My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
Volumes jump at SKF India counter
Oct 28,2016

SKF India clocked volume of 1.50 lakh shares by 14:41 IST on BSE, a 372.88-times surge over two-week average daily volume of 403 shares. The stock shed 0.5% to Rs 1,407.95.

Noida Toll Bridge Company notched up volume of 51.22 lakh shares, a 68.73-fold surge over two-week average daily volume of 75,000 shares. The stock slumped 16.25% to Rs 14.95.

Gujarat Industries Power Company saw volume of 7.59 lakh shares, a 57.83-fold surge over two-week average daily volume of 13,000 shares. The stock rose 0.98% to Rs 92.55

Vishnu Chemicals clocked volume of 1.54 lakh shares, a 15.36-fold surge over two-week average daily volume of 10,000 shares. The stock surged 17.26% to Rs 341.

City Union Bank saw volume of 43.08 shares, a 12-fold rise over two-week average daily volume of 3.59 lakh shares. The stock rose 3.14% to Rs 149.25.

Powered by Capital Market - Live News

Vedanta gains after decent Q2 results
Oct 28,2016

Meanwhile, the BSE Sensex was up 68.33 points, or 0.24%, to 27,984.23.

On BSE, so far 8.01 lakh shares were traded in the counter, compared with average daily volume of 10.65 lakh shares in the past one quarter. The stock hit a high of Rs 204.10 and a low of Rs 198.55 so far during the day. The stock hit a 52-week high of Rs 208 on 21 October 2016. The stock hit a 52-week low of Rs 58.10 on 12 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 14.14% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.11% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 296.47 crore. Face value per share is Re 1.

Vedantas consolidated attributable profit after tax before exceptional items rose 12% to Rs 1252 crore on 4% decline in net sales to Rs 15666 crore in Q2 September 2016 over Q2 September 2015.

Revenues declined in Q2 September 2016 over Q2 September 2015, on account of lower oil and copper prices, lower volumes at Zinc and Cairn India, partially offset by ramp-ups in volume from the Power business.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 8% to Rs 4640 crore in Q2 September 2016 over Q2 September 2015. EBITDA rose on account of higher metal prices, improved cost efficiencies at aluminium business, lower discount to Brent, ramp up of volumes in the power business, partially offset by lower volumes from Zinc India as per the mine plans and lower oil prices.

EBITDA margin was reported at 39% in Q2 September 2016, higher than 34% in Q2 September 2015.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil & gas, zinc - lead - silver, copper, iron ore, aluminium and commercial power. The company has a presence across India, South Africa, Namibia, Australia and Ireland.

Powered by Capital Market - Live News

Bharat Electronics gains after strong Q2 results
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was up 10.26 points, or 0.04%, to 27,926.16.

On BSE, so far 77,000 shares were traded in the counter, compared with average daily volume of 29,457 shares in the past one quarter. The stock hit a high of Rs 1,325.45 and a low of Rs 1,283.50 so far during the day. The stock hit a record high of Rs 1,416.70 on 4 January 2016. The stock hit a 52-week low of Rs 1,009 on 1 March 2016. The stock had underperformed the market over the past 30 days till 27 October 2016, falling 1.71% compared with 1.33% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 1.84% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 240 crore. Face value per share is Rs 10.

Bharat Electronics said its order book stood at Rs 34675 crore as on 1 October 2016. The company said it received orders worth Rs 4127 crore in Q2 September 2016. Export order book stood at $102 million as on 1 October 2016.

Meanwhile, Bharat Electronics announced during trading hours today, 28 October 2016, that its board appointed Koshy Alexander, currently holding the position of general manager (finance) at corporate office, as chief financial officer (key managerial persennel) of the company.

Bharat Electronics was established at Bangalore, India, by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company servicing the needs of customers in diverse fields in India and abroad.

The Government of India currently holds 75.02% stake in Bharat Electronics (as per the shareholding pattern as on 30 September 2016).

Powered by Capital Market - Live News

Bajaj Auto gains after declaring Q2 result
Oct 28,2016

The Q2 result was announced during trading hours today, 28 October 2016.

