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

PPAP Automotive standalone net profit rises 15.82% in the September 2016 quarter
Oct 28,2016

Net profit of PPAP Automotive rose 15.82% to Rs 5.27 crore in the quarter ended September 2016 as against Rs 4.55 crore during the previous quarter ended September 2015. Sales rose 1.82% to Rs 81.65 crore in the quarter ended September 2016 as against Rs 80.19 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales81.6580.19 2 OPM %18.5518.28 - PBDT14.0512.72 10 PBT8.056.95 16 NP5.274.55 16

Powered by Capital Market - Live News

Glenmark Pharmaceuticals standalone net profit rises 49.35% in the September 2016 quarter
Oct 28,2016

Net profit of Glenmark Pharmaceuticals rose 49.35% to Rs 555.83 crore in the quarter ended September 2016 as against Rs 372.17 crore during the previous quarter ended September 2015. Sales rose 29.58% to Rs 2033.97 crore in the quarter ended September 2016 as against Rs 1569.69 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2033.971569.69 30 OPM %38.4129.99 - PBDT733.13488.74 50 PBT707.33463.69 53 NP555.83372.17 49

Powered by Capital Market - Live News

Gokaldas Exports reports standalone net loss of Rs 27.77 crore in the September 2016 quarter
Oct 28,2016

Net loss of Gokaldas Exports reported to Rs 27.77 crore in the quarter ended September 2016 as against net profit of Rs 5.04 crore during the previous quarter ended September 2015. Sales declined 38.91% to Rs 170.90 crore in the quarter ended September 2016 as against Rs 279.73 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales170.90279.73 -39 OPM %-12.430.60 - PBDT-23.48-3.02 -677 PBT-27.77-8.31 -234 NP-27.775.04 PL

Powered by Capital Market - Live News

United Spirits standalone net profit rises 15.86% in the September 2016 quarter
Oct 28,2016

Net profit of United Spirits rose 15.86% to Rs 82.54 crore in the quarter ended September 2016 as against Rs 71.24 crore during the previous quarter ended September 2015. Sales rose 7.69% to Rs 2037.70 crore in the quarter ended September 2016 as against Rs 1892.26 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2037.701892.26 8 OPM %10.1916.57 - PBDT147.49209.61 -30 PBT114.31185.54 -38 NP82.5471.24 16

Powered by Capital Market - Live News

Bharat Electronics standalone net profit rises 68.21% in the September 2016 quarter
Oct 28,2016

Net profit of Bharat Electronics rose 68.21% to Rs 346.25 crore in the quarter ended September 2016 as against Rs 205.85 crore during the previous quarter ended September 2015. Sales rose 15.14% to Rs 1755.89 crore in the quarter ended September 2016 as against Rs 1524.98 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1755.891524.98 15 OPM %19.2711.84 - PBDT509.56311.92 63 PBT464.07271.20 71 NP346.25205.85 68

Powered by Capital Market - Live News

Schablona India reports standalone net loss of Rs 1.22 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Schablona India reported to Rs 1.22 crore in the quarter ended September 2016 as against net loss of Rs 1.61 crore during the previous quarter ended September 2015. Sales declined 32.51% to Rs 4.92 crore in the quarter ended September 2016 as against Rs 7.29 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales4.927.29 -33 OPM %-16.46-15.78 - PBDT-1.10-1.48 26 PBT-1.22-1.59 23 NP-1.22-1.61 24

Powered by Capital Market - Live News

Jubilant Life Sciences standalone net profit declines 53.26% in the September 2016 quarter
Oct 28,2016

Net profit of Jubilant Life Sciences declined 53.26% to Rs 24.12 crore in the quarter ended September 2016 as against Rs 51.61 crore during the previous quarter ended September 2015. Sales declined 18.69% to Rs 566.23 crore in the quarter ended September 2016 as against Rs 696.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales566.23696.40 -19 OPM %13.4912.28 - PBDT55.2271.50 -23 PBT35.0349.30 -29 NP24.1251.61 -53

