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Elin Electronics Ltd.

Elin Electronics Limited is a well-known manufacturer of electronic components. (EMS). Since its inception in 1969, the company has established itself as a leading manufacturer of lighting, fans, and small/kitchen appliances for some of India's most well-known brands. Elin Electronics is also one of the country's largest fractional horsepower motor manufacturers.

Elin Electronics offers a diverse range of products and complete solutions for them through the use of both the "original equipment manufacturer" (OEM) and the "original design manufacturer" (ODM) business models. The diverse EMS product line of the company includes: (i) lighting products, ceiling, fresh air, and TPW fans, as well as modular switches and sockets; (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryers, and hair straighteners; and (iii) fractional horsepower motors used in mixer grinders, hand blenders, wet grinders, chimneys, and air conditioning systems.

The company has factories in Ghaziabad (Uttar Pradesh), Baddi (Himachal Pradesh), and Verna (Himachal Pradesh). (Madhya Pradesh). It also has a central R&D centre in Ghaziabad, Uttar Pradesh, where all OEM and ODM models are researched and developed, including sketching ideas, refining designs, developing optional features, and testing.

Elin Electronics has served a large number of customers in recent years, including 327 in Fiscal 2020, 387 in Fiscal 2021, 342 in Fiscal 2022, and 297 in the seven months ending October 31, 2022. In addition, the company's operations generated significant revenue, including Rs 7,855.84 million in Fiscal 2020, Rs 8,623.78 million in Fiscal 2021, Rs 10,937.54 million in Fiscal 2022, and Rs 6,044.57 million in the six months ending September 30, 2022.

The primary goal of the Elin Electronics IPO is to raise funds to repay or make early payments on some of the company's loans, fund capital expenses to improve and expand the company's facilities in Ghaziabad and Verna, and for general corporate purposes.

Elin Electronics' initial public offering is tentatively scheduled for December 20-22, 2022. The bid period will run from December 20 at 10 a.m. to December 22 at 5 p.m., with the last opportunity to confirm a UPI Mandate on the final day of the issue at 5 p.m.

Radiant Cast Management Services

Radiant Cash Management Services Limited is a leading retail cash management service provider in India, serving banks, financial institutions, organised retail, and e-commerce businesses. The company, which was founded in 2005, has a team of qualified and motivated employees as well as a strong network of locations and touchpoints that serve more than 13,044 pin codes across India.

Radiant Cash Management Services provides a variety of services such as cash collection and delivery, cash processing, overnight vaulting for bulk cash and ATM cards, ATM services, and handling of PIN mailers, drafts, and cheque books. The company is also involved in the management of electronic online and mobile financial and cash transactions, as well as the development of cash management intellectual property.

Axis Bank, Citibank, Deutsche Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India, The Hongkong and Shanghai Banking Corporation, and Yes Bank are among Radiant Cash Management Services' key clients.

An IPO is the process by which a privately held company becomes publicly traded on an Indian stock exchange. Companies that go public in India via an IPO are referred to as "going public." There are several types of companies that list for initial public offerings (IPOs) in India, each with its own set of characteristics and considerations.

Small and medium-sized enterprises: In India, small and medium-sized businesses have revenues of less than INR 35 billion. These companies frequently go public in order to raise capital for expansion or debt repayment. These companies may carry a higher level of risk for Indian investors because they are typically smaller and less established than larger companies.

High-growth firms: In India, high-growth firms are those that are rapidly expanding and have the potential for significant future growth. These companies may go public in order to raise capital for their Indian expansion plans. High-growth companies can be appealing to Indian investors due to their high growth potential, but they also come with a risk.

Companies that have been in business for a number of years and have a track record of consistent growth and profitability are considered established in India. These companies may go public in order to raise capital for expansion or debt repayment in India. Established companies may be viewed as less risky investments in India than smaller or high-growth companies because they are established and have a proven track record.

When a larger corporation divides a portion of its business into a separate, independent entity in India, a spin-off company is formed. In order to raise capital and become publicly traded, spin-off companies in India may go public through an IPO.

