Aug 31, 2010
Aug 30, 2010
Outlook/Commentary for Crude oil for the coming month
Key events that influenced price movements:
1. The Conference Board Leading Economic Index for
2.US FOMC in its interest meet reported U.S growth will be more modest than expected and said it will keep interest
rate lower for prolonged period.
3.Macro economic data from U.S throw up series of disappointing numbers raising growth concerns.
4.US vehicle sales aggregated to 10,45,092 units in July, up 5% year on year.
5. China
year on year to 1.06 million units in July.
6.U.S Refiners boost production thus pushing demand for oil before the long maintenance period but end use lags as
products pile up.
7.Lack of hurricane related disruption.
8.Chinese crude oil imports drops 15% on month in July.
September.
New crude oil storage facilities come up for usage in China
Outlook :
We Recommend Crude to move in Range of 72$ - 79$ for the month.
Pls refer to Disclaimer @ www.uniconindia.in
Consolidated Construction Consortium Ltd - Q1FY11 Result Update
Consolidated Construction Consortium Ltd - Q1FY11 Result Update
Result Highlight – Below Unicon’s expectation
Ø Revenue of INR 5,080Mn was higher by 23% on YoY basis (against our expectation of INR 5,268Mn). While operating profit at INR 411Mn was higher by 36% on YoY basis, company disappointed on margin front.
Ø The operating profit margins for the quarter under review were 8.1% against our estimate of 9.7%. This was owing to higher operating cost and staff cost, +33% and +30% respectively on YoY basis. Selling and distribution cost rose to INR 346.9Mn compared to INR 272Mn during same quarter last year, rise of 27% on yearly basis.
Ø Higher depreciation cost at INR 28.67Mn (+33% YoY) and interest cost at INR 105.5Mn (+191% YoY) dragged the net profit margin. The higher interest out go was due to higher working capital requirements.
Ø Consequently, Profit after tax at INR 188Mn, was marginally higher by 6% on yearly basis whereas the net profit margin stood at 3.7% compared to 4.3% during same period last year, marginally down by 59bps.
Order-book and Other Updates
During Q1FY11, company bagged several orders worth INR 17,056.9Mn which includes the construction of Goa Airport, Elevated stations for Chennai Metro and Power Plants. The current order-book of the company stands at INR 45,269.4Mn. The current order-book is 2.3x its FY10 revenue. Of the total order-book, ~53% is in Infrastructure segment, and remaining 47% is into realty segment catering to the need of residential (~3%), commercial (35%) and Industrial (9%). The average execution cycle of the current orderbook is about 18-20 months.
CCCL has formed a JV with Edac Energy for execution of power project order from Meenakshi group and also formed a subsidiary namely CCCL Power Infrastructure Services to cater to future BoP (Balance of Plants) projects.
Valuation
At the CMP of INR 83/share, CCCL trades at 10.6x its FY12e consensus earning per share of INR 7.8. Maintain Hold for lower price objective of INR 90/-. Key trigger for stock would be higher order-inflow and ramp up in projects execution.
Emami Ltd - Q1FY11 Result Update
Result Highlights
Emami Ltd posted revenue growth of 28% Y-o-Y to INR 2419.50 mn backed by a 25% volume growth.
The operating profit for the quarter was INR 658.50 mn, up 13% on a Y-o-Y basis.
PAT at INR 352.50 mn witnessed a growth of 127% as compared to the same quarter in the previous year.
Valuation
At the CMP of INR 438, the stock trades at ~17x its TTM EPS. Considering the strong growth in FMCG sector and the company’s expansion plans We recommend to ACCUMULATE the stock for a price objective of INR 505.
Aug 28, 2010
Seek the Expertise of Unicon India for Customized Portfolio Management Service
The growing complications in the capital markets
make the task of an investor all the more difficult nowadays. There are many issues he
has to take care of single-handedly, for example conformations with statutory rules,
regulations, investment methodologies, outcomes, analysis, etc. There is also a need for
a constant tracking mechanism, in order to keep a close watch on the volatile market. So
it is high time investors hired an expert who can manage all these vital issues effortlessly.
Established in 2004 by proactive and visionary entrepreneurs, Unicon Investment
Solutions can prove to be your ultimate investment guide that you can trust with great
amount of confidence. Whether you want effective portfolio management service or
investment banking solution, Unicon can exceed your expectations using its world-
class proprietary model, state-of-the-art analytical tools and sure-fire methodologies.
Every investor dreams to have a high-performing portfolio. An investment portfolio can
be prepared in a variety of ways to accomplish the eventual objective of upholding and
generating wealth. Indian financial markets are complicated and multifaceted enough that
money can be earned in any kind of investment environment. The foremost challenge
in making a profitable investment portfolio is being aware of precisely what to do
and when. Here, you can avail the portfolio management service of Unicon who can
recommend you on how to distribute your money, taking your financial objectives and
risk-taking ability into account.
The Company offers Discretionary Portfolio Management Schemes like Unicon
Optimizer and Unicon Growth for its diversified clients in the form of individuals,
corporate bodies, partnership firms, proprietors and NRIs. Already Registered with SEBI
to carry out its portfolio management activities under a license, Unicon boasts a team
of highly qualified and experienced portfolio managers and equity strategists who have
also the support of a group of fundamental, technical and derivative analysts. All these
professionals work round the clock using sophisticated tools and models and offer you
a custom-made portfolio that includes a thoughtful mix of equity, quazi-equity, money
market instruments and derivative products.
Unicon portfolio management service also includes strict risk management, professional
fund management, dedicated relationship manager, regular reviews and rebalancing and
timely performance reporting. A portfolio manager at Unicon has this to say, “We give
equal importance to client servicing and feedback in addition to making a fool-proof
investment evaluation strategy. Our elite group of advisors is well-versed and trained
on a wide array of wealth products to provide you a satisfying wealth experience.”
Unicon with more than 900 business offices and 4500 professionals across India is the
pioneer in the field of portfolio management service and other investment solutions.
make the task of an investor all the more difficult nowadays. There are many issues he
has to take care of single-handedly, for example conformations with statutory rules,
regulations, investment methodologies, outcomes, analysis, etc. There is also a need for
a constant tracking mechanism, in order to keep a close watch on the volatile market. So
it is high time investors hired an expert who can manage all these vital issues effortlessly.
