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

Frontier Informatics reports standalone net loss of Rs 0.06 crore in the September 2016 quarter
Nov 14,2016

Net Loss of Frontier Informatics reported to Rs 0.06 crore in the quarter ended September 2016 as against net loss of Rs 0.11 crore during the previous quarter ended September 2015. Sales reported to Rs 0.01 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.010 0 OPM %-600.000 - PBDT-0.06-0.11 45 PBT-0.06-0.11 45 NP-0.06-0.11 45

Powered by Capital Market - Live News

H. S. India standalone net profit rises 31.58% in the September 2016 quarter
Nov 14,2016

Net profit of H. S. India rose 31.58% to Rs 0.25 crore in the quarter ended September 2016 as against Rs 0.19 crore during the previous quarter ended September 2015. Sales rose 7.11% to Rs 5.42 crore in the quarter ended September 2016 as against Rs 5.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales5.425.06 7 OPM %29.7028.46 - PBDT1.000.75 33 PBT0.350.26 35 NP0.250.19 32

Powered by Capital Market - Live News

Shree Ajit Pulp and Paper standalone net profit declines 56.07% in the September 2016 quarter
Nov 14,2016

Net profit of Shree Ajit Pulp and Paper declined 56.07% to Rs 1.70 crore in the quarter ended September 2016 as against Rs 3.87 crore during the previous quarter ended September 2015. Sales declined 16.67% to Rs 48.09 crore in the quarter ended September 2016 as against Rs 57.71 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales48.0957.71 -17 OPM %9.5413.65 - PBDT3.486.93 -50 PBT2.155.65 -62 NP1.703.87 -56

Powered by Capital Market - Live News

Krishna Capital & Securities standalone net profit rises 520.00% in the September 2016 quarter
Nov 14,2016

Net profit of Krishna Capital & Securities rose 520.00% to Rs 0.31 crore in the quarter ended September 2016 as against Rs 0.05 crore during the previous quarter ended September 2015. Sales declined 46.67% to Rs 0.08 crore in the quarter ended September 2016 as against Rs 0.15 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.080.15 -47 OPM %50.0033.33 - PBDT0.310.05 520 PBT0.310.05 520 NP0.310.05 520

Powered by Capital Market - Live News

Avance Technologies standalone net profit rises 9.09% in the September 2016 quarter
Nov 14,2016

Net profit of Avance Technologies rose 9.09% to Rs 0.12 crore in the quarter ended September 2016 as against Rs 0.11 crore during the previous quarter ended September 2015. Sales declined 18.72% to Rs 24.09 crore in the quarter ended September 2016 as against Rs 29.64 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales24.0929.64 -19 OPM %0.500.37 - PBDT0.120.11 9 PBT0.120.11 9 NP0.120.11 9

Powered by Capital Market - Live News

Spectrum Foods reports standalone net loss of Rs 0.27 crore in the September 2016 quarter
Nov 14,2016

Net Loss of Spectrum Foods reported to Rs 0.27 crore in the quarter ended September 2016 as against net loss of Rs 0.06 crore during the previous quarter ended September 2015. Sales rose 145.90% to Rs 1.50 crore in the quarter ended September 2016 as against Rs 0.61 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.500.61 146 OPM %40.67108.20 - PBDT0.150.32 -53 PBT-0.27-0.06 -350 NP-0.27-0.06 -350

Powered by Capital Market - Live News

Prism Finance reports standalone net profit of Rs 0.28 crore in the September 2016 quarter
Nov 14,2016

Net profit of Prism Finance reported to Rs 0.28 crore in the quarter ended September 2016 as against net loss of Rs 0.02 crore during the previous quarter ended September 2015. Sales rose 2500.00% to Rs 0.52 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.520.02 2500 OPM %78.85-300.00 - PBDT0.47-0.01 LP PBT0.45-0.03 LP NP0.28-0.02 LP

