The middle class is the backbone of India, yet we remain the most underrepresented group. No one fights for us, no one prioritizes our needs, and the government continues to tax us left, right, and center without offering much in return.

With Budget 2025 approaching, it's time for the middle class to have a voice. We need a platform where we can discuss:

• Unfair taxation & government policies
• Rising cost of living & financial struggles
• Housing, education, healthcare, and savings challenges
• The lack of subsidies or benefits for the middle class
• How we can advocate for change

This is why I've created r/IndianMiddleClass – a community for and by the middle class. Whether you want to vent, discuss, share insights, or find solutions, this is your space.

Join us and help build a strong, united middle-class community! 🚀

👉 r/IndianMiddleClass

Upvote, share, and invite others who relate to our struggles! 💪

In other words, can short-term capital losses from a family member’s account be transferred through gifting and then used to offset gains in my account? I’ve found plenty of resources on the tax implications of gifting stocks and short-term capital gains, but I haven’t found anything specifically addressing whether losses can be transferred this way.

Adani Power and ACC are currently the only 2 Adani stocks with PE <20...Adani Power itself has seen about 30% correction in last 6 months itself despite 153% compounded profit growth in last 3 years!

What is your view (buy/sell/hold) regarding the company at the current price?

I have become a bit skeptical about the stock at current price since thermal power is a sunset industry so future of the company is dubious. But Adani stocks show extreme volatility and riding that momentum itself can make people lucky despite their flawed valuation.

Stock zoomed in 5% today in a single session maybe hinting at good results tomorrow.

https://preview.redd.it/jotg80ekryfe1.png?width=1448&format=png&auto=webp&s=b32b5448f5107a39b86902cf58be9cf192904bee

https://preview.redd.it/m694hnwkryfe1.png?width=2247&format=png&auto=webp&s=88d3a5d689cccc4f8a5a8d29ea42203d8f03cf52

At present, there are 10 companies over $1 trillion - out of which 9 are in the US and one is Aramco.

In India, there are only 3 companies over $100 billion - RIL with $200 billion at the top followed by TCS and HDFC.

Either of the two things can be true:

1. The US market is blown out of proportion
2. Indian market has not scaled as much as the US market after Covid

I mean the difference between the marketcap is just ginormous. It's trillions of dollars. I mean NIFTY500 marketcap is pretty much the marketcap of one company - Apple. Crazy when you think about it.

Will India be able to catch up in the next 5-10 years?

I wish to start an SIP mutual fund, I can invest 10k each month and am planning to divide this amount as follows:

Small cap: 2.5k Mid cap: 2.5k Large cap: 2k (Open to suggestions for which MF in these 3 categories)

I want your insights on more 1 or 2 mutual funds I can invest in for the remaining 3k. (Will an international fund be effective for me)

Also let me know if this strategy is going to work in the long term (>10 years) and beyond. (I plan to also increase this 10k amount by 5k every year for increased return)

I’m young and can take moderate to high risk!

I recently started investing in a Nifty 50 Index Fund and chose Navi Nifty 50 Index Fund Direct Growth due to its much lower TER compared to others in the category. However, my experience has been nothing short of a disaster, with fraudulent NAV allocations and transaction failures. In just a single month, I have already faced two issues with them despite placing my orders well before the cutoff 3:00 PM cutoff time via MFCentral.

Instances of Fraudulent Allotment:

1st instance: Placed an additional purchase request before the cutoff—no units allocated, no update for days!

2nd instance: Received SMS confirmation before 2:30 PM, yet was allotted units as per the next day NAV instead of the same day. Clear SEBI rule violation!

I've come to the realisation that Navi AMC is unreliable and incompetent. Don’t fall for the low TER trap—it’s worthless if your transactions aren’t honored correctly. I’ve invested in multiple AMCs and never faced such issues elsewhere.

I’ve escalated this to SEBI SCORES, stopped all further investments in Navi AMC for now. Just wanted to knopw if it's just me or has anyone else faced similar issues with Navi?

I've had a kotak 811 zero balance account for a year now and it was fine but suddenly from last October they've been deducting money automatically from my account without any notice and those charges don't even show up in transaction records.

Lose about 150 every month like this and the account doesn't need any AMB as it's a zero balance account.

I just deposited some 120 rupees to pay for a subscription but they immediately deducted all of it without notice.

I didn't receive any notice regarding this either.

