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Who is the Husband of CA Rachana Ranade?
CA Rachana Ranade Family Details Drawing the media attention to her YouTube posts, Rachana Phadke Ranade is a seasoned chartered accountant professional. Having made a deeper progression into digital media, a profound YouTuber, an entrepreneur. She runs a digital education company where she teachesRead more
CA Rachana Ranade Family Details
Drawing the media attention to her YouTube posts, Rachana Phadke Ranade is a seasoned chartered accountant professional.
Having made a deeper progression into digital media, a profound YouTuber, an entrepreneur.
She runs a digital education company where she teaches stock fundamentals to beginners and the same is extended over YouTube.
CA Rachana Ranade Husband & Children
Born on 26 June 1986, Pune, Maharashtra, India, and the 36 years old Rachana is happily married to Akshay Ranade, a Chartered Accountant, by profession on 11 June 2011.
The couple is blessed with a child, Mr Megh Ranade. Her brother Sri. Rajesh Phadke is also an Indian Business man.
Rachana Ranade Bio/Wiki:
Born in a middle-class family on June 26, 1986, Rachana’s Zodiac Sign is Cancer, believes in the Hindu faith and the nationality of the Indian Republic.
As a resident of Pune, Maharashtra, India, Rachana became the most popular YouTuber by making strides in the field of money and stock markets.
In addition, she delivers her expertise in enhancing business concepts, and marketing techniques for major firms.
Rachana Ranade Educational Profile
Rachana Ranade held an outstanding academic record throughout her career and one can get a brief note of her schooling, college, and CA/PG. Rachna Ranade attended her school at Abhinava Vidyalaya English Medium from 1990 to 2002.
Further, she joined Brihan Maharashtra College of Commerce from 2002 to 2007. Then, Rachana appeared for an examination at the Institute of Chartered Accountants of India in 2008. In 2009, she joined a three-year Master’s degree in business studies that lasted till 2011.
Rachana Ranade’s Digital Social Presence:
To reach her readers, the highly decorated Youtuber, Rachana Ranade utilizes channels existing on the Internet such as Twitter, Instagram, and Facebook.
Readers can get in touch with her twitter account and she is assigned with @ca_rachanaranade an Instagram handle.
She makes the best use of the features awarded on social apps such as Facebook, Twitter, and Instagram. Her accounts on these social platforms manage images, videos on finance related to various stock market topics.
Her blogging account is full of travel information and posts relevant travel photos. Her accounts on different platforms like Instagram account (892k followers), Facebook account (48K followers),and Twitter account ( 176K followers).
Rachana hosted her Youtube channel on March 10, 2009 and is a specialist in providing education on stock markets. Till date, the Youtube channel has subscribers of over and above 4.25 million.
See lessHow Much Does CA Rachana Ranade Earn from YouTube?
Rachana Ranade's YouTube Income Rachana Ranade a Youtuber by profession has established 1.5 million subscribers, beginning in 2015. Her videos earn somewhere between INR 5,000 and INR 7,000 USD every month. Currently, her net worth is $300K USD. With a pretty impressive business track record in educRead more
Rachana Ranade’s YouTube Income
Rachana Ranade a Youtuber by profession has established 1.5 million subscribers, beginning in 2015.
Her videos earn somewhere between INR 5,000 and INR 7,000 USD every month. Currently, her net worth is $300K USD. With a pretty impressive business track record in educating individuals on stock market trading, the lady has acclaimed good recognition.
Looking at her achievements, many found interest in her profile. Therefore, in the interest of the readers, the below lines provide information on her career, personal profile, achievements, recognition, and more.
Multiple Income Sources
Rachana generates her income through several digital channels and the most prominent ones are YouTube, Advertisements, Promotions, and Collaboration.
She hosted digital stock market-related courses and course participants notified her that she was the best in finance and stock market analytics.
The financial website contains t-shirts, calendars, and power banks. However, the website runs paid educational services, highly informative blogs, and e-commerce-related items on sale.
