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

Oriental Bank of Commerce revises MCLR rates
Jun 09,2017

Oriental Bank of Commerce has revised MCLR for different tenors with effect from 12 June 2017 as under -

Overnight - 8.10%
One month - 8.20%
Three month - 8.25%
Six month - 8.35%
1 year - 8.50%

Powered by Capital Market - Live News

Godrej Properties grants stock options
Jun 09,2017

Godrej Properties announced that the Board of Directors on 08 June 2017 granted 2,930 stock grants to the Eligible Employee under the Godrej Properties Limited Employee Stock Grant Scheme, 2011 (GPL ESGS).

Powered by Capital Market - Live News

ICICI Bank allots 13,08,775 equity shares
Jun 09,2017

ICICI Bank has allotted 13,08,775 equity shares under ESOS on 09 June 2017.

Powered by Capital Market - Live News

Shriram Transport Finance Company allots NCDs aggregating Rs 350 crore
Jun 09,2017

Shriram Transport Finance Company has allotted 3500 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs.10 lakh each, aggregating to Rs. 350 crore on private placement basis.

Powered by Capital Market - Live News

TCS recognised as Leader for 4th consecutive year
Jun 09,2017

Tata Consultancy Services announced that it has been recognised as a Leader for the fourth consecutive year in Everest Groups report, Independent Testing Services - PEAK Matrix Assessment & Profiles Compedium, May 2017.

Powered by Capital Market - Live News

Aurionpro Solution announces of appointment of Cybernics Chief Strategy Officer
Jun 09,2017

Cybernic, an Aurionpro Company, specialising in cyber security solutions globally and headquartered in San Romano, California announced that it has appointed Romi Randhawa as Chief Strategy Officer.

Powered by Capital Market - Live News

Ecron Acunova to offer end-to-end capabilities as Navitas Life Sciences
Jun 09,2017

Take Solutions intimated that its subsidiary Ecron Acunova and a globally recognised full service CRO with Clinical and Bioavailablity/ Bioequivalence expertise, announced that it would be consolidating its capabilities with TAKEs niche Life Sciences brand Navitas and Intelnet to form a unified go to market brand - Navitas Life Sciences.

Powered by Capital Market - Live News

Poly Medicure appoints COO
Jun 09,2017

Poly Medicure has appointed Neeraj Raghuvanshi has joined the Company as Chief Operating Officer (COO) from 02 June 2017.

Powered by Capital Market - Live News

SREI Infra extends Thursdays gains
Jun 09,2017

Meanwhile, the S&P BSE Sensex was up 48.70 points, or 0.16% at 31,262.06. The S&P BSE Mid-Cap index was up 40.94 points, or 0.28% at 14,875.36.

On the BSE, 4.58 lakh shares were traded on the counter so far as against the average daily volumes of 5.97 lakh shares in the past one quarter. The stock had hit a high of Rs 115.70 and a low of Rs 110 so far during the day. The stock had hit a 52-week high of Rs 116.40 on 15 May 2017 and a 52-week low of Rs 58.10 on 13 June 2016.

The stock had underperformed the market over the past one month till 8 June 2017, falling 2.27% compared with 3.19% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 20.07% as against Sensexs 7.83% rise. The scrip also outperformed the market in past one year, surging 85.47% as against Sensexs 16.63% rise.

The mid-cap company has equity capital of Rs 503.09 crore. Face value per share is Rs 10.

Shares of SREI Infrastructure Finance had gained 4.22% to settle at Rs 109.80 yesterday, 8 June 2017. The gains were triggered after SREI Infrastructure Finance during market hours yesterday, 8 June 2017 announced that it has signed a Memorandum of Understanding (MoU) with Vnesheconombank to create a $200 million IT and Innovation Fund.

The fund will promote cooperation between India and Russia in the fields of IT technology and innovation. The fund also aims to explore investment opportunities in technology companies in Russia, India and other selected regions.

​​Vnesheconombank is a Russian state development institution, which operates to enhance competitiveness of the Russian economy, diversify it and stimulate investment activity.

SREI Infrastructure Finances consolidated net profit spurted 205.31% to Rs 62.71 crore on 60.07% increase in total income to Rs 1310.41 crore in Q4 March 2017 over Q4 March 2016.

SREI Infrastructure Finance is a leading integrated infrastructure financing conglomerate in India with around $5.5 billion of consolidated assets under its management. The companys businesses including infrastructure finance, advisory and development, infrastructure equipment finance, alternative investment funds, capital markets and insurance broking.

