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

Gujarat Industries Power Co commissions 15 MW Kotadapitha Wind Farm Site
Feb 14,2017

Gujarat Industries Power Co announced two more wind turbine generators (WTGs) of 1.5 MW each have been commissioned at the Kotadapitha Wind Farm Site, Dist. Amreli in Gujarat for which certificate of commissioning has been issued by Gujarat Energy Development Authority. Accordingly, the total capacity of Kotadapitha Site is 10 WTGs x 1.5 MW i.e. 15 MW.

Further, on account of financial constraints faced by Leitwind Shiram Manufacturing, Chennai, the EPC Contractor, the said 27 MW Kotadapitha Wind Farm Site has been downsized and truncated at 15 MW.

Powered by Capital Market - Live News

Dr Lal Pathlabs announces resignation of director
Feb 14,2017

Dr Lal Pathlabs announced that the Company has, on 14 February 2017 received, an intimation dated 13 February 2017 from Dr. Murugan Rajaram Pandian, Independent Director, tendering his resignation from the Company with immediate effect.

Powered by Capital Market - Live News

Wipro allots 1232 equity shares
Feb 14,2017

Wipro has allotted 1232 equity shares under ADS RSU Plan 2004 to the employees on 13 February 2017 pursuant to exercise of ESOPs.

Powered by Capital Market - Live News

Petronet LNG moves higher after strong Q3 outcome
Feb 14,2017

The result was announced after market hours yesterday, 13 February 2016.

Meanwhile, the S&P BSE Sensex was down 2.55 points or 0.01% at 28,349.07

On the BSE, 51,000 shares were traded on the counter so far as against the average daily volumes of 1.29 lakh shares in the past one quarter. The stock had hit a high of Rs 388.45 and a low of Rs 381.50 so far during the day. The stock had hit a record high of Rs 410.85 on 17 October 2016 and a 52-week low of Rs 230 on 25 February 2016.

The large-cap company has equity capital of Rs 750 crore. Face value per share is Rs 10.

Petronet LNG was formed as a joint venture by the Government of India to import liquified natural gas (LNG) and set up LNG terminals in the country.

Powered by Capital Market - Live News

Board of Container Corporation of India declares interim dividend
Feb 14,2017

Container Corporation of India announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, has declared an Interim Dividend of Rs. 9.60 (96%) per equity share of face value of Rs. 10/ each amounting to Rs. 187.18 crore.

Powered by Capital Market - Live News

Board of Container Corporation of India recommends bonus issue
Feb 14,2017

Container Corporation of India announced that the Board of Directors of the Company at its meeting held on 13 February 2017, had recommended issue of Bonus shares to the shareholders of the Company in proportion of One (1) Bonus shares for every four (4) existing equity shares held by them in the Company as on the Record date, to be fixed separately. The same is subject to shareholders and other regulatory approvals as may be required. The approval of shareholders is being sought through Postal Ballot route.

Powered by Capital Market - Live News

Board of SKF India approves buyback of shares for an aggregate Rs 390 crore
Feb 14,2017

SKF India announced that the Board of Directors in their meeting held on 13 February 2017 have approved a proposal for buy-back of fully paid up Equity Shares of the Company (Buy-back) from all the existing shareholders of the Company as on record date which will be announced in due course, on a proportionate basis through the Tender Offer method in accordance with the provisions of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 1998, as amended and the Companies Act, 2013 and rules made thereunder at a price of Rs 1,500/- (Rupees one thousand five hundred only), per Equity Share (Buyback Pricen++), aggregating to an amount not exceeding Rs 390 crore, excluding any expenses incurred or to be incurred in relation to the Buy-back viz., brokerage, applicable taxes such as securities transaction tax, service tax, stamp duty and other incidental and related expenses.

The Company proposes to buy back 2,600,000 Equity Shares (Maximum Buyback Sharesn++) of Rs 10 each at the Buyback Price (representing 4.93% of the total paid up equity share capital of the Company as on 31 March 2016).The actual number of Equity Shares bought back may reduce depending on the number of Equity Shares tendered in the Buyback.

