SHAREWAY SECURITIES LIMITED: SME - IPO HIGHLIGHTS

SHAREWAY SECURITIES LIMITED: SME - IPO HIGHLIGHTS


SHAREWAY SECURITIES LIMITED
SME-IPO HIGHLIGHTS

Issue opens on: 24.Mar.2015 Issue closes on: 31.Mar.2015

Company Profile:

Shareway Securities Limited, an emerging Financial Services Company, was incorporated in the year 2008 with an intention to become a market leader in offering broking services on Equity, F&O and Currency derivatives segment. The company through its resourceful business setup initially focused on pro-trading and on managing the Group Company's investments, on successful fund management strategies the company synergized its efforts on business expansion and started focusing on providing customized services to the high-net worth investors and to the premium corporate clients. On achieving a prominent status in the industry the company extended its business operations in offering a valued retail broking services with superior trading platform and thus it holds a huge customer base that are loyal and delightful on their associateship with Shareway.

Shareway is a part of a business group in manufacturing, financial services, equipment manufacturing, etc., and has been in business since 1974. The Company is managed by the Chairman cum Managing Director, Mr. Murali Kabirdass and the Executive Director Mr. Krishnamoorthy who is veteran in the financial markets and have steered the growth of the Company. The business philosophy of Shareway is always customer oriented and the services are offered under total confidentiality and integrity with the sole purpose of maximizing returns to clients.

Credentials of Shareway!

• Experienced Research team
• Superior trading platform
• Huge customer base
• Equipped infra-structure
• Updated systems networking

Objects of the Issue:


Particulars
Amount (Rs. Lacs)
1
Obtaining Membership of BSE Limited
100.00
2
Expanding our domestic operations and network of branches
100.00
3
Enhancement of margin money maintained with the exchanges
200.00
4
General corporate purposes
49.80
5
Public Issue Expenses
50.00
Total
499.80

Financial Performance of Shareway:



Particulars


30.09.14


31.03.14


31.03.13


31.03.12


31.03.11


31.03.10


Income


Income from Operations


18.06


53.9


10.69


16.9


20.44


26.2


Other Income


0.34


10.03


11.89


2.3


9.9


2.12


Total Income


18.4


63.93


22.58


19.2


30.34


28.32


Expenditure


Cost of Goods Sold


0


0


0


0


0


0


Employee Benefit & Admin Expenses


5.72


10.43


2.51


51.59


27.05


31.64


Other Expenses


9.85


41.74


11.23


27.37


39.69


53.92


Total (B)


15.57


52.17


13.74


78.96


66.74


85.56


Profit Before Interest, Depreciation and Tax


2.83


11.76


8.84


-59.76


-36.4


-57.24


Depreciation


2.34


4.02


3.92


5.45


6.64


8.48


Profit Before Interest and Tax


0.49


7.74


4.92


-65.21


-43.04


-65.72


Financial Charges


0


0


0


0


0


0.02


Profit before Taxation


0.49


7.74


4.92


-65.21


-43.04


-65.7


Provision for Taxation


0


0


0


0


0


0


Provision for Deferred Tax


0.7


0.51


0.61


0.78


0.92


1.32


Total


0.7


0.51


0.61


0.78


0.92


1.32


Profit After Tax


0.21


8.25


4.31


-65.99


-43.95


-67.03


Net Worth


190


254


431


118


116


158


EPS (Rs.)


0


0.2


0.12


-3.59


-2.4


-3.66


Prospects of the Issue:




Equity Shares Offered:

Fresh Issue of Equity Shares by our Company



Issue of 35,70,000 Equity Shares of Rs. 10 each at a price of Rs. 14 per Equity Share aggregating Rs.499.80 Lacs.


Of Which





Issue Reserved for the Market Makers



1,90,000 Equity Shares of Rs. 10/- each at a price of Rs. 14 per Equity Share aggregating Rs. 26.60 Lacs.