Established in 2004 by proactive and visionary entrepreneurs, Unicon Investment
Solutions can prove to be your ultimate investment guide that you can trust with great
amount of confidence. Whether you want effective portfolio management service or
investment banking solution, Unicon can exceed your expectations using its world-
class proprietary model, state-of-the-art analytical tools and sure-fire methodologies.
Every investor dreams to have a high-performing portfolio. An investment portfolio can
be prepared in a variety of ways to accomplish the eventual objective of upholding and
generating wealth. Indian financial markets are complicated and multifaceted enough that
money can be earned in any kind of investment environment. The foremost challenge
in making a profitable investment portfolio is being aware of precisely what to do
and when. Here, you can avail the portfolio management service of Unicon who can
recommend you on how to distribute your money, taking your financial objectives and
risk-taking ability into account.
The Company offers Discretionary Portfolio Management Schemes like Unicon
Optimizer and Unicon Growth for its diversified clients in the form of individuals,
corporate bodies, partnership firms, proprietors and NRIs. Already Registered with SEBI
to carry out its portfolio management activities under a license, Unicon boasts a team
of highly qualified and experienced portfolio managers and equity strategists who have
also the support of a group of fundamental, technical and derivative analysts. All these
professionals work round the clock using sophisticated tools and models and offer you
a custom-made portfolio that includes a thoughtful mix of equity, quazi-equity, money
market instruments and derivative products.
Unicon portfolio management service also includes strict risk management, professional
fund management, dedicated relationship manager, regular reviews and rebalancing and
timely performance reporting. A portfolio manager at Unicon has this to say, “We give
equal importance to client servicing and feedback in addition to making a fool-proof
investment evaluation strategy. Our elite group of advisors is well-versed and trained
on a wide array of wealth products to provide you a satisfying wealth experience.”
Unicon with more than 900 business offices and 4500 professionals across India is the
pioneer in the field of portfolio management service and other investment solutions.
Unicon Offers All-Important Information on How to Become Sub Broker
Stock investment has gained momentum in recent
years due to growing awareness among people about the potentiality of this investment
option. Cashing in on this opportunity, many stock broking companies have already setup
their offices to cater to the needs of the mounting stock investors. A lot of others are in
the pipeline. However, most investors, particularly novice ones, opt for stock brokers
with proven track record like Unicon Investment Solutions. With years of experience in
stock broking, investment banking and portfolio management, the Company is offering
world-class investment solutions to its esteemed investor community. It is also imparting
knowledge on how to become sub broker for the benefit of aspirants who seek to take it
up as a career option.
Starting its operations in 2004, Unicon has been employing sophisticated technology
to reach out to each and every investor in the financial markets like NSE, BSE, and
other derivative markets and making stock broking services highly affordable for a
common man. Its 4500 employees and 900 business offices spanning across 235 cities
in India speak volumes of its managerial acumen and progress. There are many expert
brokers and sub brokers in its wings who are helping investors to multiply their ROI.
Before answering the question ‘how to become sub broker,’ let’s first know who is a
sub broker. A sub broker is an agent of the member broker and is permitted to release
confirmation memorandums to his clients for their dealings executed by him through the
chief member broker to whom he is affiliated. An individual, a company or a partnership
firm can become a sub broker. The minimum age limit for individuals or partners/
directors of companies/firms will be 21. Similarly, all the aspiring persons should be
matriculates or have 10 + 2 years qualification at the least. They should not be declared
insolvent or bankrupt. Sub brokers should have at least 2 years of experience in the role a
partner or certified clerk or apprentice with a member broker of the Exchange or in other
related fields in capital market.
Once a sub-broker obtains certificate of registration from Securities and Exchange Board
of India (SEBI), he can commence business as a sub broker. Individuals who want
to know how to become a sub broker should take the help of Unicon as its member
brokers can guide you through the whole process. Sub brokers generally earn handsome
amounts through brokerage or commission.
years due to growing awareness among people about the potentiality of this investment
option. Cashing in on this opportunity, many stock broking companies have already setup
their offices to cater to the needs of the mounting stock investors. A lot of others are in
the pipeline. However, most investors, particularly novice ones, opt for stock brokers
with proven track record like Unicon Investment Solutions. With years of experience in
stock broking, investment banking and portfolio management, the Company is offering
world-class investment solutions to its esteemed investor community. It is also imparting
knowledge on how to become sub broker for the benefit of aspirants who seek to take it
up as a career option.
Starting its operations in 2004, Unicon has been employing sophisticated technology
to reach out to each and every investor in the financial markets like NSE, BSE, and
other derivative markets and making stock broking services highly affordable for a
common man. Its 4500 employees and 900 business offices spanning across 235 cities
in India speak volumes of its managerial acumen and progress. There are many expert
brokers and sub brokers in its wings who are helping investors to multiply their ROI.
Before answering the question ‘how to become sub broker,’ let’s first know who is a
sub broker. A sub broker is an agent of the member broker and is permitted to release
confirmation memorandums to his clients for their dealings executed by him through the
chief member broker to whom he is affiliated. An individual, a company or a partnership
firm can become a sub broker. The minimum age limit for individuals or partners/
directors of companies/firms will be 21. Similarly, all the aspiring persons should be
matriculates or have 10 + 2 years qualification at the least. They should not be declared
insolvent or bankrupt. Sub brokers should have at least 2 years of experience in the role a
partner or certified clerk or apprentice with a member broker of the Exchange or in other
related fields in capital market.
Once a sub-broker obtains certificate of registration from Securities and Exchange Board
of India (SEBI), he can commence business as a sub broker. Individuals who want
to know how to become a sub broker should take the help of Unicon as its member
brokers can guide you through the whole process. Sub brokers generally earn handsome
amounts through brokerage or commission.
Aug 24, 2010
UNICON Proffers Apt Investment Services to Its Clients Worldwide
In these times, when the economy is recovering from a
crisis, folks are on the lookout for an apt Depository and Investment Services provider firm,
which will cater to their unique and personalized needs. Depository proffers a protected
and suitable method to embrace securities in contrast to holding securities in paper form.
