My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking
Shilpa Medicare provides update on USFDA inspection of its API manufacturing facility at Raichur, Karnataka
Apr 12,2017

Shilpa Medicare announced that the USFDA has issued an Establishment Inspection Report (EIR) for the Companys Active Pharmaceutical Ingredient (API) manufacturing facilities located at Raichur, Karnataka, India which was inspected between 12 December and 16 December 2016. The inspection has now been closed by the US FDA. The Company had submitted a detailed corrective and preventive action (CAPA) plan to the regulator within the stipulated timelines in response to the form 483 issued at the end of inspection. The US FDA has reviewed the CAPA and has found them acceptable.

Powered by Capital Market - Live News

Petronet LNG hits record high after brokerage raises price target
Apr 12,2017

Meanwhile, the S&P BSE Sensex was down 170.46 points, or 0.57% to 29,617.89.

On the BSE, 2.90 lakh shares were traded in the counter so far, compared with average daily volumes of 2.08 lakh shares in the past one quarter. The stock had hit a high of Rs 440.40 so far during the day, its record high for the counter. The stock had hit a low of Rs 428 so far during the day. The stock hit a 52-week low of Rs 244.25 on 12 April 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 11.49% compared with 2.91% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 14.98% as against Sensexs 9.76% rise.

The large-cap company has equity capital of Rs 750 crore. Face value per share is Rs 10.

According to reports, the brokerage said its confidence continues in Petronet LNG - Indias key LNG importer - as a compelling story and safest name in its coverage. It sees no risk to companys ability to raise tariff by 5% in near term.

Petronet LNGs net profit surged 132.55% to Rs 397.47 crore on 23.9% increase in net sales to Rs 5976.58 crore in Q3 December 2016 over Q3 December 2015.

Petronet LNG was formed as a joint venture by the Government of India to import liquified natural gas (LNG) and set up LNG terminals in the country.

Powered by Capital Market - Live News

Goa Carbon gallops to 52-week high after blockbuster Q4 outcome
Apr 12,2017

The result was announced after market hours yesterday, 11 April 2017.

Meanwhile, the S&P BSE Sensex was down 151.65 points or 0.51% at 29,636.70. Meanwhile, the S&P BSE Small-Cap index was down 109.35 points or 0.73% at 14,815.52.

On BSE, so far 7.57 lakh shares were traded in the counter as against average daily volume of 32,528 shares in the past one quarter. The stock hit a high of Rs 154.90 in intraday trade so far, which is 52-week high for the counter. The stock hit a low of Rs 138.70 so far during the day. The stock had hit a 52-week low of Rs 76.35 on 25 May 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 23.39% compared with 2.91% rise in the Sensex. The scrip, however, underperformed the market in past one quarter, gaining 7.82% as against Sensexs 9.76% rise.

The small-cap company has equity capital of Rs 9.15 crore. Face value per share is Rs 10.

Goa Carbon is engaged in the business of manufacturing and marketing of calcined petroleum coke.

Powered by Capital Market - Live News

Shriram City Union Finance slips after RBI penalty
Apr 12,2017

Meanwhile, the S&P BSE Sensex was down 166.25 points, or 0.56% to 29,622.10.

On the BSE, 114 shares were traded in the counter so far, compared with average daily volumes of 12,032 shares in the past one quarter. The stock had hit a high of Rs 2,305.50 and a low of Rs 2,260.85 so far during the day.

The stock hit a record high of Rs 2,650 on 30 October 2016. The stock hit a 52-week low of Rs 1,501 on 12 April 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 15.10% compared with 2.91% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 25.22% as against Sensexs 9.76% rise.

The large-cap company has equity capital of Rs 65.94 crore. Face value per share is Rs 10.

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20 lakh on Shriram City Union Finance for violation of directions/orders issued by Reserve Bank of India from time to time. RBI made the announcement after market hours yesterday, 11 April 2017.

