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Filatex India spurts after stellar Q4 earnings
Apr 25,2016

The result was announced after market hours on Friday, 22 April 2016.

Meanwhile, the S&P BSE Sensex was down 179.66 points or 0.7% at 25,658.48.

The stock surged on heavy volumes. On BSE, so far 5.96 lakh shares were traded on the counter as against average daily volume of 9,399 shares in the past one quarter. The stock hit a low of Rs 50.50 so far during the day. The stock had hit a 52-week high of Rs 59.45 on 21 October 2015. The stock had hit a 52-week low of Rs 23.90 on 13 May 2015. The stock had outperformed the market over the past one month till 22 April 2016, surging 15.66% compared with Sensexs 2% rise. The scrip had also outperformed the market in past one quarter, advancing 10.63% as against Sensexs 5.74 % rise.

The small-cap company has equity capital of Rs 32 crore. Face value per share is Rs 10.

Filatex India is involved in manufacturing of various varieties of synthetic manmade fibres.

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New order boosts Simplex Castings
Apr 25,2016

The announcement was made on Saturday, 23 April 2016.

Meanwhile, the S&P BSE Sensex was down 135.51 points or 0.52% at 25,702.63.

On BSE, so far 14,000 shares were traded in the counter as against average daily volume of 6,123 shares in the past one quarter. The stock hit a high of Rs 113 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 109 so far during the day. The stock had hit a 52-week low of Rs 31.70 on 27 April 2015. The stock had outperformed the market over the past one month till 22 April 2016, surging 44.48% compared with Sensexs 2% rise. The scrip had also outperformed the market in past one quarter, advancing 24.61% as against Sensexs 5.74 % rise.

The small-cap company has equity capital of Rs 5.98 crore. Face value per share is Rs 10.

The latest order from Ministry of Railways is for manufacture & supply of cast steel bogies for Container Corporation of Indias (Concor) container flat wagons. This order will be add-on to the performance of the company in financial year 2016-17, Simplex Castings said.

Simplex Castings net profit rose 410% to Rs 0.51 crore on 50.9% growth in net sales to Rs 47.05 crore in Q3 December 2015 over Q3 December 2014.

Simplex Castings manufactures engineering products, castings and equipments.

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Honda Siel Power gains after launching indigenously built power tiller
Apr 25,2016

The announcement was made on Saturday, 23 April 2016.

Meanwhile, the S&P BSE Sensex was down 162.65 points or 0.63% at 25,675.49.

On BSE, so far 2,163 shares were traded in the counter as against average daily volume of 1,367 shares in the past two weeks. The stock hit a high of Rs 1,395 and a low of Rs 1,356 so far during the day. The stock had hit a record high of Rs 1,537 on 3 August 2015. The stock had hit a 52-week low of Rs 1,040 on 8 June 2015. The stock had outperformed the market over the past one month till 22 April 2016, rising 7.11% compared with 2% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 14.6% as against Sensexs 5.74% rise.

The mid-cap company has equity capital of Rs 10.14 crore. Face value per share is Rs 10.

Honda Siel Power Products said that the product was launched as a part of governments Make in India initiative and renewed thrust on farm mechanization.

Honda Siel Power Products net profit rose 15% to Rs 13.98 crore on 14.4% rise in net sales to Rs 173.75 crore in Q3 December 2015 over Q3 December 2014.

Honda Siel Power Products is a manufacturer of power products and is a subsidiary of Honda Motor Co. Japan and was incorporated on 19th Sept, 1985. It manufactures and markets a range of portable generators, water pumps and general purpose engine at its state-of-art manufacturing facilities at Greater Noida. It is also engaged in the marketing of lawnmower, brush cutter, long tailed outboard motors and power tiller.

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Kalpataru Power gains after receiving new orders
Apr 25,2016

The announcement was made during market hours today, 25 April 2016.

Meanwhile, the S&P BSE Sensex was down 137.26 points or 0.57% at 25,689.94.

On BSE, so far 28,505 shares were traded in the counter as against average daily volume of 19,592 shares in the past two weeks. The stock hit a high of Rs 226 and a low of Rs 212.90 so far during the day. The stock had hit a 52-week high of Rs 291.80 on 6 August 2015. The stock had hit a 52-week low of Rs 160 on 12 February 2016. The stock had outperformed the market over the past one month till 22 April 2016, rising 3.93% compared with 2% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 11.47% as against Sensexs 5.74% rise.

