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- Jesus answered, "The scripture says 'Man shall not live by bread alone, but by every word that proceeds from the mouth of God'."

31 Aug 2015


Hi ,    Dear Friends:   Debt Free Companies:     I have already explained the positives of debt free companies in the present market conditions, in my blog post dated 25.08.2015.  Readers please go through the article.  Here I furnish again the details of five more shares for the benefit of investors.

1.       Tata Elxsi Ltd.   Its market cap – 58.48 B.,  Total debt/equity (Recent) quarter – 0.00,  Revenue growth – (5 Yrs %) – 16.95, PAT Margin (%) – 12.01,  EPS – 37.83,  Dividend – 110%,  Face value Rs.10/-, Market cap – 5735.35 Cr.,  Book Value – Rs.91, Promoter Holding – 45%,  FIS Holding – 8.38%.
Tata Elxsi Ltd. is a subsidiary of the Tata Group and is head quartered in Bangalore.  It is  incorporated in the year 1989,   is a mid cap company operating in Information Technology.

2.       Jubilant  Food Works Ltd.  :  Market cap – 126.75B.,  Debt – 0.00,  Revenue Growth (5 Yrs.%) – 37.63,  PAT Margin (%) – 10.58,  PE – 88.15,  Market cap – 11022.53 Cr.,  EPS – 19.05,  Book Value – 102.25,  Face Value – Rs.10/-,  Promoter  Share Holding  - 49%,.Jubilant Food Works Ltd. incorporated in the year 1995 is a large cap company operating in food processing sector.  Main product – Pizza.

3.       Wim Plast Ltd.:  Market cap – 14.60B.,  Debt – 0.00,  Rev. Growth (5 yrs %) – 22.73,  PAT Margin (%) – 10.48,  Market cap – 1199.74,  EPS – 66.59,  Book value – 295.84,  Dividend – 100%,  Face value – Rs.10/-,  Promoter Holding share – 75%.
Wim Plast Ltd. incorporated in the year 1988 is  a mid cap  company operating in Plastic sector .  Key products – Plastic moulded goods, scrap.  It is a Daman & Diu based company.

4.       ABM Knowledgeware Ltd.:  Market cap – 2.18B., Debt -  0.00,  Rev. Growth – (5 Yrs %) – 16.78,  PAT Margin (%) – 21.33, Market cap – 182.12 Cr.,  EPS – 17.84,  Book Value – 86.15,  Dividend – 20%,  Face value – Rs.10/-,  Shareholding by promoter – 65%, FIS – 1.81%.
It is a software company specialized in e-governance, space entering into software and services business.  They are well known in India in e-governance.  It is a Mumbai based company.

5.       Castrol India Ltd.:  Market cap – 244.26B.,  Debt – 0.00,  Rev. Growth (5 Yrs.%) -  7.91,  PAT Margin (%) – 17.17,  Market cap – 21810.15 Cr.,  EPS – 11.75, Div. – 150%,  Face Value of share – Rs.5/-,  Share holding promoters – 71%,  FIS – 5.68%.
It is an automotive and industrial lubricant manufacturing company.  Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market.  Headquartered in Mumbai and founded in 1910.

Good Luck.                                                                  See you later. 


Hi Friends,  Please read the inspirational thoughts from Swami  Osho.
1.       “Each person comes into this world with a specific destiny – he has something to fulfill, some message has to be delivered, some work has to be completed.  You are not here accidentally – you are here meaningfully.  There is a purpose behind you.  The whole intends to do something through you.”
2.       “Drop the idea of becoming someone, because you are already a masterpiece.  You cannot be improved.  You have only to come to it, to know it, to realize it.”
3.       “Life begins where fear ends.”
4.       “Falling in love you remain a child; rising in love you mature.  By and by love becomes not a relationship, it becomes a state of your being.  Not that you are in love – now you are love.”
5.       “You feel good, you feel bad, and these feelings are bubbling from your own unconsciousness, from your own past.  Nobody is responsible except you.  Nobody can make you angry, and nobody can make you happy.”

