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Indiabulls Real Estate skids after disappointing Q4 results
Apr 28,2017

The result was announced after market hours yesterday, 27 April 2017.

Meanwhile, the S&P BSE Sensex was down 102.53 points or 0.34% at 29,927.21. The S&P BSE Mid-Cap index was up 41.50 points or 0.28% at 14,813.95.

On the BSE, 29.36 lakh shares were traded on the counter so far as against the average daily volumes of 24.05 lakh shares in the past two weeks. The stock had hit a high of Rs 155.50 and a low of Rs 144.65 so far during the day. The stock had hit a 52-week high of Rs 164 on 26 April 2017. The stock had hit a 52-week low of Rs 56.10 on 27 April 2016.

The mid-cap company has equity capital of Rs 95.68 crore. Face value per share is Rs 2.

Indiabulls Real Estates earnings before interest, taxes, depreciation and amortization (EBITDA) margin excluding non operating income rose to 32.55% in Q4 March 2017 from 28.18% in Q4 March 2016.

Indiabulls Real Estate is a real estate development company with development projects spread across office and commercial complexes, premium residential developments, mega townships, retail spaces, hotel and resorts, special economic zones and infrastructure development.

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ICICI Bank allots 143,600 equity shares
Apr 28,2017

ICICI Bank has allotted 143,600 equity shares under ESOS on 27 April 2017.

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Coromandel International to pay dividend
Apr 28,2017

Coromandel International announced that dividend, if approved by the shareholders at the AGM, will be paid on or after 31 July 2017.

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LIC Housing Finance to pay dividend
Apr 28,2017

LIC Housing Finance announced that dividend on equity shares will be paid on or after 19 August 2017.

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Board of SQS India BFSI recommends final dividend
Apr 28,2017

SQS India BFSI announced that the Board of Directors of the Company at its meeting held on 27 April 2017, inter alia, have recommended the final dividend of Rs 20 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Arvind to hold EGM
Apr 28,2017

Arvind announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 9 June 2017 .

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G M Breweries to hold AGM
Apr 28,2017

G M Breweries announced that the Annual General Meeting (AGM) of the company will be held on 18 May 2017.

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Board of Tata Elxsi recommends final dividend
Apr 28,2017

Tata Elxsi announced that the Board of Directors of the Company at its meeting held on 27 April 2017, inter alia, have recommended the final dividend of Rs 16 per equity Share (i.e. 160%) , subject to the approval of the shareholders.

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SQS India BFSI to hold AGM
Apr 28,2017

SQS India BFSI announced that the Annual General Meeting (AGM) of the company will be held on 27 July 2017.

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Shriram Transport Finance Company to hold AGM
Apr 28,2017

Shriram Transport Finance Company announced that the Annual General Meeting (AGM) of the company will be held on 29 June 2017.

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TVS Motor Company to hold AGM
Apr 28,2017

TVS Motor Company announced that the 25th Annual General Meeting (AGM) of the company will be held on 1 August 2017.

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Board of Shriram Transport Finance Company recommends final dividend
Apr 28,2017

Shriram Transport Finance Company announced that the Board of Directors of the Company at its meeting held on 27 April 2017, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

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Maruti Suzuki India to pay dividend
Apr 28,2017

Maruti Suzuki India has announced Dividend payment date as 11 September 2017, subject to the approval of the shareholders in the ensuring AGM.

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New campaign gives fillip to Tourism in Rajasthan
Apr 28,2017

In the year 2016 the arrival of the number of tourists to Rajasthan seems encouraging with around 18 percent increase in the domestic tourist arrivals and around 3 percent in the foreign tourist arrivals. This statistics was quoted by Mr. NC Goel, Additional Chief Secretary, Tourism, Government of Rajasthan in his inaugural address at Great Indian Travel Bazaar (GITB) in Jaipur recently. The current trends in this year already indicate a quantum jump in the arrival of the tourists to the State. The new campaign is being credited for giving a fillip to the arrival of tourists. This marketing campaign was necessitated once it was realized that the tourist flow was stagnating owing to economic downturn, lesser variety of destinations as well as the entertainment facility in these destinations. Furthermore, the tourist destinations had become crowded, there was stiff competition from the neighbouring States and weak infrastructure in certain pockets. It was also realized that the urban Indian middle class was willing to spend on experiences. The State Tourism Department also perceived that there were changing preferences in the modes of communication with the preferred mode being the digital. The Government was also alive to the fact that road, rail and air infrastructure will have to be geared up and on these factors was designed the current creative print, electronic, digital and social media campaign of the Rajasthan Tourism.

Rajasthan, despite its strong and appealing tourism products had slipped from the top 5 States - after having been among the top 5 for several decades. The visit of the foreign tourists to the State decreased. However, following a national trend the arrival of the domestic tourists kept increasing.

The planned manner in which Rajasthan is now being presented as a tourist destination can be gauged by a major change on overall strategy, focus, centre-state relationship, increase in number of destinations as well attractions, unconventional experiences, social media boost and targeted intervention. For instance, earlier, the strategy for marketing Rajasthan was destination specific while now it is pre-dominantly theme specific. Similarly, the focus from being on heritage and legacy has now changed to a variety of tourism offering with proper segments defined and new products introduced. There is now a well coordinated and concerted action between the State and Centre agencies.

While earlier, there were 149 tourist spots across 13 destinations; there are now 25 major destinations with 30 forts, 39 palaces, 16 museums, 13 wildlife sanctuaries, 25 fairs and festivals, 8 types of adventure tourism across 11 locations and as many as 128 religious locations.

The report further reveals that Rajasthan now has umpteen unconventional experiences while there were only a handful earlier. The social media was a big zilch for marketing tourism while now it is an aggressive and integral part of the marketing plan. There is now also a well defined plan with targeted intervention while earlier it relied too much on word of mouth.

The focus of promoting Rajasthan as a tourism destination is now through new concepts, identifying and developing new destinations, strengthening the infrastructure, encouraging private investment, increasing connectivity and an aggressive marketing campaign.

The State economy, growing at a Compound Annual Growth Rate (CAGR) in excess of 12% for the period 2005-06 to 2015-16 has a considerable contribution from the tourism sector. The tertiary sector, of which tourism is a part, contributes approximately 48% to the State economy and is growing at a CAGR of 17.3% for the period under consideration, reveals the report.

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Shriram Transport Finance Company to pay final dividend
Apr 28,2017

Shriram Transport Finance Company announced that final dividend, subject to the approval of the shareholders at the AGM, will be paid on or after 04 July 2017.

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