STOCKS


Economic incentives of agents who run the institution are to enrich themselves and they will either corrupt or prevent other members of the institution who might have the task of stopping the theft. But if corruption is exposed and the disincentives are high, then corruption would cease Last...

Read More



At this juncture, the markets are poised on a tightrope. Here are three possible future scenarios—and the probable outcomes  We have come to a point where the markets seem to be on a razor's edge. Given the current volatility and the prevailing mood, one can predict three possibilities as...

Read More



Governments across the world have initiated actions that have allowed markets to ignore many of their basic problems. More money is not the answer—it is making underlying problems worse  The market volatility of the past week is hardly surprising. The only thing that is surprising is what...

Read More



Our media is a paper tiger “The News of the World was in the business of holding others to account. It failed when it came to itself. We are sorry for the serious wrongdoing that occurred. We are deeply sorry for the hurt suffered by the individuals affected. We regret not acting faster to...

Read More



Manipulation, time & again The Securities and Exchange Board of India’s (SEBI) action in the Vaswani Industries’ IPO (initial public offering) whose listing was halted in May, raises more questions than it answers. This is a company caught in the most brazen episode of stock manipulation....

Read More



The Securities and Exchange Board of India ignores various kinds of manipulation by this stock broking company Is SEBI extraordinarily soft on the Ashika group, for some reason? Judge for yourself. The group entities are so openly involved in various kinds of market manipulation, that it...

Read More



Moneylife Digital Team 11 August 2011
The company, which is present in railways, bridges, buildings, power, sewerage, irrigation and roads, is looking to expand its capabilities in marine projects and deepen vertical strength in various states Supreme Infrastructure India (SIIL) is one of the few listed infrastructure companies...

Read More



Moneylife Digital Team 11 August 2011
The growth drivers for this small drugs manufacturer are firmly in place Ajanta Pharma is a small company with a presence in the anti-malarial, cardiology, dermatology, gastroenterology, musculoskeletal, ophthalmology and respiratory segments, with four manufacturing facilities in India and...

Read More



Moneylife Digital Team 11 August 2011
The outlook for this oxo-alcohols manufacturer has improved substantially, because of enhanced capacity and upgradation of technology Andhra Petrochemicals (APL) was promoted by Andhra Pradesh Industrial Development Corporation and Andhra Sugars as a joint sector company in 1984. It makes...

Read More



Moneylife Digital Team 08 August 2011
The BSE Small and Medium Enterprises Exchange CEO thinks that the exchange has the potential to list a million companies even as both the IPO market and traded volumes have dried up The BSE SME Exchange which is likely to be launched in September 2011 expects to list 1 million potential small...

Read More



Are emerging markets immune from the issues affecting the US or will they be caught in another epidemic—or will the infection perhaps come from another source? In 2008, when the US stock market crashed, the markets in emerging market countries went down as well. The US stock market has been...

Read More



Moneylife Digital Team 03 August 2011
The Goa-based manufacturer of electrolytic products has put off a share buyback plan without giving any reason, two weeks after making the announcement which saw the stock price shoot up by over 28%. Now, it has lost 18% Company promoters are using a well-proven method to manipulate the...

Read More



Investors often overestimate the probability of a favourable outcome coming to pass in a given situation. We also put great faith in mathematical models despite major flaws and create models based on past data, which is validated only against that same past data. This can have some strange...

Read More



N Madhavan 29 July 2011
After mutual funds, brokerages have introduced SIP for shares. This can be an attractive investment option—Reliance Securities and Geojit BNP Paribas have launched Systematic Investment Plans for equity holdings Banks offer recurring deposits, and subsequently, mutual funds introduced...

Read More



The shocking attitude  of the BSE At the end of an 11-year battle, the Securities Appellate Tribunal (SAT) has ordered the Bombay Stock Exchange (now BSE Ltd) to pay Rs2.21 crore with interest to Emmel Financial Services (which was an investor/client of Nikko Stock Brokers). The twists and...

Read More



Moneylife Digital Team 28 July 2011
The company is the country’s largest manufacturer of hydrogen peroxide, used in the paper and textiles industries, and has good growth prospects National Peroxide Ltd (NPL) makes hydrogen peroxide, sodium perborate and peracetic acid. Established in 1954, NPL is one of the largest...

Read More



Moneylife Digital Team 28 July 2011
The Murugappa group company, which is into abrasives and electro-minerals, has strong integration and expansion plans Carborundum Universal (CUMI) is a Murugappa group company which is into coated and bonded abrasives in India, super refractories, electro-minerals, industrial ceramics and...

Read More



Moneylife Digital Team 28 July 2011
Stocks of fast-moving consumer goods companies have been in a super bullish mode over the past few months. But are they overvalued? On the suggestion of one of our readers, we have discussed buying beaten-down stocks and sectors in the past few issues. What we have suggested, has worked out...

Read More



The Securities and Exchange Board of India drags a report against Religare Securities through adjudication over a paltry penalty of Rs3 lakh, but seems unable to investigate case of rampant price manipulation If the Emmel Financial case makes SEBI appear investor friendly, then a 16th June...

Read More



Broking companies are paying for grave systemic flaws The two SAT orders discussed above reflect how thoughtless actions by both first-line and second-line regulators are hurting the Indian capital market. Contrary to the shining image of a booming market conveyed by 24x7 business news...

Read More

Free Helpline
Legal Credit
Feedback