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Although Money Times recommendation have outperformed other media, stock brokers and research houses, the brief recommendations under Money Times Talk (MTT) cannot display ‘BUY’, ‘SELL’ or ‘HOLD’ recommendations. Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given its past performance, industry prospects in the backdrop of a growing economy and in consultation with their investment adviser.
- Alert: Indian markets are struggling to react to positive macro cues like strong GDP growth and a softer RBI stance because fresh equity supply is flooding the system. With India crossing 100 IPOs this year and nearly Rs.2 lakh cr. of new equity hitting the market, plus heavy stake sales by PE firms and promoters, the total supply may cross Rs.6 lakh cr. This “unrelenting supply” is overwhelming demand and capping market upside.
- Very important multibagger rule: A stock never becomes a multibagger if the promoter cannot handle big money or stay committed to the business. Human behaviour is the first trend — before charts, ratios, or news. Always judge the promoter’s mindset first. Strong numbers don’t create multibaggers; strong, honest, investor-friendly promoters do. Multibaggers start in management psychology long before they show in financials.
- Pure science vs applied science — the truth about wealth: Pure science explains; applied science transforms. Engineering, medicine, technology — all come from applied knowledge. Finance works the same way. Mutual funds, SIPs, AIFs, PMS, asset allocation aren’t theories; they’re tools to turn knowledge into results. But most treat finance like pure science — they learn, analyse, discuss, but never apply. Unapplied knowledge creates zero wealth. Wealth rewards application, not information. Knowledge creates possibilities; application creates prosperity.
- Investor Awareness: Learn from the Bajaj Housing Finance IPO case study. IPO Price was Rs.70, it spiked to Rs.190 on listing, and now the promoter entity, Bajaj Finance, is offloading shares at ₹95 — far below the 52-week high. Many retail investors who bought near Rs.190 are stuck not because the company is bad, but because they chased hype instead of value. Key lessons for retail investors: 1. Never chase listing-day rallies; they’re often driven by low float and speculation. 2. Valuation matters more than excitement; even strong companies become bad buys at inflated prices. 3. Promoter actions are signals; if they sell at lower levels, pay attention. 4. Don’t let FOMO drive decisions; fundamentals and patience always win. 5. Capital protection is rule number one; markets give opportunities, but lost capital doesn’t return. Markets reward patience — not panic, not excitement, not FOMO. Stay informed, stay disciplined.
- Newly listed IPOs are already under pressure, with many trading 20%–50% below issue price: Excelsoft Technologies –22.2%, Fujiyama Power –10.5%, Studds Accessories –8.5%, Orkla India –13.6%, Tata Capital –0.2%, WeWork India –8.5%, Glottis –53.5%, TruAlt Bioenergy –15.2%, Seshaasai Technologies –26.3%, Jaro Institute –37.6%, Solarworld Energy –17.5%, Ganesh Consumer –25.1%, GK Energy –6.8%, Saatvik Green Energy –18.4%, VMS TMT –45.5% & others. Oversubscription doesn’t ensure gains. As per market grapevine, Indian IPOs are coming at very high valuations and Sebi only verifies disclosures, making due diligence essential.
