My Application Form Status

Check the status of your application form with Angel Broking.
Hindusthan Urban Infrastructure gets revision in credit ratings
Jan 12,2017

Hindusthan Urban Infrastructure has received revision in ratings for bank facilities of the company from Credit Analysis & Research as under -

Long term bank facilities - CARE BBB-; Negative (Revised from CARE BBB)

Long term/ short term bank facilities - CARE BBB-; Negative / CARE A3 (Revised from CARE BBB/ CARE A2)

Powered by Capital Market - Live News

ITC slips after bulk deal
Jan 12,2017

Meanwhile, the S&P BSE Sensex was up 100.26 points, or 0.37%, to 27,240.67

Bulk deal boosted volume on the scrip. On BSE, so far 12.45 lakh shares were traded in the counter, compared with average daily volume of 10.47 lakh shares in the past one quarter. The stock hit a high of Rs 247.60 and a low of Rs 243.65 so far during the day.

The stock hit a 52-week high of Rs 266 on 8 September 2016. The stock hit a 52-week low of Rs 178.67 on 29 February 2016. The stock had outperformed the market over the past 30 days till 11 January 2017, rising 5.18% compared with 1.66% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 3.49% as against Sensexs 1.82% fall.

The large-cap company has an equity capital of Rs 1212.14 crore. Face value per share is Re 1.

ITCs net profit rose 10.5% to Rs 2500.03 crore on 10.28% increase in total income to Rs 10136.06 crore in Q2 September 2016 over Q2 September 2015.

ITC is a diversified company, with presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

Powered by Capital Market - Live News

Poona Dal and Oil Industries gets revision in credit ratings
Jan 12,2017

Poona Dal and Oil Industries has received revision in credit ratings from ICRA as under -

Long term bank facilities - ICRA A-/Stable (Revised from ICRA BBB+)
Short term non-fund based facilities - ICRA A2+ (Revised from ICRA A2)

Powered by Capital Market - Live News

Alok Industries announces withdrawal of nominee director
Jan 12,2017

Alok Industries announced that IFCI has withdrawn the nomination of Sudhir Garg from the Board of Directors of the Company with effect from 27 December 2016.

Powered by Capital Market - Live News

Bombay Dyeing & Manufacturing Company director resigns
Jan 12,2017

Bombay Dyeing & Manufacturing Company announced that Sheela Bhide, Non-Executive Independent Director of the Company, vide her letter dated 31 December 2016 has resigned with immediate effect due to her other commitments.

Powered by Capital Market - Live News

Kewal Kiran Clothing wins award for Excellence in Financial Reporting for FY 2016
Jan 12,2017

Kewal Kiran Clothing announced that the Institute of Chartered Accountants of India has awarded the Company the Golden Shield Award for Excellence in Financial Reporting for the financial year 2015-16.

Powered by Capital Market - Live News

Zee Learn vaults after reporting strong Q3 results
Jan 12,2017

The result was announced during market hours today, 12 January 2017.

Meanwhile, the BSE Sensex was up 110.33 points, or 0.41%, to 27,250.74.

High volumes were witnessed on the counter. On the BSE, 4.08 lakh shares were traded in the counter so far compared with average daily volume of 66,111 shares in the past one quarter. The stock had hit a high of Rs 49.30 so far during the day, which is a 52-week high for the stock. The stock hit a low of Rs 45 so far during the day. The stock had hit a 52-week low of Rs 26.50 on 24 June 2016.

The small-cap company has an equity capital of Rs 32.06 crore. Face value per share is Re 1.

A part of Essel Group, Zee Learn is one of the leading companies in the education sector.

Powered by Capital Market - Live News

Idea Cellular plans to raise Rs 500 crore
Jan 12,2017

Idea Cellular announced that the Company is proposing to issue Unsecured Redeemable Non-Convertible Debentures (NCDs) amounting to Rs. 500 crores on private placement basis.

Powered by Capital Market - Live News

NHPC hits 52-week high after declaring hefty interim dividend
Jan 12,2017

The announcement was made during market hours today, 12 January 2017.

