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Emkay opens branch for retail share trading

WITH BOOMING industries and soybean sector, Indore has a huge potential for retail share trading. The fact that potential investors here need proper guidance has brought Emkay to the City.

Published on: Jan 17, 2006 07:36 PM IST
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WITH BOOMING industries and soybean sector, Indore has a huge potential for retail share trading. The fact that potential investors here need proper guidance has brought Emkay to the City.

HT Image
HT Image

Emkay Share and Stock Brokers Ltd Director Prakash Kacholia said this on the opening of its branch at Vidyapati, Race Course Road, today. Kacholia told Hindustan Times that the share market is on an upward trend but correction is necessary for healthy market.

He informed that this was the 50th branch of the company headquartered in Mumbai. He added the company does customisation of portfolios with low, medium and high churning depending on clients need. The company has a Portfolio Management Licence from SEBI.

According to Kacholia the market would never belong to speculators and intermediaries. He says that being an investor is far better than being a speculator. He suggested investing in banking, hotel and fertiliser industries that are favorable for investors.

“Research Delivers and Research Differentiates” is Emkay’s guiding philosophy. Every stock bought under Emkay’s PMS is first comprehensively researched by an expert team of professionals. Aided by these strong researches, Emkay has a multi-facet investment strategy with the aim to have a portfolio of companies with good management, good businesses, with reasonable growth prospects and most importantly which are available at reasonable price.

Emkay’s research covers IT ad media, auto and ancillaries, specialty chemicals, banking, textiles, FMG, paper and madcap sectors. The company offers e-broking, equities, derivatives, MFs, portfolio management services (PMS), depositories and commodity trading.

Emkay delivered an average return in excess of 100% during FY05. In the first 9 months of the current year company generated return of around 70%. These returns were significantly higher than the returns of CNX 500.

Emkay has latest generation of software to maintain records and have a strong back office team. Company’s clients can view their portfolio over Internet through unique client ID and password through Web enabled portfolio-tracking system.

 
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