Vedant Fashions Limited IPO Message Board (Page 8)

yes @admin chittorgarh jara check kariye please .

All buyback pages are present there.

@ipo-mitr:
https://www.chittorgarh.com/buyback/ajanta-pharma-buyback/52/
https://www.chittorgarh.com/buyback/moil-buyback/49/
https://www.chittorgarh.com/buyback/james-warren-tea-buyback/54/

Sir,
The pe investors are moving to stable policy regime country like china and started diverting funds already, do you sir foresee indian equity market rebound in near term. Regards 🙏

First of all, thank you for your analysis, it cautions us before investing.
1. But future earnings plays important role in PE ratio which will give you good returns.
2. Further, see PE ratio Sector wise, within the sector, market capital wise - that will give us clear picture among peer companies. Here if we able to predict company future growth properly, we can invest at right price and wait for long term profits
3. One important ratiois PEG - is more useful to check company fair value, it's a ratio PE vs Growth

@ K Atar
The query raised by you is a big question . We see that in the last one year there is worth Rs 1.65 lac crore investment by fii in china and withdrawal of Rs 1.33 lac crore from India in the same period. This is a massive transaction .The trend of fii investment in India for the last three year is as follows:-
1. Jan 19 to April 19...............+ve (4m)
2. May 19 to Sept 19...............-ve (5m)
3. Oct 19 to dec 19.................+ve (3m)
4.Jan 20 to April 20.................-ve (4m)
5.May 20 to mar 21..................+ve (11m) except sept 20
6.April 21 to till date..................-ve (11m)
2019 fii investment +39879, dii investment +42256
2020 fii investment +65245, dii investment - ve 35662
2021 fii investment - ve 132970, dii investment +94841
In the last three yrs fii total
outflow was about 28 thousand crore,dii investment 1.02 lac cr
In march 20 (covid) fii withdrew 65 thousand crore (dii invested 55 thousand cr) and from may 20 fii began buying and dii continued selling.
Now what I see
1. It is an age old thought that fii inflow is the driving force of our market. It is absolutely true but now for some years dii has shown great strength atleast as a resistance force and atleast in two occasions in last five years I have seen fii was caught at wrong foot.
2.last two years ups and downs of the market is mostly fii dependent.
You will be surprised to see the commensurable nature with fii of the month wise data of two years furnished in the earlier post .
3. At present the market is being played by fii under tough tackling by dii .
4. Fii activity continues for some months in one direction. And the opposite by the dii.
5.The fii outflow has been continuing for eleven months.From oct to till date i.e in a little more than four months fii outflow amounts to 1.45 lac cr. Still the market is not more than 7% down from the top while the American market is down by14% from the top.Don't forget that the top of the market came amidst the huge selling of fii and breached the previous high many times. It signifies that there is a development in broader spectrum of indigenous beyond dii activity.
6.Though there is no signal of concluding selling activity as yet it may reduce/stop at any time as it is continuing for many months. It has been seen in the past that huge selling is often followed by buying reversing the trend.
7.Now on you will see huge volatility in the market without going much lower/higher which will give immense opportunity to conviction traders.
8.A bull market may anytime face 15% correction but that does not mean that the party is over. Yes some cautious approach/ booking partial profit helps standing in case of any reversal.
So @ Atar bhai , I don't see any crash for the reason mentioned by you. You will see occasional rebounds and high volatility and the bottam of the market takes place amidst huge volatility. You can preempt any reversal if nifty p/e goes below 21.

Sorry for giving such a big answer for your short query.
Thank you

Thanks for sharing this analysis. We are sure this is bound to help a lot of value investors in forming their investment strategy. Ask any value investor like Mr. Buffet on what are some of the key things they look for prior to making an investment into a business and PE would certainly fall in the top three.

Would certainly look forward to similar research pieces and discussions in future as well. Best Wishes & Happy Investing!

Respected Asoke Sir,
Thanks you so much for taking your precious time to collect, research and present this masterpiece, anyone else could have easily ignored my request but you gave detailed and in-depth answer. I really admire your humble approach.
Please note that I will keep asking similar questions whose answers I found nowhere. I spent my time reading whatever I find but due to very busy nature of my last few years, could not gave time to financial world, that's why this question, hope I didn't troubled you much, I have genuine respect for the knowledge.

Kind Regards 🙏

@ VSP sir & K atar
It is pleasant to note that you have found it useful.