My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By 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

Ravalgaon Sugar Farm reports standalone net loss of Rs 2.38 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Ravalgaon Sugar Farm reported to Rs 2.38 crore in the quarter ended December 2016 as against net loss of Rs 1.51 crore during the previous quarter ended December 2015. Sales declined 35.92% to Rs 3.14 crore in the quarter ended December 2016 as against Rs 4.90 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.144.90 -36 OPM %-42.04-19.59 - PBDT-1.90-1.49 -28 PBT-2.39-1.99 -20 NP-2.38-1.51 -58

Powered by Capital Market - Live News

Apoorva Leasing Finance & Investment Co standalone net profit declines 65.71% in the December 2016 quarter
Feb 02,2017

Net profit of Apoorva Leasing Finance & Investment Co declined 65.71% to Rs 0.12 crore in the quarter ended December 2016 as against Rs 0.35 crore during the previous quarter ended December 2015. Sales declined 90.03% to Rs 0.36 crore in the quarter ended December 2016 as against Rs 3.61 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.363.61 -90 OPM %47.229.70 - PBDT0.170.35 -51 PBT0.170.35 -51 NP0.120.35 -66

Powered by Capital Market - Live News

TajGVK Hotels & Resorts standalone net profit rises 9.71% in the December 2016 quarter
Feb 02,2017

Net profit of TajGVK Hotels & Resorts rose 9.71% to Rs 3.73 crore in the quarter ended December 2016 as against Rs 3.40 crore during the previous quarter ended December 2015. Sales declined 0.04% to Rs 72.40 crore in the quarter ended December 2016 as against Rs 72.43 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales72.4072.43 0 OPM %26.3825.04 - PBDT11.8610.29 15 PBT7.345.83 26 NP3.733.40 10

Powered by Capital Market - Live News

SKM Egg Products Export (India) standalone net profit declines 95.87% in the December 2016 quarter
Feb 02,2017

Net profit of SKM Egg Products Export (India) declined 95.87% to Rs 0.32 crore in the quarter ended December 2016 as against Rs 7.74 crore during the previous quarter ended December 2015. Sales declined 31.66% to Rs 55.00 crore in the quarter ended December 2016 as against Rs 80.48 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales55.0080.48 -32 OPM %0.2413.41 - PBDT1.8513.22 -86 PBT0.3311.80 -97 NP0.327.74 -96

Powered by Capital Market - Live News

Inani Securities standalone net profit rises 2700.00% in the December 2016 quarter
Feb 02,2017

Net profit of Inani Securities rose 2700.00% to Rs 0.28 crore in the quarter ended December 2016 as against Rs 0.01 crore during the previous quarter ended December 2015. Sales rose 24.39% to Rs 0.51 crore in the quarter ended December 2016 as against Rs 0.41 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.510.41 24 OPM %-1.96-82.93 - PBDT0.450.06 650 PBT0.400.01 3900 NP0.280.01 2700

Powered by Capital Market - Live News

Godrej Properties consolidated net profit rises 185.51% in the December 2016 quarter
Feb 02,2017

Net profit of Godrej Properties rose 185.51% to Rs 77.26 crore in the quarter ended December 2016 as against Rs 27.06 crore during the previous quarter ended December 2015. Sales rose 133.70% to Rs 502.03 crore in the quarter ended December 2016 as against Rs 214.82 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales502.03214.82 134 OPM %24.042.80 - PBDT118.5627.87 325 PBT114.9124.23 374 NP77.2627.06 186

Powered by Capital Market - Live News

Godrej Properties standalone net profit rises 242.44% in the December 2016 quarter
Feb 02,2017

Net profit of Godrej Properties rose 242.44% to Rs 89.41 crore in the quarter ended December 2016 as against Rs 26.11 crore during the previous quarter ended December 2015. Sales declined 2.57% to Rs 64.36 crore in the quarter ended December 2016 as against Rs 66.06 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales64.3666.06 -3 OPM %117.3418.83 - PBDT92.3034.94 164 PBT89.0531.48 183 NP89.4126.11 242

Powered by Capital Market - Live News

BASF India reports standalone net loss of Rs 47.22 crore in the December 2016 quarter
Feb 02,2017

