My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Nocil moves higher as board approves capex plan
Mar 17,2017

The announcement was made after market hours yesterday, 16 March 2017.

Meanwhile, the S&P Sensex was up 114.50 points or 0.39% at 29,700.35. The S&P Small-cap index was up 15.26 points or 0.11% at 14,021.66.

On the BSE, 3.62 lakh shares were traded on the counter so far as against the average daily volumes of 3.31 lakh shares in the past one quarter. The stock had hit a high of Rs 88.50 so far during the day, which is also its 52-week high. The stock hit a low of Rs 86 so far during the day.

The stock had hit a 52-week low of Rs 43.35 on 16 March 2016. The stock had underperformed the market over the past one month till 16 March 2017, advancing 3.6% compared with the Sensexs 4.54% rise. The scrip had, however, outperformed the market over the past one quarter advancing 23.15% as against the Sensexs 11.69% rise.

The small-cap company has equity capital of Rs 163.58 crore. Face value per share is Rs 10.

Nocil announced that its board at a meeting held on 16 March 2017, approved expansion of capacities of rubber chemicals and their intermediates at the companys plants situated at Navi Mumbai and Dahej.

The total capital expenditure envisaged is about Rs 170 crore. The expansion project is likely to be commissioned by the end of Q2 of FY 2019. The capital expenditure will be financed largely through internal accruals.

Nocils net profit rose 26.2% to Rs 25.47 crore on 3.2% increase in net sales to Rs 173.84 crore in Q3 December 2016 over Q3 December 2015.

Nocil manufactures basic organic chemicals.

Powered by Capital Market - Live News

Music Broadcast sees strong debut
Mar 17,2017

The stock debuted at Rs 420, a premium of 26.13% to the initial public offer (IPO) price. So far the stock hit a high of Rs 420 and low of Rs 370.15. On BSE, so far 20.30 lakh shares were traded on the counter.

Music Broadcast priced the IPO at Rs 333 per share, the top end of the Rs 324 - Rs 333 price band for the IPO. The IPO of Music Broadcast ended with strong response from investors. The IPO received bids for 41.58 crore shares compared with 1.04 crore shares on offer. The IPO was subscribed 39.67 times. The issue opened for bidding on 6 March 2017. It closed on 8 March 2017.

The qualified institutional buyers (QIBs) category was subscribed 39.78 times. The non institutional investors category, made up of high net-worth individuals, was subscribed 109.13 times. The retail individual investors (RIIs) category was subscribed 9.85 times.

The IPO was a combination of a fresh issue of shares for up to Rs 400 crore and an offer for sale of up to 26.58 lakh shares. Out of Rs 400 crore, the company will spend Rs 200 crore on redemption of the listed NCDs (non-convertible debentures), Rs 98.24 crore for early redemption of the JPL NCDs & repayment/ pre-payment of the JPL ICD (inter-corporate deposits) and rest for general corporate purpose.

The company raised Rs 146.55 crore by selling 44.01 lakh shares to a total of 15 anchor investors ahead of the opening of the companys initial public offer (IPO). The shares were allotted to the anchor investors at Rs 333 per share, the top end of the Rs 324 to Rs 333 per share price band for the IPO.

Music Broadcast, promoted by Jagran Prakashan, operates radio stations under the brand Radio City. Radio City is the first private FM radio broadcaster in India. The company has grown its presence from four cities in 2001 to 37 cities as on 15 February 2017. The company expects the remaining two New Radio City Stations to be become operational by March/ April 2017. The company is present in 12 out of the top 15 cities in India by population. As on 31 March 2016, the companys radio stations reached out to over 49.60 million listeners in 23 cities.

Music Broadcast reported a net profit of Rs 29.76 crore on net sales of Rs 136.89 crore in six-months ended September 2016.

Powered by Capital Market - Live News

ITC spurts on reports foreign brokerage maintains buy call
Mar 17,2017

Meanwhile, the S&P BSE Sensex was up 122.73 points, or 0.41% to 29,708.58.

On the BSE, 11.84 lakh shares were traded in the counter so far, compared with average daily volumes of 10.82 lakh shares in the past one quarter. The stock had hit a high of Rs 289 and a low of Rs 276 so far during the day. The stock hit a record high of Rs 291.95 on 7 February 2017. The stock hit a 52-week low of Rs 204.10 on 6 May 2016.

The stock had underperformed the market over the past one month till 16 March 2017, falling 1.90% compared with 5.08% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 18.38% as against Sensexs 11.69% rise.

