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.