Today we are opening up our database to all readers. You can access stock prices and corporate information of about 1,334 companies spread across 49 sectors and five capitalisation sizes, tracked by Moneylife, anytime you want to.
We felt one of the key aspects missing on Moneylife portal was the updated stock market prices and corporate database, which we follow while tracking the listed entities. The main advantage of using Moneylife tickers and database is the customised format of our unique data in true digital avatar.
Moneylife database of 1334 companies undergoes periodic revision as new companies get listed or some become unworthy of investment. So you may ask how it is different and how it works?
How are we different?
For starters, the ticker at the top is 'smart' and flexible. That means you can change the ticker according to either Moneylife Market Cap (ML MCap) or Moneylife Sector (ML Sector). For example, if you select ML MegaCap and then click on the 'Go' tab, you would be able to see stock prices of companies from the ML Mega Cap list. Similarly, if you select ML Auto, then you would be able to see stock prices of companies from this sector and so on.
Remember, Moneylife is the first publication that uses Mega Cap (companies with MCap of over Rs10,000 crore) and Micro Cap (companies with a MCap of less than Rs100 crore) to grade companies, besides the regular Large Cap, Mid Cap and Small Cap, according to their market capitalisation on that particular day.
We have tried to keep it really simple and easy to understand. On the company snapshot page, we have listed four-five key ratios, which give a fair idea about the health and profitability of a company. Some of the key ratio that your may want to take a look are Price to Earnings (P/E) ratio, Price to Book Value (P/Bv) ratio and Return on Equity (ROE) ratio. You really don't need anything more than this.
How does it work?
It is simple. You can either click on the name of any company that appears on the scrolling ticker. Or you can type the company's name in the 'Get Quote' window and it will open up a snapshot of the selected company. This is where you can see the fundamentals and technicals of the company's stock.
In the 'smart' Price Charts, you would be able to compare the share price movement of the selected company with its peers or with Moneylife's sectoral index. Here you can compare price movement from one day to five years. It also gives you the daily moving average (DMA) for 20 days, 50 days and 200 days, provided you select the appropriate period for the price chart. For example for a DMA of 20 days you need to select a period of 1 month and more. Similarly, for a 50DMA you will have to select a period of three months and more and so on.
Here are some key features that you can use to know more about any particular company.
1. Check the company's share price performance on the BSE and NSE
2. Check the company's share price performance ranging from one day to five years
3. The company's recent shareholding pattern
4. Check the growth indicators like sales, operating profit and net profit over the last five quarters and year on year growth
5. Check the financials of a company (Profit & Loss and Balance Sheet) with detailed break up for past 4 years
6. Observe overall effectiveness of the company in terms of different ratios like return on equity, return on assets and return on investments and other crucial valuation ratios. These ratios are all you need.
7. The mutual fund schemes that hold shares in the company and the size of their holding.
We believe that this is all you need to make intelligent assessment of a stock's trend and its fundamentals. At least that's what we use, which has yielded consistently high returns in the past.
Hope you will find our new feature useful. Write to us [email protected] or [email protected] with comments and suggestions. Happy Investing
A new e-mail message offering a job with Siemens is doing the rounds. The salary is an attractive Rs30,000 to Rs2 lakh a month. Candidates must first pay Rs10,000 as ‘interview security deposit’, and they will get air tickets to the interview too
Job scams or fake job offers are not a new thing. Some time ago, companies like Wipro and Videocon were forced to issue clarifications that they don't ask candidates to pay money for jobs. Now, a new e-mail going around is offering an opportunity to work with Siemens on a salary ranging from Rs30,000 to Rs2 lakh per month; this excludes house rent allowance (HRA), dearness allowance (DA), conveyance and other benefits.
There are several similarities between the e-mails for the previous Videocon and current Siemens job offers-like addressing, writing style, language and the overall format. In both instances, the operators say they are looking for 62 candidates for each of the companies and they offer to send air tickets for those going to attend interviews at the company's headquarters. The catch is each candidate has to pay a security deposit of Rs10,000 and more; the amount, the operators say, is refundable.
The e-mail says: "You have to deposit the (cash) as an initial amount in favour of company HRD department for Rs10,000 through any State Bank of India branch from your home city to the company senior HRD. The account number will be sent to you upon your response. This is refundable interview security. Your offer letter with air tickets will be sent to your home address by courier after receiving the confirmation of the interview security deposited in State Bank of India. The company will pay all the expenditure to you at the time of face-to-face meeting with you in the company. The job profile, salary offer, and date and time of the interview will be mentioned in your offer letter."