Net Issue to the Public



33,80,000 Equity Shares of Rs. 10 each at a price of Rs. 14 per Equity Share aggregating Rs. 473.20 Lacs.



Equity Shares outstanding prior to the Issue



60,00,000 Equity Shares of face value of Rs. 10 each.



Equity Shares outstanding after the Issue



95,70,000 Equity Shares of face value of Rs. 10 each.


Schedule for Issue Programme:



Issue opens on:


24.Mar.2015


Issue closes on:


31.Mar.2015

Indian FX/debt factors to watch - 02.01.2015

GLOBAL MARKETS ROUNDUP
* The euro started the new year at 29-month lows in Asia
after the head of the European Central Bank fanned expectations
it would take bolder steps on stimulus this month, underlining
the U.S. dollar's rate advantage.
* U.S. crude futures hit $55.11 a barrel before
easing to around $54.25 a barrel on the first trading day of
2015 in Asia, supported by a larger-than-expected fall in U.S.
crude stocks, though China's lacklustre economic data capped
gains.

LOCAL MARKETS PREVIOUS CLOSE
* BSE index 27,507.54 (up 0.03 pct)
* NSE index 8,284.00 (up 0.02 pct)
* Rupee 63.35/36 per dlr (63.03/04)
* 10-year bond yield 7.88 pct (7.86 pct)
* 5-year OIS rate 7.22 pct (7.19 pct)
* 1-year OIS rate 7.78 pct (7.76 pct)
* Call money 7.00/7.05 pct (8.95/9.00 pct)

FACTORS TO WATCH
* India Finance Minister Arun Jaitley, along with Prime m
Minister Narendra Modi and Reserve Bank of India Governor
Raghuram Rajan, to meet bank chiefs on need for reforms
* India manufacturing PMI data at 0500 GMT
* India weekly foreign reserves data at 1130 GMT

OVERNIGHT NEWS
* India on Thursday raised factory gate duties on petrol and
diesel by 2 rupees ($0.03) a litre to fund infrastructure
projects in the current and next fiscal years.
* India has scrapped its 65-year-old Planning Commission,
which Prime Minister Narendra Modi has accused of stifling
growth with Soviet-style bureaucracy, replacing it on Thursday
with a body he said would do more to involve the regions.


FII INVESTMENTS-EQUITIES (Net dollars)
Jan. 01* $2.87 mln
Month-to-date** $87.64 mln
Year-to-date** $87.64 mln
* Provisional NSE data
** Source: Data as per latest custodial filing as on Jan. 01
on NSDL's website.

FII INVESTMENTS-DEBT (Net Dollars) Debt
Jan. 01* -$10.58 mln
Month-to-date -$10.58 mln
Year-to-date -$10.58 mln
* Source: Data as per latest custodial filing as on Jan. 01
on NSDL's website, Reuters calculation

GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)
Jan. 01
Foreign Banks -0.20 bln
Public Sector Banks 24.64 bln
Private Sector Banks -4.84 bln
Mutual Funds -5.02 bln
Others 5.49 bln
Primary Dealers -20.06 bln

INFLOWS
===========================================================
Instrument Payment Date Amount
(mln rupees)
===========================================================
8.83% FRB 2015 Interest Jan 02 2649.00
12.30% 2016 Interest Jan 02 8074.86
9.11% FRB 2017 Interest Jan 02 1366.50
6.25% 2018 Interest Jan 02 5277.13
5.64% 2019 Interest Jan 02 2820.00
6.35% 2020 Interest Jan 02 19367.50
8.30% 2040 Interest Jan 02 34860.00
SDL 07.93%, 2023 Interest Jan 03 87.23
(2 States)
SDL 07.94%, 2023 Interest Jan 03 198.50
(RAJASTHAN)
SDL 07.95%, 2023 Interest Jan 03 1391.25
(2 States)
SDL 07.98%, 2023 Interest Jan 03 877.80
(3 States)
SDL 08.02%, 2023 Interest Jan 03 280.70
(CHATTISGARH)
8.07% JUL 2017 Interest Jan 03 20175.00
===========================================================
For the monthly inflows see:
===========================================================

ISSUANCES
Bonds auction 140 bln rupees

LIQUIDITY
* The Reserve Bank of India said on Thursday it accepted all
55 bids for 216.62 billion rupees ($3.42 billion) at its one-day
repo auction, through which it injects liquidity into the
banking system.
* Indian banks' refinancing with RBI rises to 98.17 billion
rupees.
* Indian banks' cash balances with RBI rise to 3.46 trillion
rupees.