The large-cap company has equity capital of Rs 1,214 crore. Face value per share is Re 1.

According to reports, the foreign brokerage stated that the Goods & Services Tax (GST) tax structure is likely to be a revenue-neutral outcome which comes as a big relief for ITC.

The GST Council, headed by Finance Minister Arun Jaitley, yesterday, 16 March 2017, reportedly paved the way for rolling out the new tax regime from 1 July 2017, clearing all legislations required for one of the most ambitious reform measures since Independence. The council, which met in the national capital, approved the state GST (SGST) and the union territory GST (UTGST) bills. The bills will now have to be cleared by Parliament and state assemblies.

ITCs net profit rose 5.71% to Rs 2646.73 crore on 4.1% increase in net sales to Rs 9149.31 crore in Q3 December 2016 over Q3 December 2015.

ITC is a diversified company, with presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

Powered by Capital Market - Live News

Lupin gains after announcing launch of Generic Minastrin 24 Fe in US
Mar 17,2017

The announcement was made after market hours yesterday, 16 March 2017.

Meanwhile, the S&P BSE Sensex was down 148.56 points, or 0.5% to 29,734.41

On the BSE, 29,000 shares were traded on the counter so far as against the average daily volumes of 70,250 shares in the past one quarter. The stock had hit a high of Rs 1,475 and a low of Rs 1,464.05 so far during the day.

The stock had hit a 52-week high 1,765.85 on 17 March 2016 and a 52-week low of Rs 1,294.05 on 29 March 2016. The stock had underperformed the market over the past one month till 16 March 2017, rising 1.7% compared with 5.08% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 0.83% as against Sensexs 11.69% rise.

The large-cap company has equity capital of Rs 90.31 crore. Face value per share is Rs 2.

Lupin announced the launch of Mibelas 24 Fe (Norethindrone Acetate and Ethinyl Estradiol Chewable Tablets, 1mg/0.02mg and Ferrous Fumarate Tablets, 75mg) having received an approval from the United States Food and Drug Administration (FDA) earlier. Lupins Mibelas 24 Fe is the AB rated generic equivalent of Allergan Pharmaceuticals Internationals Minastrin 24 Fe Tablets. It is indicated for use by females of reproductive age to prevent pregnancy. Minastrin 24 Fe chewable tablets had US sales of $360.5 million as per IMS MAT December 2016.

Lupins consolidated net profit rose 20.7% to Rs 633.11 crore on 31.5% increase in net sales to Rs 4404.94 crore in Q3 December 2016 over Q3 December 2015.

Lupin is a pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally. The company is a significant player in the cardiovascular, diabetology, asthma, pediatric, CNS, GI, anti-infective and NSAID space and holds global leadership position in the anti-TB segment.

Powered by Capital Market - Live News

ABG Shipyard hits the roof as lenders initiate bid process
Mar 17,2017

Meanwhile, the S&P BSE Sensex was up 135.64 points, or 0.46% to 29,721.49.

On the BSE, 18,000 shares were traded in the counter so far, compared with average daily volumes of 62,392 shares in the past one quarter. The stock opened with an upward gap of 5% at Rs 22.40 and remained stuck at that level so far. The stock hit a 52-week high of Rs 74.60 on 22 March 2016. The stock hit a record low of Rs 19.95 on 15 March 2017.

The stock had underperformed the market over the past one month till 16 March 2017, falling 20.48% compared with 5.08% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 32.54% as against Sensexs 11.69% rise.

The small-cap company has equity capital of Rs 99.68 crore. Face value per share is Rs 10.

With reference to news report titled, Reliance Defence expresses interest in buying Agreed Assets of ABG Shipyard, ABG Shipyard clarified after market hours after market hours yesterday, 16 March 2017, that lenders have invited expression of interest for acquisition of majority shareholding in ABG Shipyard. Accordingly, few parties have expressed their interest. Information/details will be submitted to the Stock Exchanges on completion of the process. The company does not have any information which is required to be disclosed to stock exchanges in terms of SEBI (LODR) Regulations, 2015, it said in a statement.

ABG Shipyard reported net loss of Rs 1710.68 crore in Q4 March 2016 as against net loss of Rs 374.86 crore in Q4 March 2015. Net sales declined 90.50% to Rs 1.95 crore in Q4 March 2016 over Q4 March 2015.

ABG Shipyard is into shipbuilding and ship repair business.

