My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Shares of Fortune Financial Services (India) to trade on NSE
Aug 02,2017

Fortune Financial Services (India) announced that the Equity Shares of the company have been permitted to be traded on the platform of The National Stock Exchange of India w.e.f 2 August, 2017.

Powered by Capital Market - Live News

Wipro partners with Tricentis
Aug 02,2017

Wipro and Tricentis announced a partnership in Quality Engineering. This partnership with Tricentis will strengthen Wipros Quality Engineering and Testing Services capabilities, by integrating Tricentis Tosca, a continuous testing platform, with Wipro AssureNXT, a managed services QA platform combined with the capabilities of Wipro HOLMES Artificial Intelligence Platform as a part of the broader automation ecosystem.

Along with this partnership agreement, Wipro Ventures, the strategic investment arm of Wipro, has made an investment in Tricentis, as part of their most recent funding round.

Powered by Capital Market - Live News

Media Matrix Worldwide to divest entire stake in DigiCall Teleservices
Aug 02,2017

Media Matrix Worldwide announced that the Company on 02 August 2017 has signed Share Purchase Agreement subject to the approval of the shareholders of the Company to divest its entire stake in DigiCall Teleservices (DTPL), a wholly owned subsidiary of the Company to Karvy Data Management Services (KDMSL), pursuant to which (i) DTPL will cease to be a wholly owned subsidiary of the Company; and (ii) DigiCall Global, a wholly owned subsidiary of DTPL and a step down subsidiary of the Company, shall cease to be a subsidiary of the Company.

Powered by Capital Market - Live News

Bank stocks edge lower after RBI policy
Aug 02,2017

The announcement of central banks policy decision was made during market hours today, 2 August 2017.

Meanwhile, the S&P BSE Bankex was down 46.76 points or 0.16% to 28,356.31 It underperformed the S&P BSE Sensex, was down 98.43 points or 0.3% to 32,476.74.

The BSE Bankex had outperformed the market over the past one month till 1 August 2017, rising 7.82% compared with 4.34% rise in the Sensex. The index also outperformed the market in past one quarter, gaining 12.5% as against Sensexs 8.97% rise. The index had also outperformed the market in past one year, surging 32.88% as against Sensexs 16.42% rise.

Among public sector banks, Central Bank of India (down 1.72%), Corporation Bank (down 0.4%), State Bank of India (down 0.37%), Dena Bank (down 2.14%), Allahabad Bank (down 0.47%), Bank of India (down 0.34%), Union Bank of India (down 2.72%), Canara Bank (down 2.12%), IDBI Bank (down 0.92%), Andhra Bank (down 0.97%) and Syndicate Bank (down 0.68%) edged lower. Punjab National Bank (up 0.89%) and Bank of Baroda (up 0.03%) rose.

Among private sector banks, Kotak Mahindra Bank (down 1.39%), ICICI Bank (down 0.96%), Federal Bank (down 0.48%), IndusInd Bank (down 0.9%), RBL Bank (down 0.63%), Axis Bank (down 0.62%), HDFC Bank (down 0.3%) and Yes Bank (down 0.44%) edged lower.

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, 2 August 2017, the Monetary Policy Committee (MPC) decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6% from 6.25% with immediate effect. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate to 6.25%.

The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth, the RBI said.

Powered by Capital Market - Live News

Tyre makers climb after crude oil slides
Aug 02,2017

Apollo Tyres (up 3.34%), CEAT (up 2.62%), JK Tyre & Industries (up 2.23%), MRF (up 1.70%), Goodyear India (up 0.82%) and Balkrishna Industries (up 0.32%), edged higher.

Meanwhile, the S&P BSE Sensex was down 105.93 points, or 0.33% to 32,469.24.

In the global commodities markets, Brent for October 2017 settlement was down 4 cents at $51.74 a barrel. The contract had fallen 94 cents to settle at $51.78 a barrel during the previous trading session.

There are two types of rubber used in manufacturing tires - natural and synthetic. Synthetic rubber is produced from petroleum waste. Price of natural rubber, a main raw material in making tyres, has strong correlation to crude oil prices.