** Edit: **

Will keep updating this thread as many people are asking for updates.

As of 28/1/25 10pm

I noticed the hidden charge deducted amount actually shows as combined account balance but the actual bank balance shows zero rupees.

At 12;30pm, I finally got time to sit and write a complaint to the bank's online portal and as of 10pm I haven't received any response from the bank yet.

I will wait for two more days and visit the bank in person or look into other ways to contact the bank if I can't go there in person

Edit 2:*

SOLVED

Bank couldn't get in touch with me on time but I had a deeper look into my account details and noticed that I had a lien of -165. I don't have any loans or a credit card.

Apparently this lien was because of failed recurring payments of subscription as per some bank's response to a support request online. Since I'm a student I don't readily have money in the account most of the time.

I also noticed some POS Decl fee in my statements of existing balance that I had before in the account but no pos fees were shown for the amount that were deposited later.

I cleared the lien amount and account balance is back to normal

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

As the title says, I ended up investing in Mutual funds without doing prior research. The only thing that I looked for was how much returns a fund gave in the last 3-5 years, which I now realise was a terrible idea because of covid and stuff and I don't want to go too deep into that.

Here is what I invested in the last 6 months since I got my first job (INR 29K monthly):

With the recent market fall, I am looking to diversify and switch to good funds that can help my recovery and give good returns in long term. Starting from next month, here is the updated list that I came up with for my investments.

Can someone with fairly good experience in investments let me know if I am doing the right thing or if there is something major that I am missing out. I am trying to align towards large cap to reduce risks associated with volatility.

Another important question: Is making such a drastic diversification gonna affect my compounding benefits? Or is it negligible in the long run? Do I even need to do this or should I stop panicking and let the things play out?

I currently have an SIP of 5k per month in an index fund which is valued around 1.4 lakh. I am potentially about to get back around 1 lakh which I had saved up but given to my parents for some emergency use. My question is whether to invest it in the same index fund, or start a new midcap/bluechip or other MF and start a new SIP to diversify my portfolio? Or is it better to add this amount to my PPF account which has around 3.5 lakh in savings? I cannot invest a lot since I'm a begginer in litigation I literally earn pennies and can't save more than 7k per month.

I am unable to log into my PF account as it says the account is locked. I have already submitted a grievance form with all the required details, and below is the response I received. It's been more than a month, and I have no idea how to proceed from here. I lost my job previous month and need the money. Can anyone advise on what I should do next?

This is the response I got:

Current Status :

CASE DISPOSED OF

Final Decision :

With reference to your grievance it is informed that an email has been sent to the establishment for verification of the details of the member. On receipt of reply from the establishment , further process will be initiated.

https://preview.redd.it/0ufhuivwisee1.png?width=1265&format=png&auto=webp&s=7029feed25cf937e11fc3c391a894859dfb303a0

This is the promotional content thread for this month. This will be a recurring thread where we waive the "no self promotion" rule that we enforce so strictly.

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Don't respond to another top-level comment with your own 'thing'. Link only comments will be removed - you must provide a summary about what you are linking.

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There may be paid features locked or some articles maybe available on payment, but if the entire article cannot be viewed for free or the results of a tool are blocked without payment then such a submission may be removed.

If collection of user data is required to use the thing you are sharing we STRONGLY encourage you to contact the moderation team first. If the moderation team has concerns about data you collect, the comment may be removed and may not be reinstated in a timely manner.

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Please upvote what you like, but focus on providing respectful feedback for what you don't like. Many people who make something would love to hear from you, so be a community, and be kind.

Wondering whether you should post here? Take a look at the previous promotional threads.

Before taking home loan, I have about 6 CCs & 100% payment record. It has been 2 months since I took home loan & the EMI payment is also on time.

I checked my CIBIL from Google pay & my score improved by 20, while I checked my CRIF from Credit & my score descresed by 80.

Can't understand this illogical sideways movement from both entities

I'm planning to buy a property worth ₹1.2 crore. My wife will take a home loan of ₹60 lakh in her name, and I will contribute the remaining ₹60 lakh as equity (without loan). I want to be a co-owner of the property but not a co-borrower on the loan. Has anyone dealt with a similar situation or know if any banks in India offer this option?

Through some digging i found this SIP which was recommended a lot in this subreddit. This is my first time investing it and i want to know whether this is a SIP to go for as i will be using my allowance every month for next 5 years. Kindly recommend any other SIPs that fits for some of my background.

