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

Allied Digital Services reports standalone net profit of Rs 2.61 crore in the September 2016 quarter
Dec 15,2016

Net profit of Allied Digital Services reported to Rs 2.61 crore in the quarter ended September 2016 as against net loss of Rs 1.53 crore during the previous quarter ended September 2015. Sales declined 25.76% to Rs 21.76 crore in the quarter ended September 2016 as against Rs 29.31 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales21.7629.31 -26 OPM %35.2532.07 - PBDT5.157.34 -30 PBT2.913.68 -21 NP2.61-1.53 LP

Powered by Capital Market - Live News

Jyoti Structures reports standalone net loss of Rs 271.95 crore in the September 2016 quarter
Dec 15,2016

Net Loss of Jyoti Structures reported to Rs 271.95 crore in the quarter ended September 2016 as against net loss of Rs 157.15 crore during the previous quarter ended September 2015. Sales declined 31.37% to Rs 270.44 crore in the quarter ended September 2016 as against Rs 394.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales270.44394.06 -31 OPM %-28.83-6.61 - PBDT-264.86-149.22 -77 PBT-271.95-157.15 -73 NP-271.95-157.15 -73

Powered by Capital Market - Live News

Allied Digital Services consolidated net profit rises 1033.33% in the September 2016 quarter
Dec 15,2016

Net profit of Allied Digital Services rose 1033.33% to Rs 3.74 crore in the quarter ended September 2016 as against Rs 0.33 crore during the previous quarter ended September 2015. Sales declined 11.13% to Rs 55.03 crore in the quarter ended September 2016 as against Rs 61.92 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales55.0361.92 -11 OPM %22.6821.80 - PBDT9.7311.03 -12 PBT6.025.92 2 NP3.740.33 1033

Powered by Capital Market - Live News

U.S. stocks ended a volatile session lower
Dec 15,2016

U.S. stocks ended a volatile session lower on Wednesday, 15 December 2016 as investors grappled with the prospect of a faster pace of rate increases in 2017 than had been previously forecast. All three major indexes briefly traded higher after the announcement, but they turned lower as Yellen began her news conference.

The Dow Jones Industrial Average fell 118.5 points, or 0.6%, to 19,792.66. The S&P 500 index lost 18.44 points, or 0.8%, to trade at 2,253.28. The Nasdaq Composite Index lost 27.16 points, or 0.5%, to 5,436.67.

All 11 of the S&P 500s primary sectors ended lower, but so-called defensive names were among the weakest of the day. The utilities, real estate, and consumer-staples sectors all fell more than 1%. Energy stocks also dropped, tracking a decline in the price of crude oil. Financial stocks slumped erasing an initial move higher. Banks tend to be sensitive to rate increases due to the impact it has on their business models.

The Federal Reserve raised its key short-term rate on Wednesday, as had been universally expected, but it also forecast three rate increases in 2017, compared with the two that had been anticipated at its previous meeting in September. While the revised outlook could be taken as a positive signn++the Fed has said it would only raise rates when it deems the economy strong enough to withstand such a moven++it added an element of uncertainty to the market. In raising rates, the Fed moved its key short-term rate to a range of 0.5%-0.75% from 0.25% to 0.5%. The Fed decision marks the central banks first increase in rates since last December, which itself was the first in about a decade.

During her press conference, Fed Chair Janet Yellen was asked if fiscal policies that fail to boost productivity could prompt the Fed to be more aggressive when it comes to hiking rates, but Ms. Yellens response only acknowledged the presence of considerable uncertainty on the fiscal front.

Treasuries retreated in reaction to the rate increase while the U.S. Dollar Index jumped 1% to mark a fresh high for the year.

In the latest round of economic data, retail sales rose 0.1% in November, a slower pace of growth than had been expected. Elsewhere, the producer-price index jumped 0.4% in November, largely because of higher wholesale margins in the extremely volatile retail category.

Ahead of oils settlement on Wednesday, the U.S. Federal Reserve announced the first interest-rate increase in a year, which caused the dollar to strengthen, putting further pressure on dollar-denominated prices of crude.

Bullion prices ended higher at Comex on Wednesday, 15 December 2016 at Comex. Gold futures settled higher on Wednesday, then retreated in electronic trading as the dollar strengthened on the heels of the U.S. Federal Reserves decision to raise interest rates for the first time in 12 months.

