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 gains after leasing office space to TCS
May 16,2017

The announcement was made after market hours yesterday, 15 May 2017.

Meanwhile, the S&P BSE Sensex was up 128.93 points, or 0.43% to 30,451.05.

On the BSE, 6,129 shares were traded in the counter so far, compared with average daily volumes of 47,797 shares in the past one quarter. The stock had hit a high of Rs 251.85 and a low of Rs 245 so far during the day. The stock hit a 52-week high of Rs 260 on 26 April 2017. The stock hit a 52-week low of Rs 145 on 26 December 2016.

The stock had underperformed the market over the past one month till 15 May 2017, rising 1.88% compared with 2.92% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 47.28% as against Sensexs 7% rise.

The mid-cap company has equity capital of Rs 135.64 crore. Face value per share is Rs 10.

Tata Consultancy Services (TCS) has signed a deal for office space in Brigade Bhuwalka Icon, a 3.75 lakh square feet development strategically located on Whitefield main road in Bengaluru. The office space will house more than 4,000 IT professionals and the office is expected to start operations in around 4 months.

Brigade Group said it is building a large strategic portfolio in corporate real estate developing 10 million square feet in addition to its operating portfolio of 6 million square feet.

Brigade Enterprises consolidated net profit declined 12.4% to Rs 30.41 crore on 14.5% fall in net sales to Rs 537.61 crore in Q3 December 2016 over Q3 December 2015.

Brigade Enterprises is Brigade groups flagship company. Brigade group was established in 1986, with property development as its main focus.

Powered by Capital Market - Live News

Sagar Systech to hold board meeting
May 16,2017

Sagar Systech will hold a meeting of the Board of Directors of the Company on 30 May 2017.

Powered by Capital Market - Live News

Nitco to hold board meeting
May 16,2017

Nitco will hold a meeting of the Board of Directors of the Company on 30 May 2017.

Powered by Capital Market - Live News

Fitch: Developing Markets to Sustain Airport Growth for Decades
May 16,2017

Developing markets have helped push airport traffic growth in the past decade to its fastest rate in 40 years. Airports in Asia and Latin America look set to be the source of global growth for the industry for many years to come, Fitch Ratings says.

Disruptive technology could become a threat to traffic volumes in the long term, along with geopolitical and climate-change related developments. But there is nothing in sight that could displace flying as the main mode of transportation for medium- and long-distance travel.

Our analysis of airport trends over the last decade shows global traffic volumes outpaced economic growth rates even during the worst of the global recession, with traffic over the decade rising at three times the rate of GDP, compared to two times GDP over the previous 30 years. This growth has been unevenly distributed and is largely from countries where increasing economic development, affordability and offerings boosted the propensity to fly.

We think this trend is far from over. Improving household incomes, better local infrastructure and more competitive pricing will all contribute, particularly in Asia and Latin America, but also at some point in Africa. Greater ability to connect with hubs will also benefit long-distance flights and therefore provide some growth potential for airports in developed markets.

Performance across the airport sector has been strong, as demonstrated by very stable ratings, but large international gateway airports have, on average, performed better in economic downturns than origin and destination (O&D) airports. The stronger performance at gateway airports reflects the reduced dependency on local economic conditions and the ability to benefit from supporting traffic from other regions that remain more active. The competitive landscape for airports is also a differentiating factor. Our analysis also shows that airport performance is not closely correlated with the financial condition of airlines.

In the long-term, airports could face challenges to growth. While there is currently little competition in certain markets for medium- and long-distance travel, new technologies could start to take market share. Projects such as the Hyperloop concept between San Francisco and Los Angeles could eventually displace some shorter air traffic routes, or force price reductions that weaken profitability. Climate change considerations will also almost certainly have an impact. This may not result in fewer flights, but more fuel-efficient planes could fly further without stopovers, displacing some hub airports on long-distance routes.

Other major factors that could affect long-term prospects include geopolitical and security risks and the emergence of ultra-low cost carriers. For more information on how airports have performed in the last decade and how this could change in the next decade see Airports - 10 Years in Infrastructure available from www.fitchratings.com or by clicking the link above.

Powered by Capital Market - Live News

Allsec Technologies slides after weak Q4 earnings
May 16,2017

The result was announced after market hours yesterday, 15 May 2017.

Meanwhile, the S&P BSE Sensex was up 103.35 points, or 0.34% to 30,425.47.

