My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Firstsource Solutions gains after subsidiary repays debt
Sep 30,2016

The announcement was made during trading hours today, 30 September 2016.

Meanwhile, the BSE Sensex was down 80.64 points, or 0.29%, to 27,746.89.

On BSE, so far 2.35 lakh shares were traded in the counter, compared with average daily volume of 6.70 lakh shares in the past one quarter. The stock hit a high of Rs 41 and a low of Rs 39 so far during the day. The stock hit a 52-week high of Rs 53.65 on 26 July 2016. The stock hit a 52-week low of Rs 26.30 on 1 October 2015. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 10.84% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 16.29% as against Sensexs 2.51% rise.

The small-cap company has equity capital of Rs 675.65 crore. Face value per share is Rs 10.

Firstsource Solutions said that Firstsource Group USA, Inc, a wholly-owned subsidiary of the company, has successfully made its sixth quarterly repayment of $11.25 million on its outstanding debt on 30 September 2016.

With this, the companys subsidiary repaid $67.50 million of debt so far since 30 June 2015.

On 27 May 2015, the company announced that it was successful in refinancing the long term and short term loans of its subsidiaries on better commercial terms maintaining the same repayment schedule for the balance principal outstanding on the long term loans.

On a consolidated basis, Firstsource Solutions net profit fell 3.73% to Rs 73.36 crore on 2.67% increase in net sales to Rs 875.25 crore in Q1 June 2016 over Q4 March 2016.

Firstsource Solutions is a global provider of customised BPM (Business Process Management). It operates in India, the Philippines, Sri Lanka, the UK and the US.

Powered by Capital Market - Live News

Corporation Bank gains after announcing lending rates based on marginal cost of funds
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the S&P BSE Sensex was down 8.01 points or 0.03% at 27,819.52

On BSE, so far 15,000 shares were traded in the counter as against average daily volume of 78,680 shares in the past one quarter. The stock hit a high of Rs 42.55 and a low of Rs 40.35 so far during the day. The stock had hit a 52-week low of Rs 30.75 on 25 February 2016. The stock had hit a 52-week high of Rs 47.80 on 9 September 2016. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 2.92% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, rising 0.85% as against Sensexs 2.51% rise.

The mid-cap state-run bank has equity capital of Rs 204.50 crore. Face value per share is Rs 2.

Corporation Banks Marginal Cost of Funds based Lending Rate (MCLR) for overnight loans will be 9.05%, for one month will be 9.15% and for three months will be 9.30%. The MCLR on 6-month loans will be 9.40% and for one-year loans the rate would be 9.50%, the bank said.

Corporation Banks net profit dropped 82.41% to Rs 35.92 crore on 1.75% fall in total income to Rs 5241.12 crore in Q1 June 2016 over Q1 June 2015.

The Government of India held 67.2% stake in Corporation Bank as per the shareholding pattern as on 30 June 2016.

Powered by Capital Market - Live News

Seamec jumps after winning contract
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was down 43.49 points, or 0.16%, to 27,784.04

On BSE, so far 5,198 shares were traded in the counter, compared with average daily volume of 15,660 shares in the past one quarter. The stock hit a high of Rs 85.85 and a low of Rs 82.10 so far during the day. The stock hit a 52-week high of Rs 127 on 3 November 2015. The stock hit a 52-week low of Rs 64.25 on 31 March 2016. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 13.42% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 23.03% as against Sensexs 2.51% rise.

The small-cap company has equity capital of Rs 25.43 crore. Face value per share is Rs 10.

Seamec said that it has entered into an agreement with HAL Offshore (HAL) for deployment of vessel Seamec II along with provision of services of remotely operated vehicle (ROV), the contract commenced with effect from 28 September 2016. As intimated, the total contract value for the period of 3 years will be $33.44 million approximately.

Seamec reported net loss of Rs 11.16 crore in Q1 June 2016 as against net profit of Rs 12.19 crore in Q1 June 2015. Net sales declined 46.28% to Rs 46.62 crore in Q1 June 2016 over Q1 June 2015.

Seamec is the regions leading provider of Diving Support Vessel (DSV) based diving services. The company has experience in the ongoing subsea inspection, repair, maintenance and light construction required for the efficient and productive support of offshore oil production.

Powered by Capital Market - Live News

Majesco gains after tie up with Dropln
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was down 14.66 points, or 0.05%, to 27,812.87.

