Equity
Pros and Cons of Credit Card
The Pro’s and Con’s of Getting a Credit Card
If you have been considering applying for a credit card, you may have already been shopping around for a cheap credit card. It is hard to miss out on stories in the media regarding consumers paying high interest rates and paying high annual fees on their credit cards. So by shopping around, you no doubt want to find a card with a low rate and preferably no annual fees. Before you continue shopping, though, you may want to consider if you do want a credit card after all as well as how you plan to use it if you do get one.
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Mistakes Mutual Fund Investors Must Avoid
Last few months have been difficult for equity investors in India and all around the world because of the rough weather and high volatility in the global as well as Indian markets. In times like this lot of investors, especially the lesser active ones, want to take advantage of the correction by investing in equity linked instruments like mutual funds. The decision of selecting mutual fund is based on sound underlying principles that it is a professionally managed, well diversified investment avenue to directly participate in the equity markets without worrying about timing the market.
In such difficult times we have to ask a few difficult questions to ourselves before committing our money to any mutual fund scheme. Here I give you three questions which you must contemplate on – More >
IPO Note – SRS LIMITED
I have generally observed that during a bear phase in the market, companies defer their fund raising plans. I was going through the IPO column of NSE and came across 3 companies. Two of them had already announced their plans however, one, SRS Limited’s IPO will open on August 23. I found this company a bit interesting and hence thought of doing some research on the same. Here is what I found.
Company and business
SRS Limited is a diversified company with a business portfolio which includes cinema exhibition, food & beverages, retail & manufacturing and retailing of jewellery. SRS Limited was incorporated in August 2000 with the objective of becoming a FMCG company. Initially it came as SRS Commercial Company Limited and was later renamed to SRS Entertainment Limited in January 2005. The retail arm of the group is consolidated under two brands namely SRS Value Bazaar and SRS Fashion Wear. The Company has 23 retail stores in North India. SRS cinema operates in six cities with 11 properties having 30 screens and 7608 seats. SRS Food court runs under the SRS 7 dayz brands under the name “Punjabi Haandi” which runs 11 food courts across north and Central India.
Trading as a Career
If you are considering a career in finance, as many fresh B.Com, BBA & MBA graduates do, and all you have found are placements in the Financial Services sector, then maybe you have not considered a very large area of finance – the Capital Market.
Opportunities in core finance careers in the Capital market are innumerable – ranging from analysis & trading of different asset classes to brokerage to investment banking & private equity. The jobs with no front end involvement are those of Analysts & Traders. Of them the most lucrative is that of a Trader.
Not many are aware, but trading can be pursued as a full time career and not as a mere part time investment opportunity.
Two factors which create significant opportunities for traders are Volumes on major exchanges across the asset classes viz equity, commodity and currencies, which have more than doubled in the last 2 years, and increased number of instruments and contracts available for trading in the Indian capital markets.
What kinds of Trading Careers are available?
There are many kinds of trading – starting at arbitrage & jobbing and escalating to Options & Multi-Asset trading with opportunities in Spreads, Options, Momentum & Technical Trading lying in between. With a market capitalization of over 67 Trillion rupees – and growing – there are great opportunities in the Indian Markets. Not many are aware, but trading can be pursued as a full time career and not as a mere part time investment opportunity.
Two factors which create significant opportunities for traders are Volumes on major exchanges across the asset classes viz equity, commodity and currencies, which have more than doubled in the last 2 years, and increased number of instruments and contracts available for trading in the Indian capital markets.
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Aanjaneya Lifecare Limited
Overview- Company and business
Aanjaneya Lifecare limited was incorporated in 2006. The company is a research based pharmaceutical company with manufacturing and marketing capabilities in APIs (Active Pharmaceutical Ingredients) mainly focus on anti-malarial and (Finished Dosage Forms) FDFs. Company is the largest manufacturers if quinine salts in the world. The company started its manufacturing activities in the year 2007. The company also have a small R&D block in Mahad, Maharashtra. Company have a product portfolio of Anti malarials, Animal Health Product and Anti-cancer. The manufacturing facilities have been approved by various regulatory authorities and are ISO 9001-2008 and WHO GMP certified.
Muthoot Finance- Follow up note
Muthoot Finance Limited, the second IPO in the year 2011 listed at a premium on debut on both NSE and BSE. At NSE Muthoot Finance Limited opened at Rs. 196.60, a premium of 12.34% against the issue price. The issue price was Rs. 175 a share. The script had touched the high price of Rs. 198.90 with a total turnover value of Rs. 1,067.4 crore. Subsequently it had touched an intraday low of Rs. 161.40. MFL finally closed at 172.40 on NSE registering a decline of 1.3% from the issue price. More >
Sanghvi Forging and Engineering Ltd
Overview- Company and business
Sanghvi Forging and Engineering Ltd is an ISO 9001-2008 certified company. The inception of the company was in 1990. It is a Vadodara based company. SFEL is engaged in manufacturing and marketing of forging product for the non-automotive sector. It manufactures stainless steel forged and Machine Subtends, Forged Flanges, Forged fitting and CNC Machined Forged parts for various industries oil & gas, fertilizers, power etc. The company also exports the products mainly at Europe, Middle East and Canada. The total installed capacity of forged flanges is 3600 MTPA. The company is an approved global vendor of General Electric (GE) and it has obtained an approval of Mazagaon Dock, a GOI enterprise manufacturing submarines and vessels for defence, and Kuwait National Petroleum Corporation.
Muthoot Finance IPO- Right Price, Right Opportunity, Right Time
Company and business
Muthoot finance Limited is Non-Banking Finance Company, headquarters in Southern India state of Kerala. MFL is a subsidiary of Muthoot Capital Service Ltd.
MFL provide personal and business loan secured by gold jewellery or gold loans to individuals particularly to whom loans are not available at all. Muthoot Group is into diversified business which includes hospitality, health care, media, education, information technology, foreign exchange, insurance distribution and money transfer service. The company also operates three windmills in the state of Tamil Nadu but the same forms a very small segment, about 0.23% of the total revenue.
About Gold financing
Gold Finance is a personal and business loan secured by gold jewellery, or gold loans to the the individuals who have the jewellery but unable to access loans in short period. There are several schemes varying from company to company. Gold Loan market is the fastest growing loan finance market. The market grew 46% CAGR over FY07-10 driven by expansion. Gold loan market is expected to rise at 40% over the next three years, based on competitive landscape and changes in the trends. It is also expected that the gold loan market will welcome enough opportunities for portfolio diversification and expansion and can yield huge margins to NBFC. Among loan product basket lending against gold is the most favourable retail loan product. Du-point analysis reveals that gold finance business generated – 4% ROA in the past five years in India. It is believed that gold finance sector continues to rise and yield good margins.
10 Commandments of Successful Investing
Let me unveil the 10 commandments of successful investing today. These commandments strictly followed can make you a successful investor; make you richer. The successful legendary investors like Benjamin graham, warren buffet have followed these principles. So why not you…?
Decide your investment strategy and stick to it:
An investor may invest in SIP and when the market continues to fall he will discontinue his SIP. But market crash is the right time to continue your SIP. Because, during the market crash you will get more number of units and the averaging works out in your favour.
Another investor may decide 50:50 as his debt:equity asset allocation ratio. When the market goes up he may want to invest more in equity and hence he may change his asset allocation to 30:70. Actually when the market goes up one need to reduce his equity exposure to bring the portfolio back to his predetermined asset allocation ratio. More >