6.       “Truth is not something outside to be discovered , it is something inside to be realized.”
7.       “I am simply saying that there is a way to be sane. I’m saying that you can get rid of all this insanity created by the past in you.  Just by being a simple witness of your thought processes.”
8.       It is simply sitting silently, witnessing the thoughts, passing before you, just witnessing, not interfering not even judging, because the moment you judge you have lost the pure witness.  The moment you say “this is good, this is bad,”you have already jumped onto the thought processes.
9.       It takes a little time to create a gap between the witness and the mind.  Once the gap is there, you are in for a great surprise, that you are not the mind, that you  are the witness, a watcher.
10.   And this process of watching is the very alchemy of real religion.  Because as you become more and more deeply rooted in witnessing, thoughts start disappearing .  You are , but the mind is utterly empty.
11.   That’s the moment of enlightenment.  That is the moment that you become for the first time an unconditioned, sane, really free human being.

Good Luck.                                                                          See you later.

30 Aug 2015


Hi   -    Dear  Friends,       I have shown below seven number of Fastest Growing Companies in India (2015).  It is believed that tapping fast growing companies early, will ensure maximum returns.  Share investors consider EPS growth rate as the most reliable stock indicator.  Investors love companies for which earnings per share (EPS) is growing fast.  If EPS is improving year by year (+growth), stock price will also rise at the same rate.  If EPS is diminishing (-growth) , stock price will also fall at the same rate.

After EPS, sales growth is another parameter that investors track the most.  EPS is a product of companies’ profit  (PAT).  It is difficult for company to improve EPS, if its turnover  is not improving.  Therefore turnover of the company is important.  A portion of companies’profit (PAT  or EPS) is distributed as dividends to share holders.  The balance profit which remains with the companies accumulates as companies’ reserves.  Reserve always  declared in companies’ balance  sheet.  Investors would like to see a continuously increasing  Reserve of a Company, Growing reserves  make companies more self reliant and also expect capital appreciation like Bonus issue, onetime additional dividend etc.  A company which has huge reserves do not depend on debt to finance its working capital.  Debt is a signal which temporarily improves companies’cash flow.  But in long run it increases companies’expense and hence decreases companies’ profits i.e. sales – (Expense +Interest on debt) =  Profit.

Details of Companies.

1. Eicher Motors Ltd. – Revenue Growth (LFY) -   73.13%,     EBITDA  Growth  (LFY) -  145.02,    EBITDA  CAGR  (5 Years)-    60.07,  PAT Growth(LFY) -  558.92,  PAT CAGR ( 5 years-   35.02  ,  EPS CAGR (5 years) %  -  34.07.
Eicher Motors Ltd. incorporated in the year 1982 is an Indian automaker company based in Gurgaon, India.  It is a subsidiary of Volvo ab Eicher Motors ltd,  is the flagship company of the  Eicher Group.

2.India Bulls Housing Finance Ltd.    Revenue Growth  (LFY)  22.04,  EBITDA Growth (LFY)  21.62,   EBITDA CAGR    84.23,  Profit after Tax Growth (LFY)   1510.00,  PAT CAGR  (5 Years)  80.49,  EPS  CAGR  (5 Years) %   51.43.
IHFL, incorporated in the year  2005, is a large cap company having Market Cap of Rs.28063.69 Cr.  operating in Finance Sector.  Its key products are Income from Financial Services (Housing Loan).

3. PTC India Financial Services Ltd.  Revenue Growth (LFY) – 90.77,  EBITDA Growth (LFY) – 9.97. ,   EBITDA CAGR  (5 Years) – 39.40,  PAT  Growth (LFY) 207.72,   PAT CAGR (5 years) – 41.18,  EPS CAGR (5 Years)  % - 39.84. 
PTC (I)  Financial Services Ltd. incorporated in the year 2006 is a Mid Cap Company having market cap of 2307.35 Cr. operating in Finance Sector.  It is a company expected a better future.

