My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
Ruchi Soya and National Steel drop after Sebi ban on dealing in the securities market
May 25,2016

The announcement was made by Securities and Exchange Board of India (Sebi) yesterday, 24 May 2016.

Ruchi Soya Industries slumped 10.88% to Rs 19.65. National Steel and Agro Industries was locked at 5% lower circuit at Rs 11.26.

The order was passed in a case related to violation and manipulating as well as fraudulent dealings in castor seed derivatives in January 2016 on the National Commodity & Derivatives Exchange (NCDEX).

The order said Ruchi provided funds to five entities including National Steel and Agro Industries to take positions on its behalf. These entities created excessive long positions fraudulently, putting the market at risk. The exchange had to suspend the contracts on 27 January 2016. The Sebi order referred to bank entries showing how Ruchi had manipulated the market using these five entities.

NCDEX had detected a problem when castor prices started declining; the prices fell 25% in January 2016. Ruchi-led entities had then said they were not able to pay the mark-to-margin costs. NCDEX was then forced to suspend the contracts to avoid market-wide risk.

The order read that Ruchi Group Entities had taken huge long positions in castor seed contracts and have violated the position limits prescribed by FMC. There was a prior meeting of mind among Ruchi Group Entities to form a cartel and execute their trades in castor seed contracts. Ruchi Group Entities have traded in castor seed contracts with a dubious plan and premeditated arrangement and artifice to corner /control the market on long side in castor seed contract. Ruchi Group Entities have traded in such a manner and in high magnitude which has potential to disturb the market equilibrium and harm market integrity, it said.

The order said that considering the facts and circumstances,if found that the acts and omissions of Ruchi Soya Industries and National Steel and Agro Industries has, not only disturbed market equilibrium, but also indicate manipulative and fraudulent design to form a cartel and corner the castor seed market.

Ruchi Soya is one of Indias leading cooking oil and soy food maker and marketer.

National Steel and Agro Industries is engaged in steel, agriculture, power and rental business.

Powered by Capital Market - Live News

Strong Q4 earnings boost Ahluwalia Contracts
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the S&P BSE Sensex was up 449.31 points or 1.78% at 25,754.78.

On BSE, so far 1,515 shares were traded in the counter as against average daily volume of 4,556 shares in the past one quarter. The stock hit a high of Rs 287.40 and a low of Rs 272 so far during the day. The stock had hit a 52-week high of Rs 319.30 on 21 April 2016. The stock had hit a 52-week low of Rs 189.20 on 16 June 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 9.22% compared with Sensexs 2.06% fall. The scrip had, however, outperformed the market in past one quarter, surging 23.17% as against Sensexs 9.6% rise.

The small-cap company has equity capital of Rs 13.40 crore. Face value per share is Rs 2.

Ahluwalia Contracts (India) is one of the leading civil contractors in India.

Powered by Capital Market - Live News

Volumes jump at VRL Logistics counter
May 25,2016

VRL Logistics clocked volume of 22.56 lakh shares by 13:07 IST on BSE, a 76.22-times surge over two-week average daily volume of 30,000 shares. The stock tumbled 9.28% to Rs 285.85, extending Tuesdays 20% slide triggered by the announcement that the companys promoters may dilute a portion of their stake in the company to fund their proposed airline venture.

Essel Propack notched up volume of 5.83 lakh shares, a 42.55-fold surge over two-week average daily volume of 14,000 shares. The stock lost 2.77% at Rs 196.70.

Greenply Industries saw volume of 6.49 lakh shares, a 25.08-fold surge over two-week average daily volume of 26,000 shares. The stock surged 6.73% at Rs 210.85.

Container Corporation of India clocked volume of 1.83 lakh shares, a 10.91-fold surge over two-week average daily volume of 17,000 shares. The stock fell 0.87% at Rs 1,370.70.

Tech Mahindra saw volume of 7.33 lakh shares, a 10.63-fold rise over two-week average daily volume of 69,000 shares. The stock jumped 8.3% at Rs 519.05 on reports a domestic brokerage has raised its price target on the stock while retaining its accumulate rating in the wake of the companys strong Q4 March 2016 results. The domestic brokerage reportedly said that Tech Mahindra remains its top pick among Tier I offshore IT services firms, with results providing early evidence of improvement in operational/financial performance.

