My Application Form Status

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

Trend Electronics reports standalone net loss of Rs 9.65 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Trend Electronics reported to Rs 9.65 crore in the quarter ended September 2016 as against net loss of Rs 5.06 crore during the previous quarter ended September 2015. Sales declined 11.57% to Rs 338.53 crore in the quarter ended September 2016 as against Rs 382.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales338.53382.84 -12 OPM %2.705.57 - PBDT-9.92-0.35 -2734 PBT-15.63-6.31 -148 NP-9.65-5.06 -91

Powered by Capital Market - Live News

Remi Sales & Engineering standalone net profit declines 36.96% in the September 2016 quarter
Nov 17,2016

Net profit of Remi Sales & Engineering declined 36.96% to Rs 0.29 crore in the quarter ended September 2016 as against Rs 0.46 crore during the previous quarter ended September 2015. Sales rose 10.76% to Rs 28.10 crore in the quarter ended September 2016 as against Rs 25.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales28.1025.37 11 OPM %1.072.40 - PBDT0.530.75 -29 PBT0.450.68 -34 NP0.290.46 -37

Powered by Capital Market - Live News

Pet Plastics standalone net profit rises 200.00% in the September 2016 quarter
Nov 17,2016

Net profit of Pet Plastics rose 200.00% to Rs 0.75 crore in the quarter ended September 2016 as against Rs 0.25 crore during the previous quarter ended September 2015. Sales declined 23.40% to Rs 7.79 crore in the quarter ended September 2016 as against Rs 10.17 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales7.7910.17 -23 OPM %9.630.10 - PBDT0.750.30 150 PBT0.750.30 150 NP0.750.25 200

Powered by Capital Market - Live News

Oricon Enterprises standalone net profit declines 87.36% in the September 2016 quarter
Nov 17,2016

Net profit of Oricon Enterprises declined 87.36% to Rs 0.56 crore in the quarter ended September 2016 as against Rs 4.43 crore during the previous quarter ended September 2015. Sales declined 37.07% to Rs 7.40 crore in the quarter ended September 2016 as against Rs 11.76 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales7.4011.76 -37 OPM %-30.00-3.06 - PBDT0.294.71 -94 PBT-0.074.29 PL NP0.564.43 -87

Powered by Capital Market - Live News

Crescent Leasing standalone net profit declines 71.43% in the September 2016 quarter
Nov 17,2016

Net profit of Crescent Leasing declined 71.43% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.07 crore during the previous quarter ended September 2015. Sales declined 33.33% to Rs 0.14 crore in the quarter ended September 2016 as against Rs 0.21 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.140.21 -33 OPM %121.4390.48 - PBDT0.020.10 -80 PBT0.020.10 -80 NP0.020.07 -71

Powered by Capital Market - Live News

Archidply Industries standalone net profit declines 5.59% in the September 2016 quarter
Nov 17,2016

Net profit of Archidply Industries declined 5.59% to Rs 1.52 crore in the quarter ended September 2016 as against Rs 1.61 crore during the previous quarter ended September 2015. Sales declined 14.43% to Rs 62.93 crore in the quarter ended September 2016 as against Rs 73.54 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales62.9373.54 -14 OPM %8.417.23 - PBDT3.223.43 -6 PBT2.021.98 2 NP1.521.61 -6

Powered by Capital Market - Live News

Burnpur Cement reports standalone net loss of Rs 13.68 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Burnpur Cement reported to Rs 13.68 crore in the quarter ended September 2016 as against net loss of Rs 3.03 crore during the previous quarter ended September 2015. Sales rose 44.84% to Rs 24.97 crore in the quarter ended September 2016 as against Rs 17.24 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales24.9717.24 45 OPM %-2.284.00 - PBDT-8.96-2.13 -321 PBT-12.02-3.03 -297 NP-13.68-3.03 -351

Powered by Capital Market - Live News

Indus Fila reports standalone net loss of Rs 15.45 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Indus Fila reported to Rs 15.45 crore in the quarter ended September 2016 as against net loss of Rs 12.38 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

