My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Greaves Cotton jumps after technology tie-up with US-based firm
Jun 14,2017

The announcement was made after market hours yesterday, 13 June 2017.

Meanwhile, the S&P BSE Sensex was down 20.51 points, or 0.07% to 31,082.98.

On the BSE, 60,000 shares were traded in the counter so far, compared with average daily volumes of 50,265 shares in the past one quarter. The stock had hit a high of Rs 164.65 and a low of Rs 160 so far during the day. The stock hit a record high of Rs 178 on 4 May 2017. The stock hit a 52-week low of Rs 115.20 on 26 December 2016.

The stock had underperformed the market over the past one month till 13 June 2017, rising 0.58% compared with 2.58% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 5.02% as against Sensexs 5.80% rise. The scrip had also underperformed the market in past one year, rising 13.87% as against Sensexs 17.84% rise.

The mid-cap company has equity capital of Rs 48.84 crore. Face value per share is Rs 2.

Greaves Cotton and US-based Pinnacle Engines Inc announced a technology partnership for the launch of a revolutionary Opposed Piston Petrol/CNG lean burn BS VI-compIiant engine for 3-wheelers in India.

As per the agreement, Pinnacle will grant license to Greaves Cotton for manufacturing and selling 3-wheel Pinnacle Engines and 2 Wheel (110 CC) Pinnacle Engines. Greaves Cotton has agreed for $7.5 million milestone-linked payment and 5% royalty to Pinnacle Engines.

This move is seen as an important milestone for Greaves to establish itself as a leading fuel agnostic powertrain solutions & services company. This also allows Greaves access to export markets with large 3-wheeler population. With this advanced horizontal opposed piston design engines, Greaves aims to offer BS VI compliant high power and fuel efficiency engines with lower maintenance cost that results in higher savings to the end customer. This partnership enables Greaves, currently the market leader in the 3-Wheeler diesel engine space, to enter the larger 3-wheeler petrol/CNG space, with a powerful customer value proposition.

The partnership leverages strengths on both sides, provides opportunities to enter new markets and customer segments. The innovative technology offering from Pinnacle Engines, coupled with the vast experience of Greaves in world class manufacturing, will create a superior value package for the end customer in the Indian and overseas markets. The agreement between the two companies was signed in California, US.

Pinnacle Engines is a US-based mobility technologies company. A pioneer in the field of Opposed Piston Engine architecture, utilizing a proprietary hardware design and electronic control, Pinnacles unique lean-burn four stroke engine is protected by over 170 patents. The technology is now ready to be taken into the Indian 3-wheeler market, providing a highly differentiated customer value proposition.

Net profit of Greaves Cotton rose 19.13% to Rs 46.77 crore on 3.40% decline in net sales to Rs 390.73 crore in Q4 March 2017 over Q4 March 2016.

Greaves Cotton is one of the leading engineering companies in India with core competencies in diesel/ petrol engines, farm equipment and Gensets. The company sustains its leadership through six manufacturing units which produce world class products backed by comprehensive spares and service through its 3500 plus service outlets across India.

Powered by Capital Market - Live News

Board of Kanpur Plastipack recommends final dividend
Jun 14,2017

Kanpur Plastipack announced that the Board of Directors of the Company at its meeting held on 29 May 2017, inter alia, have recommended the final dividend of Rs 1.8 per equity Share (i.e. 18%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Larsen & Toubro to hold AGM
Jun 14,2017

Larsen & Toubro announced that the th Annual General Meeting(AGM) of the company on 22 August 2017.

Powered by Capital Market - Live News

Bajaj Auto to pay dividend
Jun 14,2017

Bajaj Auto announced that dividend, if approved at the AGM, will be credited on 24 - 25 July 2017.

Powered by Capital Market - Live News

Bajaj Finserv to pay dividend
Jun 14,2017

Bajaj Finserv announced that dividend, if declared at the AGM, will be dispatched between 24 July to 25 July 2017.

Powered by Capital Market - Live News

Viaan Industries to launch Match Indian Poker League
Jun 14,2017

Viaan Industries has signed an agreement with International Federation of Poker to launch Match Indian Poker Leaque (Match IPL) which will see city based teams compete in the worlds first professional match poker league.