On BSE, so far 6,898 shares were traded in the counter, compared with average daily volume of 27,648 shares in the past one quarter. The stock hit a high of Rs 449.95 and a low of Rs 438.60 so far during the day. The stock hit a record high of Rs 789 on 12 January 2016. The stock hit a 52-week low of Rs 308.10 on 1 October 2015. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 10.74% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 19.35% as against Sensexs 2.51% rise.

The small-cap company has equity capital of Rs 11.62 crore. Face value per share is Rs 5.

Majesco announced a strategic partnership with Dropln, Inc. Dropln is an innovative provider of an on-demand live video platform for auto and home insurance, using smartphones and drones. In addition, they have access to a crowdsourced independent contractor network of 60,000 Droperators and 1100 drone pilots, smartphone users who capture on-demand live video streams, and photos for insurance professionals.

As part of this partnership, the companies have pre-integrated Droplns solution with the Majesco Cloudlnsurer through the Majesco DigitalConnect platform to offer the advanced, innovative claims capabilities which will enhance and streamline the claims experience for the insurers. The companies will be working together to identify joint business opportunities with new and existing clients, focused on helping Majesco customers further innovate claims using these emerging technologies and methods. In particular, this integrated solution and access to the Droperator network is expected to be appealing to new greenfields and startups.

The Dropln platform enables insurers to use on-demand live video for policy acquisition and management by harnessing the power of the video camera inside the smartphone that nearly everyone carries. It eliminates the need for the underwriter/claims adjuster to travel and provides access to the customer with unprecedented immediacy. Live video options include direct to customers, direct to field or partner resources, and on-demand to droperators or drones.

On a consolidated basis, Majesco reported net profit of Rs 1.71 crore in Q1 June 2016 compared with net loss of Rs 1.97 crore in Q4 March 2016. Net sales rose 0.76% to Rs 216.27 crore in Q1 June 2016 over Q4 March 2016.

Majesco enables insurance business transformation for about 150 insurance customers worldwide by providing solutions which include software, consulting and services.

Powered by Capital Market - Live News

NHPC gains after signing wind power purchase agreement in Rajasthan
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was up 3.26 points, or 0.01%, to 27,830.79.

On BSE, so far 1.04 lakh shares were traded in the counter, compared with average daily volume of 5.33 lakh shares in the past one quarter. The stock hit a high of Rs 25.50 and a low of Rs 24.30 so far during the day. The stock hit a 52-week high of Rs 28.20 on 31 August 2016. The stock hit a 52-week low of Rs 16.55 on 1 October 2015. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 13.37% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 2.61% as against Sensexs 2.51% rise.

The large-cap company has equity capital of Rs 11070.67 crore. Face value per share is Rs 10.

NHPC said that a wind power purchase agreement (PPA) has been signed amongst Rajasthan Government, NHPC and INOX on 28 September 2016 for 50 megawatts (MW) wind power project in Jaisalmer, Rajasthan. As per the PPA, Rajasthan Government will purchase the power generated from the project.

NHPCs net profit rose 7.5% to Rs 857.82 crore on 9.4% growth in net sales to Rs 2166.04 crore in Q1 June 2016 over Q1 June 2015.

NHPC was incorporated in the year 1975 with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objects to include development of power in all its aspects through conventional and non-conventional sources in India and abroad.

Government of India (GoI) currently holds 74.59% stake in NHPC (as per the shareholding pattern as on 30 June 2016).

Powered by Capital Market - Live News

Alkem Laboratories slips after getting USFDA observations on Daman plant
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was up 64.65 points, or 0.23%, to 27,892.18.

On BSE, so far 27,000 shares were traded in the counter, compared with average daily volume of 9,076 shares in the past one quarter. The stock hit a high of Rs 1,765.60 and a low of Rs 1,655 so far during the day. The stock hit a record high of Rs 1,852.95 on 29 September 2016. The stock hit a record low of Rs 1,175 on 2 May 2016. The stock had outperformed the market over the past 30 days till 29 September 2016, rising 16.67% compared with 2.20% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 32.06% as against Sensexs 2.51% rise.

The large-cap company has equity capital of Rs 23.91 crore. Face value per share is Rs 2.

Alkem Laboratories said that US Food and Drug Administration (USFDA) had conducted an inspection at the companys manufacturing facility located at Daman, India from 20 September 2016 to 29 September 2016. In this regard, the company has received the inspection report which contains thirteen 483 observations. The company said it will put together a detailed response with adequate corrective and preventive measures to address the USFDA observations and the same is proposed to be filed within the timeline stipulated by USFDA.

