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

Eros International Media standalone net profit declines 19.72% in the September 2016 quarter
Nov 10,2016

Net profit of Eros International Media declined 19.72% to Rs 47.59 crore in the quarter ended September 2016 as against Rs 59.28 crore during the previous quarter ended September 2015. Sales declined 0.39% to Rs 439.73 crore in the quarter ended September 2016 as against Rs 441.47 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales439.73441.47 0 OPM %18.6523.12 - PBDT74.6796.41 -23 PBT73.6995.07 -22 NP47.5959.28 -20

Powered by Capital Market - Live News

Outcome of board meeting of Aceel Transmatic
Nov 10,2016

The Board of Accel Transmatic at its meeting held on 10 November 2016 has co-opted Dr M Ayyappan and Dr C N Ramchand as Additional Directors of the Company.

Powered by Capital Market - Live News

Sugar stocks are enough in the country, Government is keeping a close watch on prices - Ram Vilas Paswan
Nov 10,2016

Union Minister of Consumer Affairs, Food & Public Distribution, Shri Ram Vilas Paswan reviewed prices and availability of sugar in the country in a meeting with senior officials of his Ministry. After review he said that the Government has taken necessary steps to maintain sufficient stocks in the country and keep the sugar prices under check.

He has said that during the current Sugar Season 2016-17, the country has started with a carryover stock of 7.71 million MT (mMT) of sugar. The production of sugar has been estimated at about 22.52 mMT in the current sugar season. While the domestic consumption is estimated at about 25.5 mMT, the stock position at the close of the current sugar season (Sept. 2017) is likely to be at 4.73 mMT which will be carried forward for the next sugar season 2017-18.

Thus the total availability of sugar in the country would be sufficient to meet the domestic consumption.

Further, the sugar production in the next sugar season (2017-18) is expected to be good and is likely to start early and therefore there will be no shortage of domestically produced sugar in India. By November 2017, another 2 mMT would be available from early crushing.

Powered by Capital Market - Live News

Camlin Fine Sciences standalone net profit declines 72.06% in the September 2016 quarter
Nov 10,2016

Net profit of Camlin Fine Sciences declined 72.06% to Rs 1.07 crore in the quarter ended September 2016 as against Rs 3.83 crore during the previous quarter ended September 2015. Sales declined 30.79% to Rs 70.08 crore in the quarter ended September 2016 as against Rs 101.26 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales70.08101.26 -31 OPM %12.8715.35 - PBDT4.6512.32 -62 PBT1.679.76 -83 NP1.073.83 -72

Powered by Capital Market - Live News

IFM Impex Global reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 10,2016

Net Loss of IFM Impex Global reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. Sales reported to Rs 0.02 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. Sales0.020 0 OPM %-100.000 - PBDT-0.02-0.04 50 PBT-0.02-0.04 50 NP-0.02-0.04 50

Powered by Capital Market - Live News

Caplin Point Laboratories standalone net profit rises 18.45% in the September 2016 quarter
Nov 10,2016

Net profit of Caplin Point Laboratories rose 18.45% to Rs 16.82 crore in the quarter ended September 2016 as against Rs 14.20 crore during the previous quarter ended September 2015. Sales rose 9.79% to Rs 81.61 crore in the quarter ended September 2016 as against Rs 74.33 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales81.6174.33 10 OPM %26.8727.65 - PBDT23.5121.31 10 PBT20.9219.21 9 NP16.8214.20 18

Powered by Capital Market - Live News

Sun Pharmaceuticals Industries reports standalone net profit of Rs 184.54 crore in the September 2016 quarter
Nov 10,2016

Net profit of Sun Pharmaceuticals Industries reported to Rs 184.54 crore in the quarter ended September 2016 as against net loss of Rs 600.23 crore during the previous quarter ended September 2015. Sales rose 8.38% to Rs 1984.77 crore in the quarter ended September 2016 as against Rs 1831.26 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1984.771831.26 8 OPM %0.19-16.72 - PBDT290.59-477.28 LP PBT187.42-597.15 LP NP184.54-600.23 LP