Spin-off companies are formed when a larger company divides a portion of its business into a separate, independent entity in India. Spin-off companies in India may go public through an IPO to raise capital and become independently traded on an Indian stock exchange.

Spin-off companies are formed when a larger company divides a portion of its business into a separate, independent entity in India. Spin-off companies in India may go public through an IPO to raise capital and become independently traded on an Indian stock exchange.

Fundamental analysis is an important tool for investors who want to assess the potential of a company's stock. It entails analysing the underlying financial and economic factors that can influence a company's stock price in order to identify stocks that are likely to perform well in the long run.

When using fundamental analysis to assess a company's stock potential, investors can take several key steps:

Examine the company's financial statements: One of the first steps in conducting fundamental analysis is to examine the company's financial statements. This entails examining data such as balance sheets, income statements, and cash flow statements. By analysing these documents, you can learn about the company's profitability, debt levels, and other key indicators of financial stability.

Consider the company's management team and business model: A company's management team and business model should be evaluated in addition to its financials. This may entail assessing the management team's experience and track record, as well as the company's competitive advantage and growth potential.

Consider the industry and market conditions: A company's industry and market conditions must also be taken into account. This can include assessing the industry's overall health as well as any potential risks or opportunities that may impact the company's future performance.

Look for red flags: As you conduct your analysis, keep an eye out for red flags that could indicate a problem with the company. This can include factors such as declining revenue, rising debt levels, or a management team with a track record of making poor decisions.

Compare the company to its peers: Comparing a company to its peers in the industry can provide a more complete picture of its stock potential. This can help you identify any potential strengths or weaknesses and give you a sense of how the company is performing in comparison to its competitors.

After you have finished your analysis, you should evaluate the company's valuation. This entails comparing the stock price of the company to fundamental metrics such as earnings per share and price-to-earnings ratio to determine whether the stock is overvalued, undervalued, or fairly valued.

Fundamental analysis is an important tool for investors looking to diversify their investment portfolio. It entails assessing the underlying financial and economic factors that can influence a company's stock price in order to identify stocks that are likely to perform well in the long run.

One of the most significant advantages of fundamental analysis is that it enables investors to make informed investment decisions based on objective data rather than market speculation or short-term trends. Investors can gain a deeper understanding of a company's strengths and weaknesses by analysing its financial statements, management team, market conditions, and other relevant factors, and making informeddecisions on whether or not to include it in their portfolio.

Fundamental analysis, in addition to assisting investors in identifying potential investments, can also play an important role in portfolio diversification. Investors can build a portfolio that is less vulnerable to market fluctuations and better positioned to weather economic downturns by analysing a diverse range of companies in various industries and sectors.

When using fundamental analysis to build a diversified portfolio, investors can take several key steps:

Determine your investment goals before you begin analysing individual stocks. Are you looking to generate long-term growth, income, or a combination of the two? Knowing your goals will help you choose the right mix of stocks and other assets to include in your portfolio.

Examine the company's financial health: One of the most important factors to consider when conducting fundamental analysis is the company's financial health. This entails analysing its financial statements, including its balance sheet, income statement, and cash flow statement, to assess its profitability, debt levels, and other key indicators of financial stability.

Examine the management team and the business model of the company: A company's management team and business model, in addition to its financials, should be evaluated. This may include assessing the management team's experience and track record, as well as the company's competitive advantage and growth potential.

Consider the industry and market conditions: A company's industry and market conditions must also be considered. This can include assessing the industry's overall health as well as any potential risks or opportunities that may have an impact on the company's future performance.

Diversify your portfolio: Once you've identified a list of potential investments, it's critical to diversify your portfolio by including stocks from various industries and sectors. This can help to reduce your portfolio's overall risk and increase your chances of long-term success.

As a stock market investor in India, it is critical to understand the various factors that can influence the performance of your investments. Economic and political factors can have a significant impact on the stock market, and being aware of these influences is critical for making informed investment decisions.