Powered by Capital Market - Live News

Bliss GVS Pharma hits 52-week low
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the S&P BSE Sensex was up 436.39 points or 1.72% at 25,741.86.

On BSE, so far 1.04 lakh shares were traded in the counter as against average daily volume of 77,121 shares in the past one quarter. The stock hit a low of Rs 90 so far during the day, which is a 52-week low for the counter. The stock hit a high of Rs 103.25 so far during the day. The stock had hit a record high of Rs 210.90 on 7 October 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 14.71% compared with Sensexs 2.06% fall. The scrip had also underperformed the market in past one quarter, declining 33.5% as against Sensexs 9.6% rise.

The small-cap company has equity capital of Rs 10.31 crore. Face value per share is Rs 1.

Bliss GVS Pharma is a fast-growing pharmaceutical company with a proven track record of developing, manufacturing and marketing high quality pharmaceutical formulations at affordable prices for the global market.

Powered by Capital Market - Live News

P I Industries gallops after announcing robust Q4 results
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the S&P BSE Sensex was up 422.98 points or 1.67% at 25,728.45.

On BSE, so far 36,224 shares were traded in the counter as against average daily volume of 33,278 shares in the past one quarter. The stock hit a high of Rs 648.55 and a low of Rs 611.95 so far during the day. The stock had hit a 52-week high of Rs 756.20 on 25 May 2015. The stock had hit a 52-week low of Rs 495.35 on 26 February 2016. The stock had underperformed the market over the past one month till 24 May 2016, sliding 6.96% compared with Sensexs 2.06% fall. The scrip had, however, outperformed the market in past one quarter, gaining 10.84% as against Sensexs 9.6% rise.

The mid-cap company has equity capital of Rs 13.71 crore. Face value per share is Re 1.

P I Industries said that the growth in revenue in Q4 March 2016 was backed by 17% growth in revenue of agri-inputs business and 6% growth in revenue from custom synthesis exports. The domestic performance was driven by momentum within the portfolio of in-licensed products in light of the expected good monsoon. The planned scale-up in deliveries against existing molecules combined with commissioning of two new plants at Jambusar facility led to healthy improvement in custom synthesis exports.

P I Industries said that the future business outlook remains positive, duly supported by favourable expectations of good monsoon in the key domestic market, normalization of momentum in exports and regular introduction of 2-3 products in both the segments i.e. agri-input and custom synthesis. Growth on the domestic front will be driven by a leading profile of exciting products that have been launched in the past couple of years and augmented by new introductions. This will be supported by extensive efforts to establish the range of products further, while leveraging the extensive distribution apparatus and farmer outreach initiatives of the company.

The company will introduce a new herbicide named, Legacee during Kharif 2016. The custom synthesis exports remains well-placed to deliver robust upsides in the coming year on the back of growth in requirements for existing molecules and commercialization of new molecules as per plan, continuing strong order book position, production scale-up on account of the two newly commissioned plants at Jambusar, focus on developing new process technologies through investment in R&D and initiated business in the pharmaceuticals segment.

P I Industries focuses on agri-input and custom synthesis.

Powered by Capital Market - Live News

Tech Mahindra surges on reports of domestic brokerage retaining accumulate rating
May 25,2016

Meanwhile, the S&P BSE Sensex was up 389.38 points or 1.54% at 25,694.85.

On BSE, so far 6.53 lakh shares were traded in the counter as against average daily volume of 1.62 lakh shares in the past one quarter. The stock hit a high of Rs 548 and a low of Rs 494.50 so far during the day. The stock had hit a 52-week high of Rs 668.75 on 25 May 2015. The stock had hit a 52-week low of Rs 407.50 on 29 February 2016. The stock had outperformed the market over the past one month till 24 May 2016, sliding 0.16% compared with Sensexs 2.06% fall. The scrip had also outperformed the market in past one quarter, surging 13.74% as against Sensexs 9.6% rise.

The large-cap company has equity capital of Rs 485.26 crore. Face value per share is Rs 5.

The domestic brokerage reportedly said that Tech Mahindra remains its top pick among Tier I offshore IT services firms, with results providing early evidence of improvement in operational/financial performance.