Viswakumar Menon, head of corporate communications at Siemens Ltd, said, "Such e-mail job offers have come to our notice and we have taken necessary action. We have also filed a complaint with the police and as per our knowledge they (police) have caught some people who are thought to be behind this e-mail scam." Mr Menon said, "The candidates should understand that no company (to my knowledge) asks to pay any security deposit for job selection or interview. We, at Siemens, make it clear in our recruitment ads as well."
In the case of Siemens, the scamsters are offering a salary of Rs30,000 to Rs2 lakh, whereas in the case of Videocon the amount goes up to as high as Rs11 lakh per month, and that without mention of the post or designation. Those who have fallen victim to such e-mails are usually tempted by the big salaries offered, without bothering to ask why any recognised company would make such an offer without knowing the background of the candidates or mentioning the nature of the job for which it wants to recruit people.
According to people familiar with the recruitment process in such large companies, nobody selects candidates by simply looking at e-mail Ids. There is a process that includes a written test, an interview, and only then are appropriate candidates selected. Unfortunately, most people ignore the procedure, while not wanting to miss a lucrative opportunity.
How to identify a fake job offer
1. First, there are bound to be spelling and grammatical mistakes. For example, in the fake Siemens job offer, the name of Mumbai was written as Mumbia.
2. Always check the e-mail ID from where the mail was sent. It is always different from the name of the company. Again, the Siemens job offer message was sent from [email protected], which has no connection with the company. The reply address in this case was [email protected] This should ring an alarm bell, as to why a company based in India would have an email address in the UK, that too from something labelled 'live', which is actually a free e-mail service provider.
3. Do check the signature at the end of the e-mail. It usually has words like Mr XYZ, or Ms, or Mrs XYZ. The XYZ could be any name. In the Siemens job offer e-mail, the scamsters used the name of 'Peter Loscher' and the designation was mentioned as executive-HRD. This should have been even more alarming, as Mr Loscher is in fact president and chief executive officer of Siemens AG (the parent company of Siemens India). A simple check on the web would show you his credentials. Also note that no professional or educated person signs with a Mr, or Ms, or Mrs in an e-mail.
4. If you still have doubts about the e-mail, visit the company's website. Contact and check with them if any such recruitment is going on or not. Better, forward the e-mail to the company's HRD or corporate communications department, informing that you want to know if they have sent any such e-mails.
5. Finally, do not pay any heed to such messages; simply mark them as "spam" and click delete.
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Two-judge bench shows officials the rule book in response to complaint that Bangalore Metro project has damaged public places
The Karnataka High Court has said that the authorities must consult the public and get their consent while planning and executing infrastructure projects. The ruling, by Chief Justice JS Khehar and Justice AS Bopanna was in response to a petition by the Environment Support Group, which has challenged the change in the land use at many places in Bangalore for the city's Metro project.
This order of the distinguished judges could serve as a precedent for much infrastructure development work that is being undertaken across the country.
The judges said that in case the land use is required to be changed, the state government and civic authorities must stick to the Karnataka Town and Country Planning Act, 1961, which requires popular participation in public projects.
"In case of violation of direction issued by this Court, based on the statement made to this Court, the concerned officer/official shall be held responsible, for his having disobeyed the order passed by this Court, as also, the prescribed mandate of law," the judges said in their order delivered last week.
According to the Karnataka Town and Country Planning Act, physical planning should precede economic planning and should be well coordinated so that these projects do not adversely affect people's lives. It emphasises the balanced use of land and maintaining good environmental and hygiene standards.
The environment group had complained that the Eastern reach of the Bangalore Metro project violates the Comprehensive Development Plan of Bangalore and that it had in the process destroyed many parks, public spaces and neighbourhoods. The "bizarre Metro route" tears through the famous areas of Lalbagh and the adjoining areas of KR Road and Nanda Road.
Equally bizarre, was the state government's sale of a portion of Lalbagh to the Metro authorities for an "industrial project". The deputy commissioner of Bangalore was apparently given a free hand to sell the land through the horticulture department.
The matter was raised by the city environment group over a year ago and was to be heard towards the close of 2009. But it got delayed after the promotion of a judge as Chief Justice of Orissa High Court. The Metro work continued during this period, tearing through the city and causing irreparable damage to neighbourhoods and parks, the activists complained.
At a time when the development fever has caused much damage, the ruling will particularly strengthen the efforts of the common people and social interest groups in their mission to protect public interest.