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

Ramco Systems to partner with Panasonic Group of Companies in Malaysia
Jan 04,2017

Ramco Systems announced that the Panasonic Group of Companies in Malaysia has signed a multi-million-dollar strategic deal with Ramco Systems Sdn. Bhd. Malaysia part of Ramco Systems to digitize and transform HR and Payroll operations for nearly 20,000 employees nationwide on a unified platform.

Panasonic Group of companies in Malaysia, part of the leading Japanese electronics manufacturer, said employees in 21 entities using multiple systems currently will now be powered by integrated Ramco HR software giving a seamless HR experience, group-wide.

Ramco Systems award-winning Human Capital Management (HCM) solution will integrate with multiple Enterprise Applications and Finance systems in individual companies for statutory and payroll requirements.

Powered by Capital Market - Live News

Engineers India announces cessation of director
Jan 04,2017

Engineers India announced that Ashwani Soni, Director (Projects) ceased to be the Director (Projects) of the Company w.e.f. 01 January 2017 on attaining the age of superannuation on 31 December 2016.

Powered by Capital Market - Live News

Power Finance Corporation provides update on subsidiary
Jan 04,2017

Power Finance Corporation announced that the following company has been incorporated as wholly owned subsidiary of PFC Consulting (a wholly owned subsidiary of Power Finance Corporation):

1. Name of the SPV : Fatehgarh-Bhadla Transmission
- Date of Incorporation : 30 December 2016

Powered by Capital Market - Live News

Tata Power Company announces change in directorate
Jan 04,2017

Tata Power Company announced that S. Padmanabhan, additional director on the Companys Board, has been nominated as Chairman of the Board of Directors of the Company effective from 04 January 2017.

Powered by Capital Market - Live News

Uflex provides business update
Jan 04,2017

Uflex has designed a three layered; 12.5 micron coated polyester / 18 micron BOPP (both side treated) / 35 micron Polyethylene packaging structure as a 3D flat bottom pouch. The product has been designed for its client Whole Foods Market for its Tortilla Chips. The transformed packaging has offered the following advantages - increased shelf life of tortilla chips; a concealed press to close pocket zipper allows for deferred consumption of the packet contents; and the 3D pouch renders 360 degree branding canvas to the packet as it has five distinct panels.

Powered by Capital Market - Live News

Board of Coromandel International to consider Q3 results
Jan 04,2017

Coromandel International announced that a Meeting of the Board of Directors of the Company has been convened to be held on 25 January 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter ended 31 December 2016 (Q3).

Powered by Capital Market - Live News

Outcome of board meeting of Stone India
Jan 04,2017

Stone India announced that the Board of Directors of the Company at its meeting held on 03 January 2017 accepted the sanction advice dated 12 December 2016 issued by Indian Overseas Bank for enhancement cum renewal of working capital limit and authorised the company officials to execute the necessary documents.

Powered by Capital Market - Live News

Nikkei India Services PMI unhanged in December 2016
Jan 04,2017

Business activity in the Indian service sector fell for the second consecutive month in December 2016, reflecting a steeper reduction in incoming new work. Backlogs continued to rise, while employment decreased fractionally. Panel members widely blamed the deterioration in economic conditions on the rupee demonetization, with concerns towards the speed of the recovery weighing heavily on sentiment. Meanwhile, input costs rose further, but efforts to boost demand led some firms to lower their charges.

The seasonally adjusted headline Nikkei India Services Business Activity Index registered 46.8 in December, little-changed from Novembers reading of 46.7 and indicating a further solid contraction in output. Moreover, the downturn was broad-based by sub-sector, with Hotels & Restaurants firms the worst performers.

With factory production also falling, activity across the private sector economy as a whole dipped to the greatest extent in over three years. This was highlighted by the seasonally adjusted Nikkei India Composite PMI Output Index recording 47.6 in December, from 49.1 in November.

Data implied that services activity fell in response to a solid and accelerated drop in new business during December. The rate of contraction in new work quickened to the fastest since September 2013, with anecdotal evidence suggesting that the decline reflected shortages of money in the country. Meanwhile, order books at manufacturers decreased for the first time in 2016, albeit marginally.

Cash flow issues reportedly caused another increase in outstanding business among private sector firms, with backlogs rising for the seventh straight month (although only moderately).