Income from Website Tutorials
Rachana created an ever-expanding website that established its mark in the digital learning platform in the field of stock markets. Course participants can take Rachana’s learning sessions and also gain access to a big store of course repositories in a digital form.
Students can get in touch with recorded videos on topics of finance like stock markets, etc.
The website is a composite of courses, blogs, and stairway to personal finance.
Although Covid 19 pandemic was a big hindrance for offline classes, the digital platform proved highly beneficial. Many individuals began to participate in Rachana’s Channel to gain knowledge.
The participants took digital courses relating to IPOs, stocks, and mutual funds investments. The demand for those stock market courses grew exponentially. In this course, her Youtube video discourses became a supportive source to comprehend stock market fundamentals.
Professional Career
Rachana possesses an unparalleled professional competence as an entrepreneur she hails to be one of the leading digital education providers in the field of finance – stock markets.
To begin with, in the early years of her professional career, she took care of conducting the tests for CA IPCC students and senior college students.
Rachna Ranade is a multifaceted professional having expertise in teaching, CPA, and YouTuber, and has scaled up more than ten years in auditing in continuance.
As a YouTuber, in her channel, one can participate in updated market trends, saving, finance, and other relevant topics.
Before turning to Entrepreneurship as an independent certified public accountant, CPA, Rachana Ranade signed up with Deloitte & Touche India as an auditor.
Achievements:
Rachana Ranade makes an active presence on news channels like NDTV Profit, and Forbes India.
In the segment of extracurricular activities, Rachana Ranade won the Miss India competition along with Miss Photogenic, organized by CGMA in 2016.
With the aid of a digital platform, Rachana has provided coaching over and above 10,000 course participants in a decade.
See lessWhat are the Powers & Functions of SEBI in Stock Market?
The Powers of SEBI in the Indian Stock Market Established on April 12 1988 as an executive body, the SEBI was provided with statutory powers on January 30 1992 and it was issued through the SEBI Act, 1992. The Securities and exchange board of India regulates securities and commodity markets functionRead more
The Powers of SEBI in the Indian Stock Market
Established on April 12 1988 as an executive body, the SEBI was provided with statutory powers on January 30 1992 and it was issued through the SEBI Act, 1992.
The Securities and exchange board of India regulates securities and commodity markets functioning under the control of the Ministry of Finance, Govt of India.
The SEBI is entrusted with three specific powers quasi-legislative, quasi-judicial, and quasi-executive.
SEBI holds the Securities Appellate Tribunal, a three-member tribunal headed by Justice Tarun Agarwala, former chief justice of the Meghalaya High Court.
The second appeal is directed to the Supreme Court.
SEBI plays an active role in making the investors/financial instruments/brokerage firms disclose the essential requirements. It does the best in establishing the International Standards.
Powers Entrusted to SEBI for Proper Functioning:
SEBI is the regulating agency that looks into the activities conducted by various agencies in retrospect to the Stock exchange.
The SEBI has the power to approve the by-laws of the securities exchanges.
The security exchange can amend their by-laws, and seek an inspection of books of accounts, and periodical returns only after obtaining approval from the SEBI.
The SEBI is authorized to inspect the books of accounts of financial intermediaries.
The SEBI can recommend companies list their shares at security exchanges, such as BSE, NSE, etc.
The SEBI scrutinizes the registration of brokers and sub-brokers in relation to the stock exchanges.
SEBI Shares Date Under Close Guard
Academicians, researchers, and analytics do require data that is contained with SEBI.
The data is utilised by various external agencies to suit their purpose and SEBI has framed a policy of data sharing for that matter.
Data Sharing Policy aims at streamlining the prevention of data misuse from unauthorized access, and data protection procedures.
Any agency/individual seeking data must follow the regulatory requirements as per the set norms.
Those must also stand by the assigned ethical usage of the data.
The data seekers should sign an undertaking that defines the non-exposure of confidentiality, and non-disclosure.
The data that is shared with the data seekers shall not be prior to two years old.
See lessWhat is the Role of SEBI in Stock Market Regulation?
