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

Orient Bell standalone net profit rises 133.33% in the September 2016 quarter
Nov 09,2016

Net profit of Orient Bell rose 133.33% to Rs 3.36 crore in the quarter ended September 2016 as against Rs 1.44 crore during the previous quarter ended September 2015. Sales declined 11.97% to Rs 159.66 crore in the quarter ended September 2016 as against Rs 181.36 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales159.66181.36 -12 OPM %7.845.69 - PBDT9.286.38 45 PBT6.172.74 125 NP3.361.44 133

Powered by Capital Market - Live News

Gujarat Themis Biosyn standalone net profit declines 23.85% in the September 2016 quarter
Nov 09,2016

Net profit of Gujarat Themis Biosyn declined 23.85% to Rs 0.83 crore in the quarter ended September 2016 as against Rs 1.09 crore during the previous quarter ended September 2015. Sales rose 1.82% to Rs 8.40 crore in the quarter ended September 2016 as against Rs 8.25 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales8.408.25 2 OPM %14.8816.73 - PBDT1.201.39 -14 PBT0.931.09 -15 NP0.831.09 -24

Powered by Capital Market - Live News

Stellar Q2 numbers boosts VA Tech Wabag counter
Nov 09,2016

The result was announced after market hours yesterday, 8 November 2016.

Meanwhile, the S&P BSE Sensex was down 714.74 points or 2.59% at 26,876.40.

On BSE, so far 9,795 shares were traded in the counter as against average daily volume of 9,077 shares in the past one quarter. The stock hit a high of Rs 487 and a low of Rs 450 so far during the day. The stock had hit a 52-week high of Rs 766.55 on 17 November 2015. The stock had hit a 52-week low of Rs 409.30 on 1 March 2016. The stock underperformed the market over the past one month till 8 November 2016, dropping 15.68% compared with the Sensexs 1.67% fall. The scrip also underperformed the market in past one quarter, declining 15.68% as against the Sensexs 2.1% decline.

The mid-cap company has equity capital of Rs 10.90 crore. Face value per share is Rs 2.

Commenting on the results, Rajiv Mittal Managing Director of the company said that the good order book that company built over the last year translated into good topline and bottom line growth in Q2 September 2016.

VA Tech Wabag is a leading multinational company specialized in water and waste water management.

Powered by Capital Market - Live News

Dhunseri Tea & Industries standalone net profit declines 20.55% in the September 2016 quarter
Nov 09,2016

Net profit of Dhunseri Tea & Industries declined 20.55% to Rs 13.03 crore in the quarter ended September 2016 as against Rs 16.40 crore during the previous quarter ended September 2015. Sales rose 1.89% to Rs 54.57 crore in the quarter ended September 2016 as against Rs 53.56 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales54.5753.56 2 OPM %33.6440.57 - PBDT18.1121.17 -14 PBT16.4819.72 -16 NP13.0316.40 -21

Powered by Capital Market - Live News

Kamanwala Housing Construction reports standalone net profit of Rs 0.22 crore in the September 2016 quarter
Nov 09,2016

Net profit of Kamanwala Housing Construction reported to Rs 0.22 crore in the quarter ended September 2016 as against net loss of Rs 3.17 crore during the previous quarter ended September 2015. Sales declined 24.71% to Rs 4.54 crore in the quarter ended September 2016 as against Rs 6.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales4.546.03 -25 OPM %-9.47-29.85 - PBDT0.28-3.10 LP PBT0.21-3.17 LP NP0.22-3.17 LP

Powered by Capital Market - Live News

Oriental Veneer Products standalone net profit rises 97.81% in the September 2016 quarter
Nov 09,2016

Net profit of Oriental Veneer Products rose 97.81% to Rs 2.71 crore in the quarter ended September 2016 as against Rs 1.37 crore during the previous quarter ended September 2015. Sales rose 9.35% to Rs 23.74 crore in the quarter ended September 2016 as against Rs 21.71 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales23.7421.71 9 OPM %17.359.49 - PBDT4.282.39 79 PBT4.052.06 97 NP2.711.37 98

Powered by Capital Market - Live News

Charms Industries reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 09,2016

Net Loss of Charms Industries reported to Rs 0.01 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 29.09% to Rs 0.71 crore in the quarter ended September 2016 as against Rs 0.55 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.710.55 29 OPM %-1.41-5.45 - PBDT-0.01-0.02 50 PBT-0.01-0.02 50 NP-0.01-0.02 50

Powered by Capital Market - Live News

IDream Film Infrastructure Company reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 09,2016

Net Loss of IDream Film Infrastructure Company reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.02 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

JPT Securities reports standalone net profit of Rs 0.33 crore in the September 2016 quarter
Nov 09,2016

Net profit of JPT Securities reported to Rs 0.33 crore in the quarter ended September 2016 as against net loss of Rs 0.23 crore during the previous quarter ended September 2015. Sales rose 740.00% to Rs 0.42 crore in the quarter ended September 2016 as against Rs 0.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.420.05 740 OPM %78.57-440.00 - PBDT0.33-0.22 LP PBT0.33-0.22 LP NP0.33-0.23 LP

Powered by Capital Market - Live News

Ladderup Finance standalone net profit declines 79.66% in the September 2016 quarter
Nov 09,2016

Net profit of Ladderup Finance declined 79.66% to Rs 0.36 crore in the quarter ended September 2016 as against Rs 1.77 crore during the previous quarter ended September 2015. Sales declined 66.67% to Rs 0.65 crore in the quarter ended September 2016 as against Rs 1.95 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.651.95 -67 OPM %78.4694.87 - PBDT0.361.76 -80 PBT0.361.76 -80 NP0.361.77 -80

Powered by Capital Market - Live News

Gagan Gases reports standalone nil net profit/loss in the September 2016 quarter
Nov 09,2016

Gagan Gases reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.05 crore during the previous quarter ended September 2015. Sales declined 72.22% to Rs 0.10 crore in the quarter ended September 2016 as against Rs 0.36 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.100.36 -72 OPM %20.0019.44 - PBDT0.020.07 -71 PBT00.05 -100 NP00.05 -100

Powered by Capital Market - Live News

Sanghi Industries reports standalone net profit of Rs 8.51 crore in the September 2016 quarter
Nov 09,2016

Net profit of Sanghi Industries reported to Rs 8.51 crore in the quarter ended September 2016 as against net loss of Rs 1.48 crore during the previous quarter ended September 2015. Sales declined 0.19% to Rs 206.99 crore in the quarter ended September 2016 as against Rs 207.38 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales206.99207.38 0 OPM %22.7712.03 - PBDT29.4813.79 114 PBT11.13-3.40 LP NP8.51-1.48 LP

Powered by Capital Market - Live News

S & T Corporation reports standalone net loss of Rs 0.35 crore in the September 2016 quarter
Nov 09,2016

Net loss of S & T Corporation reported to Rs 0.35 crore in the quarter ended September 2016 as against net profit of Rs 0.05 crore during the previous quarter ended September 2015. Sales reported to Rs 0.13 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. Sales0.130 0 OPM %-238.460 - PBDT-0.310.06 PL PBT-0.350.05 PL NP-0.350.05 PL

Powered by Capital Market - Live News

Mahashree Trading reports standalone nil net profit/loss in the September 2016 quarter
Nov 09,2016

Mahashree Trading reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.38 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.40 -100 OPM %095.00 - PBDT00.38 -100 PBT00.38 -100 NP00.38 -100

Powered by Capital Market - Live News

Northern Project reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 09,2016

Net Loss of Northern Project reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.03 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