Free Mcxsx Currency Tips, 1st Session: 1.Jan.2015

CURRENCY TRADING TIPS - RUPEEDESK

( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )

9:04 AM : Buy USDINR (JAN) SA 63.65 SL 63.54 Target 63.75 / 63.83 / 63.91
9:04 AM : Sell USDINR (JAN) SB 63.49 SL 63.60 Target 63.39 / 63.31 / 63.23
USDINR (JAN) : INTRADAY TREND : DOWN SL : 63.61

9:04 AM : Buy EURINR (JAN) SA 77.02 SL 76.91 Target 77.12 / 77.20 / 77.28
9:04 AM : Sell EURINR (JAN) SB 76.86 SL 76.97 Target 76.76 / 76.68 / 76.60
EURINR (JAN) : INTRADAY TREND : DOWN SL : 77.23

9:04 AM : Buy GBPINR (JAN) SA 98.93 SL 98.82 Target 99.03 / 99.11 / 99.19
9:04 AM : Sell GBPINR (JAN) SB 98.77 SL 98.88 Target 98.67 / 98.59 / 98.51
GBPINR (JAN) : INTRADAY TREND : DOWN SL : 99.08

9:04 AM : Buy JPYINR (JAN) SA 52.88 SL 52.77 Target 52.98 / 53.06 / 53.14
9:04 AM : Sell JPYINR (JAN) SB 52.72 SL 52.83 Target 52.62 / 52.54 / 52.46
JPYINR (JAN) : INTRADAY TREND : DOWN SL : 53.29
***********************************************************************************
USDINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 63.33 / 63.22 / 63.02 . And the upperside, it has Strong Resistance @ 63.54 upperside, it may test Resistance Levels such as 63.64 / 63.85 / 63.95 . Currently USDINR is Trading @ 63.44

EURINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.93 / 76.77 / 76.48 . And the upperside, it has Strong Resistance @ 77.22 upperside, it may test Resistance Levels such as 77.37 / 77.66 / 77.82 . Currently EURINR is Trading @ 77.08

GBPINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.72 / 98.57 / 98.32 . And the upperside, it has Strong Resistance @ 98.96 upperside, it may test Resistance Levels such as 99.12 / 99.36 / 99.51 . Currently GBPINR is Trading @ 98.87

JPYINR ( 28-Jan-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 53.40 / 53.61 / 53.77 . And the lower side , it has Strong Support @ 53.24 downside, it may tank to near support Levels such as 53.04 / 52.88 / 52.67 . Currently JPYINR is Trading @ 53.19

Benefits of trading in Currency Derivatives in india

What are the benefits of trading in Currency Derivatives

Currency Derivatives are very efficient risk management instruments and you can derive the below benefits:


i. Hedging: You can protect your foreign exchange exposure in business and hedge potential losses by taking appropriate positions in the same. For e.g. If you are an importer, and have USD payments to make at a future date, you can hedge your foreign exchange exposure by buying USDINR and fixing your pay out rate today. You would hedge if you were of the view that USDINR was going to depreciate. Similarly it would give hedging opportunities to Exporters to hedge thier future receivables, Borrowers to hedge foreign currency (FCY) loans for interest and principal payments, Resident Indians, who can hedge their offshore investments.

ii. Speculation: You can speculate on the short term movement of the markets by using Currency Futures. For e.g. If you expect oil prices to rise and impact India's import bill, you would buy USDINR in expectation that the INR would depreciate. Alternatively if you believed that strong exports from the IT sector, combined with strong FII flows will translate to INR appreciation you would sell USDINR.

iii. Arbitrage: You can make profits by taking advantage of the exchange rates of the currency in different markets and different exchanges.

iv. Leverage: You can trade in the currency derivatives by just paying a % value called the margin amount instead of the full traded value.