A scrutiny of sample loan accounts of the company was conducted in November 2015. It was observed that the company has violated various provisions of the Fair Practices Code guidelines issued by RBI under Section 45 L of the RBI Act, 1934. On account of various contraventions to RBI directions as observed during the scrutiny, the company was issued a Show Cause Notice (SCN) on 1 August 2016 for imposition of penalty. The companys response to the SCN was not found to be satisfactory. The company was also accorded a personal hearing by RBI on 14 February 2017. After considering the facts of the case and the companys reply, as also, personal submissions made during the hearing, RBI came to the conclusion that the violations as observed during scrutiny were substantiated which warranted imposition of monetary penalty on the company. Accordingly, a penalty of Rs 20 lakh has been imposed on the company.

Shriram City Union Finances net profit fell 9.5% to Rs 157.74 crore on 15.5% rise in operating income to Rs 1156.33 crore in Q3 December 2016 over Q3 December 2015.

Shriram City Union Finance is Indias premier financial services company specializing in retail finance. It has a comprehensive range of offerings comprising finance for two wheelers and three wheelers, four wheeler finance (both new and pre-owned passenger and commercial vehicles), personal loans, small business loans, and loan against gold.

Powered by Capital Market - Live News

Filatex India declines on profit booking
Apr 12,2017

Meanwhile, the S&P BSE Sensex was down 142.90 points, or 0.48% at 29,645.45. The S&P BSE Small-cap index was down 126.60 points, 0.85 % at 14,798.27.

On the BSE, 29,000 shares were traded on the counter so far as against the average daily volumes of 1.37 lakh shares in the past one quarter. The stock had hit a high of Rs 147.60 and a low of Rs 139 so far during the day.

The stock had hit a 52-week high of Rs 149.30 on 10 April 2017 and a 52-week low of Rs 38 on 8 April 2016. The stock had outperformed the market over the past one month till 11 April 2017, advancing 26.48% compared with the Sensexs 2.91% rise. The scrip had also outperformed the market over the past one quarter advancing 103.34% as against the Sensexs 9.76% rise.

The small-cap company has equity capital of Rs 43.50 crore. Face value per share is Rs 10.

Filatex India had rallied 27.48% in the preceding eight trading sessions to settle at Rs 145.90 yesterday, 11 April 2017, from its closing of Rs 114.45 on 29 March 2017.

Filatex Indias net profit rose 25.4% to Rs 7.20 crore on 22.7% increase in net sales to Rs 366.59 crore in Q3 December 2016 over Q3 December 2015.

Filatex India is engaged in manufacture and trading of synthetic yarn and textiles. It manufactures polyester and polypropylene multifilament yarn, and polyester chips.

Powered by Capital Market - Live News

Reliance Defence slips after weak Q4 earnings
Apr 12,2017

The result was announced after market hours yesterday, 11 April 2017.

Meanwhile, the S&P BSE Sensex was down 141.52 points, or 0.48% to 29,646.83.

On the BSE, 5.83 lakh shares were traded in the counter so far, compared with average daily volumes of 6.78 lakh shares in the past one quarter. The stock had hit a high of Rs 68 and a low of Rs 65.75 so far during the day.

The stock hit a 52-week high of Rs 72.85 on 1 August 2016. The stock hit a 52-week low of Rs 48.40 on 22 November 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 16.30% compared with 2.91% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 18.10% as against Sensexs 9.76% rise.

The mid-cap company has equity capital of Rs 736.21 crore. Face value per share is Rs 10.

Reliance Defence & Engineering reported net loss of Rs 139.92 crore in Q4 March 2017 compared with net profit of Rs 102.44 crore in Q4 March 2016. Net sales jumped 140.6% to Rs 227.89 crore in Q4 March 2017 over Q4 March 2016.

The company reported net loss of Rs 523.43 crore in the year ended March 2017 compared with net loss of Rs 528.65 crore in the year ended March 2016. Net sales rose 69.4% to Rs 518.75 crore in the year ended March 2017 March 2017 over the year ended March 2017 March 2016.

On a consolidated basis, Reliance Defence & Engineering reported net loss of Rs 577.22 crore in the year ended March 2017 compared with net loss of Rs 592.42 crore in the year ended March 2016. Net sales rose 80.46% to Rs 563.34 crore in the year ended March 2017 March 2017 over the year ended March 2017 March 2016.

