My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
NBCC (India) to construct SMDC Headquarters in New Delhi
Jul 03,2017

NBCC (India) has signed a MoU with South Delhi Municipal Corporation, Govt. of NCT, Delhi for Planning, Designing and Construction of office building / SMDC Headquarters Near Pragati Maidan at I.P. Estate, New Delhi amounting to Rs 525 crore.

Powered by Capital Market - Live News

Ashok Leyland achieves total sales of 12330 units
Jul 03,2017

Ashok Leyland has achieved total sales of 12330 units in month of June 2017 compared to 11,108 units in June 2016, recording a growth of 11%.

For the period April - June 2017, total sales stood at 28495 units, recording a decline of 9% compared to corresponding period of previous year.

Powered by Capital Market - Live News

Tata Power completes construction of 187 MW Shuakhevi Hydro Power Project
Jul 03,2017

Tata Power Company announced that the Company through Adjaristsqali Georgia LLC its joint venture with Norways Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures, a member of the World Bank Group, has completed the construction of its 187 MW Shuakhevi Hydro Power Project in Georgia.

The Shuakhevi HPP is the largest hydropower plant to be built in Geogia over the past fifty years, and its project investment cost exceeded USD 420 million.

Powered by Capital Market - Live News

Kalpataru Power gains after securing orders
Jul 03,2017

The announcement was made after market hours on Friday, 30 June 2017.

Meanwhile, the S&P BSE Sensex was up 115.94 points, or 0.37% at 31,037.55. The S&P BSE Mid-Cap index was up 55.71 points, or 0.38% at 14,700.19.

On the BSE, 2,226 shares were traded on the counter so far as against the average daily volumes of 16,917 shares in the past one quarter. The stock had hit a high of Rs 339 and a low of Rs 334 so far during the day. The stock had hit a 52-week high of Rs 367 on 9 May 2017 and a 52-week low of Rs 208 on 9 November 2016.

The stock had underperformed the market over the past one month till 30 June 2017, declining 1.97% compared with the Sensexs 0.76% fall. The scrip had, however, outperformed the market over the past one quarter advancing 3.63% as against the Sensexs 4.3% rise. The scrip had also outperformed the market over the past one year advancing 28.96% as against the Sensexs 14.53% 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 it has secured new orders worth Rs 676 crore. The contracts include various projects in order from Power Grid Corporation of India (PGCIL) Bareily substation transmission lines worth Rs 237 crore, railway electrification order from PGCIL of east central railway worth Rs 152 crore, orders for transmission line and supply of transmission towers worth Rs 153 crore and Liquefied Petroleum Gas (LPG) import terminal project from Bharat Petroleum Corporation (BPCL) at Haldia worth Rs 134 crore.

Commenting on the new order announcements, Manish Mohnot, Managing Director, KPTL said, the company substation business has got a breakthrough with the success in securing 400kv GIS order from PGCIL. This supports its efforts to grow the substation business. On the back of a solid order book, the company is confident of delivering on its guidance for the financial year 2017-18.

Kalpataru Power Transmissions net profit rose 36.5% to Rs 89.60 crore on 12.3% increase in net sales to Rs 1478.97 crore in Q4 March 2017 over Q4 March 2016.

Kalpataru Power Transmission is an engineering, procurement and construction (EPC) contracting company with a diversified portfolio in power transmission & distribution, cross country pipeline, oil & gas field surface facilities, civil infrastructure projects, power generation (biomass) as well as railway projects.

Powered by Capital Market - Live News

Coal India announces provisional coal production and offtake figures
Jul 03,2017

Coal India announced the provisional production and offtake performance of Coal India and its subsidiaries for the month of June 2017 -

Actual coal production achieved was 92% of the targeted at 39.66 million tonnes in June 2017. For the period April 2017 - June 2017, actual production achieved was 91% of the targeted at 118.84 million tonnes.

Actual offtake was 94% of the targeted at 45.67 million tonnes in June 2017. For the period April 2017 - June 2017, actual offtake was 92% of the targeted at 137.36 million tonnes.