The state of the Indian economy is one of the most important economic factors that can influence the Indian stock market. Because company profits and stock prices are heavily influenced by economic conditions, the stock market is inextricably linked to the overall health of the economy. GDP growth, unemployment rates, and inflation can all have an impact on the stock market. For example, a strong economy with low unemployment and consistent GDP growth may cause stock prices to rise, whereas a struggling economy may cause stock prices to fall.

Political factors can also have a significant impact on the Indian stock market. Changes in government policies and regulations can have an impact on the performance of specific industries and individual companies, which in turn can have an impact on the overall market. For example, if the government enacts policies that benefit a specific industry, stock prices in that industry may rise. On the other hand, if the government enacts policies that are unfavorable to a specific industry, stock prices in that industry may fall.

Other external influences such as global market trends and geopolitical events, in addition to economic and political factors, can have an impact on the Indian stock market. To make informed investment decisions, investors must be aware of these factors and stay current on current events.

So, how can investors navigate the Indian stock market's complex and constantly changing economic and political factors? Here are some hints:

Keep up with current economic and political developments in India and their potential impact on the stock market. Reading financial news, following economic indicators, and staying up to date on government policies and regulations can all be part of this.

Diversify your portfolio: By investing in a variety of assets, you can reduce the impact of economic and political events on your portfolio. This includes investing in various industries and sectors, as well as in both domestic and international markets.

Maintain a long-term perspective: While it may be tempting to make rash investment decisions based on short-term market fluctuations, it is critical to keep a long-term perspective. Instead of reacting to every market fluctuation, this can entail setting clear investment goals and sticking to a long-term investment plan.

Seek professional advice: If you are new to investing or are unsure how to navigate the Indian stock market, consulting a financial professional can be beneficial. A financial advisor or investment professional can advise you on how to construct a diversified portfolio that is consistent with your investment objectives and risk tolerance.

Here are some more ways that Fed and RBI rate hikes can affect your money.

Mortgages Are Getting More Expensive

If the Fed raises interest rates again, people who need to borrow money to buy a house or use the equity in their home to pay for something else will In the coming months, you will most likely have to pay more.

Some economists predicted that interest rates would peak this summer. Midway through June, the 30-year fixed mortgage reached 5.81%, and economists predicted that rates would be in the low 5% range by the end of the year.

However, as the economy deteriorated and the Fed continued to raise rates aggressively, mortgage rates reached a new 20-year high of 7.08% in the middle of November, exceeding most forecasts for the year.

Mortgage rates have since fallen slightly. The average rate for the week ending December 8th, according to Freddie Mac, was 6.33%.

The bond market, which frequently reacts to what the Fed does, has a direct impact on mortgage rates.

The Fed's rate hikes in 2022 were one of the factors driving up mortgage rates earlier in the year. Investors' strong demand for mortgage bonds has aided the recent drop in rates. This is because the economy appears to be more stable, and Fed rate hikes, especially small ones, are no longer surprising.

The Fed funds rate, on the other hand, is directly related to shorter-term home loans with floating rates, such as adjustable-rate mortgages (ARMs) and home equity lines of credit. (HELOCs). This means that when that rate rises, so will the rates on ARMs and HELOCs.

Even though mortgage rates are still higher than they were in 2021, not everyone thinks this is a bad thing. Some real estate professionals believe that raising interest rates is one way to cool off an overheated housing market. Some believe that after years of low borrowing costs, it is time to return to normalcy.

Housing experts advise people who want to buy now to think about locking in the best interest rate possible, as rates can rise by the hour. Rate locks typically last at least 30 days, but some lenders offer longer locks for a fee.

It is difficult to know for certain whether you have locked in the lowest possible rate, but you can always refinance later if rates fall.

3. Savings account interest rates are slowly rising.

A higher federal funds rate is beneficial to savers, as savings account rates have gradually increased.

Although there is no direct relationship between federal funds and deposit rates, banks are steadily increasing the annual percentage yields (APYs) on deposit accounts such as savings accounts, money market accounts, and certificates of deposit. (CDs).

Rates rise to attract deposits, but banks have a lot of cash on hand right now, so they can take their time raising yields.

