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

Jubilant Life Sciences to pay dividend
May 23,2017

Jubilant Life Sciences announced that dividend, if approved by the shareholders at the ensuing Annual General Meeting of the Company, will be paid / dispatched on or before 27 September 2017.

Powered by Capital Market - Live News

Board of Shailja Commercial Trade Frenzy approves sub-division of shares
May 23,2017

Shailja Commercial Trade Frenzy announced that the Board of Directors of the Company at their meeting held on 23 May 2017, inter alia, has considered and approved the following:

- Splitting of the Face Value of Equity Shares from Rs. 10 to Re 1.

Powered by Capital Market - Live News

Goodricke Group to pay dividend
May 23,2017

Goodricke Group announced that dividend, if approved by the shareholders shall be paid on or after 04 August 2017.

Powered by Capital Market - Live News

Govt. of India launches Energy Efficient Buildings Programme EESL to invest Rs 1,000 crore by 2020 under buildings programme
May 23,2017

Shri Piyush Goyal, Minister of State (I/C) for Power, New & Renewable Energy, Coal and Mines, Govt. of India launched the Energy Efficient Buildings programme in a function jointly organized by FICCI and EESL. The scheme will be implemented by Energy Efficiency Services Limited (EESL), a JV under the administration of Ministry of Power, Government of India. EESL also signed a MoU with PWD Maharashtra to retrofit 1500 buildings under PWD in Maharashtra with energy efficient appliances.

Under the Energy Efficient Buildings programme EESL intends to bring investment to the tune of Rs 1000 crore covering more than 10,000 large government/private buildings in next 2-3 years. It is estimated that about 1 crore LED lights, 15 lakh energy efficient ceiling fans and 1.5 lakh energy efficient ACs will be retrofitted by EESL in these buildings. Apart from retrofitting, EESL also aims to widen its services in areas like centralized AC system, Energy Audits and New Generation Energy Management System in buildings.

Shri Piyush Goyal said, n++The National Buildings Energy Efficiency programme has the potential to reduce not only cost and energy consumption but significantly contribute to management of peak demand. There is no dearth of opportunities in energy efficiency and the Buildings programme is one such opportunity we should not let go. Maharashtra is a leader in managing the states power demand. We are confident that their ingenuity along with EESLs capability will exceed the project savings. The National Building Dashboard is also an effective tool to not only measure savings real-time but demonstrate the transparency in implementation of projects.n++

He added, that n++Today, India is coal surplus, power surplus and with the National Buildings Energy Efficiency programme, Maharashtra will lead the country in demand side management. No other state has taken up such a grand initiative to make buildings energy efficient.n++

Shri Chandrakant Dada Patil, who also chaired the event, said, n++All government buildings should be green buildings. We are very proud to be associated with EESL for retrofitting energy efficient appliances in 1500 buildings across the state. This is just the beginning and we will move to installing solar roof-top panels in these buildings.n++

The Energy Efficient Buildings Programme has two business models. The ESCO (Energy Servicing Company) model, where the entire upfront investment is done by EESL which is paid back by the building owner from the energy saving resulted by the intervention. The other model is PMC (Project management consultancy), where onetime payment cost of services is paid to EESL who then support the complete project implementation.

Mr. Jaspal Bindra, Chairman FICCI, Maharashtra State Council said, n++Not only is bringing in energy efficiency critical for the Power sector as a whole, but it contributes a long way towards meeting Indias climate change obligations, improving the financial health of end user entities, particularly electricity distribution companies.n++

Mr. Saurabh Kumar, Managing Director, EESL said, n++This is a momentous day for EESL where we are expanding our energy efficiency initiative to cover buildings. We have already started retrofitting numerous government buildings as a pilot to the programme. Through this programme we want to bring in uniformity and obviate the need for state/central governments to allocate capital expenditure for building upgrade. The money saved from this intervention can be used for social welfare. It has been established that energy efficiency is good for all and it is essential for manufacturing unit, large facilities and buildings where we can save energy in huge numbers.n++

The EESL agreement with PWD of Government of Maharashtra will attract an investment of about Rs 325 crore and is expected to complete between 2017-2019. EESL under this intervention will replace about 7,000 energy efficient ACs, 11 lakh LED lights and 6 lakh energy efficient ceiling fans, 14,000 streetlights which will lead to an energy savings of 100 MU, a 39 percent reduction in energy savings through retrofitting.

Shri SP Garnaik, Chief General Manager (Tech), EESL said, n++The launch of the Energy Efficient Building Programme is very timely as people around the world have realized that energy efficiency is the need of the hour. In India, the building sector accounts for approximately 30-35 percent of the total energy consumption and is growing at a rate of 8% annually therefore a big push is needed in this direction.n++

EESL is also looking at similar intervention in Odisha, Himachal Pradesh, Gujarat and Andhra Pradesh to retrofit energy efficient appliances in 2000 more buildings. EESL will further widen its activities in corporate buildings, government/private establishments, PSUs etc. Apart from projects in government buildings in about 10 states, works have been initiated in 868 railway stations by EESL to replace existing inefficient lighting, ACs and ceiling fans.

