My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Lyka Labs allots equity shares
Aug 16,2017

Lyka Labs on 16th August 2017 has allotted 61,00,000 equity shares at a price of Rs.55 per share to Non Promoter group on preferential basis.

Powered by Capital Market - Live News

Cabinet approves procedure and mechanism for Strategic Disinvestment
Aug 16,2017

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of Department of Investment and public Asset Management (DIPAM) for the strategic disinvestment of the following:

(i) For setting up an Alternative Mechanism (AM) consisting of the Finance Minister, Minister for Road Transport & Highways and Minister of Administrative Department, to decide on the matters relating to terms and conditions of the sale from the stage of inviting of Express of Interests (Eols) till inviting of financial bid; and

(ii) For empowering the Core Group of Secretaries (CGD) to take policy decisions with regard to procedural issues and to consider deviations as necessary from time to time for effective implementation of decisions of CCEA.

The approval will help in speedy completion of strategic disinvestment transactions.

Powered by Capital Market - Live News

Union Cabinet approves new Metro Rail Policy; Focus on compact urban development, cost reduction and multi-modal integration
Aug 16,2017

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved a new Metro Rail Policy that seeks to enable realization of growing metro rail aspirations of a large number of cities but in a responsible manner.

The policy opens a big window for private investments across a range of metro operations making PPP component mandatory for availing central assistance for new metro projects. Private investment and other innovative forms of financing of metro projects have been made compulsory to meet the huge resource demand for capital intensive high capacity metro projects.

n++Private participation either for complete provision of metro rail or for some unbundled components (like Automatic Fare Collection, Operation & Maintenance of services etc) will form an essential requirement for all metro ra il projects seeking central financial assistancen++ says the policy, to capitalize on private resources, expertise and entrepreneurship.

In view of inadequate availability and even absence of last mile connectivity at present, the new policy seeks to ensure it focusing on a catchment area of five kms. on either side of metro stations requiring States to commit in project reports to provide necessary last mile connectivity through feeder services, Non-Motorised Transport infrastructure like walking and cycling pathways and introduction of para-transport facilities. States, proposing new metro projects will be required to indicate in project report the proposals and investments that would be made for such services.

Seeking to ensure that least cost mass transit mode is selected for public transport, the new policy mandates Alternate Analysis, requiring evaluation of other modes of mass transit like BRTS (Bus Rapid Transit System), Light Rail Transit, Tramways, Metro Rail and Regional Rail in terms of demand, capacity, cost and ease of implementation. Setting up of Urban Metropolitan Transport Authority (UMTA) has been made mandatory which is to prepare Comprehensive Mobility Plans for cities for ensuring complete multi-modal integration for optimal utilization of capacities.

The new Metro Rail Policy provides for rigorous assessment of new metro proposals and proposes an independent third party assessment by agencies to be identified by the Government like the Institute of Urban Transport and other such Centres of Excellence whose capacities would be augmented, as required in this regard.

Taking note of substantial social, economic and environmental gains of metro projects, the Policy stipulated a shift from the present Financial Internal Rate of Return of 8% to Economic Internal Rate of Return of 14% for approving metro projects, in line with global practices.

Noting that urban mass transit projects should not merely be seen as urban transport projects but more as urban transformation projects, the new policy mandates Transit Oriented Development (TOD) to promote compact and dense urban development along metro corridors since TOD reduces travel distances besides enabling efficient land use in urban areas. Under the policy, States need to adopt innovative mechanisms like Value Capture Financing tools to mobilize resources for financing metro projects by capturing a share of increase in the asset values through Betterment Levy. States would also be required to enable low cost debt capital through issuance of corporate bonds for metro projects.

Seeking to ensure financial viability of metro projects, the new Metro Rail Policy requires the States to clearly indicate in the project report the measures to be taken for commercial/property development at stations and on other urban land and for other means of maximum non-fare revenue generation through advertisements, lease of space etc., backed by statutory support. States are also required to commit to accord all required permissions and approvals.

