It all started on 𝗩𝗮𝗹𝗲𝗻𝘁𝗶𝗻𝗲’𝘀 𝗱𝗮𝘆 when one of the promoters G. Ramakrishnan reaped his love for business & wrote a #letter to his four friends.📝
The letter was so compelling that all of them left their well-paying jobs. Their family & friends were shocked.
They didn't have the #business plan ready. Being from a middle-class family with no job security, they were barely meeting their ends. Pressure from the families started to build.😰
After various चाय पर चर्चा, they decided to enter the manufacturing sector.
1. Compares with peers to find out the best one. 2. Checks that #stocks shareholding pattern for pledging. 3. Adds his few custom set of ratios to judge financials. 4. Calculates the fair value with inbuilt valuation calc
5. If Overvalued, then adds to his watchlist for regular updates.
6. If Undervalued, then reads the company's concall, presentations, annual report, etc to be sure of fundamentals.
7. Then adds to his #portfolio for smart analysis.