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

Setco Automotive standalone net profit declines 79.97% in the September 2016 quarter
Nov 15,2016

Net profit of Setco Automotive declined 79.97% to Rs 1.20 crore in the quarter ended September 2016 as against Rs 5.99 crore during the previous quarter ended September 2015. Sales declined 6.92% to Rs 102.69 crore in the quarter ended September 2016 as against Rs 110.32 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales102.69110.32 -7 OPM %10.7510.85 - PBDT5.4210.13 -46 PBT1.296.60 -80 NP1.205.99 -80

Powered by Capital Market - Live News

Assam Company India standalone net profit declines 57.45% in the September 2016 quarter
Nov 15,2016

Net profit of Assam Company India declined 57.45% to Rs 15.39 crore in the quarter ended September 2016 as against Rs 36.17 crore during the previous quarter ended September 2015. Sales declined 14.77% to Rs 84.12 crore in the quarter ended September 2016 as against Rs 98.70 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales84.1298.70 -15 OPM %29.4350.48 - PBDT17.7238.18 -54 PBT15.3936.17 -57 NP15.3936.17 -57

Powered by Capital Market - Live News

New Delhi Television reports consolidated net loss of Rs 17.22 crore in the September 2016 quarter
Nov 15,2016

Net Loss of New Delhi Television reported to Rs 17.22 crore in the quarter ended September 2016 as against net loss of Rs 17.19 crore during the previous quarter ended September 2015. Sales declined 4.88% to Rs 121.14 crore in the quarter ended September 2016 as against Rs 127.35 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales121.14127.35 -5 OPM %-5.17-10.04 - PBDT-10.28-16.15 36 PBT-15.55-24.53 37 NP-17.22-17.19 0

Powered by Capital Market - Live News

TechNVision Ventures consolidated net profit declines 27.12% in the September 2016 quarter
Nov 15,2016

Net profit of TechNVision Ventures declined 27.12% to Rs 0.43 crore in the quarter ended September 2016 as against Rs 0.59 crore during the previous quarter ended September 2015. Sales rose 18.83% to Rs 10.60 crore in the quarter ended September 2016 as against Rs 8.92 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales10.608.92 19 OPM %5.9413.34 - PBDT0.701.18 -41 PBT0.651.14 -43 NP0.430.59 -27

Powered by Capital Market - Live News

Tata Motors reports consolidated net profit of Rs 848.16 crore in the September 2016 quarter
Nov 15,2016

Net profit of Tata Motors reported to Rs 848.16 crore in the quarter ended September 2016 as against net loss of Rs 1740.20 crore during the previous quarter ended September 2015. Sales rose 6.74% to Rs 65140.75 crore in the quarter ended September 2016 as against Rs 61026.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales65140.7561026.41 7 OPM %9.6410.68 - PBDT5437.105552.89 -2 PBT983.121191.10 -17 NP848.16-1740.20 LP

Powered by Capital Market - Live News

KG Petrochem standalone net profit declines 50.00% in the September 2016 quarter
Nov 15,2016

Net profit of KG Petrochem declined 50.00% to Rs 1.59 crore in the quarter ended September 2016 as against Rs 3.18 crore during the previous quarter ended September 2015. Sales rose 3.19% to Rs 39.49 crore in the quarter ended September 2016 as against Rs 38.27 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales39.4938.27 3 OPM %16.8711.31 - PBDT6.723.46 94 PBT3.480.07 4871 NP1.593.18 -50

Powered by Capital Market - Live News

Explicit Finance reports standalone net profit of Rs 0.14 crore in the September 2016 quarter
Nov 15,2016

Net profit of Explicit Finance remain constant at Rs 0.14 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015. Sales declined 13.84% to Rs 1.37 crore in the quarter ended September 2016 as against Rs 1.59 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.371.59 -14 OPM %10.228.81 - PBDT0.140.14 0 PBT0.140.14 0 NP0.140.14 0

Powered by Capital Market - Live News

ANG Industries reports standalone net loss of Rs 28.29 crore in the September 2016 quarter
Nov 15,2016