The new policy empowers States to make rules and regulations and set up permanent Fare Fixation Authority for timely revision of fares. States can take up metro projects exercising any of the three options for availing central assistance. These include; PPP with central assistance under the Viability Gap Funding scheme of the Ministry of Finance, Grant by Government of India under which 10% of the project cost will be given as lump sum central assistance and 50:50 Equity sharing model between central and state governments. Under all these options, private participation, however, is mandatory.

The policy envisages private sector participation in O & M of metro services in different ways. These include:

1.Cost plus fee contract: Private operator is paid a monthly/annual payment for O&M of system. This can have a fixed and variable component depending on the quality of service. Operational and revenue risk is borne by the owner.

2. Gross Cost Contract: Private operator is paid a fixed sum for the duration of the contract. Operator to bear the O&M risk while the owner bears the revenue risk.

3. Net Cost Contract: Operator collects the complete revenue generated for the services provided. If revenue generation is below the O&M cost, the owner may agree to compensate.

At present, metro projects with a total length of 370 kms are operational in 8 cities viz., Delhi (217 kms), Bengaluru (42.30 kms), Kolkata (27.39 kms), Chennai (27.36 kms), Kochi (13.30 kms), Mumbai (Metro Line 1-11.40 km, Mono Rail Phase 1-9.0 km), Jaipur-9.00 kms and Gurugram (Rapid Metro-1.60 km).

Metro Projects with a total length of 537 kms are in progress in 13 cities including the eight mentioned above. New cities acquiring metro services are; Hyderabad (71 kms), Nagpur (38 kms), Ahmedabad (36 kms), Pune (31.25 kms) and Lucknow (23 kms).

Metro projects with a total length of 595 kms in 13 cities including 10 new cities are at various stages of planning and appraisal. These are; Delhi Metro Phase IV- 103.93 km, Delhi & NCR-21.10 km, Vijayawada-26.03 km, Visakhapatnam-42.55 km, Bhopal-27.87 km, Indore-31.55 km, Kochi Metro Phase II-11.20 km, Greater Chandigarh Region Metro Project-37.56 km, Patna-27.88 km, Guwahati-61 km, Varanasi-29.24 km, Thiruvananthapuram & Kozhikode (Light Rail Transport)-35.12 km and Chennai Phase II-107.50 km.

Powered by Capital Market - Live News

Kohinoor Foods shifts registered office
Aug 16,2017

Kohinoor Foods pursuant to the approval of the Registrar of Companies has shifted its registered Office address from Delhi to Haryana with effect from 16th August 2017. The new address of the Company is: Pinnacle Business Tower, 10th Floor, Surajkund, Shooting Range, Faridabad, Haryana - 121001, Telephone No.: +91-129-4242222, Fax No. : +91-129-4242233, Email: info@kohinoorfoods.in.

Powered by Capital Market - Live News

Tata Power achieves 12,405 MUs
Aug 16,2017

Tata Power together with its subsidiaries and jointly controlled entities as of August 2017 has an installed generation capacity of 10.406 MW. The Company with a gross installed capacity of 3.144MW has increased its generation capacity by close to 13%.

Powered by Capital Market - Live News

Aditya Birla Fashion And Retail signs agreement with American Eagle Outfitters
Aug 16,2017

Aditya Birla Fashion And Retail has on 16 August 2017 entered into a Multi Store Retail & E-commerce License Agreement with American Eagle Outfitters, Inc., a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices.

By virtue of the agreement the Company has acquired exclusive rights to use the American Eagle Outfittersn++ & Aerien++ brands to operate stores & e-commerce site & to sell products of these brands in India.

Powered by Capital Market - Live News

Prabhat Dairy declines after dull Q1 numbers
Aug 16,2017

The result was announced after market hours on Monday, 14 August 2017.

Meanwhile, the S&P BSE Sensex was up 312.58 points or 0.99% at 31,761.61. The S&P BSE Small-Cap index rose 204.97 points or 1.33% at 15,614.17.

On the BSE, 28,000 shares were traded on the counter so far as against the average daily volumes of 44,937 shares in the past one quarter. The stock had hit a high of Rs 132 and a low of Rs 127 so far during the day. The stock had hit a 52-week high of Rs 150 on 13 February 2017 and a 52-week low of Rs 76.80 on 19 August 2016.

