Monday, October 29, 2018

Yes Bank Share Price Live NSE - Yes Bank Stock Price Live BSE - mymoneykarma

Information About Yes Bank Share Price:
Yes Bank is a private sector bank in India founded in 2004 by Mr.Rana Kapoor and Ashok Kapur. In just 14 years since its establishment, the bank has become the fourth largest private bank in the country. This tremendous accomplishment has been achieved primarily due to Yes Bank's vision to provide high-quality and customer-driven services. The bank has its presence in 29 states and 7 Union Territories through more than 600 branches and 3,500 plus ATMs. It focuses on becoming the 'Best Quality Bank of the World in India' by the year 2020.

History of the Yes BanK:
Yes Bank Limited was formed in November 2003 by Rana Kapoor and was granted the banking license by the RBI in May 2004. Later that year, the company also commenced its corporate and business banking services. By the financial year 2005-06, the bank completed one full year of operations during which time, it made its first public offering of equity shares. 2007 proved to be a landmark year for the bank as it not only launched its international banking services, but it was also selected as a founding member of Community of Global Growth Companies at the WEF, Geneva. In 2010, Yes Bank was ranked as India's leading mid-sized bank.

Should One Invest in Yes Bank?
The Indian banking system is set to become the fourth most extensive system in the world over the course of the next decade. As a result, we are quite likely to see private sector banks forming a significant chunk of this system. The Yes Bank is one of the fastest growing banks in the private sector and just 15 years since its formation; it has become the fourth largest private bank in the country. The bank's vision and mission are helping it gain a tremendous amount of momentum regarding investments and popularity.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Sun Pharma Share Price Live Today - Sun Pharma Stock Price NSE - mymoneykarma

Information About Sun Pharmaceuticals Stock Price:

Sun Pharmaceutical is a premier medicine provider in India and worldwide. In 1983, Dilip Shanghvi founded the company; the company principally deals in medicines about diabetology, cardiology, neurology, et cetera. In the 50 years since its establishment, the Sun Pharma has incorporated manufacturing units across the globe and completed several acquisitions in the process. Apart from providing formulations that are used in tablets, creams, capsules, et cetera, the company has also developed its range of Active Pharmaceutical Ingredients (API). Their market share in India is presently the highest while in the US; they are in the fifth place. The company's vision is to touch lives globally as a leading provider of valued medicines.

History of Sun Pharmaceuticals:

In 1983, the Sun Pharmaceuticals was established by Mr. Shanghvi in Vapi. He began the company with just five products to treat disorders related to psychiatry, at the time. During that decade, the products related to cardiology and gastroenterology were also launched. As the company expanded, it started manufacturing products in other therapy areas as well, like neurology, gynecology, oncology, et cetera. It has also set up its R&D division knowing the importance of researching the field of medicines.
Sun Pharma has also set up API and formulation plants across the globe as per the international standards. The company have also been approved by USFDA and UK MHRA (Regulatory agency related to medicine and healthcare.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Axis Bank Share Price Today - Axis Bank Share Price NSE - mymoneykarma

Information and History About Axis Bank:

The Axis bank was established in 1993. The equity shares of the Axis Bank are listed on Bombay Stock Exchange and National Stock exchange of India. It is based in Mumbai, Maharashtra and the bank has a network of 3,703 branches. It has the most extensive ATM network among the private banks. In 2007, the name of the UTI Bank was changed to Axis Bank. In 1993, it began its operations after the Government of India has allowed the establishment of new private banks. The first branch was established in 1994 in Ahmedabad and inaugurated by Mr.Manmohan Singh, who was the Finance Minister of India at that time. The UTI bank was promoted by the UTI, LIC, General Insurance Corporation, Oriental Insurance Corporation, New India Assurance Company. The Axis bank is the first to launch the travel currency card in 2003 and got listed on the London Stock Exchange. In 2006, the first overseas branch of UTI Bank was incorporated in Singapore, and in 2011 an office in Colombo was opened. The bank had more than 50,000 employees as per 2016 record. In mobile banking, the bank has introduced Axis pay to facilitate the payments through UPI Interface. The bank also launched an augmented reality feature in its mobile app. The bank has also opened offices in other countries like China, UAE, Sri Lanka and the UK.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Infosys Share Price Live NSE - Infosys Share Price Live BSE - mymoneykarma