The Board noted the intention of members of the promoter and promoter group to participate in the proposed Buy-back. The Buy-back would be subject to approval of the shareholders of the Company by way of special resolution through postal ballot and all other applicable statutory approvals.

The Board has constituted a Buy-back Committee and delegated its powers to such Committee in connection with the proposed Buy-back.

Powered by Capital Market - Live News

Container Corporation of India fixes record date for interim dividend
Feb 14,2017

Container Corporation of India announced that the Company has fixed 23 February 2017 as the Record Date for the purpose of Payment of Interim Dividend.

The Interim dividend will be paid / dispatched to the shareholders on or after 02 March 2017. The payment of dividend will be made within 30 days of its declaration.

Powered by Capital Market - Live News

Board of Hindustan Petroleum Corporation declares interim dividend of Rs 22.50 per share
Feb 14,2017

Hindustan Petroleum Corporation announced that the Board at its meeting held on 13 February 2017, inter alia, has declared an interim dividend of Rs. 22.50 per equity share (Face value: Rs. 10/- per equity share).

Powered by Capital Market - Live News

Board of Control Print recommends dividend
Feb 14,2017

Control Print announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of NCL Industries recommends dividend
Feb 14,2017

NCL Industries announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Goldiam International to pay interim dividend for FY 2017
Feb 14,2017

Goldiam International announced that interim dividend for FY 2016-17 shall be paid from 23 February 2017.

Powered by Capital Market - Live News

Board of Goldiam International declares interim dividend of 20%
Feb 14,2017

Goldiam International announced that the Board of Directors of the Company at its meeting held on 13 February 2017, inter alia, have approved / declared first Interim Dividend of Rs. 2/- (Two Rupees) per equity share (i.e. 20% on the paid up equity share capital), for the Financial Year 2016-17.

Payment of first Interim dividend shall start from 23 February 2017.

Powered by Capital Market - Live News

Concor sinks after disappointing bonus ratio, poor Q3 result
Feb 14,2017

The announcement was made after market hours yesterday, 13 February 2017.

Meanwhile, the S&P BSE Sensex was down 73.19 points or 0.26% at 28,278.43

On BSE, so far 12,000 shares were traded in the counter as against average daily volume of 26,039 shares in the past one quarter. The stock hit a high of Rs 1,314 and a low of Rs 1,245.65 so far during the day. The stock had hit a 52-week high of Rs 1,544 on 2 August 2016. The stock had hit a 52-week low of Rs 1,050.85 on 12 February 2016.

The large-cap company has equity capital of Rs 194.97 crore. Face value per share is Rs 10.

Container Corporation of India (Concor)s net profit fell 9.56% to Rs 185.99 crore on 5.27% decline in net sales to Rs 1330.41 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 13 February 2017.

Concor provides logistics solutions. It has the largest network of inland container depots (ICDs)/container freight stations in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain. The Government of India (GoI) holds 56.75% stake in Concor (as per the shareholding pattern as on 31 December 2016).

Powered by Capital Market - Live News

GVK Power spurts on reports of Navi Mumbai Airport bid win
Feb 14,2017

Meanwhile, the BSE Sensex was down 4.30 points, or 0.02%, to 28,347.32.

On the BSE, so far 61.56 lakh shares were traded in the counter, compared with average daily volumes of 5.84 lakh shares in the past one quarter. The stock hit a high of Rs 7.70 so far during the day, which is also a 52-week high for the counter. The stock hit a low of Rs 7.16 so far during the day. The stock hit a 52-week low of Rs 4.13 on 6 June 2016.

The small-cap company has equity capital of Rs 157.92 crore. Face value per share is Re 1.

GVK Power & Infrastructure, which operates Mumbai international Airport (MIAL), has reportedly won a bid to develop Navi Mumbai airport. GVK-led company MIAL beat GMR Infrastructure to win the bid.

The new airport, first proposed in 1997 and approved by the Government in 2007, has been delayed by problems in buying land and in gaining necessary government permissions such as environmental clearance. The first phase of the airport is expected to be operational in 2019 and will be able to handle 10 million passengers annually, reports added.

GVK is a leading Indian conglomerate with diversified interests across various sectors including energy, resources, airports, transportation, hospitality and life sciences.

Powered by Capital Market - Live News