The stock had underperformed the market over the past one month till 14 August 2017, sliding 6.66% compared with the Sensexs 1.79% fall. The stock had, however, outperformed the market over the past one quarter, gaining 9.08% as against the Sensexs 4.18% rise. The scrip had also outperformed the market over the past one year, advancing 54.48% as against the Sensexs 11.71% rise.

The small-cap company has equity capital of Rs 97.68 crore. Face value per share is Rs 10.

Prabhat Dairy is an integrated milk and dairy products company. The company is engaged in the business of procurement and processing of milk and sale of milk and milk products, such as ghee, flavored milk, skimmed milk powder, whole milk powder and condensed milk.

Powered by Capital Market - Live News

Shreyas Shipping gallops after robust Q1 results
Aug 16,2017

The result was announced after market hours on Monday, 14 August 2017. The market was shut yesterday, 15 August 2017. The stock had risen 3.07% to Rs 303.60 ahead of the results on 14 August 2017.

Meanwhile, the S&P BSE Sensex was up 262.46 points, or 0.83% to 31,711.49. The S&P BSE Small-Cap index was up 181.07 points, or 1.18% to 15,590.27.

More than usual volumes were witnessed on the counter. On the BSE, 50,618 shares were traded in the counter so far, compared with average daily volumes of 8,182 shares in the past one quarter. The stock was locked at a high of Rs 364.30 in intraday trade. The stock had hit a low of Rs 336 so far during the day. The stock had hit a 52-week high of Rs 373.45 on 28 April 2017. The stock had hit a 52-week low of Rs 193.10 on 26 December 2016.

The stock had underperformed the market over the past one month till 14 August 2017, falling 7.75% compared with the Sensexs 1.79% decline. The stock had also underperformed the market over the past one quarter, declining 15.14% as against the Sensexs 4.18% rise. The scrip had also underperformed the market over the past one year, gaining 10.48% as against the Sensexs 11.71% rise.

The small-cap company has equity capital of Rs 21.96 crore. Face value per share is Rs 10.

Shreyas Shipping & Logistics said that the growth momentum was largely driven by higher volumes and increase in freight rates. The vessel utilisation levels have increased despite increased tonnage. The bunker prices remained moderate during the quarter, allowing the company to maintain its operational costs.

Globally, the environment has improved over the second half of the previous year. The charter hire rates and the scrap rates have seen a positive uptrend since the beginning of the year, company added.

Shreyas Shipping & Logistics, the Indian flagged vessel owning unit of Transworld Group, is a pioneer and market leader in domestic coastal container shipping covering all main ports and container terminals on the Indian coast.

Powered by Capital Market - Live News

Hexaware Technologies recognised Strong Performer in Continuous Testing Providers Evaluation
Aug 16,2017

Hexaware Technologies has been listed as a strong performer in continuous testing by Forrestor Research in their report titled - the Forrestor Wave; Continuous Testing Service Providers, Q3 2017.

Powered by Capital Market - Live News

Narendra Investments (Delhi) to convene AGM
Aug 16,2017

Narendra Investments (Delhi) announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2017.

Powered by Capital Market - Live News

Board of Trident recommends dividend
Aug 16,2017

Trident announced that the Board of Directors of the Company at its meeting held on 12 August 2017, inter alia, have recommended the dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

NIIT to hold EGM
Aug 16,2017

NIIT announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 16 September 2017.

Powered by Capital Market - Live News

RDB Rasayans to hold AGM
Aug 16,2017

RDB Rasayans announced that the 22nd Annual General Meeting (AGM) of the company will be held on 6 September 2017.

Powered by Capital Market - Live News

Super Crop Safe to hold board meeting
Aug 16,2017

Super Crop Safe will hold a meeting of the Board of Directors of the Company on 21 August 2017.

Powered by Capital Market - Live News

Bazel Intl. to conduct AGM
Aug 16,2017

Bazel Intl. announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2017.

Powered by Capital Market - Live News