APYs on deposits will rise faster or slower depending on where you bank. Online banks, smaller banks, and credit unions typically have higher yields than large banks, and they've raised rates more quickly in recent months due to increased competition for deposits.

If you want to get a better return on your money, you should put it in an online bank or credit union. The average savings account rate has increased from 0.06% to 0.24% since January, but the best high-yield savings accounts pay up to 5% APY on some deposits.

The Federal Open Market Committee (FOMC) announced on December 14 that the federal funds rate would be raised again, this time by 50 basis points to a range of 4.25% to 4.5%.

This move comes after the central bank raised interest rates by 75 basis points in June, July, September, and November, as well as by smaller amounts in March and May. All of these actions were part of the central bank's strategy to combat persistently high inflation. 

Despite the fact that the job market was strong, the committee decided to raise rates due to the ongoing supply-demand imbalance and the conflict in Ukraine.

The FOMC has stated that it expects continued increases in the target range to be appropriate in order to achieve a monetary policy stance that is sufficiently restrictive to return inflation to 2% over time.

Inflation can take a long time to return to normal, which can be detrimental to already struggling consumers. Changes in Fed policy also take a few months to filter through the economy. However, it is important to remember that the financial consequences of some policies, such as higher interest rates on borrowed money, can be felt more quickly.

The Fed's rate hike will affect Americans in three ways. Similarly, when the Reserve Bank of India raises interest rates in India, your money will be affected.

Credit card interest is becoming increasingly expensive.

When the Fed raises interest rates, carrying a balance on your credit card costs you more. This is due to the fact that consumer debt interest rates, such as credit card balances, tend to move in lockstep with the federal funds rate.

This key interest rate influences the interest rates that commercial banks charge each other for short-term loans. When the fed funds rate rises, borrowing becomes more expensive, making banks and other financial institutions less likely to borrow.

Banks pass on higher borrowing costs to consumers by raising interest rates on consumer loans. The prime rate, which is the rate banks charge customers with the least risk for loans, plus a percentage to cover costs and make a profit, is the basis for most credit card companies' annual percentage rates (APR).

However, most APRs are variable, which means that when you apply for a new credit card, the interest rate you agree to pay may change depending on the prime rate. So, if the annual percentage rate (APR) on your credit card is 18.15 percent and the Fed raises the federal funds rate by 75 basis points, your issuer will most likely raise your APR to 18.90 percent.

Intraday trading, also known as "day trading," is a popular trading strategy in which securities are purchased and sold on the same day. While this type of trading can be a lucrative way to make money, it is also risky. In this article, we will look at the five best ways to manage risk and protect your capital when trading intraday.

Use stop-loss orders: A stop-loss order is a request to sell a security if its price falls below a certain level. This is a valuable tool for intraday traders because it allows them to limit their potential losses on a trade. For example, if you buy a stock for Rs 50 and place a stop-loss order at Rs 48, the stock will be sold automatically if it falls to Rs 48, preventing you from losing any more money on the trade.

Trade with a strategy: Before you enter any trade, you should have a strategy in place. This includes understanding why you are buying or selling a particular security as well as your exit strategy. This can help you stay focused and disciplined during the trade, allowing you to better manage your risk.

Use risk-management techniques: There are several risk-management techniques you can employ when trading intraday. The "1% rule," which states that you should never risk more than 1% of your capital on any single trade, is one of the most popular. This can assist you in avoiding excessive risk and protecting your capital.

Diversify your portfolio: A key principle of risk management is diversification. You can reduce the overall risk of your portfolio by investing in a variety of different securities. This means that if one of your trades fails, it will not have a significant impact on your overall performance.

Maintain a trading journal: A trading journal is a record of your trades, including why you made them and how they went. This is a useful tool for intraday traders because it allows them to track their performance and identify areas for improvement. By regularly reviewing your trading journal, you can gain a better understanding of your own strengths and weaknesses as a trader and make more informed decisions in the future.

Intraday trading, also known as day trading, is a popular trading strategy in which securities are purchased and sold on the same day. If you have the knowledge and skills to succeed, this type of trading can be a lucrative way to make money. We will look at the top ten most popular intraday trading strategies and when to use them in this article.