Powered by Capital Market - Live News

Volumes jump at La Opala RG counter
Jun 09,2017

La Opala RG clocked volume of 2.53 lakh shares by 14:51 IST on BSE, a 137.47-times surge over two-week average daily volume of 2,000 shares. The stock shed 0.13% to Rs 552.55.

Max India notched up volume of 10.47 lakh shares, a 107.18-fold surge over two-week average daily volume of 10,000 shares. The stock rose 1.91% to Rs 154.90.

Ratnamani Metals & Tubes saw volume of 1.01 lakh shares, a 71.65-fold surge over two-week average daily volume of 1,000 shares. The stock rose 3.76% to Rs 755.

UFO Moviez India clocked volume of 1.93 lakh shares, a 24.10-fold surge over two-week average daily volume of 8,000 shares. The stock was trading unchanged at Rs 379.60.

Sinclairs Hotels saw volume of 9.91 lakh shares, a 24.03-fold rise over two-week average daily volume of 41,000 shares. The stock dropped 8.73% to Rs 309.35.

Powered by Capital Market - Live News

MTNL spurts on assets monetisation plan
Jun 09,2017

The clarification was issued during trading hours today, 9 June 2017.

Meanwhile, the S&P BSE Sensex was down 5.07 points, or 0.02% to 31,208.29.

On the BSE, 22.70 lakh shares were traded in the counter so far, compared with average daily volumes of 7.27 lakh shares in the past one quarter. The stock had hit a high of Rs 23.20 and a low of Rs 21.10 so far during the day. The stock hit a 52-week high of Rs 27.50 on 25 April 2017. The stock hit a 52-week low of Rs 15 on 22 November 2016.

The stock had underperformed the market over the past one month till 8 June 2017, falling 15.80% compared with 3.19% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.55% as against Sensexs 7.83% rise. The scrip had also underperformed the market in past one year, rising 4.47% as against Sensexs 16.63% rise.

The small-cap company has equity capital of Rs 630 crore. Face value per share is Rs 10.

Mahanagar Telephone Nigam (MTNL) clarified on media report regarding raising of Rs 4000 crore and a potential sale of Delhi, Mumbai properties.

MTNL said that in order to revive the company and come out of the debt, the management of MTNL is considering the proposal for assets monetisation through lease/sale of real estate/buildings, lease/sale of towers, ducts, etc.

The proceeds of assets monetization can be utilised for debt reduction. For this, the company has requested the Department of Telecommunications (DoT) to grant necessary approval. As and when any such approval comes from DoT, the company will inform the stock exchanges accordingly.

MTNL reported net loss of Rs 634.80 crore in Q4 March 2017 as against net profit of Rs 188.63 crore in Q4 March 2016. Net sales declined 13.31% to Rs 705.17 crore in Q4 March 2017 over Q4 March 2016.

State-run MTNL provides telecommunication services. The Government of India currently holds 56.25% stake in MTNL (as per the shareholding pattern as on 31 March 2017).

Powered by Capital Market - Live News

MTNL spurts on asset monetisation plan
Jun 09,2017

The clarification was issued during trading hours today, 9 June 2017.

Meanwhile, the S&P BSE Sensex was down 5.07 points, or 0.02% to 31,208.29.

On the BSE, 22.70 lakh shares were traded in the counter so far, compared with average daily volumes of 7.27 lakh shares in the past one quarter. The stock had hit a high of Rs 23.20 and a low of Rs 21.10 so far during the day. The stock hit a 52-week high of Rs 27.50 on 25 April 2017. The stock hit a 52-week low of Rs 15 on 22 November 2016.

The stock had underperformed the market over the past one month till 8 June 2017, falling 15.80% compared with 3.19% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 13.55% as against Sensexs 7.83% rise. The scrip had also underperformed the market in past one year, rising 4.47% as against Sensexs 16.63% rise.

The small-cap company has equity capital of Rs 630 crore. Face value per share is Rs 10.

Mahanagar Telephone Nigam (MTNL) clarified on media report regarding raising of Rs 4000 crore and a potential sale of Delhi, Mumbai properties.

MTNL said that in order to revive the company and come out of the debt, the management of MTNL is considering the proposal for assets monetisation through lease/sale of real estate/buildings, lease/sale of towers, ducts, etc.

The proceeds of assets monetization can be utilised for debt reduction. For this, the company has requested the Department of Telecommunications (DoT) to grant necessary approval. As and when any such approval comes from DoT, the company will inform the stock exchanges accordingly.

