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

G G Automotive Gears to hold board meeting
Oct 19,2016

G G Automotive Gears will hold a meeting of the Board of Directors of the Company on 3 November 2016 to consider the proposal for approval of un-audited financial results for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Anant Raj to hold board meeting
Oct 19,2016

Anant Raj will hold a meeting of the Board of Directors of the Company on 27 October 2016.

Powered by Capital Market - Live News

Apollo Tyres to hold board meeting
Oct 19,2016

Apollo Tyres will hold a meeting of the Board of Directors of the Company on 9 November 2016 for consideration of Un-audited Financial Results for the quarter/half year ended September 30, 2016 (Q2).

Powered by Capital Market - Live News

Nivi Trading to hold board meeting
Oct 19,2016

Nivi Trading will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider and take on record the Unaudited Financial Results (Provisional) of the Company for the quarter ended September 30, 2016.

Powered by Capital Market - Live News

Shree Cement to hold board meeting
Oct 19,2016

Shree Cement will hold a meeting of the Board of Directors of the Company on 7 November 2016 to consider and approve, the Standalone Un-audited Financial Results for the Quarter and Six Months ended on September 30, 2016 (Q2).

Powered by Capital Market - Live News

Inland Waterways Authority of India awards contract for construction of Multi - Modal terminal at Sahibganj
Oct 19,2016

The multi-modal terminal at Sahibganj in Jharkhand is soon to become a reality. The Inland Waterways Authority of India has recently awarded the contract for construction of the terminal to Larson & Tourbo (L&T). With the targeted completion of Phase -1 in 2019, the state of the art terminal will have a cargo handling capacity of 2.28 MMTPA.

Given Jharkhands coal reserves of nearly 80 billion tonnes, the location of the multi modal terminal at Sahibganj is especially significant. It will play an important role in transportation of domestic coal from the local mines to intended thermal power plants owing to its good railway connectivity . Besides coal, stone-chips are also expected to be transported through the terminal.

The multi modal terminal will have facilities including berthing space for two vessels, stockyard for storing, belt conveyor system with fixed hoppers, barge loader, shore protection works, roads, ramps and parking area, and terminal buildings.

The Sahibganj terminal is the second out of the three multi-modal terminals planned under the Ganga Jal Marg Vikas Project, to be awarded for construction in a record time. Earlier in May, IWAI awarded the contract to construct a multi-modal terminal at Varanasi to AFCONS Infrastructure Ltd. The third terminal will be constructed at Haldia in West Bengal.

The Government is developing National Waterway-1 under the Jal Marg Vikas Project, with technical and financial assistance of the World Bank at an estimated cost of Rs. 4,200 crore. The project would enable commercial navigation of vessels with capacity of 1500-2,000 tons.

Phase-I of the project covers the Haldia-Varanasi stretch. The project includes development of fairway, Multi-Modal Terminals at Varanasi, Haldia, and Sahibganj, strengthening of river navigation system, conservancy works, modern River Information System (RIS), Digital Global Positioning System (DGPS), night navigation facilities, modern methods of channel marking, construction of a new state of the art navigational lock at Farakka.

Powered by Capital Market - Live News

ITC drops on reports GST Council is mulling sin cess
Oct 19,2016

The company currently pays 25% value-added tax (VAT) and 40% excise duty. After GST, ITC may have to pay 26% GST along with sin cess, reports suggested.

Meanwhile, the S&P BSE Sensex was down 66.51 points or 0.24% at 27,984.37

On BSE, so far 15.44 lakh shares were traded in the counter as against average daily volume of 9.89 lakh shares in the past one quarter. The stock hit a high of Rs 245.90 and a low of Rs 238.50 so far during the day. The stock had hit a 52-week high of Rs 266 on 8 September 2016. The stock had hit a 52-week low of Rs 178.67 on 29 February 2016.

The large-cap company has equity capital of Rs 1211.16 crore. Face value per share is Re 1.

ITCs net profit rose 10.09% to Rs 2384.67 crore on 9.69% growth in net sales to Rs 9957.66 crore in Q1 June 2016 over Q1 June 2015.