Powered by Capital Market - Live News

Federal Bank slips after large bulk deal
Aug 02,2017

Meanwhile, the S&P BSE Sensex was down 120.89 points or 0.37% at 32,454.28

Bulk deal boosted volume on the scrip. On the BSE, 59.86 lakh shares were traded on the counter so far as against the average daily volumes of 11.43 lakh shares in the past one quarter. The stock had hit a high of Rs 115.55 and a low of Rs 114.15 so far during the day. The stock had hit a record high of Rs 122.40 on 16 June 2017 and a 52-week low of Rs 61.50 on 4 August 2016.

The stock had underperformed the market over the past one month till 1 August 2017, rising 2.67% compared with 4.34% rise in the Sensex. The scrip also underperformed the market in past one quarter, rising 2.77% as against Sensexs 8.97% rise. The scrip had, however, outperformed the market in past one year, surging 81.85% as against Sensexs 16.42% rise.

The large-cap bank has equity capital of Rs 388.81 crore. Face value per share is Rs 2.

Federal Banks net profit rose 25.61% to Rs 210.15 crore on 17.2% growth in total income to Rs 2653.19 crore in Q1 June 2017 over Q1 June 2016.

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

Powered by Capital Market - Live News

Board of Simbhaoli Sugars approves change in directorate
Aug 02,2017

Simbhaoli Sugars announced that the Board of Directors of the Company at its meeting held on 02 August 2017 has accepted the resignation of S C Kumar (Non-Executive, Independent Director) from Directorship of the Company and appointed Gursimran Kaur Mann as the Managing Director of the Company with immediate effect

Powered by Capital Market - Live News

Voltas appoints Chairman
Aug 02,2017

Voltas announced the appointment of Noel N Tata as Non Executive Chairman of the Board of Directors of the Company with effect from 01 September 2017.

Powered by Capital Market - Live News

Board of Orient Tradelink approves change in directorate
Aug 02,2017

The Board of Orient Tradelink at its meeting held on 01 August 2017 has approved the appointment of Mahesh Kumar Verma as Additional Director - Independent of the Company; and accepted the resignation of Tushar Rai Sharma, Company Secretary (KMP) of the Company.

Powered by Capital Market - Live News

Outcome of board meeting of Magma Fincorp
Aug 02,2017

Magma Fincorp announced that the Board of Directors at its meeting held on 2 August 2017 has interalia approved, subject to the approval of the shareholders, the alteration in Articles of Association (AoA) of the Company to incorporate an enabling provisions in the AoA w.r.t. consolidation and reissuance of debt securities as suggested by Securities and Exchange Board of India (SEBI) in its circular CIR/IMD/DF-1/67/2017 dated 30 June 2017, and to delete chapter IV w.r.t. Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) since the preference shares issued to FM0 has been redeemed by the Company.

Powered by Capital Market - Live News

Varun Beverages fixes record date for interim dividend
Aug 02,2017

Varun Beverages has fixed 18 August 2017 as the Record Date for the purpose of Payment of Interim Dividend, if declared.

Powered by Capital Market - Live News

RBI MPC reduces repo rate by 25 bps
Aug 02,2017

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.25 per cent to 6.0 per cent with immediate effect.

Consequently, the reverse repo rate under the LAF stands adjusted to 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.25 per cent.

The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.

Powered by Capital Market - Live News

GSFC gains after re-starting plant
Aug 02,2017

The announcement was made after market hours yesterday, 1 August 2017.

Meanwhile, the S&P BSE Sensex was down 47.38 points or 0.15% at 32,527.79. The S&P BSE Mid-Cap index was down 57.44 points or 0.37% at 15,400.87.

On the BSE, 4.42 lakh shares were traded on the counter so far as against the average daily volumes of 3.18 lakh shares in the past one quarter. The stock had hit a high of Rs 141.20 and a low of Rs 136.05 so far during the day. The stock had hit a record high of Rs 148.40 on 10 May 2017 and a 52-week low of Rs 67 on 3 August 2016.

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

GSFC said that ammonia production is started (at 70% capacity) since 22.00 IST on 30 July 2017. Production levels of downstream plants are being increased which were affected due to ammonia availability, the company said. During stoppage of ammonia production, liquid ammonia was arranged to maximum possible extent through external supply, it said. Operation of urea-II plant shall also commence shortly, it added.