In this context, the assistance of an apt investment consulting service provider proffers an
incorporated solitary proposal making sure a safe, well organized and timely depository
procedure. When it comes to the most appropriate financial services company in India,
undoubtedly UNICON is a name which stands out in the crowd. It is an investment solution
provider, which has come out as a one stop destination for all your financial related queries and
dilemmas.
Since it conception in 2004 it has continually been proffering high quality financial solutions to
many clients worldwide. UNICON is a firm which extends resourceful services in the context
of Portfolio Management in India. It is headquartered in the national capital New Delhi and has
its corporate office in Mumbai with regional offices in Kolkata, Chennai, Hyderabad and Noida.
The one stop destination ‘UNICON’ has earned an unbeatable reputation in the financial industry
and is looking forward to escalating its esteem. The customer base of UNICON is over 200,000,
which tell tales all about the quality of work proffered by them. UNICON Group has a keen eye
for the complex financial requirements of its customers and caters equally to their short term and
long term fiscal needs through a wide ranging bunch of investment services. When it comes
to depository services, UNICON proffers excellent services such as se-materialization, re-
materialization, transfer, IPO and apt corporate actions.
“We at UNICON are always dedicated and devoted to proffer you with nothing less than
the very best in financial solutions and investment services at the most reasonable prices.
Our mission at UNICON is to create long term value by empowering individual investors
through superior financial services supported by culture based on highest level of teamwork,
efficiency and integrity. We have always envisioned to provide the most useful and ethical
Investment Solutions - guided by values driven approach to growth, client service and employee
development. Our services range from offline & online trading in equity, commodities and
currency derivatives to debt markets to corporate finance and portfolio management in
India.” Says (Name), an UNICON spokesperson.
crisis, folks are on the lookout for an apt Depository and Investment Services provider firm,
which will cater to their unique and personalized needs. Depository proffers a protected
and suitable method to embrace securities in contrast to holding securities in paper form.
In this context, the assistance of an apt investment consulting service provider proffers an
incorporated solitary proposal making sure a safe, well organized and timely depository
procedure. When it comes to the most appropriate financial services company in India,
undoubtedly UNICON is a name which stands out in the crowd. It is an investment solution
provider, which has come out as a one stop destination for all your financial related queries and
dilemmas.
Since it conception in 2004 it has continually been proffering high quality financial solutions to
many clients worldwide. UNICON is a firm which extends resourceful services in the context
of Portfolio Management in India. It is headquartered in the national capital New Delhi and has
its corporate office in Mumbai with regional offices in Kolkata, Chennai, Hyderabad and Noida.
The one stop destination ‘UNICON’ has earned an unbeatable reputation in the financial industry
and is looking forward to escalating its esteem. The customer base of UNICON is over 200,000,
which tell tales all about the quality of work proffered by them. UNICON Group has a keen eye
for the complex financial requirements of its customers and caters equally to their short term and
long term fiscal needs through a wide ranging bunch of investment services. When it comes
to depository services, UNICON proffers excellent services such as se-materialization, re-
materialization, transfer, IPO and apt corporate actions.
“We at UNICON are always dedicated and devoted to proffer you with nothing less than
the very best in financial solutions and investment services at the most reasonable prices.
Our mission at UNICON is to create long term value by empowering individual investors
through superior financial services supported by culture based on highest level of teamwork,
efficiency and integrity. We have always envisioned to provide the most useful and ethical
Investment Solutions - guided by values driven approach to growth, client service and employee
development. Our services range from offline & online trading in equity, commodities and
currency derivatives to debt markets to corporate finance and portfolio management in
India.” Says (Name), an UNICON spokesperson.
Aug 23, 2010
Tata Motors - Q1FY11 Result Update
Ø Tata Motors Ltd (TML) reported a 64% YoY increase in consolidated operating income to INR 270.6 billion. It was however down 7% sequentially.
Ø Consolidated EBITDA margins improved 850 basis points (bps) on an annual basis and 330 bps sequentially.
Ø Consolidated net profit came at INR 19.8 billion much higher than expectations. This was in comparison to a loss of 3.3 billion last year.
Valuation & Outlook
At the CMP of INR 1015 the stock trades at ~11x FY11e EPS. The stock looks reasonably priced at this juncture and we would recommend investors to accumulate the stock with a price target of INR 1,120. (10x FY12e)
Aug 21, 2010
Greaves Cotton Ltd – Q4FY10 Result Update
Greaves Cotton Ltd – Q4FY10 Result Update (Year ending Jun)
Result Highlight
Ø For Q4FY10 Greaves Cotton Ltd (GCL) revenue grew by 45% on yearly basis to INR 3,477Mn. Judicious product mix and cost management (as a % of sales) led to operating profit margin expansion by 249bps. With operating profit margin at 13.1%, the EBITDA stood at INR 454Mn for the quarter under review, higher by 79% on YoY.
Ø Moderate rise in depreciation (INR 68Mn, +7% YoY), lower interest out go (INR 27Mn, -39% YoY) and higher other income at INR 38Mn (+28% YoY) led to rise in net profit to INR 278Mn, up 110% on YoY.
Ø Net profit margin at 8%, corollary to better cost management and lower interest out go led to margin improvement by 245bps
Outlook and Valuations
With robust growth already witnessed in Auto sector, buoyancy whereof is expected to continue going forward, augurs well for the future prospects of the company for a) strong working capital management, b) optimum product mix and c) least dependency on borrowed fund. GCL has accordingly firmed up plan to build an automotive engine manufacturing plant in Aurangabad for ~INR 1bn, to meet growing demand for such engines. For FY10 consolidated earning per share of INR 24, GCL trades at 15.9x and ~14x our back of the envelop calculation for FY11e. Accumulate for price objective of INR 430/- over next 9-12 months.
Aug 19, 2010
Morning Note
Equity Market OutlookSensex (+1.15%), Nifty (+1.20%) ended positive. BSE midcap was up 0.85% and Smallcap was up 0.70%.
