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

Shreyas Shipping spurts after joint venture with Japanese firm
Jun 13,2017

The announcement was made after market hours yesterday, 12 June 2017.

Meanwhile, the S&P BSE Sensex was up 78.68 points, or 0.25% to 31,174.38.

On the BSE, 17,000 shares were traded in the counter so far, compared with average daily volumes of 15,348 shares in the past one quarter. The stock had hit a high of Rs 364.75 and a low of Rs 345 so far during the day. The stock hit a 52-week high of Rs 464.55 on 11 July 2016. The stock hit a 52-week low of Rs 193.10 on 26 December 2016.

The stock had underperformed the market over the past one month till 12 June 2017, falling 11% compared with 3.01% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 13.82% as against Sensexs 5.61% rise. The scrip had underperformed the market in past one year, falling 19% as against Sensexs 17.80% rise.

The small-cap company has equity capital of Rs 21.96 crore. Face value per share is Rs 10.

Shreyas Shipping and Logistics (Shreyas) and Suzue Corporation of Japan signed the joint venture agreement wherein a joint venture company would be formed, which will capitalise on the possibilities in international freight forwarding, customs clearance service, warehousing services, land transport services and other related logistic services with additional focus on land bank development for commercial purposes in Indian Sub-continent and Japan.

The geographies covered by the agreement initially include Indian sub-continent and Japan, with the possibility of extending to South East Asian nations.

On a consolidated basis, Shreyas Shipping & Logistics reported net loss of Rs 9.94 crore in Q4 March 2017 as against net profit of Rs 15.11 crore in Q4 March 2016. Net sales rose 4.69% to Rs 184.31 crore in Q4 March 2017 over Q4 March 2016.

Shreyas Shipping & Logistics, the Indian flagged vessel owning unit of Transworld Group, is a pioneer and market leader in domestic coastal container shipping covering all main ports and container terminals on the Indian coast.

Powered by Capital Market - Live News

Vesuvius India hits record high after good Q1 earnings
Jun 13,2017

The result was announced after market hours yesterday, 12 June 2017.

Meanwhile, the S&P BSE Sensex was up 58.53 points, or 0.19% at 31,154.23. The S&P BSE Small-Cap index was up 99.58 points, or 0.64% at 15,553.64.

On the BSE, 489 shares were traded on the counter so far as against the average daily volumes of 141 shares in the past two weeks. The stock had hit a high of Rs 1,313.50 so far during the day, which is also its record high. The stock hit a low of Rs 1,286 so far during the day. The stock had hit a 52-week low of Rs 817.40 on 13 June 2016.

The stock had underperformed the market over the past one month till 12 June 2017, gaining 0.7% compared with the Sensexs 3.01% rise. The scrip had also underperformed the market over the past one quarter advancing 6.95% as against the Sensexs 7.43% rise. The scrip had, however, outperformed the market over the past one year advancing 52.34% as against the Sensexs 16.74% rise.

The small-cap company has equity capital of Rs 20.30 crore. Face value per share is Rs 10.

Vesuvius India is primarily a manufacturer and trader of refractories.

Powered by Capital Market - Live News

Dull day for bullions
Jun 13,2017

Bullion prices ended lower on Monday, 12 June 2017 at Comex. Gold prices ended lower Monday, stretching their streak of declines to a fourth session as this weeks focus now turns squarely on the Federal Reserve.

August gold fell $2.50, or 0.2%, at $1,268.90 an ounce. The settlement handed the contract its fourth-straight drop.

July silver gave up 27.9 cents, or 1.6%, to $16.944 an ounce.

The Feds two-day meeting will wrap up on Wednesday, where a dollar-supportive rate increase is widely expected, but not guaranteed. Wall Street is pricing in a 95.8% chance of a lift to U.S. benchmark rates, which would follow the European Central Banks decision last Thursday to keep its rates steady. Higher interest rates are typically a negative for gold, because it enhances the appeal of yield-bearing assets; gold doesnt offer a yield.

The U.K. general election ended Friday in a hung parliament, where no single party holds a majority.

Meanwhile, the dollar, as measured by the ICE U.S. Dollar Index traded nearly flat on Monday after posting a gain for last week. A stronger dollar can provide a headwind for gold, and other commodities priced in the currency, making it more expensive to buyers using other monetary units.

Powered by Capital Market - Live News

CPI inflation dips to 2.18% in May 2017
Jun 13,2017

The all-India general CPI inflation dipped to fresh record low of 2.18% in May 2017 (base 2012=100), compared with 2.99% in April 2017. The corresponding provisional inflation rate for rural area was 2.30% and urban area 2.13% in May 2017 as against 3.02% and 3.03% in April 2017. The core CPI inflation eased to 4.14% in May 2017 from 4.44% in April 2017. The cumulative CPI inflation was lower at 2.58% in April-May FY2018 compared with 5.61% in April-May FY2017.

Among the CPI components, inflation of food and beverages dipped to (-) 0.22% in May 2017 from 1.29% in April 2017 mainly contributing to the dip in CPI inflation. Within the food items, the inflation slipped for vegetables to (-) 13.44%, pulses and products (-) 19.45%, fruits 1.40%, spices 0.52%, cereals and products 4.81% and prepared meals, snacks, sweets etc 5.17%. The inflation also declined for milk and products to 4.56%, sugar and confectionery 9.84%, oils and fats 2.70%, egg 0.72% and non-alcoholic beverages to 2.66%. The inflation was nearly flat for meat and fish at 1.87% in May 2017.

The inflation for housing was steady at 4.84%, while that for miscellaneous items dipped to 3.81% in May 2017. Within the miscellaneous items, the inflation for transport and communication eased to 3.46%, personal care and effects 3.27%, education 4.90% and health 3.80%, while it rose slightly for household goods and services to 3.97% in May 2017.

The inflation for clothing and footwear eased to 4.41% in May 2017, while the CPI inflation of fuel and light dipped to 5.46% in May 2017.

Powered by Capital Market - Live News

Board of Khaitan (India) appoints director
Jun 13,2017

The Board of Khaitan (India) at its meeting held on 12 June 2017 has appointed Srawan Kumar Jajodia, as an Independent Additional Director w.e.f 12 June 2017.

Powered by Capital Market - Live News

Board of NG Industries recommends final dividend
Jun 13,2017

NG Industries announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Incap recommends final dividend
Jun 13,2017

Incap announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Premier Polyfilm recommends final dividend
Jun 13,2017

Premier Polyfilm announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Porwal Auto Components recommends final dividend
Jun 13,2017

Porwal Auto Components announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Dhanuka Commercial to hold AGM
Jun 13,2017

Dhanuka Commercial announced that the 23rd Annual General Meeting (AGM) of the company will be held on 4 July 2017.

Powered by Capital Market - Live News

Board of Marathon Nextgen Realty recommends final dividend
Jun 13,2017

Marathon Nextgen Realty announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Suryaamba Spinning Mills recommends final dividend
Jun 13,2017

Suryaamba Spinning Mills announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Nitin Castings recommends final dividend
Jun 13,2017

Nitin Castings announced that the Board of Directors of the Company at its meeting held on 27 May 2017, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Board of Simplex Projects appoints company secretary
Jun 13,2017

The Board of Simplex Projects at its meeting held on 12 June 2017 has appointed Vikram Kumar Mishra as Company Secretary & Compliance officer of the Company.

Powered by Capital Market - Live News

NILE to hold AGM
Jun 13,2017

NILE announced that the Annual General Meeting (AGM) of the company will be held on 12 August 2017.

Powered by Capital Market - Live News