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

Surana Solar standalone net profit rises 7.50% in the September 2016 quarter
Nov 08,2016

Net profit of Surana Solar rose 7.50% to Rs 0.43 crore in the quarter ended September 2016 as against Rs 0.40 crore during the previous quarter ended September 2015. Sales declined 25.30% to Rs 17.69 crore in the quarter ended September 2016 as against Rs 23.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales17.6923.68 -25 OPM %11.149.04 - PBDT1.231.41 -13 PBT0.540.72 -25 NP0.430.40 8

Powered by Capital Market - Live News

Sellwin Traders reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Nov 08,2016

Net Loss of Sellwin Traders 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

Repco Home Finance standalone net profit rises 17.00% in the September 2016 quarter
Nov 08,2016

Net profit of Repco Home Finance rose 17.00% to Rs 45.69 crore in the quarter ended September 2016 as against Rs 39.05 crore during the previous quarter ended September 2015. Sales rose 19.96% to Rs 249.97 crore in the quarter ended September 2016 as against Rs 208.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales249.97208.37 20 OPM %92.5993.15 - PBDT71.8760.71 18 PBT71.0159.73 19 NP45.6939.05 17

Powered by Capital Market - Live News

Indiabulls Wholesale Services reports consolidated net loss of Rs 7.97 crore in the September 2016 quarter
Nov 08,2016

Net Loss of Indiabulls Wholesale Services reported to Rs 7.97 crore in the quarter ended September 2016 as against net loss of Rs 14.73 crore during the previous quarter ended September 2015. Sales rose 10.31% to Rs 48.03 crore in the quarter ended September 2016 as against Rs 43.54 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales48.0343.54 10 OPM %21.309.81 - PBDT2.18-6.82 LP PBT-8.04-15.69 49 NP-7.97-14.73 46

Powered by Capital Market - Live News

K E C International consolidated net profit rises 131.05% in the September 2016 quarter
Nov 08,2016

Net profit of K E C International rose 131.05% to Rs 65.04 crore in the quarter ended September 2016 as against Rs 28.15 crore during the previous quarter ended September 2015. Sales rose 2.68% to Rs 2050.69 crore in the quarter ended September 2016 as against Rs 1997.22 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2050.691997.22 3 OPM %9.047.58 - PBDT131.2286.55 52 PBT100.2558.03 73 NP65.0428.15 131

Powered by Capital Market - Live News

Shreyans Industries standalone net profit rises 2235.71% in the September 2016 quarter
Nov 08,2016

Net profit of Shreyans Industries rose 2235.71% to Rs 6.54 crore in the quarter ended September 2016 as against Rs 0.28 crore during the previous quarter ended September 2015. Sales rose 11.33% to Rs 99.17 crore in the quarter ended September 2016 as against Rs 89.08 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales99.1789.08 11 OPM %14.273.96 - PBDT12.702.03 526 PBT10.690.17 6188 NP6.540.28 2236

Powered by Capital Market - Live News

Sarda Plywood Industries reports standalone net profit of Rs 0.23 crore in the September 2016 quarter
Nov 08,2016

Net profit of Sarda Plywood Industries reported to Rs 0.23 crore in the quarter ended September 2016 as against net loss of Rs 1.04 crore during the previous quarter ended September 2015. Sales rose 13.70% to Rs 54.69 crore in the quarter ended September 2016 as against Rs 48.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales54.6948.10 14 OPM %4.371.89 - PBDT0.65-0.79 LP PBT0.23-1.22 LP NP0.23-1.04 LP

Powered by Capital Market - Live News

HEG reports standalone net loss of Rs 13.47 crore in the September 2016 quarter
Nov 08,2016

Net loss of HEG reported to Rs 13.47 crore in the quarter ended September 2016 as against net profit of Rs 20.19 crore during the previous quarter ended September 2015. Sales declined 23.86% to Rs 188.77 crore in the quarter ended September 2016 as against Rs 247.93 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales188.77247.93 -24 OPM %9.9024.07 - PBDT6.7641.75 -84 PBT-11.5021.56 PL NP-13.4720.19 PL

Powered by Capital Market - Live News

Betala Global Securities reports standalone net profit of Rs 0.01 crore in the September 2016 quarter
Nov 08,2016

Net profit of Betala Global Securities remain constant at Rs 0.01 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015. Sales remain constant at Rs 0.01 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.010.01 0 OPM %100.00100.00 - PBDT0.010.01 0 PBT0.010.01 0 NP0.010.01 0

Powered by Capital Market - Live News

Kernex Microsystems (India) reports standalone net loss of Rs 4.59 crore in the September 2016 quarter
Nov 08,2016

Net Loss of Kernex Microsystems (India) reported to Rs 4.59 crore in the quarter ended September 2016 as against net loss of Rs 3.31 crore during the previous quarter ended September 2015. Sales declined 89.42% to Rs 0.51 crore in the quarter ended September 2016 as against Rs 4.82 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.514.82 -89 OPM %-645.10-52.49 - PBDT-3.89-2.67 -46 PBT-4.55-3.48 -31 NP-4.59-3.31 -39

Powered by Capital Market - Live News

Apar Industries standalone net profit rises 82.20% in the September 2016 quarter
Nov 08,2016

Net profit of Apar Industries rose 82.20% to Rs 45.66 crore in the quarter ended September 2016 as against Rs 25.06 crore during the previous quarter ended September 2015. Sales rose 1.46% to Rs 1252.58 crore in the quarter ended September 2016 as against Rs 1234.58 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1252.581234.58 1 OPM %8.017.22 - PBDT80.0147.03 70 PBT69.5637.77 84 NP45.6625.06 82

Powered by Capital Market - Live News

Cyber Media (India) reports standalone net loss of Rs 0.23 crore in the September 2016 quarter
Nov 08,2016

Net loss of Cyber Media (India) reported to Rs 0.23 crore in the quarter ended September 2016 as against net profit of Rs 0.10 crore during the previous quarter ended September 2015. Sales declined 35.28% to Rs 2.22 crore in the quarter ended September 2016 as against Rs 3.43 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.223.43 -35 OPM %-24.320.58 - PBDT-0.590.46 PL PBT-0.810.17 PL NP-0.230.10 PL

Powered by Capital Market - Live News

Jupiter Industries & Leasing reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 08,2016

Net Loss of Jupiter Industries & Leasing reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.01 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

Mylan and Biocon announce USFDA Submission for proposed biosimilar Trastuzumab
Nov 08,2016

Mylan and Biocon announced submission of Mylans biologics license application (BLA) for MYL-1401O, a proposed biosimilar trastuzumab, to the U.S. Food and Drug Administration (FDA) through the 351(K) pathway. This product is a proposed biosimilar to branded trastuzumab, which is indicated to treat certain HER2-positive breast and gastric cancers. Mylan and Biocon believe that this has the potential to be the first submission of a proposed biosimilar trastuzumab in the U.S.

Powered by Capital Market - Live News

Mahindra CIE Automotive allots equity shares
Nov 08,2016

Mahindra CIE Automotive announced that the Allotment Committee of Board of Directors of the Company vide its resolution passed on 08 November 2016 issued and allotted 5,013 Equity Shares of face value of Rs. 10/- pursuant to exercise of options by the eligible employees under the Companys Employees Stock Option Scheme, 2007. Consequent to the allotment the paid up capital of the Company has been increased from Rs. 3,780,832,520/- to Rs. 3,780,882,650/-.

Powered by Capital Market - Live News