In spite of higher backlogs, service providers made cutbacks to staffing levels during December. That said, the drop in employment was only fractional, thereby continuing a trend of broadly stagnant workforces that was evident throughout 2016. A similar trend of fractional job losses was seen among goods producers.

Input prices faced by service providers in India continued to rise in December. However, with less than 1% of firms indicating higher cost burdens and the remaining respondents signalling no change since November, the rate of cost inflation was only marginal and negligible in the context of historical data. Purchase price inflation at manufacturers picked up, but remained below the series long-run average.

Services charges were lowered for the third successive month amid intense competitive pressures and attempts to stimulate demand. Nevertheless, the rate of discounting was marginal overall. Conversely, goods producers raised their output prices for the tenth straight month, but the rate of inflation eased to the weakest since August.

Indian service providers signalled optimism regarding the 12-month outlook for activity during December, although the level of positive sentiment dipped to the third-lowest in over 11 years of data collection. Evidence highlighted expectations of a rebound in demand in the coming 12 months, but worries towards the speed of the recovery following the rupee demonetization hampered confidence.

Commenting on the Indian Services PMI survey data, Pollyanna De Lima, economist at IHS Markit, and author of the report, said The Indian service economy ended 2016 on a grim note, with the average PMI activity index reading for the Oct-Dec quarter the lowest since early-2014. Combined with the manufacturing PMI, data suggest that Indian GDP is set to grow in Q3 FY16/17, but a slowdown is likely. Of concern, business confidence among service providers plunged to one of the lowest in the series 11-year history, suggesting that an imminent rebound from the rupee-demonetization downturn is unlikely.

Powered by Capital Market - Live News

Jindal Leasefin appoints company secretary and compliance officer
Jan 04,2017

Jindal Leasefin announced that the Board of Directors of the Company has appointed Itika Singhal, as the Secretary and Compliance Officer of the Company.

Powered by Capital Market - Live News

Oudh Sugar Mills gains as CARE upgrades rating of bank facilities
Jan 04,2017

The announcement was made after market hours yesterday, 3 January 2017.

Meanwhile, the S&P BSE Sensex was up 68.91 points or 0.26% at 26,712.15.

On the BSE, 41,000 shares were traded on the counter so far as against the average daily volumes of 64,327 shares in the past one quarter. The stock had hit a high of Rs 116.50 and a low of Rs 112.50 so far during the day.

The stock had hit a 52-week high of Rs 160.95 on 16 June 2016 and a 52-week low of Rs 33 on 12 February 2016. The stock had outperformed the market over the past one month till 3 January 2017, advancing 6.21% compared with the Sensexs 1.57% rise. The scrip had also outperformed the market over the past one quarter advancing 7.18% as against the Sensexs 5.67% fall.

The small-cap company has equity capital of Rs 11.56 crore. Face value per share is Rs 10.

Oudh Sugar Mills announced that rating agency Credit Analysis & Research (CARE) has upgraded and assigned CARE BBB- (Triple B Minus) rating to long-term bank facilities from banks so accepted by the company.

Oudh Sugar Mills reported net profit of Rs 18.63 crore in Q2 September 2016, as compared to net loss of Rs 19.15 crore in Q2 September 2015. Net sales advanced 31.7% to Rs 330.29 crore in Q2 September 2016 over Q2 September 2015.

Oudh Sugar Mills is engaged in sugar manufacturing. Its segments include sugar, distillery, co-generation and food processing.

Powered by Capital Market - Live News

Board of Havells India to consider Q3 and 9M results
Jan 04,2017

Havells India announced that a meeting of Board of Directors of the Company is scheduled to be held on 17 January 2017, inter alia, to consider and approve the Unaudited Standalone Financial Results of the Company for the third quarter and nine months ended 31 December 2016 (Q3).

Powered by Capital Market - Live News

Dolphin Offshore Enterprises (India) to announce December quarter results
Jan 04,2017

Dolphin Offshore Enterprises (India) announced that the Meeting of the Board of Directors of the Company will be held on 02 February 2017 to consider interalia the Unaudited Financial Results (Provisional) for the quarter ended 31 December 2016.

Powered by Capital Market - Live News

Nandan Denim jumps as RBI raises foreign investment ceiling
Jan 04,2017

Meanwhile, the S&P BSE Sensex was up 28.13 points or 0.11% at 26,671.37.

On the BSE, 1.19 lakh shares were traded on the counter so far as against the average daily volumes of 74,097 shares in the past one quarter. The stock had hit a high of Rs 126.85 and a low of Rs 114 so far during the day.

