Blog about Financial Education, Advisory & Planning
Established in 1986, Mold-Tek Packaging Limited (MTPL) is the leader in rigid plastic packaging in India. It is involved in the manufacturing of injection molded containers for lubricants, paints, food and other products. MTPL has seven processing plants and three stock points spread across India to ensure faster supplies. It has a huge injection molding …
There has been a major sell-off in the Indian markets over the last month largely due to consistent selling by FPIs due to higher tax implication post budget. Thereafter the major topic of discussion has been how the government revoked article 370, which grants special status to Jammu & Kashmir on 5th August 2019. Ever …
RITES Ltd, incorporated in 1974, is a Miniratna (category–I) schedule ‘A’ public sector enterprise. It is a leading player in the transport consultancy and engineering sector in India with diversified services and geographical reach under one roof. RITES has an experience of over 44 years and have undertaken projects in over 55 countries including Asia, …
Finance Minister Nirmala Sitharaman, in the latest Union Budget, proposed to reduce the promoter holding of listed shares from the current 75% to 65%. SEBI is likely to examine the same. However, it is only a proposal for now. Even if implemented it is likely to be over a few years’ time & unlikely to …
Reduction in promoter holding- much ado about nothing Read More »
This being the first union budget under the new government & given the fiscal situation in India we are unlikely to see any major tax cuts or sops being given. The budget must clearly focus on giving the flagging economy a stimulus and increasing government spending. The new government must focus on reducing tax disputes, …
The NDA led by the BJP came back to power for the second term on 23rd May 2019, this time with a bigger mandate as the BJP on its own won in excess of 300 seats. NIFTY touched an all-time high of 12,103 while SENSEX touched a high of 40,312. Both the NIFTY & SEXSEX …
The widening spread between accrual funds’ YTM and repo rate offer an attractive entry at the moment. Based on valuations, sentiments and industry flows, accrual schemes make a good buy at this juncture. Historically we have seen that whenever the spread between YTM and repo rate has been high, accrual schemes have given good risk-adjusted returns …
Debt mutual funds, broadly, follow one of the two strategies. One type of fund aims to make money out of predicting interest rate movements. Accordingly, it will buy and sell securities to have a particular maturity date of the portfolio. This strategy is called duration strategy. The second type of fund aims to invest in …
Vesuvius India Ltd (VIL) is part of the Vesuvius Group of UK, a world leader in the molten metal flow engineering. Vesuvius, UK, holds 56% of VIL’s share capital. In India, VIL is the largest player in the steel flow control segment in the refractory industry with market share of about 50% and overall market …
All eyes will currently be on the outcome of the election results on 23rd May 2019. Markets have been volatile for the last month as 7 phase polling continues. Last month NIFTY touched an all-time high of 11,856 while SENSEX touched a high of 39,487. Historically it has been seen that election outcome turns out …
All eyes on election results- Who will cross the magic figure? Read More »