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crompton 400 ce is good
Forum: Futures and Options
Last Post: Chethan
06-11-2024, 07:41 PM
» Replies: 0
» Views: 89
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TechM 1700 CE can be cons...
Forum: Futures and Options
Last Post: Harpreet
19-10-2024, 09:38 AM
» Replies: 1
» Views: 273
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Dixon 15000 CE seems good
Forum: Futures and Options
Last Post: Harpreet
10-10-2024, 09:32 AM
» Replies: 1
» Views: 355
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PSP Projects secures ₹269...
Forum: Stock News
Last Post: Harpreet
09-10-2024, 09:34 AM
» Replies: 0
» Views: 407
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Piramal Pharma to Invest ...
Forum: Stock News
Last Post: Harpreet
01-10-2024, 03:50 PM
» Replies: 0
» Views: 377
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indian stock broker who s...
Forum: Stock Brokers
Last Post: Harpreet
28-09-2024, 11:26 AM
» Replies: 0
» Views: 294
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VWAP manual calculation
Forum: Strategies and Indicators
Last Post: Harpreet
28-09-2024, 11:24 AM
» Replies: 0
» Views: 296
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GAIL 220 CE can be consid...
Forum: Futures and Options
Last Post: Sapna Mukherjee
27-09-2024, 07:52 PM
» Replies: 2
» Views: 438
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Karnataka's new EV policy...
Forum: Stock Research
Last Post: Sapna Mukherjee
26-09-2024, 09:35 PM
» Replies: 0
» Views: 306
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Karnataka Launches EV Pol...
Forum: Stock News
Last Post: Sapna Mukherjee
26-09-2024, 09:32 PM
» Replies: 0
» Views: 429
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PSP Projects secures ₹269.55 crore contract for high-rise residential tower ‘SIBAN’ |
Posted by: Harpreet - 09-10-2024, 09:34 AM - Forum: Stock News
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PSP Projects has secured a work order for the construction of a high-rise residential tower named ‘SIBAN’ located in GIFT City, Gandhinagar. The total value of the project is ₹269.55 crore, and it is scheduled for completion within a period of 31 months.
This development marks another significant project for PSP Projects, further strengthening their portfolio in large-scale construction, particularly in one of India’s leading business hubs, GIFT City.
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Piramal Pharma to Invest ₹670 Crore in Expanding Sterile Injectables Facility in US |
Posted by: Harpreet - 01-10-2024, 03:50 PM - Forum: Stock News
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Piramal Pharma has announced a significant investment of ₹670 crore to expand its sterile injectables manufacturing facility located in Lexington, Kentucky, USA. The Lexington site specializes in providing comprehensive services such as sterile compounding, liquid filling, and lyophilization for sterile injectable drug products. This expansion is set to strengthen Piramal’s position in the US pharmaceutical market and enhance its capabilities to meet the growing global demand for injectable drug products.
### **Current and Future Production Capacity**
At present, the Lexington facility has the capacity to manufacture 104 product batches per year. With the completion of the planned expansion by 2027, the production capacity is expected to more than double, reaching over 240 batches annually. This increased capacity will enable Piramal Pharma to cater to a broader customer base and support a diverse range of projects, including the production of complex sterile injectable formulations.
### **Strategic Significance**
The expansion of the Lexington facility is a strategic move by Piramal Pharma to capitalize on the growing market for sterile injectables, which are increasingly being used for critical care and specialty therapies. The demand for such drug products has been rising due to their effectiveness in delivering precise doses and their use in treating complex health conditions. By bolstering its production capacity, Piramal Pharma is positioning itself to better serve its clients and reinforce its leadership in the sterile injectable segment.
### **Focus on Technological Advancements and Compliance**
The investment will be utilized to upgrade and expand the existing infrastructure at the Lexington site, incorporating state-of-the-art technologies to support advanced manufacturing processes. These upgrades will include enhancements to sterile compounding capabilities, the addition of new liquid filling lines, and improvements in lyophilization technology. The expansion will also ensure that the facility continues to meet the highest standards of quality and compliance, in line with global regulatory requirements.
### **Impact on the US Operations and Global Supply Chain**
The Lexington facility serves as a critical hub for Piramal Pharma’s US operations, supporting its North American customers and contributing to the global supply chain. With this expansion, the company aims to enhance its ability to deliver high-quality sterile injectable drug products more efficiently. The increased production capacity will also support the timely delivery of essential medications, thereby improving patient outcomes and addressing supply chain challenges in the pharmaceutical industry.