Net Loss of BASF India reported to Rs 47.22 crore in the quarter ended December 2016 as against net loss of Rs 119.24 crore during the previous quarter ended December 2015. Sales declined 0.51% to Rs 1119.56 crore in the quarter ended December 2016 as against Rs 1125.28 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1119.561125.28 -1 OPM %0.40-4.07 - PBDT-18.10-81.86 78 PBT-61.23-119.24 49 NP-47.22-119.24 60

Powered by Capital Market - Live News

Tata Global Beverages consolidated net profit rises 119.20% in the December 2016 quarter
Feb 02,2017

Net profit of Tata Global Beverages rose 119.20% to Rs 144.54 crore in the quarter ended December 2016 as against Rs 65.94 crore during the previous quarter ended December 2015. Sales rose 2.69% to Rs 1717.96 crore in the quarter ended December 2016 as against Rs 1673.03 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1717.961673.03 3 OPM %10.7110.22 - PBDT176.72149.92 18 PBT145.64117.60 24 NP144.5465.94 119

Powered by Capital Market - Live News

Innovassynth Investments reports standalone net loss of Rs 0.07 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Innovassynth Investments reported to Rs 0.07 crore in the quarter ended December 2016 as against net loss of Rs 0.09 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

Powered by Capital Market - Live News

Futuristic Solutions reports standalone net loss of Rs 0.13 crore in the December 2016 quarter
Feb 02,2017

Net loss of Futuristic Solutions reported to Rs 0.13 crore in the quarter ended December 2016 as against net profit of Rs 0.65 crore during the previous quarter ended December 2015. Sales declined 87.60% to Rs 0.16 crore in the quarter ended December 2016 as against Rs 1.29 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.161.29 -88 OPM %-81.2581.40 - PBDT-0.170.99 PL PBT-0.180.98 PL NP-0.130.65 PL

Powered by Capital Market - Live News

Shree Renuka Sugars reports standalone net loss of Rs 42.00 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Shree Renuka Sugars reported to Rs 42.00 crore in the quarter ended December 2016 as against net loss of Rs 24.10 crore during the previous quarter ended December 2015. Sales rose 33.38% to Rs 2041.40 crore in the quarter ended December 2016 as against Rs 1530.50 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2041.401530.50 33 OPM %2.655.52 - PBDT-30.200.10 PL PBT-68.20-36.40 -87 NP-42.00-24.10 -74

Powered by Capital Market - Live News

Raunaq EPC International standalone net profit declines 90.54% in the December 2016 quarter
Feb 02,2017

Net profit of Raunaq EPC International declined 90.54% to Rs 0.14 crore in the quarter ended December 2016 as against Rs 1.48 crore during the previous quarter ended December 2015. Sales declined 62.16% to Rs 11.47 crore in the quarter ended December 2016 as against Rs 30.31 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales11.4730.31 -62 OPM %5.329.63 - PBDT0.422.35 -82 PBT0.242.17 -89 NP0.141.48 -91

Powered by Capital Market - Live News

63 Moons Technologies standalone net profit declines 99.89% in the December 2016 quarter
Feb 02,2017

Net profit of 63 Moons Technologies declined 99.89% to Rs 0.14 crore in the quarter ended December 2016 as against Rs 130.83 crore during the previous quarter ended December 2015. Sales rose 10.22% to Rs 38.60 crore in the quarter ended December 2016 as against Rs 35.02 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales38.6035.02 10 OPM %-79.30-107.65 - PBDT21.54-23.86 LP PBT15.30-35.15 LP NP0.14130.83 -100

Powered by Capital Market - Live News

Pidilite Industries standalone net profit rises 3.11% in the December 2016 quarter
Feb 02,2017

Net profit of Pidilite Industries rose 3.11% to Rs 204.25 crore in the quarter ended December 2016 as against Rs 198.08 crore during the previous quarter ended December 2015. Sales declined 2.78% to Rs 1136.44 crore in the quarter ended December 2016 as against Rs 1168.98 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1136.441168.98 -3 OPM %24.4824.42 - PBDT302.75299.45 1 PBT280.06277.72 1 NP204.25198.08 3

Powered by Capital Market - Live News