Used to read almost everyday. It was always a little "basic" but everything there was a decent starting point. Not feeling engaged to any of the topics anymore.

Case in point: https://finshots.in/archive/why-is-meta-giving-up-on-fact-checking-community-notes/

Meta giving up fact checking is an entirely political issue -- US specific -- with nothing to do with finance. (Even in the political context, it misses out the nuances of what the fact-checker's caught and left in the past.)

I am currently 20 years old and have never had health insurance before. I was considering getting health insurance for myself and my parents, who are above 50. However, after speaking with HDFC ERGO, they informed me that certain benefits would not be available for my parents, and I would need to fill out a form regarding that.

Now, I’ve decided to purchase insurance just for myself, but I’m wondering what points I should consider before getting one. Should I opt for monthly payments? Should I include a deductible? And is it worth using platforms like PaisaWapas or CashKaro for extra cashback?

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

Goal: Gradually accumulate a minimum of 10% and a maximum of 30% of my current net worth in gold over the next two years.

Current Net Worth: ₹1 Crore(Till 31st Dec-2024). (calculated quarterly using a Google Sheet formula that subtracts total liabilities from total assets).

Assets:

• Mutual Funds (retirement portfolio and child education portfolio)
• Indian Equities (ETFs and shares)
• Foreign Equities (ESPP and RSU)
• Fixed Deposits (mine and wife's)
• Recurring Deposits (mine and wife's)
• EPF Balance
• Savings Account Balance

Liabilities:

• Home Loan (only 5% remaining)

Gold Holdings:

• Currently, I hold approximately ₹2.5-3.0 lacs in physical gold and ₹1.6 lacs in Sovereign Gold Bonds (SGB).
• I do not have any ancestral or inherited gold.

Gold Allocation:

• Wife: 10% (as a hedge for our/my retirement portfolio)
• Child 1: 10% (as a hedge for their education portfolio)
• Child 2: 10% (as a hedge for their education portfolio)
• The intention is to use the children's gold share for their marriage after their higher education. However, if I am unable to accumulate enough money for their education, I may need to sell some of their gold allocation.

Concerns Regarding Gold ETFs:

I have limited experience with digital commodities beyond Sovereign Gold Bonds (SGBs). I am concerned about the liquidity of digital gold due to fluctuations in the underlying commodity market and potential indirect taxes. For example, I am concerned about the possibility of delays in my Net Asset Value (NAV) settlements if the custodian bank faces financial difficulties. Additionally, I am uncertain about the potential impact of disputes within the London Bullion Market Association (LBMA) on my investments

New Investment Strategy:

Since SGB is no longer available, I am exploring alternative investment options for gold. My plan is to invest a fixed amount monthly in:

1. Physical Gold: Through GRT/Tanishq jewellery gold flexi schemes, which offer either:
   • Value-based option: Up to 18% discount on wastage charges.
   • Weight-based option: 50% discount on wastage charges.
   • I am guaranteed physical gold after 10 months based on accumulated value. However, I need to consider gold storage costs and associated risks.
2. Gold ETFs: I have chosen HDFC Gold ETF and UTI Gold ETF based on the following factors:

I have been a customer of niva bupa , i want to just avoid the anxiety and declare that I smoke , I don't smoke regularly, tbh during entire 2020 and 2021 i didn't smoke one cigarette. But just that occassional one or two cigarettes in 2 month out of stress.

Now it's been 3 years since the policy started and i took the policy when i was a non smoker and I planned to disclose now. What are the steps i have to take to disclose this....should i disclose it to my term insurance provider too?

The agent in niva bupa has said that I don't need to worry about premium change as 3 years have been passed and that if you disclose no issues.

Original Source: https://boringmoney.in/p/ketan-parekhs-buddies-were-front [my newsletter Boring Money, if you like what you read do visit the original link to subscribe and receive future posts directly in your inbox]

--

If you’re a large fund managing billions of dollars and looking to buy a stock, you would typically call one of two people:

• Your favourite stockbroker.
• Your favourite investment banker.

Both of these are perfectly reasonable choices depending on the situation. If you’re buying a liquid stock with a lot of sellers in the market, you can go directly to your stockbroker and tell them which stock at what price and you’ll have it. If the stock is a little less liquid you might have to go to your investment banker first and get them to incentivise other investors to sell.

