In this episode of Konversation with Kushal, Neeraj Goyal and Shubham Goyal-promoters of LAPL Automotive Limited-share how an employee took over a dying factory with its liabilities and built it into a successful auto components company now heading for its SME IPO.Here's what you'll learn in this episode:1-Employee To Owner: Why he turned down Minda and Bajaj offers to take over his collapsing company instead.2-Lights & Motors Unit Economics: 600+ SKUs, ₹80 to ₹3,000 products, ₹1.5 crore to design one lamp-and the full cost breakup of a ₹500 product.3-The EV Opportunity: From 2 Indian vehicle brands to 350 manufacturers, and why manufacturing is the most underrated career today.
#konversationwithkushal #kushallodha #laplautomotive #smeipo #manufacturing #autocomponents #familybusiness #evindia #indianstockmarket #entrepreneurship

In this episode of Konversation with Kushal, Anupam Tiwari, Fund Manager at Groww Mutual Fund and a top-5 rated small cap fund manager with 27 years in the markets, delivers a complete masterclass on small cap investing.Here's what you'll learn:1-The 5-Factor Model for picking stocks and why management quality sits on top2-Numbers vs Story: Why chasing themes makes you lose money3-Why 95% of Small Caps Fail and how big the drawdowns really get4-Conviction Over Knowledge: Why 3-5 stocks make or break you5-Small vs Mid vs Large Cap: Where to invest based on your time horizon#anupamtiwari #growwmutualfund #smallcapinvesting #smallcapstocks #mutualfundsindia #multibaggerstocks #stockmarketindia #valueinvesting #konversationwithkushal #kushallodha

In this episode of Konversation with Kushal, Ajay Tyagi-Head of Equity at UTI AMC, managing close to ₹1.5 lakh crore-explains why he stays bullish on IT even in the AI age, and why he avoids metals, oil and defence. He breaks down why AI is net positive for IT services, why today's AI bubble mirrors the Dotcom crash of 2000, why Quality beats Value long-term, and why India's premium on valuations over emerging markets valuations is finally cooling.Here's what you'll learn:1-Why AI Won't Kill IT: The "Tigers and Hyenas" framework, and why IT headcount grows over the next 10 years.2-The Nifty IT Signal: Valuations at a level seen only 3 times in 20 years-and what history says next.3-AI Bubble vs Cisco: Why Nvidia has already surpassed Cisco's 2000 peak.4-Quality vs Value: The Company A vs B example-and why cash beats profit.5-India vs EM: Why the valuation premium hit 90% in 2024 and why FIIs may return at 50%.

#ajaytyagi #utiamc #itstocks #aibubble #niftyIT #qualityinvesting #privatebanks #mutualfunds #konversationwithkushal

Shefali Goradia, Chairperson of Deloitte South Asia and the first woman to chair a Big Four firm in India, cleared CA in 1990 with an All India Rank 1. Her first salary was ₹4,000 per month. In this episode, she breaks down Big Four pay, Journey towards being Partner, and International Taxation in the simplest language you'll hear.What You'll Learn:1-Big Four Pay: Her ₹150 stipend, ₹4,000 first salary, and why CA fresher pay is the same across every domain.2-The Partnership Journey: Why 10 to 12 years is the minimum, and how some make partner at 36.3-Mid-Size Firm vs Big Four: How to actually choose, and why learning beats brand.4-International Taxation Simplified: DTAA, transfer pricing, BEPS, digital tax and the 6% equalisation levy.5-Landmark Tax Cases: Azadi Bachao Andolan, the Mauritius treaty, Tiger Global, General Anti- Avoidance Rule (GAAR) and Grandfathering.#KonversationWithKushal #ShefaliGoradia #Deloitte #BigFour #CharteredAccountant #CACareer #InternationalTax #TransferPricing #CASalary #TaxationIndia

Kuntal Shah, partner at Oaklane Capital and faculty member at FLAME University, has been investing since the Harshad Mehta era. In this episode, he shares timeless lessons from more than 35 years in the markets, explains why valuation is often misunderstood, breaks down India's manufacturing opportunity, and reveals how he identifies long-term winners before the crowd.What You'll Learn:1-Lessons From 1992: Kuntal Shah shares his firsthand experience of the Harshad Mehta boom, the mistakes that shaped his investing journey, and why losing money was his greatest teacher.2-Valuation Beyond DCF: Why reverse DCF, market expectations, and understanding narratives matter more than complex Excel models.3-India's Next Big Opportunity: Why manufacturing, renewable energy, and battery energy storage systems (BESS) could define India's next decade of wealth creation.#KonversationWithKushal #KuntalShah #Investing #ValueInvesting #StockMarket #IndianEconomy #Manufacturing #SolarEnergy #WealthCreation #LongTermInvesting

