My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Aditya Birla Fashion & Retail allots 1,54,955 equity shares
Feb 06,2017

Aditya Birla Fashion & Retail announced that the Stakeholders Relationship Committee of the Board of Directors of the Company has on 06 February 2017 has allotted 1,54,955 (One Lac Fifty Four Thousand Nine Hundred and Fifty Five) Equity Shares of Rs. 10 each (said shares), pursuant to exercise of Stock Options under the Employee Stock Options Scheme-2013. The said Shares will rank pari passu with the existing Equity Shares of the Company in all respects.

Consequent to the above allotment, the Paid-up Share Capital of the Company will increase from Rs. 7,70,33,21,660 (77,03,32,166 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,38,71,210 (77,03,87,121 Fully Paid-up Equity Shares of Rs. 10/- each).

Powered by Capital Market - Live News

Next Mediaworks allots 66,660 equity shares
Feb 06,2017

Next Mediaworks announced that the Companys Nomination & Remuneration Committee has, at its meeting held on 02 February 2017, allotted 66,660 equity shares to Ismail Dabhoya - Chief Financial Officer pursuant to his exercise of options granted to him under the Companys Employee Stock Option Scheme 2012.

Powered by Capital Market - Live News

ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts, post- note ban
Feb 06,2017

As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the interest rates even as the industry would seek at least 50 -75 basis point reduction in the benchmark lending rates, post demonetization.

n++As a majority owner of the banks and as a regulator, both the government and the RBI have roles in advising banks to pass on the commensurate reduction in the interest rates. This is all the more important in the wake of dismal credit growth, marked by subdued consumer demand and lack of investment appetite despite lowering of the lending rates,n++ the ASSOCHAM President Mr Sunil Kanoria said.

While the lower lending rates do help the corporate India, the fresh borrowing could still be some distance away as the companies still grapple with the high level of existing debts. n++The banks should pass on the benefit of the lower interest rates on the old loans through different means so that the interest burden for the companies comes down. Even small quantum of reduction in interest rates makes a big difference when the loan size is pretty large. Along with other measures like protection of cheap imports, the benefits of the ample liquidity in the banking system must be extended to the firms, grappling with the old loan books, without much delay,n++ the chamber said.

It said, the industry is expecting at least 50-75 basis points reduction in the policy interest rates and the banks should pass on the entire benefit to the borrowers. n++This is because the demonetization has resulted in a windfall gains for the banks in the form of ultra low cost funds from the current account/saving account (CASA). The CASA rates are just about 3-4 per cent, while the base lending rates are still near the double digit. That is a huge spread for the banks which should transmit lower rates without necessarily cutting the time deposit rates,n++ the ASSOCHAM argued.

Even the Economic Survey has expressed concern over n++far from perfect,n++ transmission of the rate cuts, the base rate came down marginally from 9.30/9.70 in April 2016 to 9.30/9.65 as of 30th December 2016. Term deposit rates for greater than one-year maturity period declined from 7.00/7.50 to 6.50/7.00 in this period, as per the Economic Survey.

Quoting from the survey, the chamber expressed concern that the non- food credit (NFC) outstanding grew at sub 10 per cent for all the months except for September 2016). Credit growth to industrial sector remained persistently below 1 per cent during the current fiscal, with contraction in August, October and November.

Powered by Capital Market - Live News

CESC appointed as electricity distribution franchisee for Bikaner
Feb 06,2017

CESC has emerged as the winner of a bid floated by Jodhpur Vidyut Vitran Nigam (JdVVNL) and has been appointed by JdVVNL as the electricity distribution franchisee for the city of Bikaner in the state of Rajasthan for a term of twenty years.

Powered by Capital Market - Live News

Loyal Textile Mills announces launch of new products
Feb 06,2017

Loyal Textile Mills has launched Mens inner wear and Ladies Bottom wear in the brand names Dignnitas and Shifraa respectively on 06 February 2017.

Powered by Capital Market - Live News

Quess Corp to acquire Comtel Solutions, Singapore
Feb 06,2017

Quess Corp announced that Quess Corp has signed definitive agreements to acquire Comtel Solutions, Singapore, on 06 February 2017.

Powered by Capital Market - Live News

Dr Reddys Lab drops after poor Q3 result
Feb 06,2017

The result was announced on Saturday, 4 February 2017.

Meanwhile, the S&P BSE Sensex was up 215.92 points or 0.76% at 28,456.44

On BSE, so far 33,000 shares were traded in the counter as against average daily volume of 25,920 shares in the past one quarter. The stock was volatile. The stock hit a high of Rs 3,175 and a low of Rs 3,049.70 so far during the day. The stock had hit a 52-week high of Rs 3,689 on 20 July 2016. The stock had hit a 52-week low of Rs 2,814.80 on 15 February 2016.

The large-cap company has equity capital of Rs 82.87 crore. Face value per share is Rs 5.

Dr Reddys Laboratories (DRLs) consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) declined 13.07% to Rs 8793 crore in Q3 December 2016 over Q3 December 2015. EBITDA margin contracted to 23.7% in Q3 December 2016, from 25.5% in Q3 December 2015.

