Wealthrays Wealthrays

Presently member of only Madras Stock Exchange. So technically still sub-brokers.



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Year of Incorporation 2011
Website http://www.wealthrays.com/
Phone 080-49203300
Exchanges enabled NSE, BSE
Demat (NSDL/CDSL) NSDL/CDSL through DP of Madras Stock Exchange
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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Profit after Tax FY11/12 NA
Profit after Tax FY12/13 Rs 3.1 Lakhs
Profit after Tax FY13/14 - Rs 1.07 Lakhs
Profit after Tax FY 14/15 Rs 73.6 Lakhs
Profit after Tax FY 15/16
Debt FY11/12 Nil
Debt FY12/13 Rs 7.7 Lakhs
Debt FY13/14 Rs 6.2 Lakhs
Debt FY14/15 Rs. 20.3 Lakhs
Debt FY15/16
Profit to Equity(%) FY11/12 NA
Profit to Equity(%) FY12/13 4.8
Profit to Equity(%) FY13/14 (2.48)
Profit to Equity(%) FY14/15 57
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 NA
Balance Sheet Size FY12/13 Rs 2.18 Crores
Balance Sheet Size FY13/14 Rs 1.45 Crores
Balance Sheet Size FY14/15 Rs 26.4 Crores
Balance Sheet Size FY15/16
Online Presence
Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 NA
Active clients - 2014 NA
Active clients - 2015 NA
Active clients - 2016 NA
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Brokerage

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Equity Rs 14 per executed order or 0.01%/0.1% whichever is lower
Equity Futures Rs 14 per executed order or 0.01% whichever is lower
Equity Options Rs 14 per executed order or 0.01% whichever is lower
Currency Futures Rs 14 per executed order or 0.01% whichever is lower
Currency Options Rs 14 per executed order or 0.01% whichever is lower
Commodity NA
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Account Opening Costs

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Trading only Rs 333
Trading & Demat Rs 777
Commodity NA
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Transparency & other costs

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Equity 0.00575% for intraday - 0.00825% for delivery
Futures 0.0045% of turnover
Options 0.1% of premium turnover
Commodities NA
AMC charge Rs 400/year
DP Transaction Charge 0.05% of debit transaction (minimum: Rs 35)
Offline order placing Charge Rs 18 per order
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Platforms

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Software
Web/HTML 5
Mobile
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Charting

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Intraday 5 days
End of Day 3 years
Coding/Backtesting
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Reporting

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Online Trade Reports  
Online PNL Reports  
Online Contract Notes  
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Margins

Leverage Provided

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Equity Upto 8 times for intraday and 0 for delivery
Equity Futures Upto 2 times intraday leverage
Equity Options Buying no leverage, Shorting upto 2 times for intraday leverage
Currency Futures Upto 2 times intraday leverage
Currency Options Buying no leverage, Shorting upto 2 times for intraday leverage
Commodity NA
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Support & Tools

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Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
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Convenience

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Wealthrays

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NEWS ON WEALTHRAYS

India's economy on the rise as oil price drops - The National

24 January 2015

“India, which is one of the biggest importers of crude oil in the world, is one of the biggest beneficiaries of the fall in crude oil prices,” says Sakthi Prakaash, the lead research analyst at WealthRays Securities, a broking, research, and corporate ...and more »

India's economy rides the Modi bandwagon - The National

10 January 2015

Kiran Kumar Kavikondala, the director and chief executive of WealthRays Securities, points out that a rebound in oil prices would be negative for the country's current account deficit. Gold is other major cost to India in terms of imports, with the ...and more »

Nifty at 100000 & Sensex at 400000 by 2030: the answer lies in assumptions - Economic Times

05 December 2014

"So, if we apply the same growth rate, 125000 is possible by 2030 on the Nifty & 4,00,000 on the Sensex with support from strong economy growth, stable government at the Center, as well as infrastructure & technology development," says Kiran Kumar ...and more »

Top ten high value stocks; should investors buy, sell or hold? - Economic Times

03 December 2014

We have collated recommendations from various analysts on the top ten high value stocks, which have rallied up to 200% so far in the year 2014: MRF: Can book profits. "MRF has posted strong quarterly results recently with operating margins increasing ...and more »

Nifty may test 11000 and Sensex 33k in next 6-12 months; top stocks to bet on - Economic Times

27 November 2014

However, for the next 6-12 months, global factors may weigh on the markets post the Budget in February. Some global events include China's slowdown in manufacturing, slowdown in Europe and most importantly normalization of the US monetary policy which ...and more »