My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
Visaka Industries to hold board meeting
Oct 17,2016

Visaka Industries will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve the audited financial results of the Company for the second quarter / half year ended September 30, 2016.

Powered by Capital Market - Live News

IFB Industries to hold board meeting
Oct 17,2016

IFB Industries will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and take on record the unaudited financial results of the Company for the quarter ended September 30, 2016 along with Segment Report.

Powered by Capital Market - Live News

Reliance Capital to hold board meeting
Oct 17,2016

Reliance Capital will hold a meeting of the Board of Directors of the Company on 24 October 2016 to consider and approve the unaudited financial results of the Company for the quarter and half-year ended September 30, 2016 (Q2).

Powered by Capital Market - Live News

JK Lakshmi Cement to hold board meeting
Oct 17,2016

JK Lakshmi Cement will hold a meeting of the Board of Directors of the Company on 26 October 2016 to approve and take on record the unaudited Financial Results of the Company for the second quarter/ half year ended September 30, 2016 (Q2).

Powered by Capital Market - Live News

Tinplate Company of India to hold board meeting
Oct 17,2016

Tinplate Company of India will hold a meeting of the Board of Directors of the Company on 25 October 2016 to approve and take on record the Audited the Financial Results of the Company for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

MEP Infrastructure Developers achieves financial closure for road project
Oct 17,2016

MEP Infrastructure Developers announced that MEP Nagpur Ring Road 1 -Subsidiary Company of the Company, has achieved the financial closure within the stipulated time in accordance with the Concession Agreement executed with NHAI dated 19 May 2016 for Four Laning Stand Alone Ring Road/ Bypass for the Nagpur City Package I from Km 0+500 to Km 34+000 (Design 33+500 Km) in the State of Maharashtra on BOT (Hybrid Annuity) basis, by tying up of Project finance of Rs. 238.95 crore.

The Bid project cost is Rs. 531.00 crore out of which Project finance will contribute Rs. 238.95 crore and remaining will be funded by grant from NHAI and equity contribution by the Company.

Key highlights of the Project are as under:
1) Construction Period: 30 Months from the Appointed Date.
2) Concession Period: 15 years (excluding Construction Period of 30 Months).
3) The Company will receive Bi-Annual Annuity from NHAI post Commercial Operation Date (COD).

Powered by Capital Market - Live News

Granules India intimates of successful USFDA inspection of Gagillapur facility
Oct 17,2016

Granules India announced that Companys Gagillapur facility located at Hyderabad, Telangana, India has successfully completed US FDA inspection without any observations. This facility manufactures Finished Dosages (FDs) and Pharmaceutical Formulation Intermediates (PFIs).

Powered by Capital Market - Live News

Shares of Mewar Hi-Tech Engineering get listed
Oct 17,2016

The equity shares of Mewar Hi-Tech Engineering (Scrip Code: 540150) are listed effective 17 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

Powered by Capital Market - Live News

Shares of Aditya Consumer Marketing get listed
Oct 17,2016

The equity shares of Aditya Consumer Marketing (Scrip Code: 540146) are listed effective 17 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

Powered by Capital Market - Live News

Shares of Shashijit Infraprojects get listed
Oct 17,2016

The equity shares of Shashijit Infraprojects (Scrip Code: 540147) are listed effective 17 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

Powered by Capital Market - Live News

Precious metal end lower on Friday
Oct 17,2016

Bullion prices ended lower at Comex on Friday, 14 October 2016. Gold futures settled lower on Friday as the dollar climbed on the back of upbeat U.S. retail sales data, but scored their first weekly gain in three weeks.

December gold fell $2.10, or 0.2%, to settle at $1,255.50 an ounce. Gold futures ended the week about 0.3% higher.

December silver fell 1.7 cents, or 0.1%, to $17.441 an ounce, holding on to a nearly 0.4% gain on Friday.

On Friday, strength in the ICE U.S. Dollar Index which rose 0.5% as of golds settlement, put some pressure on dollar-denominated precious metals prices. It was set for a gain of about 1.4% for the week.

The greenback gained on the back of U.S. data that showed retail sales rebounded in September.

Data showed that consumer sentiment in early October, however, took a hit as concerns about the presidential election began to weigh, according to the University of Michigan. Fridays economic data included the PPI Report for September, the Retail Sales Report for September, Business Inventories for August, and the initial reading of the University of Michigan Consumer Sentiment Index for October. The Producer Price Index (PPI) for September showed a 0.3% increase in final demand prices (consensus +0.2%), led by a 0.7% jump in the index for final demand goods. Excluding food and energy, the index for final demand was up 0.2% (consensus +0.1%).Total retail sales increased 0.6% in September while sales, excluding autos, rose 0.5%. Both results were in-line with the estimates.

