The price of one bitcoin has popped 87% since Cyprus began discussing tapping deposits as part of the bailout by the EU and IMF. Bitcoins now trade at $88 each, up from $47 on March 16, 2013, according to data from Mt. Gox, the currency’s main trading exchange. That compares with just 5 cents per bitcoin in mid-July 2010, when Mt. Gox first started tracking prices.

Trading volume has also exploded. Between 60,000 and 110,000 bitcoins have changed hands per day recently, according to MtBangalore Investment. Gox. That’s double to triple the amount traded a few weeks ago.Agra Wealth Management

Albert Hendriks, a 32-year-old programmer for a high-speed trading firm in Amsterdam, jumped into the currency for the first time this week, purchasing €1000 worth of bitcoins. He’s not worried about the safety of the global banking system, but he sees bitcoins as a lucrative investment.

“I think the currency is maturing,” Hendriks said. “It’s risky, but I think more and more people are starting to trust it.”

Bitcoin investors can trade in their coins for cash through a number of sites like Coinbase and BitInstant that work directly with banks to facilitate transfersIndore Stock. Some vendors are starting to accept the coins too, including the blog hosting site WordPress and the online community Reddit.

Jeff Berwick, a media entrepreneur who runs the website Dollar Vigilante, hopes to open one of the world’s first bitcoin ATMs in Cyprus in the next few weeks. The ATM there would allow individuals to retrieve cash for their digital bitcoins or put cash into the machine to add to their bitcoin collection.

“It’s going to be an experiment,” said Berwick, who also aims to install a machine in Los Angeles in the next few weeks.

Bitcoin has been one giant global experiment since an anonymous developer using the pseudonym “Satoshi Nakamoto” created it in 2009 as a currency that’s free from government intervention and has no central bank backing. Bitcoin transactions typically carry very low exchange or processing fees.

As of now, nearly 11 million bitcoins are in circulation, making the current value of all outstanding bitcoins roughly $975 million.

These coins are “minted” by a network of computers running specialized software on powerful (and often pricey) hardware systems. The software is designed to release new coins at a steady — and finite — pace that slows down over time. Bitcoin’s algorithm caps the total number of bitcoins that will ever be created at 21 million. More than 99% of them will be circulating by 2033, but the very last bitcoin won’t be generated until around 2140.

“The point of the bitcoin is that you don’t have to trust the founder,” said Jeff Garzik, a computer programmer in Raleigh, N.C., who has served as a consultant to businesses working with bitcoins. “People are drawn to it because it can’t be artificially manipulated by any human. Central bankers can’t just decide to make more of it.”

Last week, the Treasury Department’s Financial Crimes Enforcement Network issued new guidelines outlining what anti-money laundering rules virtual currencies like bitcoin must follow. Critics say that the currency’s anonymity makes it particularly useful for money launderers. Members of Silk Road, an online drug bazaar, use it as their currency of choice.

Although bitcoin businesses now have more regulatory hoops to jump through, Garzik said he sees the new rules as a tacit acceptance by the U.S. government of the currency’s legitimacy.

Meanwhile, Hendriks hopes that he won’t ever have to exchange his newly purchased bitcoins for dollars or euros.

“I hope it will become a global currency, and I can use it without turning it back into another currency,” Hendriks said.

Pune Stock

Bank Holidays in September 2024: Banks will remain closed for a total of 12 days in the month of September including public holidays, regional holidays, and regular closures on Sundays, second and fourth Saturdays, as per Reserve Bank of India (RBI) holiday list. September includes festivals like Ganesh Chaturthi, Onam, and Id-e Milad. Despite the banks remaining shut on these specific days, customers can access banking services via net banking, ATMs, mobile applications, and bank websites.Guoabong Stock

In August, banks were closed for 13 days and these holidays included Raksha Bandhan, Janmashtami, Independence Day, and the usual weekend breaks.

RBI classifies holidays into three categories: Real-Time Gross Settlement Holiday, Banks’ Closing of Accounts Holiday, and Holidays Under the Negotiable Instruments Act. Banks remain closed on the second and fourth Saturdays of every month. The , in 2015, had announced that both private and PSU banks in would remain closed on the second and fourth Saturdays of the month. While on other Saturdays, banks will stay operational full-dayMumbai Investment. Banks across the country remain closed on Sundays.