The mid-cap company has equity capital of Rs 30.69 crore. Face value per share is Rs 2.

Kalpataru Power Transmission (KPTL) said that it has received orders for construction and supply of 225KV & 90KV overhead transmission lines of Rs 930 crore in West Africa. The projects have been awarded to KPTL and its wholly owned subsidiary, Kalpataru Power DMCC and will be delivered by the respective entities. The company said that it also received orders for construction of 220KV & 132KV substations, transmission lines and feeder bay work of Rs 220 crore from Madhya Pradesh Power Transmission Company.

Commenting on the order wins, Manish Mohnot, Managing Director, KPTL said that the company has the visibility of order book in excess of Rs 10000 crore, which will drive its growth for the next few years.

Kalpataru Power Transmissions net profit fell 7% to Rs 38.11 crore on 24.5% decline in net sales to Rs 856.48 crore in Q3 December 2015 over Q3 December 2014.

Kalpataru Power Transmission is a turnkey player in power, infrastructure and asset creation.

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M&M Financial gains after good Q4 earnings
Apr 25,2016

The result was announced on Saturday, 23 April 2016.

Meanwhile, the S&P BSE Sensex was down 148.11 points or 0.57% at 25,690.03.

On BSE, so far 3.86 lakh shares were traded in the counter as against average daily volume of 1.27 lakh shares in the past one quarter. The stock hit a high of Rs 293.65 and a low of Rs 282.25 so far during the day. The stock had hit a 52-week high of Rs 294 on 7 July 2015. The stock had hit a 52-week low of Rs 173.40 on 12 February 2016. The stock had outperformed the market over the past one month till 22 April 2016, gaining 14.38% compared with Sensexs 2% rise. The scrip had also outperformed the market in past one quarter, advancing 37.77% as against Sensexs 5.74 % rise.

The large-cap company has equity capital of Rs 113.75 crore. Face value per share is Rs 2.

Mahindra & Mahindra Financial Services board of directors at its meeting held on Saturday, 23 April 2016, approved the increase in the borrowing limits of the company from Rs 50000 crore to Rs 55000 crore. The board approved the issue of secured/unsecured non-convertible debentures including subordinated debentures on a private placement basis, within the overall borrowing limits of the company.

Mahindra & Mahindra Financial Services, part of the Mahindra Group, is one of Indias leading non-banking finance companies.

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TCS gains after launching new IT solution
Apr 25,2016

The announcement was made after market hours on Friday, 22 April 2016.

Meanwhile, the S&P BSE Sensex was down 133.21 points or 0.52% at 25,704.93.

On BSE, so far 13,971 shares were traded in the counter as against average daily volume of 80,789 shares in the past one quarter. The stock hit high of Rs 2,448 and low of Rs 2,406 so far during the day. The stock had hit a 52-week high of Rs 2,769 on 5 October 2015. The stock had hit a 52-week low of Rs 2,119 on 29 February 2016. The stock had underperformed the market over the past one month till 22 April 2016, falling 2.3% compared with 2% gains in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 5.31% as against Sensexs 5.74% rise.

The large-cap company has equity capital of Rs 197.04 crore. Face value per share is Rs 1.

TCS said that Network Function Virtualization (NFV) Management framework is launched to aid the growing demand for network services due to rise of smart devices and increasing mobile data traffic. NFV enables operators to monetize their cloud infrastructure more effectively by providing capabilities to start new services quickly and seamlessly meet changing network demands. It also provide them with the ability to monitor their cloud environment and make critical business decisions in near real time. The TCS framework enables the Network administrators to securely and flawlessly monitor and manage critical operations with Red Hat OpenStack Platform.

TCS consolidated net profit rose 5% to Rs 6413.12 crore on 4% growth in sales to Rs 28448.61 crore in Q4 March 2016 over Q3 December 2015.

TCS is an IT services, consulting and business solutions organization. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

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DIC India slumps after announcing Q1 results
Apr 25,2016

The result was announced after market hours on Friday, 22 April 2016.