Meanwhile, the S&P BSE Sensex was up 14.31 points or 0.05% at 27,930.21

On BSE, so far 43,000 shares were traded in the counter as against average daily volume of 22,595 shares in the past one quarter. The stock hit a high of Rs 2,828 and a low of Rs 2,767.50 so far during the day. The stock had hit a record high of Rs 3,122 on 9 September 2016. The stock had hit a 52-week low of Rs 2,173.40 on 29 February 2016. The stock had underperformed the market over the past 30 days till 27 October 2016, falling 5.13% compared with 1.33% decline in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 2.31% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.

Bajaj Auto is one of the leading two-and three-wheeler manufacturers in India.

Powered by Capital Market - Live News

JK Paper scales record high after stellar Q2 result
Oct 28,2016

The Q2 result was announced after trading hours yesterday, 27 October 2016.

Meanwhile, the S&P BSE Sensex was up 4.17 points or 0.01% at 27,920.07

On BSE, so far 4.26 lakh shares were traded in the counter as against average daily volume of 1.86 lakh shares in past one quarter. The stock hit a high of Rs 92.80 in intraday trade so far, which is also record high for the counter. The stock hit a low of Rs 88.80 so far during the day. The stock had hit a 52-week low of Rs 40.30 on 29 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 30.02% compared with 1.33% decline in the Sensex. The scrip also outperformed the market in past one quarter, surging 51.63% as against Sensexs 0.48% decline.

The small-cap company has equity capital of Rs 148.53 crore. Face value per share is Rs 10.

JK Paper is Indias leading branded paper company and the largest producer of photocopier paper.

Powered by Capital Market - Live News

MOIL gains after signing of MoU with Government of Madhya Pradesh
Oct 28,2016

The announcement was made after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was up 16.58 points, or 0.06%, to 27,932.48

On BSE, so far 42,000 shares were traded in the counter, compared with average daily volume of 36,475 shares in the past one quarter. The stock hit a high of Rs 328.80 and a low of Rs 322.35 so far during the day. The stock hit a 52-week high of Rs 330 yesterday, 27 October 2016. The stock hit a record low of Rs 180.10 on 12 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 24.6% compared with 1.33% decline in the Sensex. The scrip also outperformed the market in past one quarter, gaining 30.42% as against Sensexs 0.48% decline.

The mid-cap company has equity capital of Rs 133.19 crore. Face value per share is Rs 10.

MOIL has signed a Memorandum of Understanding (MoU) jointly with Government of Madhya Pradesh, Mineral Resources Department and Madhya Pradesh State Mining Corporation (MPSMCL), a PSU under Government of Madhya Pradesh, to conduct exploration and prospecting works in Madhya Pradesh. The MoU also envisages formation of a Joint Venture Company (JVC) between MOIL (51%) and MPSMCL (49%), in case of availability of ore is proved, in any area, MOIL said. The MoU is aimed at increasing the mineral resources in Madhya Pradesh, the company said.

MOILs net profit declined 47.54% to Rs 47.15 crore on 0.42% rise in net sales to Rs 183.53 crore in Q1 June 2016 over Q1 June 2015.

MOIL produces and sells different grades of manganese ore. Government of India currently holds 75.58% stake in MOIL (as per the shareholding pattern as on 11 October 2016).

Powered by Capital Market - Live News

Castrol India slips after poor Q3 result
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the S&P BSE Sensex was up 40.23 points, or 0.14%, to 27,956.13

On BSE, so far 2.89 lakh shares were traded in the counter as against average daily volume of 11.88 lakh shares in the past one quarter. The stock hit a high of Rs 461.95 and a low of Rs 443.85 so far during the day. The stock hit a 52-week high of Rs 495 on 5 October 2016. The stock hit a 52-week low of Rs 360.10 on 1 March 2016. The stock had underperformed the market over the past 30 days till 27 October 2016, falling 3.46% compared with 1.33% decline in the Sensex. The scrip, however, outperformed the market in past one quarter, rising 3.55% as against Sensexs 0.48% decline.

The large-cap company has an equity capital of Rs 247.28 crore. Face value per share is Rs 5.

