My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Reliance Capital gains after board approves independent listing of home finance business

Reliance Capital gains after board approves independent listing of home finance business

Sep 14,2016

The announcement was made yesterday, 13 September 2016, when stock market remained closed on account of Bakri Id.

Meanwhile, the S&P BSE Sensex was down 46.19 points or 0.16% at 28,307.35.

On BSE, so far 6.75 lakh shares were traded in the counter as against average daily volume of 5.01 lakh shares in the past one quarter. The stock hit a high of Rs 561.50 and a low of Rs 546.65 so far during the day. The stock had hit a 52-week high of Rs 574 on 9 September 2016. The stock had hit a 52-week low of Rs 303.60 on 12 February 2016. The stock had outperformed the market over the past one month till 12 September 2016, rising 21.96% compared with 0.71% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 32.06% as against Sensexs 6.45% rise.

The large-cap company has equity capital of Rs 252.63 crore. Face value per share is Rs 10.

Reliance Capital said the independent listing of Reliance Home Finance (RHF) is expected to unlock substantial value for existing shareholders of Reliance Capital. The listing of Reliance Home Finance will also lead to increased management focus and accelerated growth in the home finance business. As per the proposal, 49% stake in Reliance Home Finance Limited will be allotted to all shareholders of Reliance Capital, in the ratio of one share free of cost in Reliance Home Finance for every one share held in Reliance Capital.

Reliance Capital will hold a 51% stake in Reliance Home Finance, and the company will be adequately capitalised to grow the lending book to over Rs 20000 crore in the next 18 months. The proposal is subject to necessary shareholders and other approvals. Reliance Home Finance, a 100% subsidiary of Reliance Capital, provides a wide range of loan solutions like home loan, LAP, construction finance and affordable housing loans. The company reported an AUM of Rs 8259 crore ($1.2 billion) during the quarter ended 30 June 2016.

Mr. Anmol A. Ambani, Director, Reliance Capital said Prime Minister, Narendra Modi has set a goal of affordable housing for all by 2022. There is presently an estimated shortage of 10 crore residential units in India. To address the needs of this sector, Reliance Home Finance has charted an aggressive growth plan in this space, and aims to increase its book size to over Rs 50000 crore in the next few years.

On a consolidated basis, Reliance Capitals net profit rose 3% to Rs 207 crore on 48.3% growth in total income to Rs 3663 crore in Q1 June 2016 over Q1 June 2015.

Reliance Capital, a part of the Reliance Group, is one of Indias leading private sector financial services companies.

Powered by Capital Market - Live News

Volumes jump at Solar Industries counter
Aug 21,2017

Solar Industries India clocked volume of 2.91 lakhshares by 13:20 IST on BSE, a 84.63-times surge over two-week average daily volume of 3,000 shares. The stock fell 1.24% to Rs 853.

Supreme Industries notched up volume of 1.40 lakh shares, a 33.52-fold surge over two-week average daily volume of 4,000 shares. The stock fell 0.95% to Rs 1,057.80.

Axis Bank saw volume of 1.18 crore shares, a 17.70-fold surge over two-week average daily volume of 6.67 lakh shares. The stock rose 1.70% to Rs 499.05.

IRB InvIT Fund clocked volume of 16.10 lakh shares, a 16.56-fold surge over two-week average daily volume of 97,000 shares. The stock rose 0.49% to Rs 96.50.

V-Mart Retail saw volume of 45,000 shares, a 15.25-fold rise over two-week average daily volume of 3,000 shares. The stock rose 20% to Rs 1,464.70.

Powered by Capital Market - Live News

PC Jeweller leads gainers in A group
Aug 21,2017

PC Jeweller jumped 5.21% to Rs 391.75 at 12:34 IST. The stock topped the gainers in the BSEs A group. On the BSE, 3.44 lakh shares were traded on the counter so far as against the average daily volumes of 2.74 lakh shares in the past two weeks.

Delta Corp surged 3.76% to Rs 176.45. The stock was the second biggest gainer in A group. On the BSE, 9.35 lakh shares were traded on the counter so far as against the average daily volumes of 5.84 lakh shares in the past two weeks.