Powered by Capital Market - Live News

Chambal Fertilisers rises after striking deal for purchase of gas
Jun 14,2017

The announcement was made during trading hours today, 14 June 2017.

Meanwhile, the S&P BSE Sensex was down 8.27 points, or 0.03% to 31,095.22.

On the BSE, 1.24 lakh shares were traded in the counter so far, compared with average daily volumes of 3.32 lakh shares in the past one quarter. The stock had hit a high of Rs 130.55 and a low of Rs 126.55 so far during the day. The stock hit a record high of Rs 138 on 10 May 2017. The stock hit a 52-week low of Rs 53.70 on 17 November 2016.

The stock had underperformed the market over the past one month till 13 June 2017, falling 2.01% compared with 2.58% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 54.53% as against Sensexs 5.80% rise. The scrip had also outperformed the market in past one year, rising 88.91% as against Sensexs 17.84% rise.

The mid-cap company has equity capital of Rs 416.21 crore. Face value per share is Rs 10.

Chambal Fertilisers and Chemicals said initial supply date will occur between 1 April 2018 and 1 July 2019. The gas is being purchased mainly for new urea plant of the company being set up at the existing site at Gadepan in Kota, Rajasthan. However, the gas can also be used at the existing plants of the company at Gadepan in Kota, Rajasthan.

Chambal Fertilisers & Chemicals reported net profit of Rs 27.15 crore in Q4 March 2017 as against net loss of Rs 131.16 crore in Q4 March 2016. Net sales declined 23.63% to Rs 1072.76 crore in Q4 March 2017 over Q4 March 2016.

Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India.

Powered by Capital Market - Live News

Bank of India allots 1.75 crore equity shares
Jun 14,2017

Bank of India has allotted 1,75,00,000 fresh equity shares of Rs. 10/- each to Life Insurance Corporation of India at a price of Rs. 126.81 per share.

Powered by Capital Market - Live News

Lux Inds spurts as Reliance MF buys shares
Jun 14,2017

Meanwhile, the S&P BSE Sensex was up 0.09 points at 31,103.58. The S&P BSE Small-Cap index fell 8.48 points or 0.05% at 15,509.45.

On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 98,000 shares in the past two weeks.

The stock had hit a high of Rs 970 so far during the day, which is a record high. The stock hit a low of Rs 930 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

Valuead Securities sold 5.62 lakh shares of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the BSE yesterday, 13 June 2017. Reliance Mutual Fund bought 4.44 lakh shares at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries net profit rose 26.9% to Rs 19.59 crore on 3.6% growth in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

Lux Industries makes various kinds of hosiery products for men, women and children.

Powered by Capital Market - Live News

Bajaj Finance allots NCDs aggregating Rs 1025 crore
Jun 14,2017

Bajaj Finance has allotted 10,250 secured redeemable non-convertible debentures of face value of Rs 10 lakh each aggregating Rs 1025 crore on private placement basis on 13 June 2017.

Powered by Capital Market - Live News

Veer Energy & Infrastructure to hold board meeting
Jun 14,2017

Veer Energy & Infrastructure will hold a meeting of the Board of Directors of the Company on 15 June 2017.

Powered by Capital Market - Live News

Bajaj Finserv to hold board meeting
Jun 14,2017

Bajaj Finserv will hold a meeting of the Board of Directors of the Company on 19 July 2017.

Powered by Capital Market - Live News

Bajaj Auto to hold board meeting
Jun 14,2017

Bajaj Auto will hold a meeting of the Board of Directors of the Company on 20 July 2017.

Powered by Capital Market - Live News

Bajaj Holdings & Investment to hold board meeting
Jun 14,2017

Bajaj Holdings & Investment will hold a meeting of the Board of Directors of the Company on 20 July 2017.

Powered by Capital Market - Live News

India Infraspace to hold board meeting
Jun 14,2017

India Infraspace will hold a meeting of the Board of Directors of the Company on 15 June 2017.

Powered by Capital Market - Live News