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

Vallabh Steels standalone net profit declines 92.41% in the December 2016 quarter
Feb 15,2017

Net profit of Vallabh Steels declined 92.41% to Rs 0.06 crore in the quarter ended December 2016 as against Rs 0.79 crore during the previous quarter ended December 2015. Sales declined 25.35% to Rs 24.50 crore in the quarter ended December 2016 as against Rs 32.82 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales24.5032.82 -25 OPM %8.206.86 - PBDT0.741.21 -39 PBT0.080.95 -92 NP0.060.79 -92

Powered by Capital Market - Live News

Suryajyoti Spinning Mills reports standalone net loss of Rs 35.08 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Suryajyoti Spinning Mills reported to Rs 35.08 crore in the quarter ended December 2016 as against net loss of Rs 6.94 crore during the previous quarter ended December 2015. Sales declined 82.56% to Rs 17.50 crore in the quarter ended December 2016 as against Rs 100.33 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales17.50100.33 -83 OPM %-175.546.27 - PBDT-31.41-2.87 -994 PBT-35.08-6.94 -405 NP-35.08-6.94 -405

Powered by Capital Market - Live News

Wanbury reports standalone net loss of Rs 0.65 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Wanbury reported to Rs 0.65 crore in the quarter ended December 2016 as against net loss of Rs 6.99 crore during the previous quarter ended December 2015. Sales rose 12.44% to Rs 112.34 crore in the quarter ended December 2016 as against Rs 99.91 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales112.3499.91 12 OPM %5.062.82 - PBDT1.80-4.66 LP PBT-0.65-6.99 91 NP-0.65-6.99 91

Powered by Capital Market - Live News

Shree Bhawani Paper Mills reports standalone net loss of Rs 9.21 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Shree Bhawani Paper Mills reported to Rs 9.21 crore in the quarter ended December 2016 as against net loss of Rs 8.75 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

Professional Diamonds reports standalone nil net profit/loss in the December 2016 quarter
Feb 15,2017

Professional Diamonds reported no net profit/loss in the quarter ended December 2016 and 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

Shiva Texyarn standalone net profit rises 257.75% in the December 2016 quarter
Feb 15,2017

Net profit of Shiva Texyarn rose 257.75% to Rs 5.08 crore in the quarter ended December 2016 as against Rs 1.42 crore during the previous quarter ended December 2015. Sales rose 25.20% to Rs 133.01 crore in the quarter ended December 2016 as against Rs 106.24 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales133.01106.24 25 OPM %11.8011.26 - PBDT9.116.60 38 PBT4.791.99 141 NP5.081.42 258

Powered by Capital Market - Live News

Nahar Industrial Enterprises standalone net profit rises 4.32% in the December 2016 quarter
Feb 15,2017

Net profit of Nahar Industrial Enterprises rose 4.32% to Rs 15.22 crore in the quarter ended December 2016 as against Rs 14.59 crore during the previous quarter ended December 2015. Sales declined 15.56% to Rs 383.71 crore in the quarter ended December 2016 as against Rs 454.40 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales383.71454.40 -16 OPM %11.1912.34 - PBDT33.7841.74 -19 PBT17.3120.11 -14 NP15.2214.59 4

Powered by Capital Market - Live News

India Glycols reports standalone net profit of Rs 8.92 crore in the December 2016 quarter
Feb 15,2017

Net profit of India Glycols reported to Rs 8.92 crore in the quarter ended December 2016 as against net loss of Rs 25.27 crore during the previous quarter ended December 2015. Sales rose 1.03% to Rs 529.66 crore in the quarter ended December 2016 as against Rs 524.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales529.66524.27 1 OPM %12.116.24 - PBDT35.941.59 2160 PBT22.07-16.69 LP NP8.92-25.27 LP

Powered by Capital Market - Live News

McNally Bharat Engineering Company reports standalone net loss of Rs 146.68 crore in the December 2016 quarter
Feb 15,2017

Net Loss of McNally Bharat Engineering Company reported to Rs 146.68 crore in the quarter ended December 2016 as against net loss of Rs 124.33 crore during the previous quarter ended December 2015. Sales declined 7.09% to Rs 457.19 crore in the quarter ended December 2016 as against Rs 492.07 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales457.19492.07 -7 OPM %-10.81-12.05 - PBDT-141.29-118.88 -19 PBT-146.68-124.33 -18 NP-146.68-124.33 -18

Powered by Capital Market - Live News

Majestic Auto reports standalone net loss of Rs 6.47 crore in the December 2016 quarter
Feb 15,2017

Net loss of Majestic Auto reported to Rs 6.47 crore in the quarter ended December 2016 as against net profit of Rs 10.72 crore during the previous quarter ended December 2015. Sales rose 68.47% to Rs 32.11 crore in the quarter ended December 2016 as against Rs 19.06 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales32.1119.06 68 OPM %-1.84-14.32 - PBDT-4.50-7.55 40 PBT-8.98-11.93 25 NP-6.4710.72 PL

Powered by Capital Market - Live News

Voltas standalone net profit rises 235.86% in the December 2016 quarter
Feb 15,2017

Net profit of Voltas rose 235.86% to Rs 103.41 crore in the quarter ended December 2016 as against Rs 30.79 crore during the previous quarter ended December 2015. Sales declined 6.75% to Rs 1012.60 crore in the quarter ended December 2016 as against Rs 1085.85 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1012.601085.85 -7 OPM %9.261.82 - PBDT150.4343.83 243 PBT145.8939.11 273 NP103.4130.79 236

Powered by Capital Market - Live News

Milkfood standalone net profit declines 84.62% in the December 2016 quarter
Feb 15,2017

Net profit of Milkfood declined 84.62% to Rs 0.64 crore in the quarter ended December 2016 as against Rs 4.16 crore during the previous quarter ended December 2015. Sales rose 1.48% to Rs 110.73 crore in the quarter ended December 2016 as against Rs 109.11 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales110.73109.11 1 OPM %5.388.68 - PBDT2.975.96 -50 PBT0.644.16 -85 NP0.644.16 -85

Powered by Capital Market - Live News

Reliance Defence and Strata Manufacturing PJSC, UAE sign MoU
Feb 15,2017

Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing company, wholly owned by Mubadala Development Company, the United Arab Emirates (UAE) and Reliance Defence, a wholly owned subsidiary of Reliance Infrastructure, have signed a Memorandum of Understanding (MoU) to collaborate on advanced aerospace manufacturing capabilities between India and theUAE.

The potential partnership, which follows extensive discussions between the two companies, will look at opportunities in the production of Carbon Fibre Composites Aerostructures, Prepegs as well as 3D printing of aerospace components and airframe panels. This collaboration is in linewith Stratas vision to become one of the top aerospace companies globally.

Powered by Capital Market - Live News

Board of MOIL recommends dividend
Feb 15,2017

MOIL announced that the Board of Directors of the Company at its meeting held on 14 February 2017, inter alia, have recommended the dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

McNally Bharat Engineering Company to hold board meeting
Feb 15,2017

McNally Bharat Engineering Company will hold a meeting of the Board of Directors of the Company on 17 February 2017, to consider issuance of securities through preferential allotment and determining issue price.

Powered by Capital Market - Live News