SUCCESS IN CURRENCY CORPORATE PACK TODAY: 31.Dec.2014

* JPYINR ACHIEVED OUR FIRST TARGET (Profit 10 Paise)
* USDINR ACHIEVED OUR SECOND TARGET (Profit 17 Paise)


Now Receive Our Tips Instantly on 'WHATS APP & YAHOO CHAT'

FOR FREE TRIAL CLICK HERE TO REGISTER: http://rupeedesk.in/rupeedeskfree-calls

(COMMODITY*COMMODITY MINI*EQUITY*FUTURES*OPTION*CURRENCY*INTERNATIONAL FOREX)

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SUCCESS IN CURRENCY CORPORATE PACK TODAY: 30.Dec.2014

Intraday Levels for 31.12.2014
USDINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 63.59 / 63.44 / 63.16 . And the upperside, it has Strong Resistance @ 63.88 upperside, it may test Resistance Levels such as 64.03 / 64.31 / 64.47 . Currently USDINR is Trading @ 63.75

EURINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 77.30 / 77.11 / 76.78 . And the upperside, it has Strong Resistance @ 77.63 upperside, it may test Resistance Levels such as 77.82 / 78.15 / 78.35 . Currently EURINR is Trading @ 77.50


GBPINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.71 / 98.47 / 98.03 . And the upperside, it has Strong Resistance @ 99.15 upperside, it may test Resistance Levels such as 99.39 / 99.83 / 100.07 . Currently GBPINR is Trading @ 98.95


SUCCESS IN CURRENCY CORPORATE PACK TODAY: 30.Dec.2014

* USDINR ACHIEVED OUR TRIPLE TARGETS (Profit 28 Paise)
* GBPINR ACHIEVED OUR TRIPLE TARGETS (Profit 30 Paise)
* JPYINR ACHIEVED OUR DOUBLE TARGETS (Profit 20 Paise) 

Now Receive Our Tips Instantly on 'WHATS APP & YAHOO CHAT'

FOR FREE TRIAL CLICK HERE TO REGISTER: http://rupeedesk.in/rupeedeskfree-calls

(COMMODITY*COMMODITY MINI*EQUITY*FUTURES*OPTION*CURRENCY*INTERNATIONAL FOREX)

Add Yahoo Chat id: rupeedesk@yahoo.com to receive our Tips Instantly.

Contact: 09094047040 / 09841986753 / 044-24333577

JPYINR ( 28-Jan-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 53.13 / 52.94 / 52.65 . And the upperside, it has Strong Resistance @ 53.42 upperside, it may test Resistance Levels such as 53.62 / 53.91 / 54.10 . Currently JPYINR is Trading @ 53.32

Fresher or New comer to share market Trading

Fresher or New comer to share market Trading

For some people it takes weeks and months and even years to decide whether to enter into Share market business or not because of following reasons.

i) The share market is considered to be only for brokers and highly experienced professional so common people stays away from it.
ii) Still most of the Indians consider the Share market is risky and money loser business/job.
iii) Lack of awareness due to absence of advertisement.
iv) Lack of training and guidance.
v) The last but not least that people think that share market requires lot of capital to invest or to trade.

Likewise there are lots of rumors which keep most of the people away from Share market. But the truth is like any other business/job, the share market also requires knowledge and experience.

As every field requires knowledge and experience to get success likewise is the share market.

 

http://rupeedesk.in/stock-market-training

 

Share Market Training for Stock Market Business Opportunity

Stock Market Business Opportunity  and share market training

 

Are you working towards a better life for you and your family?