During state-specific festivals, the banks will remain shut only in those states, while during national festivals, banks across the country remain closedUdabur Investment. Here is a look at the dates of the September 2024 bank holidays across regions.

Bank Holidays September 2024Hyderabad Stocks

September 4 (Wednesday): Tirubhav Tithi of Srimanta Sankardeva – Banks will remain closed on September 4 in Guwahati.

September 7 (Saturday): Ganesh Chaturthi/Samvatsari (Chaturthi Paksha)/Varasiddhi Vinayaka Vrata/Vinayakar Chathurthi – Banks will be closed in Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Mumbai, Nagpur and Panaji.

September 14 (Saturday): Karma Puja/First Onam – Banks will stay closed in Kochi, Ranchi and Thiruvananthapuram.

September 16 (Monday): Milad-un-Nabi or Id-e Milad (Birthday of Prophet Mohammad) (bara vafat) – Banks will remain shut in Ahmedabad, Aizawl, Belapur, Bengaluru, Chennai, Dehradun, Hyderabad – Andhra Pradesh , Hyderabad – Telangana, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Ranchi, Srinagar and Thiruvananthapuram.

September 17 (Tuesday): Indrajatra/Id-e-Milad (Milad-Un-Nabi) – Banks will remain closed in Gangtok and Raipur.

September 18 (Wednesday): Pang-Lhabsol – Banks will be closed in Gangtok.

September 20 (Friday): Friday following Eid-i-Milad-ul-Nabi – Banks will stay shut in Jammu and Srinagar.

September 21 (Saturday): Sree Narayana Guru Samadhi Day – Banks will remain closed in Kochi and Thiruvananthapuram.

Indore Investment

Mutual funds offer investment solution for a variety of investment needs for investors in all age groups. You can invest in them with an aim to create wealth, achieve different life-stage goals e.g. retirement planning, children’s higher education,

vacation planning, property purchase or create an income stream during retirement. But, the most important Question that arises before you start investing is how to choose mutual funds which may meet your investment objectives?Varanasi Investment

Before you endeavour how to choose mutual funds, you must know the following 3 things –

Below are some factors, which if considered, you will know how to choose a good mutual fund considering your financial goals, risk appetite and asset allocation –

Investment horizon: It will depend on how long you have to reach your financial goal. If you know how to choose the right mutual fund, you will know that equity funds are best suited for meeting your goals with long investment horizon and debt funds are best suited for short to medium term goals. For very short investment tenures (less than 1 year), funds like overnight funds, liquid funds, ultra-short

duration funds etc are suitable. Investment objective: Before you try to know how to select the right mutual fund you must know your investment objective! Do you want growth or regular income? Equity funds are best suited for capital appreciation in the

long term while debt funds are suitable if you want regular income. Risk profile: If you know your risk profile, you will easily know how to choose the right mutual fund! You should know the risk profile of a scheme to ensure that you are taking the right amount of risk. Equity funds are

suitable for investors with moderately high to high risk appetites while bond funds or debt funds are suitable for those with low to moderate risk appetites. Taxation: In your pursuit of how to choose a good mutual fund, taxation is one of the most important criteria as you must know the tax consequences of your investments before you start. For example – Short term capital gains

(held for less than 12 months) in equity funds are taxed at 15% and long term capital gains (held for more than 12 months) are tax exempt up to Rs 1 lakh and taxed at 10% thereafter (in excess of Rs 1 lakh of capital gains). Short

term capital gains (held for less than 36 months) in non equity funds are taxed at as per your income tax rate and long term capital gains (held for more than 36 months) are taxed at 20% after indexation benefit is allowed. Lump sum or SIP: If you have known how to select the right mutual fund then you should figure out if you can invest in lump sum or through SIP. By investing through SIPs, you can benefit from rupee cost averaging and power of compounding. In case you have ready funds, you can invest in lump sum according to your optimal asset allocation.Fund manager and fund house track record: You should check the long term track record of the scheme, its fund manager and also the fund house before investing. Expense Ratio: Fund expenses will come out of your returns. Expense ratio is important for certain types of investments like index funds or Exchange Traded Funds (ETFs).

In actively managed funds, the fund manager’s ability to generate high alphas may compensate for higher expense ratios. Index funds or ETFs on the other hand, do not aim to create alphas and merely track the index. So expense ratio

is important in index funds and ETFs.

