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

Tijaria Polypipes reports standalone net loss of Rs 8.47 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Tijaria Polypipes reported to Rs 8.47 crore in the quarter ended September 2016 as against net loss of Rs 0.61 crore during the previous quarter ended September 2015. Sales declined 50.33% to Rs 13.35 crore in the quarter ended September 2016 as against Rs 26.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales13.3526.88 -50 OPM %-16.9317.22 - PBDT-4.282.35 PL PBT-6.72-0.61 -1002 NP-8.47-0.61 -1289

Powered by Capital Market - Live News

Prabhat Dairy standalone net profit declines 7.18% in the September 2016 quarter
Nov 15,2016

Net profit of Prabhat Dairy declined 7.18% to Rs 7.24 crore in the quarter ended September 2016 as against Rs 7.80 crore during the previous quarter ended September 2015. Sales rose 6.63% to Rs 261.68 crore in the quarter ended September 2016 as against Rs 245.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales261.68245.40 7 OPM %4.206.10 - PBDT11.4413.21 -13 PBT7.269.34 -22 NP7.247.80 -7

Powered by Capital Market - Live News

Consolidated Construction Consortium reports standalone net loss of Rs 34.57 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Consolidated Construction Consortium reported to Rs 34.57 crore in the quarter ended September 2016 as against net loss of Rs 33.08 crore during the previous quarter ended September 2015. Sales rose 44.07% to Rs 126.77 crore in the quarter ended September 2016 as against Rs 87.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales126.7787.99 44 OPM %1.89-6.64 - PBDT-32.29-30.21 -7 PBT-34.57-33.08 -5 NP-34.57-33.08 -5

Powered by Capital Market - Live News

SAB Industries reports standalone net loss of Rs 0.69 crore in the September 2016 quarter
Nov 15,2016

Net Loss of SAB Industries reported to Rs 0.69 crore in the quarter ended September 2016 as against net loss of Rs 1.27 crore during the previous quarter ended September 2015. Sales declined 44.51% to Rs 2.83 crore in the quarter ended September 2016 as against Rs 5.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.835.10 -45 OPM %-20.14-18.63 - PBDT-0.64-1.13 43 PBT-0.70-1.23 43 NP-0.69-1.27 46

Powered by Capital Market - Live News

New Delhi Television reports standalone net loss of Rs 15.74 crore in the September 2016 quarter
Nov 15,2016

Net Loss of New Delhi Television reported to Rs 15.74 crore in the quarter ended September 2016 as against net loss of Rs 7.11 crore during the previous quarter ended September 2015. Sales declined 6.17% to Rs 91.38 crore in the quarter ended September 2016 as against Rs 97.39 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales91.3897.39 -6 OPM %-8.800.76 - PBDT-11.32-2.27 -399 PBT-15.58-6.97 -124 NP-15.74-7.11 -121

Powered by Capital Market - Live News

Unitech International standalone net profit declines 84.91% in the September 2016 quarter
Nov 15,2016

Net profit of Unitech International declined 84.91% to Rs 0.08 crore in the quarter ended September 2016 as against Rs 0.53 crore during the previous quarter ended September 2015. Sales rose 39.10% to Rs 38.74 crore in the quarter ended September 2016 as against Rs 27.85 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales38.7427.85 39 OPM %1.783.66 - PBDT0.310.97 -68 PBT0.080.53 -85 NP0.080.53 -85

Powered by Capital Market - Live News

Jindal Worldwide standalone net profit rises 74.51% in the September 2016 quarter
Nov 15,2016

Net profit of Jindal Worldwide rose 74.51% to Rs 16.16 crore in the quarter ended September 2016 as against Rs 9.26 crore during the previous quarter ended September 2015. Sales rose 29.46% to Rs 280.16 crore in the quarter ended September 2016 as against Rs 216.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales280.16216.40 29 OPM %13.6914.36 - PBDT30.5123.43 30 PBT19.5911.60 69 NP16.169.26 75

Powered by Capital Market - Live News

Mahavir Impex reports standalone net loss of Rs 0.03 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Mahavir Impex reported to Rs 0.03 crore in the quarter ended September 2016 as against net loss of Rs 0.03 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

Vijay Solvex standalone net profit rises 155.41% in the September 2016 quarter
Nov 15,2016

Net profit of Vijay Solvex rose 155.41% to Rs 1.89 crore in the quarter ended September 2016 as against Rs 0.74 crore during the previous quarter ended September 2015. Sales rose 1.75% to Rs 145.34 crore in the quarter ended September 2016 as against Rs 142.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales145.34142.84 2 OPM %2.142.46 - PBDT3.201.37 134 PBT2.850.98 191 NP1.890.74 155

Powered by Capital Market - Live News

MFS Intercorp reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 15,2016

Net Loss of MFS Intercorp reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.01 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

Vimal Oil and Foods reports standalone net loss of Rs 3.25 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Vimal Oil and Foods reported to Rs 3.25 crore in the quarter ended September 2016 as against net loss of Rs 70.52 crore during the previous quarter ended September 2015. Sales declined 34.37% to Rs 280.01 crore in the quarter ended September 2016 as against Rs 426.65 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales280.01426.65 -34 OPM %1.15-12.86 - PBDT-1.48-68.68 98 PBT-3.25-70.52 95 NP-3.25-70.52 95

Powered by Capital Market - Live News

Ambitious Plastomac Company reports standalone nil net profit/loss in the September 2016 quarter
Nov 15,2016

Ambitious Plastomac Company reported no net profit/loss in the quarter ended September 2016 as against net loss of Rs 0.01 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

Donear Industries standalone net profit rises 24.76% in the September 2016 quarter
Nov 15,2016

Net profit of Donear Industries rose 24.76% to Rs 2.62 crore in the quarter ended September 2016 as against Rs 2.10 crore during the previous quarter ended September 2015. Sales rose 1.26% to Rs 127.47 crore in the quarter ended September 2016 as against Rs 125.88 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales127.47125.88 1 OPM %8.9410.94 - PBDT7.047.95 -11 PBT3.523.01 17 NP2.622.10 25

Powered by Capital Market - Live News

Kirloskar Electric Company reports standalone net loss of Rs 12.50 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Kirloskar Electric Company reported to Rs 12.50 crore in the quarter ended September 2016 as against net loss of Rs 17.54 crore during the previous quarter ended September 2015. Sales declined 0.80% to Rs 127.20 crore in the quarter ended September 2016 as against Rs 128.22 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales127.20128.22 -1 OPM %-1.04-3.59 - PBDT-9.70-14.90 35 PBT-12.50-17.54 29 NP-12.50-17.54 29

Powered by Capital Market - Live News

Prabhat Dairy consolidated net profit rises 46.80% in the September 2016 quarter
Nov 15,2016

Net profit of Prabhat Dairy rose 46.80% to Rs 8.94 crore in the quarter ended September 2016 as against Rs 6.09 crore during the previous quarter ended September 2015. Sales rose 12.38% to Rs 324.43 crore in the quarter ended September 2016 as against Rs 288.70 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales324.43288.70 12 OPM %8.5012.23 - PBDT21.3320.36 5 PBT10.397.99 30 NP8.946.09 47

Powered by Capital Market - Live News