Ajay Piramal seems to be moving really fast.

@ayushmit Can you please throw some light on the findings you gathered during the visit to the plant last time? Did you visit their Surat Plant or Kalyan Plant?

Hope I am not too late to join the bandwagon, but nevertheless here's my list

1.The Intelligent Investor -Benjamin Graham a Timeless classic, teaching investment concepts in a lucid manner. Have always resorted to reading this book again and again for the past 7 years now! The holy book for investing for me period.

2.The Richest Man in Babylon by George S. Clason An offbeat book which disperses financial wisdom through parables. (quote from the book:If you desire to help thy friend, do so in a way that will not bring thy friend's burdens upon thyself.)

3. *Common Stocks and Uncommon Profits- Phillip Fisher an insight about common stocks and how to reap uncommon profits from them. One of the best books even for people with not much idea about stocks.

4.Investment Valuation: Tools and Techniques for Determining the Value of Any Asset Paperback – by Aswath Damodaran Good book which gives insights into how to chose the right model for any given asset valuation scenario.

5.Good to Great: Why Some Companies Make the Leap... and Others Don't by James Collins.

(quote from the book..
Picture an egg. Day after day, it sits there. No one pays attention to it. No one notices it. Certainly no one takes a picture of it or puts it on the cover of a celebrity-focused business magazine. Then one day, the shell cracks and out jumps a chicken.
All of a sudden, the major magazines and newspapers jump on the story: “Stunning Turnaround at Egg!” and “The Chick Who Led the Breakthrough at Egg!” From the outside, the story always reads like an overnight sensation—as if the egg had suddenly and radically altered itself into a chicken.

Now picture the egg from the chicken's point of view.

While the outside world was ignoring this seemingly dormant egg, the chicken within was evolving, growing, developing—changing. From the chicken’s point of view, the moment of breakthrough, of cracking the egg, was simply one more step in a long chain of steps that had led to that moment. Granted, it was a big step—but it was hardly the radical transformation that it looked like from the outside.

It’s a silly analogy, but then our conventional way of looking at change is no less silly. Everyone looks for the “miracle moment” when “change happens.” But ask the good-to-great executives when change happened. They cannot pinpoint a single key event that exemplified their successful transition.)

what is the logic for syngene to trade at a higher pe multiple to pi and divis ?