On a consolidated basis, net profit of Alkem Laboratories rose 18.74% to Rs 238.79 crore on 20.34% rise in net sales to Rs 1439.36 crore in Q1 June 2016 over Q1 June 2015.

Alkem Laboratories is a pharmaceutical company with global operations, engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products.

Powered by Capital Market - Live News

Sintex Industries gains after announcing composite scheme of arrangement
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was down 23.44 points, or 0.08%, to 27,804.09.

On BSE, so far 8.11 lakh shares were traded in the counter, compared with average daily volume of 9.09 lakh shares in the past one quarter. The stock hit a high of Rs 78.50 and a low of Rs 74.70 so far during the day. The stock hit a 52-week high of Rs 106.45 on 15 October 2015. The stock hit a 52-week low of Rs 62.36 on 12 February 2016. The stock had underperformed the market over the past 30 days till 29 September 2016, falling 2.67% compared with 2.20% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 11.36% as against Sensexs 2.51% rise.

The mid-cap company has equity capital of Rs 52.34 crore. Face value per share is Re 1.

Sintex Industries said that its board approved the composite scheme of arrangement for the demerger of the custom moulding business and the prefab business from Sintex Industries to Sintex-BAPL and Sintex Infra Projects, respectively, each a wholly owned subsidiary of Sintex Plastics Technology. The proposed arrangement will streamline various businesses developed by the group, thereby creating focused leadership and management attention. The scheme also involves issuance of equity shares of Sintex Plastics Technology to the equity shareholders of Sintex Industries such that shareholders of Sintex Industries will effectively get one equity share of Sintex Plastics Technology upon demergers against one equity share held in Sintex Industries and listing of these equity shares of Sintex Plastics Technology on the BSE and the NSE. The transaction is expected to unlock value of shareholders by separating various businesses in different entities.

Sintex Industries consolidated net profit rose 11.45% to Rs 76.03 crore on 16.48% growth in net sales to Rs 1695.25 crore in Q1 June 2016 over Q1 June 2015.

Sintex Industries is a dominant player in the plastics and textile business segments.

Powered by Capital Market - Live News

All 19 sectoral indices on BSE in red
Sep 29,2016

The S&P BSE Sensex was currently down 465.28 points, or 1.64% at 27,827.53.

The Indian Army conducted surgical strikes on terror launch pads yesterday, 28 September 2016 night across the Line of Control (LoC) in Pakistan, killing several terrorists and causing significant casualties to their hideouts. The press conference was jointly conducted by the Ministry of External Affairs and the Ministry of Defence. The Pakistani military reportedly said no such strike had taken place but that there had been an exchange of firing at the frontier.

All the 19 sectoral indices on BSE declined. The S&P BSE Realty index (down 6.31%), the S&P BSE Power index (down 4.11%), the S&P BSE Utilities index (down 3.49%), the S&P BSE Basic Materials index (down 3.48%), the S&P BSE Industrials index (down 3.29%) were the key sectoral indices losers.

Powered by Capital Market - Live News

ICICI Bank slips after weak debut of insurance subsidiary
Sep 29,2016

Meanwhile, the BSE Sensex was down 493.56 points, or 1.74%, to 27,799.25.

On BSE, so far 36.76 lakh shares were traded in the counter, compared with average daily volume of 13.65 lakh shares in the past one quarter. The stock hit a high of Rs 263.65 and a low of Rs 243.80 so far during the day. The stock hit a 52-week high of Rs 292.65 on 16 October 2015. The stock hit a 52-week low of Rs 180.80 on 26 February 2016. The stock had outperformed the market over the past 30 days till 28 September 2016, rising 1.82% compared with 0.18% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 8.58% as against Sensexs 4.79% rise.

The large-cap private sector bank has equity capital of Rs 1163.77 crore. Face value per share is Rs 2.

Shares of ICICI Prudential Life Insurance Company (ICICI Prudential) were trading at Rs 300.10 at 14:57 IST on BSE, a discount of 10.15% over the initial public offer (IPO) price of Rs 334. The stock debuted at Rs 329, a discount of 1.50% to the IPO price. So far the stock hit a high of Rs 333.90 and low of Rs 295.50.

The IPO comprised sale of up to 18.13 crore equity shares of ICICI Prudential, representing about 12.63% of its equity share capital for cash, through an offer for sale (OFS) by ICICI Bank. The entire proceeds from the OFS was paid to ICICI Bank.