Net loss of ANG Industries reported to Rs 28.29 crore in the quarter ended September 2016 as against net profit of Rs 1.86 crore during the previous quarter ended September 2015. Sales declined 59.30% to Rs 21.17 crore in the quarter ended September 2016 as against Rs 52.01 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales21.1752.01 -59 OPM %-112.8516.80 - PBDT-26.463.96 PL PBT-28.291.86 PL NP-28.291.86 PL

Powered by Capital Market - Live News

Petron Engineering Construction reports standalone net loss of Rs 3.04 crore in the September 2016 quarter
Nov 15,2016

Net loss of Petron Engineering Construction reported to Rs 3.04 crore in the quarter ended September 2016 as against net profit of Rs 1.02 crore during the previous quarter ended September 2015. Sales declined 23.26% to Rs 86.97 crore in the quarter ended September 2016 as against Rs 113.33 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales86.97113.33 -23 OPM %3.237.87 - PBDT-2.793.25 PL PBT-4.541.47 PL NP-3.041.02 PL

Powered by Capital Market - Live News

MIRC Electronics reports standalone net loss of Rs 9.09 crore in the September 2016 quarter
Nov 15,2016

Net Loss of MIRC Electronics reported to Rs 9.09 crore in the quarter ended September 2016 as against net loss of Rs 16.61 crore during the previous quarter ended September 2015. Sales rose 1.48% to Rs 147.05 crore in the quarter ended September 2016 as against Rs 144.91 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales147.05144.91 1 OPM %6.34-6.71 - PBDT3.08-16.54 LP PBT0.54-19.45 LP NP-9.09-16.61 45

Powered by Capital Market - Live News

Super Forgings & Steels reports standalone net loss of Rs 1.42 crore in the September 2016 quarter
Nov 15,2016

Net Loss of Super Forgings & Steels reported to Rs 1.42 crore in the quarter ended September 2016 as against net loss of Rs 0.68 crore during the previous quarter ended September 2015. Sales declined 27.74% to Rs 11.98 crore in the quarter ended September 2016 as against Rs 16.58 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.9816.58 -28 OPM %-17.86-8.26 - PBDT-2.35-1.60 -47 PBT-2.53-1.78 -42 NP-1.42-0.68 -109

Powered by Capital Market - Live News

TechNVision Ventures standalone net profit declines 50.00% in the September 2016 quarter
Nov 15,2016

Net profit of TechNVision Ventures declined 50.00% to Rs 0.01 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015. Sales declined 17.58% to Rs 1.36 crore in the quarter ended September 2016 as against Rs 1.65 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.361.65 -18 OPM %3.683.64 - PBDT0.060.06 0 PBT0.020.03 -33 NP0.010.02 -50

Powered by Capital Market - Live News

Balasore Alloys standalone net profit rises 42.54% in the September 2016 quarter
Nov 15,2016

Net profit of Balasore Alloys rose 42.54% to Rs 12.23 crore in the quarter ended September 2016 as against Rs 8.58 crore during the previous quarter ended September 2015. Sales rose 3.58% to Rs 234.28 crore in the quarter ended September 2016 as against Rs 226.18 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales234.28226.18 4 OPM %14.2211.87 - PBDT25.2718.11 40 PBT19.6012.19 61 NP12.238.58 43

Powered by Capital Market - Live News

Shailja Commercial Trade Frenzy reports standalone net profit of Rs 0.13 crore in the September 2016 quarter
Nov 15,2016

Net profit of Shailja Commercial Trade Frenzy reported to Rs 0.13 crore in the quarter ended September 2016 as against net loss of Rs 0.10 crore during the previous quarter ended September 2015. Sales declined 91.67% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.24 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.020.24 -92 OPM %650.00-41.67 - PBDT0.13-0.10 LP PBT0.13-0.10 LP NP0.13-0.10 LP

Powered by Capital Market - Live News

Shri Niwas Leasing & Finance standalone net profit declines 22.22% in the September 2016 quarter
Nov 15,2016

Net profit of Shri Niwas Leasing & Finance declined 22.22% to Rs 0.07 crore in the quarter ended September 2016 as against Rs 0.09 crore during the previous quarter ended September 2015. Sales remain constant at Rs 0.11 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.110.11 0 OPM %63.6481.82 - PBDT0.070.09 -22 PBT0.070.09 -22 NP0.070.09 -22

Powered by Capital Market - Live News