Powered by Capital Market - Live News

Ashok Leyland in top gear after good monthly sales
Jul 03,2017

The announcement was made during trading hours today, 3 July 2017.

Meanwhile, the S&P BSE Sensex was up 111.20 points, or 0.36%, to 31,032.81

On BSE, 10.38 lakh shares were traded on the counter so far as against the average daily volumes of 15.85 lakh shares in the past one quarter. The stock hit a high of Rs 98.50 and a low of Rs 93.50 so far during the day. The stock hit a 52-week high of Rs 100.55 on 1 July 2016. The stock hit a 52-week low of Rs 73.60 on 22 November 2016.

The large-cap company has equity capital of Rs 292.65 crore. Face value per share is Re 1.

Ashok Leylands sales of light commercial vehicles (LCV) rose 29% to 3,128 units in June 2017 over June 2016. Sales of medium & heavy commercial vehicles (M&HCV) rose 6% to 9,202 units in June 2017 over June 2016.

Ashok Leyland reported net profit of Rs 476.17 crore in Q4 March 2017 as compared with net loss of Rs 140.81 crore in Q4 March 2016. Net sales rose 10.79% to Rs 6617.89 crore in Q4 March 2017 over Q4 March 2016.

Ashok Leyland is one of the leading manufacturers of medium and heavy commercial vehicles in India.

Powered by Capital Market - Live News

JMC Projects advances after multiple orders win
Jul 03,2017

The announcement was made after market hours on Friday, 30 June 2017.

Meanwhile, the S&P Sensex was up 133.08 points, or 0.43% at 31,054.69. The S&P BSE Small-Cap index was up 75.32 points, or 0.49% at 15,485.84.

On the BSE, 1,075 shares were traded on the counter so far as against the average daily volumes of 6,235 shares in the past one quarter. The stock had hit a high of Rs 283 and a low of Rs 277.50 so far during the day. The stock had hit a 52-week high of Rs 309.20 on 21 April 2017 and a 52-week low of Rs 183 on 21 November 2016.

The small-cap company has equity capital of Rs 33.58 crore. Face value per share is Rs 10.

JMC Projects (India) said that the company has won order for two water pipeline projects in Madhya Pradesh totaling Rs 257 crore. Another orders are for four commercial projects in Bangalore and Chennai totalling Rs 340 crore and one residential project in Chennai of Rs 115 crore.

S K Tripathi CEO & Deputy Managing Director, JMC Projects (India) said that these orders are aligned to the companys focus on building commercial projects in the private space.

JMC Projects (India)s net profit spurted 53.88% to Rs 17.85 crore on 5.94% rise in net sales to Rs 690.43 crore in Q4 March 2017 over Q4 March 2016.

JMC Projects (India) is one of the leading civil engineering procurement construction (EPC) company.

Powered by Capital Market - Live News

Tata Motors declines after weak June sales
Jul 03,2017

The announcement was made on Saturday, 1 July 2017.

Meanwhile, the S&P BSE Sensex was up 109.67 points or 0.35% at 31,031.28.

On the BSE, 70,000 shares were traded on the counter so far as against the average daily volumes of 18.89 lakh shares in the past one quarter. The stock had hit a high of Rs 433.70 and a low of Rs 426.65 so far during the day. The stock had hit a 52-week high of Rs 598.60 on 7 September 2016 and a 52-week low of Rs 417.10 on 8 May 2017.

The stock had underperformed the market over the past one month till 30 June 2017, sliding 10.17% compared with the Sensexs 0.76% fall. The stock had also underperformed the market over the past one quarter, declining 7.66% as against the Sensexs 4.3% rise. The scrip had also underperformed the market over the past one year, declining 5.82% as against the Sensexs 14.53% rise.

The large-cap company has equity capital of Rs 577.47 crore. Face value per share is Rs 2.

