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

SRG Securities Finance to hold board meeting
May 26,2017

SRG Securities Finance will hold a meeting of the Board of Directors of the Company on 27 May 2017.

Powered by Capital Market - Live News

RSC International to hold board meeting
May 26,2017

RSC International will hold a meeting of the Board of Directors of the Company on 29 May 2017.

Powered by Capital Market - Live News

Ras Finance to hold board meeting
May 26,2017

Ras Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017.

Powered by Capital Market - Live News

Cipla drops after posting disappointing Q4 results
May 26,2017

The result was announced after market hours yesterday, 25 May 2017.

Meanwhile, the S&P BSE Sensex was up 107.49 points, or 0.35%, to 30,857.52.

The stock has dropped 13.84% in five sessions to ruling price of Rs 485.45 from a close of Rs 563.45 on 19 May 2017.

On the BSE, 2.93 lakh shares were traded in the counter so far, compared with average daily volumes of 2.16 lakh shares in the past one quarter. The stock had hit a high of Rs 504.15 and a low of Rs 479 so far during the day.

The stock had hit a 52-week high of Rs 621.90 on 6 February 2017. The stock had hit a 52-week low of Rs 458.25 on 25 May 2016. The stock had underperformed the market over the past one month till 25 May 2017, dropping 8.82% compared with 2.69% rise in the Sensex. The scrip had also underperformed the market in past one quarter, declining 14.79% as against Sensexs 6.43% rise.

The large-cap pharmaceutical company has equity capital of Rs 160.91 crore. Face value per share is Rs 2.

Ciplas revenues rose 8% to Rs 3582 crore in Q4 March 2017 over Q4 March 2016.

Ciplas board of directors recommended dividend of Rs 2 per share for the year ended 31 March 2017 (FY 2017).

Commenting on the results, Umang Vohra, MD and Global CEO, Cipla said, the company has achieved significant progress on identified key priorities and strengthened core business through consolidation, complexity reduction and deepening presence in priority markets. The quarterly results are off the mark due to a tough operating environment and certain one-offs, he added.

The results for Q4 March 2017 include one-off charges related to impairment of a part of intangibles from US acquisition and a provision for loss on certain assets of subsidiary, Cipla BioTec Pvt. Ltd.

Cipla is a global pharmaceutical company.

Powered by Capital Market - Live News

L&T Hydrocarbon Engineering signs agreement with Institute of Chemical Technology
May 26,2017

L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen & Toubro has signed Memorandum of Agreement with Institute of Chemical Technology (ICT) to build Ethanol plants based on the fully indigenous technology developed by ICT for producing second generation Ethanol. This novel technology developed by ICT under the leadership Dr. Arvind Lali, Head of DBT-ICT Centre, is capable of processing a variety of feedstocks and offers one of the lowest project life cycle cost.

Powered by Capital Market - Live News

Shri Bhagavati Bright Bars announces resignation of CFO
May 26,2017

Shri Bhagavati Bright Bars announced that Vipul Pathak, Chief Financial Officer of the Company has tendered his resignation from the post of Chief Financial Officer of the Company with effect from the close of business hours on 30 May 2017. Accordingly, Vipul Pathak will be ceased to be Chief Financial Officer along with Key Managerial Personnel of the Company with effect from the close of business hours on 30 May 2017.

Powered by Capital Market - Live News

Va Tech Wabag allots 4666 equity shares
May 26,2017

Va Tech Wabag allots 4666 equity shares under ESOP.

Powered by Capital Market - Live News

Va Tech Wabag fixes record date for dividend
May 26,2017

Va Tech Wabag has fixed 14 July 2017 as record date for payment of dividend. The payment will be credited between 28 July to 3 August, if declared at the AGM to be held on 27 July 2017.

Powered by Capital Market - Live News

Board of Va Tech Wabag approves fund raising up to Rs 400 crore
May 26,2017

Va Tech Wabag announced that the Board of Directors of the Company at its meeting held on 25 May 2017 have approved the proposal of fund raising up to an amount of Rs 400 crore as and when required through issuance of securities by way of public/ preferential allotment / private placement including QIP, in consideration of growth plans, newer business opportunities which would fuel the next phase of growth of the Company.