Breakout trading entails buying or selling a security when it exceeds a predetermined price range. For example, if a stock has been trading between $50 and $55 per share for some time, a breakout trader might buy it if it breaks above $55 and sell it if it falls below $50. When a stock shows signs of a strong trend in either direction, this strategy can be useful.

Momentum trading entails purchasing stocks that have strong momentum, or a rapid increase in price. Momentum traders seek out stocks that are gaining a lot of ground and buy them in the hopes that the trend will continue. When there is a lot of excitement and optimism in the market, this strategy can be beneficial.

Buying stocks that are trending upwards and selling stocks that are trending downwards is a trend following strategy. Trend followers attempt to capitalize on a stock's momentum by purchasing it when it is rising and selling it when it is falling. When the market is in a clear uptrend or downtrend, this strategy can be beneficial.

Range trading entails purchasing stocks at the low end of their price range and selling them at the high end of their price range. Range traders attempt to profit from a stock's natural price fluctuations by purchasing when the price is low and selling when the price is high. When a stock has little or no trend and is trading within a well-defined range, this strategy can be useful.

Scalping: This strategy entails making numerous small trades throughout the day in order to profit from minor price movements. Scalpers try to profit from market volatility by buying and selling stocks quickly and frequently.  When the market is particularly volatile and there are numerous opportunities to profit from small price movements, this strategy can be beneficial.

News trading entails buying or selling a stock in response to breaking news. News traders attempt to profit from the impact that news events have on the price of a stock. When there is a major news event that is expected to have an impact on the market, this strategy can be useful.

Reversal trading entails buying or selling a stock when its trend is changing. Reversal traders try to profit from the market's natural ebb and flow by purchasing a stock when it begins to trend upwards and selling it when it begins to trend downwards. When a stock's trend is reversing, this strategy can be useful.

Arbitrage trading: This strategy entails simultaneously buying and selling a security in two different markets in order to profit from the price difference. Arbitrage traders attempt to profit from price differences between markets. When there are pricing inefficiencies in the market, this strategy can be effective.

Pair trading is a strategy in which one stock is purchased and another stock that is related to it is sold. Pair traders seek to profit from the relationship between two stocks by purchasing one when it is undervalued and selling the other when it is overvalued. This strategy can be useful when two stocks have a clear relationship and one is undervalued in comparison to the other.

Intraday trading can be a rewarding and challenging endeavor, but it is not without risk and pitfalls. This article will go over five of the most common mistakes to avoid as an intraday trader, as well as a few other things to think about. You can increase your chances of success and maximize your profits by understanding and avoiding these common mistakes.

Discipline: One of the most common mistakes made by intraday traders is a lack of discipline. Trading without a plan or system, pursuing every opportunity, and making rash decisions can all result in poor results and losses. To avoid making this mistake, make and stick to a trading plan that includes clear rules for entry, exit, and risk management. This will assist you in remaining focused and disciplined, as well as increasing your chances of success.

Over-trading: Another common error among intraday traders is over-trading, which refers to entering too many trades or holding positions for too long. Excessive risk and loss, as well as missed opportunities and a lack of focus, can all result from over-trading. 

Poor risk management is a third common mistake made by intraday traders. This can include not using stop-loss orders, failing to set clear risk limits, or using excessive leverage. Poor risk management can result in catastrophic losses that wipe out your trading account quickly. To avoid making this mistake, you must first understand your risk tolerance and then carefully manage your risk using stop-loss orders and other risk management tools.

Failure to keep up with market news and developments is another mistake that intraday traders can make. This is especially important in volatile markets where news and economic releases can have a large impact on prices. To avoid making this mistake, keep an eye on the news and be ready to change your strategy as needed.

Finally, many intraday traders make the mistake of failing to learn from their mistakes. Rather than analyzing their trades and seeking ways to improve, they may simply blame external factors or make excuses for their losses. To avoid making this mistake, be honest with yourself and seek ways to improve your performance.