Meanwhile, the S&P BSE Sensex was up 87.81 points, or 0.32%, to 27,228.22

The stock surged on high volumes. On the BSE, 80.58 lakh shares were traded in the counter so far, compared with an average volume of 6.69 lakh shares in the past one quarter. The stock hit a high of Rs 30.60 in intraday trade so far, which is 52-week high for the counter. The stock had hit a low of Rs 27.50 so far during the day. The stock hit a 52-week low of Rs 18.60 on 20 January 2016.

The stock had underperformed the market over the past 30 days till 11 January 2017, rising 1.48% compared with 1.66% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 7.24% as against Sensexs 1.82% fall.

The large-cap company has equity capital of Rs 11070.67 crore. Face value per share is Rs 10.

The stock offers a dividend yield of 6.2% based on its closing price of Rs 27.40 on the BSE yesterday, 11 January 2017.

NHPCs net profit rose 27.89% to Rs 1554.66 crore on 19.44% growth in total income to Rs 3389.67 crore in Q2 September 2016 over Q2 September 2015.

NHPC was incorporated in the year 1975 with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC expanded its objects to include development of power in all its aspects through conventional and non-conventional sources in India and abroad.

Government of India (GoI) currently holds 74.6% stake in NHPC (as per the shareholding pattern as on 30 September 2016).

Powered by Capital Market - Live News

Orient Paper & Industries provides update on proposed rights issue
Jan 12,2017

Orient Paper & Industries announced that the Rights Issue Committee at its meeting held on 12 January 2017, has finalized the following with respect to the proposed issue -

Issue opening date - 25 January 2017
Last date of receipt of split application forms - 02 February 2017
Issue closing date - 09 February 2017

Powered by Capital Market - Live News

Board of Nikki Global Finance to consider December quarter results
Jan 12,2017

Nikki Global Finance announced that a Meeting of the Board of Directors of the Company will be held on 07 February 2017, inter alia, to consider & approve the un-audited financial results for the quarter ended 31 December 2016.

Powered by Capital Market - Live News

Board of Lead Financial Services to consider Q3 and 9M results
Jan 12,2017

Lead Financial Services announced that the meeting of Board of Directors of the Company will be held on 11 February 2017, to consider and take on record unaudited financial results of the Company for the quarter and nine months ended on 31 December 2016.

Powered by Capital Market - Live News

Board of Trinetra Cement to consider December quarter results
Jan 12,2017

Trinetra Cement announced that a meetings of the Audit Committee and Board of Directors of the Company will be held on 27 January 2017, to consider unaudited financial results (subjected to a limited review by the statutory auditors of the Company) for the quarter and nine months ended 31 December 2016.

Powered by Capital Market - Live News

Excel Crop Care to consider Q3 and 9M results
Jan 12,2017

Excel Crop Care announced that a meeting of the Board of Directors of the Company is scheduled to be held on 02 February 2017, inter alia, to consider the Standalone Unaudited Financial Results of the Company for the quarter and nine months ended 31 December 2016.

Powered by Capital Market - Live News

Ind-Ra: Aurobindo Pharmas Acquisition of Portugal-Based Firms Unlikely to Impact Ratings
Jan 12,2017

India Ratings and Research (Ind-Ra) does not expect Aurobindo Pharmas (APL; IND AA+/Stable) INR9.7 billion acquisition of Generis Farmaceutica S.A. (Generis) and its subsidiaries in Portugal to impact its ratings.

The acquisition is likely to be funded largely through long-term debt and cash. Ind-Ra expects APLs net adjusted debt to increase to the extent of the cost of acquisition. However, the agency expects the companys net adjusted leverage to remain below the negative guideline level of 1.5x after the completion of the acquisition. APL registered strong operating cash flow at INR16.6 billion for FY16 and had INR7.03 billion in free cash at end-September 2016. Moreover, the EBITDA-accretive nature of the transaction will support net leverage. APLs net adjusted leverage stood at about 0.9x at end-September 2016 (FY16: 1.3x; FY15: 1.6x).

The acquisition provides APL an additional platform to sell its generic products in Portugal. As a part of the acquisition, APL will gain Generiss Europe-based large oral solid manufacturing facility. This would allow for the local manufacture of its wide product portfolio, especially to service orders when volumes are low or lead time is short, for sale in Portugal and other European countries. Such synergies are likely to yield additional profits from FY18. Generis registered an EBITDA margin of about 20% for 2015. The benefits of the acquisition are likely to accrue to the company gradually over the next three years.

Powered by Capital Market - Live News