ITC is a diversified company, with presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

Powered by Capital Market - Live News

Mangalore Chemicals hits the roof after turnaround Q2 outcome
Oct 19,2016

Net sales declined 5.55% to Rs 848.44 crore in Q2 September 2016 over Q2 September 2015. The result was declared during market hours today, 19 October 2016.

Meanwhile, the BSE Sensex was down 68.67 points, or 0.24%, to 27,982.21

On BSE, so far 2.55 lakh shares were traded in the counter, compared with average daily volume of 13,702 shares in the past one quarter. The stock hit a high of Rs 63.35 in intraday trade so far, which is 52-week high for the counter. The stock hit a low of Rs 52.15 so far during the day. The stock hit a 52-week low of Rs 35.30 on 15 February 2016.

The small-cap company has equity capital of Rs 118.52 crore. Face value per share is Rs 10.

Mangalore Chemicals and Fertilizers is the largest manufacturer of chemicals fertilizers in Karnataka. The company with its wide range of products that include Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers, touches and enriches the lives of farmers across Southern India.

Powered by Capital Market - Live News

K.P. Energy plans to purchase 3 of Suzlons WTG of 2.10 MW
Oct 19,2016

K.P. Energy has issued Letter of intent to purchase 3 Nos. of 2.10 MW equipment, model no. S97_120, 2100 KW Suzlon make WTG to be supplied in Gujarat for its 6.30 MW Wind power project.

Powered by Capital Market - Live News

ITPO signs MoU with DoC
Oct 19,2016

Memorandum of Understanding (MoU) 2016-17 was signed between India Trade Promotion Organisation (ITPO) and Department of Commerce (DoC), Government of India.

L.C. Goyal, CMD, ITPO mentioned that for the year 2016-17, the Excellent financial target for Revenue from operations (Gross Sales) has been fixed at Rs.250 crore. He also mentioned that ITPO will make all out efforts to achieve n++Excellentn++ rating as per the targets given by DPE for the year 2016-17 and ensure delivery of better services to all the stakeholders .

Powered by Capital Market - Live News

Godrej Properties receives several recognition for its leadership in environmental sustainability
Oct 19,2016

Godrej Properties announced that it has received several recognition for its leadership in environmental sustainability. The Company is ranked as the 2nd best developer in Asia and 5th best developer in the World for its leadership in sustainable development as per the recent Global Real Estate Sustainability Benchmark Report.

Godrej Properties has also recently received a LEED Platinum Rating for the office premises of the Godrej Group headquarters at Godrej One under the Commercial Interiors segment from the US Green Building Council. This is one of the first such certifications in the country.

The Indian Green Building Council has awarded the IGBC Green Champion Award to Pirojsha Godrej at the IGBC Green Council Awards 2016.

Powered by Capital Market - Live News

Bronze Trading announces change in directorate
Oct 19,2016

Bronze Trading announced Shivangi Bipinchandra Gajjar has resigned from the post of Director, w.e.f. 19 October 2016.

And Lataben Gautambhai Vaseta appointed as Indipendent Director w.e.f. 19 October 2016.

Powered by Capital Market - Live News

Bhel gains after reports of Supreme Courts relief over Ennore thermal project
Oct 19,2016

Meanwhile, the BSE Sensex was down 86.53 points, or 0.31%, to 27,964.35.

On BSE, so far 15.49 lakh shares were traded in the counter, compared with average daily volume of 10.63 lakh shares in the past one quarter. The stock hit a high of Rs 143.45 and a low of Rs 139 so far during the day. The stock hit a 52-week high of Rs 219.70 on 27 October 2015. The stock hit a 52-week low of Rs 90.40 on 29 February 2016. The stock had underperformed the market over the past one month till 18 October 2016, falling 7.19% compared with 1.92% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 2.58% as against Sensexs 1.1% rise.

The large-cap company has equity capital of Rs 489.52 crore. Face value per share is Rs 2.

As per reports, the Supreme Court allowed a batch of civil appeals against Madras High Courts stay over construction of Bharat Heavy Electricals (Bhel)s 1320 megawatts Ennore SEZ supercritical thermal power project. Bhel had won a contract in October 2014 worth Rs 7800 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for setting up 2X660 megawatt (MW) thermal power plant on engineering, procurement and construction (EPC) basis at Ennore SEZ. However, the contract was challenged by a rival consortium.

