Kumar view

Himadri Speciality Chemical Ltd. is a small cap company with market cap of 5528 Cr. Himadri Speciality Chemical Ltd. stock price surge 1.5 % on Wednesday and closed at 127.85.   In a Press release They informed exchanged that  Himadri Speciality Chemical Ltd. has made an investment (in cash) of AUD 10.32 Million in Sicona Battery Technologies Pty Ltd (“Sicona”) for acquiring 12.79% shareholding in Sicona.  Sicona is a Sydney based battery-technology company which develops next generation battery materials technology used in the anodes (negative electrodes) of lithium-ion (“Li-ion”) batteries that enable electric-mobility and storage of renewable energy. Sicona is commercialising an innovative siliconcomposite battery anode materials technology, developed and perfected at the Australian Institute for Innovative Materials (AIIM). Sicona’s current generation silicon-composite anode technology delivers 50% to 100% higher capacity than conventional graphite anod...

The Indian government has recently disclosed significant details regarding the fiscal deficit for the financial year 2022-23. During this period, the fiscal deficit reached 6.4 percent of the country's GDP. The Ministry of Finance, in its revised estimate, aimed to maintain the same fiscal deficit target. These figures were derived from government data released on Wednesday. Notably, the fiscal deficit in FY23 amounted to Rs 17.33 lakh crore, approximately 98.7 percent of the budget estimate. To bridge this deficit, the government sought to borrow funds from the market. Budget Aligned with Expectations In FY2023, the fiscal deficit reached 98.7 percent of the estimated budget. Moreover, the revenue deficit accounted for 96.2 percent of the projected amount, while the primary deficit represented 98.8 percent of the budget estimate. Interest payments aligned with expectations at 98.7 percent of the budget estimate, and capital expenditure slightly exceeded projections at 101.2 percen...

  In the fast-paced world of stock trading, pharmaceutical companies often emerge as some of the most lucrative investment options. With their potential for groundbreaking medical advancements, expanding global reach, and ever-increasing demand for healthcare products, pharma stocks have become a favorite among investors. A small cap pharmaceutical  Stock  “Marksans Pharma” is grabbing investor attention. Marksans Pharma is engaged in the Business of Formulation of pharmaceutical products.   The stock price surge 7 % during today’s trading session and closed at 81.05 with an eye-catching traded volume of 18.93 M which is almost 7.5X the average volume of 10 days. Milestone   Since incorporation in 2001, Marksans Pharma has undergone various phases of transformation, consolidation, mergers and acquisitions. From its initial identity of being a wholly owned subsidiary of Glenmark Pharmaceuticals Ltd., the organization has grown from strength-to-strength t...

  Amidst the recession chaos in global Market, India looks like a safer bet in comparison for the foreign Investors and the benchmark index Nifty-50 performance in recent times supporting this feeling.   With the shareholding data for Q-4 FY-2023 release, sharing few stocks that have seen the highest rise in Foreign institutional investor (FII) Holdings. In this blog, will discuss the stocks that FII shown their interest in Q-4, with strong performance and which also outperformed Nifty-50 Index.   Equitas Small Finance Bank   Equitas Small Finance Bank saw the highest rise in FII holding, with an increase of 18.61% QoQ to reach 22.69% in Q4FY23. The bank’s stock price surged 17% over the past month, boosted by strong Q4FY23 results. Annual Revenue  rose 20.9%, in the last year to Rs 4,831.5 Crores. Its sector's average revenue growth for the last fiscal year was 9.4%. Annual Net Profit  rose 104.3% in the last year to Rs 573.6 Crores. Its...

  One of the most common Myth in investing is the idea that you must work with a financial advisor in order to make good investments. Perhaps this myth has persisted for so long, kudos to marketing endeavor of financial advisory firms . However, the reality is that investors who manage their own money are often able to perform better than those who work with a financial advisor. If you’re still in the dilemma about whether or not you need a financial advisor to be a successful investor or reach your financial goals, consider these points.   Advisor Never Try to Beat the Market Performance Financial advisors act more as a mentor, consistent guide, counselor helping each one of us set our financials goals, guiding us through tough times and persuading not to make emotional decisions. Beating market is not actually advisor job. You need to decide yourself if this mentoring service is worth paying 1% of the portfolio for every year. Financial Advisors Charge irre...