Company's Wealth and Recent Performance:
In its quarterly report for the Third Quarter of the FY 2017-18, Infosys had reported its revenue to be at Rs.17,794 crore, taking the year-to-date tally to a Rs.52,439 crore.
The net profit in the same quarter is reported to be at Rs.5,129 crore, which is a 38.3% increase over the net profit reported in Q3 FY 2016-17. The net profit figure for the FY 2017-18 YTD is Rs.12,339 crore.
The total assets of Infosys Limited, as of Q3 18, are valued to be at Rs.75,955 crore of which, more than half comes from cash and equivalents, trade receivables, and prepayments. As for the total liabilities, they are worth Rs.14,981 crore, with equities comprising the rest.
Why Invest in Infosys?
One of the primary reasons to invest in Infosys right now is because of the appointment of Salil Parekh as the new Chief Executive Officer and the Managing Director of Infosys. He previously was an executive board member at Capgemini, and many industry experts believe that he is the perfect man to lead this company.
Infosys has also signed the Advance Pricing Agreement with the U.S Internal Revenue Services. The APA effectively streamlines the company's tax obligations concerning the U.S operations.
Stocks or Mutual Funds: Here is our recommendation
A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

ICICI Bank Share Price Live Today - ICICI Bank Stock Price Live Update - mymoneykarma

ICICI Bank's Wealth and Recent Performance:

  1. As the quarter ended on 31 December 2017, the total domestic loan growth of ICICI Bank grew by 16% compared to 13% the previous year.
  2. As of 30 September 2017, the retail loans of the bank stood at 19%. Whereas, by the end of December 2017, the retail loans increased to 22%.
  3. In the last quarter of 2017, ICICI Bank reported a decline in their gross non-performing asset (NPA). The NPA of the bank stood at Rs.4.380 crore on 31 December 2017 which was Rs.4,674 crore on 30 September 2017 and Rs.7,037 crore on 31 December 2016. In the books of the bank, Non-performing assets refer to those loans that are in default status or arrears. In most cases, it means debt that is not paid or long overdue. Therefore, a decrease in NPA implies that the bank has addressed the issue and have taken measures to curb the adverse effects of high NPA.
  4. The Net NPA ratio of ICICI Bank also decreased to 4.20% as of 31 December 2017 from 4.43% on 30 September 2017.
  5. The Current and Savings Ratio (CASA) of the bank stood at 50.4% as of 31 December 2017.
  6. Also, the Core operating profit minus treasury income and exchange rate gains regarding overseas operations grew by 10% to Rs.4,992 crore in Q3 of the financial year 2017-2018 which was Rs.4,549 crore in Q3 2017.
  7. The provisions of the bank also reduced substantially from Rs.4,503 crore in Q2 of 2017-2018 to Rs.3,570 crore in the third quarter of 2018.
  8. The net interest income of ICICI Bank grew by 6% on a year-on-year basis in the quarter ended on 31 December 2017. The net interest income of the bank in the quarter ended 31 December 2016 was Rs. 5,363 crore.
  9. The consolidated profit after tax was Rs.1,894 crore in Q3- 2018 compared to Rs.2,071 crore in Q2-2018 and Rs.2,611 crore for Q3-2017.
  10. The year-on-year credit growth in domestic advances was 13% as of 30 September 2017. By the end of 31 December 2017, the credit growth increased to 16%.
  11. CASA deposits also increased by 12% year-on-year to Rs.260,635 crore by 31 December 2017. The CASA ratio of ICICI Bank stood at 50.4% as of 31 December 2017 compared to 49.5% at 30 September 2017 and 49.9% at 31 December 2016.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Tata Steel Share Price Live Today - YTata Steel Share Price Live Update - mymonykarma

Why Invest in Tata Steel Limited?

