Because these stocks are over grown giants, they need to correct, especially Asian paints, in view of sky high valuations but de growth in profits every quarter, due to intensifying competition from other new players who are deep pocketed like JSW paints, Birla opus, and now Pidi
Asian Paints Lost ₹78,000 Cr Market Cap From Peak
HDFC Bank Erased ₹1.23 Lakh Cr Market Cap From Highs
TCS Wiped Out ₹8.36 Lakh Cr Market Cap From Peak.
Reliance Wiped Out ₹3.67 Lakh Cr Market Cap From Peak.
FII Ownership In India fell from 21.5% to 16.7%, Pressure is clearly visible in largecaps 🔥
On July 8, When Trump announced No Ceasefire with Iran, Nifty fell, After that, as of yesterday, for 10 straight day, it was inside candle. Means neither July 8 high was taken out nor July low was broken. (Only one day, just ahead of key corporate results, Nifty crossed July 8 high)
Also as of yesterday, 3 straight Red candles, first in July series.
Today, looks like there will be gap down.
1. Will Nifty break July 8 low?
2. Will Nifty form Red candle today?
#Whatsapp forward
Reliance: No return in 4 yrs.
HDFC Bank: No return in 5 yrs.
TCS: No return in 7.75 yrs.
HUL: No return in 6.5 yrs.
Infosys: No return in 5.5 yrs.
Maruti Suzuki: No return in 2 yrs.
Adani Ent: No return in 3.75 yrs.
Axis Bank: No return in 1.5 yrs.
M&M: No return in 1.75 yrs.
Kotak Bank: No return in 5.5 yrs.
ITC: No return in 9 yrs.
NTPC: No return in 2 yrs.
ONGC: No return in 12 yrs.
Ultratech: No return in 2 yrs.
HCL Tech: No return in 5.75 yrs.
Coal India: No return in 2.5 yrs.
Bajaj Auto: No return in 1.75 yrs.
HAL: No return in 2 yrs.
Bajaj Finsv: No return in 4.75 yrs.
Dmart: No return in 4.75 yrs.
Nestle: No return in 2.5 yrs.
Powergrid: No return in 2.5 yrs.
Asian Paints: No return in 5.5 yrs.
Adani Green: No return in 4.5 yrs.
Eternal: No return in 1.75 yrs.
Hind Zinc: No return in 2 yrs.
Wipro: No return in 5.5 yrs.
Indian Oil: No return in 9.25 yrs.
Adani Energy: No return in 5 yrs.
SBI Life: No return in 1.75 yrs.
Varun Bev: No return in 2.5 yrs.
Indigo: No return in 2 yrs.
Jio Fin: No return in 2.75 yrs.
Trent: No return in 2.25 yrs.
Tata Motors: No return in 2.75 yrs.
Tech M: No return in 4.75 yrs.
Cipla: No return in 2.5 yrs.
Tata Cons: No return in 2.5 yrs.
Dr Reddy: No return in 2.5 yrs.
Max Health: No return in 2.5 yrs
I don't want a "Smart Fridge" that orders milk for me. I want a fridge that lasts 25 years and doesn't have a privacy policy that allows it to share my late-night snacking habits with my health insurance provider.
@AlphaWizarDD I dont get it
Your uncles interest for 3 years was 28.8lakh(assuming interest of 12%)
He earned 9 lakh from rent, which if set off will be lost
I mean in what sense did he earn money??
@Finance_Bareek Very few people understand it, I for one will buy a 500₹ wallet to store 9500 ₹ in it, not the other way round to buy an expensive status symbol of 10K wallet.
Taparia Tools = classic example of how promoter indifference to liquidity can lead to a massive loss in shareholder wealth creation.
Over the last 10 years:
• Sales CAGR: ~14%
• Profit CAGR: ~28%
• Zero debt
Yet the company is valued at just ₹51 crore market cap, despite reporting ₹152 crore profit last year.
The reason?
Almost no liquidity. Very few shares are available for trading, keeping the stock outside the market's radar.
If this were a reasonably liquid stock, such financials could easily command 9,000-10,000 crore of valuation.
The market throws up such anomalies at both ends. Some stocks trade far above intrinsic value, while others remain deeply undervalued due to poor liquidity.
@truthseekeryogi@darshitpatel84 Same thing here, it moves from circuit to circuit, i stopped wasting time, from 20 to 30 i tried, after that i stopped chasing