Why SEBI Banned Reliance Industries Ltd?

The SEBI order, published on its website on March 24, 2017, says Reliance Industries and the 12 other entities violated provisions of Section 12A of the SEBI Act, 1992 and SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to the securities market) Regulations, 2003.

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Porinju's EQ buys Wagon Making Cimmco

As per the BSE bulk deal on 23rd March 2017, Porijnu Veliyath managed EQUITY INTELLIGENCE INDIA PRIVATE LIMITED bought 212000 shares of Cimmco, a company into the  business of Railway Wagons and Heavy Engineering Projects / Products at Bharatpur (Rajasthan). The trade happened at Rs. 69.95 and the stock hit upper circuit of 20 percent and closed at Rs. 73.5 in BSE.  

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Radhakishan Damani Latest Portfolio

Mumbai man Radhakishan Damani is a low-profile stock market veteran who invests on his own account. Portfolio includes a string of blue-chip stocks that he has accumulated over the years. Notable holding is a 26% stake in cigarette maker VST Industries, an affiliate of British American Tobacco.  His close friend is Rakesh Jhunjhunwala, who refers to Damani as his "guru".

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Nifty PE Ratio : Current PE Ratio of Nifty

What is PE Ratio? 

The Price-to-Earnings Ratio or P/E ratio is a ratio for valuing a company that measures its current share price relative to its per-share earnings. For example, suppose that a company is currently trading at Rs. 100 a share and its earnings over the last 12 months were Rs. 5 per share. The P/E ratio for the stock could then be calculated as Rs.100/Rs.5, or Rs. 20. EPS is most often derived from the sum of last four quarters. While EPS of a company remains the same for a quarter or a year, the stock market price changes everyday and hence the PE ratio also changes.

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Ground Realities are Simply Ignored During Good Times: Samit Vartak

We love people who make sense and talk sense. Here we have Mr. Samit Vartak, partner and Chief Investment Officer (CIO) of SageOne - a PMS offering company with 50% annualized returns from 2010. We feel below thoughts will definitely help our readers to understand some ground realities, when the floor is now crowded with ever bulls!!!

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10 Top Performing Small & Mid Cap Mutual Funds in India

The assets under management (AUM) of the mutual fund industry reached an all-time high of Rs 16.46 trillion in December 2016, according to the data from the Association of Mutual Funds in India (AMFI) and expects to cross Rs 20 trillion this year. Below given are the top 10 mutual funds in India for 1 year time frame, with return as the parameter. Calculated Period: Feb 2017- March 2016.

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Stock Study: MosChip Semiconductor Technology

Moschip Semiconductor Technology is the first publicly-listed semiconductor design services company with over 15 years of extensive design experience across different segments such as consumer electronics, aerospace & defence, networking and telecommunications, mobile communications, IoT and semiconductor industry. The stock had a forgotten history but came to limelight after it was aquired by a company called techwave, a singapore based company managed by Indian promoters.

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