EESL has recently retrofitted energy efficient appliances in NITI Aayog, Nirman Bhawan, Sardar Patel Bhawan, Shastri Bhawan, J&K Assembly, Jammu Secretariat, Vidyut Bhawan, Rajiv Chowk Metro station etc. where LED lights, BEE rated 5-star ACs and ceiling fans etc have been retrofitted. EESL has so far installed about 94,000 LED lights, 3000 energy efficient ACs and over 400 energy efficient ceiling fans in these buildings.

Powered by Capital Market - Live News

Australia Stocks fall on weaker banks, miners
May 23,2017

Australian equity market closed session down on Tuesday, 23 May 2017, as losses in shares of financials and iron miners were more than offset by gains in healthcare and consumer stocks. The benchmark index ended down 11 points, or 0.2%, at 5760.20.

Powered by Capital Market - Live News

China Stocks fall as regulatory concerns linger
May 23,2017

The Mainland China equity market closed down for second straight session on Tuesday, 23 May 2017, due to lingering concerns over policy tightening steps. The Shanghai Composite Index lost 0.4% to 3,061.95 points. The blue-chip CSI300 index rose 0.4%, to 3,424.19 points.

Over the past two months investors have been grappling with a regulatory crackdown on risky lending practices and a shift toward more tighter policy as Beijing stepped up measures to defuse financial risks. An advisor with the Peoples Bank of China (PBOC) said the central bank will continue to implement reasonable adjustments to monetary policy. The China Insurance Regulatory Commission said it will prioritize risk control and further enhance supervision of insurance companies.

Powered by Capital Market - Live News

Hong Kong Stocks edge up
May 23,2017

The Hong Kong stock market finished session slight higher on Tuesday, 23 May 2017, buoyed by positive lead from Wall Street overnight and strong money flows from mainland China via two cross-border investment schemes. Data from brokerage Jefferies Hong Kong showed Chinese investors spent net HK$12 billion ($1.54 billion) buying Hong Kong stocks last week via the Shenzhen-Hong Kong Stock Connect, marking the biggest inflow so far this year, and the 22nd week of net buying. The Hang Seng Index ended up 11 points to 25,403. The H-share index also rose 20 points to 10,395. Turnover increased to HK$84.8 billion from HK$81.85 billion on Monday.

Powered by Capital Market - Live News

TRF reports consolidated net profit of Rs 7.83 crore in the March 2017 quarter
May 23,2017

Net profit of TRF reported to Rs 7.83 crore in the quarter ended March 2017 as against net loss of Rs 2.87 crore during the previous quarter ended March 2016. Sales declined 23.11% to Rs 297.69 crore in the quarter ended March 2017 as against Rs 387.14 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 24.10 crore in the year ended March 2017 as against net loss of Rs 40.94 crore during the previous year ended March 2016. Sales declined 0.43% to Rs 965.06 crore in the year ended March 2017 as against Rs 969.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales297.69387.14 -23 965.06969.24 0 OPM %0.712.90 -0.501.60 - PBDT-4.661.16 PL -38.69-28.89 -34 PBT-7.04-1.30 -442 -48.08-38.54 -25 NP7.83-2.87 LP -24.10-40.94 41

Powered by Capital Market - Live News

Bambino Agro Industries reports standalone net loss of Rs 1.55 crore in the March 2017 quarter
May 23,2017

Net loss of Bambino Agro Industries reported to Rs 1.55 crore in the quarter ended March 2017 as against net profit of Rs 0.72 crore during the previous quarter ended March 2016. Sales declined 43.58% to Rs 34.23 crore in the quarter ended March 2017 as against Rs 60.67 crore during the previous quarter ended March 2016.

For the full year,net profit declined 47.20% to Rs 3.39 crore in the year ended March 2017 as against Rs 6.42 crore during the previous year ended March 2016. Sales declined 22.94% to Rs 207.92 crore in the year ended March 2017 as against Rs 269.81 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales34.2360.67 -44 207.92269.81 -23 OPM %0.357.17 -7.958.79 - PBDT-1.631.33 PL 7.8011.95 -35 PBT-2.320.76 PL 5.059.36 -46 NP-1.550.72 PL 3.396.42 -47

Powered by Capital Market - Live News

K G Denim standalone net profit declines 95.46% in the March 2017 quarter
May 23,2017

Net profit of K G Denim declined 95.46% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 7.49 crore during the previous quarter ended March 2016. Sales declined 6.77% to Rs 140.43 crore in the quarter ended March 2017 as against Rs 150.62 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.49% to Rs 24.18 crore in the year ended March 2017 as against Rs 21.12 crore during the previous year ended March 2016. Sales declined 4.86% to Rs 612.71 crore in the year ended March 2017 as against Rs 644.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales140.43150.62 -7 612.71644.04 -5 OPM %7.9417.28 -12.2112.76 - PBDT8.8120.98 -58 52.5755.86 -6 PBT5.2013.90 -63 38.7935.38 10 NP0.347.49 -95 24.1821.12 14

Powered by Capital Market - Live News

Aarti Drugs standalone net profit rises 19.58% in the March 2017 quarter
May 23,2017

Net profit of Aarti Drugs rose 19.58% to Rs 20.46 crore in the quarter ended March 2017 as against Rs 17.11 crore during the previous quarter ended March 2016. Sales declined 9.21% to Rs 269.61 crore in the quarter ended March 2017 as against Rs 296.95 crore during the previous quarter ended March 2016.