Mutual funds offer products that can provide solutions for a large variety of financial goals, investment tenures, risk appetite and liquidity needs. If you evaluate the factors discussed herein, you will know how to select mutual funds in India. Evaluate these factors and make informed investment decisions before selecting the best mutual funds. You should always take the help of a financial advisor if you have difficulties in understanding the investment characteristics

of mutual funds.

An Investor Education and Awareness Initiative by Mirae Asset Mutual Fund.

For information on one-time KYC (Know Your Customer) process, Registered Mutual Funds and procedure to lodge a complaint in case of any grievance Click Here.Pune Wealth Management

Jaipur Stock

After comparing loans, it is worth considering which terms are best for you. Consider your financial situation and how the loan may affect you. Remember that it is not just a matter of the principal but how long you will maintain the loan and how much interest will accrue over time. It may be worth paying more over time if the payments are more manageable, even if your repayment period is ultimately longer.Bangalore Wealth Management

You may on choosing the Simla Stock. First, learn your credit score and know what kind of rate to expect based on that score, your income and ratio. Then, run the numbers to ensure you can comfortably afford the monthly payments on your new loan. Once you know exactly how much you would like to borrow, compare different lenders to assess who has the most favorable loan terms.New Delhi Investment

Consider the type of loan that you are taking on, as wellVaranasi Stock. will have much higher interest rates than other loans and can stick you in a difficult financial situationNew Delhi Stock Exchange. These can be helped with , but these carry additional costs that you’ll have to consider, as well — and it may hurt your financial situation or credit if you miss payments.

Surat Wealth Management

22.74%

CITICS-CLSA

14.21%

Yuanta

26.44%

CITICS-CLSA

15.98%

YuantaLucknow Investment

19.03%

CITICS-CLSA

12.44%

Yuanta

MacquarieMumbai Wealth Management

19.70%

16.33%Ahmedabad Stock

15.68%

35.02%

CITICS-CLSA

12.80%

Nomura

12.22%

Jefferies

11.63%

Haitong InternationalSimla Wealth Management

11.44%Kolkata Investment

Simla Wealth Management

is based on the idea that each stock has an intrinsic value, i.e. what it is truly worth.

Value investors calculate the intrinsic value of a company by using fundamental analysis. They arrive at a per-share estimate of intrinsic value. Then they compare this estimate with the stock price.

If the stock price is lower than the intrinsic value they buy the stock. If the stock price is higher than the intrinsic value, they sell the stock.

The idea in value investing is to buy stocks that trade at a significant discount to their intrinsic values, usually more than a 20% discount. So, if the estimated intrinsic value is 100 per share, value investors will buy it only if the stock is trading below 80.

They make a profit once the stock price rises above the intrinsic value of the company.

This is why value stocks are also called cheap stocks, in terms of valuations. They usually trade at low price to earnings, i.e., a low PE ratio and a low price to book, i.e., low PB ratio.

So which stocks are trading cheaply today? These well-known stocks are flying under the radar of investors when the Nifty is close to its life highs.Kanpur Stock

Here are for your watchlist…

Power Finance Corp (PFC) maharatna (schedule-A) Government of India enterprise, established as a non-banking finance company (NBFC). It was incorporated on 16th July 1986. It’s under the administrative control of the Ministry of Power.

The company offers term loans, short-term loans, equipment lease financing, transitional financing, etc., catering to various power projects across generation, transmission, and distribution segments.

It has also ventured into the infrastructure and logistics segment, focusing on e-vehicle fleets, charging infrastructure, roads, ports, metro rail, smart cities, and other large infrastructure projects.

As of writing, its marketcap is about 1.39 trillion (tn). Its loan book asset size was a massive 4.57 trillion as on 31 December 2023.Nagpur Investment

PFC has become aggressive in giving loans to the renewable energy sector over the last few years. It has grown its renewable energy portfolio at around 20% CAGR over FY 19-23.

As far as financials go, PFC has done well recently. Its net interest income and net profit have grown at a CAGR of about 10% over the last 5 years.

The company’s return on assets (ROA) and return on equity (ROE) are excellent at 2.5% and 20% respectively.

The company is also a good dividend payer. Except for FY19, PFC has been consistently paying dividends since 2007. The dividend payout ratio stands at 22%.