4.Sonata Software Ltd.  Revenue Growth – 39.91,  EBITDA Growth (LFY) 117.77,  EBITDA CAGR (5 Years) – 46.36,  PAT Growth (LFY) – 117.47,  PAT CAGR ( 5 years) – 51.11, EPS CAGR (5 years)% - 49.81.
Sonata Software Ltd is an IT Consulting and Software Services company founded in 1986 and headquartered in Bangalore.  Sonata Software Product Companies and enterprises in the travel manufacturing retail and distribution verticals.

5.HCL Technologies Ltd.  Revenue Growth (LFY) – 31.79,  EBITDA Growth (LFY) – 60.39,  EBITDA CAGR (5 years) – 39.29, PAT Growth (LFY) – 5984.62,  PAT CAGR (5 Years) 37.94, EPS CAGR (5 Years) % - 38.99.
HCL Technologies Ltd. is a global IT Services company  headquartered in Noida, UP  founded in 1976.

6.       Tree House Education and accessories Ltd.  Revenue Growth (LFY) – 37.94, EBITDA Growth (LFY) – 44.34,  EBITDA CAGR – 39.43,  PAT Growth (LFY) – 43.92, PAT CAGR (5 Years) – 36.70,  EPS CAGR (5 Years)% - 24.72.
Mumbai based pre-school chain Tree House Education & Accessories has continued to add value to its port folio.  The listed  company which posted a robust growth of around 38% in the financial year 2015.  Currently they have 612 Pre School centres across 88 cities  have entered into tie up with TCS, Jet Airways, Tech Mahindra, ICICI Bank and others to provide day care services to the children of their employees.  Company’s future is very bright.

7.       PVR Ltd.  Revenue Growth – 89.58 (LFY),  EBITDA Growth (LFY) – 81.27,  EBITDA CAGR – 29.13,  PAT Growth (LFY) – 57.87,  PAT CAGR (5 Years) – 28.78, EPS CAGR  (5 Years) % - 18.45.PVR Ltd. incorporated in the year 1995 is a mid cap company having market cap of 3800.93 Cr. operating service sector.  Their products include Films, Beverages and Food, Advertisement.  It is a Cinema Chain company in India.  Headquartered at Gurgaon.

Good Luck.                                                                  See You Later.


Hi Dear Friends,  Kindly understand the following quotes.1.        “Familiarity breeds contempt”.  When you are around someone for too long, you get tired of them and annoyed by them.2.       “You can’t judge a book by its cover.”  Things sometimes look different than they really are.  A restaurant that looks old and small might have amazing food , for example.3.       “Good things come to those who wait.” Be patient.  Eventually something good will happen to you.4.       “Don’t put all your eggs in one basket.” Have a backup plan.  Don’t risk all of your money or time in one plan.5.       “Two heads are better than one.”  When two people co-operate with each other, they come up with better ideas

.6.       “The grass is always greener on the other side of the hill.” People tend to want whatever they don’t have.7.       “Do unto others as you would have them do unto you.”8.       Ä chain is only as strong as its weakest link.” If one member of a team doesn’t perform well, the whole team will fail.9.       “Honesty is the best policy.” Don’t lie.10.   “Absence makes the heart grow fonder.” Sometimes it’s good to be away from your partner, because it makes you want to see each other again.11.   “You can lead a horse to water, but you can’t make him drink.” If you try to help someone, but they don’t take your advice or offers, give up.  You can’t force someone to accept your help.12.   “Don’t count your chickens before they hatch.” Your plans might not work  out, so don’t start thinking about what you’ll do after you succeed.  Wait until you’ve already succeeded, and then you can think about what to do next.13.   “If you want something done right, you have to do it yourself.” Don’t trust other people to do important things for you.  You have to do things yourself to control  the quality of the results.

   Good Luck.                                                                     See you later. 