Kuntal Shah, partner at Oaklane Capital and faculty member at FLAME University, has been investing since the Harshad Mehta era. In this episode, he shares timeless lessons from more than 35 years in the markets, explains why valuation is often misunderstood, breaks down India's manufacturing opportunity, and reveals how he identifies long-term winners before the crowd.What You'll Learn:1-Lessons From 1992: Kuntal Shah shares his firsthand experience of the Harshad Mehta boom, the mistakes that shaped his investing journey, and why losing money was his greatest teacher.2-Valuation Beyond DCF: Why reverse DCF, market expectations, and understanding narratives matter more than complex Excel models.3-India's Next Big Opportunity: Why manufacturing, renewable energy, and battery energy storage systems (BESS) could define India's next decade of wealth creation.#KonversationWithKushal #KuntalShah #Investing #ValueInvesting #StockMarket #IndianEconomy #Manufacturing #SolarEnergy #WealthCreation #LongTermInvesting

G. Maran-Co-Founder and Executive Director of Unifi Capital-has been in markets since 1991. In this episode, he shares surprising data points about India that challenge every perception, reveals why promoters (not FIIs) are the biggest sellers in the market, breaks down the 60-25-15 valuation split in BSE 500, and explains why time arbitrage is the only real edge a retail investor has.What You'll Learn:1.India's Perception vs Reality: Punjab has more vegetarians than Gujarat, Tamil Nadu leads tourism, and Indians spent more on alcohol than jewellery last year.2. Promoters Are The Real Sellers: FIIs barely sold 3-4% of holdings. 70% of recent IPOs are offer-for-sale by promoters- A record never seen before.3. Insider Shadow Strategy: Buying where promoters buy and holding 3 years gave 10-35% returns 70% of the time.#KonversationWithKushal #GMaran #UnifiCapital #IndianStockMarket #ValueInvesting #StockMarket #IndianEconomy #InsiderShadow #ContrarianInvesting #WealthCreation

Kishore Narne, Executive Director at Motilal Oswal Financial Services with 25+ years in commodities, delivers a complete masterclass on how commodity markets actually work. From why your masala dabba is being traded on exchanges, to how jeera exporters in Unjha hedge their risk, to why the "Broken World" of deglobalisation is pushing all commodity prices higher, Kishore covers it all. He also explains why gold is a currency not a commodity, why silver is in a structural bull market after 8 years of inventory deficits, and drops his 2027 price predictions for gold, silver, copper, aluminium and crude oil.What You'll Learn:1. The 5 categories of commodities and which ones you can trade in India on MCX and NCDEX.2. How hedging works in real life for jeera traders, aluminium contractors and jewellery stores.3. Why the "Broken World" is creating a multi-year commodity supercycle.4. Gold is a currency: why 1 gram still buys the same rice it did 500 years ago.5. 2027 predictions: Copper , Silver , Gold #kishorenarne #motilaloswal #commoditymarket #goldprice2027 #silverprice #crudeoil #copperinvesting #commoditytrading #mcx #konversationwithkushal

Nimesh Chandan-CIO of Bajaj Finserv Asset Management, Manages ₹32,000 crore built from scratch in 3 years. In this episode, he decodes "Buy the Rumour, Sell the News" using the 2014 election, reveals which sectors Bajaj Finserv AMC is bullish on today, and shares his gold, silver & SIP allocation framework for young investors.What You'll Learn:1.Buy The Rumour, Sell The News: Why the 2014 Modi victory moved markets only 1%, why great earnings crash stocks, and how Post Earnings Announcement Drift works.2.Bullish Sectors Right Now: Metals, cement, defence, power, auto ancillaries, private banks, US generics, CDMO, consumer discretionary-and the 3 cycles driving this view.3.Quality vs Growth vs Value: Why quality stocks underperformed recently and why that's actually the opportunity.4.Gold & Silver Thesis:Central bank buying, silver's rising AI demand, and how the Multi Asset Fund captured gold's rally.5. ₹10,000/Month SIP Framework: Why beginners should split equally across flexi cap, multicap, multi asset, and large & mid cap.#nimeshchandan #bajajfinservamc #thestoicinvestor #buytherumorsellthenews #behavioralfinance #stockmarketindia #goldinvesting #silverinvesting #konversationwithkushal #kushallodha

In this episode of Konversation with Kushal, Apurva Sharma-Founder of RAAS Capital, advising ₹400-500 crore with a 35-36% CAGR-reveals how he identified multibaggers like Piccadily Agro , Shilchar Technologies and Cupid , why he went 80% cash in September 2024 before the crash, and how he pivoted to silver miners, copper miners and uranium ETFs globally.He breaks down why Brazil at a PE of 10 is the next big opportunity, shares his 40-50% India / 20-25% global allocation framework, and drops a bombshell on "name lending"-the hidden practice where promoters pay big investors to hold their stock for optics.1-Multibagger Case Studies: Piccadily (Indri whisky), Shilchar (transformer boom) & Cupid- exact entry, exit and thesis.2-80% Cash Call In Sept 2024: Yield curve inversion, PEG ratio warning.3-Mining ETFs: Silver miners $31 to $100, copper miners $41 to $120, 4-Brazil At PE 10: How to invest From india 5-Name Lending Exposed: How the parallel stock market economy really works behind the curtain.#KonversationWithKushal #ApurvaSharma #RAASCapital #MultibaggerStocks #MicroCapInvesting #BrazilStockMarket #UraniumInvesting #SilverMiners #IndianStockMarket #GlobalAssetAllocation