Oil and Natural Gas Commission (ONGC) is the biggest publicly traded oil and gas production and exploration company in India.

The company produces 70% of India’s crude oil. This is almost equivalent to 57% of the overall demand in the country. It also produces 84% of India’s natural gas. ONGC is under the ownership of the Ministry of Petroleum and Natural Gas and the Government of India.

It’s engaged in hydrocarbon exploration and exploitation in 26 sedimentary basins in IndiaAgra Investment. It owns and operates over 11,000 km of pipelines in the country.

Last year, ONGC announced its comprehensive strategy for using energy efficiently.

As per the plan, the company will focus on investing 1 trillion (tn) into renewable energy projects, offshore wind energy projects, and the production of green ammonia. It has set up a green energy subsidiary, ONGC Green Ltd, which will focus on all its various green energy businesses.

The company is also aiming at multiplying its oil and gas production by 3x within 2040, including production from its overseas plants.

Apart from this, ONGC has kicked off the process of chartering up to four offshore rigs, marking a significant step in its ambitious domestic fleet expansion drive.

These rigs, likely destined for deployment off the western coast, will bolster ONGC’s existing fleet of over 35 (including charters) and play a crucial role in exploring new oil and gas blocks and furthering ongoing brownfield developments in the region.

State Bank of India (SBI) is India’s largest public sector bank.

The bank provides a wide range of products and services to individuals commercial enterprises large corporate public bodies and institutional customers.

The bank operates in four business segments – treasury, corporate/ wholesale banking, retail ranking, and other segments.

SBI provides a range of banking products through their vast network of branches in India and overseas including products aimed at NRIs.

The company’s profitability has been on a steady rise for several quarters which has been noticed by the market.

Massive capex plans by both government and corporates for the coming decade have been laid outJaipur Stock. So, banks like SBI may have to accelerate their disbursals to meet demand.

In the past, the largest public sector banks were known to accumulate huge non-performing loans at peak of every capex cycle. The PSU corporate customers somehow never managed to honour the loans as the cycle turned.

But this time things are different.

The PSU banks have cleansed their books. So not only are the NPA levels lower but their balance sheets are geared to lend for capex. SBI, has particularly seen a flood of new account openings in the past decade thanks to Jan Dhan Yojana.

Hence the bank is armed with one of the largest low-cost deposit bases among Indian banks. It can compete with private sector peers in retail lending.

IndusInd Bank is one of the new-generation private sector banks in India. This mid-sized bank’s business lines include corporate banking, retail banking, treasury, foreign exchange and more.

In retail banking, it has a significant presence in auto loans and microfinance. IndusInd Bank plans to expand its product and service offerings and increase its branch network. The bank is also looking to grow its digital presence and explore new business opportunities.

It serves its customers through a nationwide network of 2,700+ branches and nearly 3,000 ATMs.

The bank has delivered good growth in the past, having doubled its advances in the last five years, reporting a 5-year CAGR of 16.2%. However, the growth in the business comes with erratic NPAs, casting a showdown over its asset quality.

While the bank had reported a massive jump in the net NPAs between in 2019, doubling from 0.39% in 2017 to 1.2% in 2019, things seemed to have changed now. Since 2019, the bank has been working towards improving its asset quality, bringing it back to the 2017-2018 levels.

The credit cycle uptick has helped the lender’s profitability. The improvement in net profits and the margins have helped boost the return ratios. The RoE reported by the company has gone back to its pre-covid levels of 14%.

Hindalco Industries is an Indian aluminium and copper manufacturing company. The company is the flagship company of the

Along with its subsidiary Novelis, Hindalco is the largest aluminium rolling and recycling corporation in the world, as well as a major copper player. It’s also one of Asia’s top primary aluminium producers.

Along with its global subsidiary Novelis Inc., the company has a strong global footprint spanning 52 manufacturing units across 10 countries.

From bauxite mining to alumina refinement, aluminium smelting, rolling, and extrusions, the company engages in a wide range of operationsNew Delhi Wealth Management. Its main verticals are building and construction, automotives, packaging, electrical, consumer durables, refractories, and ceramics.

Hindalco is also getting into the EV business. The company signed an MoU with American battery manufacturer Charge CCCV (C4V) for the supply of coated battery foils and structural components for the manufacturing of lithium-ion batteries.