Tata Motors domestic sales of Tata commercial and passenger vehicles declined 5% to 36,854 vehicles in June 2017 over June 2016.

On a consolidated basis, net profit of Tata Motors declined 16.8% to Rs 4336.43 crore on 2.9% decline in net sales to Rs 77217.19 crore in Q4 March 2017 over Q4 March 2016.

Tata Motors is a market leader in commercial vehicles in India. The companys British luxury unit Jaguar Land Rover (JLR) sells premium luxury cars.

Powered by Capital Market - Live News

Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers
Jul 03,2017

Union Minister for Chemicals & Fertilizers and Parliamentary Affairs, Shri Ananthkumar said that it was decided to reduce the GST rate of fertilizers from the existing 12% to 5%. This decision was primarily taken in the interests of the farmers. The Government has also taken up with the Industry to pass on the benefit to the Farmers, the Minister informed.

Shri Ananthkumar said that farmers would benefit to the tune of Rs. 1261 crores under GST regime. Under the new GST rates announced by the Council, average weighted MRP will decrease to Rs. 5909/ Ton (or Rs. 295.47/ 50kg bag) as compared to the existing All India weighted Average of Rs 5923/ Ton (or Rs. 296.18/50 kg bag).

Consequent to the ushering in of the GST regime, Shri Ananthkumar informed, there will be a uniform MRP of Rs.295.47 per 50 kg bag across the country except couple of States where additional VAT is charged on the natural gas as Natural gas has not been brought within the ambit of GST. However, even in these States, MRP will reduce by Rs 3 per 50 kg bag. Similarly, MRP of P&K Fertilisers, for which the prices are not administered, are also expected to come down on an average basis as the incidence of tax will be lower than the existing tax on an average, the Minister added.

The GST regime, apart from integrating the entire fertilizer market into a single market, will also deter inter-state smuggling of fertilizers which may be currently happening due to differing levels of taxes and consequently MRPs in different adjoining States. The GST would realize the Prime Minister of India, Shri Narendra Modis vision of One Nation, One Market, One Tax, Shri Ananthkumar said.

Powered by Capital Market - Live News

Rules related to Registration and Composition Scheme have been notified on 19th June 2017& came into effect from 22nd June 2017
Jul 03,2017

The rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certificate, called Goods and Services Tax Identification Number (GSTIN), to taxpayers who have already been issued provisional ID for registration (PID) as well as to the new taxpayers.

Any person who has been granted PID and who opts for composition scheme, should submit an intimation of option in a prescribed form on GSTN on or before 21st July, 2017.

Any persons who has PID may submit the required documents on GSTN for getting the certificate of registration. It is clarified that a period of three months is allowed to complete this procedure i.e. the formalities can be completed on or before 22nd September, 2017. In the interim, they can issue tax invoice using the PID already allotted to them.

A person seeking fresh registration can apply for registration within thirty days from the date on which he becomes liable for registration. They can also opt for composition scheme at the time of filing of registration form.

The applicant for grant of new registration can issue a bill of supply for supplying goods or services during the period from the date of liability to obtain registration till date of issuance of the registration certificate, if he has applied for registration within thirty days from the date he has become liable for registration. On grant of certificate of registration he can issue revised tax invoices for the supplies made during this period.

Powered by Capital Market - Live News

CL Educate appoints directors
Jul 03,2017

CL Educate announced that the Board of Directors of the Company at its meeting held on 02 July 2017 has approved appointment of Madhumita Ganguli and Paresh Thakker as Additional Directors on the Board of the Company with effect from 02 July 2017.

Powered by Capital Market - Live News

65 MoUs signed at Textiles India 2017 in the presence of Union Textiles Minister
Jul 03,2017

Union Textiles Minister Smt. Smriti Zubin Irani and Minister of State, Textiles, Shri Ajay Tamta witnessed the signing of 65 MoUs in the textiles sector today, on the 2nd day of the three-day mega textiles trade fair, Textiles India 2017. MoUs were signed between various domestic and international organizations from industry and government; three of the MoUs signed are G2G MoUs.

