Harshal

[Investing Accelerator Summit 🚀 @ias_summit]

SPEAKER ANNOUNCEMENT! 📣

We are thrilled to welcome Mr. Nooresh Merani, founder of NooreshTech, to the Investing Accelerator Summit 2026!

Excited to learn from @nooreshtech and his deep experience in Indian equity markets.

🎥 Join us online on Aug 7-8

🔗 Reserve Your Seat:
https://t.co/pxyVFDOJeT

🎟️ Register now for an Early Bird Discount!

[Nooresh Merani @nooreshtech]

Read !!

[Investing Accelerator Summit 🚀 @ias_summit]

SPEAKER ANNOUNCEMENT! 📣

We are excited to welcome @MashraniVivek , the master of TechnoFunda Analysis, to the Investing Accelerator Summit 2026!

Mr. Vivek Mashrani will showcase his renowned TechnoFunda approach in a live stock analysis.

Join us online on Aug 7-8. This is your chance to see a master at work.

🔗 Book Your Seat:
https://t.co/pxyVFDOJeT

🎟️ Register now for an Early Bird Discount!

[Investing Accelerator Summit 🚀 @ias_summit]

Great News for Investors! 🚀

Mr. Ankit Kanodia, co-founder of Zen Nivesh, will be presenting at the Investing Accelerator Summit 2026.

We are super excited to welcome @kanodiaankit12 and look forward to his session.

🎥 Join us online on Aug 7-8.

🔗 Book Your Early Bird Seat:
https://t.co/pxyVFDOJeT

[Ankit Kanodia @kanodiaankit12]

“A big dream is as much work as a small dream. So dream big.”

--Jorge Paulo Lemann

[Harshal @Harshal2109]

🔥🔥🔥

[Dhruv Bajaj @dhruvbajaj184]

Thank you so much Ish for giving the platform.. can’t believe the tribe team @soicfinance have built!!
Hopefully added value in today’s “demerger” focused session
Truly Energised to share a lot more on Open offer & reverse merger front in 2nd part of the special sit sessions🙂

[Dhruv Bajaj @dhruvbajaj184]

Thank you so much Ish for giving the platform.. can’t believe the tribe team @soicfinance have built!!
Hopefully added value in today’s “demerger” focused session
Truly Energised to share a lot more on Open offer & reverse merger front in 2nd part of the special sit sessions🙂

[Nooresh Merani @nooreshtech]

LTCG is not a Revenue Generator but a Deterrent for Money Laundering and Tax on Profiteering by some, but unfair tax for all Genuine Long Term Investors.

Simple Math.

STT gives 50k+ cr a year. To collect same from LTCG at a 12.5% tax rate, the Profit booked must be ₹4 lakh cr.
​Factoring in the Jan 2018 grandfathered base, that requires ₹6–12 lakh cr of Selling . EVERY YEAR.

The market simply isn’t deep or large enough.
( Total Estimated Delivery volumes in a year 30-70 lakh cr )

MFs holding=30 lakh cr
FIIs holding= 60-80 lakh cr.

Btw MFs get taxed on redemption by end retail.

So why LTCG !!

1) To deter Money Laundering and Tax Evasion.

A lot of indian operators took an illiquid full controlled stock 100x laundered money for ages without bothering anyone. Some became too shrewd by dumping at 100x to retail via sms, whatsapp, youtube etc or to automated ETFs. Charge the Profit as well as Loss and dump also. Jugaad of highest order ( a couple of such cos ended up in MSCI index)

Even entities caught would get a stay or win in Court.

2) Taxing the Unlisted cos, New IPOs, Promoters, PEs, VCs etc

In the last 5-6 years my assumption is a large part of LTCG collected came from new IPOs where PEs, VCs, promoters etc got exits. No grandfathering full Tax. These companies were not listed not even large in 2018.
Also unlisted company transactions. ( Did bureaucrats and ministry had a vision for such collection ?)

A lot of hyperscalers have hardly any taxable profit for long and got a tax free exit as well.

The Individual Direct Equity Investors are irrelevant.

11.5 lakh trade > 10 lakh gross value in a year.
2.3 lakh > 1 cr. But this group does 90% of individual volumes.

Apart from this Dividends are also Taxed. Buybacks still taxed for Promoters.

LTCG and other taxes have been a big deterent for Global Money to flow to India and makes it worse with 4.5% on 10 Yr US bonds and better opportunities and valuation globally.

Only way there can be any LTCG change is when India wants to attract Capital - Global , Domestic, NRI etc. But that also needs Earnings Growth, Stability etc apart from Tax.

My only guess is LTCG cannot be increased further because at 12.5% & 20% STCG plus surcharge its very close to corporate Tax of 25%.

Btw I wrote this in 2019 with a long article as well.

#SundayThoughts

[Shashank Udupa - SEBI RA @ShashankUdupa1]

I hosted @kanodiaankit12 on the podcast again.

Last time we spoke, most micro caps were bleeding. This time, we went somewhere I didn't expect - a full breakdown of consumption as a sector.

Food. Retail. Cinema. Amusement parks. Luggage. Hotels.
45 minutes of pure insights.