SEBI Plays a Prominent Role in Stock Market Regulations Investors in the Stock Market need protection and also need better development of the stock markets in India. Securities and Exchange Board of India, SEBI since its formation in 1988 has undertaken several activities. The most important are safRead more
SEBI Plays a Prominent Role in Stock Market Regulations
Investors in the Stock Market need protection and also need better development of the stock markets in India. Securities and Exchange Board of India, SEBI since its formation in 1988 has undertaken several activities.
The most important are safeguarding the interests of the investors, maintaining a high degree of transparency, and developing efficiency in securities markets.
Key Functionaries of SEBI:
SEBI is a regulatory authority assigned to securities markets in India.
SEBI authority covers market stakeholders such as listed companies, stock exchanges, investors, advisors, and brokers.
The SEBI conducts its operations through proper regulations thus resulting in transparency, accountability, and fairness in the security markets.
The regulatory authority looks into the activities such as disclosure requirements, market manipulations, inside trading, etc.
Investor Protection Measures:
SEBI performs its best to protect investor interests in security exchanges.
It checks on the disclosure requirements and a comprehensive financial report on the company’s performance. The company should release the Corporate Governance issues and relevant matters.
SEBI lays its quasi-executive powers and maintains strict norms for auditors and credit rating agencies.
SEBI does regulate the mutual funds and portfolio managers. It benchmarks high standards for them to maintain professional competence.
SEBI has taken initiatives in which an investor is educated about their entitled rights and responsibilities. It enables investors to make better investment decisions on information.
SEBI needs to take active participation in various interests of issuers, intermediaries, and investors.
Cooperation between Regulatory Bodies:
Different financial regulatory bodies operate in the Indian stock markets in accordance with the purpose for which they are laid down.
Institutions like the Reserve Bank of India, the Ministry of Corporate Affairs, etc. employ policies and regulations that are in line with the regulatory framework of the established norms.
SEBI operates in association with those regulatory bodies and becomes prominent by benefiting stakeholders.
SEBI has to work closely with other regulatory bodies, such as the Reserve Bank of India and the Ministry of Corporate Affairs. It is to ensure that its policies and regulations are aligned with the broader regulatory framework in the country.
SEBI Key Role in Brief:
SEBI Plays a Key Role in Benefiting Stakeholders like investors, stock brokers, financial institutions, etc.
SEBI is a regulatory authority, that strengthens the operations in securities exchanges.
SEBI takes challenging features like educating the investors by promoting all essential courses.
SEBI aims to maintain total transparency, operate efficiently, and maintain a resilient security market in India.
SEBI Board Constitutes
SEBI’s board is held by Ms. Madhabi Puri Buch, Chairperson, and the other members in the category of whole-time members, and part-time members.
Currently, besides the chairperson, both the whole-time/part-time members are selected under section 4(1)(d) of the SEBI Act, 1992.
The chairman of the SEBI is nominated by the Union Government of India, two members are officers from the Ministry of Finance, and one member is from the Reserve Bank of India.
In fact, the Union Government of India nominates five members and of them, three members are whole-time and remaining hold part-time posts.
SEBI Location:
Headquartered in the district of Bandra Kurla Complex in Mumbai, and holds regional offices in New Delhi (Northern), Kolkata (Eastern), Chennai (Southern), and Western (Ahmedabad).
Further, the SEBI has offices located in Jaipur and Bangalore, and in the financial year 2013-14, Gauhati, Bhubaneshwar, Patna, Kochi, and Chandigarh were set up.
See lessWhat are the Advantages and Disadvantages of an IPO?
The following are a few advantages and disadvantages to the listing company when they go for an IPO issue. Advantages of the IPO Listing: You can pool in funds to improve equity invest in diverse aspects and enlarge the business activities. Your obtained capital from public funding keeps you alert iRead more
The following are a few advantages and disadvantages to the listing company when they go for an IPO issue.
Advantages of the IPO Listing:
You can pool in funds to improve equity invest in diverse aspects and enlarge the business activities.
Your obtained capital from public funding keeps you alert in spending carefully on project layouts.