The stock had hit a 52-week high of Rs 165.80 on 18 May 2016 and a 52-week low of Rs 97.20 on 12 February 2016. It had underperformed the market over the past one month till 3 January 2017, sliding 6.23% compared with the Sensexs 1.57% rise. The scrip had also underperformed the market over the past one quarter declining 18.62% as against the Sensexs 5.67% fall.

The small-cap company has equity capital of Rs 48.05 crore. Face value per share is Rs 10.

The Reserve Bank of India (RBI) yesterday, 3 January 2017, notified that foreign institutional investors (FIIs)/registered foreign portfolios investors (RFPIs) can now invest up to 49% of the paid-up capital of Nandan Denim under the Portfolio Investment Scheme (PIS).

The central bank has stated that Nandan Denim has passed resolutions at its board of directors level and a special resolution by the shareholders, agreeing for enhancing the limit from default 24% to 49% for the purchase of its equity shares by FIIs/RFPIs. The purchases could be made through primary market and stock exchanges.

FIIs held 11.95% stake in Nandan Denim end September 2016.

Nandan Denims net profit rose 4.4% to Rs 16.30 crore on 2.8% growth in net sales to Rs 302.63 crore in Q2 September 2016 over Q2 September 2015.

Nandan Denim is engaged in textile business.

Powered by Capital Market - Live News

Ramco Systems spurts after signing multi-million dollar deal
Jan 04,2017

The announcement was made during market hours today, 4 January 2017.

Meanwhile, the BSE Sensex was up 55.02 points, or 0.21%, to 26,698.26.

Higher than average volumes were witnessed on the counter. On the BSE, 78,436 shares were traded in the counter so far, compared with average daily volume of 40,473 shares in the past one quarter. The stock had hit a high of Rs 378.60 and a low of Rs 346.50 so far during the day. The stock had hit a 52-week high of Rs 814 on 3 May 2016. The stock had hit a 52-week low of Rs 286 on 15 December 2016.

The stock had outperformed the market over the past one month till 3 January 2017, rising 6.33% compared with the 1.57% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, declining 26.25% as against Sensexs 5.67% decline.

The small-cap aviation software provider has equity capital of Rs 30.34 crore. Face value per share is Rs 10.

Panasonic Group of companies in Malaysia has signed a multi-million-dollar strategic deal with Ramco Systems Sdn. Bhd. Malaysia part of Ramco Systems to digitize and transform HR and payroll operations for nearly 20,000 employees nationwide on a unified platform.

Panasonic Group of companies in Malaysia, part of the leading Japanese electronics manufacturer, said employees in 21 entities using multiple systems currently will now be powered by integrated Ramco HR software giving a seamless HR experience, group-wide.

Ramco Systems Human Capital Management (HCM) solution will integrate with multiple enterprise applications and finance systems in individual companies for statutory and payroll requirements.

Panasonic Group of companies in Malaysia will lead the digital HR transformation initiative with a cloud-hosted Ramco HCM suite covering core HR, time & attendance, talent management, recruitment, planning & analytics in addition to payroll.

With this initiative, the role of HR Management in Panasonic Group will evolve from administrative roles to more strategic and business transformation roles by leveraging the reporting and analytical capabilities of this new system.

On the part of employees by using this new integrated system, all the tedious and time consuming HR processes will be simplified and fully automated. Employees can now be able to apply leave, manage claims, and pull pay slips using self-service features across various platforms including smart phones, tablets and desktops.

Ramco Systems reported consolidated net loss of Rs 1.17 crore in Q2 September 2016 compared with consolidated net profit of Rs 0.9 crore in Q1 June 2016. Consolidated net sales rose 2.48% to Rs 112.39 crore in Q2 September 2016 over Q1 June 2016.

Ramco Systems is an enterprise software player offering multi-tenanted cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.

Powered by Capital Market - Live News

Board of PALCO Company to consider December quarter results
Jan 04,2017

PALCO announced that the Meeting of the Board of Directors of the Company will be held on 10 January 2017, inter alia, to consider the Subject matter mentioned below:

1. To consider and approve the Un-Audited Financial Results for the Quarter ended on 31 December 2016.

2. To consider the resignation of the Statutory Auditor and to appoint the New Auditor in place of the resigned Auditors.

Powered by Capital Market - Live News