NSE next court hearing is August 14.
Anyone bought NSE recently what’s the in-depth view on it which broker is good to buy?
No. of employees is ~22 and salaries expense is INR 1.23 cr. Not really sure if they’ve employed off-role employees.
If yes, then this looks like they dont need skilled manpower (avg salary comes to ~6LPA for on role and rest could be off role)
Electricity expense seems to be very low
Websol energy manufacturing solar panel they started new plant in Bengal with high technology
I have purchased 1000 shares of Motilal Oswal Home Finance from Altius. Total revenue is 526 crores for FY 23 and share cost is 13.75 with minimum quantity of 1000.
As per my discussion with couple of employees, company has good traction, and collection is also on track.
I would appreciate advise from fellow members.
PB @ 7 seems highly priced. We can expect the growth at 30CAGR but y we want to buy at this price?
Any one tracking urban tots? Price of urban tots falling everyday…so anyone pls guide me…is this good time to buy? Rsn behind price fall?
Anybody noticed Motilal Oswal Home Finance unlisted shares? Home Finance is the flavour of the season. Madhu Kela has also said Home Finance Cos are cheap.
Disclaimer: Bought some Motilal Oswal at ₹13.75 today.
Similar thought process. Last week I bought MOHF @ 13.75.
Just a general question: I bought unlisted shares of Ixigo in 2023 at an average cost of 84.5.
The company for listed at 93.
However, in my portfolio section I see that I have Ixigo shares at cost of 93, and not 84.5. Why?
@meekinvestor You buy a lost of unlisted shares, can you give the reason?
Portfolio is editable.
What I have seen is that when I buy a stock, in the demat holding only its face value shows. So Your Tata Tech may show 100 @10.
When they are issued, perhaps they were auto changed to the issue price.
Please check their price in your holding. Only one of my shares has got listed- Tata Tech- and I have sold that off. I will also check, but I had modified their prices in my portfolio.
For the income tax purposes, the higher price is better as the gains would be less on selling. However, I correct them whether upwards or downwards.
Sir, I get your angle of income tax, and am aligned with it.
However, what about the loss from 93 to 84.5?
I can see from my account that I bought the Tata Tech at 813 average. The issue came at 500, but my icicidirect account is showing the buy at 813, the actual price.
Now, if you correct the price to 84.5, on sale, the correct price would be reflected. Your profit would be more and the tax would rise slightly.
I would rather show the correct price and bear the loss in tax.
In fact opposite happened with me. My buy of Rel Ret was approx 2.5 lakh. Reliance bought them back at 130000, leaving me no alternative.
To my shock I discovered that this 1.30 lakh was shown as income and TDS deducted. My CA has corrected. I have realised that I would rather pay a CA than bang my head against these things.
The allotted price is the purchase price and not what the price is shown in the broker, so capital gains or losses are calculated on the price transactions happened, listed or unlisted, is it not? There will be some record of the purchase, so IT will know the price.
No experience with unlisted space, so asking.
What I understand is, when I bought the Motilal Oswal Housing shares at 13.75, that price won’t change irrespective of the rate at which the issue comes.
Hi, anybody tracking Anugrah Valve Castings? I have had it since April 2023. Bought at ₹347. Now suddenly it has jumped to more than 560.
Opacity is the main problem with unlisted shares. Altius or another broker who contacted me are unable to shed any light on it.
PS:
Annual-Report-for-the-FY-2023-24.pdf (5.0 MB)
Got the info. Their profit has increased.
I agree, that should be the way.
But Zerodha portfolio shows the price at which stock was listed. We have to manually change the price (as you mentioned).
I bought some more of Motilal Housing. Immediately thereafter the price has fallen to 13.45. In my book, it will always be 13.75.
From which platform are u buying?
I bought it from Altius
I too. They have delivered within 24 hrs. Though their quality seems to have gone down. You ask about a share,“It is suddenly rising. Is there any news?” They will simply ask you 'You want to buy/sell?"
Earlier they did discuss the merits of stocks. As recently they discussed about Vikram solar.
Anyway, reliable.
