My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Fraser and Company appoints company secretary and compliance officer
Mar 07,2017

Fraser and Company announced that the Board of Directors of the Company at their meeting held on Tuesday, 07 March 2017, inter-alia, appointed Vijay M. Thakkar, as a Company Secretary and Compliance Officer of the Company w.e.f. 07 March 2017.

Powered by Capital Market - Live News

Resonance Specialities director resigns
Mar 07,2017

Resonance Specialities has received the resignation of Gurpur Ganesh Pai from the post of Director of the Company on 06 March 2017.

Powered by Capital Market - Live News

Cyient completes acquisition of CERTON Software
Mar 07,2017

Cyient, through its wholly owned US subsidiary, Cyient Inc., has acquired 100% ownership of CERTON Software Inc. on 07 March 2017. Cyient has earlier announced a definitive agreement to acquire CERTON on 24 January 2017.

Powered by Capital Market - Live News

Jindal Stainless shines after bulk deal
Mar 07,2017

Meanwhile, the BSE Sensex was down 48.63 points, or 0.17%, to 28,999.56

Bulk deal boosted volume on the scrip. On BSE, so far 23.76 lakh shares were traded in the counter, compared with average daily volume of 1.79 lakh shares in the past one quarter. The stock hit a high of Rs 62.10 and a low of Rs 58.85 so far during the day.

The stock had outperformed the market over the past 30 days till 6 March 2017, rising 15.01% compared with 2.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 58.38% as against Sensexs 10.06% gain.

The small-cap company has equity capital of Rs 79.89 crore. Face value per share is Rs 2.

Jindal Stainless reported net profit of Rs 40.43 crore in Q3 December 2016, compared with net loss of Rs 191.25 crore in Q3 December 2015. Net sales rose 29.82% to Rs 2092.17 crore in Q3 December 2016 over Q3 December 2015.

Jindal Stainless is engaged in manufacturing of stainless steel.

Powered by Capital Market - Live News

Shreyas Shipping & Logistics sells M.V. SSL Trust
Mar 07,2017

Shreyas Shipping & Logistics announced that the Company has sold M.V. SSL Trust for a consideration of USD 1.99 million.

Powered by Capital Market - Live News

Sundaram Multi Pap appoints company secretary and compliance officer
Mar 07,2017

Sundaram Multi Pap announced the appointment of Bhavesh Chheda as Company Secretary and Compliance Officer of the Company at board meeting held on 07 March 2017

Powered by Capital Market - Live News

Speciality Restaurants opens Sweet Bengal confectionery store
Mar 07,2017

Speciality Restaurants has opened a new Sweet Bengal confectionery located at Shop No. 54, situated on Plot No.73 at Ground Floor of The Welfare Chamber Co-Op Housing Society Ltd., Sector 17, Vashi, Navi Mumbai - 400703 with effect from 07 March 2017. Accordingly, as of the date of this letter, the total number of restaurants and confectionaries of the Company are 105 (including 24 franchise restaurants) and 19 respectively.

Powered by Capital Market - Live News

Board of DCB Bank approves raising capital by issue of share to QIBs
Mar 07,2017

DCB Bank announced that the Board of Directors of the Bank, in the meeting held on Tuesday, 07 March 2017, has approved: (i) Raising of capital by way of issue of Equity Shares to Qualified Institutional Buyers to the extent of Rs. 400 crore inclusive of share premium; (ii) Change in place of keeping and inspection of registers, returns etc.; and (iii) Seeking approval of Members of the Bank for the aforesaid through Postal Ballot / remote e-voting and authorising Chairman, MD & CEO and other officials of the Bank to do all such acts, deeds and things as may be necessary. Accordingly, the Bank is conducting a Postal Ballot for seeking the approval of the Members for the item nos.(i) and (ii) above.

Powered by Capital Market - Live News

NMDC fixes record date for 1st interim dividend
Mar 07,2017

NMDC has fixed 18 March 2017 as record date for the purpose of payment of first interim dividend for the financial year 2016-17.

Powered by Capital Market - Live News

Fitch: Global Growth Shows Resilience to Political Uncertainty
Mar 07,2017

The near-term outlook for growth in the advanced countries has improved despite persistent political uncertainties says Fitch Ratings in its latest Global Economic Outlook (GEO).

Robust labour markets and consumer spending, more supportive fiscal policies and the stabilisation in emerging markets helped advanced country growth recover in the second half of 2016, said Brian Coulton, Chief Economist, Fitch. Furthermore, a synchronised improvement in manufacturing business surveys across the advanced countries suggests growth momentum has continued into early 2017.

Advanced country growth is expected to pick up to 1.9% in 2017 and 2% in 2018 from 1.6% in 2016. The acceleration is led by the US, with growth in the eurozone and Japan expected to remain broadly stable. Fitchs latest forecast changes include upward revisions to 2017 growth of 0.3pp for the eurozone and the UK, 0.2pp for Japan and an upward revision of 0.3pp for 2018 for the US.