Commenting on the results, Omer Dormen, Managing Director, Castrol India said that the company continued to grow volume year on year in Q2 September 2016 across key segments. The volume growth was led by personal mobility and power brands in line with strategy and also strong growth in industrial segment, Omer Dormen said. The company witnessed softer volume in heavy duty segment due to heavy monsoon in some parts of the country. Marine segment volume dipped during the quarter due to continued pressure on marine business globally. The company continues its focus on volume growth and investment behind power brands, he said. The commercial vehicle segment has seen a healthy double digit growth in the key brands which the company continues to invest in, he added.

In its outlook, Castrol India said that looking ahead, in the longer term following the good monsoon and a strong pick up in vehicle sales trend, the company continues to remain optimistic about the Indian lubricant market and its business growth. The company is in a strong position to benefit from growth prospects on account of its strong brands, enduring relationships with key stakeholders and continued commitment of staff, it said.

Castrol India manufactures and markets a range of automotive and industrial lubricants.

Powered by Capital Market - Live News

GMR Infra gains after winning arbitration against Government of Maldives
Oct 28,2016

The announcement was made after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was down 6.45 points, or 0.02%, to 27,909.45.

On BSE, so far 32.09 lakh shares were traded in the counter, compared with average daily volume of 19.04 lakh shares in the past one quarter. The stock hit a high of Rs 14.40 and a low of Rs 13.90 so far during the day. The stock hit a 52-week high of Rs 18.60 on 3 December 2015. The stock hit a 52-week low of Rs 9.84 on 11 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, falling 1.02% compared with 1.33% decline in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 4.89% as against Sensexs 0.48% decline.

The mid-cap company has equity capital of Rs 603.59 crore. Face value per share is Re 1.

GMR Male International Airport (GMIAL), a subsidiary of GMR Infrastructure, announced that it has been awarded compensation of approximately $270 million by the 3 member international arbitral tribunal. The compensation covers the debt, equity invested in the project along with a return of 17% and also termination payments and legal costs. The compensation is net of taxes that GMIAL may be required to pay in the Maldives.

GMIAL had entered into a concession agreement with Government of Maldives (GoM) and Maldives Airport Company (MACL) for modernization and operation of Ibrahim Nasir International Airport (INIA) in 2010. The Concession Agreement was wrongfully repudiated by the Government of Maldives and Maldives Airport Company Limited on 29th November 2012 alleging that the same was void abinitio. After detailed further proceedings, the tribunal has issued its final order whereby it has awarded compensation to GMIAL.

Earlier in June 2014, the arbitration tribunal had held that GoM and MACL had wrongfullyrepudiated the concession agreement of GMIAL and that they were jointly and severally liable in damages to GMIAL for loss caused.

GMR Infrastructure reported net loss of Rs 123.06 crore in Q1 June 2016, higher than net loss of Rs 1.33 crore in Q1 June 2015. Net sales rose 318.3% to Rs 67.98 crore in Q1 June 2016 over Q1 June 2015.

GMR Group is a leading global infrastructure conglomerate with interests in airports, energy, transportation and urban infrastructure.

Powered by Capital Market - Live News

VRL Logistics drops after weak Q2 financials
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the S&P BSE Sensex was up 40.19 points or 0.14% at 27,956.09

On BSE, so far 54,000 shares were traded in the counter as against average daily volume of 58,183 shares in the past one quarter. The stock hit a high of Rs 300 and a low of Rs 268 so far during the day. The stock had hit a 52-week high of Rs 449.50 on 30 November 2015. The stock had hit a record low of Rs 253 on 25 May 2016. The stock had underperformed the market over the past 30 days till 27 October 2016, rising 1.11% compared with 1.33% decline in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 14.57% as against Sensexs 0.48% decline.

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

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

Powered by Capital Market - Live News

Tata Steel gains after announcing equity partnership for its Canadian Iron ore mines
Oct 28,2016

The announcement was made after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was up 30.63 points, or 0.11%, to 27,946.53.