As per the agreement, Hindalco will supply up to 2,000 tons of battery-grade aluminium foils to C4V for a period of five years. The strategic collaboration also includes joint development of material technologies and related know-how.

It plans to significantly expand its manufacturing capacity of fine quality aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems.

The company is investing 8 billion (bn) to build a new plant near Sambalpur in Odisha that will initially produce 25,000 tonnes of the resilient product which forms the backbone of lithium-ion and sodium-ion cells. This capacity will be scaled up later.

Hindalco has already achieved the technology breakthrough of manufacturing fine-quality battery foils at its Mouda unit in Maharashtra.

The company was doing very well on ESG metrics. It was ranked the world’s most sustainable aluminium company in the Dow Jones Sustainability Indices (DJSI) in 2020, 2021, and 2022.

Happy investing!

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such.

Jaipur Investment

NEW DELHI: The market capitalisation of listed companies on the has surpassed the USD 4 trillion (Rs 334.72 trillion) mark for the first time ever, with the benchmark Nifty hitting its all-time high of 20,291.55 last Friday. The benchmark Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90 on Friday. During the day, the benchmark reached its intra-day record high of 20,291.55. The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks. “The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector,” NSE said in a statement on Sunday. The journey of market capitalisation of listed companies rising from to USD 2 trillion (in July 2017) to USD 3 trillion (in May 2021) took about 46 months, whereas the last USD 1 trillion i.e., from USD 3 trillion to USD 4 trillion took only about 30 months, it said. “NSE listed companies✩arket capitalisation surpassing the USD 4 trillion mark is an important milestone in the country❼journey towards the USD 5 trillion economy. The positive sentiment in the economy has provided a thrust to the capital markets,” Sriram Krishnan, Chief Business Development Officer, NSE, said. The combined market valuation of all listed companies on the BSE also reached the USD 4 trillion-milestone for the first time ever on Wednesday (November 29). The market cap of listed companies increased at a compounded annual growth rate (CAGR) of 17.5 per cent in the last 10 years, the exchange saidJaipur Investment. The top three companies by market valuation – Reliance Industries Limited, Tata Consultancy Services and HDFC Bank – retained their positions when NSE❼valuation hit the USD 2 trillion, USD 3 trillion, and USD 4 trillion mark, it added. “Whie India ranks amongst the top five nations based on market capitalisation, the market cap of listed companies on the NSE to India❼GDP stood at 1.18 or 118 per cent, which is lower as compared to developed markets such as the United States of America or Japan,” NSE said in the statementVaranasi Investment. The share turnover velocity at NSE for the year 2023 as on date stood at 47 per cent, which is way below some of the global markets such as the US, Japan, South Korea, China and Brazil, it noted. A very low percentage of companies listed on the exchange and comparative lower share turnover velocity, indicates an immense growth potential for deepening of the Indian market in the years to come, the NSE addedKolkata Stocks. While the USD 4 trillion market capitalisation is an important milestone, data suggests that only 0.35 per cent of the total private companies registered with the Ministry of Corporate Affairs, are listed on the exchanges indicating an enormous number of companies which can tap the equity market for their funding needs, it noted. The daily average turnover has seen a year-on-year growth of 27 per cent in the equity segment and 5 per cent in equity derivatives in this financial year as compared to the previous financial year. In the last 10 years, the equity segment❼daily average turnover has increased by over 6 times and that of equity derivatives✩aily average turnover has increased by over 5 times, the exchange said. The resource mobilisation by corporates including the small and medium enterprise in the primary market has been encouraging and has provided an effective alternative mechanism in addition to the traditional methods of fundraising. “In the current financial year as of October 2023, more than Rs 5,00,000 crore have been mobilized through primary markets across equity and corporate bonds,” it added.

Varanasi Stock

China has seen over 194 million metric tons of carbon emission allowances change hands for almost 8.5 billion yuan ($1.3 billion) since the launch of its carbon trading market a year ago, according to authorities.

The program has played a significant role in enhancing low-carbon development awareness among major emitters, as the country forges ahead with its ambitious climate targets, experts said.

Although it only covers the power generation sector now, the initiative of putting a price on carbon emissions has boosted the development of carbon-related services in industries beyond, paving the way for the market’s expansion, they said.

