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

Saven Technologies standalone net profit declines 8.93% in the December 2016 quarter
Feb 02,2017

Net profit of Saven Technologies declined 8.93% to Rs 0.51 crore in the quarter ended December 2016 as against Rs 0.56 crore during the previous quarter ended December 2015. Sales rose 10.73% to Rs 2.58 crore in the quarter ended December 2016 as against Rs 2.33 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.582.33 11 OPM %20.5426.61 - PBDT0.840.86 -2 PBT0.760.78 -3 NP0.510.56 -9

Powered by Capital Market - Live News

Hindusthan Urban Infrastructure reports standalone net loss of Rs 1.68 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Hindusthan Urban Infrastructure reported to Rs 1.68 crore in the quarter ended December 2016 as against net loss of Rs 4.45 crore during the previous quarter ended December 2015. Sales declined 3.01% to Rs 159.69 crore in the quarter ended December 2016 as against Rs 164.65 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales159.69164.65 -3 OPM %5.745.00 - PBDT0.26-0.56 LP PBT-3.55-3.82 7 NP-1.68-4.45 62

Powered by Capital Market - Live News

Sharda Motor Industries standalone net profit rises 11.10% in the December 2016 quarter
Feb 02,2017

Net profit of Sharda Motor Industries rose 11.10% to Rs 12.01 crore in the quarter ended December 2016 as against Rs 10.81 crore during the previous quarter ended December 2015. Sales rose 5.98% to Rs 249.09 crore in the quarter ended December 2016 as against Rs 235.04 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales249.09235.04 6 OPM %12.6711.32 - PBDT31.9227.67 15 PBT17.4816.39 7 NP12.0110.81 11

Powered by Capital Market - Live News

Tea Time standalone net profit rises 200.00% in the December 2016 quarter
Feb 02,2017

Net profit of Tea Time rose 200.00% to Rs 0.12 crore in the quarter ended December 2016 as against Rs 0.04 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

Powered by Capital Market - Live News

Share of Nuclear Energy in Electricity Generation was about 3.4% in the year 2015-16
Feb 02,2017

The share of nuclear power in the total electricity generation in the country was about 3.4% in the year 2015-16.

The share of nuclear power in total electricity generation is planned to be progressively increased by addition of nuclear power capacity. The present capacity of 5780 MW will reach 6780 MW by the end of this financial year, with the commercial operation of Kudankulam Unit-2, which is already generating infirm power at the rated capacity. The capacity is expected to reach 9580 MW by 2020 on progressive completion of projects under construction and about 12980 MW by 2024 on completion of new projects accorded sanction. A large expansion programme based on both indigenous technologies and with foreign technical cooperation is planned in future.

Powered by Capital Market - Live News

NECLO completes sale of its UGS business
Feb 02,2017

NELCO has complete the required formalities for sale of Unattended Ground Sensors (UGS) business to Tata Power Company.

Powered by Capital Market - Live News

Globus Spirits standalone net profit declines 40.40% in the December 2016 quarter
Feb 02,2017

Net profit of Globus Spirits declined 40.40% to Rs 2.08 crore in the quarter ended December 2016 as against Rs 3.49 crore during the previous quarter ended December 2015. Sales rose 12.58% to Rs 220.01 crore in the quarter ended December 2016 as against Rs 195.43 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales220.01195.43 13 OPM %7.499.58 - PBDT14.4114.51 -1 PBT5.004.42 13 NP2.083.49 -40

Powered by Capital Market - Live News

Glenmark Pharmaceuticals standalone net profit rises 170.28% in the December 2016 quarter
Feb 02,2017

Net profit of Glenmark Pharmaceuticals rose 170.28% to Rs 711.31 crore in the quarter ended December 2016 as against Rs 263.18 crore during the previous quarter ended December 2015. Sales rose 52.77% to Rs 2114.95 crore in the quarter ended December 2016 as against Rs 1384.37 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2114.951384.37 53 OPM %39.9325.30 - PBDT901.23338.91 166 PBT874.89313.76 179 NP711.31263.18 170

Powered by Capital Market - Live News

Modex International Securities standalone net profit rises 2750.00% in the December 2016 quarter
Feb 02,2017

Net profit of Modex International Securities rose 2750.00% to Rs 0.57 crore in the quarter ended December 2016 as against Rs 0.02 crore during the previous quarter ended December 2015. Sales rose 192.61% to Rs 5.15 crore in the quarter ended December 2016 as against Rs 1.76 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales5.151.76 193 OPM %17.4813.64 - PBDT0.760.14 443 PBT0.570.02 2750 NP0.570.02 2750

Powered by Capital Market - Live News

Sri Nachammai Cotton Mills reports standalone net loss of Rs 0.18 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Sri Nachammai Cotton Mills reported to Rs 0.18 crore in the quarter ended December 2016 as against net loss of Rs 1.27 crore during the previous quarter ended December 2015. Sales declined 17.55% to Rs 29.50 crore in the quarter ended December 2016 as against Rs 35.78 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales29.5035.78 -18 OPM %6.312.96 - PBDT0.73-0.27 LP PBT-0.18-1.27 86 NP-0.18-1.27 86

Powered by Capital Market - Live News

GE Power India reports standalone net profit of Rs 121.42 crore in the December 2016 quarter
Feb 02,2017

Net profit of GE Power India reported to Rs 121.42 crore in the quarter ended December 2016 as against net loss of Rs 54.01 crore during the previous quarter ended December 2015. Sales rose 107.51% to Rs 801.23 crore in the quarter ended December 2016 as against Rs 386.12 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales801.23386.12 108 OPM %21.61-24.45 - PBDT201.07-65.16 LP PBT187.11-83.11 LP NP121.42-54.01 LP

Powered by Capital Market - Live News

Asit C Mehta Financial Services reports standalone net profit of Rs 0.01 crore in the December 2016 quarter
Feb 02,2017

Net profit of Asit C Mehta Financial Services reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.65 crore during the previous quarter ended December 2015. Sales rose 115.38% to Rs 1.68 crore in the quarter ended December 2016 as against Rs 0.78 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1.680.78 115 OPM %77.3829.49 - PBDT0.35-0.57 LP PBT0.01-0.68 LP NP0.01-0.65 LP

Powered by Capital Market - Live News

Tata Power Company completes acquisition of NELCOs defence business division
Feb 02,2017

Tata Power Company has completed the formalities for the purchase of NELCOs defence business of Unattended Ground Sensors.

Powered by Capital Market - Live News

Redington India standalone net profit declines 7.00% in the December 2016 quarter
Feb 02,2017

Net profit of Redington India declined 7.00% to Rs 48.92 crore in the quarter ended December 2016 as against Rs 52.60 crore during the previous quarter ended December 2015. Sales rose 33.38% to Rs 4193.63 crore in the quarter ended December 2016 as against Rs 3144.22 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales4193.633144.22 33 OPM %2.163.15 - PBDT79.0081.80 -3 PBT76.2179.35 -4 NP48.9252.60 -7

Powered by Capital Market - Live News

Rajshree Sugars & Chemicals reports standalone net loss of Rs 11.89 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Rajshree Sugars & Chemicals reported to Rs 11.89 crore in the quarter ended December 2016 as against net loss of Rs 15.55 crore during the previous quarter ended December 2015. Sales rose 15.54% to Rs 169.40 crore in the quarter ended December 2016 as against Rs 146.62 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales169.40146.62 16 OPM %4.170.38 - PBDT-10.73-15.96 33 PBT-17.21-22.49 23 NP-11.89-15.55 24

Powered by Capital Market - Live News