Adani Group shares are under heavy selling pressure today.

The trigger seems to be a report by Hindenburg Research which has flagged off serious valuation and corporate governance issues at the group.

Back in June 2021 my colleague Rahul Shah wrote a piece on why we haven't recommended a single Adani group stock yet across any of our services.

Perhaps a good time to revisit the piece. Posting it here for your easy reference.

Why I Haven't Recommended Any Adani Group Stock Yet - Profit Hunter by Equitymaster
https://www.equitymaster.com/profit-hunter/detail.asp?date=06/23/2021&story=1&title=Why-I-Havent-Recommended-Any-Adani-Group-Stock-Yet#aPrev

GMO’s Jeremy Grantham on what a recovery in US stock markets could mean…

The S&P 500 needs a rally of 33% to recover last year’s losses in real (inflation-adjusted) terms, the Nasdaq an intimidating 61%, and ARKK, Cathie Wood’s ETF, as a proxy for aggressive growth stocks, would need to triple! Some of the very largest cap and most reliable growth names – the likes of Amazon, Alphabet, and Meta, the wonder companies of the past decade – have to rise 70% to 150% to regain their 2021 peaks. And the damage in a single year to broadly diversified stock/bond portfolios is the worst in nearly a century.

Aswath Damodaran: Dealing with uncertainty in valuation
https://www.youtube.com/watch?v=a_VT-Uaj_jU&t=2167s

Here is my Twitter thread on 5 cycles you should track to become a potentially more successful investor. https://twitter.com/Equitymaster/status/1618918166700371971

Tanushree on Bajaj Finance

In Profit Hunter, Tanushree Banerjee shares her view on Bajaj Finance’s record profits. Here’s an extract…

‘Even the riskiest business models could be advantageous to companies that exploit the ecosystem well.
The upside in the fintech megatrend cannot be denied. Being selective about the best players riding this trend can be an attractive mode of wealth creation.’
http://www.eqtm.in/Zj23F

How to Identify Adani and Vakrangee-like Stocks

The critical parameters to watch out in too-good-to-be-true stocks.

http://www.eqtm.in/Gi6d8

Profit Hunter - Equitymaster's Editors on the Union Budget

Our editors weigh in with their views on the budget.

http://www.eqtm.in/g4WXb

Should Investors look at #AdaniStocks after the Fall or is it a Falling Knife and should be Avoided? My colleague Aditya Vora
@adityavora89
shares his thoughts in this Twitter thread...https://twitter.com/Equitymaster/status/1621130135939461121

The Adani Correction: An Opportunity of a Lifetime?

Rahul Shah wonders whether the Adani correction has created a great buying opportunity.

http://www.eqtm.in/Zr45Y

My tweet on choosing the best defence stocks https://twitter.com/Equitymaster/status/1621462383066750976

The crash in Adani group stocks and anxiety about tax implications pre and post Budget 2023 have created several mispriced opportunities in bluechips and midcaps.

Therefore, our attempt is to make a wishlist of safe stocks. But before that it is pertinent to book profits in stocks that are fairly priced.

Please find an update on the stocks of Britannia Industries and Laurus Labs in your mailboxes.

Rajashekhar Iyer On His Unique Benjamin Graham+ Approach to Picking Stocks

Rajashekhar Iyer, recognised as one of India's super investors, shares his unique approach to investing. Based on Benjamin Graham's teachings, he has evolved it when it comes to when to buy, when to sell and how much to invest in a stock. It is bound to get you thinking.

http://www.eqtm.in/Sa5t4

Rahul Shah's Secret to 94%, 116% and 144% Gains in a Year...

A know nothing investor's path to big gains.

Profit from India’s Third Giant Leap

Here’s an extract…

Tanushree explains Rahul Shah’s secret of finding multibagger stocks…

Most investors fail to fetch return of capital, forget return on capital, for penny stocks. But his deep value, quantitative style of stock picking has allowed Rahul to make some remarkable recommendations in this segment for more than a decade.

If you don’t believe me, take a look at some of these returns…

94.1% gains in 9 months.
116.1% gains in 6 months.
144.4% gains in 15 months.

In my recent interaction with him, Rahul revealed that he has made few tweaks to his screeners to suit a completely new group of stocks, which he is tracking.

Read on to know more…

http://www.eqtm.in/g2C9X

https://www.reuters.com/world/india/india-finds-lithium-deposits-first-time-country-2023-02-09/

Lithium resources are critical for India's electric vehicle and electronics manufacturing megatrends