 

 Are you in control of your future?

 

 Are you getting the rewards your hard work deserves?

 

Your life doesn't have to be a trade-off between making the money

 

you need and having the flexibility and time to live your life to the fullest.

 

http://rupeedesk.in/stock-market-training

 

What is Share Market?

What is Share Market?

* We Guide You!

* Get Full Training On Share Market!


* Online Training & Live Individual Training 


* Basic Training & Advance Technical Research Training 


* Contact: 
09094047040 / 044-24333577

* Click Here for Register: http://www.rupeedesk.in/stock-market-training

 

Are You Subbroker? Help Your Clients to Trade with More Safety

Are You Subbroker? Help Your Clients to Trade with More Safety

* Get Training On Technical Analysis for Equity / Commodity / Currency

* Grab Knowledge When to Enter & Where to Exit

* Then Help Your Clients to Trade with More Safety

* Learn About Jobbing Tips To Get More Brokerage without reduction of Clients Fund

* Fix Your Own Free Time to Learn thru Online Training

* Contact Us: 09094047040 /9841986753/044-24333577

* Register Here: http://www.rupeedesk.in/stock-market-training

 

What is Share and Share market?

What is Share and Share market?

What is share?
The public limited companies have shares.A Share represents an ownership in a Company.
For example - If you buy a share of any company then you are the owner of that company. “The ownership depends on the number of shares you hold or the percentage of shares you hold”. A founder, chairman or board of directors hold, mostly, majority of the shares of the Company so they are considered as major decision makers.

What is Share market?
The general term ‘market’ is the place where buying and selling takes place likewise Share market is the place where the buying and selling of shares take place.
Note - Now a days due to revolution of internet and computer the buying and selling of shares can be done from anywhere in the world with the help if computer and internet connection.
Some facts about share market
i) Share market can be considered as business or job, either part time or full time job.
ii) Its all about learning and experience.
iii) It requires consistency in learning.
iv) Requires full dedication
v) Don’t misunderstand that Share market will make you millionaire in one night.

What Share market is not ?
i) Overnight rich scheme or business.
ii) It is not a magic or quick money maker.
iii) It is not for seasonal earning but once experienced can make it seasonal activity.
iv) It is not for them who totally want to depend on tips.

SUCCESS IN CURRENCY CORPORATE PACK TODAY: 22.Dec.2014

 

* EURINR ACHIEVED OUR SECOND TARGET (Profit 20 Paise)
* GBPINR ACHIEVED OUR FIRST TARGET (Profit 10 Paise)

Now Receive Our Tips Instantly on 'WHATS APP & YAHOO CHAT'


FOR FREE TRIAL CLICK HERE TO REGISTER: http://rupeedesk.in/rupeedeskfree-calls


(COMMODITY*COMMODITY MINI*EQUITY*FUTURES*OPTION*CURRENCY*INTERNATIONAL FOREX)

 

Add Yahoo Chat id: rupeedesk@yahoo.com to receive our Tips Instantly.

Contact: 09094047040 / 09841986753 / 044-24333577

SUCCESS IN EQUITY TIPS TODAY: 22.Dec.2014

* ONGC CASH ACHIEVED OUR FIRST TARGET (Profit Rs.843)
* AXISBANK CASH ACHIEVED OUR SECOND TARGET (Profit Rs.1212)
* AMBUJACEM CASH ACHIEVED OUR FIRST TARGET (Profit Rs.700)
* M&M CALL OPTION ACHIEVED OUR FIRST TARGET (Profit Rs.3000 Per Lot)
* BANKNIFTY CALL OPTION ACHIEVED OUR FIRST TARGET (Profit Rs.1500 Per Lot)
* AXISBANK FUT ACHIEVED OUR SECOND TARGET (Profit Rs.5000 Per Lot)
* NIFTY FUT BOOKED PROFIT PARTIALLY (Profit Rs.1400 Per Lot)

