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India's Retail Inflation to 6.93 Percent - CPI November 2020

 India's Retail Inflation to 6.93 Percent - CPI November 2020   India's inflation rate has been rising in the current Financial year 2020-21. The CPI(Consumer price index) Retail inflation, which stood at 5..84 Percent in the month of March 2020 and then peaked at 7.6 Percent in October 2020. The said 7.61 Percent rate was said to be the highest in Six years. According to the RBI's Inflation policy, the retail price inflation target has been set between 2-6 Percent in the short term. However, the Inflation for November 2020 stood at 6.93 Percent. For the eight consecutive months, the country's retail inflation rate has been rising above the Central bank's Target. The said CPI inflation is high due to significant increases in the price of Food, Housing, Tobacco, Footwear and Clothing. Food and beverages were accounted for 46 Percent of the Total under Consumer Price Index list. Dairy products at 6.61 Percent, Cereals and products contributed with 9.67 Percent and Veg

Again it's an alert - Stock Market is a Business

  Again it's an alert - Stock Market is a Business   The Stock Market is not a place to Speculate and the stocks are not just numbers on Paper ! They are the value of a Business. We have the idea that if we buy or sell a share of the Stock Market that is all. But keep in mind that there is an industry behind it. Like how we are buying tomatoes and potatoes in the Vegetable market, we can see lot of things it are industry dependent.  Things like Agricultural land, Farmer, Cultivation, Labour cost, From Cropping to Harvest, then Harvest to Storage, Transportation, Pricing and Profits, more than Value added products are industry based. The same would reflected in the Stock Market for the stocks. This is the value what the world's Richest man and Value Investor Warren Buffett says,   “ I am a better investor because I am a businessman, and I am a better businessman because I am an investor.”  Generally, the value of a company or business is in its ability to generate revenue. 

The Two sides of Time Value of Money

 The Two sides of Time Value of Money Just as a Coin has two sides, so money has a two things for time to grow. No matter what investment avenues we invest in, there are few things to know that go beyond the Investment returns. They are like Inflation, Taxes and Reinvestment opportunity. Most of us have a laid back attitude when it comes to painting a picture about Money. Yes, every one thinks that for growing wealth - Big Profits or High returns is important. However the Profits or High returns are not the only reason for money to grow. It's time, the Investment period is always important and considered to be as Mandatory. The more time we give our money to grow, the more it's growth will be. The reason for this is the benefit of Compound Interest. Power of Compounding is the eighth wonder of the world. It is the miraculous weapon of the Super Rich today. There is another side of Compound interest is available as well. If the Compound interest would benefit for the Future weal

Insurance is the fundamental of the economy

  Insurance is the fundamental of the economy While choosing insurance plans as an investment, we are doing the wrong approach on Personal Finance and really miss the meaning of Financial protection. The family which depends on the income of the individual is required to ensure insurance for that particular earning person.  If the individual dies in an unforeseen circumstance, the sum assured will help the financially distressed family. Just as saving is good for a country, so too is insurance the absolute protection of a country. It is seen as a duty not only to the dependent family but also to the nation through protecting by insurance. This will reduce the financial burden on the state. The family is also moving towards economic self-sufficiency. Instead of simply working, earning a living and spending on impulsive buying, it is essential to take action such as saving on income, buying insurance in the event of unforeseen. There is no alternative to a people of a country becoming se

Four things to avoid while valuing a Stock

Four things to avoid while valuing a Stock There are two ways to value a stock before buying in the Equity Market. The basic method is Fundamental Analysis and the another one is Technical Analysis. Fundamental analysis is the study of the business of a company with some financial parameters. On the other hand, the Technical analysis is the study of the past prices of a stock. Those who engage in the Equity Market will use either of the above as a Tool. Whichever way you analyze, you need to avoid the four things that are going to be said. Otherwise, your investment or trade would go wrong. Don't love the Stock always Don't like your idea on Stock Avoid Herd Mentality on buying stocks Don't compromise with Stock vs Valuation Valuation is always important even it would go wrong. Great growth companies can be bad investments, if you pick it in the wrong price. Kindly share your views / comments with a smile :) www.richinvestingideas.com

Should you buy Finolex Cables ? Fundamental Analysis

Should you buy Finolex Cables ? Fundamental Analysis Finolex is a Company founded in the year 1958 by the Chhabria Brothers. Initially setting up a Small shop for selling the Electrical Cables, then moved to Manufacturing for Industrial Cables. They started their industrial unit to manufacture PVC insulated cables especially for the Automobile sector. On the rapid growth, the company went for the expansion and modernization in its segment. Finolex Industries Limited (FIL) was established in 1981 to manufacture Rigid PVC pipes and fittings for the Agriculture sector. In 1983, Finolex Cables were transformed into Public listed Company. The Company went in collaboration with the World's best companies in the field, it has expanded it's business to include Jelly Filled Telephone Cables, Optical Fibre and Copper Rod. Finolex has been a leading Manufacturer of Optical Fibre, Fibre Glass, Lighting and Electrical Switches Since 2000. In 2011, the company entered into a joint venture wi

Castrol India's Net Profit of Rs.205 Crore - Q3CY21

Castrol India's Net Profit of Rs.205 Crore - Q3CY20 Castrol India Limited is a part of Castrol Limited UK, which is a subsidiary of London based British Petroleum Company. The company is said to be the second largest manufacturer in the Lubricant Industry in India. Castrol India, which has more than 70,000 retail outlets across India, was listed in the Bombay Stock Exchange in the year 1982. The Market Capitalization of this Company is around Rs.10,800 Crore. The Debt to Equity is Zero, it is virtually a debt free company. The Interest Coverage Ratio (ICR) comes with 237 Times and the Dividend yield were at 5 Percent in the past fiscal. Promoter Holding was 51 Percent and there is no pledging of shares by the promoter side. Recently, the company announced it's third quarterly results of the current calendar year 2020. The Revenue stood at Rs. 883 Crore and the expenses of RS.595 Crore at the end of September quarter. The Company's Net Profit is said to be Rs.205 Crore. Comp