What if you mixed things up? If you went to your broker to buy a stock that was less liquid and to your investment banker for a stock that was more liquid? [1] That would not make sense. If you placed a large order for a stock without enough sellers, the price of the stock would shoot up. You might not get the stock at the price that you want. And if the stock happens to be liquid, why would you want to pay a middleman fee to an investment banker in the first place? [2]

Here’s a SEBI order from earlier in the month about how Capital Group, a large American $2.7 trillion fund manager, was defrauded. The order doesn’t actually name Capital Group—it’s supposed to be the victim, after all—but the entire reason Capital could be defrauded was that the company, instead of calling up its stockbroker, called up its investment banker. Wait, scratch that. Capital didn’t even call up an actual investment banker, it called up some random guy named Rohit Salgaocar with a no-name financial services firm in Singapore.

A $2.7 trillion fund manager took its trades to a random guy and those trades ended up being front-run. The random guy and his accomplices made at least ₹65 crore ($7.5 million) in the process. Fun!

Passing the information

When Capital Group’s traders wanted to buy a stock, they went to Rohit Salgaocar. Salgaocar didn’t work at an investment bank, he just had his own firm registered in Singapore called Strait Crossing, which doesn’t even have a website. Salgaocar’s apparent job was to arrange for sellers for whatever stock Capital wanted to buy.

When Capital’s traders told him about the stock they wanted to buy, Salgaocar passed it on to Ketan Parekh, a financial fraudster with a well-known history. Here’s Salgaocar’s statement to SEBI:

[…] Rohit Salgaocar stated that for executing trades of the Big Client, he used to find counterparties through different market participants including foreign funds, Indian funds, other holders of the shares and Ketan Parekh. However, as per the statement of Rohit Salgaocar, around 90% of the Big Client trades were being fulfilled by Ketan Parekh alone.

Salgaocar told SEBI that his job was to look for sellers for Capital Group (the Big Client). And yet, he almost always took the the trades to Ketan Parekh. Did it worry him that Parekh had a history of financial fraud?

Rohit Salgaocar has also stated that his extent of due diligence, before engaging with Ketan Parekh for Big Client trades, was just to check that Ketan Parekh was not banned from dealing in Indian Securities Market.

Oh well, low bar.

Once Ketan Parekh got his information, he activated a network of brokers and traders (at least 16 of them) who did exactly what Parekh asked them to do. Here’s an example. On September 19, 2022 at 9:59 am, Capital’s traders messaged Salgaocar telling him that they were in the market to buy HDFC stock. Within 4 minutes, Parekh told his buddies that they should start buying HDFC shares. By 10:33 am, they confirmed that they bought 100,000 HDFC shares at ₹2,433.32 each.

Next, and I don’t know what calculation they ran through their heads, but Salgaocar got back to Capital’s traders and offered HDFC’s shares at ₹2,446 per share, that’s ₹12.68 more than their buying price. Capital wanted 250,000 shares and placed its huge orders for HDFC, and Parekh and buddies sold their shares to Capital. They made ₹12.6 lakh ($14, 700) on this trade.

Some interesting points! Capital wanted to buy 250,000 shares but Parekh’s group had only bought 100,000. Yet Capital was able to get all the shares it wanted from the market at the price it wanted. Only about 40% of the 250,000 shares it bought came from Parekh. HDFC was a liquid stock! There was no need to whip up sellers to show up, they were always already there! The profit that Parekh made came from the price difference which Capital could have taken directly.

That’s how a bunch of other trades worked as well. In some situations, Capital wanted to sell a particular stock, and Parekh’s buddies shorted that stock instead. Everything put together, SEBI figured that Parekh and buddies made ₹38.7 crore ($4.5 million) by front-running Capital’s trades.

The known unknown

Rohit Salgaocar is an interesting guy. There is no mention of his credentials anywhere and no one is sure why or how Capital Group engaged him as a middleman. From SEBI’s order:

[…] the Big Client stated that it did not have any agreement with SCPL or Rohit Salgaocar. However, traders of the Big Client, who knew Rohit Salgaocar, engaged with him while trading with respect to securities listed in India. The trade related conversation between Rohit Salgaocar and traders of the Big Client used to happen over Bloomberg chats and calls. In their statements, the traders have stated that Big Client was aware of the dealings with Rohit Salgaocar.

