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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

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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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Asked by Anonymous - Apr 24, 2026Hindi
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My son ranked 4700 jee main 2026, home state west bengal. 99.71 percentile. Which nit , can he get cse ?
Ans: Based on your son's 99.71 percentile, he has a strong chance of becoming a good ranker in JEE Advanced as well. If he scores well there, IIT admission can be his first preference.

With a JEE Main All India Rank (AIR) around 4,700 and 99.71 percentile, your son can realistically target CSE in several NITs, especially under the West Bengal home-state quota. Typically, top NIT CSE closing ranks range between 1,500 and 5,000—for example, recent CSE closing ranks include NIT Trichy at 1,449, Surathkal at 1,827, Warangal at 2,409, Rourkela at 3,431, Calicut at 5,222, and MNNIT Allahabad at 4,594.

For West Bengal home-state candidates, NIT Durgapur CSE is a strong and realistic target, and your son may also secure ECE, EEE, or IT branches at other NITs depending on the round and seat availability.

Backup options to consider include newer IIIT campuses offering CSE/ECE, lower-demand branches at NITs, and IIEST Shibpur. While CSE in top NITs is achievable, the choice of branch and timing of counseling rounds will play a significant role. Once the JEE Advanced exam is over, your son can check the answer key on the same day or the next to estimate his expected score and AIR. He should then promptly review the JoSAA opening and closing ranks from the past 2-3 years to gain deeper insights and better understand admission trends, focusing first on reputed IITs and then on NITs. ALL the BEST for Your Son's Prosperous Future!

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Career Counsellor - Answered on Apr 24, 2026

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As an outstate Maharashtra resident can my son get admission in any top Maharashtra Government / Private Colleges, if my son score 140+ marks in MHT CET and having 93.60 percentile in JEE mains. Please name the top Maharashtra government / private colleges in which my son can get admission via MHT CET and JEE main score being an outstate Maharashtra resident.
Ans: Govind Sir, As an outside-Maharashtra candidate, your son can still pursue admission to Maharashtra colleges, but government seats through MHT CET are limited and highly competitive. The more practical route to top institutes is securing All India quota seats via JEE Main. Based on recent cutoff trends and Maharashtra counselling rules, key colleges to consider include VJTI Mumbai, COEP Pune, SPCE Mumbai, Walchand Sangli, PICT Pune, DJ Sanghvi Mumbai, MIT-WPU Pune, and VIT Pune. With a 140+ score in MHT CET and a 93.60 percentile in JEE Main, securing CSE in top government colleges will be challenging, but admission to ECE, IT, ENTC, or Mechanical branches in newer or mid-tier colleges is more realistic. For non-domicile students, focusing on OMS/All India seats through JEE Main and exploring private colleges with strong placement records is advisable. Additionally, please review the JoSAA opening and closing ranks from the last 2-3 years to gain further insights and better understand admission trends. ALL the BEST for Your Son's Prosperous Future!

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My son is currently in Xth std ICSE MUMBAI. What are our options for getting into ENGINEERING? We are interested in enrolling them in a junior college rather than integrated learning. Which junior colleges can you recommend in Mumbai that has pathway to engineering ?
Ans: Neeraj Sir, For a junior college route in Mumbai, your son should enroll in Science (PCM) in FYJC (First Year Junior College), as this is the standard pathway to engineering through MHT-CET and JEE Main, leading to admission opportunities in colleges like IIT Bombay, VJTI, SPIT, DJSCE, KJ Somaiya, and ICT Mumbai.

Good junior college options in Mumbai with strong engineering pathways include St. Xavier’s, Jai Hind, Ruia, Mithibai, KJ Somaiya College of Science, and other reputable Science junior colleges known for strong PCM results and competitive admissions. For the best long-term engineering prospects, select a college that offers excellent teaching in Maths, Physics, and Chemistry, along with regular testing and a proven track record of students progressing to top engineering colleges. A value-added suggestion: If your son is specifically targeting the JEE, he should first thoroughly master the NCERT textbooks for all three subjects (Physics, Chemistry, and Mathematics) and then focus on the materials provided by his integrated coaching institute. ALL the BEST for Your Son's Prosperous Future!

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For your son, the safest plan is to pursue FYJC Science with focused coaching for JEE and MHT-CET, followed by admission through these engineering entrance exams, rather than opting for integrated schooling if you prefer to maintain flexibility.

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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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