 

SUCCESS IN EQUITY PAID CALLS: 16.12.2014

* BANKINDIA FUT ACHIEVED OUR ALL TARGET...!!!
(PROFIT Rs.7000 PER LOT)
* CAIRN FUT ACHIEVED OUR SECOND TARGET...!!!
(PROFIT Rs.3300 PER LOT)
* ALBK BUY CALL ACHIEVED OUR ALL TARGETS...!!!
(PROFIT Rs.1815 PER LOT)
* BANKNIFTY PUT OPTION ACHIEVED OUR ALL TARGETS...!!!
(PROFIT Rs.1500 PER LOT)
* TCS CALL OPTION ACHIEVED OUR ALL TARGETS...!!!
(PROFIT Rs.3750 PER LOT)

REGISTER & GET FREE TRIAL CALLS FOR TWO DAYS, SUBSCRIBE & EARN MORE)
FOR REGISTER CLICK HERE: http://rupeedesk.in/rupeedeskfree-calls
CONTACT: 9094047040 / 09841986753 / 044-24333577
YAHOO ID: rupeedesk@yahoo.com
OFFICIAL SITE: www.rupeedesk.in

 

FW: Indian Rupee History

Indian Rupee History
The central bank in India is called the Reserve Bank of India. The INR is a managed float, allowing the market to determine the exchange rate. As such, intervention is used only to maintain low volatility in exchange rates.
Early Coinage of India
India was one of the first issuers of coins, circa 6th Century BC, with the first documented coins being called 'punch-marked' coins because of the way they were manufactured. India's coinage designs frequently changed over the next few centuries as various empires rose and fell. By the 12th century a new currency referred to as Tanka was introduced. During the Mughal period, a unified monetary system was established and the silver Rupayya or Rupee was introduced. The states of pre-colonial India minted their coins with a similar design to the silver Rupee with variations depending on their region of origin.
Currency in British India
In 1825, British India adopted a silver standard system based on the Rupee and was used until the late 20th century. Although India was a colony of Britain, it never adopted the Pound Sterling. In 1866, financial establishments collapsed and control of paper money was shifted to the British government, with the presidency banks being dismantled a year later. That same year, the Victoria Portrait series of notes was issued in honor of Queen Victoria, and remained in use for approximately 50 years.
The Modern Day Indian Rupee
After gaining its independence in 1947 and becoming a republic in 1950, India's modern Rupee (INR) was changed back to the design of the signature coin. The Indian Rupee was adopted as the country's sole currency, and the use of other domestic coinage was removed from circulation. India adopted a decimalization system in 1957.

SUCCESS IN CURRENCY CORPORATE PACK TODAY: 10.Dec.2014

SUCCESS IN CURRENCY CORPORATE PACK TODAY: 10.Dec.2014
* EURINR ACHIEVED OUR FIRST TARGET (Profit 10 Paise)
* GBPINR ACHIEVED OUR DOUBEL TARGETS (Profit 20 Paise)

Now Receive Our Tips Instantly on 'WHATS APP & YAHOO CHAT'

FOR FREE TRIAL CLICK HERE TO REGISTER: http://rupeedesk.in/rupeedeskfree-calls

 

SUCCESS IN COMMODITY SIGNATURE PACK TODAY: 9.Dec.2014

 

* BUY SILVER SA 36950 SL 36650 TGT 37150 (Profit Rs.6000 Per Lot)
* BUY CRUDEOIL SA 3945 SL 3915 TGT 3985 (Profit Rs.4000 Per Lot)


Now Receive Our Tips Instantly on 'WHATS APP & YAHOO CHAT'

FOR FREE TRIAL CLICK HERE TO REGISTER: http://rupeedesk.in/rupeedeskfree-calls


(COMMODITY*COMMODITY MINI*EQUITY*FUTURES*OPTION*CURRENCY*INTERNATIONAL FOREX)

 

Share Market Outlook for the week - 08.12.2014 to 12.12.2014

 