Intraday trading can be a difficult and rewarding endeavor, and learning from the experiences and insights of others can be a beneficial way to improve your skills and strategies. In this article, we will look at seven of the best books for learning how to trade intraday. These books offer valuable insights and practical advice for traders of all levels, whether you're a beginner looking to get started or an experienced trader looking to hone your skills.

John J. Murphy's "Technical Analysis of the Financial Markets": For decades, this comprehensive guide to technical analysis has been helping traders understand and apply charting and other technical tools. Murphy discusses everything from basic chart patterns and indicators to more advanced techniques like Elliott Wave analysis and intermarket relationships.

Mark Douglas' "The Disciplined Trader": This best-selling book takes a fresh look at trading psychology, delving into the mental and emotional challenges that traders face and offering practical solutions to overcome them. Douglas emphasizes the importance of trading discipline and consistency, as well as valuable insights into how to develop a winning mindset.

"Day Trading and Swing Trading in the Currency Market" by Kathy Lien: This comprehensive guide to currency trading is written by a well-known forex analyst and trader. Lien covers a wide range of topics, from fundamental concepts and technical analysis to advanced trading strategies and risk management. She also offers valuable insights into global economic trends and the factors that influence currency movements.

"How to Make Money in Stocks" by William J. O'Neil: This classic text by the founder of Investor's Business Daily offers a unique approach to stock trading based on supply and demand principles. O'Neil provides a step-by-step guide to identifying and trading the best stocks, as well as valuable insights on how to manage risk and maximize profits.

Van K. Tharp's "Trade Your Way to Financial Freedom": A leading expert in the field has written this comprehensive guide to trading psychology and money management. Tharp covers a wide range of topics, from trading psychology and emotions to risk management and position sizing. He also provides helpful advice on how to create and stick to a profitable trading system.

Markus Heitkoetter's "The Complete Guide to Day Trading": An experienced trader and the CEO of a leading trading education company wrote this comprehensive guide to day trading. Heitkoetter covers everything from fundamental concepts and technical analysis to advanced trading strategies and risk management. 

Michael W. Covel's "The Little Book of Trading": A leading expert in the field has written this concise guide to trend following. Covel teaches the fundamentals of trend following, such as how to identify trends, manage risk, and maximize profits. He also provides valuable insights into trading psychology and the importance of discipline in achieving long-term success.

The world of intraday trading can be complex and fast-paced, and having the right tools available is critical for success. There are numerous tools available to Indian traders, ranging from technical analysis software to real-time news feeds, to assist them in making informed decisions and executing trades quickly and effectively. This article will go over five essential tools that every Indian intraday trader should have in their arsenal.

Technical analysis software: One of the most important tasks of an intraday trader is analyzing market data and identifying buying and selling opportunities. Technical analysis software can assist you in this by offering a variety of tools and features for studying charts, identifying patterns, and generating trading signals. Tools from the Zebu platform are among the most popular options for technical analysis software in India.

Real-time news feeds: Keeping up with the latest news and market developments is critical in the fast-paced world of intraday trading. Real-time news feeds can help you stay informed and respond quickly to market events. Many brokers include real-time news feeds as part of their trading platforms, and you can also use dedicated news feeds like Bloomberg or Reuters.

Intraday trading necessitates a lot of quick calculations, from determining position size and risk to calculating profit and loss. A trading calculator can assist you in doing so quickly and accurately, saving you time and lowering the risk of errors. Many trading platforms include a calculator, or you can use a separate tool like the Zebu Margin Calculator.

Alerts and notifications: Because you may not be able to constantly monitor the markets as an intraday trader, it's critical to set up alerts and notifications to keep you up to date on any significant events or developments. This could include price movement notifications, news events, or technical signals. Many trading platforms and technical analysis tools include built-in alerts and notifications, or you can use a third-party alerting service.

Intraday trading often necessitates accessing your trading account and executing trades quickly and easily, whether you are at your desk or on the go. A mobile trading app can give you the freedom and convenience you need to trade from wherever you are. Most Indian brokers provide a mobile trading app that allows you to access your account, view charts, and execute trades from your smartphone or tablet.