GSFC had said that it has made an emergency shut down of ammonia-IV plant on 6 July 2017 due to detection of leakage of high pressure process gas from hot header of reformer box. The urea-II plant has also been shut down due to non- availability of carbon dioxide gas which is by product of ammonia-IV plant, it had said.

GSFCs net profit rose 198.71% to Rs 187.02 crore on 9.31% decline in net sales to Rs 1541.84 crore in Q4 March 2017 over Q4 March 2016.

Gujarat State Fertilizers & Chemicals (GSFC) is engaged in the development of crop nutrition solutions. The company is also engaged in the business of trading pesticides, zinc sulfate, magnesium sulfate, among others.

Powered by Capital Market - Live News

Hawkins Cookers tumbles after weak Q1 numbers
Aug 02,2017

The result was announced during market hours today, 2 August 2017.

Meanwhile, the S&P BSE Sensex was down 50.09 points, or 0.15% at 32,525.08. The S&P BSE Small-Cap index was up 12.49 points, or 0.08% at 16,062.34.

On the BSE, 2,275 shares were traded on the counter so far as against the average daily volumes of 971 shares in the past one quarter. The stock had hit a high of Rs 2,980 and a low of Rs 2,801.55 so far during the day. The stock had hit a 52-week high of Rs 3,610 on 25 October 2016 and a 52-week low of Rs 2,500 on 23 December 2016.

The stock had underperformed the market over the past one month till 1 August 2017, advancing 0.61% compared with the Sensexs 5.35% rise. The scrip had also underperformed the market over the past one quarter declining 5.16% as against the Sensexs 8.88% rise. The scrip had also underperformed the market over the past one year advancing 11% as against the Sensexs 16.33% rise.

The small-cap company has equity capital of Rs 5.29 crore. Face value per share is Rs 10.

Hawkins Cookers is the leader in the pressure cooker market in India and exports its products to various countries.

Powered by Capital Market - Live News

Lupin gains after Q1 results
Aug 02,2017

The result was announced during market hours today, 2 August 2017.

Meanwhile, the S&P BSE Sensex was down 53.18 points, or 0.16% to 32,521.99.

On the BSE, 3.20 lakh shares were traded in the counter so far, compared with average daily volumes of 1.60 lakh shares in the past one quarter. The stock had hit a high of Rs 1,054.60 and a low of Rs 1,022 so far during the day. The stock hit a 52-week high of Rs 1,747.80 on 2 August 2016. The stock hit a 52-week low of Rs 1,015.60 on 1 August 2017.

The stock had underperformed the market over the past one month till 1 August 2017, falling 3.52% compared with 4.34% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 19.47% as against Sensexs 8.97% rise. The scrip had also underperformed the market in past one year, falling 40.27% as against Sensexs 16.42% rise.

The large-cap company has equity capital of Rs 90.35 crore. Face value per share is Rs 2.

On a consolidated basis, Lupins net profit fell 5.81% to Rs 358.10 crore on 8.53% decline in net sales to Rs 3806.80 crore in Q1 June 2017 over Q4 March 2017.

Commenting on the results, Nilesh Gupta, managing director, Lupin, said that Q1 results have been below expectations on count of higher than anticipated price erosion in select products like Glumetza, disruption on count of GST implementation in India and appreciation in the rupee. The companys focus remains on building its complex generic pipeline, operational excellence, regulatory compliance and building adifferentiated specialty business.

Meanwhile, Lupin announced after market hours yesterday, 1 August 2017, that it received final approval for its Fluocinonide Topical Ointment USP, 0.05% from the United States Food and Drug Administration (FDA) to market a generic version of County Line Pharmaceuticals, LLCs Lidex Ointment, 0.05%. Lupins Fluocinonide Topical Ointment USP, 0.05% is AB rated generic equivalent of County Line Pharmaceuticals, LLCs Lidex Ointment, 0.05%. It is indicated for the relief of the inflammatory and pruritic manifestations of corticosteroid-responsive dermatoses. Lidex Ointment had US sales of $40.3 million as per IMS MAT March 2017.

Lupin is a transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and active pharmaceutical ingredients (APIs) globally.

Powered by Capital Market - Live News