For the full year,net profit rose 11.99% to Rs 74.24 crore in the year ended March 2017 as against Rs 66.29 crore during the previous year ended March 2016. Sales rose 1.68% to Rs 1088.72 crore in the year ended March 2017 as against Rs 1070.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales269.61296.95 -9 1088.721070.74 2 OPM %17.0114.73 -16.3216.04 - PBDT37.7632.48 16 143.23128.42 12 PBT29.0623.41 24 106.5492.84 15 NP20.4617.11 20 74.2466.29 12

Powered by Capital Market - Live News

Sequent Scientific reports standalone net profit of Rs 3.23 crore in the March 2017 quarter
May 23,2017

Net profit of Sequent Scientific reported to Rs 3.23 crore in the quarter ended March 2017 as against net loss of Rs 0.32 crore during the previous quarter ended March 2016. Sales rose 8.21% to Rs 98.49 crore in the quarter ended March 2017 as against Rs 91.02 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.01 crore in the year ended March 2017 as against net profit of Rs 10.39 crore during the previous year ended March 2016. Sales declined 4.10% to Rs 378.40 crore in the year ended March 2017 as against Rs 394.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales98.4991.02 8 378.40394.59 -4 OPM %5.418.19 -3.559.00 - PBDT10.307.84 31 25.1634.64 -27 PBT3.23-0.25 LP -0.0110.46 PL NP3.23-0.32 LP -0.0110.39 PL

Powered by Capital Market - Live News

Advani Hotels & Resorts (India) standalone net profit declines 4.02% in the March 2017 quarter
May 23,2017

Net profit of Advani Hotels & Resorts (India) declined 4.02% to Rs 4.06 crore in the quarter ended March 2017 as against Rs 4.23 crore during the previous quarter ended March 2016. Sales rose 4.84% to Rs 17.97 crore in the quarter ended March 2017 as against Rs 17.14 crore during the previous quarter ended March 2016.

For the full year,net profit rose 37.34% to Rs 8.79 crore in the year ended March 2017 as against Rs 6.40 crore during the previous year ended March 2016. Sales rose 12.32% to Rs 59.64 crore in the year ended March 2017 as against Rs 53.10 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales17.9717.14 5 59.6453.10 12 OPM %37.4542.36 -28.7925.52 - PBDT7.157.21 -1 18.0513.43 34 PBT6.216.22 0 14.369.38 53 NP4.064.23 -4 8.796.40 37

Powered by Capital Market - Live News

TRF standalone net profit declines 75.83% in the March 2017 quarter
May 23,2017

Net profit of TRF declined 75.83% to Rs 3.95 crore in the quarter ended March 2017 as against Rs 16.34 crore during the previous quarter ended March 2016. Sales declined 35.60% to Rs 169.05 crore in the quarter ended March 2017 as against Rs 262.52 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 26.91 crore in the year ended March 2017 as against net loss of Rs 9.94 crore during the previous year ended March 2016. Sales declined 6.41% to Rs 505.83 crore in the year ended March 2017 as against Rs 540.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales169.05262.52 -36 505.83540.45 -6 OPM %-1.435.10 --1.882.18 - PBDT-6.4317.43 PL -45.15-5.20 -768 PBT-7.5516.34 PL -49.33-9.94 -396 NP3.9516.34 -76 -26.91-9.94 -171

Powered by Capital Market - Live News

Anshus Clothing reports standalone net loss of Rs 0.73 crore in the March 2017 quarter
May 23,2017

Net Loss of Anshus Clothing reported to Rs 0.73 crore in the quarter ended March 2017 as against net loss of Rs 0.07 crore during the previous quarter ended March 2016. Sales declined 88.00% to Rs 0.03 crore in the quarter ended March 2017 as against Rs 0.25 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1.02 crore in the year ended March 2017 as against net loss of Rs 0.20 crore during the previous year ended March 2016. Sales declined 82.61% to Rs 0.16 crore in the year ended March 2017 as against Rs 0.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.030.25 -88 0.160.92 -83 OPM %-3833.33-12.00 --768.75-5.43 - PBDT-1.15-0.03 -3733 -1.220.01 PL PBT-1.16-0.10 -1060 -1.45-0.29 -400 NP-0.73-0.07 -943 -1.02-0.20 -410

Powered by Capital Market - Live News