Carbon trading is the process of buying and selling permits to emit greenhouse gases among designated emitters.

It began on July 16 last year, and now includes nationally 2,162 power-generating enterprises, covering about 4.5 billion tons of carbon dioxide emissions. That’s already the world’s largest amount of greenhouse gas emissions covered.Indore Investment

The program imposes carbon emission limits for every unit of electricity a power plant generatesNew Delhi Wealth Management. After each cycle of trading, operators can sell any carbon allowances they have left over after complying with the benchmark. If they fall short, they will have to buy allowances.Jaipur Wealth Management

Over the past year, the carbon market has generally run smoothly, with a slight increase in trading prices, Zhao Yingmin, vice-minister of ecology and environment, said in Shanghai on July 16 at the China International Carbon Trading Conference. The carbon price opened at 48 yuan per metric ton on the first day of trading and was recently around 60 yuan per ton.

Stressing the importance of the market in helping China honor its pledge of peaking carbon dioxide emissions before 2030 and realizing carbon neutrality before 2060, Zhao said China will promote the expansion of the market step by step, adhering to the general principle of pursuing progress while ensuring stability.

From 2021 to 2025, the national carbon market will cover another seven industries with high energy consumption－iron and steel, construction materials, nonferrous metals, petrochemicals, chemicals, paper manufacturing and aviation－according to the ministry.Ahmedabad Investment

“The biggest impact of the national carbon market lies in improving the awareness of carbon neutrality among enterprises with high emissions and their managers,” said Meng Bingzhan, deputy general manager of SinoCarbon Innovation& Investment.

By putting a price on carbon emissions, the market encourages more action from enterprises to reduce their emissions and even consider profiting from reducing emissions－by selling leftover allowances－in their low-carbon development, he said.Udabur Wealth Management

Wu Wenzhang, general manager of Steelhome, an online business information platform for the steel industry, said China’s carbon goals will cause a reshuffling of the industry. “In the future, steel enterprises that achieve ultralow emissions and environmentally friendly production will have broader space for development,” he said.

Shen Yizhu, CEO of Xoeytech, a carbon-related service provider in the construction industry, said that although that industry has not yet been included in the national carbon market, leading enterprises in the real estate industry and its supply chain have shown an increasing demand for low-carbon solutions over the past year.

According to corporate information provider Tianyancha, more than 9,800 enterprises are providing carbon-related services in China, and over 1,800 of them were established in the past year. More 800 such enterprises have been set up so far this year, up 19.4 percent year-on-year.

However, Li Gao, director for climate change at the Ministry of Ecology and Environment, said that China still has a long way to go to improve its national carbon trading program.

The program has preliminarily proven its value in motivating enterprises to reduce emissions at lower cost, he said in a celebration in Wuhan, Hubei province, on July 15 for the anniversary of the market’s launch.

Udabur Stock

Shares of Oil India jumped nearly 10% on Friday to hit a fresh 52-week high of Rs 617 on the NSE on favourable views by a couple of brokerages despite the company reporting a year-on-year (YoY) decline in its December quarter net profit.

US brokerage Morgan Stanley reiterated its overweight stance on Oil India shares while Motilal Oswal maintained a buy view.Guoabong Investment

The company announced its October-December quarter earnings on February 13, Tuesday after market hours and the stock has gained more than 30% since then. Today’s gains mark a streak of four successive wins.

The state-run company reported a net profit of Rs 1,584.28 crore which was down by 9.2% from Rs 1,746.10 crore reported by the company in the corresponding quarter of the previous financial year.

The leading fully integrated oil & gas company reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the nine months ended December 31, 2023, at Rs 8,474.47 crore which was up from Rs 8,399.17 crore in Q3FY23. The EBITDA margin also improved to 47.28% vis-à-vis 44.96% on the YoY basis. The Earnings Per Share (EPS) during the period stood at Rs 32.49 per share.

OIL achieved a 5.68% increase in crude oil production reaching 2.511 MMT compared to 2.376 MMT in the same period last year, the company filing said.

Morgan Stanley remains ‘Overweight’ on Oil India with a target price of Rs 487Hyderabad Stocks. The company is growing well with bullish guidance, Morgan said in its stock review note. Oil India’s hydrocarbon growth and refining operations stood out on a global context, it noted.