Powered by Capital Market - Live News

Ashoka Buildcon jumps as subsidiary emerges as lowest bidder for road project
Mar 16,2017

The announcement was made during market hours today, 16 March 2017.

Meanwhile, the S&P BSE Sensex was up 187.74 points, or 0.64%, at 29,585.85

On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 35,031 shares in the past one quarter. The stock hit a high of Rs 199.65 in intraday trade so far, which is 52-week high for the counter. The stock had hit a low of Rs 185.25 so far during the day. The stock had hit a 52-week low of Rs 111 on 7 April 2016.

The mid-cap company has equity capital of Rs 93.57 crore. Face value per share is Rs 5.

Ashoka Buildcon said that the companys subsidiary Ashoka Concessions (ACL) had submitted its bid to National Highways Authority of India (NHAI) for the project involving six laning from Ranastalam to Anandpuram (Visakhapatnam) in Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project (Project). ACL has emerged as the lowest bidder at the financial bid opening meeting, Ashoka Buildcon said. The bid project cost quoted by ACL is Rs 1187.10 crore, the company said.

Ashoka Buildcons net profit rose 114.68% to Rs 42.70 crore on 17.2% rise in net sales to Rs 517.74 crore in Q3 December 2016 over Q3 December 2015.

Ashoka Buildcon is a leading highway concessionaire and engineering, procurement and construction (EPC) company.

Powered by Capital Market - Live News

NMDC drops ex-dividend
Mar 16,2017

Meanwhile, the S&P BSE Sensex was up 192.25 points or 0.65% at 29,590.36

On the BSE, 5.01 lakh shares were traded on the counter so far as against the average daily volumes of 3.01 lakh shares in the past one quarter. The stock had hit a high of Rs 139.05 and a low of Rs 136.55 so far during the day. The stock had hit a 52-week high of Rs 152.50 on 2 March 2017 and a 52-week low of Rs 85.30 on 2 June 2016.

The large-cap company has equity capital of Rs 316.39 crore. Face value per share is Re 1.

Before turning ex-dividend, the NMDC stock offered a dividend yield of 2.94% based on the closing price of Rs 140.75 yesterday, 15 March 2017.

NMDCs net profit rose 41.33% to Rs 595.16 crore on 64.61% growth in net sales to Rs 2497.86 crore in Q3 December 2016 over Q3 December 2015.

NMDC is Indias largest public sector iron ore producer. As per the shareholding pattern, Government of India (GoI) holds 74.94% stake in NMDC as on 31 December 2016.

Powered by Capital Market - Live News

Balkrishna Industries scales record high after huge bulk deal
Mar 16,2017

Meanwhile, the S&P BSE Sensex was up 152.14 points, 0.52% to 29,550.25

Bulk deal boosted volume on the scrip. On the BSE, 2.40 crore shares were traded on the counter so far as against the average daily volumes of 4.06 lakh shares in the past one quarter. The stock hit a high of Rs 1,449.55 in intraday trade so far, which is record high for the counter. The stock had hit a low of Rs 1,377.75 so far during the day. The stock had hit a 52-week low of Rs 574.10 on 29 March 2016.

The large-cap company has equity capital of Rs 19.33 crore. Face value per share is Rs 2.

Balkrishna Industries net profit rose 94.2% to Rs 185.69 crore on 25.7% increase in net sales to Rs 864.69 crore in Q3 December 2016 over Q3 December 2015.

Balkrishna Industries is a leading manufacturer in the off-highway tire market. The company has focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.

Powered by Capital Market - Live News

L&T ascends after new overseas order win
Mar 16,2017

The announcement was made during market hours today, 16 March 2017.

Meanwhile, the S&P BSE Sensex was up 146.98 points or 0.5% at 29,545.09

On the BSE, 71,000 shares were traded on the counter so far as against the average daily volumes of 1.21 lakh shares in the past one quarter. The stock hit a high of Rs 1,574.40 and a low of Rs 1,555 so far during the day. The stock had hit a 52-week high of Rs 1,615 on 27 July 2016 and a 52-week low of Rs 1,164.50 on 16 March 2016.

The large-cap company has equity capital of Rs 186.59 crore. Face value per share is Rs 2.

L&T Electrical & Automation (LTEAFZE), the Competency Centre for L&T Electrical & Automation (E&A)s automation business in UAE, won a order worth Rs 500 crore from Qatar Rail Company (QRAIL) for Phase 1 of Doha Metro. The scope of the order encompasses supply, installation, testing, integration, commissioning and five years maintenance of a network-wide Building Automation and Control Systems (BACS) for 37 stations.