Reliance Defence and Engineering (RDEL) has a large ship building/repair infrastructure in India. It has one of the largest dry dock in the world.

Powered by Capital Market - Live News

Pincon Spirit hardens as board approves fund raising proposal
Apr 12,2017

The announcement was made after market hours yesterday, 11 April 2017.

Meanwhile, the S&P BSE Sensex was down 183.37 points, or 0.62%, to 29,604.48. The S&P BSE Small-Cap index was down 191.19 points, or 1.28%, to 14,733.68.

On BSE, so far 71,000 shares were traded in the counter, compared with average daily volume of 1.42 lakh shares in the past one quarter. The stock hit a high of Rs 66.05 and a low of Rs 64.60 so far during the day. The stock hit a record high of Rs 89.40 on 25 July 2016. The stock hit a 52-week low of Rs 54.85 on 21 November 2016.

The stock had underperformed the market over the past one month till 11 April 2017, falling 1.31% compared with 2.91% rise in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 9.63% as against Sensexs 9.76% rise.

The small-cap liquor maker has equity capital of Rs 44.09 crore. Face value per share is Rs 10.

Pincon Spirit announced that its board of directors at a meeting held yesterday, 11 April 2017, approved a proposal to raise funds through issue of up to 57.06 lakh equity share warrants on preferential basis to Monoranjan Roy, Aptex Enterprises, K.D. Liquor & Fertilizer, Majestic Bottlers, Priya Purnima Credits, Westwell Iron & Steel, Maa Tarini Natural Resources, Sudarshan Commtrade, Ecospace Infotech and Pincers Commodities.

Net profit of Pincon Spirit rose 51.62% to Rs 9.34 crore on 31.38% rise in net sales to Rs 311.90 crore in Q3 December 2016 over Q3 December 2015.

Pincon Spirit is a liquor company. The company is engaged in carrying on the business of blending, bottling and wholesale distribution of Indian made foreign liquor (IMFL) and Indian made Indian liquor (IMIL). In the FMCG space, the company is engaged in the manufacture of edible oils.

Powered by Capital Market - Live News

IDBI Bank intimates of calling off of proposed one day strike
Apr 12,2017

IDBI Bank announced that the proposed one day nationwide strike on 12 April 2017 by United Forum of IDBI Officers and Employees in support of their demands has been called off.

Powered by Capital Market - Live News

Tata Power Company intimates of Supreme Court order on Compensatory Tariff matter for Mundra UMPP
Apr 12,2017

Tata Power Company announced that the Honble Supreme Court conveyed its judgment on the Compensatory Tariff matter on the Mundra UMPP.

The order verbally conveyed set aside the previous favourable order of Appellate Tribunal for Electricity which had allowed Compensatory Tarriff on account of Forced Majeure conditions in Indonesia. It did not mention about the use of Regulatory Powers of the Central Electricity Regulatory Commission in adjudicating Compensatory Tariff as per previous order.

The Company is studying the final order and will continue to pursue all alternative options at Coastal Gujarat Power, including sourcing of competitive coal from other relevant geographies as also use low grade and blended coal options to contain the onslaught of under recovery at Mundra UMPP.

Powered by Capital Market - Live News

Trident gets ratings for commercial paper
Apr 12,2017

Trident announced that India Ratings & Research has assigned ratings for commercial paper programme as under -

Commercial Paper (Rs 50 crore) - IND A1+

Powered by Capital Market - Live News

NBCC (India) gains on good order book of subsidiary
Apr 12,2017

The announcement was made after market hours yesterday, 11 April 2017.

Meanwhile, the S&P BSE Sensex was up 6.10 points, or 0.02% to 29,794.45.

On the BSE, 16,000 shares were traded in the counter so far, compared with average daily volumes of 2.53 lakh shares in the past one quarter. The stock had hit a high of Rs 184 and a low of Rs 182.05 so far during the day.

The stock hit a record high of Rs 199.57 on 5 October 2016. The stock hit a 52-week low of Rs 117.73 on 24 June 2016.

The stock had outperformed the market over the past one month till 11 April 2017, rising 6.22% compared with 2.91% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 0.53% as against Sensexs 9.76% rise.