29 Aug 2015


Hi Friends:   The dark secret of the modern stock market.    -    Back to the beginning and the smart looking strategies how to beat the market:  Will they not allow you to make money in the stock market?  The sad answer is, the private investors and their professional helpers are essentially fighting for a positive piece of a negative cake.  The odds are against the investor.  Planning the exit of all positions and selling regularly, in other words becoming a trader, would improve his situation.  Of course, this is not easy, either.  You are still facing the competition of the market maker and his many dirty tricks.  He has the advantage and you and other traders are still trying to eat a negative cake.  To overcome this tough environment a trading method or system is necessary.  Don’t expect to be able to fend off the systematic advantages of others with impulsive decisions.  Moreover, you have to have an edge.  At least some elements must set your trading apart from what others do.  The market constantly adapts itself to the wisdom of the crowd.  A working system has to meander around the various traps of the market and still center around a real imbalance and exploit it.  Traps and imbalances are hidden.  If they were obvious for everyone they wouldn’t exist.

From my experience I practiced a trading method, it is furnished below for your knowledge and followup action.  Select one or two good shares for your trade.  It is not a Day trade or long term investment.  This is hold and sell and  hold and sell method.  In the present market condition, market is always side way movements.  Even a day you experience, share going up at the same time it may go down also.  Therefore selection of share is very important.  I have selected IL&FS Investment Managers Ltd.  It is a debt free company.  Its dividend yield per year is 7.23% for the last 5 years.  Its present price down side is limited.  Suppose if you are not selling the shares and keeping it in your portfolio, you can earn dividend yield of 7.23%.  My trading method is like this.  Purchased price Rs.17.35.  Present rate is Rs.16.40.  Daily trading volume is 2,00,000/- to 3,00,000/-.  Holding 5000 shares.  Daily difference in share price is between 16.40 – 17.20.  At 10 A.M. I watch the counter,if it shows green signal – above +30 ps.  I buy 1000 shares in addition to my holding.  When at 2.30 P.M. – 3 P.M. if the price of share  comes to Rs.17.05, I sell 1000. After that I watch the market for 10 to 20 minutes, then if the price shows decrease signal to 16.90, I sell 5000 my holding.  At 3. O Clock  share price  shows 16.50,  I put my buy  order for 5000 @ 16.40.

 If it is not bought till 3.15 P.M., I cover the position at 16.50.  So your holding is safe with your hand.  This day’s total profit will be 16.75 x 1000 -17.05 x 1000   =  16,750 –17050   = Rs.300/- minus Commission Rs.30  =  Rs.270.   Again  5000x16.90 = 84500 minus  5000x16.50  = 82,500 = + 2000 minus Commission Rs.50/-  =  1950.  Total one day  270 + 1950  = 2220 profit.  No cash paid.  Your holding is safe  with you.  You can daily do business like this.  If suppose your selling price is going  up,  immediately  cover the position.  In my case I am selling the scrip and trading for the last three months.  Share selection is very important. Normally  Institutions or FIS are not interested in small cap shares.  Therefore, You may also find out a trading method.  Hold and sell and Hold and sell method is good for day traders.  Daily speculative trading commission is less @ Rs.0.012%.  But delivery commission is higher ranging from 0.50% to 0.90%.

Good Luck.                                            See you later.


Hi Friends:  Please go through the idioms and phrases and its meaning and study  it by heart so as to enable you to practice it in your daily life.

A Chip on your Shoulder -  Being angry about something that happened in the past ; a grudge.

A Dime a Dozen – When something is extremely common and simple to acquire.

A Fool and His Money Are Soon Parted – Someone acting foolish can easily lose his or her money through carelessness or trickery.

A Piece of Cake – A task that is simple to complete;  similar to the common phrase “as easy as pie”.

An Arm and a Leg- Something that is extremely expensive; an idiom meaning the price paid was costly, excessively so.

All Greek to Me – When something is incomprehensible due to complexity.

