Indian Stock Market

3i Infotech Ltd  which was established as  ICICI Infotech Ltd  is an  Indian  IT company, started in 1993.  3i Infotech was promoted by  ICICI Bank  but ICICI divested the majority of the shares in March 2002. Since it was started by ICICI, Banking ,Insurance & Asset Managment are the core sectors where they provide their services. They provide ERP and other IT services as well. In 2005, company touched its peak price of 150 + but kept on reducing ever since then specially after 2008 worldwide recession. However, if you look at recent development, this stock is the real hot cake with stock prices daily touching its 5 % upper circuit as following. As shown above, just within a month this stock has been doubled and is increasing in one side upward direction. Even I am trying to grad this stock since last one week but not able to buy a single share.  Reason: Why sudden hype over 3i infotech ? 3i Infotech has entered into definitive agreement...

  Hi Friends. I request you to please watch following video which was my first video on my youtube channel. This will largely explains you why I have ranked this penny stock in this list.  https://www.youtube.com/watch?v=aWefTQH_tgc Once India's Largest Real Estate company, became victim of malpractices of its promoters. Thousands of home buyers who have paid money for their homes are still waiting for their possession. Than why this stock is featuring in this list if past is so tainted. Well, now this company is very much on recovery path as explained in the video. Chandra family is no more in the business and government nominated board is already doing it's job. They will complete Pending projects gradually and later this company may be bought by larger players. Mr. Niranjan Hiranandani is already on the Board !!   Landbank which is possessed by Unitech is enormous & makes it lucrative & hence it is featuring in my list.  No point is compar...

Historically Indians are good bargainers. Aren't we ? we always like to buy at a bargain price. One dollar bill at 50 Cent is always welcome! This is applicable to share/stock market as well. I will share details of 5 companies which according to me are the best buy at cheap price. So, first in my list is Vodafone Idea. Before we start, please go through the following price chart. Before the merger, only Idea was listed on both the stock exchanges while Vodafone was a private limited company. In 2015, when it was at highest price of Rs. 120/share, it has now reached at a level of 11.90 by the end of the day on 5th Jan,2020. But wait a minute, this stock has already outperformed many of the established player as shown in following chart. on 18th Feb,20 it reached at the bottom price of Rs.3 and after almost 11 months, it is at a level of Rs.12. 400 % return in just 11 months. All this happened because of the following positive factors.  (1) As per latest updates, Cash-strap...

Indian Oil corporation Limited or IOCL or IOC is the largest fuel retailer of India as we all know with very well established Fuel, Gas & Lubricants distribution network in place. Fuel & Gas in perticular are businesses with very few players in place with very limited competition. With lot of focus on environmental friendly non fosil fuel now a days, Oil still is the largest supplier of enery and will remains so for at least 2-3 decades. Contribution of non fosil fuel will increase gradually but hunger for energy will also double-triple very soon. So IOC has a Strong Moat which was refered by Great Mr. Warren Buffet. It also has creditial management,Indian Goverment itself being the largest shareholder. so, is IOC a good bet ??? Yes It is according to me. TTM PE is 26.87 while Industry PE is 38.41 so it is available at a discount. secondly, EPS were significantly affected due to corona virus in Q1 & Q2. There will be some what effect in Q3 results as well which are e...

Who likes to have lucrative dividend income in bank account ? well all of us like the dividend income. How many companies in your portfolio give regular dividend? Very few ??? If so, don't you think it's time to correct your portfolio. Advantages of of regular dividend paying companies are as following. (1) Good companies pay dividend in the range of of 1 % to 15% on annual basis. Now this is a huge amount. Most of the mutual funds are giving approximately 10% return on annual basis. If if your company is giving even 10% dividend, it's a huge bonus since appreciation of stock value is entirely different. (2) regular dividend itself is a proof of good business management. Without continuous profit, continuous dividend is not possible. This itself is a proof that you are invested in the right company. (3) most of the high paying dividend companies are owned by government & hence there is always a sense of security. (4) sometimes market remains depressed for months or eve...