On BSE, so far 4.07 lakh shares were traded in the counter, compared with average daily volume of 9.55 lakh shares in the past one quarter. The stock hit a high of Rs 404.30 and a low of Rs 397.60 so far during the day. The stock hit a 52-week high of Rs 431.65 on 20 October 2016. The stock hit a 52-week low of Rs 211.30 on 12 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 4.56% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 11.94% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 971.22 crore. Face value per share is Rs 10.

Tata Steel Minerals Canada together with its parent companies signed definitive agreements for concluding investments of $125 million Canadian dollars as equity and $50 million Canadian dollars as debt with Government of Quebecs investment entities, Resources Quebec (RQ) and Investment Quebec (IQ) respectively, totaling $175 million Canadian dollars.

Tata Steel has invested in Eastern Canada to set up mining operations across several deposits straddled across the Quebec-Newfoundland and Labrador- peninsula and multiple processing facilities including a beneficiation plant. The project has consequently enabled the development of infrastructure facilities including rail, roads, telecommunications and Port that has had significant positive impact in the socio economic landscape in Quebec and NeMoundland and Labrador.

The investment will result in an 18% equity stake for Resources Quebec in Tata Steel Minerals Canada in line with the carrying value of the investment in Canadian iron ore assets for Tata Steel. Consequently, the shareholdings of Tata Steel and New Millennium Iron will be adjusted to 77.68% and 4.32% respectively.

Meanwhile, the company said that over the last few days, it has received several queries with respect to news reports regarding potential asset impairment, its European Strategy and its India operations. Tata Steel has clarified to the stock exchanges that its financial statements are prepared every quarter on a going concern basis and present a true and fair view of the state of affairs of the company. These financial statements are duly reviewed by the audit committee and approved by the board of directors of the company.

As part of the preparation of financial statements, the value-in-use of the assets of the company are tested for impairment as per the applicable Accounting Standards. Based on the above assessments and triggered by severe challenges in the underlying macro-economic and business conditions especially in Europe for several years post the global financial crisis the company has taken several impairment provisions in the recent years which have been duly recognized in the financial statements.

In accordance with IND-AS 101, on transition, the company elected fair value as deemed cost of certain assets including property, plant and equipment and investments in subsidiaries as at April 1, 2015. The net changes in the above have been reflected in the opening reserves on transition. As per the companys policy, in future, if there are further impairment indicators, the company in accordance with the Indian Accounting Standards would undertake the comparative assessment of the fair value and the value in use of the assets and recognize the difference as per the applicable Accounting Standards and disclose appropriately.

Tata Steels India operations have recently achieved a major milestone of production of 1 million tons of Hot Metal in the new greenfield steel plant in Kalinganagar, Odisha in less than six months of formal commissioning of the facilities. Similar ramp up in production has been achieved in the steel making facilities in Kalinganagar and in the last month, the combined monthly sales of Tata Steel Jamshedpur and Kalinganagar crossed 1 million tons for the first time.

In response to the recent media reports, Tata Steel would also like to clarify that it continues to pursue its European consolidation strategy and the talks with thyssenkrupp AG for a potential joint venture of its European steel business are currently ongoing and progressing. However, there can be no guarantee that these talks will result in a definitive agreement between the parties.

Tata Steel UK is also deeply engaged with all relevant stakeholders in the UK to find a structural solution and a way forward with regard to the affordability of the legacy pension scheme liabilities. A successful outcome of the above engagement would significantly help in developing the foundation for a sustainable future for the UK business. Tata Steel would also like to reaffirm that it is currently pursuing a separate process for the potential sale of the South Yorkshire-based Specialty Steels business in the UK. Any further announcement on the matter will be made at an appropriate time. In the meanwhile, the management team and the employees of the company continue to work on improving the underlying performance of the European business amidst challenging business conditions.

On a consolidated basis, Tata Steel reported net loss of Rs 3183.07 crore in Q1 June 2016 as against net loss of Rs 316.91 crore in Q1 June 2015. Net sales declined 5.7% to Rs 25155.98 crore in Q1 June 2016 over Q1 June 2015.

Tata Steel is Europes second largest steel producer, with steelmaking in the UK and Netherlands, and manufacturing plants across Europe. The combined Tata Steel group is one of the worlds largest steel producers.