Chennai Petroleum Corporation gained 3.78% at Rs 414.30. The stock was the third biggest gainer in A group. On the BSE, 1.82 lakh shares were traded on the counter so far as against the average daily volumes of 1.72 lakh shares in the past two weeks.

Century Textiles & Industries advanced 3.23% at Rs 1,226.20. The stock was the fourth biggest gainer in A group. On the BSE, 52,000 shares were traded on the counter so far as against the average daily volumes of 1.72 lakh shares in the past two weeks.

NMDC rose 2.82% to Rs 124.05. The stock was the fifth biggest gainer in A group. On the BSE, 2.44 lakh shares were traded on the counter so far as against the average daily volumes of 4.03 lakh shares in the past two weeks.

Powered by Capital Market - Live News

Monte Carlo advances after strong Q1 results
Aug 21,2017

The result was announced after market hours on Friday, 18 August 2017.

Meanwhile, the S&P BSE Sensex was down 65.21 points, or 0.21% at 31,459.47. The S&P BSE Small-Cap index was down 10.62 points, or 0.07% at 15,607.33.

On the BSE, 1,354 shares were traded on the counter so far as against the average daily volumes of 9,684 shares in the past one quarter. The stock had hit a high of Rs 484 and a low of Rs 474.30 so far during the day. The stock had hit a record high of Rs 640.10 on 11 July 2017 and a 52-week low of Rs 370 on 17 February 2017.

The stock had underperformed the market over the past one month till 18 August 2017, declining 16.26% compared with the Sensexs 0.59% fall. The scrip had, however, outperformed the market over the past one quarter advancing 4.06% as against the Sensexs 3.58% rise. The scrip had, however, underperformed the market over the past one year advancing 2.51% as against the Sensexs 12.09% rise.

The small-cap company has equity capital of Rs 21.73 crore. Face value per share is Rs 10.

Monte Carlo Fashions is engaged in manufacturing of all types of textile garments and clothing accessories.

Powered by Capital Market - Live News

ACE EduTrend to convene board meeting
Aug 21,2017

ACE EduTrend will hold a meeting of the Board of Directors of the Company on 25 August 2017.

Powered by Capital Market - Live News

Oriental Veneer Products to convene AGM
Aug 21,2017

Oriental Veneer Products announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2017.

Powered by Capital Market - Live News

Dynavision to discuss results
Aug 21,2017

Dynavision will hold a meeting of the Board of Directors of the Company on 30 August 2017, to approve the Un-audited Financial Results of the Company for the quarter ended 30th June 2017

Powered by Capital Market - Live News

RTS Power Corporation schedules board meeting
Aug 21,2017

RTS Power Corporation will hold a meeting of the Board of Directors of the Company on 14 September 2017, to approve the Unaudited Standalone Financial Results of the Company for the Quarter and three months ended on 30th June, 2017

Powered by Capital Market - Live News

Axtel Industries to convene AGM
Aug 21,2017

Axtel Industries announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2017.

Powered by Capital Market - Live News

Board of Sanwaria Agro Oils recommends final dividend
Aug 21,2017

Sanwaria Agro Oils announced that the Board of Directors of the Company at its meeting held on 18 August 2017, inter alia, have recommended the final dividend of Rs 0.05 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

KG Denim to announce Quarterly Result
Aug 21,2017

KG Denim will hold a meeting of the Board of Directors of the Company on 2 September 2017, to approve the Un-audited Financial Results of the Company along with the Limited Review Report for the Quarter ended June 30, 2017.

Powered by Capital Market - Live News

Sterling Powergensys to conduct AGM
Aug 21,2017

Sterling Powergensys announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2017.

Powered by Capital Market - Live News

Artillegence Bio-Innovations to conduct AGM
Aug 21,2017

Artillegence Bio-Innovations announced that the Annual General Meeting (AGM) of the company will be held on 11 August 2017.

Powered by Capital Market - Live News

Stock Net International to conduct AGM
Aug 21,2017

Stock Net International announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2017.

Powered by Capital Market - Live News

Ashiana Agro Industries schedules AGM
Aug 21,2017

Ashiana Agro Industries announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2017.

Powered by Capital Market - Live News

Esquire Money Guarantees to convene AGM
Aug 21,2017

Esquire Money Guarantees announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2017.

Powered by Capital Market - Live News