Meanwhile, the S&P BSE Sensex was down 83.24 points or 0.32% at 25,754.90.

On BSE, so far 2,106 shares were traded in the counter as against average daily volume of 1,385 shares in the past one quarter. The stock hit a high of Rs 655 and a low of Rs 601.25 so far during the day. The stock had hit a 52-week low of Rs 384 on 7 May 2015. The stock had hit a record high of Rs 746.75 on 6 August 2015. The stock had outperformed the market over the past one month till 22 April 2016, surging 20.93% compared with Sensexs 2% rise. The scrip had, however, underperformed the market in past one quarter, advancing 3.68% as against Sensexs 5.74 % rise.

The small-cap company has equity capital of Rs 9.18 crore. Face value per share is Rs 10.

DIC India is one of the largest companies in the Indian printing, publishing and packaging industry segment, serving top-of-the-line newspapers, magazines, packaging and printing establishments in the country.

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Bharti Airtel gains as board to consider share buyback
Apr 25,2016

The announcement was made on on Saturday, 23 April 2016.

Meanwhile, the S&P BSE Sensex was down 56.65 points or 0.22% at 25,781.49.

On BSE, so far 46,286 shares were traded in the counter as against average daily volume of 3.39 lakh shares in the past two weeks. The stock hit a high of Rs 363.85 and a low of Rs 355 so far during the day. The stock had hit a 52-week high of Rs 452.45 on 21 July 2015. The stock had hit a 52-week low of Rs 282.30 on 29 January 2016. The stock had underperformed the market over the past one month till 22 April 2016, rising 0.51% compared with 2% gains in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 18.15% as against Sensexs 5.74% rise.

The large-cap company has an equity capital of Rs 1998.70 crore. Face value per share is Rs 5.

Bharti Airtel will also announce its Q4 March 2016 results on 27 April 2016. The board of directors at the time of announcement of its Q4 results will also consider payment of final dividend for the year ended 31 March 2016 on that day.

On consolidated basis, Bharti Airtels net profit declined 22.2% to Rs 1116.90 crore on 3.7% growth in net sales to Rs 24065.90 crore in Q3 December 2015 over Q3 December 2014.

Bharti Airtel is one of the leading global telecommunications service providers with operations in 20 countries across Asia and Africa.

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RIL drops after announcing Q4 results
Apr 25,2016

The result was announced after market hours on Friday, 22 April 2016.

Meanwhile, the S&P BSE Sensex was almost unchanged at 25,838.57.

On BSE, so far 1.17 lakh shares were traded in the counter as against average daily volume of 4.03 lakh shares in the past one quarter. The stock hit a high of Rs 1,044.90 and a low of Rs 1,023 so far during the day.

The large-cap company has equity capital of Rs 3240.38 crore. Face value per share is Rs 10.

Reliance Industries (RIL)s consolidated net profit rose 15.93% to Rs 7398 crore on 10.95% fall in total income to Rs 62010 crore in Q4 March 2016 over Q4 March 2015. RILs profit before interest, depreciation and tax (PBDIT) rose 16.9% to Rs 13994 crore in Q4 March 2016 over Q4 March 2015. Earnings before interest and tax (EBIT) margin increased to 12.1% in Q4 March 2016 as compared with 8.88% in Q4 March 2015. Decline in revenue was led by the 41.4% decline in benchmark oil price which averaged at $30.4 per barrel in Q4 March 2016 as compared to $51.9 per barrel in Q4 March 2015. Based on standalone performance, the gross refining margin (GRM) increased to $10.80 per barrel in Q4 March 2016 from $10.10 per barrel in Q4 March 2015. Operating profit before other income and depreciation increased by 21.7% on to Rs 12008 crore in Q4 March 2016 over Q4 March 2015. Strong operating performance from refining and petrochemicals businesses coupled with favorable exchange rate movement was partially offset by lower contribution from oil & gas business.

RIL is a diversified firm having presence in oil exploration, petrochemicals, retail and telecom sectors.

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Cairn India declines after reporting net loss in Q4
Apr 25,2016

The result was announced after market hours on Friday, 22 April 2016.

Meanwhile, the S&P BSE Sensex was down 5.38 points or 0.02% at 25,832.76.