Powered by Capital Market - Live News

Ausom Enterprise reports standalone net profit of Rs 0.81 crore in the September 2016 quarter
Nov 10,2016

Net profit of Ausom Enterprise reported to Rs 0.81 crore in the quarter ended September 2016 as against net loss of Rs 2.17 crore during the previous quarter ended September 2015. Sales rose 66.47% to Rs 214.22 crore in the quarter ended September 2016 as against Rs 128.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales214.22128.68 66 OPM %0.40-2.67 - PBDT1.02-2.46 LP PBT1.02-2.46 LP NP0.81-2.17 LP

Powered by Capital Market - Live News

ITI reports standalone net profit of Rs 190.59 crore in the September 2016 quarter
Nov 10,2016

Net profit of ITI reported to Rs 190.59 crore in the quarter ended September 2016 as against net loss of Rs 33.86 crore during the previous quarter ended September 2015. Sales declined 14.64% to Rs 281.54 crore in the quarter ended September 2016 as against Rs 329.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales281.54329.84 -15 OPM %-12.77-7.80 - PBDT100.72-30.07 LP PBT96.63-33.86 LP NP190.59-33.86 LP

Powered by Capital Market - Live News

Mangalam Drugs and Organics standalone net profit rises 60.00% in the September 2016 quarter
Nov 10,2016

Net profit of Mangalam Drugs and Organics rose 60.00% to Rs 5.84 crore in the quarter ended September 2016 as against Rs 3.65 crore during the previous quarter ended September 2015. Sales rose 4.88% to Rs 76.10 crore in the quarter ended September 2016 as against Rs 72.56 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales76.1072.56 5 OPM %15.4011.04 - PBDT9.385.79 62 PBT8.194.70 74 NP5.843.65 60

Powered by Capital Market - Live News

Rose Investments reports standalone nil net profit/loss in the September 2016 quarter
Nov 10,2016

Rose Investments reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.07 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

Noesis Industries reports standalone net loss of Rs 0.20 crore in the September 2016 quarter
Nov 10,2016

Net Loss of Noesis Industries reported to Rs 0.20 crore in the quarter ended September 2016 as against net loss of Rs 0.33 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

Schrader Duncan reports standalone net loss of Rs 1.94 crore in the September 2016 quarter
Nov 10,2016

Net Loss of Schrader Duncan reported to Rs 1.94 crore in the quarter ended September 2016 as against net loss of Rs 0.45 crore during the previous quarter ended September 2015. Sales declined 48.32% to Rs 8.91 crore in the quarter ended September 2016 as against Rs 17.24 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales8.9117.24 -48 OPM %-10.773.71 - PBDT-1.420.10 PL PBT-1.86-0.45 -313 NP-1.94-0.45 -331

Powered by Capital Market - Live News

Blue Star standalone net profit rises 5042.42% in the September 2016 quarter
Nov 10,2016

Net profit of Blue Star rose 5042.42% to Rs 16.97 crore in the quarter ended September 2016 as against Rs 0.33 crore during the previous quarter ended September 2015. Sales rose 7.77% to Rs 812.58 crore in the quarter ended September 2016 as against Rs 753.97 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales812.58753.97 8 OPM %4.304.54 - PBDT37.5130.50 23 PBT24.1016.36 47 NP16.970.33 5042

Powered by Capital Market - Live News

Bajaj Electricals standalone net profit declines 10.77% in the September 2016 quarter
Nov 10,2016

Net profit of Bajaj Electricals declined 10.77% to Rs 16.66 crore in the quarter ended September 2016 as against Rs 18.67 crore during the previous quarter ended September 2015. Sales declined 10.44% to Rs 991.56 crore in the quarter ended September 2016 as against Rs 1107.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales991.561107.11 -10 OPM %4.564.68 - PBDT32.8937.02 -11 PBT25.8430.75 -16 NP16.6618.67 -11

Powered by Capital Market - Live News