company. FRDL shall become 100% subsidiary of the Company upon completion of the transaction.

The total consideration payable by the Company under the SPA is Rs 14,00,00,000 (Rupees Fourteen Crore Only). In terms of the SPA, the Company has paid an amount of Rs.9,00,00,000/- (Rupees Nine Crore only) and the balance consideration of Rs. 5,00,00,000/- (Rupees Five Crore only) shall be paid on or before 30 September 2018.

Powered by Capital Market - Live News

Surana Industries appoints company secretary and compliance officer
May 31,2017

Surana Industries has appointed K Vinoth as Company Secretary and Compliance Officer with effect from 01 June 2017.

Powered by Capital Market - Live News

Pfizer acquires Neksium brand from AstraZeneca AB, Sweden
May 31,2017

Pfizer has entered into an Acquisition Agreement with AstraZeneca AB, Sweden (AstraZeneca), pursuant to which the brand Neksium is being acquired by the Company in India for a consideration of Rs. 75 crore, subject to completion of necessary conditions precedent.

Neksium (esomeprazole) complements the Companys existing product portfolio in the gastrointestinal (GI) therapeutic area.

Powered by Capital Market - Live News