TradeOx

Debate: Should Public Limited co. retain the profit or to distribute as dividend?

TradeOx: Public limited companies i.e. companies that are listed on stock exchange and had offered public shares in their business. The general practice says that companies earn profit every year, out of which retain some profit for expansion and rest distribute as dividends.

It can be a matter of debate. The point is that a company is not fully owned by promoters it is also owned by its share ...

Foreign single brand stores to sparkle in India

TradeOx: The government of India has passed the proposal to allow up to 100% FDI in single brand retail stores in India. With this it is expected to see huge no. of foreign shops being set up in India.

Earlier the limit was up to 51% for single brand stores. While multi brand stores like Walmart are still under consideration for increasing FDI limit. The department of Industrial policy and prom...

Indian rupee at all time low against dollar

TradeOx: Indian rupee touched it’s all time low of 50.165 against American dollar on November 9, 2011 in world currency exchange market.

This slide is due to combination of several factors such as high trade deficit, rising crude prices, declining FII and FDI, non interference policy of RBI in foreign market, euro zone debt crisis.

This high exchange rate is affecting several importers, tour operator...

Best to invest in Lanco Infra, good returns expected

TradeOx: Lanco Infratech limited LITL (BOM 532778) is a integrated infrastructure development company. The company is engaged in the business of development of residential, commercial and industrial spaces. It’s also deals in construction of roads, trading in power, exploring, mining, marketing and related activities.

The company stocks are currently trading at 15.55 as closing on November 9, 2011. ...

IOC declares Q2 results post record loss

TradeOx: Indian Oil Corporation limited (BOM 530965) has declared its second quarter result ending on September 30, 2011. The company posted a net loss of about 74855.50 million rupees as declared on the official website of Benchmark Index Bombay stock Exchange on November 9, 2011.

However company had posted a profit of 52939.50 million Indian rupees during the same quarter last year i.e. quarter en...

Berlusconi to quit – Italy to get new PM

TradeOx: After losing the majority in confidence voting, Italian prime minister agreed to quit the key post. He took this decision showing his inability and responsibility to take Italy out of debt crisis.

In recent days Italy’s debt crisis has created a tension in Euro zone. This tension led the markets to collapse and volatility surged all over the world markets. Looking at scenario European Union...

MCX Copper trading in narrow range due to lack of direction

TradeOx: Copper on MCX looks weak technically on weekly basis. The range could be 369 – 395 for the week. Future prices on MCX are expected to trade in this range during the week.

“Selling is expected to take place during the week. Traders are advised to trade with selling positions,” said Technical analyst with TradeOx.

Demand of Copper in physical market is moderate these days. Demand from china is...