On BSE, so far 1.94 lakh shares were traded in the counter as against average daily volume of 3.50 lakh shares in the past one quarter. The stock hit a high of Rs 148.70 and a low of Rs 143.65 so far during the day. The stock had hit a 52-week low of Rs 106.60 on 19 January 2016. The stock had hit a 52-week high of Rs 221 on 5 May 2015. The stock had underperformed the market over the past one month till 22 April 2016, sliding 4.24% compared with Sensexs 2% rise. The scrip had, however, outperformed the market in past one quarter, advancing 34.1% as against Sensexs 5.74 % rise.

The large-cap company has equity capital of Rs 1874.86 crore. Face value per share is Rs 10.

Cairn Indias net total income from operations declined 35.87% to Rs 1716.83 crore in Q4 March 2016 over Q4 March 2015.

Cairn Indias bottom line during the quarter was dragged down due to impairment charges. Due to decline in crude oil prices in the international market, the company has recorded an impairment on the carrying value of goodwill and some of its non-producing oil and gas assets aggregating to Rs 11389.63 crore and Rs 284.17 crore respectively in Q4 March 2016.

Cairn India said it is committed to the companys merger with Vedanta and continue to work towards its completion. The merger would generate value for the shareholders and de-risks Cairn India by providing access to a portfolio of diversified assets in a volatile market and deliver significant near term growth, the company said in a statement.

With regard to its business outlook for the current financial year (FY 2017), Cairn India said it aims to maintain production from Rajasthan asset broadly at FY 2016 level. With an estimated net capex of $100 million, the company plans to invest 80% in development (primarily RDG Gas and Mangala EOR completion activities) and 20% in exploration. Cairn India said it will continue investing in pre-development activities of its key projects in Core MBA fields, Barmer Hills and Satellite fields, to ensure project readiness for development with rebound in oil prices and grant of extension of Production Sharing Contract (PSC). Cairn India said it maintains the flexibility to raise its capital investment as oil prices improve and aim to generate a healthy cash flow post capex so as to retain the ability to pay dividends.

Cairn India, a part of the Vedanta group, is one of the largest independent oil and gas exploration and production companies in India.

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Meghmani Organics hits 52-week high
Apr 22,2016

The announcement was made during market hours today, 22 April 2016.

Meanwhile, the S&P BSE Sensex was down 46.83 points or 0.18% at 25,833.55.

The stock surged on heavy volumes. On BSE, so far 16.83 lakh shares were traded in the counter as against average daily volume of 2.75 lakh shares in the past one quarter. The stock hit a high of Rs 29.80 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 26.55 so far during the day. The stock had hit a 52-week low of Rs 14.50 on 7 May 2015. The stock had outperformed the market over the past one month till 21 April 2016, gaining 27.73% compared with Sensexs 2.35% rise. The scrip had also outperformed the market in past one quarter, advancing 41.84% as against Sensexs 8% rise.

The small-cap company has equity capital of Rs 25.43 crore. Face value per share is Rs 1.

Meghmani Organics subsidiary Meghmani Finechem (MFL) has commenced commercial production of caustic potash-flake (KOH) of 60 Mt per day on 21 April 2016, at its existing manufacturing facility situated at GIDC Dahej, Bharuch in Gujarat. MFL has successfully commissioned the KOH project within the estimated project cost of Rs 65 crore. The cost of the project has been funded from internal accrual. As a result in full year of operation of FY 2016-17 MFL is expected to earn additional revenue of about Rs 125 crore and profit before tax (PBT) of Rs 20 crore, Meghmani Organics said.

On consolidated basis, Meghmani Organics reported net profit of Rs 23.21 crore in Q3 December 2015 compared with net loss of Rs 4.56 crore in Q3 December 2014. Net sales rose 3.9% to Rs 307.43 crore in Q3 December 2015 over Q3 December 2014.

Meghmani Organics is a manufacturer of pigments and agrochemicals. The company specializes in the manufacture of green and blue pigment products that span multiple applications. The company also produces a broad spectrum of commonly used pesticides for crop and non-crop applications.

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RCom spurts after DoT approves spectrum sharing with Reliance Jio
Apr 22,2016

The announcement was made during trading hours today, 22 April 2016.

