Muthoot Finance - A long Term Gem from NFBC Sector

Company Description

Muthoot Finance Limited is the flagship company of the Muthoot Group. This Kerala based group has a legacy of gold loan business for more than 125 years. The company has emerged as India’s largest gold financing company in terms of loan portfolio.
·    Below are few factors about the company which showcases its pan India presence.
·    Largest Gold financing company in terms of loan portfolio
·    26 States and Union Territories of India have our presence
·   4,300+ Strong branch network enabling us deeper penetration across India; over 70% of our branches are in under-served rural and semi-urban Indian market
·   80,000+ Customers are served every day; their satisfaction confirms repeat business
·   450,000+ Retail investor base across debenture and subordinated debt portfolio
·  131 Tonnes Gold jewellery kept as security as on 31st March, 2015.

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A Guide To Indian Stock Market IPO Process

The IPO applying process for Indian stocks had been a nightmare for retail investors few years back. Investors had to collect and fill up the lengthy form, deposit the cheque and wait for allotment process. It was taking months time to refund the amount in case the stocks were not allotted. But now the whole process has been simplified. This post details about the terms and process related with Indian stock market IPO.

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Featured IPOs - Quess Corp Ltd

Quess Corp Ltd is a business services provider, established in 2007, that operates across four different verticals — 
  • People services (including general and IT staffing) and logistics, 
  • Global technology solutions, 
  • Integrated facilities management and 
  • Industrial asset management.

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How To Apply For IPO Online Through Net Banking

This post takes you through the process of how to apply for the initial public offering(IPO) of Indian stocks by using your bank account. We have taken the example - Mahanagar Gas Limited as stock and SBI as bank. The process would be more or less similar for all banks like ICICI, HDFC etc. The prerequisites for applying ipo online are

1. You should have an online banking account
2. You should have pan card.
3. You should have a demat account with the bank or with brokers like zerodha, karvy etc

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Featured IPOs - Mahanagar Gas Limited

Mahanagar Gas Limited is one of the largest city gas distribution companies in India. The company has more than 20 years of expereince in supplying natural gas in Mumbai and are presently the sole authorized distributor of Compressed Natural Gas(CNG) and Piped Natural Gas(PNG) in Mumbai, its adjoining areas and the Raigad district in Maharashtra. 

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Who Next After R3's Exit?

Indian Industry is now looking for clues to find out who will be the next RBI Governor. Below here are the prominent 5 names for the post after R3's exit.

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Raghuram Rajan Leaving RBI

Raghuram Rajan, Reserve Bank of India Governor, on Saturday said he intends to step down at the end of his term on September 4, to return to academia. Here is the full text of his message to RBI staff.

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Brexit Week Ahead - Different Expert Views

Early this week we published a post on the possibilities of Brexit and its forseen consequences. Experts in Indian Market are bit divided on the consequences Brexit can bring to Indian Stock Market. In this post we are collating the different views expressed by Indian Stock Market experts.

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Million Dollar Question - Brexit or Bremain ?

With just ten days to go before the EU referendum, the latest poll of polls shows British voters are splited across with a slight margin for pro-Brexit camp.

Below given is the latest results which combined the six most recent surveys carried out between 1st June and 10th June, with "Don't knows" are ruled out. The question is: "Should the United Kingdom remain a member of the European Union or leave the European Union?" As of today, 14th June, it seems that people who are in favour of Brexit take a lead - 51% supports Brexit and 49% supports the opposite.

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Real Story of an Indian Retailer Who Lost 50 Lakh in F&O Trading

Dear Readers, This is the real story of an Indian retail investor who lost Rs. 50, lakh, published in ET long back ago. Republishing it here for you all.

We received a dismaying e-mail from a reader ( Ankit Verma, 32 years, Mumbai) last week. He wanted to know how he could recover the Rs 50 lakh he had lost in F&O and leveraged commodity trading. This is his story.

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Porinju Veliyath's New Pick - Flex Foods

As per BSE bulk data report on 10th June, Our Master's Portfolio member Porinju Veliyath has bought an agri based small cap named Flex Foods. Data shows that he scooped out 72000 shares of Flex Foods at a rate of Rs. 82.68. The stock hits upper circuit of 20% in the browser on June 10th. 

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The Curious Case of Helios and Matheson Information Technology Ltd

How many of you invest in corporate fixed deposits for one or two percent extra interest to that of bank fixed deposits??. Here is the curious story of Helios and Matheson Information Technology Ltd, a Chennai based IT and consulting company. As an investor, we would be looking for two main factors while investing in a company - Is the company making continuous profit? , Is the company rewarding its investors by paying dividend ??