Tata Steel is not only one of the leading brands but is also reported to be on the list of Fortune's top 500 most prominent corporations in the world.
Their steel plants produce Alloy, Cast Iron, Soft Iron, Iron, Cables, Wires, Locomotive parts, Tinplate, Machinery, and Agricultural equipment.
Despite many significant competitors in the industry, the firm has remained consistent in making profits. However, at times, with market fluctuations and low business sales, the company has performed low than the desired expectations.
The company had decent sales in the last six quarters and notably, higher sales in the Q4 (i.e., March 2017).
Though the brand is widespread and has plenty of advantages in the steel business, its drawbacks can indeed not be ignored. The company has a low-interest coverage ratio and has incurred many expenses. Understand that for consistent profit; costs should be appropriately maintained.
The annual sales for the last years were reduced every year. In 2012, it was Rs.1,32,899 crore, which now has turned into Rs.1,17,1551 crore in 2017. Also, its investments, as well as assets, are significantly decreasing.

Company's Wealth And Performance of Tata Steels:

Tata Steel released its consolidated financial statements for the Q3 (Third Quarter) FY (Fiscal Year) 2018. The report stated that the net income for the third quarter increased to Rs.33,672.48 crore from Rs.29,154.75 crore in Q3 FY 2017.
The company has performed remarkably well in net profit as well. The consolidated net PAT (Profit after Tax) for the quarter is 1,143.88 crore, and there is an immense growth from the Q3 FY 2017 by 98%, which was at Rs.231.90 crore.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Saturday, October 27, 2018

Tata Steel Share Price Today - Tata Steel Share Price Live Today - mymoneykarma

Listings and Indices of Tata Steel:

In India, Tata Steel Limited is listed on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), whose shares can be purchased and sold consequently. It is a well-known, reputed steel brand and is an integral part of various benchmark indices like NIFTY and SENSEX.
NSE code: TATASTEEL
The BSE code: 500470
The company is also a part of a few other indices like BSE 100, BSE 200, CNX 500, CNX FMCG, and CNX Midcap. Along with this, it is also listed on the London Stock Exchange and Luxembourg Stock Exchange.

Company's Wealth And Performance of Tata Steels:


Tata Steel released its consolidated financial statements for the Q3 (Third Quarter) FY (Fiscal Year) 2018. The report stated that the net income for the third quarter increased to Rs.33,672.48 crore from Rs.29,154.75 crore in Q3 FY 2017.
The company has performed remarkably well in net profit as well. The consolidated net PAT (Profit after Tax) for the quarter is 1,143.88 crore, and there is an immense growth from the Q3 FY 2017 by 98%, which was at Rs.231.90 crore.
The economic recovery on a global scale is broad and remains to strengthen. The steel demand-supply chain in the worldwide market is favorable and has improved from the previous years.
The provisional production of Tata Steel in India for the third quarter marginally decreased to 3.24 million tons from 3.28 million tons in the last quarter of FY 2016-2017. However, in the 9-month duration from April to December of Fiscal Year 18, the production grew by 10.6% at 9.23 million tons.
The European steel production during the third quarter marginally increased to 2.68 million tons compared to the FY17, which was at 2.64 million tons. The sales in steel business both in Europe and India operations were reported to be higher for Q3 FY 18 at 2.41 million tons and 3.3 million tons respectively.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Coal India Share Price NSE - Coal India Share Price Live Today - mymoneykarma


History of Coal India:

Initially, all coal mining in India was privatized. The GoI then established a company that was known as the NCDC to have better control over the resource to ensure rapid industrialization. Then, slowly, the Government of India began to nationalize coal mines in the country. At one point, all coking coal mines were controlled by Bharat Coking Coal Limited (BCCL) and all non-coking coal mines were regulated by the Coal Mines Authority. To combine all coal sources for better coal resource management, the Government of India has created a new company. In 1975, Coal India Limited (CIL) was established.

Management of the Company:


The Chairman and MD, of the company, is Mr. Gopal Singh. The company has four Directors—Mr. S N Prasad for Marketing, Mr. Chandan Kumar Dey for Finance, Mr. Ram Prakash Srivastava for P & IR and Mr. Binay Dayal for Technical. The company also has 2 Government Nominee Directors, seven Independent Directors. In addition to these people, there are three permanent invitees to the Board.

