1. India's financial literacy rate is only 24% .
2. From 132 crore people, only 2% people (around 2 crore 60 lakh something) invest in stock market.
3. Patience is the key to get success in stock market industry (infact generally in every other industry).
4. Book Value of a company is defined as that price per share which its investors will get when the company gets declared fraud one day.
5. Market Capitalization of a company is defined as the product of number of shares that a company has owned and the share price of that company.
6. On Government awards , there is no tax for males (females have to pay taxes) ; On Private awards, there exists some tax for both males and females. For example : Recently, Neeraj Chopra made India proud by winning gold in Olympics for Jawelin throw. He got many government awards which are absolutely tax free. Also, Mahindra owners gifted him a SUV which he had to pay some tax for it.
7. Attrition Rate:- It is the rate of migration of employees from a company to another. If this rate is low, then, it is good for a company as this means that its employees are not running away from it. You should check this rate of a company before investing in that company , this rate clearly tells us about the environment of that company.
8. Today, Indian Oil Corporation Ltd. is the most debtful company whose debt to equity is around 11.55%.
9. Always select blue chip companies to earn profits by investing in them.
10. There are around 5,000 companies registered by SEBI.
11. Always choose best brokerage platforms through which you will open your demat account. For example:- Zerodha, ICICI direct, Angel One, 5 paisa , HDFC securities , etc.
12. Never share any account password or otps to anyone. RBI says '' become knowledgable/aware , be alert ''.
13. If you get a unknown call on your phone and he/she is saying that they will update your KYC on your phone, then be alert as it is a fraud call and immediately give this number in police so that they can trace his/her call.
14. MRF company's share price has reached around 78,000 now.
15. Digilocker is the best app to download your important government documents like pan card, adhaar card , etc.
Comments
Post a Comment