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

B J Duplex Boards fixes record date for reduction of share capital
Apr 28,2017

B J Duplex Boards has fixed 12 May 2017 as record date for reduction of paid up share capital.

Powered by Capital Market - Live News

Ujjivan Financial declines after weak Q4 numbers
Apr 28,2017

The result was announced after market hours yesterday, 27 April 2017.

Meanwhile, the S&P BSE Sensex was down 97.51 points or 0.32% at 29,932.23. The S&P BSE Mid-Cap index was up 40.59 points or 0.27% at 14,813.04.

On the BSE, 2.27 lakh shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past two weeks. The stock had hit a high of Rs 397.60 and a low of Rs 379 so far during the day. The stock had hit a record high of Rs 547 on 28 July 2016 and a record low of Rs 217.05 on 10 May 2016.

The mid-cap company has equity capital of Rs 119.52 crore. Face value per share is Rs 10.

Ujjivan Financial Services is a non-banking finance company engaged in the micro finance lending business.

Powered by Capital Market - Live News

Capital First crawls higher after acquiring part stake in Sienna
Apr 28,2017

The announcement was made after market hours yesterday, 27 April 2017.

Meanwhile, the S&P Sensex was down 127.02 points, or 0.42% at 29,902.72. The S&P BSE Mid-Cap index was up 25.19 points, or 0.17% at 14,772.45.

On the BSE, 9,019 shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past one quarter. The stock had hit a high of Rs 775 and a low of Rs 762.70 so far during the day.

The stock had hit a 52-week high of Rs 809 on 13 April 2017 and a 52-week low of Rs 427 on 28 April 2016.

The mid-cap company has equity capital of Rs 97.42 crore. Face value per share is Rs 10.

Capital First announced that as a part of the strategic investment, the company has entered into an investment agreement on 26 April 2017 with Sienna Systems Resources (Sienna) and the promoter of Sienna to acquire equity shares comprising approximately 8% of the share capital of Sienna and equity share warrants comprising approximately 2% of the share capital of Sienna.

Sienna is the fintech business of building and managing programs based on digital payments and has presence in India. The business activity of the company is in initial stages and started its operations in FY 2016.

The total consideration for acquisition of equity shares and equity share warrants is about Rs 4.25 crore. The proposed investment would facilitate tie ups with such fintech companies and keep a close connect with emerging technologies and collaboration in a positive way.

Separately, Capital First after market hours yesterday, 27 April 2017, announced that the meeting of the debenture committee of the board of directors of the company will be held on 3 May 2017 to consider and approve the private placement of rated, listed, secured/unsecured/perpetual, redeemable, non-convertible securities in the nature of debentures.

Capital Firsts consolidated net profit rose 37.8% to Rs 61.36 crore on 48.1% increase in total income to Rs 735.95 crore in Q3 December 2016 over Q3 December 2015.

Capital First is a leading financial institution in India focused on providing debt financing to micro small and medium enterprises (MSME) and Indian consumers.

Powered by Capital Market - Live News

Prism Cement hits 52-week high after receiving mining lease
Apr 28,2017

The announcement was made after market hours yesterday, 27 April 2017.

Meanwhile, the S&P BSE Sensex was down 97.22 points, or 0.32%, to 29,932.52. The S&P BSE Mid-Cap index was up 39.27 points, or 0.27%, to 14,811.72.

High volumes were witnessed on the counter. On the BSE, 2.05 lakh shares were traded on the counter so far as against the average daily volumes of 67,628 shares in the past one quarter. The stock had hit a high of Rs 129.10 in intraday trade, which is also a 52-week high for the stock. The stock hit a low of Rs 123.50 so far during the day. The stock had hit a 52-week low of Rs 72 on 27 December 2016.

The mid-cap company has equity capital of Rs 503.36 crore. Face value per share is Rs 10.

Prism Cement has received letter of intent from Madhya Pradesh Government for allotment of cement grade limestone mining lease for 50 years in villages Chulhi and Majhiyar, district Satna, Madhya Pradesh, with about 23.6 million tons of reserves, subject to completion of formalities,.

The application for this mining lease was made under the earlier regulations and was under processing by the state Government. The mining lease would be captive to the cement plants of the company at Satna, Madhya Pradesh.

