An investor had the good fortune of raking in a mammoth 282x gain from a penny stock. However, when he went to the Tax Office and claimed the gains as tax-free, he was in for a rude shock. It was held that his transaction is sham and bogus and that he tried to convert his undisclosed income into tax-free LTCG
Mohnish Pabrai is renowned for his mastery of the techniques of value investing. His latest stock pick ticks all the boxes. It is fail-safe and has a number of virtues such as free cash of 80% of the market capitalization and a massive dividend yield of 7%
Vijay Kedia, who has the stellar reputation of having discovered 30 100-bagger stocks in the course of his illustrious investing career, has sent the clarion call that we should all now rush to Dalal Street and scoop up potential multibagger stocks at bargain basement prices
The Pundits of Dalal Street have opined that the Union Budget is likely to shower goodies as a precursor to make India a $5 Trillion economy. They have identified top 10 stocks which offer us the most bang for the buck and are ripe for a buy now
The sayings of Rakesh Jhunjhunwala & Radhakishan Damani are law not only in Dalal Street but even in the Courts. The Tribunal has rapped the income-tax dept for questioning the wisdom of the two living legends
A phalanx of ten top stock pickers has recommended ten top-quality stocks for us to buy now. These are ideal “buy and forget” stocks which will effortlessly compound our wealth over the next 10 years and longer
In a bizarre turn of events, an alleged “chor” promoter who was accused by Porinju Veliyath of “daylight robbery” has launched a counter-offensive and accused Porinju of “spreading rumors“. SEBI has been requested to issue a gag order against Porinju
Sumeet Nagar of Malabar Capital has homed in on a stock which is earning 100 percent return on capital and growing at a scorching rate of 70-80 percent. He has described it as “phenomenal company run by great management“. We have to keep a lookout for the stock during its IPO and pounce on it with no holds barred
Saurabh Mukherjea has homed in on four top-quality stocks which he assures will make us “tons of money” if we invest in them. It is obvious that we cannot disregard his advice but have to act on it ASAP
Porinju Veliyath has added a new high-quality stock to his portfolio. He has also recommended a fail-safe blue-chip stock with the assurance that it has the wherewithal to deliver multibagger gains
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