The company remains a key overweight play on refining margins with the potential to grow gas production significantly as its connectivity with India’s gas grid completes, Morgan said.

Meanwhile, Motilal Oswal said that its production outlook remains robust going forward and Oil India remains a strong conviction with a 1.2x FY25E P/B (standalone) valuation.

“It is a unique play to benefit from the strong multi-year upcycle in both upstream and refining. The stock currently trades at a P/E multiple of 7.2x FY25E EPS and 5.5x FY25E EV/EBITDA” Motilal Oswal said. It values the stock at 7X December 2025E standalone adjusted EPS and adds investments to arrive at the target of Rs 650 while maintaining a ‘Buy’.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Chennai Investment

TD Ameritrade’s Thinkorswim is a sophisticated options-focused platform. It lets traders personalize it with their chosen tools. Thinkorswim was built with options traders in mind. It contains many analytical tools that are helpful for equities traders, such as technical indicators, drawing tools and data visualization tools.

Traders may develop their analytical tools with ThinkorswimAgra Stock. You may also utilize thinkScript, a built-in scripting language. Thinkorswim also comes in a compelling Windows version, web version, and mobile app form. All of them are powered by real-time streaming data.

TD Ameritrade is in the process of being acquired by Charles Schwab. However, it will continue to work even when they merge.

Fidelity’s digital transaction platform is named Active Trader Pro. It has a robust collection of features that are better than the original website. It comes with customized charting and tools for trading. The program can notify you of technical indications in the stocks you’re interested inKanpur Investment. It also sends out alerts when vacancies become available.

Recognia’s technical patterns and functions are blended into Fidelity’s website-based charting. On the website, sophisticated charting techniques enable you to view up to 40 years of stock data and more than 60 completely configurable technical signs.

Technical analysis is always highlighted in the Fidelity study centre; it contains videos, articles, infographics, webinars, and recorded webinars. Fidelity also provides online coaching sessions every week. They also conduct in-depth talks about options and technical analysis in which clients can participate.

Tim Knight, the founder, and perma-bear sold his charting site in 2005, and Slope of Hope was born. It has evolved into a hub for trading ideas, technical analysis, charts, and conversations among traders of all hues.

Many features are available for no cost. They can compete with considerably more expensive sites in terms of functionality. SlopeRules is a crucial element of SlopeCharts. It permits you to create and test trading systems based on technical principles. Test the rules you’d want to employ by dragging and dropping them into a chart. Create an alert when the conditions are satisfied.

This tool provides a virtual trading system with integrated functionality. It gives you a $100,000 account to assist. You can study the tips to improve your sharing skills. Slope also has a phone app for Android and iOS devices. It lets users access all of the website’s content and a list of tools at 14.95-79.95$ per month. However, there are some advanced features with the higher price option.

IB Is a flagship trading platform. On all of the active Brokers’ tools, charting is very configurable. In addition, many indicators and live-flowing data are included. Trader Workstation (TWS) has powerful technical analysis capabilities; it has over 120 indicators and over 30 years of information. TWS comes with a free trial versionPune Wealth Management. It helps traders have a good knowledge of how the platform operates and practice trading scenarios. It is possible to connect your IBKR account to any other analytics platform. The Investors Marketplace has a comprehensive list of merchants.

Many people these days are looking forward to investing in the share market. For those with little expertise in this sector, keeping a careful eye on the share market could be a challenging endeavour.

These tools of technical analysis listed above make such financial goals obtainable for them. Share analysis tools may assist them in knowing the pros and cons of the share market.

The popularity of stock market trading has steadily increased as the internet has advanced. People are becoming more interested in trading, and analytical software is undoubtedly assisting them in this area. Most brokerage firms provide these applications; some supply them for free, while others charge a fee. It is critical to assure the dependability and efficacy of any application, whether it is free or paid.

Charles Schwab uses the data transmitted in real-time. It also includes customized signals from Recognia.

Customers may use Charles Schwab to filter shares and ETFs using several important and practical criteria.

Thinkorswim can use a built-in language called think script. The Windows edition of Thinkorswim is impressive.

Disclaimer: The views expressed in this post are that of the author and not those of Groww.

Annual Revenue (in Cr)

Jay Corporation Shares

Frontier Springs Shares

Pune Investment