Gold for February delivery was at $1,156.20 an ounce in electronic trading shortly after the Fed announcement, down from Wednesdays settlement of $1,163.70. Wednesdays finish marked a rebound of $4.70, or 0.4% from Tuesdays settlement, at a roughly 10-month low. March silver rose 24.4 cents, or 1.4%, to $17.221 an ounce.

Crude oil futures settled lower on Wednesday, 15 December 2016 for the first time in five sessions, pressured as a monthly report from OPEC showed that member output rose in November, fueling doubts over a recent agreement to curb production. The Organization of the Petroleum Exporting Countries also said it would need help from non-cartel producers to reduce a supply glut in the market.

January West Texas Intermediate crude fell $1.94 cents, or 3.7%, to settle at $51.04 a barrel on the New York Mercantile Exchange. February Brent crude shed $1.82, or 3.3%, to $53.90 a barrel on the ICE Futures exchange in London. Both crude grades settled Tuesday at their highest levels since July 2015.

Treasury yields shot higher after the announcement, with the yield on the U.S. two-year Treasury touching its highest level since August 2009.

Among stocks under focus, Johnson & Johnson said late Tuesday that it has dropped talks to buy Swiss drug company Actelion Pharmaceuticals because the deal price had gotten too high. French drug giant Sanofi SA is now in talks for a deal with Actelion. Shares of J&J fell 0.8%.

Investor participation was ahead of average with more than 1.2 billion shares changing hands at the NYSE floor.

Tomorrow will also be pretty busy on the economic front with weekly initial claims (consensus 256K), November CPI (consensus 0.2%), December Philadelphia Fed (consensus 9.0), December Empire Manufacturing (consensus 3.0), and Q3 Current Account Balance (consensus -$111.60 billion) all set to be released at 8:30 ET. The December NAHB Housing Market Index (consensus 63) will be reported at 10:00 ET.

Powered by Capital Market - Live News

IVRCL declines after poor Q2 numbers
Dec 15,2016

The result was announced after market hours yesterday, 14 December 2016.

Meanwhile, the S&P BSE Sensex was down 29.14 points or 0.11% at 26,573.70.

On the BSE, 1.30 lakh shares were traded on the counter so far as against the average daily volumes of 4.49 lakh shares in the past two weeks. The stock had hit a high of Rs 4.80 and a low of Rs 4.61 so far during the day.

The companys total income from operations declined 21.77% to Rs 501.45 crore in Q2 September 2016 over Q2 September 2015.

IVRCL is a leading engineering, procurement and construction (EPC) and infrastructure company. Its core areas of work include value chain across sectors such as water & environment, irrigation, transportation and power distribution & transmission.

Powered by Capital Market - Live News

Manpasand Beverages ropes in brand ambassador for Fruit Up brand
Dec 15,2016

Manpasand Beverages has roped in Taapsee Pannu as brand ambassador for its Fruit Up brand which is targeted at the urban consumer market.

Powered by Capital Market - Live News

Precious metals shine ahead of Fed meeting
Dec 15,2016

Bullion prices ended higher at Comex on Wednesday, 15 December 2016 at Comex. Gold futures settled higher on Wednesday, then retreated in electronic trading as the dollar strengthened on the heels of the U.S. Federal Reserves decision to raise interest rates for the first time in 12 months.

Gold for February delivery was at $1,156.20 an ounce in electronic trading shortly after the Fed announcement, down from Wednesdays settlement of $1,163.70. Wednesdays finish marked a rebound of $4.70, or 0.4% from Tuesdays settlement, at a roughly 10-month low. March silver rose 24.4 cents, or 1.4%, to $17.221 an ounce.

The Federal Reserve raised its key short-term rate on Wednesday, as had been universally expected, but it also forecast three rate increases in 2017, compared with the two that had been anticipated at its previous meeting in September. While the revised outlook could be taken as a positive signn++the Fed has said it would only raise rates when it deems the economy strong enough to withstand such a moven++it added an element of uncertainty to the market. In raising rates, the Fed moved its key short-term rate to a range of 0.5%-0.75% from 0.25% to 0.5%. The Fed decision marks the central banks first increase in rates since last December, which itself was the first in about a decade.