Back to Square One -  To go back to the beginning ; a popular saying that suggests a person has to start over.

Back To the Drawing Board – Similar to the phrase above, it means starting over again from a previously failed attempt.

Barking Up The Wrong Tree – To make a wrong assumption about something.

Beating Around the Bush -  Avoiding the main  point; a common phrase meaning a person is failing to get to the bottom line.

Beating a Dead Horse – Something that is seen as futile; a popular saying used to describe how bringing up older issues that have already been resolved is pointless .

Between a Rock and a Hard Place -  Being faced with two difficult choices; a dilemma.

Break the Ice -  Breaking down a social stiffness or awkwardness.

Burst your Bubble – To ruin someone’s happy moment or mood, usually by telling them disappointing news or information.

Close But No Cigar – Coming close to a successful outcome only to fall short at the end.

Cry over Split Milk – One shouldn’t worry over things that have already happened and that cannot be changed.

Cry Wolf – Lying; a common phrase meaning someone is calling for help when it’s not really needed.

Cup of Joe – A cup of joe is an American nickname for a cup of coffee.

Curiosity killed The Cat – An idiom meaning mind your own business, as too much poking and prodding could lead to harm.

Cut the Mustard – Meeting expectations; used as a way to describe how someone has met the required standards that were set.

Cut To The Chase – To get to the point, leaving out all of the unnecessary details.  Similar to popular sayings such as “beating around the bush”.  (To be continued).

Good Luck.                                     See you later. 

28 Aug 2015


Hi Friends:  India’s Five Best Managed Companies:  As per the recent survey , listed below are some of the best Indian managed companies. 

TCS  is one of the largest  companies by market share and revenue.  The information technology company has topped for finest management they have executed, to bring their company to a prestigious level.   Natarajan Chandrasekharan, the CEO and MD of the company has been formulating and executing the global strategy of the company since 2002 when he became the head of global sales.  He built a new organization structure of the company while he was a chief operation officer when he joined the concern and it was disclosed in the year 2008.  This organization structure led to the speed growth of the company.  The market, domains and the business units showed drastic growth.  The initiatives, investment abilities and new ideas by Natarajan cherished the company.

HDFC:  The excellent service provided by them has created a strong goodwill about the company.  The Indian based financial service company was incorporated in the year 1994 by Housing Development Finance Corporation Limited.  It was the first company that obtained the “in principle “ authority from Reserve Bank of India.  The skilled professionals and management teams of HDFC have brought them to top 2 level of best managed company.

INFOSYS:  The Company offers technology-enabled business solutions globally for 2000 companies across the globe.  Inclusive range of services are provided by influencing their field and business expertise with  top technology providers.  Infosys establishing the global delivery model (GD led to a drastic rise in offshore outsourcing.  The best economic sense with lowest tolerable risk is their step for safe success.  They have been working with the watchdogs to improve the business network.  Mohandas Pai, the former CFO of the company played a vital role in converting Infosys into one of the world’s most prestigious and recognized software services in the company.  He planned the country’s first most fluent  financial policy for the company.  The branding among the investor community and attractive transparency and exposure has brought in effective management.

Bharti Air tel:   The largest mobile telephony and second largest fixed  telephony provider has also been listed in the polls as a best managed company.  The fifth largest telecom operator in the world has 230.8 million subscribers and now it is no wonder how stunning management system they follow.  The network offered is one of the best in the world.  They have created a blind goodwill among the people for their effective  clarity and service for the people.  They maintain a very good relationship with other companies and their clients.  The effective organization structure is a main weapon to help  them to reach to this level.  The service and dedication is all performed with utmost interest by the workers.

ONGC:  Oil and Natural Gas Commission , a state owned  corporation.  The oil and gas company supplies 77 percent of India’s crude oil production and 81 percent of India’s natural gas production.  The government owns embraces  74.14 percent equity stake in this company.  The management is undertaken by the board of directors who for create policy, policies and evaluate the performance every so often.  The supervision , control and guidance are done in a diligent manner.  Investing in these companies are good for capital appreciation.