The large-cap company has equity capital of Rs 180 crore. Face value per share is Rs 2.

NBCC (India) announced that its subsidiary, Hindustan Steelworks Construction (HSCL), as on 1 April 2017, had an order book of Rs 8000 crore (approximately). For the financial year 2015-2016, the companys total revenue and net profit was Rs 1416 crore (approximately) and Rs 30.19 crore respectively. Presently, HSCL is a debt free company.

On a consolidated basis, NBCC (India)s net profit rose 15.9% to Rs 64.42 crore on 4% increase in net sales to Rs 1413.77 crore in Q3 December 2016 over Q3 December 2015.

NBCC (India) is a blue-chip Government of India (GoI) Navratna Enterprise under the Ministry of Urban Development, in construction sector. The GoI held 75% stake in the firm (as per shareholding pattern as on 22 February 2017).

Powered by Capital Market - Live News

Grasim Industries in focus after ABNL merger approval
Apr 12,2017

Grasim Industries will be watched. The shareholders of Grasim, Aditya Birla Nuvo (ABNL) and Aditya Birla Financial Services (ABFSL) at their meetings held on 6 and 10 April 2017, respectively have approved the scheme of amalgamation of ABNL with Grasim followed by the demerger and listing of the financial services business, in line with the NCLT order and the Sebi requirements. The announcement was made after market hours yesterday, 11 April 2017.

Tech major Wipro said it has completed the acquisition of Brazilian IT service provider InfoSERVER. The impact of the buyout will reflect in the financials of the company from the Q1 June 2017, it added. In January this year, Wipro signed an agreement to acquire InfoSERVER, an IT service provider focused on the Brazilian market for $8.7 million. The announcement was made after market hours yesterday, 11 April 2017.

Tata Power Company will be in focus. The company announced after market hours yesterday, 11 April 2017, that the Supreme Court on Tuesday, 11 April 2017, conveyed its judgment on the Compensatory Tariff mailer on the Mundra Ultra Mega Power Projects (UMPP). The order verbally conveyed set aside the previous favourable order of Appellate Tribunal for Electricity (APTEL) which had allowed compensatory tariff on account of Forced Majeure conditions at Indonesia. It did not mention about the use of Regulatory Powers of the Central Electricity Regulatory Commission (CERC) in adjudicating compensatory tariff as per previous order. The final order has got uploaded in the evening and the company is studying the same. The company will continue to pursue all alternatives options at Coastal Gujarat Power (CGPL), including sourcing of competitive coal from other relevant geographies as also use low grade and blended coal options to contain the onslaught of under recovery at Mundra UMPP.

Reliance Industries (RIL) will be watched. RILs subsidiary, Reliance Jio Infocomm (Jio) announced that the Jio Summer Surprise has been fully withdrawn, following the advice of Telecom Regulatory authority of India (TRAI). Jio further announced new all unlimited plans with special benefits, exclusively for its Jio Prime members and aimed at encouraging Jio subscribers to live the Digital Life without restrictions - Jio Dhan Dhana Dhan! The plans start with the most affordable Rs. 309 all unlimited plan, which provides unlimited SMS, calling and data (1GB per day at 4G speed) for 3 months on first recharge. The company also announced the Rs 509 all unlimited plan for daily high data users offering unlimited SMS, calling and data (2GB per day at 4G speed) for 3 months on first recharge. The announcement was made after market hours yesterday, 11 April 2017.

Vedanta and Cairn India announced after market hours yesterday, 11 April 2017, that the merger of Cairn India with Vedanta pursuant to the scheme of arrangement has become effective. Thursday, 27 April 2017 has been fixed as the record date for determining the list of the shareholders of Cairn India to whom the equity and preference shares of Vedanta will be allotted as per terms of the scheme. Shareholders of Cairn India will receive, for each equity share held, one equity share in Vedanta of face value Rs 1 each and four 7.5% redeemable preference share (RPS) in Vedanta with a face value of Rs 10 each.

