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Parmanand Deepchand Hinduja established a family business which spread swiftly all around the world. His sons, having established a global footprint across 38 countries and employing around 200,000 people, carry forward the legacy.
The Hinduja Group, ranked number four on the IIFL Wealth Hurun India Rich List 2021, is run by SP Hinduja and his brothers.

Srichand P Hinduja Chairman - Hinduja Group, Hinduja Bank of Switzerland and Hinduja Foundations.
Popularly known as 'SP', Srichand P. Hinduja is the eldest son of P. D. Hinduja, the Founder of Hinduja Group. SP is the head of the Hinduja Family and Chairman of Hinduja Group and charitable Foundations. He joined the family business in 1952.
Read 8 tweets
#TweetStorm - Expensive or deserves to be Expensive ? 1)One thumb rule for screening expensive companies is Market Cap to Sales or Enterprise Value to Sales. A 10x or more is generally expensive unless the company can grow sales rapidly or has extremely high Net Profit Margins.
2)Another way to look at expensive is if the Market Cap is equal to the Total Sales of the Addressable Market Size. This would lead to company having to launch different products in the future.
3)May not be the approach to take a Sell Decision or a Short Sell Decision. Very few companies can command such high valuations. Thumb Rule is just to review the investment thesis and the quality of the business. If doubts on quality , get out.
Read 9 tweets

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