Hindalco (+5.26%), Sun Pharma (+4.19%), HCL Tech (+3.81%), Ranbaxy (+3.77%), Tata Motors (+3.39%) were the main
Nifty gainers, while Suzlon (-3.32%), Idea (-1.55%), HDFC (-1.27%), Rcom (-1.20%), Siemens (-1.12%) were the losers.
Among the BSE sectoral indices, IT (+1.96%), FMCG (+1.45%), Metal (+1.43%), Teck (+1.34%), Auto (+1.27%), Bankex
(+1.16%) ended positive, while CD (-0.20%) ended negative.
NSE cash turnover was Rs 15889 cr. FIIs were net buyers of Rs 674 cr and DIIs were net sellers of Rs 113 cr.
US markets closed flattish. Asia is also trading flattish and so is SGX Nifty. The domestic market saw a smart rally helped
by pharma, IT and banks. Idea, Unitech and ABB will be out of Nifty from Oct 1st and will be replaced by Bajaj Auto, Dr
Reddys and Sesa Goa. Railways is likely to soon introduce the anti-collision device. Kernex Micro is one of the suppliers of
the same and thus could see upsides from a short term perspective as the overall order size is indicated to the tune of Rs 2000
cr. BHEL may lose preferred vendor status and thus may see marginal negative reactions. China Huaneng group is reported to
be in talks to buy 50 percent stake in Intergen from GMR Infra.
Technical Market Outlook
Nifty gained 65 points and closed with greeen candle stick at 5479. Technically Nifty on daily chart has formed bullish
candle stick which indicates buyers are more aggressive in this session. Nifty spot opened low at 5416, made high at 5488 and
finally closed positive at 5479 levels. So Nifty seems to be sideways to positive on daily and weekly chart facing strong
resistance at 5500, if Nifty trades above 5500, next intraday resistance at 5525-5550 and supports at 5445-5465 range. For
short term trading long positions, stop loss of 5425 is advisable. Bank Nifty has resistance 10965-11035-11140 and supports
at 10800-10690-10620.
Advisory Calls
Marathon Calls:
Large Caps - Tata Steel, L&T and ONGC, BHEL, Ultratech, TCS, Reliance Infra; Mid Caps - Patel
Engineering, Welspun Corporation, Bartronics, Den Network, Shree Cement, Patni Comp, 3iinfotech,
Aurobindo Pharma, Mphasis, Unity Infra; UTV: Buy for a potential target of 530. Deepak Fertilisers
Technical Call:
BUY ICICI BANK CMP 967.90 SL 950 TGT 1025
BUY JSW STEEL CMP 1127.05 SL 1100 TGT 1175-1200.
BUY TCS CMP 871.10 SL 850 TGT 900-920
HOTS Call:
Buy Everonn Systems with SL 580 TGT 650-670
Derivative Market Outlook
Derivative turnover was Rs 105674 cr. Nifty Index PCR was 1.26.
FIIs were net buyers of Index futures of Rs 517 cr and net buyers of stock futures of Rs 194 cr.
FnO Gainers – Moserbaer, Chambal Fert, Apollotyre, Hindalco, Nagar Fert, KFA, Auropharma, Ind Hotel.
FnO Losers – Suzlon, Orient Bank, Tulip, National Aluminium, Ibreal Estate, Aban.
OI Gainers – Chambal Fert, ONGC, HDFC Bank, LIC Housing, Hindalco
OI Losers – Uco Bank, Dena Bank, Hindpetro, SBI, Vijaya Bank.
Stockwatch – Apollo Tyre, GMR, Chambal
Aug 18, 2010
Gain excellence in managing your investment portfolio yoursel
Portfolios are prepared for all the securities, and investment that an investor holds. Huge
investors frequently employ experts to handle their portfolios, but for tiny investors
this becomes a slight expensive. Still, you don’t have offset as you can manage your
investments yourself. Portfolio management service is provided by different companies
all over the globe. They have plans for different investors that help them in managing all
their investments.
But if you want to manage your small investments then you can yourself manage them
by following the three keys (a) proper planning, (b) effective implementation, and, (c)
control
By proper planning I mean before investing you should think about the objectives
and target of your investment. By this you will get a clear set of requirements for you
and it would be easy for you to select the one that best meets your requirements. Your
Investment objectives should not be restricted to how much profit can make from it, but
the time and liquidity issue and the quantity of risk you can bear should also be given
importance. Your knowledge about the market should be always up to date to pick the
most sensible securities for your portfolio. As the income that you get is different from
the expected risks and returns. Therefore the whole portfolio planning and security
assortment procedure must take into account the uncertainty factor.
After you selected your securities the time for implementing the investment strategy
comes where you should obey the rule of diversification. As investment involves a great
amount of risk so diversification is very important to cope with the unknown factors.
Finally you have to check your portfolio on its feat and market circumstances and go
for continuous changes when ever required. Experience means a lot to this task so you
should decide to make small investments initially and increase the amount as you grow
experience and save portfolio management service cost.
On the contrary investment banking is related with government and corporate financing.
As these sectors require large amount of finance for their huge projects so the
investment banks raise funds for them. The financial institutions that are involved in
investment banking raise funds by selling mutual funds, pension plans, insurance, etc.
This banking is some how different from retail banking where people create an account
by giving a fixed deposit to the bank and get services like online banking, ATM services,
personal loans and get interest on the amount they deposit in their accounts.
investors frequently employ experts to handle their portfolios, but for tiny investors
this becomes a slight expensive. Still, you don’t have offset as you can manage your
investments yourself. Portfolio management service is provided by different companies
all over the globe. They have plans for different investors that help them in managing all
their investments.
But if you want to manage your small investments then you can yourself manage them
by following the three keys (a) proper planning, (b) effective implementation, and, (c)
control
By proper planning I mean before investing you should think about the objectives
and target of your investment. By this you will get a clear set of requirements for you
and it would be easy for you to select the one that best meets your requirements. Your
Investment objectives should not be restricted to how much profit can make from it, but
the time and liquidity issue and the quantity of risk you can bear should also be given
importance. Your knowledge about the market should be always up to date to pick the
most sensible securities for your portfolio. As the income that you get is different from
the expected risks and returns. Therefore the whole portfolio planning and security
assortment procedure must take into account the uncertainty factor.
