DBFS Cherthala

DBFS Cherthala Services offered , Equity, Derivatives, commodity, vehicle insurance, Natioanl Pension system, health insurance,mutual funds, pan card,SIP, LOP. IPO.

To be successful in creating investments that are valuable for your life, abundant patience from your side is necessary,...
04/06/2023

To be successful in creating investments that are valuable for your life, abundant patience from your side is necessary, together with our profitable services.

With DBFS by your side, you can leave aside your worries about your retirement life. Visit our website to know more: www...
17/01/2023

With DBFS by your side, you can leave aside your worries about your retirement life. Visit our website to know more: www.dbfsindia.com

30/12/2022

Sector Update - Ferrous

Metals & Mining - Firm prices and lower costs to improve steel spread

Chinese export HRC prices have risen 14% to USD 585 per ton from a recent low of USD 515 per ton, while Chinese domestic steel prices have also increased 16% to USD 590 per ton from lows of USD 509 per ton amidst reports of opening up of the Chinese economy. Chinese EBITDA spreads continue to remain negative, limiting material downside in prices. Domestic steel HRC spot prices have been range-bound at INR 53,500-54,500 per ton levels and are currently at 5% discount to Chinese import parity prices.

Long rebar prices in the spot market have remained flat over the past two weeks at INR 56,500 per ton indicating to a stable domestic pricing outlook. International spot coking coal prices have risen ~16% over the past month to USD 286 per ton, which however is still 19% lower than 1HFY23 average of USD 352 per ton and would aid steel spreads in 2HFY23. Domestic steel demand in April-November'22 at 75.4 MT grew ~12% YoY and is expected to maintain the momentum.

Valuation of steel companies at 4.4-6.0x FY23E EV/EBITDA is attractive and sentiment would improve with stability in prices and recovery in steel spreads. We maintain BUY on Tata Steel, JSPL and HOLD on SAIL, JSW Steel.

Valuation and Outlook

Domestic steel demand is expected to maintain a growth of 6%-7% with higher outlay on infrastructure and impetus by the government. Steel profitability is expected to improve in 2HFY23 aided by lower coking coal, iron ore costs, and better volumes. Valuation of steel companies at 4.4-6.0x FY23E EV/EBITDA is attractive and sentiment would improve with stability in prices and recovery in steel spreads. We maintain BUY on Tata Steel, JSPL and HOLD on SAIL, JSW Steel.

Effectively plan your post-retirement life with DBFS, and enjoy a relaxed life like a king in your domain of wealth.👉👉 F...
18/10/2022

Effectively plan your post-retirement life with DBFS, and enjoy a relaxed life like a king in your domain of wealth.

👉👉 Follow DBFS Securities Ltd for more content on stock marketing related information !!!

To know more about DBFS Securities Ltd , please visit our website: https://www.dbfsindia.com/

29/09/2022
28/09/2022

The yield on the benchmark 10-year Treasury note jumped on Tuesday, approaching the key 4% level, as investors feared that higher interest rates could persist for longer than anticipated, with US Federal Reserve officials remaining firm on their hawkish stance. On Tuesday, Chicago Fed President Charles Evans, St Louis Fed President James Bullard and Minneapolis Federal Reserve Bank President Neel Kashkari reiterated the central bank's stance, pushing the yields higher.

In a more aggressive stance than before, Evans said the Fed will need to raise interest rates to a range of 4.50-4.75%. He will be a voter at next year's Federal Open Market Committee's meeting. Bullard, a voter at this year's policy meeting, said he sees the likely peak for the policy rate at 4.50%, noting that the Fed will have to persist with the higher rate for some time.

The US central bank hiked interest rates by 75 basis points last week and signalled that more increases are in the offing. The target interest rate was increased to a range of 3.00-3.25%. The policy target range is now seen at 4.25-4.50% by the end of 2022 and 4.50-4.75% at the end of 2023. Investors fear that aggressive policy tightening by global central banks, including the Fed, to tame rising inflation will push the world economy into a recession.

25/09/2022
20/09/2022

DBFS 30 yr celebration highlights

✨ Doha Brokerage & Financial Services Ltd (DBFS) Proudly Celebrating 30 Years of Excellence ✨DBFS is a wealth management...
18/09/2022

✨ Doha Brokerage & Financial Services Ltd (DBFS) Proudly Celebrating 30 Years of Excellence ✨

DBFS is a wealth management company. We do stock broking in the traditional way through our 150+ branches. We also have new tech platforms for broking. We offer flat fee brokerage plans. We are also a non-banking financial company. We lend money against property, securities and gold. We are one of the first corporate brokerages in India. Established in 1992. DBFS is also an Associate of DOHA BANK of QATAR.

👉 Major Milestones of DBFS

✅1992 - Incorporate of Select Securities Limited and membership in CSE

✅1996 - Co-promoted Peninsular Capital Market Ltd.

✅ 2003 - Acquired direct membership in NSE

✅ 2004 - Obtained Depository Participant license; membership with commodity exchanges like NCEDEX, MCX and NMCE; PMS license

✅ 2005 - Setting up of overseas subsidiary in Dubai and membership with DGCX, Dubai

✅ 2007 - Strategic tie-up with Doha Bank; company rechristened as ‘DBFS’

✅ 2007 - Setting-up of offsite support desk at Doha for NRI customers

✅ 2009 - Investment by Mr. M. A. Yusuff Ali

✅ 2015 - Obtained Research Analyst license from SEBI

✅ 2015 - Commencement of full-fledged NBFC operations

✅ 2016 - Obtained FFMC (full-fledged money changer) license from RBI

✅ 2017 - PFRDA Award for NPS Account On-boarding (Non-Bank category)

✅ 2018 - BSE award for Top Performer of Primary Market Segment in debt issue bids

✅ 2018 - Launch of Gold Loan through DBFS network

✅ 2020 - Obtained Investment Advisory license from SEBI

✅ 2022 - Launch of Investment Advisory services

For more details, please visit our website: https://www.dbfsindia.com/

Address

Building No. 22/475A CMC/22
Cherthala
688524

Opening Hours

Monday 8:45am - 5:30pm
Tuesday 8:45am - 5:30pm
Wednesday 8:45am - 5:30pm
Thursday 8:45am - 5:30pm
Friday 8:45am - 5:30pm
Saturday 9am - 2:30pm

Telephone

9747000214

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