### **Commitment to Growth and Innovation**
Piramal Pharma’s decision to invest in expanding its Lexington facility reflects its commitment to growth and innovation. The company has been focusing on strengthening its capabilities in key therapeutic areas, and this expansion is a step forward in that direction. It aligns with Piramal’s broader strategy of investing in advanced manufacturing technologies and infrastructure to support the development and commercialization of complex drug products.
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indian stock broker who support forex trading |
Posted by: Harpreet - 28-09-2024, 11:26 AM - Forum: Stock Brokers
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In India, the regulatory framework for forex (foreign exchange) trading is governed by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). As a result, Indian residents are allowed to trade only in currency pairs where the Indian Rupee (INR) is one of the currencies, such as:
- USD/INR (US Dollar to Indian Rupee)
- EUR/INR (Euro to Indian Rupee)
- GBP/INR (British Pound to Indian Rupee)
- JPY/INR (Japanese Yen to Indian Rupee)
Here are some Indian stock brokers that support forex trading (limited to INR pairs):
### 1. **Zerodha**
- **Trading Platforms**: Kite
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Low brokerage, easy-to-use platform, charting tools.
### 2. **Upstox**
- **Trading Platforms**: Pro Web, Pro Mobile
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Competitive brokerage, fast execution.
### 3. **ICICI Direct**
- **Trading Platforms**: Trade Racer, ICICI Direct Mobile
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Multiple order types, comprehensive research.
### 4. **HDFC Securities**
- **Trading Platforms**: HDFC Securities Trading App, Pro Terminal
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Real-time price updates, research reports.
### 5. **Angel One (Angel Broking)**
- **Trading Platforms**: Angel One App, Angel Speed Pro
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Smart APIs, technical analysis tools.
### 6. **5Paisa**
- **Trading Platforms**: 5Paisa Web, 5Paisa App
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Low-cost trading, user-friendly platform.
### 7. **Kotak Securities**
- **Trading Platforms**: Kotak Stock Trader App, Kotak Securities Website
- **Supported Currency Pairs**: USD/INR, EUR/INR, GBP/INR, JPY/INR
- **Features**: Extensive research and analysis, integrated services.
### Key Considerations:
- **Leverage**: SEBI regulates leverage in currency trading to avoid excessive risk.
- **Brokerage**: Look for competitive brokerage rates, as some brokers may offer better fees.
- **Platforms**: Ensure the broker offers a robust platform for currency trading with advanced tools and real-time data.
For non-INR forex pairs (such as EUR/USD or GBP/USD), Indian residents are generally not permitted to trade through domestic brokers due to regulatory restrictions. If you're looking for broader forex trading opportunities, you might need to explore offshore brokers, but these involve complexities related to legal restrictions.
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VWAP manual calculation |
Posted by: Harpreet - 28-09-2024, 11:24 AM - Forum: Strategies and Indicators
- No Replies
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To manually calculate the VWAP (Volume Weighted Average Price), follow these steps:
- Find the typical price for each period:
Typical Price=High+Low+Close3\text{Typical Price} = \frac{\text{High} + \text{Low} + \text{Close}}{3}
Typical Price=3High+Low+Close
- Multiply the typical price by the volume for that period:
Price-Volume Product=Typical Price×Volume\text{Price-Volume Product} = \text{Typical Price} \times \text{Volume}
Price-Volume Product=Typical Price×Volume
- Calculate the cumulative price-volume product and the cumulative volume for each period.
