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2024-04-12 10:19:55 *Personal Finance Rules Explained *

1. *Rule of 72 (Double Your Money)*

- Divide 72 by the interest rate to know how many years it takes to double your money.
- Example: At 8% interest, it takes 9 years.

2. *Rule of 114 (Triple)*

- Divide 114 by the interest rate to know how many years it takes to triple your money.
- Example: At 12% interest, it takes 9.5 years.

3. *Rule of 144 (Quadruple)*

- Divide 144 by the interest rate to know how many years it takes to quadruple your money.
- Example: At 12% interest, it takes 12 years.

4. *Rule of 70 (Inflation)*

- Divide 70 by the current inflation rate to find out when your investment's value will halve.
- Example: At 7% inflation, your money's value halves in 10 years.

5. *50-30-20 Rule: Allocation*

- Allocate your income into:
- 50% for Needs (Groceries, rent, EMI).
- 30% for Wants (Entertainment, vacations).
- 20% for Savings (Equity, MFs, FD).
- Aim to save at least 20% of your income.

6. *3X Emergency Rule*

- Keep at least 3 times your monthly income in an emergency fund.
- Consider having around 6 times your monthly income for added security.

7. *40% EMI Rule*

- Ensure your EMIs don't exceed 40% of your income.
- Example: If you earn Rs. 50,000 per month, keep EMIs under Rs. 20,000.

8. *Life Insurance Rule*

- Maintain a life insurance sum assured equivalent to 20 times your annual income.


Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-04-12 05:55:54 Top 10 Stocks to watch Today

TCS: The IT company is expected to present moderate figures for Q4FY24, driven by the acceleration of significant deal victories, despite the ongoing weakness in crucial international markets. The company will disclose its earnings for the March quarter on Friday, April 12. Industry experts estimate TCS's revenue growth to be in the lower single digits on a quarter-on-quarter (QoQ) basis in constant currency terms.

Vodafone Idea: The telecom major announced early Friday that it plans to initiate a Follow on Public Offer (FPO) of equity shares, aiming to raise up to ₹18,000 crore. The FPO is scheduled to commence next week. The FPO will be open for subscription from April 18 to April 22. Offers for anchor investors will be approved on April 16, as stated in the company's exchange filing.

Wipro: Wipro Ltd has announced the appointment of company veteran Malay Joshi as the chief executive officer of its largest and rapidly expanding market, Americas 1. Joshi will take over from the current CEO, Srinivas Pallia, who has been leading the unit since January 2021 until his recent promotion. Joshi, with nearly three decades of experience at the Bengaluru-based IT firm, will assume his new role immediately.

Tata Motors: On April 10, Tata Motors reported an impressive 8% rise in total global wholesales for the fourth quarter ending March 31, 2024, reaching 377,432 units, compared to the same period the previous year. The company's statement revealed that the global wholesales of its passenger vehicles, including electric vehicles, during Q4FY24 were at 155,651 units, representing a substantial 15% increase compared to Q4FY23.

Hindustan Unilever, Emami: The Calcutta High Court has issued a restraining order against Hindustan Unilever (HUL), prohibiting the use of the 'Glow & Handsome' mark for its men's care products. This follows a lawsuit filed by competitor Emami. HUL has been given a month to comply with the order, which was issued on April 9.

Larsen & Toubro: Edelweiss Alternatives-backed platform Infrastructure Yield Plus strategy has successfully acquired a 100% stake in L&T Infrastructure Development Projects Ltd (L&TIDPL), previously held by Larsen & Toubro (51%) and Canada Pension Plan Investment Board (CPP Investments) (49%).

Adani Total Gas: Adani TotalEnergies E-Mobility, a subsidiary of Adani Total Gas, and MG Motor India have entered into a Memorandum of Understanding (MoU) to enhance India's EV charging infrastructure. This joint initiative aims to develop charging solutions for electric vehicles (EVs) and offer value-added services to MG's EV customers across the country, thereby supporting the growth of India's rapidly evolving EV ecosystem.

Metropolis Healthcare: The medical diagnostics company on April 10 said it has delivered a 10% year-on-year increase in overall revenue. The core business revenue witnessed even stronger growth, surging by 15% compared to the previous year. Its Q4FY24 sales volume increased 8% year-on-and Revenue Per Patient (RPP) increased 7% YoY.

Computer Age Management Services: The mutual fund transfer agency announced to the stock exchanges on April 10 that it has been authorized by the Reserve Bank of India (RBI) to function as an online payment aggregator. The company had initially received an in-principle authorization from the RBI in February 2023, as per the company's statement.

