3rd Annual Conclave set to vote India's Most Valuable Financial Advisory & Stock Brokerage Company 2012
India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking are in the race to the coveted Award at 3rd Annual India Leadership Conclave & Awards 2012
Maharashtra, Mumbai, 9th March 2012: The Stock Market is the one which interest all of the investors, companies, stakeholders etc as one approaches to make a longtime & short time investments. Over the last 5 years or so, India has witnessed many Financial Advisor Firms & Stock Brokerage Companies primarily to encash on the success of India’s stable economic growth in key sectors. These are the Companies which also act as the front companies to give advice to the customers on where to invest money through their network, so in a way, they can definitely make or break a company’s stock in the volatile market place. Brokerage is one of the most important things which one should see before becoming a customer of any broker. This is one thing which will decide the amount of profit one is making and in the long run in & secondly one must see what the type of user interface provided is. In this context, the organizers of Indian Affairs India Leadership Conclave 2012 Business Leadership Awards scheduled to be held on 6th April, Friday, at Hotel Lalit, Bengaluru, India, the four serious contenders who are eying for this coveted Awards are India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking for the coveted & prestigious India's Most Valuable Financial Advisory & Stock Brokerage Company. While India Infoline is the oldest players & has established its presence with a huge network, others such as Bonanza, Angel Broking & Karvy too have strong presence & are constantly increasing their mark as Leading Indian stock broking firms are losing their market share due to the increased share of the options segment in the overall market volume and competition from new foreign players. Needless to add The entry of new foreign players like Barclays, Standard Chartered and Espirito Santo is also expected to eat into the market share of leading Indian brokerages, industry. The share of the options segment in the total equity market turnover increased to 72.68 per cent in the quarter ended March 31 from 54.67 per cent in the year-ago quarter.
Bonanza Portfolio Limited operates as a financial services and brokerage company. It offers brokerage services in the areas of equity, indices, and commodity derivatives, as well as provides depository services. The company involves in fixed income products, such as IPO underwritings, mutual fund distribution, and insurance product distribution. It also offers investment and wealth management services, such as portfolio management and advisory, and structured trading product Established in the year 1994, Bonanza developed into one of the largest financial services and broking house in India within a short span of time. Today, Bonanza is the fastest growing financial service with 5 mega group companies under it. With diligent effort, acknowledged industry leadership and experience, Bonanza has spread its trustworthy expertise all over the country with pan-India presence across more than 1632 outlets spread across 521 cities. Bonanza is affiliated with the best in the industry – right from the NSE, BSE MCX, MCX-SX to CDSL, NSDL, ICEX and USE etc.
The India Infoline group, comprising the holding company, India Infoline Limited and its wholly-owned subsidiaries, straddle the entire financial services space with offerings ranging from Equity research, Equities and derivatives trading, Commodities trading, Portfolio Management Services, Mutual Funds, Life Insurance, Fixed deposits, GoI bonds and other small savings instruments to loan products and Investment banking. India Infoline also owns and manages the websites www.indiainfoline.com and www.5paisa.com The company has a network of 976 business locations (branches and sub-brokers) spread across 365 cities and towns. It has more than 800,000 customers. A network of over 2,500 business locations spread over more than 500 cities and towns across India facilitates the smooth acquisition and servicing of a large customer base. All its offices are connected with the corporate office in Mumbai with cutting edge networking technology. The group caters to a customer base of about a million customers, over a variety of mediums viz. online, over the phone and at our branches.
Karvy Stock Broking Limited provides stock broking and research advisory services in India. The company offers portfolio analysis, depository participant, and financial planning and management services for individuals and institutional clients. It also provides a monthly magazine, Finapolis, which provides up-dated market information on market trends, investment options, and opinions. The company was founded in 1990 and is based in Hyderabad, India. Karvy Stock Broking Limited operates as a subsidiary of Karvy Consultants Limited.
Angel Broking's tryst with excellence in customer relations began in 1987. It has emerged as one of the most respected Stock-Broking and Wealth Management Companies in India. With its unique retail-focused stock trading business model, Angel is committed to providing ‘Real Value for Money’ to all its clients. The Angel Group is a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX & MCX. Angel is also registered as a Depository Participant with CDSL. Angel has Registered Sub Broker base of 9650 and Retail client base of 7.5 lacs. It specializes in Equity Trading, Commodities,Portfolio Management Services, Mutual Funds, Life Insurance, IPO etc
The Award presentation will be held on 6th April in Bengaluru where the Award for India's Most Valuable Financial Advisory & Stock Brokerage Company 2012 will be declared.
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