A rise in interest rates tends to strengthen the dollar, the currency used in oil trading. This makes make oil more expensive for those who trade oil in foreign currencies.

In the latest round of economic data, retail sales rose 0.1% in November, a slower pace of growth than had been expected. Elsewhere, the producer-price index jumped 0.4% in November, largely because of higher wholesale margins in the extremely volatile retail category.

Powered by Capital Market - Live News

Unitech slips after reporting disappointing Q2 results
Dec 15,2016

The result was announced after market hours yesterday, 14 December 2016.

Meanwhile, the BSE Sensex was down 69.91 points, or 0.26%, to 26,530.78.

On the BSE, 20.41 lakh shares were traded in the counter so far, compared with an average volume of 38.07 crore shares in the past one quarter. The stock had hit a high of Rs 4.74 and a low of Rs 4.57 so far during the day. The stock had hit a 52-week low of Rs 3.43 on 11 February 2016. The stock had hit a 52-week high of Rs 9.05 on 18 July 2016.

The stock had underperformed the market over the past one month till 14 December 2016, falling 9.21% compared with the Sensexs 0.81% fall. The scrip had also underperformed the market in past one quarter, declining 22.33% as against the Sensexs 6.24% fall.

The small-cap company has an equity capital of Rs 523.26 crore. Face value per share is Rs 2.

Unitechs total income dropped 42.27% to Rs 385.94 crore in Q2 September 2016 over Q2 September 2015.

Unitech is one of Indias leading real estate player. It has a diversified product mix in real estate comprising of commercial complexes, IT/ITes parks, special economic zones (SEZs), integrated residential developments, schools, hotels, malls, golf courses and amusement parks.

Powered by Capital Market - Live News

Rupee gains
Dec 15,2016

Rupee closed higher at 67.47 per dollar on Wednesday (14th December 2016), versus its previous close of 67.54 per dollar.

Powered by Capital Market - Live News

e-Tourist visa issuance jumps 63.9% in November 2016
Dec 15,2016

A total of 1,36,876 foreign tourists arrived in November 2016 on e-Tourist Visa as compared to 83,501 during the month of November 2015 registering a growth of 63.9%. UK (22.3%) continues to occupy top slot followed by USA (12.9%) and Russian Fed (8.7%) amongst countries availing e-tourist visa facility During November 2016.

The facility of e-Tourist Visa has been made available by the Government of India to the citizens of 155 countries, arriving at 16 International Airports in India. The number of e-Tourist Visa availed by foreign tourists visiting India during the month of November, 2016 has registered a substantial growth rate over the corresponding month of 2015.

During January- November 2016, a total of 9,17,446 tourist arrived on e-Tourist Visa as compared to 3,41,683 during January-November 2015, registering a growth of 168.5%. This high growth may be attributed to introduction of e-Tourist Visa for 155 countries as against the earlier coverage of 113 countries.

The percentage shares of top 10 source countries availing e-Tourist Visa facilities during November, 2016 were as follows: UK (22.3%), USA (12.9%), Russian Fed (8.7%), France (6.3%), China (6.1%), Germany (4.6%), Australia (4.1%), Canada (3.6%), Netherlands (1.8%) and Ukraine (1.8%).

The percentage shares of top 10 ports in tourist arrivals on e-Tourist Visa during November, 2016 were as follows: New Delhi Airport (44.99%), Mumbai Airport (18.53%), Dabolim (Goa) Airport (14.19%), Chennai Airport (5.26%), Bengaluru Airport (5.23%), Kochi Airport (2.99%), Kolkata Airport (2.32%), Hyderabad Airport (1.94%), Trivandrum Airport (1.32%) and Amritsar Airport (1.11%).

Powered by Capital Market - Live News

Board of Compuage Infocom recommends sub-division of shares and private placement of NCDs
Dec 15,2016

Compuage Infocom announced that the Board of Directors of the Company at its meeting held on 15 December 2016 transacted the following -

Considered and recommended issue of unsecured, listed, rated, redeemable, Non-Convertible Debentures of Rs 50 crore on private placement basis.

Considered and recommended sub-division of equity shares of Rs 10 each of the Company into 5 equity shares of Rs 2 each.