Powered by Capital Market - Live News

Essel Propack standalone net profit declines 72.40% in the September 2016 quarter
Oct 28,2016

Net profit of Essel Propack declined 72.40% to Rs 16.94 crore in the quarter ended September 2016 as against Rs 61.38 crore during the previous quarter ended September 2015. Sales rose 15.63% to Rs 201.83 crore in the quarter ended September 2016 as against Rs 174.55 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales201.83174.55 16 OPM %20.3420.99 - PBDT39.9235.94 11 PBT24.9323.44 6 NP16.9461.38 -72

Powered by Capital Market - Live News

Glenmark Pharmaceuticals consolidated net profit rises 3.46% in the September 2016 quarter
Oct 28,2016

Net profit of Glenmark Pharmaceuticals rose 3.46% to Rs 223.59 crore in the quarter ended September 2016 as against Rs 216.11 crore during the previous quarter ended September 2015. Sales rose 15.67% to Rs 2173.18 crore in the quarter ended September 2016 as against Rs 1878.74 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2173.181878.74 16 OPM %20.6521.49 - PBDT384.06361.94 6 PBT315.36302.93 4 NP223.59216.11 3

Powered by Capital Market - Live News

Emami consolidated net profit rises 9.22% in the September 2016 quarter
Oct 28,2016

Net profit of Emami rose 9.22% to Rs 66.11 crore in the quarter ended September 2016 as against Rs 60.53 crore during the previous quarter ended September 2015. Sales rose 10.22% to Rs 583.60 crore in the quarter ended September 2016 as against Rs 529.50 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales583.60529.50 10 OPM %30.0328.75 - PBDT167.90145.29 16 PBT88.8674.10 20 NP66.1160.53 9

Powered by Capital Market - Live News

Moschip Semiconductor Technology reports consolidated net profit of Rs 0.36 crore in the September 2016 quarter
Oct 28,2016

Net profit of Moschip Semiconductor Technology reported to Rs 0.36 crore in the quarter ended September 2016 as against net loss of Rs 1.41 crore during the previous quarter ended September 2015. Sales rose 605.05% to Rs 6.98 crore in the quarter ended September 2016 as against Rs 0.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales6.980.99 605 OPM %9.31-92.93 - PBDT0.40-1.46 LP PBT0.36-1.56 LP NP0.36-1.41 LP

Powered by Capital Market - Live News

Adlabs Entertainment reports standalone net loss of Rs 43.95 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Adlabs Entertainment reported to Rs 43.95 crore in the quarter ended September 2016 as against net loss of Rs 35.44 crore during the previous quarter ended September 2015. Sales rose 5.22% to Rs 34.49 crore in the quarter ended September 2016 as against Rs 32.78 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales34.4932.78 5 OPM %3.13-19.28 - PBDT-28.59-32.85 13 PBT-52.90-54.36 3 NP-43.95-35.44 -24

Powered by Capital Market - Live News

Mega Nirman & Industries reports standalone nil net profit/loss in the September 2016 quarter
Oct 28,2016

Mega Nirman & Industries reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. Sales rose 200.00% to Rs 0.06 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.060.02 200 OPM %00 - PBDT00 0 PBT00 0 NP00 0

Powered by Capital Market - Live News

Duke Offshore reports standalone net loss of Rs 0.78 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Duke Offshore reported to Rs 0.78 crore in the quarter ended September 2016 as against net loss of Rs 0.79 crore during the previous quarter ended September 2015. Sales rose 60.00% to Rs 0.08 crore in the quarter ended September 2016 as against Rs 0.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.080.05 60 OPM %-637.50-1120.00 - PBDT-0.50-0.53 6 PBT-0.78-0.79 1 NP-0.78-0.79 1

Powered by Capital Market - Live News

Tivoli Construction reports standalone nil net profit/loss in the September 2016 quarter
Oct 28,2016

Tivoli Construction reported no net profit/loss in the quarter ended September 2016 and 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