The Supreme Court was also critical of the Madras High Court for not exercising restraint and held that the latters order followed the path of error in continuum. Though Bhel was awarded the contract for the construction of these plants, a division bench of the Madras High Court had allowed pleas of the other bidder, Central Southern China Electric Power Design Institute (CSEPDI)-Trishe Consortium and directed TANGEDCO to evaluate the price bid taking into consideration representations submitted by the consortium, thereby prompting TANGEDCO and Bhel to challenge the order.

In its judgment, a division bench of the Supreme Court comprising Justices Dipak Misra and Shiva Kirti Singh observed that in a complex fiscal evaluation the court has to apply the doctrine of restraint. Several aspects, clauses, contingencies, etc. have to be factored. These calculations are best left to experts and those who have knowledge and skills in the field. The bench was referring to a consultant report which defended the award of the contract to Bhel by TANGEDCO. The bench was also critical of the Madras High Court entertaining a plea to consider representations before the finalisation of a contract.

The construction of 2X660 MW Ennore SEZ Supercritical Thermal Power Project was delayed since there were several rounds of litigation in the Madras High Court over the tender process of TANGEDCO with CSEPDI - Trishe Consortium, alleging n++arbitrariness, anomalies and inconsistenciesn++ in the process.

Bhel had announced during market hours yesterday, 18 October 2016 that Prime Minister of India dedicated three Bhel-commissioned hydro power projects to the nation.

Bhels net profit jumped 54.2% to Rs 77.77 crore on 29% growth in net sales to Rs 5522.76 crore in Q1 June 2016 over Q1 June 2015.

State-run Bhel is an integrated power plant equipment manufacturer. It is one of the largest engineering and manufacturing companies in India engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for core sectors of the economy, viz. power, transmission, industry, railways, renewable energy, oil & gas, water and defence. The Government of India currently holds 63.06% stake in Bhel (as per the shareholding pattern as on 30 June 2016).

Powered by Capital Market - Live News

Positive Electronics announces resignation of directors
Oct 19,2016

Positive Electronics announced that Sanjay Krishnakant Shah, Whole time Director & CFO of the Company and Ashokkumar Chandulal Patel, director of the Company have resigned from the Board of Directors of the Company, with effect from 18 October 2016.

Powered by Capital Market - Live News

ESIC Would Provide Pan India Healthcare Facilities With Second Generation Reforms From March 2017, Says Its Insurance Commissioner
Oct 19,2016

Employees State Insurance Corporation (ESIC) will shortly launch the second generation reforms as per which it will have Pan India presence covering over 650 districts of the country with its healthcare and community dispensaries facilities, according to its Insurance Commissioner, ESI, Mr. Arun Kumar.

Addressing a Seminar on n++Implementation of ESI Act & The Schemes Framed Thereundern++ under aegis of PHD Chamber of Commerce and Industry, Mr. Kumar also said that the corporation has decided to take in its fold all construction workers, according them with ESI benefits.

However, the ESIC is likely to propose to charge the financial contribution from construction workers employers to give them ESI benefits which would be drawn from the various welfare boards in which the construction companies deposit their construction cesses, indicated Mr. Kumar pointing out that this thinking is on progress at the higher level of bureaucracy within the union labour ministry.

Elaborating on the issue of second generation reforms in ESIC, Mr. Kumar said that currently ESIC has its healthcare and hospital facilities around 300 districts where the workers avail of medical and healthcare facilities. This facilities would be extended to all districts of the country as the government of the day under Prime Minister Modi has already a scheme to this effect, process of which would begun from March 2017 onwards.

He also informed that ESIC insured persons would be entitled for 26 weeks of maternity benefits from existing 12 weeks for which the corporation would bear the financial burden instead of employers.

Likewise, the wage threshold ceiling of workers for availing of ESI benefits is likely to be enhanced to Rs.21,000 per month from the current wage limit of Rs.15,000 per month for which a notification would come about in next few days although intentional notification to this effect has already been issued.

Powered by Capital Market - Live News