After you selected your securities the time for implementing the investment strategy
comes where you should obey the rule of diversification. As investment involves a great
amount of risk so diversification is very important to cope with the unknown factors.
Finally you have to check your portfolio on its feat and market circumstances and go
for continuous changes when ever required. Experience means a lot to this task so you
should decide to make small investments initially and increase the amount as you grow
experience and save portfolio management service cost.
On the contrary investment banking is related with government and corporate financing.
As these sectors require large amount of finance for their huge projects so the
investment banks raise funds for them. The financial institutions that are involved in
investment banking raise funds by selling mutual funds, pension plans, insurance, etc.
This banking is some how different from retail banking where people create an account
by giving a fixed deposit to the bank and get services like online banking, ATM services,
personal loans and get interest on the amount they deposit in their accounts.
investment banks are there to finance government and corporations
With the initiation of sophisticated technology and the internet world, the entire meaning of
business has gone under severe change for surviving in the competitive world. In this period the
web offers enormous opportunity to business houses of all size for developing and expanding
their present infrastructure to vast facet. The investors all over the world know how to employ
their selves in online share trading from each corner of the world by internet.
Companies frequently trade their shares to collect investment for their business houses. The
investor who purchases the shares of a company becomes the co-owner of that company and
is entitled to get dividend that is distributed between all the share holders or co owners of the
company. Companies offer different shares like Ordinary shares, Preference shares, Cumulative
preference shares and Redeemable shares. The investors who want to make a online share
portfolio opt to invest the stocks and shares owned by them in either Mini or Maxi ISA and
they also have to follow the different rules There are rules as related with investing stocks and
shares in either Maxi or Mini ISA So all interested investors of making online share portfolio can
register with any site of your choice, and I should say that all these services are free.
On the other hand Investment Banking is a financial organization that provides financial help to
corporate houses and government in raising funds through underwriting and performing as the
active agent in issuing securities. Investment banks also assist the company involved in merger
and acquisition. It also provides additional services to its customers like trading and market
making for the derivatives, commodity, foreign exchange, equity securities and fixed income
instruments.
Investment banks don’t take deposits like the retail banks and commercial banks. They only deal
in investment banking services in a country or in different countries also. A consultant who is
associated with investment banking has be a approved broker-dealer who can give investment
banking services to its clients. This consultant is bound to be related with the banks that both buy
and sell investment instruments and the Securities Exchange Commission regulation.
Investment banks have to research about the companies and analyze the buy-sell
recommendation regarding these companies' financial position. These investment banks may be
involved with Investment management, Global transactions, Commercial banking and Merchant
banking.
International investment banking is nowadays a extremely big industry with new gains that is
nearly 22% in a year. During the recession the developing countries like India and china came as
new big economies of the world with good growth.
business has gone under severe change for surviving in the competitive world. In this period the
web offers enormous opportunity to business houses of all size for developing and expanding
their present infrastructure to vast facet. The investors all over the world know how to employ
their selves in online share trading from each corner of the world by internet.
Companies frequently trade their shares to collect investment for their business houses. The
investor who purchases the shares of a company becomes the co-owner of that company and
is entitled to get dividend that is distributed between all the share holders or co owners of the
company. Companies offer different shares like Ordinary shares, Preference shares, Cumulative
preference shares and Redeemable shares. The investors who want to make a online share
portfolio opt to invest the stocks and shares owned by them in either Mini or Maxi ISA and
they also have to follow the different rules There are rules as related with investing stocks and
shares in either Maxi or Mini ISA So all interested investors of making online share portfolio can
register with any site of your choice, and I should say that all these services are free.
On the other hand Investment Banking is a financial organization that provides financial help to
corporate houses and government in raising funds through underwriting and performing as the
active agent in issuing securities. Investment banks also assist the company involved in merger
and acquisition. It also provides additional services to its customers like trading and market
making for the derivatives, commodity, foreign exchange, equity securities and fixed income
instruments.
Investment banks don’t take deposits like the retail banks and commercial banks. They only deal
in investment banking services in a country or in different countries also. A consultant who is
associated with investment banking has be a approved broker-dealer who can give investment
banking services to its clients. This consultant is bound to be related with the banks that both buy
and sell investment instruments and the Securities Exchange Commission regulation.
Investment banks have to research about the companies and analyze the buy-sell
recommendation regarding these companies' financial position. These investment banks may be
involved with Investment management, Global transactions, Commercial banking and Merchant
banking.
International investment banking is nowadays a extremely big industry with new gains that is
nearly 22% in a year. During the recession the developing countries like India and china came as
new big economies of the world with good growth.
Unicon Offers All-Important Information on How to Become Sub Broker
Investments in the capital markets have gained
momentum in recent years due to growing awareness among people about the earning
potential of this investment option. Cashing in on this opportunity, many stock broking
companies have already setup their offices/ franchisees to cater to the mounting
investment needs of the stock investors.
However, most investors, opt for stock brokers with proven track record and ability to
handle diverse investment needs and portfolios. Unicon Investment Solutions offers its
prowess in proving end to end Investment Solutions for the entire spectrum of customers.
With several years of experience in stock broking, investment banking and portfolio
management, the Company is offering world-class investment solutions to its esteemed
investor community.
Unicon has one of the most spreadout Sub- Broker network in the country with over
800 franchise outlets. We offer our services to all the deserving entrepreneurs and also
handhold them and impart knowledge on how to become a good sub broker.
Since it’s inception in 2004, Unicon has been enhancing it’s technology which is a major
enabler to reach out to the last investor in the financial markets. Stock broking services
have become highly affordable & accessible for a common man in the past few years.
With 4500 Uniconians and 900 business offices spanning across 235 cities in India,
Unicon has one of the best talent pool’s in the financial services space & it speaks
volumes of its managerial acumen.
Before answering the question ‘how to become sub broker,’ let’s first Understand “who
is a sub broker”?