While there is genuine upside to the near-term outlook - stemming primarily from a faster-than-expected easing of US fiscal policy and the possibility of animal spirits sparking a more rapid US private investment recovery - downside risks also loom large, added Mr. Coulton.

An aggressive pursuit of protectionist trade polices by the new US administration could spark retaliation and global currency volatility, undermining business confidence. Longer term, if the US were to shift to a more producer-focussed or mercantilist model, with the aim of permanently shrinking trade deficit, it is hard to see who else would step in to fill the gap in global demand. Ultimately, the US has been the worlds consumer of last resort for decades with many countries economies geared to supplying US demand.

In the eurozone, the re-emergence of concerns about fragmentation of the currency-bloc could result in tighter credit conditions and significantly reduced growth. In a more severe scenario, where an overtly anti-EU leader were to cement a strong majority in a major eurozone country the macro disruption could be highly damaging.

The linkages from political uncertainty to economic growth are never straightforward, but for now we are looking at a synchronised improvement in the macro outlook across the advanced countries, Mr. Coulton continued.

Improving growth prospects and increased fiscal policy support are moving the world economy further away from the scenario of never-ending quantitative easing by the major central banks. Fitch now expects the US Fed to raise rates three times this year (up from two hikes in Fitchs November forecast) and by a total of seven times over 2017 and 2018. This is in stark contrast to just two hikes over the previous eight years.

The European Central Bank (ECB) remains resolute in providing additional monetary stimulus at this juncture but they are facing increased communication challenges as headline inflation rates rise. There are also some signs that previous monetary stimulus may be gaining a little more traction on the real economy, with a further pick-up in private credit growth in core eurozone countries and a buoyant real estate market in Germany. ECB asset purchases are likely to be continued in line with the forward guidance provided by the ECB at last Decembers meeting but we expect them to be phased out through the first half of 2018.

The Bank of Japan (BOJ) has held short-term interest rates steady at -0.1% and we no longer expect further cuts into more negative territory. The yen has weakened significantly since our November GEO and the BOJ has become somewhat more optimistic on the growth outlook.

Emerging market growth is expected to rise to 4.7% this year, up from just over 4% in 2015 and 2016. This reflects the return to modest positive growth rates in Russia and Brazil. However, EM growth prospects are slightly weaker than previously forecast, with downward revisions to Mexico, Turkey and Brazil. There are also signs of a shift in the policy stance in China. Following the success of the stimulus measures rolled out from late 2015 in supporting growth, the Chinese authorities have recently shifted focus towards trying to start to address the problem of rapidly rising leverage. The cuts in official interest rates that we previously expected in 2017 no longer seem likely. This change of emphasis has come a little earlier than expected and is likely to result in some sequential slowing of growth later this year. Our 2017 growth forecast for China has been edged down slightly to 6.3%.

Powered by Capital Market - Live News

Bombay Burmah reverses gains on profit booking
Mar 07,2017

Meanwhile, the S&P BSE Sensex was down 55.72 points or 0.19% at 28,992.47

On the BSE, 1.52 lakh shares were traded on the counter so far as against the average daily volumes of 45,460 shares in the past one quarter. The stock had hit a high of Rs 822.20 and a low of Rs 771.10 so far during the day.

The stock had hit a record high of Rs 825 on 6 March 2017 and a 52-week low of Rs 351.50 on 24 May 2016. The stock had outperformed the market over the past 30 days till 6 March 2017, rising 33.51% compared with 2.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 61.85% as against Sensexs 10.06% gain.

The mid-cap company has equity capital of Rs 13.95 crore. Face value per share is Rs 2.

Bombay Burmah Trading Corporation said that at the meeting of the finance committee of the board of directors of the corporation held yesterday, 6 March 2017, it was proposed that the company will acquire additional shares in Bombay Dyeing & Manufacturing Company (BDMC) directly or through its wholly owned overseas subsidiary, as a part of internal restructuring of promoters holdings in BDMC. The announcement was made after market hours yesterday, 6 March 2017.

Bombay Burmah Trading Corporation held 14.351% stake in BDMC (as per the shareholding pattern as on 31 December 2016).

Bombay Burmah Trading Corporation reported net profit of Rs 5.38 crore in Q3 December 2016, as compared with net loss of Rs 8.84 crore in Q3 December 2015. Net sales rose 17.51% to Rs 62.36 crore in Q3 December 2016 over Q3 December 2015.

Bombay Burmah Trading Corporation has diversified its interests into tea, coffee, other plantation products, biscuit and dairy products, auto electric and white goods parts, weighing products, horticulture and landscaping services, healthcare products (viz.) dental, orthopaedic and opthalmic products.

