We all have one common desire, i.e. to become financially strong. But merely thinking about it is not sufficient; we have to work hard and take some action for achieving that desire. So, before moving towards it, we need to know what can help us to reach there. Everyone is aware that only money has the power of creating monies. Hence, the savings that we owe are the sources of reaching the financial goals and SIP - Systematic Investment Plan is the route for the same. What is SIP -
FMCG Sector: Q1 – FY 2017-18 was bad for the Indian FMCG sector. Almost all the companies have posted a weak set of numbers in the quarter. For the numbers, only 1 company out of 10 able to register positive improvements both in the Revenue as well as Profits in April to June quarter of 2017-18 as compared to the same period last year - rest 9 companies fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) Geopolitical conditions in the domestic as well as
PAINT Sector: Q1 - FY 2017-18 was bad for the India Paint sector. Click here to see Q4 Results. For the numbers, 4 companies out of 5 able to register improvements in the Revenue in April to June quarter of 2017-18 as compared to same period last year (1 fails to do so) while only 1 company able to register growth in Profits and 4 other fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) an upward trend in material prices which had an impact on
Apex Frozen Foods Limited - one of the integrated producer and exporter of shelf stable quality aquaculture products - is planning to raise Rs. 152.25 Crores via initial public offer (IPO). Apex Frozen Foods Limited - Company Profile Incorporated in the year 1995, Apex Frozen Foods Limited is in the business of produces and exports aquaculture products. Working Area & Distribution Network Apex Frozen Foods supply its ready-to-cook products to a diversified customer base
Company Background - History - Numeric Power Systems Limited has been incorporated as a Public Limited Company on 12th September 1994 and obtained the Certificate of Commencement of Business on 21st September 1994. From 2012 onwards the company is known as Swelect Energy Systems Limited. Business & Collaboration - The company manufactures UPS systems and have the largest number of installations in the country. The company has technical collaboration with M/s High-Performance Drives
Housing Finance Sector: Q1 (April - June 2017) was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. The government led actions with the mission of Housing for All by 2022 and Pradhan Mantri Awas Yojana along with Real Estate Regulatory Authority (RERA) Bill has induced substantial positivity in the sector especially from a long term perspective. For the numbers, the profits of the companies were UP in the range
TYRE Sector: Q1 was a challenging rather disappointing quarter for almost all the tyre manufacturers due to the GST impact and peak RM prices. Both these factors have hit tyre companies top-line and bottom-line badly. As far as numbers are concern, the profits of the companies were down in the range of 46% to 99%, while revenues were up marginally in the range between 2% to 7%. Market leader MRF has posted a decline in profits (drops by as many as 63% compared to previous quarter) while
The Reserve Bank of India (RBI) will meet on 1st and 2nd of August 2017 to review monetary policy. What to Expect From RBI MONETARY POLICY As the Reserve Bank of India (RBI) is all set to meet for its bi-monthly Monetary Policy in the first week of August 2017, the market participants have been wondering if RBI chooses to cut the benchmark interest rate. There seem to be numerous good factors for the interest rate cut. India CPI (Consumer Price Index) inflation data came down to 1.5% for