Thirty years ago the best investors had the biggest funnels of information. Today the best investors have the best filters of information. The market is filled with opportunities and opinions. Filter the noise. Find the signal.
*Mousi to Jai:* Beta, I have got this message that they have restored the indexation benefit for the LTCG. Is it correct Beta? Jai : Yes, Yes Mousi ji, Hon. FM has announced in parliament that they have restored benefits of indexation. Now in case of LTCG from the transfer of land and buildings purchased before 23rd July 2024, the tax calculated @12.5% without indexation or @20% with indexation- whichever is lower, would be the tax liability. Mousi : Ok Beta, so all the assets purchased upto 22nd July 2024 would be eligible for indexation, right? Jai : Aree nahi Mousi. Only land and buildings would be eligible for this indexation benefit. Other assets like your jewellery etc. would not be eligible. Mousi : Samjhi, got it. Achha, I have a partnership with Basanti and we have purchased a land in that firm. Indexation benefit is available for this land- hai na? Jai : Na,na, na Mousi ji. Indexation benefit has been restored only for indi...
A Leap of Faith: Deepika Kapoor's 14-Year Journey from Rs 10 Lakh to Rs 420 Crore. In 2010, Deepika Kapoor, an enthusiastic foodie and budding angel investor, found herself in a conversation that would change her life. A close friend introduced her to a couple of ambitious entrepreneurs working on a startup that aimed to revolutionize the way people discovered and engaged with restaurants. The startup was called Zomato, and Deepika, captivated by the founders' vision and driven by her own passion for food, decided to invest Rs 10 lakh in their first round of funding. The Early Days: In July 2010, Deepika took a leap of faith, becoming one of Zomato's first angel investors. Just months after her investment, Zomato attracted the attention of Info Edge, one of India's most successful startups, which decided to invest in the young company. This early endorsement sent Zomato’s stock price soaring, and Deepika’s small investment began to grow. The Rise Begins: By February 201...
What is P/E ratio? In some words P/E ratio = Current stock price / EPS (Earnings per share) of the year. Here, Current stock price is the price at which trading is going on or the latest close price of a stock and EPS is Earning per share of recent 4 quarters which is also know as TTM EPS (Trailing 12 months ). Lets take an example and calculate the P/E ratio for a company for better understanding. Lets take XYZ Industries. Current Price - 2840/- For EPS let me show you what data you need. So TTM EPS = 28.53+ 23.67 + 25.71+ 25.52 = 103.43 So P/E ratio = 2840/103.43 = 27.4 Now PE ratio is available at many places but its important to understand where it comes from for knowing its significance. Significance of P/E ratio: P/E ratio gives us an idea on the valuation o...
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