L&T Electrical & Automation (E&A) is a major business portfolio of L&T Group. E&As business basket comprises low and medium voltage switchgear and electrical systems, energy management systems and metering solutions, and automation solutions. LTEAFZE is a 100% subsidiary of L&T International FZE and a part of L&T Electrical & Automation.

L&Ts consolidated net profit rose 38.9% to Rs 972.47 crore on 1.7% growth in net sales to Rs 26018.15 crore in Q3 December 2016 over Q3 December 2015.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Powered by Capital Market - Live News

G E Shipping surges after taking delivery of vessel
Mar 16,2017

The announcement was made during market hours today, 16 March 2017.

Meanwhile, the S&P Sensex was up 121.34 points or 0.41% at 29,519.45.

On the BSE, 19,000 shares were traded on the counter so far as against the average daily volumes of 11,262 shares in the past one quarter. The stock had hit a high of Rs 395 and a low of Rs 377.55 so far during the day.

The stock had hit a 52-week high of Rs 410.40 on 20 January 2017 and a 52-week low of Rs 296.60 on 24 June 2016. The stock had outperformed the market over the past one month till 15 March 2017, advancing 4.93% compared with the Sensexs 4.41% rise. The scrip had, however, underperformed the market over the past one quarter advancing 2.78% as against the Sensexs 10.86% rise.

The mid-cap company has equity capital of Rs 150.78 crore. Face value per share is Rs 10.

Great Eastern Shipping Company announced that the company took delivery of Secondhad Suezmax Crude Carrier n++Jag Leenan++ of about 1.57 lakh deadweight tons (dwt). The company had contracted to buy the vessel in December 2016.

With the inclusion of this vessel, the companys current fleet stands at 43 vessels, comprising 28 tankers and 15 dry bulk carriers with an average age of 9.56 years aggregating 3.54 mn dwt. Additionally, the company has committed to purchase 1 Secondhand Suezmax.

Great Eastern Shipping Companys consolidated net profit fell 33.4% to Rs 238.36 crore on 23.2% decline in net sales to Rs 738.91 crore in Q3 December 2016 over Q3 December 2015.

GE Shipping has two main business: shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. The offshore business services to the oil companies in carrying out offshore exploration and production activities, through its subsidiary Greatship (India).

Powered by Capital Market - Live News

PI Industries drops on profit booking
Mar 16,2017

Meanwhile, the S&P BSE Sensex was up 122.40 points or 0.42% at 29,520.51

On BSE, so far 1,329 shares were traded in the counter as against average daily volume of 11,879 shares in the past one quarter. The stock hit a high of Rs 906.30 and a low of Rs 881.20 so far during the day. The stock had hit a record high of Rs 950.10 on 2 February 2017. The stock had hit a 52-week low of Rs 550 on 29 March 2016.

The large-cap company has equity capital of Rs 13.76 crore. Face value per share is Re 1.

PI Industries net profit rose 32.65% to Rs 93.97 crore on 5.07% fall in net sales to Rs 480.60 crore in Q3 December 2016 over Q3 December 2015.

PI Industries focuses on agri-input and custom synthesis.

Powered by Capital Market - Live News

Venus Remedies gains as board to consider allotment of shares
Mar 16,2017

The announcement was made after market hours yesterday, 15 March 2017.

Meanwhile, the S&P BSE Sensex was up 128.02 points, or 0.44%, to 29,526.13

On the BSE, so far 77,000 shares were traded in the counter, compared with average daily volumes of 29,336 shares in the past one quarter. The stock had hit a high of Rs 104.85 and a low of Rs 99.55 so far during the day. The stock hit a 52-week high of Rs 142.80 on 5 October 2016. The stock hit a 52-week low of Rs 65 on 1 June 2016.

The small-cap company has equity capital of Rs 11.44 crore. Face value per share is Rs 10.

Venus Remedies reported net loss of Rs 2.10 crore in Q3 December 2016 as against net loss of Rs 0.25 crore in Q3 December 2015. Net sales declined 12.61% to Rs 84.49 crore in Q3 December 2016 over Q3 December 2015.

Venus Remedies is a pharmaceutical company.

Powered by Capital Market - Live News

Shriram Transport Finance drops on profit booking
Mar 16,2017

Meanwhile, the S&P Sensex was up 137.49 points or 0.47% at 29,539.45.