Prism Cement reported net loss of Rs 47.02 crore in Q3 December 2016, as compared to net loss of Rs 15.22 crore in Q3 December 2015. Net sales fell 9.2% to Rs 1134.54 crore in Q3 December 2016 over Q3 December 2015.

Prism Cement is an integrated building materials company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens. The company has three divisions, viz. Prism Cement, H & R Johnson (India) and RMC Readymix (India).

Powered by Capital Market - Live News

Board of Hil recommends final dividend
Apr 28,2017

Hil announced that the Board of Directors of the Company at its meeting held on 27 April 2017, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Rajath Finance to hold board meeting
Apr 28,2017

Rajath Finance will hold a meeting of the Board of Directors of the Company on 5 May 2017.

Powered by Capital Market - Live News

Maruti Suzuki India to hold AGM
Apr 28,2017

Maruti Suzuki India announced that the Annual General Meeting (AGM) of the company will be held on 5 September 2017.

Powered by Capital Market - Live News

Chembond Chemicals surges after acquiring stake in subsidiary
Apr 28,2017

The announcement was made after market hours yesterday, 27 April 2017.

Meanwhile, the S&P BSE Sensex was down 112.63 points, or 0.38% to 29,917.11. The S&P BSE Small-Cap index was up 16.73 points, or 0.11% to 15,296.22.

On the BSE, 8,904 shares were traded on the counter so far as against the average daily volumes of 6,874 shares in the past one quarter. The stock had hit a high of Rs 229.90 and a low of Rs 210 so far during the day.

Chembond Chemicals said that pursuant to the approval of the board of directors at a meeting held on 27 April, 2017, the company has entered into an agreement to acquire the equity shares of Chembond Solenis Water Technologies (CSWTL), a subsidiary company from Solenis Netherlands B.V.

CSWTL had turnover of Rs 93.19 crore for the year ended 31 March 2016. CSWTL is in the manufacturing of chemicals for water treatment technologies. CSWTL has presence only in India.

Indicative time period for completion of the acquisition is on or before 3 May 2017. The cost of acquisition is $7.35 million. The company will acquire 45% stake in CSWTL.

After the acquisition, the subsidiary company shall become a wholly owned subsidiary of the company.

Chembond Chemicals is engaged in the manufacturing a diverse range of specialty chemicals like water treatment, polymers, construction chemicals, high performance coatings, animal nutritions and industrial biotech products.

Powered by Capital Market - Live News

Satra Properties (India) launches Satra Harmony
Apr 28,2017

Satra Properties (India) announced that RRB Realtors, a step down subsidiary of the Company is launching a re-development residential project namely, Satra Harmony, on 28 April 2017.

Powered by Capital Market - Live News

Chembond Chemicals enters into agreement to acquire Chembond Solenis Water Technologies
Apr 28,2017

Chembond Chemicals announced that pursuant to the approval of the Board of Directors of the Company at its meeting held on 27 April 2017, the Company has entered into an agreement to acquire the equity shares of Chembond Solenis Water Technologies (CSWTL) (subsidiary company) from Solenis Netherlands B.V. After the said acquisition, the subsidiary company shall become a wholly owned subsidiary of the Company.

Powered by Capital Market - Live News

Wipro positioned as Leader in Zinnov Zones 2016 - Product Engineering Services Rating
Apr 28,2017

Wipro announced that it has been positioned as a leading player in Zinnov Zones 2016 - Product Engineering Services Rating, for the seventh consecutive year.

Powered by Capital Market - Live News

Kotak Mahindra Bank acquires 26% stake in Kotak Mahindra Old Mutual Life Insurance
Apr 28,2017

Kotak Mahindra Bank has executed a Share Purchase Agreement, for acquisition of 13,26,75,452 equity shares of Rs 10 each, being 26% of the equity shareholding of Kotak Mahindra Old Mutual Life Insurance, a subsidiary of the Bank, from an existing shareholder, Old Mutual Plc, for a consideration of Rs 1292.7 crore payable in cash.

Powered by Capital Market - Live News

Kotak Mahindra Bank may gain on acquiring 26% stake in Kotak Life
Apr 28,2017

Kotak Mahindra Bank announced that it has entered into an agreement to purchase the entire 26% equity stake held by Old Mutual plc, UK (OM) in Kotak Mutual Life Insurance for a consideration of Rs 1292.70 crore. The announcement was made before market hours today, 28 April 2017.