Powered by Capital Market - Live News

Jubilant Life Sciences gains after good Q2 earnings
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was up 23.44 points, or 0.08%, to 27,939.34.

On BSE, so far 1.57 lakh shares were traded in the counter, compared with average daily volume of 2.96 lakh shares in the past one quarter. The stock hit a high of Rs 698 and a low of Rs 637.50 so far during the day. The stock hit a record high of Rs 700.90 on 19 October 2016. The stock hit a 52-week low of Rs 272.50 on 20 January 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 2.68% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 93.73% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 15.93 crore. Face value per share is Re 1.

Jubilant Life Sciences consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 5 % to Rs Rs 345 crore in Q2 September 2016 over Q2 September 2015. EBITDA margins were reported at 24.3% in Q2 September 2016 compareed with 22% in Q2 September 2015.

Commenting on the Companys performance, Shyam S Bhartia, Chairman and Hari S Bhartia, Co-Chairman & Managing Director, Jubilant Life Sciences said that the company expects to deliver improved performance in the coming quarters, backed by new product launches in our Generics and Specialty businesses.

In its outlook, the company said that in the second half of the financial year ending March 2017, it is confident of improving its performance. In pharmaceuticals segment, profitability is expected to be higher on account of new product launches in generics and specialty products, growth in rest of the world (ROW) business and ramp-up of operations and new customer acquisitionsin CMO of Sterile Injectables. The companys focus will be on generating operating cash in life science ingredients by retrofitting plants for better capacity utilization with new product introductions. In drug discovery solutions, the focus will be on revenue growth aided by strong pipeline and onboarding of new customers. The compnays endeavours to reduce debt through operating cash flow and to improve key financial ratios will continue.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in Pharmaceuticals, Life Science Ingredients and Drug Discovery Solutions.

Powered by Capital Market - Live News

Bajaj Finserv gains after robust Q2 result
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the S&P BSE Sensex was up 30.91 points or 0.11% at 27,946.81

On BSE, so far 44,000 shares were traded in the counter as against average daily volume of 21,772 shares in the past one quarter. The stock hit a high of Rs 3,400 and a low of Rs 3,289 so far during the day. The stock had hit a record high of Rs 3,443 on 19 October 2016. The stock had hit a 52-week low of Rs 1,575.70 on 23 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 1.14% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 20.15% as against Sensexs 0.48% decline.

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

Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj group. The company participates in financing business through its 57.28% holding in Bajaj Finance and in the protection business through its 74% holding in Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC). Bajaj Finserv holds 92.50 lakh warrants convertible into equity shares of Bajaj Finance on or before 1 December 2016. When exercised, the holding of Bajaj Finserv in Bajaj Finance will increase from 57.28% to 58%.

Powered by Capital Market - Live News

Glenmark Pharma gains after decent Q2 results
Oct 28,2016

The result was announced after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was up 63.64 points, or 0.23%, to 27,979.54.

On BSE, so far 21,000 shares were traded in the counter, compared with average daily volume of 65,000 shares in the past one quarter. The stock hit a high of Rs 938 and a low of Rs 911 so far during the day. The stock hit a 52-week high of Rs 1,001.65 on 30 October 2015. The stock hit a 52-week low of Rs 671.50 on 12 February 2016. The stock had underperformed the market over the past 30 days till 27 October 2016, falling 4.33% compared with 1.33% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 5.39% as against Sensexs 0.48% decline.

The large-cap company has equity capital of Rs 28.22 crore. Face value per share is Re 1.

Glenmark Pharmaceuticals consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 11.15% to Rs Rs 448.76 crore in Q2 September 2016 over Q2 September 2015.

Glenn Saldanha, Chairman & MD, Glenmark Pharmaceuticals said that the US, India, rest of the world (ROW) and the active pharma ingredients (API) business have done well in the first half of the financial year. The strong growth witnessed by the US business is on account of a number of product approvals received by the organization over the last 18 months. The overall business has gained good traction especially across key geographies. The entire emerging markets business ex India which got severely hit in the past few years on account of currencies is also recuperating well.