- Divide the cumulative price-volume product by the cumulative volume to get the VWAP at any given time:
VWAP=∑(Typical Price×Volume)∑Volume\text{VWAP} = \frac{\sum (\text{Typical Price} \times \text{Volume})}{\sum \text{Volume}}
VWAP=∑Volume∑(Typical Price×Volume)
Example:
Let's say you have the following data for three periods:
Period
High
Low
Close
Volume1
50
48
49
1000
2
51
49
50
1500
3
52
50
51
1200
Step 1: Calculate the typical price for each period:
Typical Price (Period 1)=50+48+493=49\text{Typical Price (Period 1)} = \frac{50 + 48 + 49}{3} = 49
Typical Price (Period 1)=350+48+49=49
Typical Price (Period 2)=51+49+503=50\text{Typical Price (Period 2)} = \frac{51 + 49 + 50}{3} = 50
Typical Price (Period 2)=351+49+50=50
Typical Price (Period 3)=52+50+513=51\text{Typical Price (Period 3)} = \frac{52 + 50 + 51}{3} = 51
Typical Price (Period 3)=352+50+51=51
Step 2: Multiply the typical price by the volume for each period:
Price-Volume Product (Period 1)=49×1000=49,000\text{Price-Volume Product (Period 1)} = 49 \times 1000 = 49,000
Price-Volume Product (Period 1)=49×1000=49,000
Price-Volume Product (Period 2)=50×1500=75,000\text{Price-Volume Product (Period 2)} = 50 \times 1500 = 75,000
Price-Volume Product (Period 2)=50×1500=75,000
Price-Volume Product (Period 3)=51×1200=61,200\text{Price-Volume Product (Period 3)} = 51 \times 1200 = 61,200
Price-Volume Product (Period 3)=51×1200=61,200
Step 3: Calculate the cumulative price-volume product and cumulative volume:
Cumulative Price-Volume Product (Period 3)=49,000+75,000+61,200=185,200\text{Cumulative Price-Volume Product (Period 3)} = 49,000 + 75,000 + 61,200 = 185,200
Cumulative Price-Volume Product (Period 3)=49,000+75,000+61,200=185,200
Cumulative Volume (Period 3)=1000+1500+1200=3,700\text{Cumulative Volume (Period 3)} = 1000 + 1500 + 1200 = 3,700
Cumulative Volume (Period 3)=1000+1500+1200=3,700
Step 4: Calculate the VWAP:
VWAP=185,2003,700=50.05\text{VWAP} = \frac{185,200}{3,700} = 50.05
VWAP=3,700185,200=50.05
So, the VWAP after the third period is 50.05.
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Karnataka's new EV policy focusing on tax exemptions and incentives for EVs |
Posted by: Sapna Mukherjee - 26-09-2024, 09:35 PM - Forum: Stock Research
- No Replies
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Based on Karnataka's new EV policy focusing on tax exemptions and incentives for electric and hybrid vehicles, here are some stocks that could benefit from this initiative:
1. **Tata Motors** (TATAMOTORS) – A leading player in the EV space with models like Tata Nexon EV and upcoming EV launches.
2. **Mahindra & Mahindra** (M&M) – A key player in electric mobility, particularly in the SUV and commercial EV sectors.
3. **Exide Industries** (EXIDEIND) – Involved in battery manufacturing, with a focus on expanding EV battery production.
4. **Amara Raja Batteries** (AMARAJABAT) – Another major battery producer moving into the EV space, with investments in lithium-ion batteries.
5. **Greaves Cotton** (GREAVESCOT) – Engaged in EV components and manufacturing through its subsidiary Ampere Vehicles.
6. **Tata Power** (TATAPOWER) – Actively involved in setting up EV charging infrastructure across India.
7. **Himadri Speciality Chemical** (HSCL) – A producer of advanced carbon materials, essential for lithium-ion battery production.
These companies are well-positioned to benefit from the growth of the EV sector, both in terms of vehicle manufacturing and supporting infrastructure.
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Karnataka Launches EV Policy with Tax Exemptions and ₹50,000 Crore Investment Target |
Posted by: Sapna Mukherjee - 26-09-2024, 09:32 PM - Forum: Stock News
- No Replies
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Karnataka is set to roll out a new electric vehicle (EV) policy for the next five years, which will focus on promoting clean mobility through significant tax relief and incentives. Key highlights of this upcoming policy include:
1. **Tax Exemptions for EVs and Hybrid Vehicles**:
- All electric and strong hybrid vehicles priced below ₹25 lakh may be exempt from road tax.
- This measure is aimed at making electric vehicles more accessible and promoting their adoption among the general public.
2. **Incentives for EV Manufacturing**:
- The policy aims to attract investments of ₹50,000 crore in the clean mobility sector by 2029.
- Companies involved in manufacturing electric vehicles and EV components may receive financial incentives of up to 25% on their capital investments, making Karnataka an attractive destination for EV manufacturers and related industries.
This policy will play a pivotal role in positioning Karnataka as a leader in the EV ecosystem in India. The state's efforts align with the broader national agenda of reducing carbon emissions and transitioning to greener transportation solutions.
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