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@lilly159 If this were true, you have again described a money making machine which magically creates Rs 500 Cr out of nowhere. Calling 500 Cr a 'small' amount does not change that fact at all. Yes, share price is a mathematical sum of current assets and discounted future earnings of the...

@lilly159 No, this argument is wrong. You are assuming that the market price of remaining shares will be the same, regardless of the price of buyback, which is totally incorrect. (Otherwise you have essentially described a money-making machine where every shareholder is magically better off...

@lilly159 How are they making more money? They would make exactly the same money if (for ex) the company bought back 100 shares at Rs 50 each, or or 50 shares at Rs 100 each. They would still get 50% = 2500. Nothing that you have written provides any rationale for why they would get more money.

@lilly159 You are essentially saying that this allows 'bigger' shareholders to profit at the expense of smaller shareholders. I don't understand this argument at all. If bigger shareholders hold ~ 50% (for ex) - yes, stand to gain the most from sales being bought back at a premium. But at the...

@seekinghispresence No. The GDP number presented (6.9%) represents the *real* GDP growth, ie, after accounting for inflation.

@seekinghispresence Source for this claim, sir? In FY23, inflation was 6.7%, and real GDP growth 6.9%. Combining these results, a tax increase of 12% from a year ago actually shows a reduction in tax collecting efficiency.

@bicko In FY23, overall inflation was 6.7%, and real GDP growth 6.9%. Combining these results, a tax increase of 12% from a year ago actually indicates a reduction in tax collecting efficiency.

@duragrip Makes sense

@duragrip If its weightage is only ~2%, then the 1.61% fall was mainly due to other factors, not Adani. Looks like Reliance and banks fell a lot? Any idea why?

@quittercheckusa So there is no clubbing if a person opens an FD in his parents' name? Or if a parent opens an FD in major son's name?