On the BSE, 24,000 shares were traded in the counter so far, compared with average daily volumes of 4,206 shares in the past one quarter. The stock had hit a high of Rs 389.95 and a low of Rs 355.60 so far during the day. The stock hit a record high of Rs 464 on 16 January 2017. The stock hit a 52-week low of Rs 179.30 on 3 June 2016.

The stock had outperformed the market over the past one month till 15 May 2017, rising 5.62% compared with 2.92% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 8.51% as against Sensexs 7% rise.

The small-cap company has equity capital of Rs 15.24 crore. Face value per share is Rs 10

On a consolidated basis, Allsec Technologies net profit rose 98.61% to Rs 61.45 crore on 38.32% rise in net sales to Rs 322.80 crore in the year ended March 2017 over the year ended December 2016.

Allsec Technologies is engaged in providing business process solutions across various industry verticals. It is involved in providing call center services.

Powered by Capital Market - Live News

Fitch: Global Attacks Spur Demand for Cyber Insurance
May 16,2017

The slew of recent ransomware attacks in over 150 countries reveals the widening scope of corporations cyber risk exposures, which is likely to increase demand for related insurance protection, Fitch Ratings says. Insurers are in a unique position to assist customers in addressing the cyber threat. However, a cautious approach to adding cyber exposures is warranted as there is considerable uncertainty in pricing and underwriting this risk. Aggressive expansion by individual underwriters into the segment could be credit negative.

Tallying the costs from recent attacks will take time. However, growth in corporate anxiety from cyber-related threats amid regular reports of data breaches and other information system intrusions will spur demand for cyber protection and solutions including insurance protection. Furthermore, compliance with developing regulations will likely increase the demand for coverage.

Insurers are playing an expanded role in countering the cyber threat, utilizing traditional expertise in risk management and claims services. They are also gaining more technical expertise in cyber threat testing and prevention and post-event resolution through acquisitions or alliances with cyber security vendors. Cyber protection coverage, therefore, increasingly includes a service and advisory component, as well as insured loss limits.

Besides cyber extortion and ransomware attacks, cyber-related events may include systems hacking, data theft and denial of service attacks. These events may create economic losses from damage to systems and property, remediation costs, lost revenue due to business interruption and reputation damages. Hacking events can also generate third-party liability exposures triggered by errors and omissions or failure to protect data. Professional liability exposures, including potential claims against directors and officers for failing to manage risks and prevent cyber incidents, are also possible.

US insurers wrote approximately $1.3 billion in cyber coverage in 2016, and this market could grow more than tenfold to $14 billion by 2022. Leading writers of cyber risk include American International Group, Inc. XL Group Ltd and Chubb Limited. Many insurers have taken a cautious approach to introducing cyber coverage, particularly with regard to liability coverage. Underwriting experience relating to cyber coverage, as reported by insurers, has appeared relatively favorable for insurers in the past two years, but the market remains untested.

Insurers reluctance to write more cyber coverage lies with challenges in establishing actuarially robust pricing and coverage terms for cyber-related risks given still-limited data from historical claims losses. The evolving nature of events and uncertainty regarding the source and range of potential losses add further challenges. Premium growth in cyber products may also be dampened somewhat by contrasts between the coverage insurers are currently willing to offer and the policyholders perspective of the nature of their cyber risk and protection needs. Over time, these differences will likely converge as the market matures.

Given the scope of these challenges, we would view aggressive growth in stand-alone cyber coverage, or movement to high portfolio concentration in cyber, as negative for an insurers credit profile. Underwriting, pricing and reserving uncertainties would outweigh the potential earnings growth benefits. Controlled growth as part of a diversified portfolio, coupled with continually enhanced underwriting standards, would generally be neutral for the credit profile.

Powered by Capital Market - Live News

Piramal drops on profit booking
May 16,2017

Meanwhile, the S&P BSE Sensex was up 111.35 points or 0.37% at 30,433.47.

On the BSE, 27,000 shares were traded on the counter so far as against the average daily volumes of 23,654 shares in the past one quarter. The stock had hit a high of Rs 2,910 and a low of Rs 2,797.15 so far during the day.

The stock had hit a record high of Rs 2,941.90 on 15 May 2017 and a 52-week low of Rs 1,215 on 13 May 2016. It had outperformed the market over the past one month till 15 May 2017, advancing 28.09% compared with the Sensexs 2.92% rise. The scrip had also outperformed the market over the past one quarter, gaining 54.39% as against the Sensexs 7.69% rise.

The large-cap company has equity capital of Rs 34.51 crore. Face value per share is Rs 2.

