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Showing posts from January, 2013

What does EQ, BE, BL, BT, GC, IL and IQ mean?

These symbols denote various types of series traded on the NSE (National Stock Exchange). EQ Represents equity. Intra-day transactions are permissible. Normal trading is done in this category. BE Shares falling in the Trade for Trade or T segment are traded in this series and no intra-day trade squaring is allowed- this means trades can only be settled only by accepting or giving the delivery of shares. BL This series is for facilitating block deals- An orders should have at least 5,00,000 (and more) shares. This block window session is only available for 35 minutes- 09:15 -9:45 AM BT This series provides an exit route to small investors having shares in the physical form with a cap of maximum 500 shares. GC Government Securities and Treasury Bills are traded under this category IL Under this series-type only FIIs (Foreign Institutional Investors) can trade among themselves. Permissible only in those securities where maximum permissib

Start a Manufacturing Business of Resin Wicker Furniture

  Manufacturing Business of Resin Wicker Furniture Many people today are expanding their living space by creating outdoor living areas outside. To do this properly you need to get some good outdoor patio furniture.  Resin wicker outdoor furniture   is fast becoming a very popular choice for improving your patio space. Made to look like natural wicker, resin wicker is made from poly resin (polyethylene) which is a recycled plastic and weaved in a pattern that resembles wicker. It has grown in popularity for a variety of reasons. To begin with, it is a low maintenance product. Since it is made from plastic it is water and dirt resistant. While it may over time fade slightly due to the sun's harmful UV rays, it is extremely durable. In fact, it is probably one of the most durable patio furniture materials on the market today. More importantly, resin wicker is also mildew resistant. This is important to know because this means that you really don't have to care for it like other ou

Start a Mirror Making Business

Start a Mirror Making Business    Whether you are trying out a new dress or wondering if you are really going bald, the first thing you turn to look at is a mirror. From your car to your powder room, from telescopes to televisions, mirrors serve many important functions. This article highlights the types of mirrors, their uses and their structure. Identification A mirror is made by applying a reflective coating to a suitable base surface. Glass is considered the best substrate because of its rigidity, ease of fabrication and smooth finish. The reflective coating, usually aluminum, silver or gold, is applied to the back of the glass surface. The metal chosen for the coating determines the reflectivity of the mirror. Aluminum is the most inexpensive and the most commonly used coating. Silver and gold are more expensive and offer better reflectivity for visible and infrared wavelengths. Function Mirrors are extremely versatile in their function. They're used for cosmetic purposes in d

Start a Contact Lens Manufacturing Business

     Start a Contact Lens Manufacturing Business The contact lens is a device worn in the eye to correct vision, although some people wear colored contact lens to enhance or change their eye color. The thin plastic lens floats on a film of tears directly over the cornea. For some forms of eye disease, contact lenses correct vision better than conventional spectacles. Many people prefer contact lenses over glasses for cosmetic reasons, and active sports enthusiasts prefer contact lens because of the freedom it provides them. There are basically three types of lenses: soft, hard, and gas-permeable. Soft contact lenses are usually more comfortable to wear, but they also tear more easily than hard contact lenses. Hard lenses also tend to "pop" out more frequently. Gas-permeable lenses are a compromise between the hard and soft, allowing greater comfort than hard lenses but less chance of tearing than soft lenses. Contacts are usually worn during the day and taken out every night

NBCC Target Achieved

Last time while discussing NBCC here , I had expected the scrip to cross Rs. 180 mark and the stock surprisingly achieved its target much before what was anticipated. It has given an absolute return of around 32 % in a period less than 3 months.

Historical BSE Sensex returns - updated 2013

We have already seen the historical returns of the BSE Sensex, which indicated an average return of about 20%  per year, despite many yearly returns varying from -20% to +60%. The following table shows BSE Sensex historical data - open, close and the yearly returns of the sensex from 2000 to 2012. There are some interesting points to note from the above table. Post 2008 crash of about 50% and 2011 negative returns of 24%, markets have given positive returns of 81% and 25%. Also the average returns for the past years is about 20% despite the markets being down 24%. The lesson is pretty much clear - long term investing pays and one need not bother too much about the ups and downs of the markets. During the past few years, the returns from investing in individual stocks have been varied.  Despite markets being at 2 year highs, only a few stocks are at similar highs, while most of them are still languishing well below their historical highs and are down anywhere between 80-90%. The

Rakesh Jhunjhunwala Portfolio performance in 2012

The year 2012 may not be called as a favourable year for the big bull's portfolio with only a few stocks in his portfolio beating the returns of benchmark indices while a many gave negative returns. The top performer was the once beaten-down DB reality share which came out with a lucrative 216 % return. With India opening for the FDI in multi-brand retail, Pantaloon Retail saw its share price getting doubled. Geometric  Ltd., a software services and consultancy company from the Godrej camp, too saw its share price doubling in the calendar year 2012. Here follows the performance of the Rakesh Jhunjhunwala portfolio- Scrip      Ini. Price       LTP Return% DB Reality 49.6 162 216 Geometric Limited 46.25 101 115 Pantaloon Retail 127.25 260 102 Compucom Software 12.6 22 83 NCC Ltd. 34.1 58 69 Geogit BNP 15.15 25 63 Karur Vysya Bank 346.45 569 62 Titan Industries 175.15 287 62 Autoline Industries 98