GOCL ( Gulf Oil Corporation ) Gulf Oil Corporation (GOCL) is engaged in manufacturing industrial explosives, mining products, lubricants, specialty oils and chemicals, active pharma ingredients (bulk drugs), and pharma formulations. About Gulf of India The Chemical Hub of Hinduja Group was created with Gulf Oil India Limited merging with IDL Industries Limited from 1st January 2002. The merger has enabled the Company to leverage the large marketing networks of lubricants and industrial explosives businesses and achieve a turnover for the financial year 2008-09 of Rs.1000 crore (US$200 million). Exports accounted for 5% of the turnover. IDL Industries Limited was renamed GULF OIL Corporation Limited with the merger of Gulf Oil India’s business. A property Development Division was started in the Company in 2006. With effect from 1st April 2008, the business of specialty chemicals Division has been transferred to a 100% subsidiary – IDL Speciality Chemicals Limite...

What is 5 G Technology? 5G is the latest wireless technology that supports speeds up to 1 Gbps and latency up to 1 milli-second. It is used for supporting high-speed broadband Internet and applications that demand high speeds/low latencies such as video streaming, gaming, mixed-reality, and autonomous cars. 5G supports both voice calls and data transfers. Important Advantages High resolution and bi-directional large bandwidth shaping. Technology to gather all networks on one platform. More effective and efficient. Technology to facilitate subscriber supervision tools for quick action. Most likely, will provide huge broadcasting data (in Gigabit), which will support more than 60,000 connections. Easily manageable with the previous generations. Technological sound to support heterogeneous services (including private network). Possible to provide uniform, uninterrupted, and consistent connectivity across the world. Disadvantages of 5G Technology Technology is still...

Important things to keep in mind. Importance of Quarterly Results Firstly, let us understand the importance of ‘Quarterly Results’. The shareholders of the company have put their hard-earned money into the company. So, they must know about the affairs of the company. However, they can not have access to the books of accounts of the company. This is because only and only the management of any company can access the books. Hence, to give a snapshot of a company’s financial performance, listed companies are required to publish ‘Quarterly Results’, which are available in the public domain. Also, before we start the details, one must have a basic understanding of ‘Financial Year’ and ‘Quarters’. A financial year normally starts from 1st April and ends on 31st March the following year. This is divided into 4 equal periods, each one is a ‘Quarter’, consisting of 3 months. Q-1 is a period from 1st April to 30th June, Q-2 is a period from 1st July to 30th September, Q-3 is a p...

Understanding the Business The company makes just two products: Tyre bead wire High carbon steel wire It derives major revenue from ‘Tyre bead wire’ which accounts for 89% of total capacity and 91% of revenues. For the uninitiated, ‘Tyre bead wire’ is the soul of every tyre. It is core to the safety of tyre use; it holds the tyre to the rim, enhancing product safety. The product is mature and its application has been unchanged for more than five decades. Hence, it is unlikely to see any replacement in the years to come. Application of the Product Tyre bead wire is used in all types of tyres for automobiles, earth moving equipment, aircraft, cycles, passenger vehicles, two-wheelers, three-wheelers and truck bus radials. The other product, i.e High carbon steel wire plays a vital role in industries like automobile, construction and engineering. Bead wire 3% of the cost of a tyre. So, even though its share is less, it is still a very critical component for a good q...

India's sugar export rose 20 percent to an all-time high of 7.1 million tonnes in 2020-21 in the marketing year ended September 2021. India has surplus sugar production this year and is in a position to export. Higher sugar prices in the international market and surplus production in the country are big positives. "India has surplus sugar this year even though we have reduced from 14.5 million tonnes of opening stock two years back to about 8.5 million tonnes now. So at a time when Brazil, Thailand, and other countries don't have big surpluses, India has a surplus, world prices are very good and therefore even without a subsidy we are in a position to export into the international market and that is very big positives for India." Sugar Stocks and Percent Increase Today 4th October Avadh Sugar & Energy Ltd 7.08% Bajaj Hindusthan Sugar Ltd 4.98% Balrampur Chini Mills Ltd 7.19% Bannari Amman Sugars Limited 2.97% Dalmia Bharat Sugar and...