  While creating a long-term portfolio, it is very important to select financially strong companies that can bear ups and down and stand tall amidst all odd. While financial year 2023 was a tough year on account of high inflation, geopolitical tensions, rising interest rates, etc. some companies remained intact and went on to deliver their record performance in terms of revenues. Here are three Nifty-50 companies, that closed FY-23 with their highest respective revenue.   Reliance Industries Limited Reliance is a household name and no long-term portfolio of large caps can be completed without this giant stock. Reliance Industries Ltd is India’s largest company with a market capitalization of INR 1,695,959.05 crores and reported an all-time high revenue of INR 8,91,294 crores, which was a noticeable 24.1% YoY jump. This kind of growth is generally not seen in a mega-cap company. If you think that’s a one-time gain, the 5-year CAGR of revenue is also 20.4%. Reliance has ...

  “The MSCI Momentum Indexes are rebalanced on a semi-annual basis, usually as of the close of the last business day of May and November  coinciding with the May and November Semi-Annual Index Review (SAIR) of the MSCI Global Investable Market Indexes. “India’s Weightage is increased to 8.07% in the MSCI Index” In today’s blog, we will discuss the MSCI Rebalancing Index and how it affects Indian Stock Market: What is MSCI Index? In 1969 MSCI (Morgan Stanley Capital International) published the Developed Markets Index, which covers countries considered developed, such as the United States, Canada, and the United Kingdom. Emerging Markets also appeared in 1987 (Now one of the most popular and most visited indices) Index. The index currently covers 26 countries and includes over 1,400 stocks. India has also been included in the index since 1994.  MSCI weights each of these stocks in their respective indices based on  Market Cap  at the end of the trading day. M...

  Money making can motivate anyone and this is one of the major reason people start their journey of stock market trading. Your trading income is an essential part of your financial freedom and can inspire you to improve your trading. One of the most important question is “how much return one can realistically expect to make in first year of trading ?” is one of the most frequently asked question also. What Kind of Earnings Can You Expect from Stock Market Trading? When someone starts trading stock options, they often have unrealistic expectations because of trading-related movies and TV shows, anecdotal evidence from friends, and online “gurus” who have no track record or professional experience.   Starting your trading career with inflated hopes will inevitably result in failure and let you down. Better to face reality now than false promise.   I would say that a 20–25% return on investment would be a reasonable target. What do I Need to Know to Have a Succe...

Quarterly Result Alert: PCBL March 2023 (quarterly) income at INR 1,374 Cr Year on Year (YOY). Profit after Tax(PAT) INR.102 r vs 88 Cr YOY. Berger Paints March-2023  (Quarterly) Income INR. 2,444 Cr  Vs INR 2,188 Cr YOY.  Profit after Tax(PAT) INR.186 r vs  220 Cr YOY.  Skipper March-2023  (Quarterly) Income INR. 657 Cr  Vs INR 553 Cr YOY.  Profit after Tax(PAT) INR. 24r vs  25 Cr YOY.   Profit Before Tax (PBT)  at 33 Cr Vs 25 Cr. HIL Ltd  March-2023  (Quarterly) Income INR. 863 Cr  Vs INR 949 Cr YOY.  Profit after Tax(PAT) INR. 4.6 Cr vs  50.7 Cr YOY.  Asahi India Glass   March-2023  (Quarterly) Income INR. 1072 Cr  Vs INR 944 Cr YOY .  Profit after Tax(PAT) INR. 68 Cr vs  128  Cr YOY.  Tube Investment   March-2023  (Quarterly) Income INR. 3,778 Cr  Vs INR 3,393 Cr  YOY .  Profit after Tax(PAT) INR. 68 Cr vs  128  Cr YOY.