Tech Mahindras consolidated net profit rose 18.15% to Rs 897 crore on 2.72% rise in revenue from services to Rs 6883.70 crore in Q4 March 2016 over Q3 December 2015. Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 2.2% to Rs 1161.30 crore in Q4 March 2016 over Q3 December 2015. The EBITDA margin dropped to 16.87% in Q4 March 2016 from 16.95% in Q3 December 2015. The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the company has dropped its plan to set up a payments bank. The company had received in-principle approval from the Reserve Bank of India in August 2015 for setting up a payments bank.

Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions.

Powered by Capital Market - Live News

Amara Raja Batteries drops after reporting small growth in profitability in Q4
May 25,2016

The result was announced before market hours today, 25 May 2016.

Meanwhile, the BSE Sensex was up 369.01 points, or 1.46%, to 25,674.48.

On BSE, so far 34,661 shares were traded in the counter, compared with an average volume of 23,341 shares in the past one quarter. The stock hit a high of Rs 869.90 and a low of Rs 842.50 so far during the day. The stock hit a record high of Rs 1,132 on 25 August 2015. The stock hit a 52-week low of Rs 773.05 on 18 January 2016. The stock had underperformed the market over the past one month till 24 May 2016, dropping 3.48% compared with Sensexs 2.06% fall. The scrip had also underperformed the market in past one quarter, rising 1.28% as against Sensexs 9.6% rise.

The large-cap company has an equity capital of Rs 17.08 crore. Face value per share is Re 1.

Amara Raja Batteries is one of the largest manufacturers of lead acid batteries for both industrial and automotive applications in the Indian storage battery industry.

Powered by Capital Market - Live News

VRL Logistics extends Tuesdays slide
May 25,2016

Meanwhile, the S&P BSE Sensex was up 385.33 points or 1.52% at 25,690.80.

On BSE, so far 19.05 lakh shares were traded in the counter as against average daily volume of 21,925 shares in the past one quarter. The stock hit a low of Rs 253 so far during the day, which is a 52-week low for the counter. The stock hit a high of Rs 291 so far during the day. The stock had hit a record high of Rs 478.70 on 1 September 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 22.63% compared with Sensexs 2.06% fall. The scrip had also underperformed the market in past one quarter, advancing 2.66% as against Sensexs 9.6% rise.

The small-cap company has equity capital of Rs 91.24 crore. Face value per share is Rs 10.

Shares of VRL Logistics have tanked 26.13% in two trading sessions from its close of Rs 393.85 on 23 May 2016, after the company after market hours on 23 May 2016 said its promoters may dilute a portion of their stake in the company to fund their proposed airline venture. The stock had tumbled by its maximum permissible level of 20% to settle at Rs 315.10 yesterday, 24 May 2016.

VRL Logistics said that promoters Vijay Sankeshwar and Anand Sankeshwar informed the board of directors of the company that they are currently proposing to enter the civil aviation industry by incorporating a separate company to undertake the business of a regional airline. The promoters said that they have taken this in-principle decision after a lot of study and inputs from industry experts. They intend to promote this new airline and induct a professional management to manage the day to day operations and grow this business, the statement said. The promoters have assured the companys board that they will continue to hold a majority stake in the company. Vijay Sankeshwar and Anand Sankeshwar held 34.84% and 34.27% stake respectively in VRL Logistics as on 31 March 2016.

VRL Logistics net profit declined 31.8% to Rs 13.21 crore on 4.5% growth in net sales to Rs 411.92 crore in Q4 March 2016 over Q4 March 2015.

VRL Logistics is one of the leading pan-India surface logistics and parcel delivery service providers.

Powered by Capital Market - Live News

GSFC slumps after reporting weak Q4 results
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the BSE Sensex was up 354.95 points, or 1.36%, to 25,649.36.

More than usual volumes were witnessed on the counter. On BSE, so far 3.44 lakh shares were traded in the counter, compared with an average volume of 1.8 lakh shares in the past one quarter. The stock hit a high of Rs 75 and a low of Rs 71.55 so far during the day. The stock hit a 52-week high of Rs 86.70 on 4 January 2016. The stock hit a 52-week low of Rs 57.65 on 12 February 2016. The stock had outperformed the market over the past one month till 24 May 2016, gaining 8.51% compared with Sensexs 2.06% fall. The scrip had also outperformed the market in past one quarter, jumping 32.31% as against Sensexs 9.6% rise.