DRLs revenues from global generics business declined 9% to Rs 3060 crore in Q3 December 2016 over Q3 December 2015 due to lower contribution from North America and Venezuela. Revenues from Pharmaceuticals services and active ingredients (PSAI) business rose 6% to Rs 540 crore in Q3 December 2016 over Q3 December 2015.

Dr Reddys Laboratories is an integrated global pharmaceutical company. It offers a portfolio of products and services including active pharmaceutical ingredients (APIs), custom pharmaceutical services, generics, biosimilars and differentiated formulations.

Powered by Capital Market - Live News

ITI appoints director
Feb 06,2017

ITI announced that Asha Kumari Jaswal, is appointed as Independent Director on the Board of the Company vide Government of India order dated 30 January 2017 for a period of three years or until further orders whichever is earlier.

Powered by Capital Market - Live News

Menon Bearings fixes record date for interim dividend
Feb 06,2017

Menon Bearings has fixed 17 February 2017 as the Record Date for the purpose of Payment of Interim Dividend, if approved.

Powered by Capital Market - Live News

Dishman Pharmaceuticals and Chemicals fixes record date for interim dividend
Feb 06,2017

Dishman Pharmaceuticals and Chemicals announced that the Company has fixed 21 February 2017 as the Record Date for the purpose of Payment of Interim Dividend, if declared.

Powered by Capital Market - Live News

Ashok Leyland bags order worth Rs 70.35 crore
Feb 06,2017

Ashok Leyland announced that Ashok Leyland West Africa bagged an order of 135 buses under the Lines of Credit from Exim Bank of India through Ecowas Bank of Investment and Development for Burkina Faso worth Rs 70.35 crore.

The buses will be supplied to the Ministry of Higher Education Scientific Research and Innovation and will be supplied over the next 180 days.

Powered by Capital Market - Live News

JSW Steel announces crude steel production figures
Feb 06,2017

JSW Steel has reported crude steel production at 13.85 lakh tonnes in January 2017, recording a growth of 49% compared to 9.27 lakh tonnes production achieved in January 2016.

Production of flat rolled products stood at 10.31 lakh tonnes and long rolled products stood at 2.97 lakh tonnes in January 2017, recording growth of 38% and 18% over January 2016.

Powered by Capital Market - Live News

Blue Coast Hotels gains after reporting strong Q3 earnings
Feb 06,2017

The result was announced after market hours on Friday, 3 February 2017.

Meanwhile, the S&P BSE Sensex was up 217.68 points, or 0.77%, to 28,458.20.

On the BSE, 779 shares were traded on the counter so far as against the average daily volumes of 52 shares in the past one quarter. The stock had hit a low of Rs 129.85 so far during the day.

The stock had hit a 52-week high of Rs 173 on 5 July 2016 and a 52-week low of Rs 56.05 on 19 February 2016.

The small-cap company has equity capital of Rs 12.75 crore. Face value per share is Rs 10.

Blue Coast Hotels is engaged in hotel business. The company owns park Hyatt Goa Resort & Spa. Park Hyatt Goa Resort & Spa is a beach resort located at Arossim beach, Goa.

Powered by Capital Market - Live News

ACC shrugs off weak Q4 result
Feb 06,2017

The result was announced after market hours on Friday, 3 February 2017.

Meanwhile, the BSE Sensex was up 225.34 points, or 0.8%, to 28,465.86

On BSE, so far 52,000 shares were traded in the counter, compared with average daily volume of 1.51 lakh shares in the past one quarter. The stock hit a high of Rs 1,500 and a low of Rs 1,402 so far during the day. The stock hit a 52-week high of Rs 1,738 on 8 August 2016. The stock hit a 52-week low of Rs 1,173.25 on 29 February 2016.

The large-cap company has equity capital of Rs 187.79 crore. Face value per share is Rs 10.

ACCs consolidated operating earnings before interest, taxes, depreciation and amortization (EBITDA) declined 8.57% to Rs 256 crore in Q4 December 2016 over Q4 December 2015. Cement sales volumes fell 9.17% to 5.45 million tonnes in Q4 December 2016 over Q4 December 2015.

In its outlook, ACC said that the slowdown witnessed after demonetization is easing and the company expects the economy to show solid growth in the months to come. Increased government spending on infrastructure development, housing, roads, railways, irrigation and other schemes as announced in the Union Budget 2017-18 are expected to further reinvigorate the construction sector soon and boost demand for cement and concrete during the year, ACC said.

Neeraj Akhoury, who takes over as Managing Director & CEO of ACC said that the highlight of the year was strong cost saving measures, especially on fuel flexibility and raw materials. Focusing on high quality, high performance product portfolio played an important role in the overall performance for the year. The company is encouraged by the Governments plans to invest in infrastructure, Neeraj Akhoury said.

ACC is a manufacturer of cement and concrete and is a member of LafargeHolcim group. The company has a countrywide network of modern cement and concrete plants, sales offices, dealers and retailers.

Powered by Capital Market - Live News

MPS to acquire THINK Subscription
Feb 06,2017

MPS has entered into a definitive asset purchase agreement to acquire THINK Subscription. This acquisition is subject to customary closing conditions. The acquisition of THINK will not have a material effect on revenues and profits of MPS.

Powered by Capital Market - Live News