The Stock Market thread

[DinJo]

6 hours ago, dante77 said:

Bear market means we can SIP every month at same or less rate

If you really think its bear market then you should invest lumpsum , bears doesn't last for multiple months 

[speedy]

#TCS #Buyback WTF

[dante77]

11 minutes ago, speedy said:

#TCS #Buyback WTF

Yeah. I don't really understand. I have 7 shares. How many will they buy back? 

[KunjanPSD]

1 minute ago, dante77 said:

Yeah. I don't really understand. I have 7 shares. How many will they buy back? 

1

[Bird Bird Bird]

21 minutes ago, speedy said:

#TCS #Buyback WTF

 

What's the rate ? Higher or lower then market ? Haven't tracked for a few weeks. 

[KunjanPSD]

8 minutes ago, Bird Bird Bird said:

 

What's the rate ? Higher or lower then market ? Haven't tracked for a few weeks. 

Buyback at 4500/share. So around 28% premium over CMP.

1 share for every 7 held for reserved category of small shareholders which afaik is anyone who holds less than 52 shares.

For rest 1 for 108 held.

If reserved quota is left unsubscribed then they will offer 1 for every 6 shares held (highly unlikely to happen though).

[dante77]

I guess 0 for anyone who has less than 7 shares. My friend bought a few shares just for buyback. He will be furious

 

I thought the last time TCS buyback was close to 100%. 

[Bird Bird Bird]

Anybody investing via Kuvera ? Want to know if MF units are held in demat or the usual mode when paying via the app.

[KunjanPSD]

39 minutes ago, Bird Bird Bird said:

Anybody investing via Kuvera ? Want to know if MF units are held in demat or the usual mode when paying via the app.

Usual mode, no demat.

[DinJo]

Why not just use cams or kfintech? 

[Bird Bird Bird]

9 hours ago, DinJo said:

Why not just use cams or kfintech? 

 

Using Kuvera for tracking since long. Will look at Kfintech's solution. 

[SuperT]

21 hours ago, speedy said:

#TCS #Buyback WTF

No need to worry historically after buyback the share will trade above the buyback price 4-5 months after the buyback date (hoping the war ends by then) I hope you had got into it for the long term, I know a few people who picked up the stock just for the buyback who are unhappy now. Also, TCS is a good stock to have in your portfolio. 

Edited March 7, 2022 by SuperT

[rushab oswal]

 

[rushab oswal]

 

[blitzkreiig]

[hope]

Itna toh tamatar bhi laal nahi hota hai bhai  

[Bird Bird Bird]

https://wap.business-standard.com/article-amp/economy-policy/ukraine-crisis-russian-oil-companies-offer-big-discounts-to-india-122030700013_1.html

 

Can't read the full article. Paywall. 

[rushab oswal]

1 hour ago, Bird Bird Bird said:

https://wap.business-standard.com/article-amp/economy-policy/ukraine-crisis-russian-oil-companies-offer-big-discounts-to-india-122030700013_1.html

 

Can't read the full article. Paywall. 

Companies offering 30% discount on oil . But we dont have the reserves for it right?

[El Tigre Chino]

On 3/6/2022 at 7:26 PM, Bird Bird Bird said:

Anybody investing via Kuvera ? Want to know if MF units are held in demat or the usual mode when paying via the app.

Held directly with the fund house, not demat. Kuvera just helps facilitate. Coin is the only one that demats it I believe.

[hope]

Dow 600 point down. Buy the dip tomo again