Capital’s traders communicated with Salgaocar on Bloomberg Chat and that’s as official as it can get for finance folks. Yet, there was no real agreement between the two. They were passing on valuable information to some guy who didn’t technically owe them a thing.

He had no agreement with the Big Client for his services and had commission sharing agreements with the Indian TMs viz. Motilal, Nuvama etc. As per the agreements, the brokers would give him 75% of the net brokerage income after excluding costs from the trades of the Big Client. […] he had routed 90% of the Big Client trades through Nuvama and Motilal.

Salgaocar didn’t have an agreement with Capital Group, but he did have one with two large Indian stockbroking firms—Nuvama (earlier Edelweiss) and Motilal Oswal. Once Salgaocar got Parekh’s go-ahead, he would ask Capital’s traders to place their orders through one of Motilal or Nuvama. The agreement with the two brokers was that 75% of the brokerage they made would be Salgaocar’s fee. A referral fee for bringing in such a large client’s trades to them.

Salgaocar made ₹27.06 crore ($3 million) in the ~2 year period that SEBI investigated. This isn’t money he made shadily via front-running. This is money the brokers gave him because they felt they owed it to him legally! Salgaocar was making legal money but chose to help Ketan Parekh make some illegal money as well?

None of this makes sense! Why did Salgaocar pass on Capital’s trades in spite of making millions anyway? Why did Capital go to the broker Salgaocar liked and not the one that made the most sense for them? Even if Salgaocar was presumably bringing in sellers, and Capital knew that he is getting referral fees from the brokers, couldn’t it just cut the fees and negotiate a lower brokerage instead?

Everyone’s connected

Here’s what I wrote last year for another front-running case:

One of the challenges that SEBI faces when proving securities fraud is connecting different parties involved in an apparent fraud with each other. Last year I wrote about an instance of near-certain insider trading that SEBI couldn’t defend because it couldn’t prove that the participants were connected beyond being in-laws. Life is tough.

Sometimes life is easy for SEBI, sometimes it isn’t. This particular case needed quite a bit of effort into proving that everyone was connected with one another. In the end SEBI did make a pretty compelling case.

Salgaocar’s involvement in the front-running seems to have been limited to the initial information collection phase. Once he passed on the information to Parekh, SEBI’s job was cut out to show that Parekh and his buddies interacted with each other in ways that would prove that they were trading based on Capital Group’s information

First, SEBI seized everyone’s mobile phones and read all the WhatsApp chats. [3] From those chats, it figured out which were the chats with Parekh. That was quite a task. From the SEBI order:

It is noted that in none of the mobile phones, the contact numbers were saved in the name of Ketan Parekh and instead, various pseudo names such as, “Jack”, “John”, “Boss”, “Bhai”, “Wellwisher”, etc. were used to save these numbers.

Parekh had at least 10 different mobile numbers, and those numbers were saved with dummy names on the phones of Parekh’s buddies. The mobile numbers weren’t registered in Parekh’s name, so SEBI had to prove that the numbers indeed were used by Parekh. One way it did that was by getting the location history of the phones from Parekh’s network operators. There were some situations where the phones were showing up together in the same location.

It’s a bit funny where they were spotted—at hotels where the Parekhs were attending weddings. SEBI wrote to each hotel to confirm that Parekh did actually stay there:

Hotel authorities, vide email dated November 03, 2023 confirmed the stay of Mr. & Mrs. Ketan Parekh in Room No. 340, for attending a wedding. Mr. & Mrs. Parekh has also shared their Aadhaar as identity proofs to the Hotel.

The hotel manager would not have expected to receive an email from the securities regulator! All the hotels were more than happy to share exactly when Parekh stayed with them and even his room number.

Parekh attended 4 weddings in 6 months. Being a social butterfly has its downsides.

Pay up

This is bound to be the first of at least a couple of SEBI orders about this episode. To start with, SEBI wants to impound the ₹65 crore that Salgaocar, Parekh and the buddies made from the front-running. Salgaocar is a Singapore citizen though and made more than 40% of that money. I’m curious about how that’s going to turn out.

Footnotes

[1] I’m using the weird terms “less liquid” and “more liquid” because technically anything such a large fund buys has to be liquid. It’s not going to be able to buy truly illiquid stocks. So it’s just a matter of how liquid.

[2] There are other services that investment banks can offer. For instance, they can also buy shares on their own balance sheet if the fund’s willing to pay up for that privilege. Or they can help execute block trades at a fixed pre-decided price.