Signature Global: The real estate company saw a 6% rise in its net debt to ₹1,160 crore in the last fiscal year, up from ₹1,090 crore in FY23. This increase was primarily due to land purchases for housing project development. The company announced on Sunday that its sales bookings had more than doubled to ₹7,270 crore in 2023-24, up from ₹3,430 crore in the previous fiscal year.
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2024-04-11 16:11:08

ओपन / कमेंट

2024-04-10 11:35:16 Result Season Special

Stay Calm After Results:

- Don't react hastily to good or bad news.
- Avoid impulsive actions driven by excitement or fear.

Patience Pays Off:

- Look for optimal entry and exit points in the next three months after the results, you can find better option.


Hold onto Quality Stocks:

- Accumulate promising stocks steadily in every dip.
- When they start to climb, resist the temptation to sell too soon.

Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-04-10 11:34:49 Some instances have been observed where people have allocated a large amount of funds to a single small-cap stock, which is now experiencing continuous decline.

This is a painful situation for investors and can be avoided

Here are some key points for investors:

- Never allocate more than 15% of your entire portfolio to any single stock.

- Avoid allocating funds without proper research.

- Pay attention to cash flow and Return on Equity (ROE).

- If investing in small-cap stocks, be cautious of stocks with a PE ratio above 20, especially if the market cap is less than 500 crores.

- Always read the annual report of the company to understand its growth plan.

These guidelines emphasize diversification, research, financial metrics, and understanding the growth strategy of the invested companies.


Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-04-10 05:49:39 Top 10 Stocks to watch Today

Paytm: One97 Communications, parent company of Paytm, saw its UPI market share fall to 9 percent in March, as per NPCI data. This is the lowest it has been in the last four years. This downturn is linked to the regulatory constraints placed on its associate, Paytm Payments Bank Limited (PPBL), by the Reserve Bank of India (RBI).

Godrej Properties: The Real Estate Regulatory Authority in Gurugram has denied the extension application for the Godrej Air Phase 4 project, a group housing project being developed by Godrej Properties in Sector 85, Gurugram. The rejection was due to persistent non-compliance with the Real Estate (Regulations & Development) Act 2016.

RattanIndia Power: Ankur Mitra has stepped down from his role as the Chief Financial Officer (CFO) and key managerial personnel of the company, effective from April 9. On the same date, the board has named Manish Ratnakar Chitnis as the new CFO.

Aditya Birla Fashion and Retail: The company has established a new entity, Aditya Birla Lifestyle Brands to facilitate the proposed separation of the Madura Fashion and lifestyle businesses from the parent company, as announced earlier.

IndusInd Bank: IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, has entered into a definitive agreement with Invesco India Asset Management to establish a joint venture. As part of this agreement, IIHL will secure a 60 percent stake in Invesco India Asset Management, while Invesco Limited will maintain a 40 percent stake in the newly created joint venture.

Protean eGov Technologies: The IT-enabled solutions company is reportedly preparing to initiate a Qualified Institutional Placement (QIP), according to informed sources. The QIP offering is set to include a base issue size of ₹170 crore along with a green shoe option of ₹75 crore, reported CNBC-TV18. Equirus has been selected as the banker for the transaction.

ICICI Lombard General Insurance, PB Fintech: On April 9, the general insurance company announced its strategic alliance with Policybazaar, a digital insurance platform. This collaboration aims to combine ICICI Lombard's diverse product portfolio with Policybazaar's extensive reach, to offer accessible insurance solutions to approximately 1 crore customers.

Lupin: The pharmaceutical firm has introduced its inaugural generic variant of Oracea (Doxycycline capsules, 40 mg) in the United States, following the receipt of approval from the United States Food and Drug Administration (US FDA).

Shyam Metalics and Energy: The metals manufacturing firm has revealed plans to set up a new facility for the production of stainless steel hot rolled coils (HRC) at its existing plant in Sambalpur, Odisha with an investment of ₹650 to ₹750 crore, the company said in an exchange filing on April 9.

Exide Industries: The battery manufacturer announced on Tuesday that it has purchased a 26% stake in Clean Max Arcadia Private Ltd for ₹5.34 crore. Exide disclosed in a regulatory filing that it has entered into an agreement to acquire this stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) established and promoted by Clean Max Enviro Energy Solutions Pvt Ltd for the production and supply of solar power, with an aim to become a captive consumer of solar power.