Sales for the formulation business in India rose 10.91% to Rs 674.93 crore in Q2 September 2016 over Q2 September 2015. Glenmark Pharmaceuticals Inc., U.S.A. registered revenue from the sale of finished dosage formulations rose 28.87% to Rs 771.20 crore in Q2 September 2016 over Q2 September 2015. Revenue from Africa, Asia and CIS region rose 20.38% to Rs 253.84 crore in Q2 September 2016 over Q2 September 2015. Glenmark Europes operations revenue fell 16% to Rs 134.69 crore in Q2 September 2016 over Q2 September 2015. Glenmarks revenue from its Latin American and Caribbean operations fell 19.24% to Rs 133.79 crore in Q2 September 2016 over Q2 September 2015.

Revenue from sale of API to regulated and semi-regulated markets globally rose 33.74% to Rs 221.34 crore in Q2 September 2016 over Q2 September 2015. Glenmark filed two US DMF during the quarter. The good growth was contributed by sale of Lercanidipine, Adapalene, Amiodarone.

Glenmark Pharmaceuticals (GPL) is a research-driven, global, integrated pharmaceutical company.

Powered by Capital Market - Live News

Shriram City Union Finance scales record high after good Q2 outcome
Oct 28,2016

The announcement was made after market hours yesterday, 27 October 2016.

Meanwhile, the S&P BSE Sensex was down 17.04 points, or 0.06%, to 27,898.86

On BSE, so far 8,101 shares were traded in the counter, compared with an average volume of 3,337 shares in the past one quarter. The stock hit a high of Rs 2,545.80 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 2,340 so far during the day. The stock hit a 52-week low of Rs 1,336.75 on 18 January 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 6.69% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 18.26% as against Sensexs 0.48% decline.

The large-cap company has an equity capital of Rs 65.94 crore. Face value per share is Rs 10.

Shriram City Union Finances assets under management (AUM) rose 17.8% to Rs 21390 crore in Q2 September 2016 over Q2 September 2015. Disbursements rose 23% to Rs 5567 crore in Q2 September 2016 over Q2 September 2015. Net interest income rose 22.3% to Rs 735 crore in Q2 September 2016 over Q2 September 2015.

Shriram City Union Finance is Indias premier financial services company specializing in retail finance. It has a comprehensive range of offerings comprising finance for two wheelers and three wheelers, four wheeler finance (both new and pre-owned passenger and commercial vehicles), personal loans, small business loans, and loan against gold.

Powered by Capital Market - Live News

NMDC gains after signing tripartite pact with MP Govt
Oct 28,2016

The announcement was made after market hours yesterday, 27 October 2016.

Meanwhile, the BSE Sensex was down 49.71 points, or 0.18%, to 27,866.19.

On BSE, so far 82,000 shares were traded in the counter, compared with average daily volume of 3.47 lakh shares in the past one quarter. The stock hit a high of Rs 126.45 so far during the day, which is also a 52-week high for the counter. The stock hit a low of Rs 123.70 so far during the day. The stock hit a 52-week low of Rs 75.20 on 12 February 2016. The stock had outperformed the market over the past 30 days till 27 October 2016, rising 12.24% compared with 1.33% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 23.05% as against Sensexs 0.48% decline.

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

NMDC said that it has signed a tripartite memorandum of understanding (MOU) with Government of Madhya Pradesh and Madhya Pradesh State Mining Corporation (MPSMCL) for geological & geophysical exploration of various minerals in Madhya Pradesh. NMDC had made intentions to invest during the global investors summit held in October 2016 for exploration for different minerals in various districts of Madhya Pradesh over an area of approximately 7,200 square kilometers. As per the MOU, on successful establishment of mineral blocks through this proposed exploration, NMDC would be forming a joint venture with MPSMCL with equity 51:49 (NMDC-MPSMCL) for mining of such blocks.

Net profit of NMDC declined 29.9% to Rs 711.34 crore on 4.7% decline in net sales to Rs 1720.65 crore in Q1 June 2016 over Q1 June 2015.

NMDC is Indias largest public sector iron ore producer. As per the shareholding pattern, Government of India (GoI) holds 74.943% stake in NMDC as on 14 October 2016.

Powered by Capital Market - Live News