My Application Form Status

Check the status of your application form with 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

Bombay Dyeing gains after entering into an agreement for sale of property, machinery
Jan 02,2017

The announcement was made on Sunday, 1 January 2017.

Meanwhile, the S&P BSE Sensex was down 156.91 points or 0.59% at 26,469.55

On the BSE, 1.46 lakh shares were traded on the counter so far as against the average daily volumes of 5.85 lakh shares in the past one quarter. The stock had hit a high of Rs 49.90 and a low of Rs 48.60 so far during the day.

The stock had hit a 52-week high of Rs 67.20 on 6 January 2016 and a 52-week low of Rs 39.05 on 17 February 2016. The stock had outperformed the market over the past one month till 30 December 2016, advancing 2.16% compared with the Sensexs 0.1% fall. The scrip had, however, underperformed the market over the past one quarter declining 6.9% as against the Sensexs 4.45% fall.

The small-cap company has equity capital of Rs 41.31 crore. Face value per share is Rs 2.

Bombay Dyeing & Manufacturing Company said that pursuant to the approval of the committee of the board, the company has entered into an agreement for sale of MIDC land & building and some specific utility machineries of Ranjangaon unit, Maharashtra, at an aggregate value of Rs 174.45 crore on 31 December 2016. The sales also includes a company owned flat at Beach Towers, Prabhadevi, Mumbai for Rs 9.4 crore on 31 December 2016.

Bombay Dyeing & Manufacturing Company reported net loss of Rs 71.21 crore in Q2 September 2016, higher than net loss of Rs 65.64 crore in Q2 September 2015. Net sales declined 1.6% to Rs 421.58 crore in Q2 September 2016 over Q2 September 2015.

Bombay Dyeing & Manufacturing Company is engaged in textile, polyester and real estate business segments.

Powered by Capital Market - Live News

Ortel Communications add another digital payment option
Jan 02,2017

Ortel Communications has launched a new digital bill payment option using Paytm, bringing an easy way of paying bills for its customers. Apart from debit cards, credit cards and net banking, customers of Ortel Communications can now pay their bills through mobile wallet, Paytm, without using cash.

Powered by Capital Market - Live News

Force Motors resumes production activity at some plants
Jan 02,2017

Force Motors announced that the Company has resumed its production activity as usual in some of the plants with effect from 02 January 2017 where is was observing No production days.

Powered by Capital Market - Live News

Bank of India appoints CFO
Jan 02,2017

Bank of India has appointed Shanker Iyer, General Manager as Chief Financial Officer of the Bank w.e.f. 01 January 2017.

Powered by Capital Market - Live News

Orient Paper & Industries to announce December quarter results
Jan 02,2017

Orient Paper & Industries announced that a meeting of the Board of Directors of the Company will be held on 20 January 2017, inter alia, to consider the Unaudited Quarterly Financial Results of the Company for the quarter ended 31 December 2016 subject to n++Limited Reviewn++ by the Auditors of the Company.

Powered by Capital Market - Live News

IL&FS Engg spurts on new order
Jan 02,2017

The announcement was made after market hours on Friday, 30 December 2016.

Meanwhile, the S&P BSE Sensex was down 162.96 points or 0.61% at 26,463.50.

On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 24,308 shares in the past one quarter. The stock had hit a high of Rs 45.75 and a low of Rs 44.10 so far during the day.

The stock had hit a 52-week high of Rs 69.05 on 4 January 2016 and a 52-week low of Rs 36.80 on 22 November 2016. It had underperformed the market over the past one month till 30 December 2016, sliding 1.39% compared with the Sensexs 0.1% fall. The scrip had also underperformed the market over the past one quarter declining 20.39% as against the Sensexs 4.45% fall.

The small-cap company has equity capital of Rs 121.16 crore. Face value per share is Rs 10.

IL&FS Engineering and Construction Company announced that it has received a letter of acceptance (LoA) for a road contract worth Rs 242.56 crore from Ministry of Road Transport & Highways (MoRTH) through CE (NH) PWD, Government of Karnataka.