Shares of Piramal Enterprises had surged 15.1% in the preceding four trading sessions to settle at Rs 2,866.10 yesterday, 15 May 2017, from its closing of Rs 2,490.15 on 9 May 2017. The stock surged 9.84% in a single trading session yesterday, 15 May 2017 after the company reported strong Q4 March 2017 earnings after market hours on Friday, 12 May 2017.

Piramal Enterprises consolidated net profit rose 61.1% to Rs 310.96 crore on 45.8% rise in net sales to Rs 2450.93 crore in Q4 March 2017 over Q4 March 2016. The strong profitability was mainly on account of improved performance across business segments and lower research and development (R&D) expenses.

The companys total loan book grew by 87% to Rs 24400 crore in the year ended March 2017 compared with Rs 13048 crore in the year ended March 2016.

On consolidated basis, the companys net profit rose 38.4% to Rs 1252.33 crore on 34.1% rise in net sales to Rs 8503.65 crore in the year ended March 2017 over the year ended March 2016.

Piramal Enterprises is one of the Indias large diversified companies, with a presence in pharmaceuticals, healthcare information management and financial services.

Powered by Capital Market - Live News

Chennai Petroleum tumbles after weak Q4 results
May 16,2017

The result was announced after market hours yesterday, 15 May 2017.

Meanwhile, the S&P BSE Sensex was up 118.09 points, or 0.39% to 30,440.21.

On the BSE, 1.57 lakh shares were traded in the counter so far, compared with average daily volumes of 80,210 shares in the past one quarter. The stock had hit a high of Rs 410 and a low of Rs 392.60 so far during the day. The stock hit a 52-week high of Rs 424.80 on 11 May 2017. The stock hit a 52-week low of Rs 178.95 on 24 June 2016.

The stock had outperformed the market over the past one month till 15 May 2017, rising 8% compared with 2.92% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 15.78% as against Sensexs 7% rise.

The mid-cap company has equity capital of Rs 149 crore. Face value per share is Rs 10.

Chennai Petroleum Corporations net profit rose 38.81% to Rs 1029.75 crore on 7.13% rise in net sales to Rs 27669.92 crore in the year ended March 2017 over the year ended March 2016.

State-run public sector oil marketing firm Indian Oil Corporation (IOC) holds 51.88% stake in Chennai Petroleum Corporation as per the shareholding pattern as on 31 March 2017.

Powered by Capital Market - Live News

Board of Atlanta recommends final dividend
May 16,2017

Atlanta announced that the Board of Directors of the Company at its meeting held on 15 May 2017, inter alia, have recommended the final dividend of Rs 0.3 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Amrit Corp. recommends final dividend
May 16,2017

Amrit Corp. announced that the Board of Directors of the Company at its meeting held on 15 May 2017, inter alia, have recommended the final dividend of Rs 7.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Alkali Metals recommends final dividend
May 16,2017

Alkali Metals announced that the Board of Directors of the Company at its meeting held on 15 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Arrow Textiles recommends final dividend
May 16,2017

Arrow Textiles announced that the Board of Directors of the Company at its meeting held on 15 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Atul Auto recommends final dividend
May 16,2017

Atul Auto announced that the Board of Directors of the Company at its meeting held on 13 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Avanti Feeds to hold AGM
May 16,2017

Avanti Feeds announced that the Annual General Meeting (AGM) of the company will be held on 12 August 2017.

Powered by Capital Market - Live News

Voltamp Transformers hits 52-week high after decent Q4 results
May 16,2017

The result was announced after market hours yesterday, 15 May 2017.

Meanwhile, the S&P BSE Sensex was up 110.02 points, or 0.36% at 30,432.14. The S&P BSE Small-cap index was up 38.18 points, 0.24% at 15,688.55.

High volumes were witnessed on the counter. On the BSE, 29,000 shares were traded on the counter so far as against the average daily volumes of 7,573 shares in the past one quarter. The stock had hit a high of Rs 1,367 so far during the day, which is also its 52-week high. The stock hit a low of Rs 1,267.70 so far during the day.

The stock had hit a 52-week low of Rs 740 on 24 May 2016. The stock had underperformed the market over the past one month till 15 May 2017, declining 3.98% compared with the Sensexs 2.92% rise. The scrip had, however, outperformed the market over the past one quarter advancing 29.21% as against the Sensexs 7.69% rise.

The small-cap company has equity capital of Rs 10.12 crore. Face value per share is Rs 10.

Voltamp Transformers is engaged in the manufacturing of electrical transformers. The companys products include oil filled transformers, cast resin transformers, unitised sub-station, induction furnace transformers and lighting transformers.

Powered by Capital Market - Live News