After the completion of the transaction, Kotak Mahindra Group will hold 100% stake in Kotak Life. Kotak Life is currently a joint venture between Kotak Group and OM.

Sun TV Network has launched new Surya Comedy Channel which is the first 24 hours Malayalam comedy channel to its bouquet of Malayalam channels namely Surya TV, Surya Movies, Surya Music and Kochu TV. The new channel will be on air from 29 April 2017. The announcement was made after market hours yesterday, 27 April 2017.

Ambuja Cements announces Q1 results today, 28 April 2017. IDFC also unveils Q4 results today.

Reliance Capitals consolidated net profit rose 0.48% to Rs 417 crore on 79.84% rise in total revenue to Rs 5086 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 27 April 2017.

Indiabulls Real Estates consolidated net profit fell 3.73% to Rs 60.18 crore on 25.84% fall in total income to Rs 545.15 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 27 April 2017.

Chembond Chemicals said that pursuant to the approval of the board of directors at a meeting held on 27 April, 2017, the company has entered into an agreement to acquire the equity shares of Chembond Solenis Water Technologies (CSWTL), a subsidiary company from Solenis Netherlands B.V.

After the acquisition, the subsidiary company shall become a wholly owned subsidiary of the company. The announcement was made after market hours yesterday, 27 April 2017.

HCL Infosystems announced that the board of directors of the company at a meeting held on 27 April 2017 has approved the slump sale of an undertaking-Digischool Business undertaking consisting of business of sale of software licenses to K-12 schools of HCL Learning, a wholly owned subsidiary, on a going concern basis to Everest Edusys and Solutions. The announcement was made after market hours yesterday, 27 April 2017.

Jubilant Life Sciences announced that the company has issued commercial paper of Rs 75 crore on 27 April 2017. The announcement was made after market hours yesterday, 27 April 2017.

Indraprastha Gas board at a meeting held on 27 April 2017 approved increase in foreign institutional investors (FIIs)/foreign portfolio investors (FPIs) shareholding limits in the company from 24% of paid up equity share capital to 30% of the paid up share capital of the company, subject to approval of shareholders and other regulatory approval as may be required. The announcement was made after market hours yesterday, 27 April 2017.

Capital First announced that as a part of the strategic investment, the company has entered into an investment agreement on 26 April 2017 with Sienna Systems Resources (Sienna) and the promoter of Sienna to acquire equity shares comprising approximately 8% of the share capital of Sienna and equity share warrants comprising approximately 2% of the share capital of Sienna. The announcement was made after market hours yesterday, 27 April 2017.

Prism Cement has received letter of intent from Madhya Pradesh Government for allotment of cement grade limestone Mining lease for 50 years in villages Chulhi and Majhiyar, District Satna, Madhya Pradesh, with about 23.6 million tons of reserves, subject to completion of formalities,. The application for this mining lease was made under the earlier regulations and was under processing by the state Government. The mining lease would be captive to the cement plants of the Company at Satna, Madhya Pradesh. The announcement was made after market hours yesterday, 27 April 2017.

Powered by Capital Market - Live News

Outcome of board meeting of HCL Infosystems
Apr 27,2017

HCL Infosystems announced that the Board of Directors of the Company at its meeting held on 27 April 2017 has approved the slump sale of an undertaking (Digischool Business undertaking consisting of business of sale of software licenses to K-12 schools) of HCL Learning, a wholly owned subsidiary, on a going concern basis to Everest Edusys and Solutions.

Powered by Capital Market - Live News

Board of Jiya Eco-Products approves increase in authorised share capital
Apr 27,2017

Jiya Eco-Products announced that the Board of Directors of the Company at its meeting held on 27 April 2017 approved the following -

Increase in Authorised Share Capital from Rs 12 crore to Rs 15 crore dividend into 150,00,000 equity shares of Rs 10 each.

Raise equity shares capital through further public issue, rights issue, preferential issue or any other means not exceeding Rs 25 crore in aggregate including share premium.

To hold EGM on 25 May 2017.

Powered by Capital Market - Live News