The engineering, procurement & construction (EPC) project is expected to be completed in 24 months. The company is currently executing a metro rail contract in Karnataka for Bangalore Metro Rail Corporation for a value of Rs 326.99 crore.

IL&FS Engineering and Construction Company reported net loss of Rs 80.67 crore in Q2 September 2016, slightly lower than net loss of Rs 81.87 crore in Q2 September 2015. Net sales rose 1.4% to Rs 356.87 crore in Q2 September 2016 over Q2 September 2015.

IL&FS Engineering and Construction Company is into infrastructure development, construction and project management.

Powered by Capital Market - Live News

Ujaas Energy energizes after receiving letter of intent for solar power plant
Jan 02,2017

The announcement was made on Saturday, 31 December 2016.

Meanwhile, the S&P BSE Sensex was down 107.97 points or 0.41% at 26,514.55.

On the BSE, 91,867 shares were traded in the counter so far as against average daily volume of 6.56 lakh shares in the past one quarter. The stock had hit a high of Rs 46.70 and a low of Rs 45.50 so far during the day. The stock had hit a record high of Rs 52.25 on 16 December 2016. The stock had hit a 52-week low of Rs 19.40 on 29 September 2016.

The stock had underperformed the market over the past one month till 30 December 2016, sliding 7% compared with 0.1% drop in the Sensex. The scrip had, however, outperformed the market in past one quarter, jumping 98.22% as against Sensexs 4.45% fall.

The small-cap company has equity capital of Rs 20 crore. Face value per share is Re 1.

Ujaas Energy announced that it has received letter of intent from MOIL for design, engineering, procurement & supply, construction, erection, testing & commissioning of solar photovoltaic (PV) plant with tracking system on turnkey basis of 5 megawatts (MW) (AC) capacity in Maharashtra.

Ujaas Energys net profit surged 196% to Rs 9.71 crore on 129.9% rise in net sales to Rs 121.15 crore in Q2 September 2016 over Q2 September 2015.

Ujaas Energy is engaged in the design of various products and solutions for producing clean energy.

Powered by Capital Market - Live News

Board of Timex Group India to consider Q3 and 9M results
Jan 02,2017

Timex Group India announced a meeting of the Board of Directors of the Company is scheduled to be held on 02 February 2017, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ending on 31 December 2016.

Powered by Capital Market - Live News

Indian Railways Measures to Promote Digital Payments
Jan 02,2017

In pursuance of this announcement made by Government of India for promotion of Digital & Cashless Economy, Ministry of Railways has initiated some additional following package of incentives and measures. This shall be made effective from 1st January 2017.

1. Ministry of Railways has decided to instruct Yatri Ticket Suvidha Kendras (YTSKs) to install POS machines and accept payments through all banks debit/credit cards for issuing both reserved and unreserved tickets. They are encouraged to accept payments through other modes also like UPI, USSD, e-wallet, Aadhar enabled payments system.

2. Ministry of Railways has decided to instruct Jan Sadharan Ticket Booking Seva (JTBs) are also instructed to accept payments through other modes like UPI, USSD, e-wallets, Aadhar enabled payments system to issue unreserved tickets.

3. Ministry Of Railways have decided to allow 5% Discount for booking of Retiring Room through digital means like using debit/credit cards.

4. Ministry of Railways have decided that 0.5% discount in the base fare of season tickets (Monthly, quarterly, Half yearly, yearly) over suburban section shall be granted in case the payment is made through digital means through debit card, credit card etc.. Other charges like MUTP surcharge, Mela surcharge, service tax etc., if applicable shall be levied separately on the base fare arrived at after giving the 0.5% concession.

Powered by Capital Market - Live News

Indian Railways takes Measures to Promote Digital Payments
Jan 02,2017

In pursuance of this announcement made by Government of India for promotion of Digital & Cashless Economy, Ministry of Railways has initiated some additional following package of incentives and measures. This shall be made effective from 1st January 2017.