ICICI Prudential is the largest private sector life insurer in India by total premium and assets under management at 31 March 2016. ICICI Prudential is a joint venture between ICICI Bank and Prudential Corporation Holdings, a part of the Prudential Group, an international financial services group. The company is one of the first private sector life insurance companies in India. It commenced operations in October 2000 and offers a range of life insurance, health insurance and pension products and services.

After the IPO, ICICI Banks stake in the subsidiary reduced to 54.89% from 67.52% earlier. Prudential Corporation Holdings held 25.83% stake in the company.

ICICI Banks net profit fell 25% to Rs 2232.35 crore on 6.1% increase in operating income to Rs 16759.51 crore in Q1 June 2016 over Q1 June 2015.

ICICI Bank is one of the leading private sector banks in India.

Powered by Capital Market - Live News

Small-Cap, Mid-Cap stocks slide
Sep 29,2016

Both these indices underperformed the barometer index, S&P BSE Sensex, which lost 512.64 points or 1.81% to 27,780.17. As per reports, the Indian Army conducted surgical strikes on terror launch pads yesterday, 28 September 2016 night across the Line of Control (LoC) in Pakistan, killing several terrorists and causing significant casualties to their hideouts.

The broad market depicted weakness. There were more than six losers against every gainer on BSE. 2,322 shares rose and 339 shares fell. A total of 180 shares were unchanged.

Top losers in the S&P BSE Mid-Cap index were Reliance Communications (down 9.21%), GMR Infrastructure (down 8.36%), Adani Enterprises (down 8.07%), Indian Bank (down 7.64%), Steel Authority of India (down 7.9%).

Top losers in the S&P BSE Small-Cap index were Signet Industries (down 20%), Morepen Laboratories (down 16.89%), Sarda Energy & Minerals (down 12.93%), Prakash Industries (down 13.68%) and Orchid Pharma (down 14.38%).

Powered by Capital Market - Live News

Volumes jump at Repco Home Finance counter
Sep 29,2016

Repco Home Finance clocked volume of 2.33 lakh shares by 13:55 IST on BSE, a 53.76-times surge over two-week average daily volume of 4,000 shares. The stock fell 1.95% to Rs 802.45.

Solar Industries India notched up volume of 1.06 lakh shares, a 37.30-fold surge over two-week average daily volume of 3,000 shares. The stock fell 1.46% to Rs 638.

Emami saw volume of 2.30 lakh shares, a 24.55-fold surge over two-week average daily volume of 9,000 shares. The stock shed 0.49% to Rs 1,164.95.

Gloster clocked volume of 1.30 lakh shares, a 20.47-fold surge over two-week average daily volume of 6,000 shares. The stock rose 9.96% to Rs 466.95.

Cheviot Company saw volume of 1.02 lakh shares, a 19.36-fold rise over two-week average daily volume of 5,000 shares. The stock rose 5.63% to Rs 1,025.

Powered by Capital Market - Live News

United Breweries (Holdings) hits roof after robust Q1 results
Sep 29,2016

The result was announced after market hours yesterday, 28 September 2016.

Meanwhile, the BSE Sensex was down 2.59 points, or 0.01%, to 28,290.22.

On BSE, so far 9.37 lakh shares were traded in the counter, compared with average daily volume of 1.68 lakh shares in the past one quarter. The stock hit a low of Rs 44.65 in intraday trade. The stock hit a 52-week high of Rs 48.70 on 20 September 2016. The stock hit a 52-week low of Rs 18.10 on 30 May 2016. The stock had outperformed the market over the past 30 days till 28 September 2016, rising 43.99% compared with 0.18% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 79.92% as against Sensexs 4.79% rise.

The small-cap company has equity capital of Rs 66.82 crore. Face value per share is Rs 10.

United Breweries (Holdings) is the flagship holding company of the UB Group, through which the promoters and the promoter group hold their stakes in the various companies which comprise the UB Group.

Powered by Capital Market - Live News

Wockhardt gains after UK MHRA completes inspection of Chikalthana plant
Sep 29,2016

The announcement was made during trading hours today, 29 September 2016.

Meanwhile, the BSE Sensex was up 58.98 points, or 0.21%, to 28,351.79.

On BSE, so far 5.92 lakh shares were traded in the counter, compared with average daily volume of 3.17 lakh shares in the past one quarter. The stock hit a high of Rs 945 and a low of Rs 903 so far during the day. The stock hit a 52-week high of Rs 1,748.20 on 2 December 2015. The stock hit a 52-week low of Rs 706.35 on 12 February 2016. The stock had outperformed the market over the past 30 days till 28 September 2016, rising 9.16% compared with 0.18% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 2.90% as against Sensexs 4.79% rise.