Powered by Capital Market - Live News

Royal India Corporation reports standalone net loss of Rs 0.18 crore in the September 2016 quarter
Nov 14,2016

Net Loss of Royal India Corporation reported to Rs 0.18 crore in the quarter ended September 2016 as against net loss of Rs 0.18 crore during the previous quarter ended September 2015. Sales rose 126.08% to Rs 62.06 crore in the quarter ended September 2016 as against Rs 27.45 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales62.0627.45 126 OPM %-0.31-0.69 - PBDT-0.18-0.18 0 PBT-0.18-0.18 0 NP-0.18-0.18 0

Powered by Capital Market - Live News

B P Capital reports standalone nil net profit/loss in the September 2016 quarter
Nov 14,2016

B P Capital reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. Sales rose 50.00% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.030.02 50 OPM %00 - PBDT00 0 PBT00 0 NP00 0

Powered by Capital Market - Live News

High Street Filatex reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 14,2016

Net loss of High Street Filatex reported to Rs 0.02 crore in the quarter ended September 2016 as against net profit of Rs 0.03 crore during the previous quarter ended September 2015. Sales declined 88.33% to Rs 0.07 crore in the quarter ended September 2016 as against Rs 0.60 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.070.60 -88 OPM %-14.296.67 - PBDT-0.010.04 PL PBT-0.020.03 PL NP-0.020.03 PL

Powered by Capital Market - Live News

Rander Corporation reports standalone net profit of Rs 0.06 crore in the September 2016 quarter
Nov 14,2016

Net profit of Rander Corporation reported to Rs 0.06 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. Sales rose 113.33% to Rs 0.32 crore in the quarter ended September 2016 as against Rs 0.15 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.320.15 113 OPM %34.38-20.00 - PBDT0.09-0.03 LP PBT0.08-0.04 LP NP0.06-0.04 LP

Powered by Capital Market - Live News

Munoth Communication reports standalone net loss of Rs 0.10 crore in the September 2016 quarter
Nov 14,2016

Net Loss of Munoth Communication reported to Rs 0.10 crore in the quarter ended September 2016 as against net loss of Rs 0.21 crore during the previous quarter ended September 2015. Sales rose 900.00% to Rs 0.10 crore in the quarter ended September 2016 as against Rs 0.01 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.100.01 900 OPM %10.00-1000.00 - PBDT-0.03-0.13 77 PBT-0.10-0.21 52 NP-0.10-0.21 52

Powered by Capital Market - Live News

Roxy Exports reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 14,2016

Net loss of Roxy Exports reported to Rs 0.01 crore in the quarter ended September 2016. There were no net profit/loss reported during the previous quarter ended September 2015. Sales declined 24.14% to Rs 0.22 crore in the quarter ended September 2016 as against Rs 0.29 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.220.29 -24 OPM %-4.550 - PBDT-0.010 0 PBT-0.010 0 NP-0.010 0

Powered by Capital Market - Live News

Ceejay Finance standalone net profit rises 26.09% in the September 2016 quarter
Nov 14,2016

Net profit of Ceejay Finance rose 26.09% to Rs 1.16 crore in the quarter ended September 2016 as against Rs 0.92 crore during the previous quarter ended September 2015. Sales rose 17.35% to Rs 3.45 crore in the quarter ended September 2016 as against Rs 2.94 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.452.94 17 OPM %67.5464.29 - PBDT1.771.41 26 PBT1.731.38 25 NP1.160.92 26

Powered by Capital Market - Live News

Tinna Rubber & Infrastructure reports standalone net loss of Rs 2.72 crore in the September 2016 quarter
Nov 14,2016

Net loss of Tinna Rubber & Infrastructure reported to Rs 2.72 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 45.82% to Rs 12.18 crore in the quarter ended September 2016 as against Rs 22.48 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales12.1822.48 -46 OPM %-4.2716.73 - PBDT-2.691.74 PL PBT-4.280.07 PL NP-2.720.02 PL

Powered by Capital Market - Live News