Powered by Capital Market - Live News

Ramco Systems to provide upgrade of Ramco Aviation suite for GoAir
Dec 15,2016

Ramco Systems announced that it has been mandated by GoAir, to upgrade its Ramco Aviation Suite V5.5 to Ramco Aviation M&E/MRO Solution V5.8. This upgrade will further automate and enhance its maintenance functions.

The upgrade will cover modules for Engineering & Continuing Airworthiness Management Organisation (CAMO), Materials Management, Quality and Maintenance. The announcement was made at theIndia MRO Aerospace & Defence 2016 event being held at New Delhi.

GoAir has been functioning on Ramco Aviation offering since 2013, when the company went live on the application in a record time of 200 days, across 21 base stations, for its 15 fleet. The upgrade will additionallyhelp in simplifying and streamlining GoAirs Purchase Operations, Inventory Operations, Aircraft Maintenance Execution and Technical Records keeping. The applications mobility feature will enable access to operations for mechanics and maintenance staff on the move.

Powered by Capital Market - Live News

Hitachi Sunway and Tata Communications form partnership
Dec 15,2016

Hitachi Sunway Information Systems Sdn. Bhd. announced its partnership with Tata Communication. With this partnership, Hitachi Sunway will now be able to provide its more than 1000 enterprise customers in ASEAN access to Tata Communications robust portfolio of Managed Network Services, Managed Security Services and UnifiedCommunications & Collaboration (UCC) offerings.

Powered by Capital Market - Live News

Tata Comm gains after announcing pact with Hitachi Sunway
Dec 15,2016

The announcement was made during market hours today, 15 December 2016.

Meanwhile, the S&P BSE Senses was down 42.51 points or 0.16% at 26,560.33.

On the BSE, 47,000 shares were traded on the counter as against the average daily volumes of 41,000 shares in the past two weeks. The stock had hit a high of Rs 632.20 and a low of Rs 618 so far during the day.

Hitachi Sunway Information Systems Sdn. Bhd (Hitachi Sunway), a leading one-stop IT services and solutions provider in ASEAN, announced a partnership with Tata Communications. With this partnership, Hitachi Sunway will now be able to provide its more than 1,000 enterprise customers in ASEAN access to Tata Communications robust portfolio of managed network services, managed security services and unified communications & collaboration (UCC) offerings.

Sumeet Walia, Head, Global Enterprise Business, Tata Communications said that in the past year, Tata Communications has continued to invest in a broad range of service expansions, introducing new advanced managed services built on its strong network presence in the emerging and developed markets. The companys strategic partnerships are a key component of this strategy as it delivers dedicated platforms that enable business transformation for enterprises across the globe. Hitachi Sunways regional presence and credibility were the reason the company picked them as its partner here in ASEAN. Tata Communications is pleased to be working with them to expand its footprint in the region, Walia said.

Tata Communications owns and operates the worlds largest and most advanced subsea fibre cable network. Today over 24% of the worlds Internet routes travel over Tata Communications network, and the company is the only Tier-1 provider that is in the top five by routes in five continents.

Powered by Capital Market - Live News

Yes Bank edges higher after partnering with FT42 Labs for cyber security solution
Dec 15,2016

The announcement was made during market hours today, 15 December 2016.

Meanwhile, the BSE Sensex was down 30.58 points, or 0.04%, to 26,592.34.

On the BSE, 49,809 shares were traded in the counter so far, compared with average daily volume of 2.85 lakh shares in the past one quarter. The stock had hit a high of Rs 1,204.50 and a low of Rs 1,180 so far during the day.

Yes Bank said that the partnership is for developing next generation Fintech and cyber security solutions. One of the first innovations, the PI-CONTROL platform that the bank has jointly developed with FortyTwo42 Labs will be rolled out in the next few weeks. The solution has the capability to provide real time cryptographic digital transaction signing at massive scale.

FortyTwo42 Labs has a set up in Vizag and Pune in India and Tel Aviv in Israel.

Yes Bank reported 31.3% rise in net profit to Rs 801.54 crore on 24.7% rise in total income to Rs 4982.23 crore in Q2 September 2016 over Q2 September 2015.

Yes Bank is one of the leading private sector banks in India.

Powered by Capital Market - Live News