 

From: Rupeedesk Advisory [mailto:kkrvin@hotmail.com]
Sent: 08 December 2014 11:01
To: bestcurrencycalls (vinforexindia.bccrdesk@blogger.com); bestcurrencytips (vinforexindia.bctrdesk@blogger.com); currencymargin (vinforexindia.cmrdesk@blogger.com); currencypipsandtips (rupeedesk.cpatrdesk@blogger.com); currencyresearch (vinforexindia.crrdesk@blogger.com); currencytechnicals (vinforexindia.ctrdesk@blogger.com); currencytipscoin (kences1.ctcirdesk@blogger.com); currencytipsindia (kences1.ctirdesk@blogger.com); currencytradingcalls (vinforexindia.ctcrdesk@blogger.com); etffunds (vinforexindia.efrdesk@blogger.com); eurinrtips (rupeedesk.etrdesk@blogger.com); forextradingcalls (vinforexindia.ftcrdesk@blogger.com); freecurrencytips (vinforexindia.fctrdesk@blogger.com); freensecurrencytips (intradaydesk.fnctrdesk@blogger.com); freeusdinr (rupeedesk.furdesk@blogger.com); freeusdinrtips (intradaydesk.futrdesk@blogger.com)
Subject: Share Market Outlook for the week - 08.12.2014 to 12.12.2014

 

Indian Markets Outlook for the week – 08.12.2014 to 12.12.2014

Cement Stocks Outlook for the week – 08 to 12.12.2014

Capital Goods Stocks Outlook for the week – 08 to 12.12.2014

Metal Stocks Outlook for the week – 08 to 12.12.2014

Oil Stocks Outlook for the week – 08 to 12.12.2014

Pharma Stocks Outlook for the week – 08 to 12.12.2014

Telecom Stocks Outlook for the week – 08 to 12.12.2014

FMCG Stocks Outlook for the week – 08 to 12.12.2014

Bank Stocks Outlook for the week – 08 to 12.12.2014

Auto Stocks Outlook for the Week – 08 to 12.12.2014

 

HOW Rs.10,000 BECAME Rs.500 CRORES - Rupeedesk

HOW Rs.10,000 BECAME Rs.500 CRORES

Mohammed Anwar Ahmed, 60, resides in the sleepy town of Amalner in district Jalgaon, Maharashtra. His father owned a large farmland in the 1970's. The father's untimely death in 1980 left the four sons to lead different paths in their lives. They sold the land and divided the proceeds of Rs.80,000 equally among themselves. Mohammed, the youngest of the four, then aged 27, was married for two years and had a year old son. On parting with his brothers, he was at crossroads and did not know the path he should choose for himself as all his working life he had worked on the fields. His one brother left Amalner while the two started their own shops.

                                                                       WHAT'S SO SPECIAL ABOUT AMALNER?
 

In 1947, Chairman of WIPRO Ltd. and philanthropist Azim Premji's father Mohammad Hussain Hasham Premji set up the company's first plant here to manufacturer vegetable ghee, vanaspati and refined oils. It was then called Western India Vegetable Products Ltd. and had got listed on the stock exchange in 1946. Over the years many residents of Amalner worked at the plant and several residents were shareholders of the company. In 1966, Mr.Azim Premji became Chairman of the company.

                                                                                   A CHANCE MEETING
 

As Mohammed Anwar Ahmed sat near a tea shop in Amalner, a young stock broker from Bombay (now Mumbai) named SatishShah stopped to ask a question. This meeting would change the life of Mohammed Anwar Ahmed. Satish Shah had come toAmalner to buy as many shares as he could on behalf of some clients in Bombay. The question that Satish Shah asked was : “Do you know anyone here who owns shares in that factory?” pointing to the WIPRO plant. Mohammed replied that the owners of the factory stays in Bombay. In short 15 minutes, Satish explained to Mohammed, how owning a share could make one a part owner in the company. This made Mohammed inquisitive and the meeting lasted for 30 more minutes. Mohammed helped Satish Shah go door to door to collect shares from willing sellers (in very small towns nearly everyone knows each other) and for himself bought 100 shares of Rs.100 face value, thus investing Rs.10,000 from the total of Rs.20,000 that he had. The rest, he invested in starting a trading business.

