저자: VijayKedia · 외국인
요약 보기
SEBI가 Gensol Engineering 프로모터의 사기·자금 유용을 적발하고 포렌식 감사를 명령함. 유사 사례가 더 나올 수 있다고 경고하며, 소액투자자 보호가 핵심 우려. 기업의 과도한 SNS·미디어 노출, 잦은 자금조달, 주가 변동성을 red flag로 제시. 인도 시장은 2025년 저점이 최종 바닥일 수 있으나 신고점까지는 1~2년 이상 횡보 가능성. 관광·인프라·호스피탈리티 섹터에 긍정적 견해.
다듬은 글
Market regulator Sebi has called out promoters of Gensol engineering for fraud, roundtpping of funds for personal use and has now ordered a forensic audit. Investor Vijay Kadia warns that there could be more such cases waiting to tumble out of the cupboard. He joins us now to speak about the semi crackdown on Jensol and what retail investors should keep in mind and also his views on the Indian markets amid global trade uncertainties.
Mr. Kadia, thank you very much for joining us. You said that Jensenol is not the only example. There could be more such companies stumbling out of the cupboard. What is your biggest worry here? The biggest worry is what has happened and what has come out what Sevi has caught. I think there are so many could be many companies.
I don't know about the numbers could be hundreds of company like this which has actually come out with IPOs in last three four years. So biggest worry is about obviously every time it is only because of only this is small and new investors because they only got uh they get trapped in all these things.
So my biggest worry is uh you know how to protect them right? So the biggest worry is how to protect small investors. What do you think retail investors should now keep in mind? and what do they should look out for when considering newly listed companies uh for investments? Clearly there were several wrongdoings in Jensol at multiple levels.
The board also has to be accountable at some level the independent directors but if retail investors are considering such talks what advice would you give them? Now read my these all 10 points which I had posted yesterday you know keep them handy and before investing in any companies or even after the investment if you find such things then uh I thought you then you have to be you have to be careful it's very simple right you know you've said that do not go by the hype around certain companies uh you should look out for facts so when it comes to cutting away the noise cutting away the hype what are certain fundamentals that one should look out for and what are some of the warning signs that you see in the market in some of these companies that you're talking about?
No, the biggest sign what I found that they had become very vocal, very active on social media as the point number two actually it it describes that uh the moment they become very vocal very you know they try to portray themselves as they have become shareholders friendly and all. So that is one really red flag because the good companies are the strong company companies don't come out on TV channels or social media and talk every day about their uh their doingings.
So this is uh one of out of those 10 this is one of the biggest uh red flag I think right too much uh appearance too much uh focus on marketing and publicity. What do you think government and regulators need to do in order to put more guard rails before such a situation uh arises? You think I think what SE is doing SE is doing a wonderful job but let me tell you our system is such because that is what I call autocracy of democracy you know uh my biggest one thing I would like to point pinpoint like of course in and and because in our system after CB is also after a regulator they are not a they are not like a FBI or CBI or James Bond kind of things they are doing so what I think that they can expedite the issues like the first time this issue came to the surface that was in June 24.
Uh uh some whistleblowers or whoever came brought this issue and even now in April 25 we found that okay they are guilty in stock market this 10 months period is too too much even 10 days are you know too long too too long period. So I think uh this is what one uh one should uh understand that how this uh uh that that can be that period can be shortened that could really help the investors right uh you've spoken about 10 red flags which are the three most important red flags according to you which would you which you would like to share with investors here on CNBC TV18 I I think one talking too much about their own company and too much appearance on media and all and every time they want to uh raise money and too much volatility into into the share price also as of now while while I'm talking to you and you ask for the three points I think these three points coming to my mind right now speaking about India right now and India is considered a safe haven amid global uncertainties around trade and trade wars in the current context which would be some of the sectors or stocks or companies which you feel most excited about I think tourism should do Well, because government is focusing on tourism and the way they organized and handled this mahakum and all it it's just a it was just a trailer.
Government has also understood now that tourism can really bring uh can help economy grow. Currently uh revenue generation from the tourism sector is somewhere around $250 billion and I think easily looking at the demo uh this uh India uh you know uh I think uh uh this it can really go up to $1 trillion maybe in uh next 10 years.
So uh government is government has also understood. So I think tourism should do well, infrastructure should do well and hospital and hospitality should also do well. Right. And what would be your outlook on the Indian markets overall? And this would be my last question to you Mr. Kya considering that India will also not be immune to the kind of trade wars that we are seeing the US China trade war as well.
There are tariffs on India even though we are negotiating a trade deal but how do you see the trajectory of the markets some of the concerns some of the positives uh that you see along the way over the next six to seven months? I think it's very difficult to say but what I am uh doing for myself I can share this that I think that whatever bottom market had made 15 days back I think that that could be and should be the final bottom for 2025 I think uh the worst is uh worst is over I think but that does not mean that we are going to touch a new high very soon I think market will be in a consolidation phase maybe for next two years maybe for 25 and even for 26.
Now coming to the point this uh 90 days honeymoon period which we had been granted I think that is the golden opportunity for India to take advantage of it. We are better placed compared to many ashan countries and our neighbor and mainly our biggest competitor uh China. So I think this India should take advantage of it.
So it is like a blessing in disguise. Right. And finally uh you know there are many more startups which are looking to get listed in the on the stock exchange over the next uh few weeks and months. Uh what advice would you like to give them in the context of what's happened with Jens? So just one has to be careful as it is written they write in the train.
So investors ultimately have to protect their own own things you know. So the follow whatever I have recommended and find few more points and all and strict maintain strict discipline and be organized. Don't try to become a millionaire overnight and uh uh just follow the discipline. All right. So be disciplined.
Uh don't uh rush into growing wealth uh overnight. But thank you very much Mr. Kadia for joining us giving your view on the sebi probe into Jensenol engineering and your outlook on Indian markets as well. Back to you in the studios.
Comments 0