As I See It

I will continue to hold Trident as it refuses to fall even when there is mayhem in the market. 

 The lower one is in the  beauty scale more pungent will be the remarks! 

 ASBA through ICICI Bank is possible only if you maintain demat account with their subsidiary,  which is in contravention of SEBI guidelines in this regard and therefore a restrictive practice. 

 The first and foremost thing I look for on stock selection nowadays is the quality of the management. This I think is a must for investors like me with limited resources, who do not have the luxury of making risky bets. A few years back while going through a business newspaper I read that Trident had become an accredited supplier to some big brand  in the US. Out of sheer curiosity I wanted to know more about that company, about their promoters in particular. I found that Rajinder Gupta, the promoter had studied at Harvard, was a Padmashree awardee for his work in trade and industry, was president of Punjab Cricket Association, was Vice Chairman of Punjab State Planning Board and had close contacts with the top political leaders of both the Congress and Akali Dal in his turf Punjab. In short  I could not help feeling that he was an earnest,  determined, savvy businessman to boot. His family was holding more than seventy percent of the  equity shares. The share ...