myfinology Profile picture
Mar 31 8 tweets 2 min read
Take a good look at this list. 📃

• Adani Total Gas
• Tips Industries
• Coffee Day Entreprises
• JSW Energy
• Gujarat Fluorochemical

All these companies are on the ASM list.

But what is this ASM list? Let's Find out. ⤵
Should shareholders of these companies be worried?

Well yes & no. ASM stands for Additional Security Measures. Stocks enter this list when they experience extreme price volatility.
Entering this list isn’t a disciplinary action against the company, but an alert to the shareholders regarding unstable prices.
#nifty50 #NIFTYFUTURE
What happens when a company’s shares enter the ASM list?

👉5% price band on T+1 day
👉100% margin requirement from T+5 days
When a company’s shares enter the ASM list, a disclosure is made in advance. The day of disclosure is the T-day for the above context.
As mentioned before, this is a result of excessive price movement due to possible speculative activities and the measures are applied to deter further speculations.
So if you own any fundamentally strong shares, an entry into the ASM list is not a reason to panic. Entry in the list should just alert you of possible price fluctuations.
There are 200+ stocks on the list. Find some on blog.finology.in/stock-market/w…

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More from @myfinology

Apr 1
Few Credit Cards for the following categories💳

• Salaried Individuals
• Beginners
• Premium Credit Card
• Zero Annual Fee Credit Card
• Credit Card For Travel

Let's discuss them in detail. ⤵
1️⃣ Salaried Individual

⭐Standard Chartered Platinum Rewards card

👉Joining fee: ₹250 + GST
👉Annual fee: ₹250 + GST
👉Interest charged: 3.75% p.m., annualized at 45% APR
2️⃣Beginners

⭐HDFC's MoneyBack credit card

👉Joining fee: ₹500 + GST
👉Annual fee: ₹500 + GST
👉Interest charged: 3.49% p.m., annualized at 40.8% APR
Read 7 tweets
Mar 31
Major Credit Card Players in India 💳

Cards Issued (Lakhs)
HDFC 163
SBI 135
ICICI 128
Axis 86
RBL 36
Kotak 30
#Citibank 26

How will Axis-Citi take over impact this? ⤵️
Axis Bank will takeover loans, credit cards, wealth management and retail banking operations of Citibank.
Post this deal, Axis bank’s Cards balance sheet is expected to grow by 57% with making it one of the top 3 Cards businesses in the country!

#AxisBank #StocksInFocus
Read 8 tweets
Mar 30
The share price of ITC over the years.📈

Year Price
1999 16
2002 15
2005 31
2008 73
2011 113
2014 216
2017 249
2020 238
2021 201

But, what stops ITC's share price to rise further?

Let's find out ⤵
Formerly known as Indian Tobacco Company, ITC is, undoubtedly, one of India’s bluest Blue Chip stocks.
Few famous ITC brands:
Read 7 tweets
Mar 29
The most expensive cities to buy a home 🏡

- Hong Kong
- Sydney
- Vancouver
- San Jose
- Melbourne

What about India? ⤵️
India has the most affordable housing of all the G20, OECD and European Union countries, with a score of 9.33.

Though India is in the list due to relatively low property cost, a lot of Indians still cannot buy their own house!

#personalfinance #investing
Reasons :

- Complex procedure
- Relatively high interest rate
- Low salaries & low savings
Read 4 tweets
Mar 29
Top Mergers & Acquisition Deals in India👑

• Zomato-Uber eats
• Flipkart-Myntra
• Tata-Jaguar
• Tata Steel-Bhushan Steel
• Idea-Vodafone

Let's take a look at their key highlights. ⤵
1️⃣ Zomato-Uber eats

Zomato acquired Uber Eats India for ₹2492 crores.
2️⃣Flipkart-Myntra

Flipkart is the other e-commerce giant in the Indian market. It acquired the fashion & lifestyle website
‘Myntra’ in 2014, for ₹2000 crores.
Read 7 tweets
Mar 29
The ABCDE of Financial Freedom 💰

• Analyzing your financial health
• Bugs identification & correction
• Computing your risk profile
• Directing financial goals into action plans
• Executing your plans by investing

Sounds complex? We have an easy solution ⤵️
A proper understanding of your current financial situation helps you in creating a realistic plan.

Also, enables you to achieve your goal on time!
This includes knowing your:

• Emergency Fund requirement
• Insurance coverage
• Spending habit
• Debt burden
Read 25 tweets

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