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Vivek

Vivek Shah  |60 Answers  |Ask -

Financial Planner - Answered on Feb 27, 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
Banibrata Question by Banibrata on Feb 24, 2023Hindi
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Is it good to buy Adani Power now?

Ans: Hello Banibrata,

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  |60 Answers  |Ask -

Financial Planner - Answered on Feb 24, 2023

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is it wise to enter adani green energy now
Ans: Hello Sashi,

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.

..Read more

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Anu

Anu Krishna  |1537 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 27, 2025

Asked by Anonymous - Feb 15, 2025Hindi
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Dear Anu, I am a highly introvert girl with no friends and is preparing for a tough competitive exam. I love a guy and was dating him for 5 years. Due to our diametrically opposite career choices, uncertain future, and for 2 years long distance, he broke up with me. We talked about reconciliation in future if things turned out in our favour. But I feel he is indifferent regarding the breakup as he went to Goa just after that. In frustration I texted a guy from my inbox who wanted to meet me. So I met him. He is good, intellectual and highly principled. We never formally asked each other to date but he was helping me out for my exams and we achieved many milestones together. But after some time I got introduced to his short temper and dominating behaviour which bothers me a lot and I talked about it many times with him. I cry every single day (it's been 5 months now) since I broke up. Met a new guy I don't really love but he has done a lot for me so I don't want to hurt him. I am facing this mental turmoil whether to stay in this new relationship or should I wait for my ex to reconcile with me as I still love him a lot.
Ans: Dear Anonymous,
What you need is a good break away from relationships. Till you learn to appreciate yourself, no one else is going to!
You have just on a rebound gotten into another relationship and obviously when you are in a weak place, his dominant nature is going to be prominent.
Heart breaks are very difficult BUT before you process it, you have jumped into the arms of another. When I say, 'process', it means evaluating what went wrong and what was right in the previous relationship. This will help you in understanding what you want in a relationship and how to spot red flags in one.
That is why I keep stressing on: Heal from a relationship fully before jumping into another one.
So, at this point, you need a break from it all...you will be doing yourself a huge favor...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

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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