Your IPO projections can increase exposure, and amend your public image. In addition, you can invest in skilled resources enable stronger management, and encourage liquid equity participation.
You can make acquisitions in exchange for your company’s shares of stock.
Your acquired capital through IPO listing can be put to financing opportunities such as equity, convertible debt, gain cheap bank loans on credibility, etc.
The taxation laws permit you to seek tax receivable agreements and the benefit is extended when you are on record as a pre-IPO owner.
Disadvantages of the IPO Listing:
Your business activities will be under legal scrutiny, and accounting and marketing costs shall be reviewed by SEBI.
You will have to make a financial disclosure of your business activities.
Your management will have to contribute a reasonable time to the ongoing business activities, and effort, and be attentive.
When executing risky business operations, exclusive funding shall not be allowed.
Certain business issues that are kept confidential will become public dissemination thus sensitizing your business operations.
With the inclusion of newer shareholders, there is a likelihood of losing control of the management issues.
On making your company go public, there can be an increase in the risk of litigation. In addition, it can create private securities class actions, along with shareholder derivative actions.
See lessWhy Do Companies List on the Stock Exchange?
Why Do Companies List on the Stock Exchange? Initial Public Offering, IPO comes into play for a company when it is in the process of expansion of its operations in the respective field. It approaches investor companies/ promoters/general public to secure higher levels of the capital market. CapitalRead more
Why Do Companies List on the Stock Exchange?
Initial Public Offering, IPO comes into play for a company when it is in the process of expansion of its operations in the respective field. It approaches investor companies/ promoters/general public to secure higher levels of the capital market.
Capital market investment is the most important aspect for a businessman and after a stage, you would approach financial institutions for support. And, later when your business levels increase by leaps, you will tend to approach promoters/retailers in the open market for funds.
To obtain funds from the general public and promoters you will have to register your company at the stock exchange (BSE/NSE).
Before listing your company on IPO at the stock exchange, it will have to fulfill certain obligations. The company must have projected a profit margin of 15 percent every year, and in addition, the company should satisfy the conditions of the stock exchange.
Your company must open with a precise red herring for the promoters/retailers that speak transparently about the financial aspects of the institution.
In a nutshell, you will seek to obtain an IPO at the stock exchange to reach the promoters, and public for financial investment to expand the capital market base.
Section of the Business Communities Utilising IPO
You may be a small, or medium enterprise with sound financial and operational fundamentals or plan to expand an existing business in a massive way. In all cases, you must approach an IPO to acquire fresh capital investments.
Technically speaking, the acquired funds through IPO can be utilized in finance research, spend on capital expenditure, clear debts, and enter into new avenues of business operations.
The IPO listing will open up the scrutiny of the company’s funding operations after getting listed on the stock exchange. It refers to the company’s equity, bond instruments, etc.
The IPO-listed company attracts the attention, maintains transparency, and obtains market credibility.
An unlisted company offers an initial public offering, IPO, to sell the securities in the public market. In case you are issuing an IPO for the first time, then the primary market shall deal with new securities.
A company that enters into IPO transactions in the primary markets does issue two kinds of shares namely fixed price offering, and book building offering, and is termed as the issuer.
Fixed Price Offering is the price at which the company issues the shares at the IPO on the stock exchange.
Book Building Offering is the price at which the company initiates an IPO. The price is a 20 percent band on the stocks to the investor. If you are interested in making an investment then you are free to bid the shares much before the final price is fixed.
You have an option to issue additional common shares after the IPO listing in the BSE/NSE. There are several ways to issue common shares to the corporates and one such way is through follow-on offering. This kind of offering allows the company to obtain capital for different corporate purposes through the release of equity issuance.
Thus, you can raise corpus funds to utilize in the building of capital from the public markets. Raising the money from the public quickly through IPOs becomes a prime cause to go public.
Careful Analysis is Essential before Investing in an IPO:
You can make a decent earning on the IPO investment provided you hold a certain level of expertise.
Before making a decision on an IPO investment, you must read the company prospectus and the red herring in a detailed manner.