                                                                            THE JOURNEY TO WEALTH
 

From then on Mohammed started to think himself as part owner of WIPRO (and rightly so) and vowed never to sell a single share till Mr. Azim Premji is at the helm. Here is how his initial investment of Rs.10,000 grew to over Rs.500 crores.

He had invested in 100 shares at face value of Rs.100 in 1980. The initial investment was Rs.10,000.

In 1981, the company declared a 1:1 bonus. He now had 200 shares.

In 1985, the company declared 1:1 bonus. He therefore had 400 shares.

In 1986, the company split the share to Rs.10. He thus had 4000 shares.

In 1987, the company declared 1:1 bonus. He hence had 8000 shares.

In 1989, the company announced a 1:1 bonus. Now he had 16,000 shares.

In 1992, the company declared a 1:1 bonus. By now he had 32,000 shares.

In 1995, the company declared a 1:1 bonus. He then had 64,000 shares.

In 1997, the company declared 2:1 bonus. He now held 1,92,000 shares.

In 1999, the company split the share to Rs.2. He now had 9,60,000 shares.

In 2004, the company declared 2:1 bonus. He thus had 28,80,000 shares.

In 2005, the company declared 1:1 bonus. He came to have 57,60,000 shares.

In 2010, the company declared 2:3 bonus. He now had 96,00,000 shares.

The current market price is Rs.500 per share. The shares are valued at Rs.480 crores.

Over the past 33 years, the company regularly paid out dividends and increased them almost every year. Cumulatively he received Rs.118 crores as dividend over the past 33 years. Thus by investing Rs.10,000, Mohammed gained Rs.598 crores.

He is now retired and donates freely to charity from the dividends he receives. His foreign educated children often advice him to sell the shares but he has kept his vow of not selling a single share till Mr.Azim Premji is the working Chairman.

This is a lesson - both in patience and conviction.

 

Free Currency Tips : Indian rupee ends higher after RBI policy review 02.12.2014

Indian rupee ends higher after RBI policy review

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* Rupee ends at 61.88/89 per dlr vs 62.02/03 on Monday
* Sentiment aided by dovish cbank policy review
* Rise in Asia FX also helps

The Indian rupee rose on Tuesday after the central bank kept interest rates unchanged but signalled it could ease monetary policy by early next year, raising optimism about accelerating economic growth.
The Reserve Bank of India said it could cut interest rates "early next year" provided inflationary pressures do not re-appear and the government controls the fiscal deficit.
The rupee also benefited from stronger emerging Asian currencies on the back of dollar volatility and a rebound in crude oil prices from five-year lows.
Our Analysts said the rupee would likely remain under pressure given the broader strength in the dollar, although losses could be capped by domestic factors.
"The rupee would remain under pressure in the near term on global factors"But a largish depreciation is unlikely because of continuous fund flows, moderation in inflation - and now a good chance of early rate cuts from RBI."
The partially convertible rupee closed at 61.88/89 per dollar compared with 62.02/03 on Monday. It hit a low of 62.25 on Monday, its weakest since Feb. 20.
Hopes the RBI would cut interest rates by early next year supported the rupee by raising confidence about the domestic economy. Still, Indian shares fell on a bout of profit booking, limiting any further gains in the rupee.
In the offshore non-deliverable forwards market, the one-month contract was at 62.14/24, while the three-month was at 62.65/75.

FACTORS TO WATCH FOR 03.12.2014

 

* U.S. dollar rises vs basket of major currencies

* South Korea's won led gains in emerging Asian majors

* Investors await ECB, Friday's payrolls data

* Foreign institutional investor flows

* For data on currency futures