Separately, the University of Michigans Index of Consumer Sentiment dropped to 87.9 in the preliminary reading for October (consensus 92.4) from the final reading of 91.2 for September. The October reading is the second lowest level in the past two years.

The Federal Reserve has been tracking economic data to decide the timing of the next rate increase. On Friday, Boston Fed President Eric Rosengren said the central bank may have to be more aggressive in raising interest rates than the measured pace it currently projects.

Powered by Capital Market - Live News

Shares of Bindal Exports get listed
Oct 17,2016

The equity shares of Bindal Exports (Scrip Code: 540148) are listed effective 17 October 2016 and admitted to dealings on the Exchange in the list of M Group Securities.

Powered by Capital Market - Live News

SBI gains as board approves divestment of stake in SBI Life
Oct 17,2016

The announcement was made after market hours on Friday, 14 October 2016.

Meanwhile, the S&P BSE Sensex was up 13.53 points or 0.05% at 27,687.13

On BSE, so far 54,000 shares were traded in the counter as against average daily volume of 26.37 lakh shares in the past one quarter. The stock hit a high of Rs 254.50 and a low of Rs 253.45 so far during the day. The stock had hit a 52-week high of Rs 271.55 on 8 September 2016. The stock had hit a 52-week low of Rs 148.30 on 12 February 2016.

The large-cap state-run bank has equity capital of Rs 776.28 crore. Face value per share is Rs 1.

State Bank of India (SBI) said that the Executive Committee of the Central Board (ECCB) at its meeting held on Friday, 14 October 2016 has approved to dilute upto 5% stake of SBI in SBI Life to a non-promoter entity.

SBIs net profit fell 31.7% to Rs 2520.96 crore on 9.4% rise in net sales to Rs 48928.60 crore in Q1 June 2016 over Q1 June 2015.

SBI is Indias biggest bank in terms of branch network. The Government of India currently holds 60.18% stake in SBI (as per the shareholding pattern as on 30 June 2016).

Powered by Capital Market - Live News

Marked growth in consumer confidence this festive season; Consumer to spend 40% more this Diwali: ASSOCHAM Survey
Oct 17,2016

Riding on the back of an uptick in the economy and improving perception for better job prospects, coupled with steady lowering of interest rates, the consumer demand is witnessing a marked growth of as much 40 per cent in the ongoing festival season this year, as compared to 2015, an ASSOCHAM survey has said.

Notably, rural demand is adding to the festive fervour, as good Monsoon has boosted confidence among the farmers and farm labour. Clear pick up is visible in the sale of two-wheelers, jewellery and even consumer durables in the rural and semi-rural areas in most parts of the country. However, as noted in earlier ASSOCHAM survey, the demand for real estate and housing remains very low key.

The uptick in demand is seen clearly in the sale of automobiles including passenger cars, two-wheelers, mobile handsets, consumer durables and fashion -wears. So far, the maximum push is seen in the eastern and western region while the northern region is expected to pick up in the run-up to Diwali, reveals the ASSOCHAM survey.

Kolkata and other major cities in the east have witnessed a splurge on Durga Puja shopping while the western cities of Maharashtra and Gujarat have seen good rush of shoppers during the Navratris. Delhi and other north Indian cities would pick up pace in the next few days in jewellery buying, apart from consumer durables.

According to the survey, about 20 per cent increase in spend on groceries; a 52 per cent increase in budget apparels, about 32 percent spend on lifestyle and fashion accessories in the next three months would mark the festive season, the survey noted.

Green shoots in the economy are giving a lot of confidence to consumer demand, which hopefully would lead to an appetite for fresh investment after a brief lag, said ASSOCHAM Secretary General Mr D S Rawat .

The survey covered consumers in age groups 24-34 and 35-45 in Delhi-NCR, Mumbai, Kolkata, Bangalore, Chennai, Ahmedabad, Chandigarh, Lucknow and Indore.

The survey reveals that women are likely to spend more on apparel than men, while men tend to spend more on lifestyle accessories than women.

The average amount spend on mobiles during the festive season is expected to range from Rs 15,000- 35,500, up from Rs 10,000 - 15,000 for the last six months. In case of mobile phones and other electronics, consumers will re-look into various brands and their offerings especially, in terms of the value proposition before making the purchase decision.

The average ticket size for home appliances and electronics during the festive season is expected to be Rs 15,000-25,000/- six months ago.

The middle and upper middle class spend around Rs 10,000 to Rs 25,000 in the festive season. Mostly they buy electronic items like mobiles, laptops or LED TVs.