Check in the detail that speaks about the purpose of raising stocks in the IPO markets. In fact, it reflects the layout of the business operations in brief.
You must have a clear sight of the financial metrics of the IPO and ascertain the opportunities.
See lessWhat is NATO?
How does NATO Function? I will try to explain the basic objectives of its formation, working structure, activities, fundamental roles, and partnerships with other nations, and international institutions. Fundamental Role of NATO: NATO plays a fundamental role that guarantees the freedom and securityRead more
How does NATO Function?
I will try to explain the basic objectives of its formation, working structure, activities, fundamental roles, and partnerships with other nations, and international institutions.
Fundamental Role of NATO:
NATO plays a fundamental role that guarantees the freedom and security of its member countries in the political and military domain.
NATO contributes military forces on a voluntary basis to its member states and very few permanent forces are involved in the military role play.
However, NATO has an organized military command structure, and the alliance conducts the military implications after seeking a political consensus from the North Atlantic Council.
Partnership:
NATO entertains partnerships with global nations and it has conducted its operations on various political issues by partnering with specific nations to have productive results.
For Instance,
Partnerships for peace include Armenia, Austria, Azerbaijan, Belarus, Bosnia, and Herzegovina, Finland, Germany, Kazakhstan, Kyrgyz Republic, Malta, Republic of Moldova, Russia, Serbia, Sweden, Switzerland, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
Mediterranean Dialogue included Algeria, Egypt, Israel, Jordan, Mauritania, Morocco, and Tunisia.
The Istanbul Cooperation Initiative was partnered with Bahrain, Kuwait, Qatar, and the United Arab Emirates.
NATO has Global Partners that include countries like Afghanistan, Australia, Colombia, Iraq, Japan, the Republic of Korea, Mongolia, New Zealand, and Pakistan.
NATO works in association with global organizations such as the United Nations, European Union, Organisation for Security, and Co-operation in Europe.
Important Note:
In the process of partnership to achieve the set objectives, the partner countries do not have the same level of decision-making authority as the member countries of NATO.
NATO Membership:
NATO member nations are listed below and the year is next to every country. It defines the year of becoming a member.
Basic Points Underlying the NATO Activities:
NATO’s member nations participate in a political and military alliance, incorporating a collective defense activity to support its needy members. Strengthen the transatlantic link and continue with the 2022 strategic concepts.
While functioning NATO does include decision-making, engaging consultations, undertaking operations, and empowering missions.
NATO provides security in day-to-day lives and tries to create well-being in the member nations. However, the organization relentlessly works to guarantee freedom and security by engaging itself in political dialogue and military operations if necessary.
Political Upfront:
Through the process, NATO functions in a democratic framework, and the council enables the members to interact on various issues.
It engages dialogues on defense cooperation, builds a healthy relationship based on trust, and promotes conflict management for a long-term relationship.
Military Upfront:
This section of NATO plunges into action if peace resolution fails and a critical conflict arises. The military power shall take over the crisis-management operations. To initiate any military offensive action, NATO works under the defense clause, Article 5 of the Washington Treaty. In addition, it can also work under the United Nations mandate, in cooperation with non-member countries, or international organizations.
The defense clause of Article 5 of the Washington Treaty states that an attack on any member of NATO will directly mean to be an attack against all.
The defense clause of Article 5 was invoked after the occurrence of the 09/11 terrorist attacks in the United States in 2001.
Working Structure @NATO
NATO consists of an International Staff under the Secretary-General that undertakes the administrative activities. The entire activities are broken into two components, NATO delegations, and military representatives.
NATO Delegation:
It contains the Nuclear Planning Group and North Atlantic Council. Further, the Subordinate Committees undertake the instruction from the nuclear planning group, and North Atlantic council and complete the assigned tasks.
Military Representatives:
It constitutes a military committee with international military staff, further the delegation activity progresses into allied command operations, and allied command transformations forming an integrated military command structure.
See lessWhat Does NATO Stand for?