On the BSE, 16,000 shares were traded on the counter so far as against the average daily volumes of 83,022 shares in the past one quarter. The stock had hit a high of Rs 1,071.95 and a low of Rs 1,039.55 so far during the day.

The stock had hit a record high of Rs 1,325 on 1 August 2016 and a 52-week low of Rs 778 on 26 December 2016. The stock had outperformed the market over the past one month till 15 March 2017, advancing 14.71% compared with the Sensexs 4.41% rise. The scrip had also outperformed the market over the past one quarter advancing 25.72% as against the Sensexs 10.86% rise.

The large-cap company has equity capital of Rs 226.88 crore. Face value per share is Rs 10.

Shriram Transport Finance Company had rallied 11.96% in the preceding two trading sessions to settle at Rs 1,071.60 yesterday, 15 March 2017, from its closing of Rs 957.15 on 10 March 2017.

Shriram Transport Finance Companys net profit fell 7.8% to Rs 345.96 crore on 5.8% increase in total income to Rs 2717.43 crore in Q3 December 2016 over Q3 December 2015.

Shriram Transport Finance Company is one of the leading asset financing non-banking financial companies (NBFC) in India.

Powered by Capital Market - Live News

Wipro moves higher after opening AEC in Detroit
Mar 16,2017

The announcement was made after market hours yesterday, 15 March 2017.

Meanwhile, the S&P BSE Sensex was up 166.69 points, or 0.57%, to 29,564.80

On the BSE, so far 6.69 lakh shares were traded in the counter, compared with average daily volumes of 1.03 lakh shares in the past one quarter. The stock had hit a high of Rs 500 and a low of Rs 495.35 so far during the day. The stock hit a 52-week high of Rs 606.75 on 20 April 2016. The stock hit a 52-week low of Rs 410 on 9 November 2016.

The large-cap company has equity capital of Rs 486.18 crore. Face value per share is Rs 2.

Wipro said that the Automotive Engineering Center (AEC) aims to drive innovation in connected vehicle concepts - design, product engineering, digital customer-vehicle experiences, artificial intelligence, and sensors-driven advanced vehicle data analytics.

The Wipros AEC is part of the companys vision to build a global network of delivery centers that offer best-in-class engineering and IT services, augmented by leading-edge automotive domain and digital solutions. The center will serve as a hub to support the automotive engineering and IT requirements of original equipment manufacturers (OEMs) and tier-I suppliers, based in North America.

Separately, Wipro announced after market hours yesterday, 15 March 2017, its partnership with Harte Hanks, an American marketing services company to offer marketing technology services. As a part of the multi-year engagement, Wipro will upgrade Harte Hanks data analytics and applications platform, create a scalable operating model and simplify IT related processes for the company.

Wipros consolidated net profit rose 2.04% to Rs 2109.40 crore on 0.93% decline in net sales to Rs 13764.50 crore in Q3 December 2016 over Q2 September 2016.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.

Powered by Capital Market - Live News

Beardsell gains as board approves stock-split
Mar 16,2017

The announcement was made after market hours yesterday, 15 March 2017.

Meanwhile, the S&P Sensex was up 164.98 points or 0.56% at 29,563.09.

On the BSE, 940 shares were traded on the counter so far as against the average daily volumes of 613 shares in the past one quarter. The stock hit a high of Rs 440.20 and a low of Rs 440.15 so far during the day.

The stock had hit a record high of Rs 622 on 4 November 2016 and a 52-week low of Rs 102.90 on 9 June 2016. The stock had outperformed the market over the past one month till 15 March 2017, advancing 7.51% compared with the Sensexs 4.41% rise. The scrip had, however, underperformed the market over the past one quarter sliding 0.05% as against the Sensexs 10.86% rise.

The small-cap company has equity capital of Rs 4.68 crore. Face value per share is Rs 10.

Beardsell announced that its board at its meeting held on 15 March 2017, approved 5-for-1 stock split. The board approved issue of bonus shares in the ratio of one equity share of face value of Rs 2 each for every five existing equity shares of Rs 2 each (post stock split).

Beardsells net profit spurted 256.5% to Rs 1.64 crore on 7.6% fall in net sales to Rs 38.24 crore in Q3 December 2016 over Q3 December 2015.

Beardsell is engaged in the manufacturing, selling and contracting activities in expanded polystyrene, insulation and packaging material, prefabricated panels and solar shield, quikbuild construction panels, marketing of textiles, electric motors, exports and technical consultancy services.

Powered by Capital Market - Live News