1. Ministry of Railways has decided to instruct Yatri Ticket Suvidha Kendras (YTSKs) to install POS machines and accept payments through all banks debit/credit cards for issuing both reserved and unreserved tickets. They are encouraged to accept payments through other modes also like UPI, USSD, e-wallet, Aadhar enabled payments system.

2. Ministry of Railways has decided to instruct Jan Sadharan Ticket Booking Seva (JTBs) are also instructed to accept payments through other modes like UPI, USSD, e-wallets, Aadhar enabled payments system to issue unreserved tickets.

3. Ministry Of Railways have decided to allow 5% Discount for booking of Retiring Room through digital means like using debit/credit cards.

4. Ministry of Railways have decided that 0.5% discount in the base fare of season tickets (Monthly, quarterly, Half yearly, yearly) over suburban section shall be granted in case the payment is made through digital means through debit card, credit card etc.. Other charges like MUTP surcharge, Mela surcharge, service tax etc., if applicable shall be levied separately on the base fare arrived at after giving the 0.5% concession.

Powered by Capital Market - Live News

Eicher Motors announces sales figures of subsidiary - VE Commercial Vehicles
Jan 02,2017

Eicher Motors announced the sales figures for its unlisted subsidiary, VE Commercial Vehicles for the month of December 2016.

Total sales of trucks stood at 4048 units for the month of December 2016 compared to 5063 units in December 2015.

Powered by Capital Market - Live News

Eicher Motors announces motorcycle sales
Jan 02,2017

Eicher Motors achieved total motorcycle sales of 57398 units in month of December 2016 compared to 40453 units in December 2015, recording a growth of 42%.

Total sales include exports of 1082 units in December 2016, recording a growth of 160% over the corresponding month of previous year.

For the period April - December 2016, total sales increased 36% to 488,262 units compared to corresponding period of previous year.

Powered by Capital Market - Live News

Eicher moves north after strong motorcyle sales
Jan 02,2017

The company announced the monthly sales volume yesterday, 1 January 2017.

Meanwhile, the S&P BSE Sensex was down 89.19 points or 0.33% at 26,537.27.

On the BSE, 2,221 shares were traded on the counter so far as against the average daily volumes of 5,241 shares in the past one quarter. The stock had hit a high of Rs 22,851 and a low of Rs 22,222 so far during the day.

The stock had hit a record high of Rs 26,601.95 on 29 September 2016 and a 52-week low of Rs 14,817.75 on 19 January 2016. It had outperformed the market over the past one month till 30 December 2016, advancing 0.63% compared with the Sensexs 0.1% fall. The scrip had, however, underperformed the market over the past one quarter declining 12.46% as against the Sensexs 4.45% fall.

The large-cap company has equity capital of Rs 27.20 crore. Face value per share is Rs 10.

Eicher Motors exports of motorcycles jumped 160% to 1,082 units in December 2016 over December 2015.

Separately, Eicher Motors announced yesterday, 1 January 2017 that sale volume of VE Commercial Vehicles, an unlisted subsidiary of Eicher Motors fell 20.04% to 4,048 units in December 2016 over December 2015.

On a consolidated basis, net profit of Eicher Motors rose 45.19% to Rs 413.16 crore on 35.14% rise in net sales to Rs 1748.44 crore in Q2 September 2016 over Q2 September 2015.

Eicher Motors (EML) is the flagship company of the Eicher Group. EML is one of the leading players in the Indian automotive space. EML owns the iconic Royal Enfield motorcycle business which leads the premium motorcycle segment in India. EMLs joint venture with the Volvo group, VE Commercial Vehicles, designs, manufactures and markets reliable, fuel-efficient trucks and buses.

Powered by Capital Market - Live News

Bank of Baroda appoints Executive Director
Jan 02,2017

Bank of Baroda announced the appointment of Papia Sengupta as Executive Director on the Board of the Bank with effect from 01 January 2017.

Powered by Capital Market - Live News

Bank of Baroda announces cessation of director
Jan 02,2017

Bank of Baroda announced the cessation of Bhuwanchandra Joshi as Executive Director of the Bank with effect from 01 January 2017 due to his superannuation on 31 December 2016.

Powered by Capital Market - Live News