As a mark of tribute to ace investor late Rakesh Jhunjhunwala on the occasion of his second death anniversary, his family and Rare Enterprises has taken out an advertisement in newspapers with a theme ‘Darne Ka Kya’ which lauds his penchant for taking big risks which ultimately paid him rich returns. The message is “the … Read more
“I think the STT on F&O is a step in the right direction. If the idea is to essentially curb volumes on the F&O side I think that is fair enough. I am just saying is that for a long-term investor, there is STT, there is a hike in LTCG, and there is a tax … Read more
Caplin Point Laboratories, which is engaged in developing and marketing a range of generic formulations, has seen a stellar rally in the last 10 year period, rising as much as 2,767%. Accordingly, if an investor had invested Rs 10,000 in the stock four years ago and stayed put, the investment would have jumped to 2.7 … Read more
“I think one thing the market is now trying to price in is that it will survive and I think the first worry was that whether it will survive or not. I think the bigger worry from an investor point of view would be how quickly it can build network, how quickly it can win … Read more
“I think just enjoy sometimes. It is good to enjoy the gains and be happy about it. And wait for bargains. Days like 4 June can come once in a while. But last 40 years if you see, every year there has been a 10% correction. And I think India remains a buy on dip, … Read more
“Like you rightly pointed out rejigging the portfolio or monitoring your portfolio is an annual exercise which you always should do. But there are some periods which are more momentous from a perspective of their timing that at that point in time reviewing your portfolio, making changes makes perfect sense,” says Feroze Azeez, Deputy CEO, … Read more
Although concerned that a thinner majority may restrict Prime Minister Narendra Modi from carrying large-scale pro-growth reforms, billionaire investor Mark Mobius is confident that the bull run is intact and that the Sensex can even hit the 1 lakh mark before Modi finishes his third term. The 87-year-old investor, known as an India bull in … Read more
“We have already established that value creation is different from wealth creation. So, in my experience, there are three large components that create terminal value about which the terminal value investor should have differentiated insight on and those three components are intangibles, megatrends and leadership,” says Utpal Sheth, Senior Partner and CEO, RARE Enterprises and … Read more
Billionaire investor Warren Buffett said that the Indian market has “unexplored” opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore “in the future”. Buffett’s remarks came at Berkshire’s annual meeting on Friday when Rajeev Agarwal of DoorDarshi Advisors, a US-based hedge fund that invests in Indian equities, asked him about the possibility … Read more
“I had invested in Reliance Infrastructure, as you know, because it is on public domain. But now I am thinking that maybe that call was wrong. Maybe while I am talking to you as of now, I am thinking maybe that call was wrong. So, it is okay. We will see to it,” says Vijay … Read more