Powered by Capital Market - Live News

D-Link India hits 52-week high
Mar 07,2017

Meanwhile, the BSE Sensex was down 34.38 points, or 0.12%, to 29,013.81.

More than usual volumes were witnessed on the counter. On the BSE, 3.25 lakh shares were traded in the counter so far, compared with average daily volumes of 2.01 lakh shares in the past one quarter. The stock had hit a high of Rs 147.55 in intraday trade, which is also a 52-week high for the stock. The stock hit a low of Rs 140.60 so far during the day. The stock had hit a 52-week low of Rs 75.25 on 21 September 2016.

The stock had outperformed the market over the past one month till 6 March 2017, gaining 17.98% compared with 2.14% rise in the Sensex. The scrip had also outperformed the market in past one quarter, jumping 62.15% as against Sensexs 10.06% gains.

The small-cap company has equity capital of Rs 7.10 crore. Face value per share is Rs 2.

Shares of D-Link India had surged 13.95% to Rs 140.95 in a single session on 1 March 2017 after the company announced that its subsidiary and its promoter entered into partnership in delivering a cloud-based device management platform. The announcement was made on 28 February 2017.

D-Link Corp, promoter of D-Link India and TeamF1 Networks (TeamF1), a subsidiary of D-Link India announced their partnership in delivering mydlink Business, a cloud-based device management platform featuring ease, value, and scalability for small and medium-sized businesses (SMB). TeamF1 Networks is a leader in embedded networking and security software solutions for wired and wireless applications.

The stock had slumped 6% to Rs 132.50 in the subsequent session on 2 March 2017. The stock rose 7.92% in three sessions to the current ruling price of Rs 145, from close of Rs 132.50 on 2 March 2017.

D-Link Indias net profit rose 27.8% to Rs 9.10 crore on 7.48% decline in net sales to Rs 186.69 crore in Q3 December 2016 over Q2 September 2016.

D-Link India is engaged in the design, manufacture and marketing of advanced networking, broadband, digital, voice and data communications solutions.

Powered by Capital Market - Live News

Thomas Cook (India) launches Theme Park Tours
Mar 07,2017

Thomas Cook (India) has launched an engaging series of Theme Park Tours, a unique concept designed to delight children with fun and excitingexperiences centred around theme-parks across the globe.

FEATURED THEME PARKS:

Singapore
Universal Studios - The only movie based theme park in South East Asia

Malaysia
Legoland Theme Park
Genting Theme Park

Hong Kong
Ocean Park a marine mammal park, oceanarium, animal theme park and amusement park
Hong Kong Disneyland - Covering 7 sections Main Street, U.S.A., Fantasyland, Adventureland,Tomorrowland, Grizzly Gulch, Mystic Point, and Toy Story Land.

Dubai
IMG Worlds of adventure featuring Cartoon Network & Marvel - largest temperature controlled indoor themed entertainment destination in the world.
Dubai Parks & Resort, an integrated leisure and theme park destination featuring Motion gate -
Largest Hollywood inspired theme park in Middle East offer an immersive, thrilling journey into the world of film including DreamWorks, Columbia Pictures, Smurfs, and Lionsgate. Bollywood Parks - the first theme park in the world dedicated to all things Bollywood!

Abu Dhabi
Yas Island - Ferrari World and Yas Water World.

Europe
London - Warner Bros Studios: Harry Potter Experience
Paris - Disneyland
Brussels - Mini Europe

USA
Orlando - Disney World, Universal Studios, Disneys Magic Kingdom, Sea World
San Diego - Sea World
Los Angeles - Universal Studios Hollywood

Australia
Gold Coast - Movie World with Fire4 hire, Dream World, Sea World with helicopter ride
Sydney - WetnWild Sydney

Korea
South Korea - Everland and Lotte World

Powered by Capital Market - Live News

Mahindra & Mahindra announces production, sales and exports figures
Mar 07,2017

Mahindra & Mahindra announced the production, sales and exports figured for month of February 2017 as under -

Production
Feb 16 - 44950
Feb 17 - 44401
FY 16 - 446528
FY 17 - 448026

Sales
Feb 16 - 41348
Feb 17 - 40414
FY 16 - 409098
FY 17 - 416059

Exports
Feb 16 - 2654
Feb 17 - 2300
FY 16 - 32280
FY 17 - 34532

Powered by Capital Market - Live News

United Spirits gets ratings assigned for commercial paper and LT debt programme
Mar 07,2017

United Spirits announced that ICRA has assigned the short term rating of ICRA A1+ for the Rs 1500 crore enhanced commercial paper programme of the Company.

ICRA has also assigned long term rating of ICRA AA to the Rs 765 crore Non Convertible Debenture / Long term debt programme of the Company.

Powered by Capital Market - Live News