“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. Matthew 7:7-8

18 Jul 2019

STOCK MARKET--What do I do when stock price fall?/ Try this logistics.

When the stock price falls — you buy!
When the stock price rises — you sell!
If you are already in the stock (long) and the price falls — you sell and take a loss. Start fresh.
If you are not in the stock and it rises, and then begins to fall — you sell short!

14 Jul 2019

STOCK MARKET-- Why did the stock market not like the budget?

1.       The Promoters can keep maximum of 65% shares with them, rest 35% should be with public. Previously it was 75% and 25%. Most of the good Companies have Promoter holding more than 65% so lots of shares will be ready for sell. Since last one year Kotak Mahindra Bank got frustrated by selling huge numbers of shares by Promoters in open market.
2.      20% Tax imposed on Buyback offers. Generally to avoid Dividend Distribution Tax of @15% Companies were using the cash for Buyback. Now Tax on Buyback as well as maximum cap on Promoter holding will force Promoters to seek alternative routes to use surplus cash
3.      Government requested PSUs to purchase the Assets of NBFCs. At present NBFCs are trying their best to bring foreign investors to sell their Assets though with big discounts still the NBFCs are exploring the market. Now they will be relaxed.
4.      Government is infusing funds to PSUs but for Private Banks there is nothing to revive. Apart from that HFCs will be regulated by RBI instead of NHB.
5.      Surcharge in 2 individual income tax category ie 2 to 5cr @3% and 5cr and above @7%--Highest tax rate in India is 42%
6.      Cess of Rs 1 has been increased in Petrol and Diesel.
7.      All the above are directly related to stock market which will negatively impact the market. To woo the stock market there must be something which will increase the purchasing power of the common man, which will indirectly increase the consumption, will generate employment. But the budget seems to be prepared to empty the pockets of common people to fill the treasury of the Government. With empty pockets who has the luxury to buy electronic products name shares where there is no earnings visibility. These are the reasons stock market didn't like the budget

8 Jul 2019



Shivalik Bimetal Controls Limited is in the business of joining materials through different methods such as diffusion bonding, cladding, electron beam welding, solder re-flow and resistance welding. They can manufacture multi-gauge and multi-material strips. They primarily manufacture Shunts and Bimetals since 1985.

Thermostatic Bimetals: A strip consists of two or more layers of different alloys firmly bonded together. One layer of alloy having higher coefficient of thermal expansion compared to other layer. So when heated, alloys of different materials would expand to different lengths and would change the curvature of the strip without causing any damage to the bonding. This simple property can be used in many electrical applications where 1) Temperature Indication is needed; 2) Control of any parameter against temperature is required; 3) Where compensation in circuitry is required in adjustment to ambient temperature; 4) In application where heat is converted to mechanical energy. There are umpteen applications of Bimetals in electrical equipments like Circuit Breakers, Overload Relays, Energy Regulators, Light Flashers, Automatic Fuses, Pressure Gauges, Electric Iron, Coffee makers, Washing Machine, Baking Oven, Refrigerator, Water Heater, Fluorescent Light Starters and many similar areas. In Automotive, it’s used in Exhaust manifold Controls, Turn Indicator, Oil Pressure Gauges, Circuit Breakers, Oil Cooling Regulator etc. Quality Bimetal Strips are made of “Kanthal” Alloys and other specialized alloys as per requirement. “Kanthal” is the trademark of Iron Chromium Aluminium alloys made for wide range of Resistance and High Temperature Applications. Kanthal is the product of Sandvik group and made with specific heating technology provided by Sandvik. Shivalik has the Furnace bought from Kanthal - Sandvik which they purchased in 2010 when Sandvik sold one unit second hand. May visit www.kanthal.com 8 for more details about the product and technology. It is pertinent to note that Shivalik uses Hot Bonding Process as compared to most volume based Bimetal manufacturer who produce it by Cold Bonding Process. Advantage of Hot Bonding is long coil of material without welding and high bond integrity. Cold bonding needs subsequent sintering process to remove oxides and other impurities from metal interfaces to improve quality of bonding. It is unsuitable for critical high temperature applications.