Good Luck.                                                              See you later.


Hi Friends:  Please read the words of Swami Nithyananda  and enjoy it. 1.  Your enlightenment is more powerful than your ignorance.  2. The force that is running inside you is the same force running the solar system.....the moment you relax from the  “I “ the “Other “ with the truth.   3. One must know one’s own secret.  4.  Creativity is the depth of the honesty you express towards your possibility.  5.  Integrating the mind is the essence of life.  Decide you will always say and do only what you feel is right.  Then, you will come to in the inner and  outer worlds.

6. The Stone of Guilt in the River of the Mind, the block in the flow of intelligence.  7.  The mind is trained from a very young age to think that life moves from one worry to the other or from one pain to another, never feel there is something wrong with what you are seeing, then you should look back in at yourself because what you see outside inside you.  8.  You always see the world, the way you are, not the way world is.  9.  Gratitude is the greatest prayer.  Thank you is the greatest mantra.  10. Surrender is the ultimate technique to merge with existence.

Good Luck.                                                                        See you later. 

27 Aug 2015


Hi Friends:  The Secret of  Stock Market:-   Many people are interested in stocks.  Some are traders, some investors and some are both.  People in  THE STOCK MARKET    are  generally optimists,  else they wouldn’t dare to risk their money.  It is fair to say that both, traders and investors, believe in what they are doing and probably both think that they know it better than the other side.  Here are some methods investors are using to put their money at work.   

a.       Look for chart patterns suggesting that a stock has become abnormally cheap and at the same time will likely go up from where it is now.   b.  Be a fundamentalist, analyze and examine every data that comes out of a company, and then buy only cheap at a reasonable price.   c. Make global judgement about the economy and hit the right turning point for a general entry into the MARKET to elegantly avoid analyzing details of pea size.  d. Buy the broader market with index funds, based on the idea that overall  THE STOCK MARKET reflects the ongoing advance in the world and thus stock indices are doing well long term.  e. Delegate the work of making investment decisions to a professional , who, because being a professional, should outsmart the market.

Most investors adhere not only to a single pure form of these strategies.  They rotate between them, they try different flavours of them, they mix things up, they even start an investment with one strategy and close it with another.  Or they started trading and end up with an investment.  Nonetheless, all these behaviours seem to have good arguments.  These rational looking strategies and huge stock price advances picked and presented by the media probably  cause the general belief that investing in Stock Market will make people wealthy.  Anyway both Traders and Investors should follow the current international changes and decide accordingly in positive way.

Thanking you,                                                                  see you later.                                           


Hi FriendsPlease read the following and practice it in your daily life.   1. If you can Dream it, you can do it.  2. Keep calm and think positively.  3. Train your mind to see the good in every situation.  4. Replace every negative thoughts with a positive one.  5. Full form of PAINS is Positive, Attitude In Negative Situations.  6. One small positive thought in the morning can change your whole day.  7. Always end the day with 9 positive thoughts; No matter How hard things were Tomorrow’s Fresh opportunity to make it better.  8. I will no longer allow the negative things in my life to spoil all of the Good things I have, I choose to be happy. 

9. Change your thoughts and you change your world.  10. Let everyday be a dream you can touch.  Let every day be a love you can feel, let everyday be a reason to live, because life is too short to be negative.  11. If you are depressed you are living in the past; If you are anxious you are living in future.  If you are at peace you are living in the present.  12. Your time is limited, so don’t waste it living someone else’s life.  13. We all die.  The goal isn’t to live forever, the goal is to create something that will remember you.  14. No matter how big your house is.  How big your bank account is.  The Grave is still going to be the same size!  Stay humble.  15. Don’t regret knowing the people that come into your life.....  Good people give you Happiness, Bad ones give you experience.  The worst ones give you lessons, and the best ones give you memories.  16.  What people think about you is not important.  What you think about yourself means everything.