[3] How is it that they haven’t discovered automatically disappearing chats yet? SEBI’s case almost entirely relied on reading chats on WhatsApp.

Original Source: https://boringmoney.in/p/ketan-parekhs-buddies-were-front

NSE: GLOBAL

It's a very interesting company with diversified revenue streams - they help students with placements, work on medical simulation, training in the energy sector, distribute ncert books, and also have centres to conduct UPSC GATE CAT exams. Furthermore, they have subsidiaries to manage hostels, sports academies, summer camps, rural youth education, and some more things.

So overall, it is a very diversified company. Trading at a PE of 11 with no debt and consistently increasing earnings and sales by 30+% YoY. Reviews from students seem good and I believe it has lots of room to grow it only has a market cap of 347 cr. 71% held by promoters.

Being in the education business, in my opinion, makes the company a safe bet in economic downturns since they literally help people in getting jobs and train them for the industry. They work with colleges at a local level and so they aren't very easy to displace.

Buying a lot of shares - but thought I would post here first in case I am missing something. Thank you.

You can discuss something like these, ITT:

• What brokerage are you using currently?

• Is the brokerage structure suitable to your needs?

• How is the availability of the brokerage service?

  Do you experience issues with login/authentication? Do you experience issues with posting trades to NSE and BSE? Do you experience issues with executing trades at NSE and BSE?

• How do you rate the brokerage reports provided by the brokerage house?

• How are the ancillary products and services provided by the brokerage house?

• Do you use Smallcase to manage your portfolio, and how was the service?

You can ask for a general review of a particular product, or service that you are researching - Is X good? Is it recommended for long-term delivery trades?, but please avoid asking for personal advice.

The discussion is for consumption by a broader audience. For advice regarding your personal situation, the bi-weekly advice thread is recommended.

Personal advice queries and comments will be removed to ensure that older threads provide sufficient historical reviews on products and services.

Reviews posted here can be relied upon by newer members to evaluate customer experience with these products. Please confine the thread only to reviews or requests for reviews of products and services.

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TATA MOTORS has been priced as a company believing it will go down. Buying it now means betting on the fact that it will thrive!

As per my valuation, if you believe in Tata Motors thriving with industry average growth, average margins and no major disruptions/acquisitions then ₹625-₹775 is a good price to enter (broad range based on your risk profile)

That being said, the DCF value comes out at about ₹630/share which means the share is still OVERPRICED by about 18%.
Overall, it's a relatively safe value investing bet as downside is not much since the stock has already been correcting since past few months due to bad results.

Also, in JLR, it remains to be seen that how their infamous Jaguar rebranding plays out over coming years (Jaguar Type 00; expected launch in late 2025??), if it improves Jaguar numbers and overall JLR numbers, then we might see P/E repricing of the stock as investor confidence returns in the company (Value corresponds to the lower discount rate estimates)

Link for the DCF spreadsheet in comments.

I have very low capital to invest in MFs/EFs/ETFs per month. I can manage to put only 3000rs at the max/month. Is it advisable for me to go ahead with this? I am a First Year college student studying BCOM. Or shall I put this amount of money on myself? Learn some courses and skills myself (creating multiple income sources) Then go into investing once I graduate from College with my income (salary).

https://theleakycauldronblog.com/blog/indian-financial-bubble-stock-market-frenzy/

India’s stock market experienced significant growth from 2014 to 2023, driven by government spending and liquidity injection. However, this growth has not translated into robust private consumption or job creation, raising concerns about a potential financial bubble. Policymakers should reallocate expenditure, improve financial literacy, and revive the banking system to mitigate these risks.

Hi Everyone.First time posting here.

I work in a MNC. Actually I had withdrawn money from my EPFO account on basis of medical illness but it was for other reasons. Now my corporate HR welfare has mailed me that there would be inspection on this matter. And disciplinary action would be taken if reason for withdrawal was false.

When I applied it didn't ask me attach medical docs so I thought I will be fine.

I'm scared what should I do. Will I lose my job or police would be called on me?

Editing post what was my reason:

My mom had undergone a surgery and as she was not applied in HIS, so that was out of option. Had to take loan from a family member So I thought whatever loan is taken would repay them in installment. So had to take small sums of money from EPFO I thought there wouldn't be issue as no documents were asked for and withdrawal was automatically approved in system.