Market Capitalization:


As of March 2018, Coal India has a market capitalization of around Rs.173,000 cr.

Wealth and Recent Performance:


According to the results for the Q3 of the fiscal year ending 2017–2018, the total income of Coal India rose from Rs.18,759.01 crore in the second quarter too, Rs.22,484.14 crore in the Q3. The total expenses of Coal India increased from Rs.17,732.60 crore in the second quarter of the fiscal year 2018 to Rs.17,873.93 in the Q3 of the same year.
The profit before tax for the Q3 of Financial Year 2018 was Rs.4,610.21 crore. For the previous quarter, the profit before tax was Rs.1,026.41 crore. The profit before tax for the Q3 of FY17 was Rs.4,157.48 crore.
The profit for the third quarter of FY18 was Rs.3,004.79 crore, which was almost a ten-fold increase from Rs.368.88 crore in the previous quarter. The gain of Rs.3,004.79 crore was higher than the profit for the third quarter of the FY17 at Rs.2,883.27 crore.

About MyMoneyKarma:
MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Reliance Share Price Live Update - Reliance Stock Price Today - mymoneykarma

GET Reliance share/stock prices, along with historic price charts for Reliance NSE/BSE Live share/stock Price. Click here to get the LIVE and updated market price from mymoneykarma

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, more popular as BSE, is the first and oldest stock exchange in Asia. Premchand Roychand, an influential stockbroker and businessman, ventured into this ambitious journey in 1855 with around 20 associates. They organized meetings at several outdoor locations before finally finding a permanent place in Mumbai’s Dalal Street. BSE was thus formally established in 1875. The exchange chiefly facilitated floor trading for a century before adopting an automated digital platform in 1995. The company has grown enormously ever since and has joined the United Nations Sustainable Stock Exchange as a partner exchange in 2012. BSE has also opened India's first international exchange, known as INX, in 2016.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Vedanta Share Price Today - Vedanta Share Price Live Update - mymoneykarma

Why Invest in Vedanta Resources?

The Vedanta company has forayed into a unique PPP, with the Ministry of Women and Children Development, GoI to start "Project Nandghar" across India. Vedanta invested the US $37 million towards community development in 2015-16, benefitting over 2.25 million people globally. The Confederation of Indian Industry (CII) ranked Vedanta Limited and its subsidiary Hindustan Zinc among the top ten sustainable firms in India. In FY2016, Vedanta recycled 47% of the fly ash generated through operations, as well as recycled 23% of the water utilized during its operations. But before investing, do your research or choose mutual funds as an alternate option.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

BHEL Share Price Live Update - BHEL Stock Price Today - mymoneykarma

BHEL is a PSU (public sector undertaking) of the Government of India. Heavy Electricals (India) Limited merged with BHEL in the year 1964.  At present, BHEL is the largest company in India which is dealing in power generation and heavy electrical equipment manufacturing. It was converted into a public company in 1991.  BHEL has proceeded to supply equipment in 2017, which generated 55% of the country's total installed power generation capacity. Besides power generation, BHEL has also branched out into areas like water treatment.

Mr. Atul Sobti, the Chairman & Managing Director of the company, heads BHEL whereas, Mr. Subrata Biswas and Mr. Amitabh Mathur are the Executive Directors. The company is listed on the BSE as 500103 and on the NSE as BHELEQ. Investors can buy and sell the shares of BHEL on both of these exchanges. Moreover, it is also listed in other stock exchanges like  Bangalore Stock Exchange, Calcutta Stock Exchange Association, MCX Stock Exchange, etc. and in several indices as well like NIFTY100, Sensex Next 50, etc. As of March 6, 2018, BHEL’s market capitalization stands at over Rs.33,000 crore. 
BHEL share price fluctuates at every moment and thus it is very important for all potential investors to keenly study the performance of the company’s shares before investing in it.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.