Patel Engineering: The Mumbai-based EPC firm anticipates that its order book will increase to approximately ₹25,000 crore in FY25, up from ₹19,134 crore as of December 2023 (Q3FY24), according to the company's CFO, Kavita Shirvaikar, reported Moneycontrol.

PB Fintech: On April 9, PB Fintech, the parent company of Policybazaar, a digital insurance platform, declared the setting up of its fully-owned subsidiary, PB Pay. The incorporation of PB Pay, established to operate as a payment aggregator, was approved by the promoter of PB Fintech last month, with a paid-up capital of ₹27 crore.
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2024-04-09 06:10:04 Top 10 Stocks to watch Today

Axis Bank: Over six years after its entry into Axis Bank, US private equity giant Bain Capital is preparing for a full exit from the private sector lender. The firm plans to dilute its remaining stake and initiate a new block deal worth approximately $430 million, according to three informed sources. Entities associated with Bain Capital have launched the block deal, which is intended to be a clean-up trade, signifying Bain Capital's complete exit, one of the sources mentioned.

Tata Motors: On April 8, Tata Motors said that the retail sales of Jaguar Land Rover had risen by 11% YoY to 114,038 units in the fourth quarter of FY24, a surge attributed to increased production and consistent global demand. The company's exchange filing revealed that compared to the previous year, retail sales during the quarter increased by 32% in the UK, 21% in North America, and 16% overseas. However, sales in China decreased by 9%, and in Europe, it fell by 2%.

Gland Pharma: Two companies, Nicomac Machinery and RP Advisory Services, linked to Dr. Ravi Penmetsa, the ex-promoter of Gland Pharma, have initiated a block deal to sell a portion of their stake in the pharmaceutical company. The deal is valued at approximately $150 million, with an option to increase, according to three individuals familiar with the matter.

Prestige Group: In FY24, Prestige Group set an industry record by achieving home sales worth ₹21,040 crore, amidst a housing boom in India. The Bengaluru-based company announced on Monday that its sales in FY24 represented a 63% YoY increase, up from ₹12,931 crore in FY23. The achievement of over ₹20,000 crore in sales sets a new standard not just for Prestige Group, but for the entire real estate sector.

Dilip Buildcon: The company disclosed on Monday that it has been awarded a contract from the Haryana Rail Infrastructure Development Corporation Limited, involving the construction of railway lines in Haryana. The contract, valued at ₹1,092.46 crore, encompasses the design and construction of a 21.14 km railway line stretching from Prithla to Dhulawat in Haryana.

Lupin: Pharmaceutical company Lupin announced on Monday that it has secured approval from the US Food and Drug Administration (USFDA) to sell a generic drug designed to treat involuntary movements resulting from tardive dyskinesia. The firm stated that it has been authorized to market Valbenazine Capsules in dosages of 40 mg and 80 mg.

RBL Bank: Citigroup Global Markets Mauritius, a foreign investor, has acquired 66.97 lakh equity shares in RBL Bank. This purchase, made through open market transactions, represents 1.11 percent of the bank's total paid-up equity. The average price per share was ₹255.4, bringing the total transaction value to ₹171.04 crore.

Sula Vineyards: The wine producer announced on April 8 that it had achieved record-breaking revenue in both the March quarter and the FY24, with a YoY growth of 10% in each case, according to an exchange filing. The company's premium brands also saw robust performance, registering a 15% YoY growth in both the reported quarter and year.

Jana Small Finance Bank: On Monday, April 8, Jana Small Finance Bank announced the resignation of its Chief Operating Officer, Rajesh Rao, which will take effect from July 5, 2024. Rao, a Senior Management Personnel of the bank, submitted his resignation on April 8, 2024, expressing his intent to enroll in a part-time PhD program at XLRI, Jamshedpur.

Shilpa Medicare: The company's board has given the green light for the Qualified Institutional Placement (QIP) of the company's equity shares to raise up to ₹500 crore. The floor price for the QIP has been established at ₹477.33 per share, while the issue would opened on April 8.
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2024-04-08 11:28:09 ओपन / कमेंट

2024-04-08 11:27:58 New Record on Dalal Street :

India's market cap surpasses ₹400 lakh crore, marking a significant milestone.

Rapid Growth :

The market cap of all listed stocks on BSE reached ₹400 Lakh Crore from ₹300 Lakh Crore in just 9 months.

India's market cap crossed ₹50 lakh crore in 2007,
₹100 lakh crore in 2014, and
₹200 lakh crore in February 2021.

PSU stocks have been top performers, doubling in value in the past 12 months due to government initiatives and investor confidence.

