Category: Observations

Source: Exchange Filings of IIFL Holdings Ltd

IIFL Wealth’s acquisition of a Chennai Based Co seems to be at absurd valuations.

Unlikely, the money will come back to IIFL shareholders !

Iris Business Services has an app called Peridot which lets the user track the GST filings of companies.

Can be useful to check for red flags for companies, especially SME ones.

Below is a screenshot for Women’s Next Loungeries Ltd….they don’t seem to have filed their GST returns since March 2018.

CESC made an important announcement today regarding it’s demerger

However, at the time of going to press, the same disclosure was NOT made to BSE

Really cumbersome for investors when Companies disclose to one Exchange and not to the other.

Yesterday, Ashapura Intimates issued a shocking release to the Exchanges.

What is even more shocking is the stock price behaviour prior to this release.

Chart Source: Bombay Stock Exchange

What to call this? Clairvoyance of the markets or something else?

Today Bandhan Bank investors got a nasty shock when the Bank informed the exchanges the following shocker

What is shocking is that in the recent conference call, the CEO had assured investors that all is well