ONGC Share Price Live Update - ONGC Stock Price - mymoneykarma

Information About ONGC:

ONGC is the most significant oil exploration company and one of the biggest mining leaseholder in India.
Out of the seven basins that generate oil in India, six were explored by ONGC.
It is placed on the list of "World's Most Admired Companies" compiled by Fortune.
At present, ONGC produces around 70% of the total Indian production of crude oil.
It has produced over 1,743 Million Metric Tonnes of oil equivalent till date.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.
Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

PNB Share Price Live Today - PNB Stock Price Live Update - mymoneykarma

PNB Stock History in 2016 and 2017
PNB share price at the beginning of 2016 was close to Rs.100 on NSE and BSE. By the month end, the PNB stock price had fallen below Rs.100. When Q3 FY16 results were declared in early February, the share price took added hit owing to a torpid performance. Things became worse when the financial entity declared its plan to sell bad loans worth Rs.3,000 crore to some asset reconstruction companies in the fourth quarter of FY-2016. This led to PNB stocks drop down close to Rs.70.
  • At the beginning of March, the bank announced a change in directorate which didn't help much in boosting investors confidence. Over the month, the share price remained close to Rs.85. In April, the lender transited to the marginal cost of fund based lending system, and the stock price was slowly moving towards Rs.90 after multiple updates and revision in ratings.
  • However, NSE and BSE failed to make up for this rise which was driven by a poor performance in March quarter, as stated in the Q4 FY16 results and the annual financial report for the company for the financial year. In the late May, the stocks were being purchased at less than Rs.75.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Tuesday, October 23, 2018

ITC Share Price - ITC Stock Price Live Update - mymoneykarma

GET ITC share/stock price, along with historic price charts for ITC NSE/BSE Live share/stock Price. Click here to get the LIVE and updated market price from mymoneykarma

Should You Invest in ITC?

I.T.C. Limited is a company built on firm foundations. It is fundamentally sound and has made profits regularly over the years, as reported in their previous financial statements. The debt of the company is negligible and has delivered excellent returns on equity over the years. Moreover, ITC is one of the prominent FMCG marketers in India, making it a preferred choice in this category.
ITC is a leading player in the tobacco industry of India. The market share of the ITC is more than 70%, making it a leader in cigarettes market. The recent hike in cess and the subsequent hike in price has put the tobacco industry under pressure. However, due to a never-ending demand for cigarettes in the country, ITC is more than likely to recover from this cess hike and continue to deliver consistent growth in the tobacco segment.
ITC is also focussed on expanding its FMCG portfolio, and with this segment, the company has the vision of Rs.10,000 crore investment in the next 5 to 7 years. Furthermore, ITC Hotels are also continually improving, as seen in the numbers for the last quarter which means that revenue from non-tobacco segments is also increasing, although cigarettes still account for a significant portion of the profit made by the company. Nonetheless, as these segments grow, we may see this proportion of profits alter over the years, in favor of hotel business and FMCG products.
Investing in ITC stocks is a great option, especially if the idea is to stay funded for a long time. Provided that the stock is trading around Rs.270 as of February 2018, the entry price appears to be favorable.

Yes Bank Share Price - Yes Bank Stock Price Live Update - mymoneykarma

 

GET Yes Bank share/stock prices, along with historic price charts for Yes Bank NSE/BSE Live share/stock Price. Click here to get the LIVE and updated market price from mymoneykarma 

Should One Invest in Yes Bank?

The Indian banking system is set to become the fourth most extensive system in the world over the course of the next decade. As a result, we are quite likely to see private sector banks forming a significant chunk of this system. The Yes Bank is one of the fastest growing banks in the private sector and just 15 years since its formation; it has become the fourth largest private bank in the country. The bank's vision and mission are helping it gain a tremendous amount of momentum regarding investments and popularity.
The bank is geared towards sustainable development and green energy, as evident from the release of green infrastructure bonds. As mentioned earlier, Yes Bank is highly customer-centric in contrast to favoring big industrial companies. Yes Bank has also been recognized for its efforts by several reputed organizations in the world.
Financially speaking, the financial institution has been reporting profits like clockwork. The CASA ratio is improving by the quarter, and its balance sheet has already crossed Rs.2.5 lakh crore. Furthermore, the management's focus is to control the asset quality, and by the looks of it, it has done a remarkable job. Gross NPA count for the third quarter FY18 is just 1.72%, in contrast to the 10.35% reported by the State Bank of India for the same term.
The stock price of Yes Bank over the course of the last five years has increased by thrice as much. While investing now may seem like a good idea, many experts believe that the stock will price correct further, thus leading to a more favorable point of entry. Alternately, one can also look at mutual funds which have Yes Bank holdings. To surmise, if you are looking to invest in the Indian banking sector, Yes Bank is among the top choices.
About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Sun Pharma Share Price - Sun Pharma Stock Price - mymoneykarma

