Sharath Toopran

Finance. Business. Economics. Reader. Learner. Equity Research. M.I.S | Manipal | Rotman | Toronto | New Delhi |

[Sharath Toopran @SharathToopran]

@Ankit_A Yes

[Sharath Toopran @SharathToopran]

@isha_mtl @flipkartsupport @_Kalyan_K What a shit show eh?! @flipkartsupport is quite clueless.

[Sharath Toopran @SharathToopran]

@deepakshenoy @GPingleCorpLaws Yea. I would've thought of 850 as the Issue Price. Interesting nonetheless. Thx.

[Sharath Toopran @SharathToopran]

@deepakshenoy @GPingleCorpLaws Quick and Dirty: Corps pay more taxes in Case 2 at same issue price strictly on account of higher buy back price. Does that seem fair?

[Sharath Toopran @SharathToopran]

@deepakshenoy @GPingleCorpLaws No worries and thx for the clarification. Lets say they decide on a 20Kcr return to s/h. Div is straightforward so park it aside. However, for buy-backs the higher the buyback price, higher is the "distributed income" (for taxation) i.e. higher is the tax. Correct?

[Sharath Toopran @SharathToopran]

@deepakshenoy @GPingleCorpLaws I think 115QA was initially applicable for unlisted companies. but Finance (No. 2) Act, 2019, the Section 115QA now is applicable for listed companies as well. I might be wrong though

[Sharath Toopran @SharathToopran]

@Ankit_A Haha. That's quite funny!

[Sharath Toopran @SharathToopran]

@deepakshenoy Exactly and thanks for sharing. Can’t engineer money managers into finding value in places where there is none!

[Sharath Toopran @SharathToopran]

@patrick_oshag India leaning Business & Finance NL: https://t.co/l2x16JL6ea

[Sharath Toopran @SharathToopran]

Multi Cap PM's have asymmetrically larger positions in Large & Mid Caps because they offer better risk-reward profiles. By changing allocation norms, you can't engineer value. Fund managers are perhaps better off switching from Multi Cap to Large & Mid Cap by unwinding Small Caps

[Sharath Toopran @SharathToopran]

@sandipsabharwal Hey, can they not instead just change the qualification from multi cap to large & mid cap and close out the small cap positions altogether?

[Sharath Toopran @SharathToopran]

@Mailchimp Got it. Thanks!

[Sharath Toopran @SharathToopran]

Hey @Mailchimp, is there a way to integrate premium newsletters (paid) on your platform for India based writers?

[Sharath Toopran @SharathToopran]

@substack Understood. Thanks...

[Sharath Toopran @SharathToopran]

Hey @substack, great platform! Any near term plans for India based writers (paid subscriptions) ?

[Sharath Toopran @SharathToopran]

Nifty 50 at trailing PE 23x (second most expensive - behind only South Korea). One would normally expect a period of sharp EPS upswing. How on earth will that happen? How?

[Sharath Toopran @SharathToopran]

High engagement & high brand recall. Yet NL's seem under utilized...
https://t.co/X4Frnrwixv

[Sharath Toopran @SharathToopran]

@Amalia_KChawla Really? I switched to some other stream courtesy @verny86

[Sharath Toopran @SharathToopran]

Who is the idiot who approved this stupid goal rush format. So stupid. #MUNSHU

[Sharath Toopran @SharathToopran]

@DisneyPlusHS @KuttiJetti Fair enough. As a key OTT distributor, please tell them that the idea is horrendous.