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Old world wisdom coupled with new age skills
Morarka Finance Limited has a long experience in trading of securities/equities which is evident in the successive achievements which reflect in the company’s timeline today. MFL is known to be a very safe and sound investor and securities trading company which conducts its business combining the old world wisdom with the new age technologies and tools. Quality research and analysis, coupled with a vast experience and a sound financial backing make MFL’s investments relatively safer, even during the periods when the market sentiment is not so favourable.
The company was originally incorporated as Morarka Holdings Limited vide certificate of Incorporation No. 11-35632 (now CIN No.U 67120 MH 1985 PLC 035632) dated March 15, 1985 with Registrar of Companies, Maharashtra at Mumbai and received the Certificate for commencement of business on March 15th 1985. The name of the Company has been changed to Morarka Finance Limited on May 28th 1993.
The Company commenced its business in 1985 with an initial capital of Rs. 44 Lacs identifying investment activities (Trading and marketable securities) as its core business. The same continued to be the sole activity until 1992 when the Company made a foray into other related activities including Merchant Banking and OTCEI trading.
 The capital base was also enhanced to Rs. 157 Lacs in the year 1993-94 to meet the requirements of its expanded business. The Company also worked as a Category II Merchant Banker and in that capacity provided its services in the capacity of Co-Manager for some of the Public Issues.
The Company has underwritten over Rs. 7 Crores worth of issues. At times the Company also worked as an authorized agent of the American Express Bank for the Issue of Travelers Cheque. The Company was also holding a license from the RBI.
The Company made its Initial Public Offer of Equity Shares in 1994 to augment resources to meet the needs of its planned growth, which was a major success. The Company’s shares are listed on the Stock Exchange, Mumbai
(BSE). The Company has been promoted by Mr.G.R.Morarka.
During our long stint with the stock markets, we have acquired all the knowledge and every possible skill to help investors gain from the markets. Nature of the stock markets is considered highly volatile which makes it necessary for ordinary investors to have access to people with expertise in finance and trade. MFL has emerged as one such institution where such expertise is painstakingly honed and nurtured for the benefit of our clients and associates.
Morarka Finance has enjoys a rich tradition transparency and
morality. It is always forthcoming in implementing the guidelines
of SEBI, The Ministry of Corporate Affairs and other
statutory/regulatory bodies. Even though the company has its own,
independent setup, an easy access to the collective expertise of
associated companies of the parent group often come as a boon
making it a stronger player in the market.
Objectives of MFL
Morarka Finance Limited is the Leading Non Banking Finance Company (NBFC) from the Morarka Group. It has undertaken series of initiatives to diversify its traditional business activities. Its growth has been composite. At present it is engaged in the activities related to the Portfolio Management which includes Investment in Securities, Corporate Advisory Services, Advancing of Loans.
Major Objectives of the company are:
(1) To carry on the business of an investment company and to buy, sell, invest in and acquire and hold, shares, stocks, debentures, debenture stock, bonds, units and securities issued or guaranteed by any company constituted or carrying on the business in India or elsewhere and debentures, debenture stock, bonds and securities issued or guaranteed by any government, state, dominions, sovereign, public body or authority, municipal , local or otherwise and that the company shall not carry on the business of Banking as defined under the Banking Regulation Act, 1949.
(2) To acquire any such shares, stocks, debentures, debenture stock, bonds, obligations or securities by original subscription, tender, purchase, exchange or otherwise and to subscribe for the same, either conditionally or otherwise and to guarantee the subscription thereof and to exercise and enforce all rights and powers conferred by or incident to the ownership thereof.
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- Basic stock market tip: One mistake that most novices make when the stock market prices are high is that these prices would continue to rise. However, this is a wrong view, since the stock market can fluctuate greatly at any time.
- Buy when prices are low: One of the best stock market tips and one that the successful people have followed is to buy stocks when their prices are low and wait until the prices rise. You should try to fix up a reasonable and practical income target.
- Think out of the box: Another thing that you should do in order to be more successful in the stock market is to take the opportunities that other investors give to you. If everyone else is selling their stocks, go out and buy some of theirs. If everyone is buying, sell some of yours.
- Diversify your investments: Another recommended step from many stock market tips that you could get to follow is to diversify your investments. Some companies may get to face hard times, and your investments on them may go downhill. That is why it is really recommended that you diversify your investment portfolio.
- Allowing your stock to grow: Another stock market tip that you should follow is that you need to allow time for your stocks to grow. When you buy stocks, don’t expect it to rise in value the next day. The value of good stocks usually grows slowly. You should always be patient and wait for the stock to grow in value.
Curtsey: stockmarketsoup.com
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