The MoUs signed relate to exchange of information and documentation, Research & Development, commercialization of handloom products and silk production, cooperation in Geo textiles, skill development, supply of cotton and trade promotion with overseas partners, etc.

Powered by Capital Market - Live News

Maruti Suzuki India inches up after declaring monthly sales
Jul 03,2017

The announcement was made on Saturday, 1 July 2017.

Meanwhile, the S&P BSE Sensex was up 176.88 points, or 0.57% to 31,098.49

On the BSE, 1,054 shares were traded in the counter so far, compared with average daily volumes of 54,767 shares in the past one quarter. The stock had hit a high of Rs 7,256.80 and a low of Rs 7,218.05 so far during the day. The stock hit a record high of Rs 7,469 on 9 June 2017. The stock hit a 52-week low of Rs 4,126.40 on 7 July 2016.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Maruti Suzuki Indias domestic sales grew by 1.2% to 93,263 units in June 2017 over June 2016. Export sales jumped 95.8% to 13,131 units in June 2017 over June 2016.

Meanwhile, Maruti Suzuki India on Saturday, 1 July 2017 announced that the company has passed on the entire benefit of GST rates on vehicles to its customers. The ex-showroom prices of Maruti Suzuki India models have come down by up to 3%. The rate of reduction varies across locations depending on the VAT rates applicable prior to GST, the company said.

Owing to the withdrawal of tax concessions on mild hybrid vehicles, the price of Smart Hybrid Ciaz Diesel and Smart Hybrid Ertiga Diesel has increased. The new prices are effective from 1 July 2017, it added.

Maruti Suzuki Indias net profit rose 15.77% to Rs 1709 crore on 20.32% growth in net sales to Rs 18005.20 crore in Q4 March 2017 over Q4 March 2016.

Maruti Suzuki India is Indias biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2017).

Powered by Capital Market - Live News

Government imposes levy of 10% basic customs duty (BCD) on cellular mobile phone, specified parts thereof and certain electronic goods
Jul 03,2017

The Government had constituted Inter Ministerial Committee [IMC] comprising of officers from Ministry of Electronics and Information Technology (MeitY), the Department of Commerce (DoC), Department of Telecommunication (DoT) and Department of Revenue (DoR) to identify electronic / IT / telecom products, which are not Information Technology Agreement [ITA] - I bound, for customs duty enhancement on them.

With effect from 01.07.2017, the Government has imposed 10% basic customs duty (BCD) on:

a) Cellular mobile phones and specified parts of cellular mobile phones like charger, battery, wire headset, Microphone and Receiver, Key Pad, USB Cable etc.

b) Certain other specified electronic goods.

The present exemption from basic customs duty on specified parts of mobiles, namely, Printed Circuit Board Assembly (PCBA), Camera Module, Connectors Display Assembly, Touch Panel / Cover Glass Assembly, Vibrator Motor / Ringer will continue.

Further, inputs and raw material for manufacture of parts of above specified electronics goods including mobile phones will also continue to be exempt from BCD.

Notification Nos. 56/2017-Customs, 57/2017-Customs and 58/2017-Customs, all dated 30.06.2017 have been issued in this regard.

Powered by Capital Market - Live News

MOIL revises prices of various grades of Manganese Ore
Jul 03,2017

MOIL has fixed/revised prices of different grades of Manganese Ore, effective from 01 July 2017 as under -

1) The prices of various grades of Manganese Ore have been revised, the average increase being 4.6% on an weighted average basis.

2) MOIL have reduced the free credit facility from 90 days to 60 days in case of payment made through L.C/Bank Guarantee and for advance payment/credit balance, cash discount is reduced from 1.5% to 1% for the sale of all grade of Manganese ore except the grade of ore sold through e-sales.

3) The prices of Electrolytic Manganese Dioxide (EMD) have been increased by 5% on the prices prevailing during June2017.

Powered by Capital Market - Live News