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Exploring the Binance App: Your Gateway to the Cryptocurrency World

Exploring the Binance App: Your Gateway to the Cryptocurrency World

October 08, 2023 bitcoin / crypto
In the ever-evolving landscape of cryptocurrencies, accessibility and convenience play a vital role. The Binance app, offered by one of the world's leading cryptocurrency exchanges, has become a cornerstone for traders and investors seeking a user-friendly platform to navigate the digital currency markets. In this article, we'll take a closer look at what the Binance app has to offer and why it's gained immense popularity among crypto enthusiasts. **What is Binance?** Before diving into the app itself, it's essential to understand what Binance is. Launched in 2017, Binance quickly rose to prominence as one of the largest and most reputable cryptocurrency exchanges globally. It boasts a vast selection of cryptocurrencies available for trading and provides users with a range of features, from spot trading to futures trading, staking, and more. **The Binance App: Your Pocket Crypto Exchange** *User-Friendly Interface:* The Binance app is designed with the user in mind. Its
LIC Has posted a Q2 Net Profit Of 15,900 Whatta result !!!!

LIC Has posted a Q2 Net Profit Of 15,900 Whatta result !!!!

November 12, 2022 LIC / News
Went deep into how LIC has posted such an explosive growth in earnings !! There has been a change in accounting policy, and with this change it might report the same kind of numbers in the quarters going forward  Blockbuster earnings  Q2 Net Profit 15900 CR  Q2 EPS 25 LICI Life Insurance Corporation Of India Ltd - Superb results over the quarter  Q2FY23 Net Profit Of 15,854 CR  VS Q1FY23 Net Profit Of 603 CR  VS Q2FY22 Net Profit Of 1480 CR  Forward PE of just 6, I am expecting similar kind of numbers in the quarters going forward Reason being I am expecting similar kind of explosive numbers is that there has been change in accounting policy resulting in transfer of the accretion in the Available Solvency Margin from Non-Par to Shareholders funds. 4. Note No. 4 regarding change in accounting policy resulting in transfer of the accretion in the Available Solvency Margin from Non-Par to Shareholders funds amounting to Rs.14,27,180.41 lakhs (Net of Tax) pertaining
60 Inspiring Quotes & Tips by Rakesh Jhunjhunwala

60 Inspiring Quotes & Tips by Rakesh Jhunjhunwala

August 14, 2022 Quotes / Rakesh Jhunjhunwala
1.If a girl is beautiful a suitor will come. If a stock is beautiful, a suitor will come. So I don't search for suitors when buy the stock. 2. I have learnt two things about the press and wives. When they say something - don't react. 3. Markets are like women always commanding, mysterious, unpredictable and volatile. 4. Anticipate trend and benefit from it. Traders should go against human nature. 5. Successful investors are opportunistic and optimistic ones. 6. Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible. 7. Growth comes out of chaos. 8. Market is above individuals. The market is rational. An individual can never be smarter than the market. 9. Maximize profits and minimize losses. 10. Invest in a business not a company. 11. Emotional investment is a sure way to make loss in stock markets. 12. If in doubt, listen to your heart. 13. Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it. 1
Borosil Renewables (Rs. 692.00) India's first and the only Solar Glass Manufacturing company

Borosil Renewables (Rs. 692.00) India's first and the only Solar Glass Manufacturing company

December 19, 2021 Analysis / Borosil Renewables
It is India's first and the only Solar Glass Manufacturing company.  In September quarter, the company's income increased from Rs. 114.09 crore to Rs. 160.52 crore, operating profit increased from 31.67crore to Rs. 53.80 crore, while, witnessed net profit of Rs. 34.11 crore as against losses of Rs. 14.96 crore in the corresponding quarter last year.  As against equity of Rs. 13 crore, the company has reserves of Rs. 677 crore. The company has debt of Rs. 71 crore and investment of Rs. 262 crore, so technically it is debt free.  The stock has witnessed bullish trend in last one and a half year, but the sector's future is bright. Therefore, the stock can be purchased in phased manner.
Indian Energy Exchange IEX Investors can consider putting a small amount in IEX shares.

Indian Energy Exchange IEX Investors can consider putting a small amount in IEX shares.

December 14, 2021 Analysis / IEX
Indian Energy Exchange (Rs. 295.00) (Code: 540750) Established in 2007,  Indian Energy Exchange is a power trading platform. The company had come out with an IPO in October 2017 and issued shares at Rs. 1650 apiece. It had later split the equity shares of face value of Rs. 10 into ten shares of Re. 1. The stock has just gone ex-bonus. The A group listed shares touched a 52-week high of Rs. 318 and low of Rs. 66. IEX is a professionally-run company. Flis hold 37.74% stake, mutual funds 15.86%, Dlls 7.28%, while public shareholding is 39.13%. Its equity is Rs. 30.16 crore and reserves of Rs. 600 crore. Its market cap is Rs. 26,533 crore.  For the September quarter, its income went up from Rs. 71 crore to Rs. 109 crore, and profit from Rs. 47 crore to Rs. 78 crore. The quarterly EPS was Rs. 0.87. The shares are quoting at a P/E multiple of 100, which is expensive, but the sector has a bright future. Investors can consider putting a small amount in IEX shares.
JACKPOT SHARE EV -The Future White Gold WARD WIZARD INNOVATIONS and MOBILITY LTD

JACKPOT SHARE EV -The Future White Gold WARD WIZARD INNOVATIONS and MOBILITY LTD

December 05, 2021 Automobiles / EV
WARD WIZARD INNOVATIONS and MOBILITY LTD  BSE CODE: 538970  CMP RS. 71.15 SHORT TERM TARGET 85 POSITIONAL TARGET 110 WardWizard sells electric two wheelers under the Joy e-Bike brand In November 2021, Joy e-Bike sold 3,290 electric two-wheelers in India EV Sales November 2021: WardWizard Sells 3,290 Electric Two-Wheelers Witnessing 12-Fold Growth In November 2021, WardWizard, which sells electric two-wheelers under the Joy e-Bike brand, sold 3,290 electric scooter and motorcycle in India. Compared to 255 units sold a year ago in November 2020, the company witnessed a massive twelve-fold growth. WardWizard Innovations and Mobility, which manufactures and sells electric bikes under the Joy e-Bike brand, has announced recording its high est-ever monthly sales in November 2021. Last month, the company sold 3,290 electric scooters and motorcycles, witnessing a massive twelve-fold growth compared to 255 units sold a year ago in November 2020. The company says the massive growth w
When and How to average Stocks ?

When and How to average Stocks ?

December 05, 2021 Analysis / Averaging
When and How to average ? Though the broad basedstock indices are down by about 6% from the 52 week highs, many stocks specially from the mid and small cap category are down by 15% to 20%. Since last 18 months the stock indices moved upwards only and investors are sitting on good liquidity to average down the existing stocks. Investors are often confused as to when and how to average. First things first, averaging should be resorted only if there is a scope for further increasing the weightage of the stock in your portfolio. Also, if you are using Stop Loss and the stock is near to Stop Loss then avoid averaging. Averaging should be performed based on percent changes and not on absolute change in shareprice. When to average? If the investment horizon is less than 24 months then better avoid resorting to multiple averaging, as the probability of bounce back are limited. If the investment horizon is more than 24 months then it makes sense to keep averaging, as and when the op