Meanwhile, the BSE Sensex was down 46.03 points, or 0.18%, to 25,834.35 .

On BSE, so far 49.01 lakh shares were traded in the counter, compared with an average volume of 19.42 lakh shares in the past one quarter. The stock hit a high of Rs 57.80 and a low of Rs 53.45 so far during the day. The stock hit a 52-week high of Rs 91.80 on 1 January 2016. The stock hit a 52-week low of Rs 45.65 on 25 August 2015. The stock had outperformed the market over the past one month till 21 April 2016, rising 3.55% compared with 2.35% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 18.43% as against Sensexs 8% rise.

The large-cap company has an equity capital of Rs 1244.49 crore. Face value per share is Rs 5.

Reliance Communications (RCom) said that the Department of Telecommunications (DoT) has taken on record 800 megahertz (MHz) spectrum sharing in 7 circles of RCom and 2 circles of Reliance Telecom (RTL), a wholly-owned subsidiary with Reliance Jio Infocomm (RJIL) on 21 April 2016. The company and RTL are now able to share spectrum with RJIL in 9 circles viz. Mumbai, Uttar Pradesh (E), Madhya Pradesh, Bihar, Orrisa, Haryana, Himachal Pradesh, Assam and North East, RCom said in a statement.

Earlier in January this year, RCom announced entering into strategic partnership with RJIL covering 4G Lte services. RJIL, a telecom arm of Reliance Industries (RIL) and RCom announced the signing of agreements for change in spectrum allotment in 800 MHz band across 9 circles from RCom to RJIL, and for sharing of spectrum in 800 MHz band across 17 circles. Both companies also intend to enter into reciprocal Intra Circle Roaming (ICR) arrangements. The spectrum arrangements between RJIL and RCOM will result in network synergies, enhanced network capacity and will optimise spectrum utilisation and capex efficiencies. Both operators anticipate considerable savings in operating costs and future investment in networks. RComs customers will benefit from access to RJILs nationwide 4G LTE network under the reciprocal sharing and ICR agreements.

On consolidated basis, RComs net profit fell 14.9% to Rs 171 crore on 2.4% drop in net sales to Rs 5232 crore in Q3 December 2015 over Q3 December 2014.

RCom is an integrated telecommunications service provider.

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Cyient slumps 9.3% in two sessions
Apr 22,2016

Meanwhile, the S&P BSE Sensex was down 84.65 points or 0.33% at 25,795.73.

On BSE, so far 28,000 shares were traded in the counter as against average daily volume of 4,812 shares in the past one quarter. The stock hit a high of Rs 473.10 and a low of Rs 451 so far during the day. The stock had hit a 52-week low of Rs 370.50 on 12 February 2016. The stock had hit a record high of Rs 641 on 15 October 2015. The stock had outperformed the market over the past one month till 21 April 2016, gaining 10.57% compared with Sensexs 2.35% rise. The scrip had also outperformed the market in past one quarter, advancing 11.08% as against Sensexs 8% rise.

The mid-cap company has equity capital of Rs 56.24 crore. Face value per share is Rs 5.

Shares of Cyient have declined 9.36% in two trading sessions from its close of Rs 501.95 on 20 April 2016, after the company reported weak Q4 March 2016 results during market hours yesterday, 21 April 2016. The stock had dropped 3.94% to settle at Rs 482.15 on that day.

Cyients consolidated net profit dropped 29.5% to Rs 66.06 crore on 11.8% growth in net sales to Rs 815.84 crore in Q4 March 2016 over Q4 March 2015.

Cyient is a global provider of engineering, data analytics, network and operations solutions.

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HDFC Bank gains after quarterly earnings
Apr 22,2016

Meanwhile, the BSE Sensex was down 32.75 points, or 0.13%, to 25,847.63.

On BSE, so far 1.26 lakh shares were traded in the counter, compared with an average volume of 1.36 lakh shares in the past one quarter. The stock hit a high of Rs 1,100.90 and a low of Rs 1,085.65 so far during the day. The stock hit a record high of Rs 1,127.90 on 21 July 2015. The stock hit a 52-week low of Rs 928.80 on 29 February 2016. The stock had outperformed the market over the past one month till 21 April 2016, rising 4.48% compared with 2.35% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 6.59% as against Sensexs 8% rise.