A sub broker is an agent of the member broker and is permitted to release confirmation
memorandums to his clients for their dealings executed by him through the chief member
broker to whom he is affiliated. An individual, a company or a partnership firm can
become a sub broker. The minimum age limit for individuals or partners/directors of
companies/firms will be 21. Similarly, all the aspiring persons should be matriculate
or have 10 + 2 years qualification at the least. They should not be declared insolvent or
bankrupt. Sub brokers should have at least 2 years of experience in the role a partner or
certified clerk or apprentice with a member broker of the Exchange or in other related
fields in capital market.
Once a sub-broker obtains certificate of registration from Securities and Exchange Board
of India (SEBI), he can commence business as a sub broker.
For Individuals who want to know how to become a sub broker of Unicon we would
be more than keen to help you. In the recent years sub-broking has emerged as a major
career option. There is a huge potential to earn handsome amounts through brokerage or
commissions.
momentum in recent years due to growing awareness among people about the earning
potential of this investment option. Cashing in on this opportunity, many stock broking
companies have already setup their offices/ franchisees to cater to the mounting
investment needs of the stock investors.
However, most investors, opt for stock brokers with proven track record and ability to
handle diverse investment needs and portfolios. Unicon Investment Solutions offers its
prowess in proving end to end Investment Solutions for the entire spectrum of customers.
With several years of experience in stock broking, investment banking and portfolio
management, the Company is offering world-class investment solutions to its esteemed
investor community.
Unicon has one of the most spreadout Sub- Broker network in the country with over
800 franchise outlets. We offer our services to all the deserving entrepreneurs and also
handhold them and impart knowledge on how to become a good sub broker.
Since it’s inception in 2004, Unicon has been enhancing it’s technology which is a major
enabler to reach out to the last investor in the financial markets. Stock broking services
have become highly affordable & accessible for a common man in the past few years.
With 4500 Uniconians and 900 business offices spanning across 235 cities in India,
Unicon has one of the best talent pool’s in the financial services space & it speaks
volumes of its managerial acumen.
Before answering the question ‘how to become sub broker,’ let’s first Understand “who
is a sub broker”?
A sub broker is an agent of the member broker and is permitted to release confirmation
memorandums to his clients for their dealings executed by him through the chief member
broker to whom he is affiliated. An individual, a company or a partnership firm can
become a sub broker. The minimum age limit for individuals or partners/directors of
companies/firms will be 21. Similarly, all the aspiring persons should be matriculate
or have 10 + 2 years qualification at the least. They should not be declared insolvent or
bankrupt. Sub brokers should have at least 2 years of experience in the role a partner or
certified clerk or apprentice with a member broker of the Exchange or in other related
fields in capital market.
Once a sub-broker obtains certificate of registration from Securities and Exchange Board
of India (SEBI), he can commence business as a sub broker.
For Individuals who want to know how to become a sub broker of Unicon we would
be more than keen to help you. In the recent years sub-broking has emerged as a major
career option. There is a huge potential to earn handsome amounts through brokerage or
commissions.
Aug 13, 2010
Aug 12, 2010
Aug 11, 2010
Aug 10, 2010
Portfolio Management in India is Becoming a Multifaceted Player
The commoditization of products and increasing global regulation has intended all
professionals and business leaders in the investment services industry to invest in
the right technologies to sustain growth, preserve margins and support observances.
Staffed by top industry analysts with their research on investment services,
Portfolio Management in India provides the vital insights to expand competitive
knowledgeableness. Advices from professionals with years of actual daily trading
experience benefit in a multi-dimensional way to achieve the financial goals that a person
visualizes for himself, his friends and his family. Their experience, research, judgment,
and skill to improve the financial aspects expose a basket full of physical commodity
financial markets. They can perform with passion and innovation in investment services.
The instability of inflation rate and lack of systematic analysis can be a risky factor with
respect to the investment owner as there is no control over loss of money. Investment
services involve different financial instruments such as pension fund, mutual fund, equity
and share, investment on property, commodity, stock, and bond, financial derivatives,
having a certain level of risk and giving returns in the long run.
The modern economic technology and trend has spawned depository body, that holds
securities (like shares, bonds, government securities, mutual fund etc.) in electronic
form on behalf of investors through a registered depository participant. A Depository
Participant (DP) is an agent of the depository through which it edges with the investor
and makes available investment services. Any Public financial institutions, nationalized
banks, foreign private banks functioning in India with the approval of the Reserve Bank
of India, state financial corporations, stock-brokers, clearing houses and NBFCs can be
registered as DP. As we get banking services through a branch like wise we can avail
depository services through a Depository Participant (DP). It is compulsory for every
investor to open a beneficial owner (BO) account to trade in the capital market in view of
the convenience of trading in dematerialised mode.
Depository is a safe and convenient place to hold securities that facilitates immediate
transfer without stamp duty and no paper work resulting reduction in transaction cost.
Every investor benefits from the investment planning given by portfolio management
to carry out transactions easily and also to utilize the depository service to settle them.
They aim to provide world class investing experience to investor community with their
sophisticated technology and methods that calculates an exact figure of future expectation
and goals. Their online trading tricks help the investors to invest confidently though
prevailing with high risk in capital markets.
professionals and business leaders in the investment services industry to invest in
the right technologies to sustain growth, preserve margins and support observances.
Staffed by top industry analysts with their research on investment services,
Portfolio Management in India provides the vital insights to expand competitive
knowledgeableness. Advices from professionals with years of actual daily trading
experience benefit in a multi-dimensional way to achieve the financial goals that a person
visualizes for himself, his friends and his family. Their experience, research, judgment,
and skill to improve the financial aspects expose a basket full of physical commodity
financial markets. They can perform with passion and innovation in investment services.
The instability of inflation rate and lack of systematic analysis can be a risky factor with
respect to the investment owner as there is no control over loss of money. Investment
services involve different financial instruments such as pension fund, mutual fund, equity
and share, investment on property, commodity, stock, and bond, financial derivatives,
having a certain level of risk and giving returns in the long run.
The modern economic technology and trend has spawned depository body, that holds
securities (like shares, bonds, government securities, mutual fund etc.) in electronic
form on behalf of investors through a registered depository participant. A Depository
Participant (DP) is an agent of the depository through which it edges with the investor
and makes available investment services. Any Public financial institutions, nationalized
banks, foreign private banks functioning in India with the approval of the Reserve Bank
of India, state financial corporations, stock-brokers, clearing houses and NBFCs can be
registered as DP. As we get banking services through a branch like wise we can avail
depository services through a Depository Participant (DP). It is compulsory for every
investor to open a beneficial owner (BO) account to trade in the capital market in view of
the convenience of trading in dematerialised mode.