MTNL reported net loss of Rs 634.80 crore in Q4 March 2017 as against net profit of Rs 188.63 crore in Q4 March 2016. Net sales declined 13.31% to Rs 705.17 crore in Q4 March 2017 over Q4 March 2016.

State-run MTNL provides telecommunication services. The Government of India currently holds 56.25% stake in MTNL (as per the shareholding pattern as on 31 March 2017).

Powered by Capital Market - Live News

Aarvee Denims slips after shutting Ahmedabad unit
Jun 09,2017

The announcement was made after trading hours yesterday, 8 June 2017.

Meanwhile, the S&P BSE Sensex was down 16.87 points, or 0.05% to 31,196.49.

On the BSE, 649 shares were traded in the counter so far, compared with average daily volumes of 5,042 shares in the past one quarter. The stock had hit a high of Rs 62 and a low of Rs 60.30 so far during the day. The stock hit a 52-week high of Rs 110.90 on 1 November 2016. The stock hit a 52-week low of Rs 57.05 on 30 May 2017.

The stock had underperformed the market over the past one month till 8 June 2017, falling 12.08% compared with 3.19% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 14.60% as against Sensexs 7.83% rise. The scrip had also underperformed the market in past one year, rising 4.95% as against Sensexs 16.63% rise.

The small-cap company has equity capital of Rs 23.46 crore. Face value per share is Rs 10.

Aarvee Denims & Exports announced that one of manufacturing unit situated at Narol in Ahmedabad has been closed with effect from 6 June 2017 due to closure notice issued by Gujarat Pollution Control Board (GPCB) for safety and health concerns.

The company said it is taking all the necessary steps to re-start the manufacturing unit at earliest by taking remedial measures as directed by GPCB.

Aarvee Denims & Exports reported net loss of Rs 1.30 crore in Q4 March 2017 as against net profit of Rs 3.35 crore in Q4 March 2016. Net sales rose 16.8% to Rs 265.37 crore in Q4 March 2017 over Q4 March 2016.

Aarvee Denims and Exports is a leading global player in the textile industry.

Powered by Capital Market - Live News

MMTC reverses upmove on profit booking
Jun 09,2017

Meanwhile, the S&P BSE Sensex was down 23.03 points, or 0.07%, to 31,150.72. The BSE Mid-Cap index was down 5.75 points or 0.04% at 14,828.67.

On the BSE, so far 4.02 lakh shares were traded in the counter, compared with average daily volumes of 3.15 lakh shares in the past one quarter. The stock had hit a high of Rs 63.20 and a low of Rs 61 so far during the day. The stock hit a 52-week high of Rs 73.85 on 12 January 2017. The stock hit a 52-week low of Rs 36.60 on 7 June 2016.

The stock had underperformed the market over the past one month till 8 June 2017, falling 4.76% compared with 3.19% rise in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 8.24% as against Sensexs 7.83% rise. The scrip, however, outperformed the market in past one year, surging 38.88% as against Sensexs 16.63% rise.

The mid-cap company has equity capital of Rs 100 crore. Face value per share is Re 1.

MMTC reported net loss of Rs 20.82 crore in Q4 March 2017 as compared with net profit of Rs 20.88 crore in Q4 March 2016. Total income rose 25.97% to Rs 2545.37 crore in Q4 March 2017 over Q4 March 2016.

MMTC is a leading international trading company. Government of India (GoI) held 89.927% stake in MMTC (as per the shareholding pattern as on 31 March 2017).

Powered by Capital Market - Live News

GST Council constitutes 18 Sectoral Groups for smooth roll-out of GST
Jun 09,2017

As decided in the 14th Meeting of the GST Council held on 18th-19th May, 2017 in Srinagar, J&K, 18 Sectoral Groups have been constituted representing various sectors of the economy in order to ensure smooth roll-out of GST. These 18 Sectoral Groups representing various sectors of the economy and containing Senior Officers of the Centre and the States are being set-up to ensure smooth implementation of GST by timely responding to the issues and problems of their respective Sector(s).

In fact, they are being with the following objectives:

i) Interact and examine representations received from trade and industry associations/bodies of their respective sector.

ii) Highlight specific issues for the smooth transition of the respective sector to the GST regime.

iii) Prepare sector specific draft guidance.

These Sectoral Working Groups consist of Senior Officers from the Centre and the States.

Powered by Capital Market - Live News