Good Luck.                                                                 See you later.  

26 Aug 2015


Hi Friends:  What causes Inflation?   Monetary inflation happens when the amount of money in circulation increases faster than the quantity of goods in circulation.  The government is the only entity who can do this.  In the old days, they would simply print more money.  Today, the government purchases securities from banks, thereby increasing the money supply.  Monetary inflation is often followed by price inflation- the inflation  that most consumers can see and identify.  Obviously, price inflation happens when the price of goods increases.  When there is an increase in money circulation , the value of the rupee goes down.  Subsequently, businesses must increase the price of goods to get the same value from their products.

Deflation:  In general, deflation is when the average price of goods falls.  When the inflation rate falls below zero, indicating negative inflation, we know that there has been deflation.  Remember that the inflation rate is calculated based on the change in the Consumer Price Index or CPI.  What causes Deflation?   There are four situations that cause deflation.  1. A decrease in the supply of money.  Let’s say the only goods available in the world were green apples, and everyone wanted an apple just as much as everyone else.  If we only had Rs.10, then each apple would be worth Re. 1.  But , if our money decreased to Rs.5, then each apple would only be worth Rs. 50.  2. An increase in the supply of goods, in the same situation as above, let’s assume the number of apples went up to 20, but we still only had Rs. 10.  In that case, the value of each apple would again be Rs. 50.  3.  A decrease in the demand for goods .  If everyone already had an apple, then no one would want to use their rupee to buy an apple.  The value of an apple falls.  4. An increase in the demand for money.  When the demand for more money increases, it’s symptomatic of people starting to hoard money.  The value of the apples falls in relation to the rupee.

Inflation vs. Deflation:   It’s possible for the economy to be experiencing inflation and deflation at the same time.  Seldom do the prices of goods and services all increase or decrease simultaneously.  Instead , some prices will go up over a period of time, while other prices go down.  In that case, there can be inflation and deflation happening at the same time.  One of the government remedies for deflation is to put more money into supply by purchasing securities.  Increasing the money supply too quickly can lead to inflation and even hyperinflation, a situation in which inflation happens very rapidly.  Inflation and deflation are  both parts of a properly functioning economy.  They typically happen in cycles and can correct  themselves without any government intervention.  However , in extreme situations, like the Great Depression, the economy does need a helping hand from the Govt. of India and Reserve Bank of India.

Good Luck.                                                                        See you later.  


Hi Friends:  BRAINY QUOTES :    Please by heart the following quotes and remember every time you work in everywhere.     1. Put your heart, mind and soul into even  in  your smallest acts.  This is the secret of success.  2.   A mountain is composed of tiny grains of earth.  The ocean is made up of tiny drops of water.  Even so, life is but an endless series of little details, actions, speeches, and thoughts.  And the consequences whether good or bad of even the least of them are far-reaching.  3.  Crave for a thing, you will get it.   Renounce the craving, the object will follow you by itself.  4. Do not brood over your past mistakes and failures as this will only fill your mind with grief, regret and depression.  Do not repeat them in the future.  5.  There is something good in all seeming failures.  You are not to see that now.  Time will reveal it.  Be patient.  6.  There is no end of craving.  Hence contentment alone is the best way to happiness.  Therefore, acquire contentment.  7.  The harder the struggle, the more glorious the triumph.  Self-realization demands very great struggle.  8.  If you do not know the laws of right conduct, you cannot form your character. 

9. Forget like a child any injury done by somebody immediately.  Never keep it in the heart.  It kindles hatred.  10.  Today is your own.  Tomorrow perchance may never come.  11. The real spiritual progress of the aspirant is measured by the extent to which he achieves inner tranquility.  12. Meditation is painful in the beginning but it bestows immortal Bliss and supreme joy in the end.  13. Complete peace equally reigns between two mental waves.  14. Thinking of disease constantly will intensify it.  Feel always ‘I am healthily in body and mind’.  15. Do not love leisure.  Waste  not a  minute.  Be bold.  Realize the Truth, here and now.  16. Life is pilgrimage.  The wise man does not rest by the roadside inns.  He marches direct to the illimitable domain of eternal bliss, his ultimate destination.