The mid-cap company has an equity capital of Rs 79.70 crore. Face value per share is Rs 2.

Gujarat State Fertilizers & Chemicals (GSFC) said that the board of directors of the company at a meeting held yesterday, 24 May 2016, recommended a dividend of Rs 2.20 per share for the year ended 31 March 2016 (FY 2016).

GSFC is engaged in manufacturing and marketing fertilizers, petrochemicals, chemicals, industrial gases, plastics, fibers and other products.

Powered by Capital Market - Live News

Oil E&P stocks edge higher as crude gains
May 25,2016

ONGC (up 1.28% at Rs 209.30), Cairn India (up 1.06% at Rs 138.05), Oil India (up 0.35% at Rs 344) and Reliance Industries (up 0.34% at Rs 943.20) edged higher.

Meanwhile, the S&P BSE Sensex was up 350.27 points or 1.38% at 25,655.74.

Higher crude oil prices will result in higher realization from crude sales for oil exploration firms.

In the global commodities markets, Brent crude oil futures edged higher on expectations that recent supply disruptions will prompt a decline in weekly US crude inventories. Brent for July settlement was up 53 cents at $49.14 a barrel. The contract had risen 26 cents or 0.53% to settle at $48.61 a barrel during the previous trading session.

Powered by Capital Market - Live News

Bajaj Finserv gains on bargain hunting
May 25,2016

Meanwhile, the S&P BSE Sensex was up 354.05 points or 1.4% at 25,659.52.

On BSE, so far 1,544 shares were traded in the counter as against average daily volume of 21,785 shares in the past one quarter. The stock hit high of Rs 1,810.25 and low of Rs 1,762.20 so far during the day. The stock had hit a record high of Rs 2,160 on 4 August 2015. The stock had hit a 52-week low of Rs 1,446 on 3 June 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 4.77% compared with Sensexs 2.06% fall. The scrip had also underperformed the market in past one quarter, gaining 9.51% as against Sensexs 9.6% rise.

The large-cap company has equity capital of Rs 79.57 crore. Face value per share is Rs 5.

Shares of Bajaj Finserv had dropped 5.12% to settle at Rs 1,762.15yesterday, 24 May 2016, in four sessions from a close of Rs 1,857.35 on 18 May 2016. Meanwhile, Bajaj Finservs consolidated net profit fell 26.75% to Rs 517.95 crore on 6.67% growth in total income to Rs 2567.18 crore in Q4 March 2016 over Q4 March 2015. The result was announced after market hours yesterday, 24 May 2016.

During the year ended 31 March 2016 (FY 2016), Bajaj Allianz Life Insurance Company transferred surplus in the policyholders revenue account based on its audited interim financial statements and to the extent permissible as per the applicable regulations, to the shareholders account on a quarterly basis, as against the past practice of transferring such surplus at the close of the financial year. Consequently, the results for Q4 March 2016 are not comparable.

Bajaj Finserv participates in the financing busines through its holding in Bajaj Finance and in protection business through its holding in Bajaj Allianz General Insurance Company and Bajaj Alliance Life Insurance Company.

Powered by Capital Market - Live News

Bank of India turns volatile after announing Q4 numbers
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the S&P BSE Sensex was up 323.05 points or 1.28% at 25,628.52.

On BSE, so far 4.62 lakh shares were traded in the counter as against average daily volume of 6.14 lakh shares in the past one quarter. The stock lost as much as 2.17% at the days low of Rs 78.60 so far during the day, which is a 52-week low for the counter. The stock rose as much as 1.61% at the days high of Rs 81.65 so far during the day. The stock had hit a 52-week high of Rs 207.95 on 27 May 2015. The stock had underperformed the market over the past one month till 24 May 2016, sliding 17.63% compared with Sensexs 2.06% fall. The scrip had also underperformed the market in past one quarter, declining 6.24% as against Sensexs 9.6% rise.

The mid-cap state-run bank has equity capital of Rs 934.03 crore. Face value per share is Rs 10.

Bank of Indias total income fell 7.3% to Rs 11384.91 crore in Q4 March 2016 over Q4 March 2015.

