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Vivek

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Financial Planner - Answered on Feb 17, 2023

Vivek Shah is a SEBI registered investment advisor and certified financial planner from FPSB India. He has over 18 years of experience in financial planning.
Shah founded Finrise, a financial planning and wealth management firm, in 2011. He believes that equity investment is the only way to generate long term wealth.
He has an MBA in finance, a degree in chartered accountancy and is a registered life planner from Kinder Institute of Life Planning, USA.... more
Venkataswamy Question by Venkataswamy on Feb 14, 2023Hindi
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can we purchase Adani Enterprise

Ans: Hello Mr Venkataswamy,

First of all we need to understand the questions being asked by Hindenberg and try to evaluate whether the allegation made by them makes any sense. If anyone goes through the Hindenberg report than the allegations and questions asked can be bifurcated into below broad categories:

1) Violations of Exchange and listed rules
2) Dubious Intra- Party Transactions
3) Use of Shell companies outside india ( Mauritius) to manuipulate the stock price
4) Money laundering through private Adani companies in listed companies of Adani inorder to look Balance sheet good.
5) Inexperienced Chartered accountants to audit the companies.
6) Using stocks as collateral for debt.

Looking at this points and also the allegations done by Hindenberg, i am fine to believe that there few acts which they taken for granted and manipulate the exchange and listing rules but calling Adani company as CON or Fraud is not what i would call this company. Companies margin are very low as compared to their cost of capital but being an infrastructure led company its takes long gestation period to realise the cash flows. Adani is playing important role in building infrasturcture in India with ports, power, airports etc and even though company is highly levered to build the assets and cash flow, the company has good physical assets in the balance sheet. Even though it may not a investible company for a retail invstor with the sort of volatility and margins they are earning.

Valuations are very much stretch with last 2 years price going to the roof. As a retail investor, one should avoid this company due to many uncertainties going forward.


Disclaimer: This is just for educational purpose and this should not be taken as advise for buy or sell.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Vivek

Vivek Shah  | Answer  |Ask -

Financial Planner - Answered on Feb 23, 2023

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Is it time to buy adani enterprises
Ans: Hello Manoj,

First of all we need to understand the questions being asked by Hindenberg and try to evaluate whether the allegation made by them makes any sense. If anyone goes through the Hindenberg report than the allegations and questions asked can be bifurcated into below broad categories:

1) Violations of Exchange and listed rules
2) Dubious Intra- Party Transactions
3) Use of Shell companies outside india ( Mauritius) to manuipulate the stock price
4) Money laundering through private Adani companies in listed companies of Adani inorder to look Balance sheet good.
5) Inexperienced Chartered accountants to audit the companies.
6) Using stocks as collateral for debt.

Looking at this points and also the allegations done by Hindenberg, i am fine to believe that there few acts which they taken for granted and manipulate the exchange and listing rules but calling Adani company as CON or Fraud is not what i would call this company. Companies margin are very low as compared to their cost of capital but being an infrastructure led company its takes long gestation period to realise the cash flows. Adani is playing important role in building infrasturcture in India with ports, power, airports etc and even though company is highly levered to build the assets and cash flow, the company has good physical assets in the balance sheet. Even though it may not a investible company for a retail invstor with the sort of volatility and margins they are earning.

Valuations are very much stretch with last 2 years price going to the roof. As a retail investor, one should avoid this company due to many uncertainties going forward.


Disclaimer: This is just for educational purpose and this should not be taken as advise for buy or sell.

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Nayagam P

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Career Counsellor - Answered on Apr 24, 2026

Asked by Anonymous - Apr 23, 2026Hindi
Career
Hello sir My son gets 35210 rank in mains, resident of Maharashtra, looking for CSE/ECS/EE What are possibilities Please guide on IIITs like Surat, vadodara, nagpur and Bhopal
Ans: At CRL 35,210, General male, Maharashtra, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

For your target IIITs:
IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds.
IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus.
IIIT Nagpur – ECE/EE-related branches possible; CSE tougher.
IIIT Bhopal – CSE tough but ECE/IT-related options possible.

Also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Backup: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag.

At CRL 35,210, General male, Maharashtra, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

For your target IIITs:
IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds.
IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus.
IIIT Nagpur – ECE/EE-related branches possible; CSE tougher.
IIIT Bhopal – CSE tough but ECE/IT-related options possible.

Also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Backup: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag.

At CRL 35,210, General male, Maharashtra, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

For your target IIITs:
IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds.
IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus.
IIIT Nagpur – ECE/EE-related branches possible; CSE tougher.
IIIT Bhopal – CSE tough but ECE/IT-related options possible.

Also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Backup: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag.

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At CRL 35,210, General male, Maharashtra, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

For your target IIITs:
IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds.
IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus.
IIIT Nagpur – ECE/EE-related branches possible; CSE tougher.
IIIT Bhopal – CSE tough but ECE/IT-related options possible.

Also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Backup: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag.

At CRL 35,210, General male, Maharashtra, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

For your target IIITs:
IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds.
IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus.
IIIT Nagpur – ECE/EE-related branches possible; CSE tougher.
IIIT Bhopal – CSE tough but ECE/IT-related options possible.

Also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Backup: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag.

For your son's rank, CSE in top NITs is difficult, but strong chances exist for CSE/ECE in several IIITs and ECE/EE in some NITs/GFTIs. JoSAA confirms Open-seat cut-offs are based on CRL rank.

You can try for IIIT Surat – CSE is borderline/tough, but ECE is realistic. In 2025, IIIT Surat ECE closed around 31k–33k+, while CSE was around 24k–26k in regular rounds. IIIT Vadodara / IIIT-Vadodara International Campus Diu – better chances for CSE/ECE, especially Diu campus. IIIT Nagpur – ECE/EE-related branches possible; CSE tougher. IIIT Bhopal – CSE tough but ECE/IT-related options possible. You can also try VNIT Nagpur (EE/Mechanical), MANIT Bhopal, SVNIT Surat, NIT Raipur, NIT Jalandhar for ECE/EE/lower CSE-allied branches. Have the following backups: CSAB, MHT-CET CAP counselling, COEP/VJTI/SPIT/PICT, and good private colleges. Prioritise branch interest over only institute tag. ALL the BEST for Your Son's Prosperous Future!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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