Information About Sun Pharmaceuticals Stock Price:

Sun Pharmaceutical is a premier medicine provider in India and worldwide. In 1983, Dilip Shanghvi founded the company; the company principally deals in medicines about diabetology, cardiology, neurology, et cetera. In the 50 years since its establishment, the Sun Pharma has incorporated manufacturing units across the globe and completed several acquisitions in the process. Apart from providing formulations that are used in tablets, creams, capsules, et cetera, the company has also developed its range of Active Pharmaceutical Ingredients (API). Their market share in India is presently the highest while in the US; they are in the fifth place. The company's vision is to touch lives globally as a leading provider of valued medicines.

History of Sun Pharmaceuticals:

In 1983, the Sun Pharmaceuticals was established by Mr. Shanghvi in Vapi. He began the company with just five products to treat disorders related to psychiatry, at the time. During that decade, the products related to cardiology and gastroenterology were also launched. As the company expanded, it started manufacturing products in other therapy areas as well, like neurology, gynecology, oncology, et cetera. It has also set up its R&D division knowing the importance of researching the field of medicines.
Sun Pharma has also set up API and formulation plants across the globe as per the international standards. The company have also been approved by USFDA and UK MHRA (Regulatory agency related to medicine and healthcare.
About MyMoneyKarma:
MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.



Monday, October 22, 2018

Vedanta Share Price - Vedanta Stock Price Live Update - mymoneykarma

Information About Vedanta Ltd Stock Price:

Vedanta Ltd was founded in Mumbai, Maharashtra in 1976 by Mr. Anil Agarwal. The headquarters of the company is in London, UK. It was previously known as Sesa Sterlite or Sesa Goa Limited. It is one of the largest global diversified natural resource majors across globe, with operations across aluminum and commercial power, zinc-lead-silver, oil & gas, iron ore, copper.

Listing of Vedanta Ltd on Stock Exchanges and Indices:

In 2002, Sesa Group became the first business of its kind to be certified with OHSAS 18001. In 2003, the Sesa Goa equity in Sesa Industries was increased to 88.25% impacting the shareholding pattern.
In 2007, Vedanta Resources Plc, which was founded by Anil Agarwal, acquired 51% controlling stake in Sesa Goa Ltd from Mitsui & Co.Ltd. The stocks of Vedanta Resources are listed on the NSE, London Stock Exchange, and NYSE. The deal was of ₹40.7 billion, making it the most significant M&A deal in the industry so far. In 2009, Sesa Goa took over Goa-based Dempo Group mining. It was the second largest acquisition in India's iron-ore industry. In 2011, Sesa Goa bought 51% stake in Western Cluster, Liberia. The community people of Liberia Gola Forest who also suffered from the civil war believed that joining of the Western Cluster will remove their suffering and provide employment.

Why Invest in Vedanta Resources?

The Vedanta company has forayed into a unique PPP, with the Ministry of Women and Children Development, GoI to start "Project Nandghar" across India. Vedanta invested the US $37 million towards community development in 2015-16, benefitting over 2.25 million people globally. The Confederation of Indian Industry (CII) ranked Vedanta Limited and its subsidiary Hindustan Zinc among the top ten sustainable firms in India. In FY2016, Vedanta recycled 47% of the fly ash generated through operations, as well as recycled 23% of the water utilized during its operations. But before investing, do your research or choose mutual funds as an alternate option.