My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking

Result Updates | Jan 17th 2017

Infosys Ltd

CMP : 1,038Target Price : 1,249

The Q3FY2017 result of Infosys was better than expected on the EBIT and Net Profit fronts. The company posted a 1.4% sequential de-growth in USD revenues to US$2,551mn v/s US$2,561mn expected. On Constant Currency (CC) terms, de-growth was 0.3%. The volume growth during the quarter was 0.2% qoq. On EBIT front, the company reported an EBIT..

View As PDF

Result Updates | Jan 17th 2017

LIC Housing Finance Ltd

CMP : 532Target Price : 630

LICHF came out with a positive set of results for 3QFY2017 with the PAT growing by 19.2% yoy. While we were expecting moderation in business growth, due to demonetization, better result was possible backed by growth in non-retail segment. The core retail portfolio continues to be sluggish growing by less than 10%, however, other segments ..

View As PDF

Sort By

Result Updates | Jan 17th 2017

LIC Housing Finance Ltd

CMP : 532
Target Price : 630

LICHF came out with a positive set of results for 3QFY2017 with the PAT growing by 19.2% yoy. While we were expecting moderation in business growth, due to demonetization, better result was possible backed by growth in non-retail segment. The core retail portfolio continues to be sluggish growing by less than 10%, however, other segments ..

Result Updates | Jan 17th 2017

Infosys Ltd

CMP : 1,038
Target Price : 1,249

The Q3FY2017 result of Infosys was better than expected on the EBIT and Net Profit fronts. The company posted a 1.4% sequential de-growth in USD revenues to US$2,551mn v/s US$2,561mn expected. On Constant Currency (CC) terms, de-growth was 0.3%. The volume growth during the quarter was 0.2% qoq. On EBIT front, the company reported an EBIT..

Initiating Coverage | Jan 03rd 2017

Alkem Laboratories Ltd

CMP : 1,620
Target Price : 1,989

Alkem Laboratories is a Mumbai based pharma company engaged in manufacturing and marketing of generic drugs, APIs and neutraceutical products. Company sells its drugs in India and ~50 countries including the US. It has 16 manufacturing facilities of which 14 are in India and two in the USA. The stock at the CMP of Rs1,620 is available at ..

Initiating Coverage | Dec 30th 2016

KEI Industries Ltd

CMP : 124
Target Price : 153

KEI Industries (KEI) is a cable manufacturing company and also engaged in Engineering, Procurement and Construction (EPC) business. It offers high and low tension cables, control and instrumentation cables, house wires, stainless steel wires, and high-technology specialty cables. Its manufacturing facilities are located at Bhiwadi, Chopan..

Result Updates | Dec 05th 2016

T.V. Today Network Ltd

CMP : 315
Target Price : 385

TV Today Network (TTNL) reported a subdued set of numbers for 2QFY2017 with its consolidated top-line growing by ~5% yoy. On the operating front, the company reported margin contraction on account of higher selling & administrative expenses, which resulted in the de-growth of net profit by ~7% yoy. We expect TTNL to report a net reven..

Result Updates | Dec 02nd 2016

Navkar Corporation Ltd

CMP : 175
Target Price : 265

Navkar Corporation (NCL) reported a subdued set of numbers for 2QFY2017. The consolidated top-line grew by ~5% yoy; while on the operating front, the company reported a margin contraction on account of prolonged monsoons that resulted in higher operational costs. The net profit grew by ~4% yoy due to lower subdued sales and poor operating..

Result Updates | Dec 02nd 2016

Navkar Corporation Ltd

CMP : 175
Target Price : 265

Navkar Corporation (NCL) reported a subdued set of numbers for 2QFY2017. The consolidated top-line grew by ~5% yoy; while on the operating front, the company reported a margin contraction on account of prolonged monsoons that resulted in higher operational costs. The net profit grew by ~4% yoy due to lower subdued sales and poor operating..

Company Updates | Dec 01st 2016

Federal Bank Ltd

CMP : 71
Target Price : 85

In Q1FY17, the bank reported 19% loan growth, which further accelerated to 27% in Q2FY17, backed by 47% jump in corporate loan book. Retail loans also were strong. Gold loan, which had been under pressure and also saw degrowth in previous quarters, saw a comeback thus contributing to the growth. While the process of demonetization is like..

Initiating Coverage | Nov 28th 2016

Lakshmi Vilas Bank Ltd

CMP : 148
Target Price : 174

Lakshmi Vilas Bank (LVB) is a south based private sector bank with major business (50.2%) concentrated in the state of Tamil Nadu. As of FY16, LVB has a network of 460 branches and 910 ATMs, with business size of Rs45,250cr. LVB has beefed up teams with lateral hiring from banks & NBFCs and implemented innovative large scale technolog..

Result Updates | Nov 21st 2016

Siyaram Silk Mills Ltd

CMP : 1,187
Target Price : 1,605

Siyaram Silk Mills (SSML)’ results for 2QFY2017 have come in below our estimates, both on top-line and bottom-line front, on back of lower volume growth due to weak consumer buying sentiments. Going forward, we expect SSML to report net sales CAGR of ~10% to ~Rs1,948cr and adj. net profit CAGR of ~11% to Rs107cr over FY2016-18E. The same ..