India is one of the largest consumer and producer of sugar in the world. In fact, the process of crystallization of sugar from sugarcane originated from India itself and traveled and gained acceptance around the world. India is world's second largest producer of sugarcane next to Brazil and has one of the largest area under sugarcane cultivation in the world. Currently about 4 million hectares of land in India is under sugarcane with an average yield of 70 tonnes per hectare. In terms of sugar and sweetener production, India tops the charts with 26 million tonnes of sugar and traditional sweeteners like Gur, Khandsari production followed by Brazil at 18.5 million tonnes.
Thursday, April 25, 2013
Sunday, April 14, 2013
StockFundoo Warning for Gold was published in July 2012!
Gold is losing its sheen and is consistently touching newer lows. Investing public never imagined that something as precious as Gold can come down from Rs 32000 to below Rs 28000 now.
However, at StockFundoo we published warning for Gold as early as July 2012. Mania's like Gold and Tulip take time to mature and hence it took considerable time before our warning on Gold was realized. Pls see the article below, still very insightful and valuable read in our opinion:
Craze for Gold in India and China and possible Gold Crash!
Hope you enjoy the writeup. For Intraday Trading Calls, do visit our sister site StockFundooLiveCalls.com.
However, at StockFundoo we published warning for Gold as early as July 2012. Mania's like Gold and Tulip take time to mature and hence it took considerable time before our warning on Gold was realized. Pls see the article below, still very insightful and valuable read in our opinion:
Craze for Gold in India and China and possible Gold Crash!
Hope you enjoy the writeup. For Intraday Trading Calls, do visit our sister site StockFundooLiveCalls.com.
Sunday, April 7, 2013
Top 4 Largecap IT Stocks!
Question: Can you please cover some Large-Cap IT stocks which will make good profits over the next 3-6 months.
Answer:
IT Industry in India has grown by leaps and bounds, from the proverbial small start it had when Indian government imported some mainframe computers from Soviet Union. Another significant event occurred In 1981 when a small group of seven engineers led by Mr. Murthy co-founded the firm Infosys with a small corpus of Rs 10,000, which went on to change the face of modern India.
The IT industry of today has both IT and BPO component as an integrated aspect of its service offerings. IT sector has increased its contribution to India's GDP from 1.2% in FY1998 to a whopping 7.5% in FY2012. The sector achieved another landmark when the sector aggregated a annual revenue base of over US$100 billion in FY2012, which had an export share of US$69.1 billion and domestic share at US$31.7 billion respectively. Exports thus truly dominate the IT industry, and constitute about 77% of the total industry revenue. Top Four Listed Indian IT Services Providers are Tata Consultancy Services, Infosys, Wipro and HCL Technologies.
The top four companies stack as below, in terms of revenues and manpower:
Answer:
IT Industry in India has grown by leaps and bounds, from the proverbial small start it had when Indian government imported some mainframe computers from Soviet Union. Another significant event occurred In 1981 when a small group of seven engineers led by Mr. Murthy co-founded the firm Infosys with a small corpus of Rs 10,000, which went on to change the face of modern India.
The IT industry of today has both IT and BPO component as an integrated aspect of its service offerings. IT sector has increased its contribution to India's GDP from 1.2% in FY1998 to a whopping 7.5% in FY2012. The sector achieved another landmark when the sector aggregated a annual revenue base of over US$100 billion in FY2012, which had an export share of US$69.1 billion and domestic share at US$31.7 billion respectively. Exports thus truly dominate the IT industry, and constitute about 77% of the total industry revenue. Top Four Listed Indian IT Services Providers are Tata Consultancy Services, Infosys, Wipro and HCL Technologies.
The top four companies stack as below, in terms of revenues and manpower:
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