My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
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

Board of MRF recommends dividend
Oct 27,2016

MRF announced that the Board of Directors of the Company at its meeting held on 27 October 2016, inter alia, have recommended the dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Jaysynth Dyestuff (India) to hold board meeting
Oct 27,2016

Jaysynth Dyestuff (India) will hold a meeting of the Board of Directors of the Company on 8 November 2016 to consider Un-Audited Financial Results of the Company for the Quarter and Half Year ended September 30, 2016.

Powered by Capital Market - Live News

XPRO India to hold board meeting
Oct 27,2016

XPRO India will hold a meeting of the Board of Directors of the Company on 11 November 2016 to consider and approve un-audited financial results of the Company for the quarter ended September 30, 2016.

Powered by Capital Market - Live News

Hitech Plast to hold board meeting
Oct 27,2016

Hitech Plast will hold a meeting of the Board of Directors of the Company on 8 November 2016 to discuss and approve, the Audited Financial Results for the second quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Cabinet approves Budgetary support to HMT for payment of outstanding salary, introduction of VRS/VSS and closure of operations of Tractor Division
Oct 27,2016

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the budgetary support to HMT for payment of outstanding salary / wages and other employee related dues. It also approved closure of HMT Tractor Division by offering attractive VRS / VSS at 2007 notional pay scales.

It will have a financial implication (cash outgo) of Rs. 718.72 crore for payment of outstanding salary, wages and statutory dues, VRS/VSS ex-gratia payments and clearing of Tractor Divisions liabilities towards Bank, creditors etc.

The Cabinet has also given its approval for transfer of selected small parcels of HMT land at Banglore and Kochi to different Government entities for their use in larger public interest.

Background:

HMT, a Central Public Sector Enterprise under the Ministry of Heavy Industries and Public Enterprises of the Government of India was established at Bangalore in 1953 with the objective of producing machine tools required for building an industrial edifice for the country. HMT played a key role in laying the foundation for evolution of engineering and manufacturing capabilities in the country. HMT Tractor Division was established in Pinjore, Haryana in 1971 to manufacture HMT Tractors. Performance of the company started to decline in the 90s, in the post liberalisation economic environment with rising costs, stiff competition from international players and availability of imported goods at cheaper rates. Several efforts were made in past to arrest the declining trend but it could not succeed to turn around. HMTLs profit making tractor business was affected due to poor off-take, under-utilisation of capacity and working capital constraints, etc. It was observed that continuation in Tractor Business with its insignificant market share in the sector may not be a financially viable and sustainable option for HMT Ltd., and hence it would be prudent to close the tractor business, make an exit from this segment and focus on the core sector of machine tools.

The Tractor Division has been incurring losses continuously and is unable to pay the salaries and other statutory dues of its employees. The employees of Tractor Division based at Pinjore have not been paid salary since July, 2014 and other statutory dues are also pending since Nov., 2013. The statutory dues (Terminal benefits, PF, Gratuity, Leave encashment etc.) are also pending for the employees of other Divisions of HMTL [Corporate Head Office(CHO), Common Service Division(CSD) and Food Processing Machinery unit, Aurangabad (FPA)]. In view of the deteriorating position of the company and hardship being faced by the employees due to non-payment of salary / wages and other retirement dues, it has been decided to close down the Tractor Division of HMT Ltd by offering attractive VRS / VSS to its employees and clearing all their dues.

Powered by Capital Market - Live News

Maruti Suzuki slips on profit booking after declaring robust Q2 result
Oct 27,2016

The result was announced during market hours today, 27 October 2016.

Meanwhile, the BSE Sensex rose 79.39 points, or 0.29%, to 27,915.90

On BSE, 2.21 lakh shares were traded in the counter, compared with average daily volume of 65,121 shares in the past one quarter. The stock hit a high of Rs 5,950.20 in intraday trade, which is also a record high for the counter. The stock hit a low of Rs 5,793.10 in intraday trade. The stock hit a 52-week low of Rs 3,202.10 on 29 February 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 6.55% compared with 1.37% decline in the Sensex. The scrip also outperformed the market in past one quarter, surging 23.29% as against Sensexs 1.32% decline.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Shares of Maruti Suzuki India saw pre-result upmove, gaining 4.71% in five trading days to settle at Rs 5,871.95 from its close of Rs 5,607.70 on 19 October 2016.

Maruti Suzuki Indias other income surged 71.58% to Rs 812.60 crore in Q2 September 2016 over Q2 September 2015. The companys sales rose 18.4% to 4.18 lakh vehicles in Q2 September 2016 over Q2 September 2015.

Maruti Suzuki Indias operating earnings before interest, taxation, depreciation and amortization (EBITDA) rose 35.3% to Rs 3037.40 crore in Q2 September 2016 over Q2 September 2015. Operating EBITDA margin expanded 80 basis points to 17.3% in Q2 September 2016 from 16.5% in Q2 September 2015.

Maruti Suzuki India said that higher volumes leading to higher capacity utilisation, lower expenses on sales promotion and marketing and higher non-operating income contributed to increase in Q2 September 2016 profits. This was partially offset by foreign exchange movement, Maruti Suzuki India said.

Maruti is Indias biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti (as per the shareholding pattern as on 30 September 2016).

Powered by Capital Market - Live News

Indian Oil Corporation declines after Q2 results
Oct 27,2016

The result was announced during trading hours today, 27 October 2016.

Meanwhile, the BSE Sensex was up 56.43 points, or 0.20%, to 27,892.94.

