Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Minerals and Metals Trading Corporation (MMTC), a state-owned trading firm, has invited bids for the import of three lakh tonnes of di-ammonium phosphate (DAP). The company has taken this step with a view to augment fertiliser supply in the upcoming rabi season.
The company has announced September 20 as the last date for submission of bids and it would take decision on the same day for awarding the contracts. The full consignment of DAP (bulk)/DAP Lite grades is to be shipped during September-November, 2011. The consignments are to be offloaded at the Mundra, Kandla, Vizag, Hazira (anchorage), Kakinada (deep water) and Krishnapatnam ports.
From November onwards the rabi season starts and harvesting is done during March-April. The important rabi crops are wheat, gram, barley, peas and mustard. In the April-July period of the current fiscal, India imported 20.16 lakh tonnes of DAP, while inbound shipments in the 2010-11 fiscal stood at 74.11 lakh tonnes.
Recently, the company’s gold import for August had been dropped by an eighth to 5 tonnes. This can be attributed to the fact that gold buyers in India, the world's biggest consumer, are in wait-and-watch mode as the prices remain near record high. MMTC is the country's second biggest importer of the yellow metal.
MMTC is one of the leading companies in India which deals in agricultural commodities, fertilizers and minerals. Besides, it is also an importer of gold and silver. Presently, the trading company has an overseas office in Singapore. PEC, MMTC and other state-run trading agencies like STC import different varieties of pulses on behalf of the government to augment domestic supply.
| Company Name | CMP |
|---|---|
| Redington | 216.95 |
| Adani Enterprises | 3263.50 |
| Amrapali Industries | 15.35 |
| Rashi Peripheral | 341.75 |
| Compuage Infocom | 3.71 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