Depository is a safe and convenient place to hold securities that facilitates immediate
transfer without stamp duty and no paper work resulting reduction in transaction cost.
Every investor benefits from the investment planning given by portfolio management
to carry out transactions easily and also to utilize the depository service to settle them.
They aim to provide world class investing experience to investor community with their
sophisticated technology and methods that calculates an exact figure of future expectation
and goals. Their online trading tricks help the investors to invest confidently though
prevailing with high risk in capital markets.
Portfolio Management of IPR new era of patent
commercialization and of Trademark, Patent, Copyright etc. It is necessary for a business
entity to make sure that the innovative ideas about technology, goodwill, name etc. that
it possesses are accordingly protected so that they can not be violated and used in ruining
the company’s name and goodwill.
Normally companies, universities, scientists, research groups, inventors, business
enterprises and the other bodies need to defend their issues related to IPR from being
copied. For creating R&D it is to be made sure whether the innovative ideas are authentic
and thereby need protection against bad using. So these types of innovations need to be
patented, protected, maintained and also rescued from any breaches while using them.
Not only the ideas but also the company’s name, goodwill, logo or trade mark should
also be exclusively owned by the company. These factors like logo and goodwill help the
company to build special stand for you with your competitors.
Portfolio management services India provides to the people, institutions the features
like Trade Mark Registration in India, Trademark Search in India ,the International Trade
Mark Registration ,International Trademark Search, , Registration of Service Marks,
Monitoring and scrutinizing Trademark , Registration of Logo and Brand , Infringement
of Trade Mark, Licensing of Trade Mark, , Patent requirement outline, liberty to function
Search, , National stage submission, Registration of Patent, Annuity Services relating
Patent, Licensing of Patent, , Registration of Design, Registration and preservation of
Copy Right etc..
On the other hand the companies for smooth going of there business and projects
need huge amount of fund, which they raise by selling some part of the shares of their
companies. They keep the major part of share with them and sellout the rest part to
the interested investors. Share and equity trading, these two terms are immersed with
investment terminology.
By equity trading we mean influencing people by assuring the good growth of the
company so that they don’t hesitate to invest their hard owned money in the company.
The share market of India is subjugated by online business and the shareholder comprise
of people of all class whether young or old. Computers and the Internet make doing these
investment task easy to just a mouse click. The online equity trading facilities save your
time as you don’t have to visit your broker, when you want to invest, rather your broker
helps you online in making your deal.
entity to make sure that the innovative ideas about technology, goodwill, name etc. that
it possesses are accordingly protected so that they can not be violated and used in ruining
the company’s name and goodwill.
Normally companies, universities, scientists, research groups, inventors, business
enterprises and the other bodies need to defend their issues related to IPR from being
copied. For creating R&D it is to be made sure whether the innovative ideas are authentic
and thereby need protection against bad using. So these types of innovations need to be
patented, protected, maintained and also rescued from any breaches while using them.
Not only the ideas but also the company’s name, goodwill, logo or trade mark should
also be exclusively owned by the company. These factors like logo and goodwill help the
company to build special stand for you with your competitors.
Portfolio management services India provides to the people, institutions the features
like Trade Mark Registration in India, Trademark Search in India ,the International Trade
Mark Registration ,International Trademark Search, , Registration of Service Marks,
Monitoring and scrutinizing Trademark , Registration of Logo and Brand , Infringement
of Trade Mark, Licensing of Trade Mark, , Patent requirement outline, liberty to function
Search, , National stage submission, Registration of Patent, Annuity Services relating
Patent, Licensing of Patent, , Registration of Design, Registration and preservation of
Copy Right etc..
On the other hand the companies for smooth going of there business and projects
need huge amount of fund, which they raise by selling some part of the shares of their
companies. They keep the major part of share with them and sellout the rest part to
the interested investors. Share and equity trading, these two terms are immersed with
investment terminology.
By equity trading we mean influencing people by assuring the good growth of the
company so that they don’t hesitate to invest their hard owned money in the company.
The share market of India is subjugated by online business and the shareholder comprise
of people of all class whether young or old. Computers and the Internet make doing these
investment task easy to just a mouse click. The online equity trading facilities save your
time as you don’t have to visit your broker, when you want to invest, rather your broker
helps you online in making your deal.
NRI Share Trading: Today’s Most Important Term in Investment Market
Investors from all over the world are trying to advantages from the developing phase of
India. The consistent rising economy and the new high ups in Indian Stocks market and
Real Estate tempt others to trade in India. Among them the maximum numbers of people
are NRIs who are interested in investing here in India and also take the advantage that is
prevailing here.
Recently NRI share trading has taken hype in India, which we can realize by
reading to the recent statement of reforms of the investors by Indian government.
The reform says that “NRIs remittance and investment interest in India is boosting”
These NRIs want to cogitate and are ready to invest in India for various reasons. The
reason may be that they have necessity or because of the patriotism they have in them as
Indian and want to do something that can relate them to their loving country. For them
investing in India will serve them in two ways, one is giving them good return and the
other is to fulfill the desire of serving India and being a part in witnessing its growth.
The NRI share trading business is more active in investing in real estates in India. The
property market in the commercial hub of India, Mumbai and the other metropolitan
cities is appreciating the capital values by up to 40 to 50 percent. Value of some of the
places has been increased more than double. As these are the result of interest if NRI
investors in India.
The price of the commercial properties in the important areas are rising like fire as all
the new multi-national companies want to open there offices in the important places.
These companies prefer to take the property on lease than purchasing it that has boost up
the property rent in the market places. The lands in the areas near the main city are the
first choice for this purpose, due to the lack of sufficient places in the main areas of the
city. Most of the companies that had offices in the inner areas of the city prefer to shift
to a larger place for increasing the business, infrastructure, etc. This migration is also the
reason for the rise in property price.
