SBI bought NSE shares in 1993 at ₹0.80/share.
Today they're exiting via OFS at ~₹2,000.
8 crore shares. ₹6.5 crore invested. ₹16,000 crore out.
25%+ CAGR over 33 years.
Your FD is giving you 7%.
@HormuzLetter Trump out here claiming a done deal for his birthday spectacle while Iran laughs it off as 'propaganda' and says no signing tomorrow.
Classic Trump big promises, reality check incoming. UFC at the White House won’t reopen the Strait of Hormuz. it’s just another episode.
A country of 1.4 billion people produces an economy only 4 times larger than Elon Musk's personal net worth.
Think about that.
The future belongs to those who build, innovate, and own—not those who merely consume.
Let that sink in.
India's #Defence Sector has become the new "religion" of the stock market.
Order book? Buy.
MoU? Buy.
Defence exhibition? Buy.
Minister speech? Buy.
Drone flying in a field? Upper Circuit.
Most investors today know the PE of defence stocks but not the profit margins.
For years, Rajesh Exports was celebrated as a ₹ lakh-crore revenue giant
Now SEBI alleges:
• 97-99% revenue inflation
• ₹15 lakh+ crore of misrepresented numbers
• Fund diversion concerns
• Promoter Rajesh Mehta barred from dealing in company securities until investigation
@lalitinvestor But this is the price you pay to ignore CORPORATE GOVERNANCE issues. Never ever trust what doesn't add up, open the balance sheet and you will find all answers. Now you have Agentic AI you need not be a CA to be able to analyse the F/s just deploy some time & keep your eyes open
@lalitinvestor There is much more to this, a big hawala racket & a big Political nexus which needs to get exposed. Over these many years whenever I saw a Buy call on Rajesh Exports I hace chosen to caution knowing what was happening behind curtains, unfortunately poor investors will lose money.
@lalitinvestor Always knew this was coming, never thought it would take this long. Interestingly we did the Quality Review of PC Jewelers as well and that company turned to ashes from being a F&O stock to junk stock in mater of few years Mr. Rajesh Mehta & his political connections saved his 🍑
Parag Parikh — the founder — died in a car accident in the US in 2015. His son Neil took over at age 28. The fund could've collapsed. Instead it went from ₹1,000 crore to ₹1.6 lakh crore. 15.77% annualised return over 5 years. Built on his father's values. Patient. Disciplined. Long term. That's not just investing. That's legacy. 🙏
#ParagParikh