But the thing that hit me hardest had nothing to do with stock picks.

He said: "You're not an allocator of money. You're first an allocator of time."
Every investable rupee he has goes into equity. No FDs. No debt funds. Because he's clear he's still in asset creation mode.

His portfolio? 15 stocks max. His co-founder runs 5.

Concentrated. Intentional. Not 50 stocks dressed up as "diversification."
Most people in their 20s and 30s obsess over asset allocation. That's a preservation mindset. You can't preserve what you haven't built yet.

He also admitted the market has humbled him on stocks he's held for 3 years. No spin.

Even said he's considering selling one position just to see how he feels about the business without owning it.

That kind of self-awareness is rare.

Watch our full conversation here - https://t.co/r7al3mmzAu

[Zen Nivesh @ZenNivesh]

Cycles change. Relevance shifts.

Most businesses suffer when the world becomes uncertain. Costs rise, demand weakens, visibility disappears.

But every now and then, uncertainty does something else. It quietly redraws the value chain.

In the middle of wars, supply disruptions, and energy insecurity, something interesting is happening. Countries are not just reacting to higher prices. They are rethinking dependence. Oil chokepoints like the Strait of Hormuz, disrupted LNG flows, and volatile global supply chains are forcing a deeper question: what do we truly control?

And when that question gets asked, the answer almost always begins underground.

Because before a nation can mine more, extract more, or secure resources, it must first discover what it has. Exploration stops being a background activity. It becomes the starting point of economic resilience.

That is where businesses like South West Pinnacle Exploration sit. Quietly at the beginning of the chain. And over the last two decades, the company has steadily moved from a basic drilling contractor to an integrated exploration player, adding capabilities across CBM, seismic, aquifer mapping, and now even early steps into resource ownership.

The near term will never be clean. Diesel costs move. Projects get delayed. Contracts come and go. This is a business where execution never stops mattering.

But the more interesting question is this:

When the world becomes less predictable, which parts of the value chain become more essential?

Full blog written by @Harshal2109 https://t.co/fERr5fjUHj

And as investors, are we spending enough time understanding businesses that sit quietly at the very beginning of the chain?

[Zen Nivesh @ZenNivesh]

Our first ever deep dive on a foreign business. 🤗

6500 words

Multi-decade history covered

Presented in an easy to understand simple words.

No technical jargons.

But it will test your attention span. Are you ready?

https://t.co/fevbGJDR9f

[Santosh @Santosh8747134]

1/22

I just finished an incredible masterclass by @kanodiaankit12 with @Upsurge_club, and it completely reframed my perspective on the "Growth vs. Value" debate — they are two sides of the same coin.

My key learning from this masterclass 👇

[R @AlphaWizarDD]

A goldmine for Microcap Investor!!

Bookmark it!!

[Ankit Kanodia @kanodiaankit12]

Read the full article here:
https://t.co/PLj6AC2DcT

[Ankit Kanodia @kanodiaankit12]

I tried to sell value investing to Manish bhai ( @MysticWealth11) and ended up learning from him that after all value, momentum, quality, all are just factors. And he has them all. Fascinating conversation. Thanks for a lovely evening and time.

[Ankit Kanodia @kanodiaankit12]

@IIC_Conference I have looked at so many sessions in IIC over the years and learned immensely from them.

Thanks for such an initiative, @Jatin_Khemani bhai

Wish you all the best for all your future endeavors.

[Ankit Kanodia @kanodiaankit12]

Again in HSR!

What a great business idea.

He prices the 🥜 chaat at INR 130 per plate.

And the Protein Sprouts Chaat at INR 100.

You feel that you had a great deal. Healthy food, cheap price.

He doesn't want to sell 🥜 chaat. The price is to lure you. :)

Anchoring Bias!

[Ankit Kanodia @kanodiaankit12]

@riteshmjn @SamitVartak 💯

Wrote on similar lines recently for Banking and financials.
https://t.co/PCZNyNKX0P

[Zen Nivesh @ZenNivesh]

Faith in chaos, strength in silence.🙏

On this sacred occasion of Ram Navami, may the life of Lord Rama remind us of something simple yet powerful: to stay grounded in values even when the world around us is uncertain.

In a world that often rewards speed and noise, Shri Ram’s journey teaches patience, discipline, and quiet resilience. The ability to do the right thing, even when it is the harder path.

May this day bring clarity in thought, strength in action, and devotion in whatever we choose to pursue.

Wishing you and your loved ones a very blessed Ram Navami.🙌

[Zen Nivesh @ZenNivesh]

10,000 readers. 🚀
All organic.🎊

Less than a year ago, we started writing with a simple intent, to understand the microcap space and share it in a way that truly connects.

No paid boosts. No shortcuts. Just honest writing, every single week.🤌

And today, on the auspicious occasion of Ram Navami, crossing 10,000 of you feels even more special.💫

Every read, every share, every message, it has meant more than you know. Thank you for trusting us.🙏

To make this journey a little more personal, we’re trying something new, you can now listen to our blogs in our own voice, wherever you are.

Here’s the first one:
https://t.co/Dg3eQUFIS2

It's not perfect. A work in progress. However, we would love to hear how it feels. 🙂❤️