God Bless You.                                                                   See you later. 

25 Aug 2015


Hi Friends: Debt Free Companies:   India is experiencing  both high inflation and high interest rates.  High interest rates clearly affect  companies’ operating costs & profit margins.  Companies which remain isolated form effects of high interest rates are  debt free companies.  The companies who manage working capital from debt mainly face the burnt of high interest rates.  Profitability of high debt companies is negatively effected by soaring interest rates.  In such critical times, low debt or debt free companies emerge as clear winners.  In India, interest rates are more unpredictable.  Predicting when rising trend will start again is not easy.  This mainly happens due to wavering inflation.  Better policies are required to keep inflation in control.  In India inflation can stabilizes for few year.  But even with minor changes on political front, inflation cuts deep again.  For investors it is important to keep a note of debt free companies in India.  Keeping track of price valuation of debt free companies is a very good idea.  Timing purchase of stocks of these companies is recommended.  It is essential to study debt levels of company over prolonged period of time.  Only one year study may not be enough. 

Even small increase rates can create big hole on companies’ profits.  A company whose turnover is Rs.34,000 Crore incurs Rs.1,300  Crore of Interest Expense.  This is 3.8% of total cash-in.  In terms of expense requirement , 3.8% is considers as high.  Even marginal increase in  interest expense can effect profitability.  To negate high interest costs, companies avoid  high debts.  In case debt levels cannot be reduced, companies’profit level gets reduced.  This is one adjustments high debt companies needs to make all the time.  But debt free companies are completely free of such hassles.  Companies which are debt free also has more liquid cash to manage current liabilities.  As there are no immediate interest expense, companies liquidity is very good.  This makes day-to-day cash flow management relatively simpler.  Debt free companies are considers low risk companies.  Not only investors but also bankers love such companies.  When need comes and such companies need debt, banks can offer debt at low interest rates.   Debt free companies have high credit rate ratio.  For investors, debt free companies are investment heavens.  Debt free companies are like ‘ financially independent’business.  Such companies has enough cash generating source of their own that they do not depend on debt.  This situation may sound simple, but it take decades for companies to reach this stage.

 It has also been observed in general that debt free companies also share higher dividends with its shareholders.  If company is focusing on long term growth, they may not distribute high dividends.  But big, debt free companies share reasonably high dividends.  Generally debt free companies are good bet for investment.  But all debt free companies are not good.  A scrutiny of business fundamentals is a must before one goes ahead and buy their stocks.  It will be good idea to check companies’  ‘Total Income growth (sales turnover)’.  A company, though it is maintaining zero debt, but if it is not able to increase turnover, it will not be considered good.  To get a more clear idea, compare sales turnover of company with its nearest competitors.  Concept is like this, it’s a good practice to keep debt levels as low as possible.  But this should not be done at cost of ‘business growth’.   Companies which are doing so are either complacent or does not have skillful & dynamic top managers.  A combination of high sales growth and low debt is ideal.  Investors must keep track of such companies.  Also, companies maintaining high profit margins automatically  becomes most preferred by investors.  I list below 7  debt free companies. Please look into it and take decision


Infosys Ltd.(5)                              -      22.72 (PAT Margin)

E clerx  Ser.Ltd. (10)                    -      24.38 (PAT Margin)

CRISIL Ltd.  (1)                            -      20.62 (PAT Margin)

Hexaware Tech.Ltd.(2)                -      12.40(PAT Margin)

Nahar Cap&Fin.Ser.Ltd.(5)          -      210.66(PAT Margin)

R.S.Software(I) Ltd.(5)                 -      17.90(PAT Margin)

IL&FS Inves.Managers Ltd,(2)     -      38.08(PAT Margin)

Good Luck.                                                                           See you later.