The banks gross non-performing assets (NPAs) stood at Rs 49879.13 crore as on 31 March 2016 as against Rs 36519.14 crore as on 31 December 2015 and Rs 22193.24 crore as on 31 March 2015. The ratio of gross NPAs to gross advances stood at 13.07% as on 31 March 2016 as against 9.18% as on 31 December 2015 and 5.39% as on 31 March 2015. The ratio of net NPAs to net advances stood at 7.79% as on 31 March 2016 as against 5.25% as on 31 December 2015 and 3.36% as on 31 March 2015.

The banks provisions and contingencies rose 142.5% to Rs 5470.36 crore in Q4 March 2016 over Q4 March 2015.

The Government of India held 68.01% stake in Bank of India (as per the shareholding pattern as on 31 March 2016).

Powered by Capital Market - Live News

Tech Mahindra jumps after reporting good Q4 results
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the BSE Sensex was up 307.01 points, or 1.21%, to 25,612.48.

On BSE, so far 78,672 shares were traded in the counter, compared with an average volume of 1.62 lakh shares in the past one quarter. The stock hit a high of Rs 510.75 and a low of Rs 494.50 so far during the day. The stock hit a 52-week high of Rs 668.75 on 25 May 2015. The stock hit a 52-week low of Rs 407.50 on 29 February 2016.

Tech Mahindras earnings before interest, taxation, depreciation and amortization (EBITDA) rose 2.2% to Rs 1161.30 crore in Q4 March 2016 over Q3 December 2015. The EBITDA margin dropped to 16.87% in Q4 March 2016 from 16.95% in Q3 December 2015.

Meanwhile, the company has dropped its plan to set up a payments bank. The company had received in-principle approval from the Reserve Bank of India in August 2015 for setting up a payments bank.

Tech Mahindra said that the board of directors of the company at its meeting held on 24 May 2016, recommended a dividend of Rs. 12 per share for the year ended 31 March 2016 (FY 2016).

Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions.

Powered by Capital Market - Live News

Cipla hits 52-week low after weak Q4 results
May 25,2016

The result was announced after market hours yesterday, 24 May 2016.

Meanwhile, the S&P BSE Sensex was up 302.97 points or 1.2% at 25,608.44.

On BSE, so far 1.13 lakh shares were traded in the counter as against average daily volume of 1.28 lakh shares in the past two weeks. The stock hit a low of Rs 467.30 so far during the day, which is a 52-week low for the counter. The stock hit a high of Rs 480.10 so far during the day. The stock had hit a 52-week high of Rs 748 on 17 August 2015.

The large-cap company has equity capital of Rs 160.69 crore. Face value per share is Rs 2.

The companys earnings before interest, taxation, depreciation and amortization (EBITDA) declined 56.9% to Rs 219 crore in Q4 March 2016 over Q4 March 2015.

Cipla is a global pharmaceutical company. The companys portfolio includes over 1,500 products across wide range of therapeutic categories with one quality standard globally.

Powered by Capital Market - Live News

Torrent Pharma advances after strong Q4 outcome
May 24,2016

The result was announced after market hours yesterday, 23 May 2016.

Meanwhile, the S&P BSE Sensex was up 90.76 points or 0.36% at 25,321.15

On BSE, so far 68,106 shares were traded in the counter as against average daily volume of 21,189 shares in the past one quarter. The stock hit a high of Rs 1,417.95 and a low of Rs 1,250.85 so far during the day. The stock had hit a record high of Rs 1,720 on 1 September 2015. The stock had hit a 52-week low of Rs 1172.20 on 1 June 2015.

The large-cap company has equity capital of Rs 84.61 crore. Face value per share is Rs 5.

Torrent Pharmaceuticals consoldiated earnings before interest, taxation, depreciation and amortization (EBITDA) rose 96% to Rs 507 crore in Q4 March 2016 over Q4 March 2015. Torrent Pharmaceuticals said that the results for the Q3 December 2015 and Q4 March 2016 are after giving effect of scheme of amalgamation while figures for corresponding quarters are before giving effect of amalgamation. Hence, the figures for corresponding period and previous year are not comparable with figures of current period. It may be recalled that Torrent Pharmaceuticals had acquired 100% stake in formulation facility of Zyg Pharma on 17 July 2015.

Torrent Pharma is the flagship company of the Torrent Group. The company is engaged in the manufacture of formulations and bulk drugs.

Powered by Capital Market - Live News