Powered by Capital Market - Live News

Parabolic Drugs reports standalone net loss of Rs 43.12 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Parabolic Drugs reported to Rs 43.12 crore in the quarter ended September 2016 as against net loss of Rs 101.86 crore during the previous quarter ended September 2015. Sales declined 26.83% to Rs 14.13 crore in the quarter ended September 2016 as against Rs 19.31 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.1319.31 -27 OPM %0.99-301.55 - PBDT-28.18-84.78 67 PBT-41.57-101.86 59 NP-43.12-101.86 58

Powered by Capital Market - Live News

Helpage Finlease reports standalone net profit of Rs 0.01 crore in the September 2016 quarter
Nov 17,2016

Net profit of Helpage Finlease remain constant at Rs 0.01 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015. Sales rose 40.00% to Rs 0.07 crore in the quarter ended September 2016 as against Rs 0.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.070.05 40 OPM %14.2920.00 - PBDT0.010.01 0 PBT0.010.01 0 NP0.010.01 0

Powered by Capital Market - Live News

Tribhuvan Housing reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 17,2016

Net loss of Tribhuvan Housing reported to Rs 0.01 crore in the quarter ended September 2016 as against net profit of Rs 0.02 crore during the previous quarter ended September 2015. Sales declined 6.25% to Rs 0.15 crore in the quarter ended September 2016 as against Rs 0.16 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.150.16 -6 OPM %-6.6712.50 - PBDT-0.010.02 PL PBT-0.010.02 PL NP-0.010.02 PL

Powered by Capital Market - Live News

Knitworth Exports reports standalone net profit of Rs 0.01 crore in the September 2016 quarter
Nov 17,2016

Net profit of Knitworth Exports reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.11 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.03 -100 OPM %0-366.67 - PBDT0.01-0.11 LP PBT0.01-0.11 LP NP0.01-0.11 LP

Powered by Capital Market - Live News

Asya Infosoft standalone net profit declines 76.47% in the September 2016 quarter
Nov 17,2016

Net profit of Asya Infosoft declined 76.47% to Rs 0.04 crore in the quarter ended September 2016 as against Rs 0.17 crore during the previous quarter ended September 2015. Sales declined 64.29% to Rs 0.05 crore in the quarter ended September 2016 as against Rs 0.14 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.050.14 -64 OPM %20.0078.57 - PBDT0.050.18 -72 PBT0.040.17 -76 NP0.040.17 -76

Powered by Capital Market - Live News

Padmanabh Alloys & Polymers reports standalone net profit of Rs 0.37 crore in the September 2016 quarter
Nov 17,2016

Net profit of Padmanabh Alloys & Polymers reported to Rs 0.37 crore in the quarter ended September 2016 as against net loss of Rs 0.05 crore during the previous quarter ended September 2015. Sales declined 33.75% to Rs 5.30 crore in the quarter ended September 2016 as against Rs 8.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales5.308.00 -34 OPM %8.870.63 - PBDT0.40-0.03 LP PBT0.37-0.05 LP NP0.37-0.05 LP

Powered by Capital Market - Live News

Nikkei closes flat
Nov 17,2016

The Japan share market closed steady after recovering from an early fall on Thursday, 17 November 2016, as a rally fuelled by a weaker yen lost steam. Stocks met with selling to lock in profits at the beginning of Thursdays trading after the 30-issue Dow Jones industrial average snapped its seven session winning streak on Wednesday. In particular, financial issues and export-oriented names took a beating, as investors grew wary after the two sectors led the recent market surge. But the Nikkei average turned higher in midmorning trading, as the dollar retook 109 yen after the Bank of Japan offered to buy Japanese government bonds at designated yields for the first time since it introduced the fixed-rate JGB buying operation in September. In the afternoon, the key market gauge fluctuated around the previous days closing level, with its downside supported by the dollars stable moves around 109 yen. The benchmark Nikkei 225 index gained 0.42 point to 17,862.63, the best level since early February, while the broader Topix index of all first-section issues was up 0.1%, or 1.43 points, at 1,423.08.

Powered by Capital Market - Live News