Cairn India shareholders as on said record date, who will become shareholders of Vedanta, would also receive an interim dividend of Rs 17.70 per equity share as approved by the board of Vedanta on 30 March 2017. No shares will be issued to Vedanta or any of its subsidiaries for their shareholding in Cairn India. Vedanta will arrange for a third-party facility enabling a cash exit for RPS holders at par within 30 days from issuance.

This merger consolidates Vedantas position as one of the worlds largest diversified natural resources companies, with world-class, low-cost assets in metals & mining and oil & gas. The merged company will have a larger pro forma market capitalisation of $15.60 billion, and higher free float of 49.9%.

NBCC (India) announced that its subsidiary, Hindustan Steelworks Construction (HSCL), as on 1 April 2017, had an order book of Rs 8000 crore (approximately). For the financial year 2015-2016, the companys total revenue and net profit was Rs 1416 crore (approximately) and Rs 30.19 crore respectively. Presently, HSCL is a debt free company. The announcement was made after market hours yesterday, 11 April 2017.

Jammu & Kashmir Bank said that its board will meet on Saturday, 15 April 2017 to consider preferential issue of equity shares for an amount of Rs 282 crore to the Government of Jammu & Kashmir, the promoter and majority shareholder of the bank. The board will also consider rising funds through allotment of unsecured, redeemable, subordinated, non convertible, Basel III Compliant Tier 2 Bonds in the nature of debentures/bonds aggregating to Rs 1000 crore. The announcement was made after market hours yesterday, 11 April 2017.

Pincon Spirit announced that its board at a meeting held on 11 April 2017, approved a proposal to raise funds through issue of up to 57.06 lakh equity share warrants on preferential basis to Monoranjan Roy, Aptex Enterprises, K.D. Liquor & Fertilizer, Majestic Bottlers, Priya Purnima Credits, Westwell Iron & Steel, Maa Tarini Natural Resources, Sudarshan Commtrade, Ecospace Infotech and Pincers Commodities. The announcement was made after market hours yesterday, 11 April 2017.

Fag Bearings India turns ex-dividend today, 12 April 2017, for dividend of Rs 12 per share for the year ended 31 December 2016.

KSB Pumps turns ex-dividend today, 12 April 2017, for dividend of Rs 5.50 per share for the year ended 31 December 2016.

Powered by Capital Market - Live News

Update on Scheme of Arrangement between Cairn India and Vedanta
Apr 11,2017

Cairn India and Vedanta announced on 11 April 2017 that the merger of Cairn India with Vedanta pursuant to the Scheme of Arrangement hasbecome effective.

27 April 2017 has been fixed as the Record date for determining the list of the shareholders of Cairn India to whom the equity and preference shares of Vedanta will be allotted as per terms of the Scheme. Shareholders of Cairn India will receive for each equityshare held:

-1 (One) equity share in Vedanta of face value Rs 1 each
- 4 (Four) 7.5% Redeemable Preference Share in Vedanta with a face value of Rs 10 each

Cairn India shareholders as on said Record Date, who will become shareholders of Vedanta, would also receive an interim dividend of Rs. 17.70 per equity share as approved by the Board of Vedanta on 30 March 2017.

No shares will be issued to Vedanta or any of its subsidiaries for their shareholding in Cairn India.

Vedanta will arrange for a third-party facility enabling a cash exit for RPS holders at par within 30 days from issuance.

Powered by Capital Market - Live News

Cera Sanitaryware issues Commercial Paper worth Rs 30 crore
Apr 11,2017

Cera Sanitaryware has issued Commercial Paper of Rs. 30 crore value dated 11 April 2017 having maturity on 28 September 2017. The said commercial paper is issued for the working capital requirements of the company.

Powered by Capital Market - Live News

Palred Technologies to invest Rs 30 crore in Palred Online Technologies
Apr 11,2017

Palred Technologies announced that its Board, in the Meeting held on 11 April 2017, approved investment of Rs 30 crore in its subsidiary Palred Online Technologies which owns and operates LatestOne.com - lndias largest e-tailer for mobile accessories.

Post this investment, LatestOne.com will be valued at Rs 225 crore. The actual cash infusion into LatestOne.com, post this round will be Rs 60 crore, making it one of the most capital efficient vertical focused e-tailers in the Country.

Powered by Capital Market - Live News