Crisil Report Published After Q3FY13

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The Babies being Born in America Today are the Luckiest Crop in History : Warren Buffett

Note: The text below is from Berkshire Hathaway's 2015 Annual letter to its shareholders. Please read it and then think from an Indian context. I would say, The Babies being Born in India Today are the Luckiest Crop in Indian History. And, the best part is above statement will hold true for the generations to come. The only preconditions are, stick to democracy and secularism :)

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Warren Buffett Quotes On Investment


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Multibeggers From Multibaggers: Few NPA Defaulters

It is an open affair that Indian Banking System has declared nearly Rs 4.4 lakh crore as bad loans till December — mostly from large corporate defaulters. Between 2001 and 2013, around Rs 2 lakh crore loans had been written off by banks. Combining these two figures it becomes a whooping Rs 6.4 lakh crore!!. Now the best part is, coming quarters will see more NPA disclosures. SBI chairperson has already signaled more pain in March quarter earnings on NPA woes.

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Top 50 Corporate Loan Defaulters List From AIBEA

All India Bank Employees Union (AIBEA), one of the biggest employees unions in India has  decided to publish the list of top 50 corporate defaulters in this country.Below are the companies which are eating our hard earned money which was paid as tax in various forms.

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Porinju Veliyath Apologies to "Dumb Jim Rogers"

In September 2015, Commodities trading guru and hedge fund manager Jim Rogers -  chairman of Rogers Holdings Ltd, was in news limelight as he publically admitted that he exited Indian Stocks completely. He made it clear to the market community that his exit is primarily due to the incompetency of the Indian Government and National Democratic Alliance (NDA) government has failed to live up to investors’ expectations.

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Dont Jump Into Markets Now: Saurabh Mukherjea, Ambit Capital

In our August 10 2015 post, we mentioned about the midcap mania in Indian market and discussed the possibility of a correction. We plotted the nifty chart and figured a head and shoulder pattern. We mentioned that if the neckline support of 7950 is taken there is a high probability of niftytouching 6850. Well, on last Friday, nifty touched 6869, just short of 19 points!!!. We still believe that markets have not bottomed out!!

Saurabh Mukherjea of Ambit Capital

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India in a Bear Market: Sridhar Sivaram is the First Person to Point Out "The King is Naked"

Well, We are in a bear market. It was so furious and fast that majority of investors could not even got a change to exit and protect the hard earned profit they had made in last 3 to 4 years. To quantify the injury, fouture.com, on its Feb 11 post, pointed out that investors have lost $1.78 trillion so far this year in US market itself.

The Brave Man!!

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Tribute to Chandrakant Sampat, The Oldest Value Investor of India

This post is a tribute to Chandrakant Sampat who passed away last week. Many of us might be hearing his name for the first time. But Chandrakant Sampat, called as India's warren Buffet, was one of the oldest and true value investors in Indian stock market arena. He was known for his discipline to investing, honesty and thoughtfulness. He was a source of  inspiration to several of today’s well known investment gurus.

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Indian Stocks - Market Capitalisation Explained

We are starting this session to help the new comers in stock market to understand the common terms used when dealing with companies. We are starting with Market Capitalization. We all know that there are different categories of stocks like large caps, mid caps, small caps and micro caps. When you analyze a company, we should be clear on which category the stock falls. This is highly important as the risk associated with a stock mainly depends on which category it belongs to. Normally large caps are low return, low risk stocks as the growth rate would be minimal but consistent. Small caps and micro caps are high return, high risk stocks as they can deliver high growth or a total collapse.

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Sequel of Kitex Garments- Different People, Different Opinions

In July 2015, we published an article with title "Kitex Garments- Different People, Different Opinions". We featured the different opinions of Market Gurus about Kitex Garments when it was trading around Rs.800 levels.

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Big Data to Tea Business - Tata's Startup Jonrney Continues

In last November we featured Ratan Tata's entry into Chennai and Singapore-based big data analytics startup named Crayon Data. Now this time, its tea business. Recent news is, Teabox, the specialty tea company, has raised an undisclosed round of financing from Ratan Tata.

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Flashback and Future views - 7

Our last portfolio review was on 11th November 2015. Lets review our IHG blog Portfolio once again during this turbulent times. Nifty has corrected another 1000 points. If you see the recommendations, we have not been aggressive buyer during the  last one year. This has helped our readers to keep to their holding and accumulate the existing stocks on this much awaited correction.

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Porinju Again Failed in Predicting Nifty!!

In 24 August 2015, our post clearly gave a warning to our readers about blindly following Market Gurus. This was sited by a tweet of Porinju when market was just recovered from a low of 7900. Porinju predicted that 7900 was the bottom for nifty for next decade!!!

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