Small and midcap stocks witnessed substantial gains, with Nifty Microcap 250 index rallying nearly 93%, Nifty Smallcap100 80%, and Nifty Midcap100 66%.

Expert Insights :

Experts suggest that changing macroeconomic expectations and global market conditions will continue to support India's equity markets.

Future Triggers:

Market performance will be influenced by central bank rate actions, election outcomes, and corporate earnings.

GDP Outlook :

India's GDP is projected to exceed $4 trillion in FY25/26 and $8 trillion by FY34, indicating sustained economic growth.


Retail Participation :

Domestic retail investors have surged, with demat accounts reaching 151 million in March 2024 from 36 million in March 2019.

Retail investors shifting their savings to equities contributed to this growth, with BSE's market cap increasing by ₹100 Lakh Crore.

India mkt cap~400 lac crore
FII holdings ~64 lac cr

FII ownership ~16% lowest since 2008

Despite FII reducing India stake for 3 yrs, mkts made a new high.

Power of Retail Participation


Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-04-08 05:51:46 Top 10 Stocks to watch Today

Wipro: Thierry Delaporte, the CEO and MD of Wipro, has stepped down from his role, as announced in a regulatory filing by the company on April 6. His term as CEO was originally set to conclude in July 2025, but it was prematurely ended with his resignation announced late on Saturday. Delaporte will be officially relieved of his CEO duties from May 31, 2024.

Larsen and Toubro: L&T Defence, the defence equipment arm of Larsen and Toubro, plans to expand into the production of non-military equipment and infrastructure. This strategy aims to optimize the use of its assets while the company anticipates securing larger defence contracts.

Adani Green Energy: The company has announced plans to invest approximately ₹1.5 trillion by 2030 to establish the world's largest renewable energy plant at the Khavda renewable energy park in Gujarat. This plant, with a capacity of 30 gigawatts, was revealed by the company's head, Vneet Jaain, during a media interaction on Saturday.

Vodafone Idea: The board of Vodafone Idea has given the green light for the allocation of shares valued at ₹2,075 crore to Oriana Investments Pte. Ltd, an Aditya Birla group entity, on a preferential basis. The shares will be issued at ₹14.87 each, which is higher than the closing price of ₹13.36 on the BSE on Friday.

JSW Energy: JSW Energy has successfully concluded its Qualified Institutions Placement (QIP) worth ₹5,000 crore, attracting significant interest from prominent global long-only investors, domestic mutual funds, and insurance companies, as stated in an exchange filing on April 5.

Indiabulls Real Estate: Indiabulls Real Estate announced on Friday that its board has sanctioned a fundraise of ₹3,911 crore via the issue of shares and warrants to investors, which include the Blackstone Group and the Embassy Group. The global investment firm Blackstone will contribute ₹1,235 crore, while the Embassy Group, based in Bengaluru, will inject ₹1,160 crore.

Info Edge: On April 7, Info Edge disclosed its Q4 business update for FY24. The firm witnessed a 5.48% YoY increase in its standalone billings for Q4 FY24, amounting to ₹2,495.9 crore, a rise from ₹2,366.3 crore during the same period the previous year.

Titan: The company reported a 17 percent year-on-year (YoY) increase in revenue for the fourth quarter of FY24, according to a preliminary update released on April 5. During this quarter, the company expanded its retail presence by adding 86 new stores, bringing the total number of outlets across the country to 3,035.

Adani Wilmar: The company reported a double-digit expansion in its edible oil and food business sectors, driven by an increase in retail involvement and a focus on under-indexed markets in the quarter ending March 31, according to a preliminary update released on April 5.

Zee Entertainment and Enterprises: On April 5, ZEEL announced that its Managing Director and CEO, Punit Goenka, has proposed a lean and efficient management structure to the board. This proposal aligns with his strategic plan aimed at achieving the company's targeted objectives.

Cochin Shipyard: On April 6, Cochin Shipyard announced its signing of the Master Shipyard Repair Agreement (MSRA) with the United States Navy. The company qualified for the MSRA following a comprehensive evaluation and capability assessment by the US Navy's Military Sealift Command, as stated in a regulatory filing.

United Breweries: The company disclosed on Friday, April 5, that the Maharashtra State Goods & Service Tax (GST) Department has levied a tax demand of ₹263.72 crore on it. As per a regulatory disclosure, the GST department issued an order imposing an extra tax of ₹119.8 crore, interest of ₹115 crore, and a penalty of ₹28.8 crore, totaling ₹263.7 crore for the fiscal year 2020.
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