What does NATO stand for? NATO stands for North Atlantic Treaty Organisation, NATO, was created to counter the USSR’s Aggressive Movement towards European Nations by the United Kingdom, and France at Durkin in 1949. Steadily, several countries began to join NATO and till date, 30 states have becomeRead more
What does NATO stand for?
NATO stands for North Atlantic Treaty Organisation, NATO, was created to counter the USSR’s Aggressive Movement towards European Nations by the United Kingdom, and France at Durkin in 1949.
Steadily, several countries began to join NATO and till date, 30 states have become its members. In addition, Finland, Hungary, and Ukraine have lined up to seek NATO membership and are waiting for the member states’ approval. Currently, Jens Stoltenberg is the Secretary General of NATO and North Atlantic Council is the most powerful top political decision-making body of NATO.
Currently, NATO is an alliance of about 30 countries belonging to Europe and North America. In fact, it forms a single link between two continents to serve a purpose.
It establishes cooperation between member countries in the field of defense/security and engages operations through a multinational management crisis system.
Strategic Concept
It sets a blueprint to fulfill the core tasks, principles, and values in complete alliance. The concept relating to environmental security and the alliance’s strategic objectives for the upcoming decade.
Fundamental Role of NATO:
NATO plays a fundamental role that guarantees of the freedom and security of its member countries in the political and military domain.
NATO contributes military forces on a voluntary basis to its member states and very few permanent forces are involved in the military role play.
However, NATO has an organized military command structure, and the alliance conducts the military implications after seeking a political consensus from the North Atlantic Council.
See lessWhat is the Market Cap of Pyramid Technoplast IPO?
Pyramid Technoplast Limited IPO The company plans to open the IPO issue on August 18, 2023, and close on August 22, 2023, and to be listed at BSE, and NSE. The face value per share is 10, and the proposed bandwidth of the IPO share price is 151 - 166, with a lot size of 90. The company aims for a puRead more
Pyramid Technoplast Limited IPO
The company plans to open the IPO issue on August 18, 2023, and close on August 22, 2023, and to be listed at BSE, and NSE. The face value per share is 10, and the proposed bandwidth of the IPO share price is 151 – 166, with a lot size of 90. The company aims for a public fund of 153.05 Cr from this IPO issue.
Issue Type/Total Issue/Fresh Issue/Offer for Sale
A kind of Issue the company shall be hosting is known to be a built Issue IPO, and the promoters do possess shares of 31,284,800 during the issue and the figures shall rise to 36,784,800 in post-issue scenario.
Some of the prominent IPO details are total issue size (9,220,000 shares), fresh issue (5,500,000 shares), and Offer for Sale (3,720,000 shares), and correspondingly these ‘issue sizes’ sum up to 153.05 Cr, 91.30 Cr, and 61.75 Cr.
Lot-size Allotment for Retail/S-NHI/B-HNI
The IPO issue applicants can belong to the Retail/S-NHI/B-HNI category and for them, an application can be applied for the minimum or maximum number of shares as defined in the lot size.
Here, in the IPO issue, each lot shall contain 90 shares aggregating to 14,940. For Retail, the minimum lot size is 1(14,940), and the maximum lot size is 13 (194,220), similarly, for S-NHI the minimum lot size is 14 (209,160) and the maximum lot size is 66 (986,040). For B-NHI the minimum lot size is 67( 1,000,980) and no maximum lot size is placed in the allotment procedure.
Of the net offer, the company offers retail shares equal to or more than 50 percent, and QIB shares equal to or less than 30 percent, likewise, in the case of NII shares, the company offers shares up to 20 percent or more than.
List of Promoters
The company is promoted by several notable personalities and firms of society and they can be listed as Pushpa Devi Agarwal, Madhu Agarwal, Bijay Kumar Agarwal, Jaiprakash Agarwal, Yash Synthetics Private Limited, and Credence Financial Consultancy LLP. These promoters hold 100 percent of shares and post issue their share holding capacity will trail to 74.94 percent.
Lead Manager/Registrar: Pyramid Technoplast Ltd
In the IPO issue, Pyramid Technoplast Ltd, has assigned the lead manager role to PNB Investment Services Ltd, and First Overseas Capital Ltd.