Metro consumers are increasing taking to online shopping as top e-commerce companies discounts, freebies and offers to boost sales. Online retailers such as Amazon, Paytm, Jabong, ShopClues, Snapdeal, Flipkart and Quikr are doling out hefty discounts apart from cash-back offers and loyalty points.

Powered by Capital Market - Live News

SBI in focus as board approves divestment of stake in SBI Life
Oct 17,2016

State Bank of India (SBI) said that the Executive Committee of the Central Board (ECCB) at its meeting held on 14 October 2016 has approved to dilute upto 5% stake of SBI in SBI Life to a non-promoter entity. The announcement was made after market hours on Friday, 14 October 2016.

Shares of PSU OMCs will be in focus after Indian Oil Corporation (IOCL) increased petrol and diesel prices with effect from midnight 15 October 2016/16 October 2016. IOCL announced increase in selling price of petrol by Rs 1.34/litre (excluding State levies) and increase in selling price of diesel by Rs 2.37/litre (excluding State levies). The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant decrease in price of petrol and increase in price of diesel, the impact of which is being passed on to the consumers with this price revision, IOCL said. The movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes, it added.

Among corporate news, UltraTech Cement is scheduled to announce its Q2 September 2016 results today, 17 October 2016.

HDFC after market hours on Friday, 14 October 2016 announced that it has closed the issue of rupee denominated bonds to overseas investors aggregating to an amount up to Rs 500 crore. The yield to investor is 7.25% per annum payable semi-annually. Maturity date is 9 January 2020.

Mahindra & Mahindra (M&M) announced on 15 October 2016 regarding the transfer of Franchisee Division of Mahindra Retail, a subsidiary of the company on a slump sale basis to BrainBees Solutions. The total lump sum consideration for the transfer of Franchisee Division on a slump sale basis is Rs 362.10 crore. The two largest retail players in the largely unorganised $12 billion baby and kids market in India, FirstCry.com (BrainBees Solutions) and Mahindra Retail (BabyOye), have consolidated their business activities to create a dominant presence in this segment. In terms of the structure of the transaction, Mahindra Retail and FirstCry have consolidated their operations, with Mahindra Retail selling its Franchise business to FirstCry, and operating all company stores under a FirstCry master franchisee agreement. FirstCry additionally raises $34 million of new equity capital from the Mahindra Group, Adveq (a large private equity fund), Kris Gopalakrishnan and participation from all existing shareholders.

ICICI Bank announced after market hours on Friday, 14 October 2016 that the board of directors of the bank at its meeting held 14 October 2016, approved the appointment of Anup Bagchi, presently Managing Director & CEO, ICICI Securities, as Executive Director of ICICI Bank subject to regulatory approvals for a period of five years effective 1 February 2017 or the date of approval of his appointment by the Reserve Bank of India (RBI), whichever is later. Anup Bagchi has been with the ICICI Group since 1992 and has worked in the areas of retail banking, corporate banking and treasury. During his tenure at ICICI Securities, he has led the growth and development of the retail broking, retail financial product distribution and wealth management businesses, ICICI Bank said. Bagchi is not related to any other director of the bank, it added.

The board also took on record, the resignation of Rajiv Sabharwal, Executive Director consequent to his decision to pursue opportunities outside the ICICI Group, effective 31 January 2017. The board also took note of other incidental changes to the senior management positions across the ICICI Group.

Canara Bank said that the majority of the directors have taken note of the contents and the recommendations of the bank in the circular note and consented to raise Additional Tier-I Capital Funds through BASEL-III Compliant Additional Tier-I Perpetual Bonds in rupee terms domestically for an amount not exceeding Rs 2500 crore in single tranche or in tranches depending on the market conditions to maintain healthy CRAR during the current financial year. A bond committee will be constituted to determine the structure of the issue size, tenor, coupon, timing of the issue, date of allotment, listing and other matters connected to the issue. The announcement was made after market hours on Friday, 14 October 2016.

DCB Banks net profit rose 31.3% to Rs 48.49 crore on 22.16% rise in total income to Rs 567.89 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 14 October 2016.

CRISILs consolidated net profit rose 3.86% to Rs 79.84 crore on 8.22% rise in total income to Rs 404.73 crore in Q3 September 2016 over Q3 September 2015. The result was announced after market hours on Friday, 14 October 2016.

Hatsun Agro Product said that CRISIL has re-affirmed upon renewal the companys Long Term Rating as CRISIL A / Stable for the bank loan facilities and Commercial Paper rating for Rs 150 crore as CRISIL A1. The announcement was made after market hours on Friday, 14 October 2016.

Powered by Capital Market - Live News