There are no fixed strategies or rules to make money in the stock market, which promise a trader consistent profit. To become a successful trader, a trader has to make his own rules and strategy in the market so that he can blame himself for profit and loss from the trade, not the market because the market is one all over India but millions of traders because of their rules and strategy. They make losses and profits, that is why when there is a loss in the market, do not stop working in the market, but have changed the rules and strategy of your trading. Investing in the stock market is subject to market risks, the market does not promise to make consistent profits but there are some well-known rules and strategies of successful people in the stock market that can help a trader avoid losses. By following the rules mentioned in this post, a trader can avoid huge losses, as well as some such rules and strategies, have been mentioned in the post, if a trader follows these rul...

Thirumalai Chemicals India Pvt Limited  was also ahead in terms of returns. The stock gave a 41.88 percent return last week. Its share rose from Rs 198.05 to Rs 281. That is, investors got a 41.88 percent return from this stock. The market cap of this company is Rs 2,877.11 crore. On Friday, the stock closed at Rs 281 with a gain of more than 17 percent. About :  Thirumalai Chemicals is engaged in the Business of Phthalic Anhydride, Food ingredients, and fine products, Fine and personal care ingredients. FUNDAMENTALS SHARE HOLDING SUMMARY PROS Company is expected to give good quarter CONS The company has delivered a poor sales growth of 2.92% over the past five years. The company had a low return on equity of 12.72% for the last 3 years. The dividend payout has been low at 12.39% of profits over the last 3 years

Have you ever invested in the stock market? Are you still dependent on Fixed Deposit? If your answer is yes then your money will never grow and you will have to work like a donkey for the rest of your life. Well, tell me how much the bank gives you in fixed deposits. I think 5 to 6 percent. But, if you invest this money in the stock market. Then you get a return of more than 20% to 100%. You will probably be surprised to know that more than 50% of the people in America invest in the stock market. But, hardly 10% of the people in India invest in stocks or mutual funds. Perhaps, the reason for this is that the middle-class people in our country consider it a gamble. But, a person from this middle-class family took the risk and proved that if you invest after doing full research in the stock market. Then you are sure to win. Share market is gambling for those who do not know how to invest in it. They jump into this blind well with half-baked information. Takes damage. Share mar...

If you also invest in the share market or are interested in news related to it, then you must have heard one word and that is IPO . If it is about this year or last year, then you must have heard this word not once or twice but many times. Although those who have been following the stock market for a long time, they will be aware of it, for new investors it can be a bit complicated. So let's know about it - Introduction to Initial Public Offering (IPO) IPO is a process through which a private company goes public by offering its shares to the general public. The company gives its shares to the public and collects funds in return. The company which offers its shares to the public is known as the issuer. The issuer offers its shares with the help of an investment bank. After the IPO, the trading of the company's shares starts in the open market. Why do companies go public? To raise capital - Whenever a company gives its shares to the public through IPO, then the ...

You must have known about the share market. But to earn money in the share market, you do not have to invest money for months. You can earn money by buying or selling shares everyday! This process is called intraday trading. Let us know what is intraday trading? What is intraday trading? Intraday trading means buying and selling of shares on the same day. As in share marketing, shares have to be bought for less money and sold for more money. Similarly, in intraday trading, you have to buy the stock and if the money increases in a short time, you have to sell the stock on the same day. Intraday trading is risky, no one can say whether the stock you bought will grow on that day or not. That's why most of those doing intraday trading are full time investors. Those who keep an eye on the monitor all the time, try to predict the prices of the shares. Now know what is intraday trading and how to do it. How to do intraday trading? To do intrada...