India Infoline Finance Ltd NCD

India Infoline Finance Ltd NCD

India Info line Finance Ltd is coming up with non convertible debentures.  The issue period starts from 17th Sept, 2013 & ends on 4th Oct, 2013. The issue size is 525cr with a green shoe option of another 525cr which means India infoline can take 1050cr by issuing these NCD's. The minimum investment is Rs. 5000 where you will get 5 NCD of Rs. 1000 each. ICRA rating for India Infoline NCD is AA which means company is relatively stable.

Who can apply

• Institutional - 40%
• Non Institutional - 10%
• Unreserved Individual - 10%
• Reserved individual - 40%

Interest Info

India Infoline is giving these NCD for 36 & 60 months. 12% interest on yearly & monthly mode is given to the holder of the NCD's. The net yield in monthly interest comes to 12.68.

Recommendation

I would recommend all of you to invest atleast 10% of your entire investment inIndia Infoline Finance Ltd NCD's as the company is safe and interest given by the company is good.

I want the Earth plus 5 percent

I want the Earth plus 5 percent

I want the Earth plus 5 percent is an amazing documentary which gives you the details of how did money system came? How did gold, silver, paper, plastic, barcode were and will be used for exchange. I loved this documentary and so i am sharing it to you all.

Watch it and comment if you like it

Buy Colgate Palmolive with a target of Rs.1500

Buy Colgate Palmolive with a target of Rs.1500

Colgate Palmolive has been showing upward trend since last few days. The PAR is showing positive result which indicate that colgate is going to move up in near future. MACD is about to give you positive trend. The momentum has also become positive.

Subscribe to my blog for regular updates on stock market news

Sell Titan Industies with a target of 238

Sell Titan Industries

Fundamentals

Titan has been showing very weak trend since last year. The stock has been following because of the volatility in gold price. With the economic condition of country not being the best. It is recommended to be away from this stock for short term and enter this stock when the gold prices become stable.

Technicals

Technically Titan is showing weak trend. EMA and MACD both giving a negative cross over. click below to see the chart

Subscribe to my blog for regular updates on stock market and many more news

 

Buy Maruti with a target of 1500

Buy Maruti Suzuki with a target of 1500

The market has responded well to the government new FDI policy which has helped Maruti. I stay positive for maruti as the july month sales were above expectation. Slowdown has affected all the company in this sector but Maruti's car sale has gone up which is a green signal. I recomemd to buy Maruti with a target of 1500.

The technical indicators are show positive trend. The price line is about to touch the 20 day EMA line. MACD has already given a cross over.