My Application Form Status

Check the status of your application form with 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

Star Delta Transformers reports standalone net loss of Rs 0.33 crore in the September 2016 quarter
Nov 11,2016

Net loss of Star Delta Transformers reported to Rs 0.33 crore in the quarter ended September 2016 as against net profit of Rs 0.94 crore during the previous quarter ended September 2015. Sales declined 41.77% to Rs 10.19 crore in the quarter ended September 2016 as against Rs 17.50 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales10.1917.50 -42 OPM %3.240 - PBDT0.341.36 -75 PBT0.141.14 -88 NP-0.330.94 PL

Powered by Capital Market - Live News

Akar Tools standalone net profit declines 4.84% in the September 2016 quarter
Nov 11,2016

Net profit of Akar Tools declined 4.84% to Rs 0.59 crore in the quarter ended September 2016 as against Rs 0.62 crore during the previous quarter ended September 2015. Sales declined 3.64% to Rs 46.65 crore in the quarter ended September 2016 as against Rs 48.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales46.6548.41 -4 OPM %6.956.75 - PBDT1.721.61 7 PBT0.940.95 -1 NP0.590.62 -5

Powered by Capital Market - Live News

Atlanta Devcon reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Atlanta Devcon reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.01 crore 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

Liberty Shoes standalone net profit declines 3.91% in the September 2016 quarter
Nov 11,2016

Net profit of Liberty Shoes declined 3.91% to Rs 1.72 crore in the quarter ended September 2016 as against Rs 1.79 crore during the previous quarter ended September 2015. Sales rose 4.66% to Rs 107.81 crore in the quarter ended September 2016 as against Rs 103.01 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales107.81103.01 5 OPM %8.639.11 - PBDT5.265.45 -3 PBT2.202.13 3 NP1.721.79 -4

Powered by Capital Market - Live News

Ashok Alco-Chem standalone net profit declines 85.37% in the September 2016 quarter
Nov 11,2016

Net profit of Ashok Alco-Chem declined 85.37% to Rs 0.60 crore in the quarter ended September 2016 as against Rs 4.10 crore during the previous quarter ended September 2015. Sales declined 59.87% to Rs 34.66 crore in the quarter ended September 2016 as against Rs 86.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales34.6686.37 -60 OPM %3.497.64 - PBDT1.086.58 -84 PBT0.836.36 -87 NP0.604.10 -85

Powered by Capital Market - Live News

Uniworth Textiles reports standalone net loss of Rs 0.95 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Uniworth Textiles reported to Rs 0.95 crore in the quarter ended September 2016 as against net loss of Rs 4.14 crore during the previous quarter ended September 2015. Sales rose 45.34% to Rs 11.22 crore in the quarter ended September 2016 as against Rs 7.72 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.227.72 45 OPM %9.45-17.49 - PBDT-0.84-3.97 79 PBT-0.95-4.14 77 NP-0.95-4.14 77

Powered by Capital Market - Live News

Aarti Industries standalone net profit rises 24.16% in the September 2016 quarter
Nov 11,2016

Net profit of Aarti Industries rose 24.16% to Rs 76.00 crore in the quarter ended September 2016 as against Rs 61.21 crore during the previous quarter ended September 2015. Sales declined 0.20% to Rs 698.88 crore in the quarter ended September 2016 as against Rs 700.27 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales698.88700.27 0 OPM %21.6018.81 - PBDT122.14102.51 19 PBT94.5079.93 18 NP76.0061.21 24

Powered by Capital Market - Live News

Navneet Education standalone net profit rises 69.84% in the September 2016 quarter
Nov 11,2016

Net profit of Navneet Education rose 69.84% to Rs 18.58 crore in the quarter ended September 2016 as against Rs 10.94 crore during the previous quarter ended September 2015. Sales rose 46.03% to Rs 171.39 crore in the quarter ended September 2016 as against Rs 117.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales171.39117.37 46 OPM %17.389.97 - PBDT34.2421.70 58 PBT28.0915.22 85 NP18.5810.94 70

Powered by Capital Market - Live News

Reliance Chemotex Industries standalone net profit rises 1361.54% in the September 2016 quarter
Nov 11,2016

Net profit of Reliance Chemotex Industries rose 1361.54% to Rs 1.90 crore in the quarter ended September 2016 as against Rs 0.13 crore during the previous quarter ended September 2015. Sales rose 13.37% to Rs 69.09 crore in the quarter ended September 2016 as against Rs 60.94 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales69.0960.94 13 OPM %5.416.61 - PBDT4.071.78 129 PBT2.390.16 1394 NP1.900.13 1362

Powered by Capital Market - Live News

Mindteck (India) consolidated net profit declines 51.18% in the September 2016 quarter
Nov 11,2016

Net profit of Mindteck (India) declined 51.18% to Rs 4.13 crore in the quarter ended September 2016 as against Rs 8.46 crore during the previous quarter ended September 2015. Sales rose 13.89% to Rs 89.43 crore in the quarter ended September 2016 as against Rs 78.52 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales89.4378.52 14 OPM %6.358.65 - PBDT6.177.20 -14 PBT5.686.74 -16 NP4.138.46 -51

Powered by Capital Market - Live News

Rain Industries consolidated net profit rises 20.10% in the September 2016 quarter
Nov 11,2016

Net profit of Rain Industries rose 20.10% to Rs 121.81 crore in the quarter ended September 2016 as against Rs 101.42 crore during the previous quarter ended September 2015. Sales declined 16.86% to Rs 2229.53 crore in the quarter ended September 2016 as against Rs 2681.73 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2229.532681.73 -17 OPM %18.2913.09 - PBDT284.38216.12 32 PBT198.84133.37 49 NP121.81101.42 20

Powered by Capital Market - Live News

Future Lifestyle Fashions standalone net profit rises 244.55% in the September 2016 quarter
Nov 11,2016

Net profit of Future Lifestyle Fashions rose 244.55% to Rs 7.27 crore in the quarter ended September 2016 as against Rs 2.11 crore during the previous quarter ended September 2015. Sales rose 17.36% to Rs 1001.63 crore in the quarter ended September 2016 as against Rs 853.45 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1001.63853.45 17 OPM %8.478.72 - PBDT57.9042.99 35 PBT11.123.12 256 NP7.272.11 245

Powered by Capital Market - Live News

Precious Trading & Investments reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Precious Trading & Investments reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.01 crore 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

Euro Asia Exports reports standalone net profit of Rs 0.02 crore in the September 2016 quarter
Nov 11,2016

Net profit of Euro Asia Exports reported to Rs 0.02 crore in the quarter ended September 2016. There were no net profit/loss reported during the previous quarter ended September 2015. Sales declined 9.52% to Rs 0.19 crore in the quarter ended September 2016 as against Rs 0.21 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.190.21 -10 OPM %10.530 - PBDT0.020 0 PBT0.020 0 NP0.020 0

Powered by Capital Market - Live News

Steelco Gujarat reports standalone net loss of Rs 6.37 crore in the September 2016 quarter
Nov 11,2016

Net loss of Steelco Gujarat reported to Rs 6.37 crore in the quarter ended September 2016 as against net profit of Rs 0.03 crore during the previous quarter ended September 2015. Sales rose 0.55% to Rs 126.91 crore in the quarter ended September 2016 as against Rs 126.21 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales126.91126.21 1 OPM %-1.45-1.70 - PBDT-5.73-6.66 14 PBT-6.37-7.30 13 NP-6.370.03 PL

Powered by Capital Market - Live News