Powered by Capital Market - Live News

Board of Kothari Products recommends final dividend
May 26,2017

Kothari Products announced that the Board of Directors of the Company at its meeting held on 23 May 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Hindustan Composites recommends final dividend
May 26,2017

Hindustan Composites announced that the Board of Directors of the Company at its meeting held on 23 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 Ion Exchange (India) recommends final dividend
May 26,2017

Ion Exchange (India) announced that the Board of Directors of the Company at its meeting held on 23 May 2017, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Fitch: OPEC Deal to Cut Oil Inventories, But Shale Key Long-Term
May 26,2017

OPECs decision to extend production cuts by nine months should provide some support for oil prices around the average year-to-date levels and help digest a significant part of excessive inventories during the rest of the year, Fitch Ratings says. However, a production surplus could return in 2018 if the deal is not rolled over again, as new projects continue to come online and US shale production is set to grow.

The extension, which also includes Russia and other non-OPEC countries, was widely expected and had already been factored into oil prices. Brent slipped below USD53/bbl after news of the agreement broke.

We believe average annual prices for the year are likely to remain around USD50-55/bbl for Brent, given impressive US shale production growth, and potentially worse compliance with the output cuts than in 1H17. US production could be up to 800-1,000mbpd higher year on year by end-2017. This is half of the roughly 1,800mbpd taken off the market by the OPEC-led cuts.

The deal originally agreed in November 2016 has had mixed results. Compliance rates among OPEC members have been unprecedentedly high, and based on IEA data for 1Q17 global consumption exceeded production by 300mbpd.

But there has been little visible impact on excess stocks, as the deficit has probably been covered, largely from less transparent non-OECD and floating storage. We estimate that in 2H17 the deficit could average 600-800mbpd. However, it may be lower if demand underwhelms, OPEC compliance deteriorates significantly, US production growth proves more robust, or if Libya and Nigeria are able to increase production faster than expected.

OPECs appetite to extend cuts further into 2018 may be reduced if crude stocks remain resilient and market prices subdued. OPEC could decide to return production to pre-cut levels as the cartel may not want to lose its market share and look to raise revenues through volumetric growth.

Fitchs base case expectation is that the market will gradually recover, leading to Brent crude market prices in the mid-USD50 range in 2018 and at around USD60 in 2019. This is likely to come from a combination of steady demand growth and an improvement in crude stocks.

Non-shale non-OPEC production, which has been resilient so far, is likely to require material reinvestment in new and existing projects over the coming years. Long-term oil prices will depend on whether US shale, with its short investment cycle, will be able to fill any potential supply gaps in 2019-2020. Our current long-term assumption is USD65/bbl for Brent.

Powered by Capital Market - Live News

Infosys crawls higher after strategic alliance with HP Inc
May 26,2017

The announcement was made after market hours yesterday, 25 May 2017.

Meanwhile, the S&P BSE Sensex was up 72.50 points, or 0.24% to 30,822.53.

On the BSE, 17,809 shares were traded in the counter so far, compared with average daily volumes of 2.34 lakh shares in the past one quarter. The stock had hit a high of Rs 990.10 and a low of Rs 980 so far during the day.

Infosys and HP Inc. yesterday, 25 May 2017 launched joint retail point of sale (RPOS) and enterprise device as a service (DaaS) solutions to help businesses accelerate digital transformation as part of the HP Global System Integrator (GSI) Alliance Program.

The joint RPOS solution offers a digital approach across the supply chain, enabling real-time collaboration between shoppers, retailers and vendors at the point of purchase, providing a true omnichannel experience. The joint enterprise device as a service solution defines and delivers technology enabled transformations that optimize how organizations acquire, manage and use devices with end to end services, enterprise applications, fleet reporting, analytics, insights and more.

Infosys consolidated net profit fell 2.8% to Rs 3603 crore on 0.9% decline in revenues to Rs 17120 crore in Q4 March 2017 over Q3 December 2016.

Infosys is a global leader in technology services and consulting.

Powered by Capital Market - Live News

MphasiS and DXC Technologies announce new Solution Partner relationship
May 26,2017

MphasiS and DXC Technologies announced a new Solution Partner relationship to transform and modernise application for public, private and hybrid cloud. The two companies will work together to help clients accelerate the modernisation of their applications as they move to the cloud. With this Mphasis is now part of the DXC Partner Network.

Powered by Capital Market - Live News