The matters of IPO issues like shareholder record maintenance shall be managed and controlled by Bigshare Services Private Ltd, the registrar to the issue.
Consolidated Financials of Pyramid Technoplast Limited (FY, 21,22,23)
Event Timetable:
Like any other company, Pyramid Technoplast Limited got permission to go public to float shares in the National Stock Exchange, NSE. In this issue, the company has released an event timetable that details the process of the IPO issue in six simple steps.
Genesis of Pyramid Technoplast Ltd:
Polymer Manufacturers & Business Clients:
A specialized manufacturer of polymer-based molded products, Pyramid Technoplast Ltd, was established in 1997 and in a short, time, received certification from the United Nations for its contribution to polymer-based products such as Intermediate Bulk Containers (IBC) and MS safety drums that are much more suitable on safety standards.
To their merit, Pyramid has a basket of industries as their clients to whom they support in providing polymer-based packaging solutions. You can list them as follows: JSW Group, Asian Paints, Patanjali Group, Gujarat Alkalis & Chemicals Ltd ( GACL), Apar Group, Adani Wilmar Ltd, Alkyl Amines, United Phosphorus ( UPL), Deepak Nitrate, & Apar Group.
Business Domain:
The company supplements the needs of several well-established industries mainly, in the packaging and transportation activities by adopting bulk packaging drums and intermediate bulk containers.
MS polymer drums are functionally applied in the areas of packaging industries like chemicals, pharmaceuticals, agrochemicals, and specialty chemicals. The containers are utilized to protect the volatile material and the industrial chemicals causing corrosion.
Pyramid’s Manufacturing Units:
The company holds six manufacturing units, four are located in Gujarat Industrial Development Corporation ( GIDC), Bharuch, Gujarat. The remaining two manufacturing locations are Silvassa, Dadra & Nagar Haveli.
Shortly, the company plans to build a seventh manufacturing unit in GIDC, Bharuch, Gujarat.
Manufacturing Plant Capacity:
Pyramid Technoplast Ltd has a total polymer drum manufacturing capacity of 20,612 MTPA, likewise, the total manufacturing capacity of the IBC is 12,820 MTPA and the MS drums manufacturing capacity is 6,200 MTPA.
Comparison with their Peers
In the polymer manufacturing businesses, there are several companies in this sector holding a better performance and they can be analyzed through parameters such as EPS, NAV per share, P/E(x), and RoNW.
Some of the prominent companies that fall close in competition to Pyramid Technoplast Limited are Time Technoplast, TPL Plastech Limited, and Mold-Tek Packaging Limited.
See lessHow to Earn 5000 Rs Per Day from Share Market?
Earn 5000 rs per day from Intraday The stock market remains open for 250 days in a year. On a daily investment of INR 1,00,000, you can get a return of 105000 provided you find an increase of 1.05 percent on sold stocks in intraday trading. Likewise, if you continue to earn a daily 1.05 percent profRead more
Earn 5000 rs per day from Intraday
The stock market remains open for 250 days in a year. On a daily investment of INR 1,00,000, you can get a return of 105000 provided you find an increase of 1.05 percent on sold stocks in intraday trading.
Likewise, if you continue to earn a daily 1.05 percent profit on 1,00,000 for 1 year then you will have made a profit of INR 1,250,000.
Is it possible to make a consistent profit daily for a year? The answer is yes, said by stock experts.
You can achieve a target of earning INR 5000 per day on a 1,00,000 investment by following simple steps.
The below lines relate to the selection of stock for purchase, and the utilization of technical tools for the precise identification of stocks. In addition, the significance of the stop loss concept, and key points are to be borne in mind when conducting intraday trading.
If you find an increase in stock price by at least 3 percent for three consecutive days then you can try to fetch that specific stock for a purchase.
For instance, in the second week of July 2023, Mazagon Dock Shipbuilding company had a share value of INR 1591.9 with a weekly change of 23.5 percent continuous rise in the stocks. And, the average stock rise per day is 4.7 percent and hence such a stock should be preferred for buying.
See less