The large-cap company has equity capital of Rs 55.27 crore. Face value per share is Rs 5.

Wockhardt announced that inspection of the companys manufacturing unit at L-1, Chikalthana, Aurangabad, Maharashtra by UK Medicines and Healthcare products Regulatory Agency (MHRA) has since been completed without any critical observations and the approval status of the said unit continues.

On a consolidated basis, Wockhardts net profit slumped 82.65% to Rs 15.89 crore on 6.57% decline in net sales to Rs 1064.01 crore in Q1 June 2016 over Q1 June 2015.

Wockhardt is a research based and technology intensive global pharmaceutical and biotechnology company.

Powered by Capital Market - Live News

CEAT advances as Amansa Holding Pte hikes stake
Sep 29,2016

The company made the announcement after trading hours yesterday, 28 September 2016.

Meanwhile, the S&P BSE Sensex, was currently up 74.14 points or 0.26% at 28,366.95

On BSE, so far 2.03 lakh shares were traded in the counter, compared with average daily volume of 1.16 lakh shares in the past one quarter. The stock hit a high of Rs 1,310 and low of Rs 1,263.90 so far during the trading session. The stock had hit record high of Rs 1,318.30 on 7 October 2015. The stock had hit 52-week low of Rs 731.20 on 24 June 2016. The stock had outperformed the market over the past 30 days till 28 September 2016, rising 38.48% compared with 0.18% rise in the Sensex. The scrip had outperformed the market in past one quarter, gaining 48.43% as against Sensexs 4.79% rise.

The mid-cap company has equity capital of Rs 40.45 crore. Face value per share is Rs 10.

Amansa Holding Pte bought 4.75 lakh shares or 1.17% stake in CEAT through secondary market purchase. After the latest stake buy, Amansa Holding Ptes stake in CEAT rose to 5.19%.

CEATs consolidated net profit fell 14.5% to Rs 104.06 crore on 4.04% increase in net sales to Rs 1460.92 crore in Q1 June 2016 over Q1 June 2015.

CEAT is one of Indias leading tyre manufacturers. The company sells its tyres under the CEAT brand.

Powered by Capital Market - Live News

Hindustan Copper declines as OFS for selling govts stake commences
Sep 29,2016

The announcement was made after market hours yesterday, 28 September 2016.

Meanwhile, the BSE Sensex was up 71.68 points, or 0.25%, to 28,364.49.

On BSE, so far 1.37 lakh shares were traded in the counter, compared with average daily volume of 1.76 lakh shares in the past one quarter. The stock hit a high of Rs 63.40 and a low of Rs 62.50 so far during the day. The stock hit a 52-week high of Rs 73.60 on 22 August 2016. The stock hit a 52-week low of Rs 42.30 on 19 February 2016. The stock had underperformed the market over the past 30 days till 28 September 2016, rising 0.15% compared with 0.18% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 22.72% as against Sensexs 4.79% rise.

The mid-cap company has equity capital of Rs 462.61 crore. Face value per share is Rs 5.

The government is offering a 7% stake in the company through a two-day offer for sale (OFS) beginning today, 29 September 2016. The government has set a floor price of Rs 62 per share, a 5.12% discount to the stocks Wednesdays closing share price of Rs 65.35 on BSE.

While the trading window is open for non-institutional investors today, 29 September 2016, retail investors can subscribe tomorrow, 30 September 2016. Retail investors will be allocated shares at a 5% discount to the cut-off price, the company said.

As at 11:15 IST, the OFS received bids for a total of 1.75 crore shares from non-retail investors as against 5.18 crore shares on offer for this category of investors.

The OFS, comprising 6.47 crore shares, will help the government raise Rs 401.54 crore. The governments stake will decline to 82.95% following the sale. The Government of India holds 89.95% stake in Hindustan Copper (as per shareholding pattern as on 30 June 2016).

Hindustan Copper reported net loss of Rs 2.88 crore in Q1 June 2016 as against net profit of Rs 20 crore in Q1 June 2015. Net sales declined 12.2% to Rs 205.99 crore in Q1 June 2016 over Q1 June 2015.

Hindustan Copper is a vertically integrated copper producing company encompassing mining, beneficiation, smelting, refining and casting of refined copper metal.

Powered by Capital Market - Live News