On BSE, so far 4.41 lakh shares were traded in the counter, compared with average daily volume of 3.62 lakh shares in the past one quarter. The stock hit a high of Rs 324.50 and a low of Rs 310.10 so far during the day. The stock hit a record high of Rs 333.60 on 7 October 2016. The stock hit a 52-week low of Rs 172.53 on 12 February 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 9.99% compared with 1.37% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 20.91% as against Sensexs 1.32% decline.

The large-cap company has equity capital of Rs 4855.90 crore. Face value per share is Rs 10.

Indian Oil Corporation (IOCL)s total income rose 3.43% to Rs 101128.07 crore in Q2 September 2016 over Q2 September 2015.

Average gross refining margin (GRM) was reported at $7.19 per barrel (bbl) in the April-September 2016, higher than $5.76 per bbl in April-September 2015.

The company has accounted for budgetary support of Rs 2784.64 crore in April-September 2016, as revenue grants, compared with budgetary support of Rs 3448.32 crore in April-September 2015.

The company has accounted for Nil discounts on crude oit/products purchased from ONGC/OIL/CPCL which is adjusted against the purchase cost, towards under-recovery on sale of SKO (PDS). On this account, net under-realization suffered by the company during April-September 2016 is Nil.

IOCL is Indias flagship national oil company, with business interests that straddle the entire hydrocarbon value chain - from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas as well as marketing of natural gas and petrochemicals. The Government of India held 58.28% stake in IOCL (as per the shareholding pattern as on 30 September 2016).

Powered by Capital Market - Live News

Bajaj Finance standalone net profit rises 45.95% in the September 2016 quarter
Oct 27,2016

Net profit of Bajaj Finance rose 45.95% to Rs 407.76 crore in the quarter ended September 2016 as against Rs 279.39 crore during the previous quarter ended September 2015. Sales rose 36.94% to Rs 2180.20 crore in the quarter ended September 2016 as against Rs 1592.09 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2180.201592.09 37 OPM %72.5370.01 - PBDT644.05440.57 46 PBT626.30427.96 46 NP407.76279.39 46

Powered by Capital Market - Live News

Indo Credit Capital reports standalone nil net profit/loss in the September 2016 quarter
Oct 27,2016

Indo Credit Capital reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. Sales remain constant at Rs 0.03 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.030.03 0 OPM %00 - PBDT00 0 PBT00 0 NP00 0

Powered by Capital Market - Live News

Himalya International reports standalone net profit of Rs 0.75 crore in the September 2016 quarter
Oct 27,2016

Net profit of Himalya International reported to Rs 0.75 crore in the quarter ended September 2016 as against net loss of Rs 6.82 crore during the previous quarter ended September 2015. Sales rose 21.30% to Rs 33.65 crore in the quarter ended September 2016 as against Rs 27.74 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales33.6527.74 21 OPM %23.458.62 - PBDT3.63-3.38 LP PBT0.75-6.82 LP NP0.75-6.82 LP

Powered by Capital Market - Live News

Supreme Industries standalone net profit rises 76.88% in the September 2016 quarter
Oct 27,2016

Net profit of Supreme Industries rose 76.88% to Rs 57.52 crore in the quarter ended September 2016 as against Rs 32.52 crore during the previous quarter ended September 2015. Sales rose 14.62% to Rs 878.01 crore in the quarter ended September 2016 as against Rs 766.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales878.01766.05 15 OPM %15.1811.63 - PBDT126.1682.91 52 PBT88.7749.42 80 NP57.5232.52 77

Powered by Capital Market - Live News

MRF standalone net profit declines 14.36% in the September 2016 quarter
Oct 27,2016

Net profit of MRF declined 14.36% to Rs 385.29 crore in the quarter ended September 2016 as against Rs 449.92 crore during the previous quarter ended September 2015. Sales declined 0.76% to Rs 3226.03 crore in the quarter ended September 2016 as against Rs 3250.61 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3226.033250.61 -1 OPM %20.3624.28 - PBDT716.41797.37 -10 PBT565.71672.79 -16 NP385.29449.92 -14

Powered by Capital Market - Live News

Escorts standalone net profit rises 219.61% in the September 2016 quarter
Oct 27,2016

Net profit of Escorts rose 219.61% to Rs 31.29 crore in the quarter ended September 2016 as against Rs 9.79 crore during the previous quarter ended September 2015. Sales rose 21.71% to Rs 990.99 crore in the quarter ended September 2016 as against Rs 814.21 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales990.99814.21 22 OPM %6.303.20 - PBDT59.9726.50 126 PBT43.6711.04 296 NP31.299.79 220

Powered by Capital Market - Live News

TVS Motor Company standalone net profit rises 33.42% in the September 2016 quarter
Oct 27,2016

Net profit of TVS Motor Company rose 33.42% to Rs 177.39 crore in the quarter ended September 2016 as against Rs 132.96 crore during the previous quarter ended September 2015. Sales rose 21.10% to Rs 3393.14 crore in the quarter ended September 2016 as against Rs 2801.92 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3393.142801.92 21 OPM %8.158.10 - PBDT306.48234.99 30 PBT234.04178.46 31 NP177.39132.96 33

Powered by Capital Market - Live News

Firstsource Solutions standalone net profit declines 9.10% in the September 2016 quarter
Oct 27,2016

Net profit of Firstsource Solutions declined 9.10% to Rs 42.45 crore in the quarter ended September 2016 as against Rs 46.70 crore during the previous quarter ended September 2015. Sales declined 5.23% to Rs 204.59 crore in the quarter ended September 2016 as against Rs 215.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales204.59215.88 -5 OPM %25.6626.55 - PBDT53.1959.53 -11 PBT48.1249.10 -2 NP42.4546.70 -9

Powered by Capital Market - Live News