The NRIs are trying to take advantage of all these aspects by investing in the property
business. They don’t involve them directly with this business and invest money in this
business through builders and property agents.
India. The consistent rising economy and the new high ups in Indian Stocks market and
Real Estate tempt others to trade in India. Among them the maximum numbers of people
are NRIs who are interested in investing here in India and also take the advantage that is
prevailing here.
Recently NRI share trading has taken hype in India, which we can realize by
reading to the recent statement of reforms of the investors by Indian government.
The reform says that “NRIs remittance and investment interest in India is boosting”
These NRIs want to cogitate and are ready to invest in India for various reasons. The
reason may be that they have necessity or because of the patriotism they have in them as
Indian and want to do something that can relate them to their loving country. For them
investing in India will serve them in two ways, one is giving them good return and the
other is to fulfill the desire of serving India and being a part in witnessing its growth.
The NRI share trading business is more active in investing in real estates in India. The
property market in the commercial hub of India, Mumbai and the other metropolitan
cities is appreciating the capital values by up to 40 to 50 percent. Value of some of the
places has been increased more than double. As these are the result of interest if NRI
investors in India.
The price of the commercial properties in the important areas are rising like fire as all
the new multi-national companies want to open there offices in the important places.
These companies prefer to take the property on lease than purchasing it that has boost up
the property rent in the market places. The lands in the areas near the main city are the
first choice for this purpose, due to the lack of sufficient places in the main areas of the
city. Most of the companies that had offices in the inner areas of the city prefer to shift
to a larger place for increasing the business, infrastructure, etc. This migration is also the
reason for the rise in property price.
The NRIs are trying to take advantage of all these aspects by investing in the property
business. They don’t involve them directly with this business and invest money in this
business through builders and property agents.
Aug 4, 2010
Aug 3, 2010
Aug 1, 2010
Role of portfolio management to manage any project
Estimation of your probabilities of getting success in all of your existing projects seems
to be essential for determining the calculation of anticipated value of project and also
is an integral part of portfolio management. Also it is a fact that most of the project
manager apart from project management offices (PMO) are not as all involved in all these
activities. However they are capable of doing it in more shaped and better way in the same
manner as how the prediction of rain is done by meteorologists. Usually the term portfolio
management is used for existing projects and hence these are particularly termed as
project portfolio management.
If we want our project portfolio management to be very effective, then there are certain
rules and regulations that must be positively fulfilled by any project. Firstly, the project
that is undertaken should be allied with some strict strategies and their firm goals. Also
the project needs to be much consistent and reliable with the values of culture and firm.
Also your undertaken project must contribute to a flow of cash and that also in a positive
manner for the venture; however this contribution can either be in a direct manner or in
an indirect manner. Here must be an effective use of recourses of firm by which the project
has been undertaken. Also not only the present contribution is included for the betterment
of the health of firm but also should offer some assistance to establish that firm in a fixed
manner so as to attain success in the future.
The significant condition in any project portfolio management, there must be a proper
contribution of projects to the health of firm. When we particularly take the term “firm’s
health” into consideration, we directly or indirectly concerns with the fiscal stability of
any company. There is a particular article by Lynn Westergard whose title is “measuring
company health via cash flow ration”, it is simply concerned with the cash flow statements
as these are supposed to be an ideal indicator for health measurement. However, there may
be two most general categories of the ratios of cash flow. The first category comprised of
the ratios of that tests used for liquidity and solvency, cash flow operation, entire coverage
of the flow of fund, coverage of cash debits and cash interests where as the next category is
comprised of those ratios that are usually indicated for the viability of any business. Usually
two types of ratios are used in this category. The first one is CE where as second one is TD.
However it is important for any company or business firm to have its shares operated in a
dematerialized form. These shares of companies are available to be operated under both
the types of depository system of India. The two types of depository systems are CDSL
and NSDL. It depends on our wish that whether we want to manage all of our shareholdings
in an electronic way then there is only a need to sign up to depository participant which is abbreviated as DP. For this, you need to create an account with DP that will have aregistration either with CDSl or NSDL.
to be essential for determining the calculation of anticipated value of project and also
is an integral part of portfolio management. Also it is a fact that most of the project
manager apart from project management offices (PMO) are not as all involved in all these
activities. However they are capable of doing it in more shaped and better way in the same
manner as how the prediction of rain is done by meteorologists. Usually the term portfolio
management is used for existing projects and hence these are particularly termed as
project portfolio management.
If we want our project portfolio management to be very effective, then there are certain
rules and regulations that must be positively fulfilled by any project. Firstly, the project
that is undertaken should be allied with some strict strategies and their firm goals. Also
the project needs to be much consistent and reliable with the values of culture and firm.
Also your undertaken project must contribute to a flow of cash and that also in a positive
manner for the venture; however this contribution can either be in a direct manner or in
an indirect manner. Here must be an effective use of recourses of firm by which the project
has been undertaken. Also not only the present contribution is included for the betterment
of the health of firm but also should offer some assistance to establish that firm in a fixed
manner so as to attain success in the future.
The significant condition in any project portfolio management, there must be a proper
contribution of projects to the health of firm. When we particularly take the term “firm’s
health” into consideration, we directly or indirectly concerns with the fiscal stability of
any company. There is a particular article by Lynn Westergard whose title is “measuring
company health via cash flow ration”, it is simply concerned with the cash flow statements
as these are supposed to be an ideal indicator for health measurement. However, there may
be two most general categories of the ratios of cash flow. The first category comprised of
the ratios of that tests used for liquidity and solvency, cash flow operation, entire coverage
of the flow of fund, coverage of cash debits and cash interests where as the next category is
comprised of those ratios that are usually indicated for the viability of any business. Usually
two types of ratios are used in this category. The first one is CE where as second one is TD.
However it is important for any company or business firm to have its shares operated in a
dematerialized form. These shares of companies are available to be operated under both
the types of depository system of India. The two types of depository systems are CDSL
and NSDL. It depends on our wish that whether we want to manage all of our shareholdings
in an electronic way then there is only a need to sign up to depository participant which is abbreviated as DP. For this, you need to create an account with DP that will have aregistration either with CDSl or NSDL.
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