The large-cap company has an equity capital of Rs 505.64 crore. Face value per share is Rs 2.

HDFC Banks net profit rose 20.21% to Rs 3374.22 crore on 21.15% increase in total income to Rs 18862.61 crore in Q4 March 2016 over Q4 March 2015.

The banks gross non-performing assets (NPAs) stood at Rs 4392.83 crore as on 31 March 2016 as against Rs 4255.20 crore as on 31 December 2015 and Rs 3438.38 crore as on 31 March 2015. The ratio of gross NPAs to gross advances stood at 0.94% as on 31 March 2016 as against 0.97% as on 31 December 2015 and 0.93% as on 31 March 2015. The ratio of net NPAs to net advances stood at 0.28% as on 31 March 2016 as against 0.29% as on 31 December 2015 and 0.25% as on 31 March 2015. The banks provisions and contingencies (excluding tax provisions) rose 14.88% to Rs 662.45 crore in Q4 March 2016 over Q4 March 2015.

Net interest income grew by 24% to Rs 7453.30 crore in Q4 March 2016 over Q4 March 2015, driven by average assets growth of 23.8% and a core net interest margin for the quarter of 43%.

Other income (non-interest revenue) at Rs 2865.90 crore was 27.8% of the net revenues in Q4 March 2016 and grew by 11.8% over Q4 March 2015. The four components of other income in Q4 March 2016 were fees & commissions of Rs 2,172.40 crore, foreign exchange & lerivatives revenue of Rs 282.80 crore, gain on revaluation / sale of investments of Rs 115.50 crore and miscellaneous income including recoveries of Rs 295.20 crore. Operating expenses rose 18.9% to Rs 4584.30 crore in Q4 March 2016 over Q4 March 2015.

The banks net profit rose 20.36% to Rs 12296.23 crore on 23.50% increase in total income to Rs 70973.17 crore in the year ended March 2016 over the year ended March 2015.

On a consolidated basis, net profit rose 19.76% to Rs 12801.33 crore on 23.52% increase in total income to Rs 74373.22 crore in the year ended March 2016 over the year ended March 2015.

Total deposits rose 21.2% to Rs 546,424 crore as of 31 March 2016 over 31 March 2015.

CASA (current and savings account) deposits saw healthy growth with current account deposits growing by 20.2% over the previous year to reach Rs 88425 crore and savings account deposits growing by 18.4% over the previous year to reach Rs 147886 crore. Time deposits were at Rs 310113 crore, an increase of 22.9% over the previous year resulting in CASA proportion of 43% as on 31 March 2016.

Advances as of 31 March 2016 were Rs 464594 crore, an increase of 27.1% over 31 March 2015. Both segments of the banks loan portfolio grew faster than system loan growth. The domestic retail loans and wholesale loans grew by 29.7% and 27.2% respectively. The domestic loan mix between retail:wholesale was 51:49.

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

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Merck slides ex-dividend
Apr 22,2016

Meanwhile, the S&P BSE Sensex was down 13.65 points or 0.05% at 25,866.73.

On BSE, so far 454 shares were traded in the counter as against average daily volume of 3,297 shares in the past one quarter. The stock lost as much as 1.21% at the days low of Rs 671.25 so far during the day. The stock lost 0.22% at the days high of Rs 678 so far during the day. The stock had hit a 52-week high of Rs 904 on 6 August 2015. The stock had hit a 52-week low of Rs 623 on 12 February 2016. The stock had outperformed the market over the past one month till 21 April 2016, gaining 6.88% compared with Sensexs 2.35% rise. The scrip had, however, underperformed the market in past one quarter, sliding 2.89% as against Sensexs 8% rise.

The small-cap company has equity capital of Rs 16.60 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 1.1% based on the stocks closing price of Rs 679.50 on the BSE yesterday, 21 April 2016.

Mercks net profit rose 1236.7% to Rs 14.57 crore on 17% growth in net sales to Rs 231.99 crore in Q4 December 2015 over Q4 December 2014.

Merck is a leading science and technology company in healthcare, life science and performance materials.

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