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Jiten Parmar Profile
Jiten Parmar

@jitenkparmar

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Value Investor. Co-founder of Aurum Capital, a SEBI-Registered Research Analyst firm. Regularly featured on biz channels and publications. Views are personal.

Pune, India
Joined September 2014
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@jitenkparmar
Jiten Parmar
3 years
Link to most of my presentations, media and publication interviews. Everything at one place.
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@jitenkparmar
Jiten Parmar
1 year
L&T CEO says they are facing shortage of labour 35k-40k like carpenters, masons, etc. They are not finding enough skilled people for this job. Other industries we have interacted with all having skilled labor shortage. We crib about unemployment. But the hard reality is that
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@jitenkparmar
Jiten Parmar
9 months
Only in India can someone with pathetic customer experience be market leaders. eg. HDFC, Indigo, Jio, etc.
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@jitenkparmar
Jiten Parmar
2 years
Imagine the concall. Or board meet. 😁 Just to lighten mood in the markets. No offense. H/T: Sarvesh Gupta
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@jitenkparmar
Jiten Parmar
3 years
Zaouli is a traditional dance of the Guro people of central Ivory Coast. One of the most difficult dances to perform.
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@jitenkparmar
Jiten Parmar
4 years
Animals too have feelings. 🙏
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@jitenkparmar
Jiten Parmar
1 year
Two pics at Mumbai Airport today. 1st Pic - Fully crowded with a queue to get in. Free food. 2nd Pic - sparsely crowded. You have to pay for food. Indian airport priority lounge is an oxymoron. Have stopped going to lounges some time back.
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@jitenkparmar
Jiten Parmar
25 days
Ola IPO is so cheaper. It's at 76 Rs. Paytm was so expensive. 2150 Rs. In a WhatsApp group. 😂😂😂 I felt like drowning myself.
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@jitenkparmar
Jiten Parmar
1 year
Many might not know about Tata SuMo. Every day top executives of Tata Motors used to take lunch together but from some days, Sumant Moolgaokar used to take his car and go out during Lunch Hours and come back as soon as the Lunch Break was over. There was a grapevine that he is
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@jitenkparmar
Jiten Parmar
3 years
My first 250 X Power of holding. 17 years.
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@jitenkparmar
Jiten Parmar
2 years
Watched KGF 2 on OTT. Thank God, did not waste money in theatre. Mindless movie. Could not understand the hype behind it.
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@jitenkparmar
Jiten Parmar
3 years
Anyone who entered the stock markets in the last 15 months, has probably not learnt any lesson in the markets. A time for learning will come, in the future. Just be prepared. #investing
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@jitenkparmar
Jiten Parmar
5 months
At the cost of being called anti-national, I respectfully disagree. Have been to Switzerland many times and also to Kashmir a couple of times. Am sure there is improvement in Kashmir, but there are many many issues about infrastructure, hygiene, local taxi unions, safety of
@sandypuns_
Sandipan
5 months
I’ve been to Switzerland, and I can say that Kashmir has so much more natural beauty to offer - the last week of travel has just made me feel so much more at peace. Jotting my itinerary down, as a memoir to self, but also to nudge folks to explore the pretty hills up there :)
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@jitenkparmar
Jiten Parmar
5 years
A mobile charging station at Pune Railway station.
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@jitenkparmar
Jiten Parmar
3 years
India has been vaccinating one Denmark or Finland every day for quiet some time. Have inoculated almost 2 US and 10 UKs. Appreciate the humongous effort. #VaccinationDrive
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@jitenkparmar
Jiten Parmar
3 years
Indians can support Ukrainians... But India cannot support Ukraine.
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@jitenkparmar
Jiten Parmar
2 years
LIC can invest in LIC to make the issue successful. 😜
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@jitenkparmar
Jiten Parmar
2 years
This is trending in many places across the world.
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@jitenkparmar
Jiten Parmar
3 years
He has a heart of gold. A person is recognised by the way he treats the people who serve him/her. @IDFCFIRSTBank
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@jitenkparmar
Jiten Parmar
3 years
Multi-baggers are only for bragging rights. The real deal is the CAGR of your portfolio. #investing
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@jitenkparmar
Jiten Parmar
3 years
There is no big picture guy like Rakesh. He has great vision. And that's why he is so successful. Always focus on the big picture and think long term. #investing
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@jitenkparmar
Jiten Parmar
2 years
The incredible success of UPI. Source: WhatsApp forward.
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@jitenkparmar
Jiten Parmar
4 years
Work from home.... 😉
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@jitenkparmar
Jiten Parmar
5 years
A bit of history. HPCL was Caltex and BPCL was Burmah Shell many decades ago. Burmah Shell and Caltex refused to supply fuel to Indian Army during Indo Pak war due to US Govt orders. So Govt of India nationalised these companies after the war.
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@jitenkparmar
Jiten Parmar
6 months
The best Pizza place in the world, serves only 3 kinds of pizzas. All vegetarian. If in Naples, a must visit.
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@jitenkparmar
Jiten Parmar
3 years
Epic fail.
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@jitenkparmar
Jiten Parmar
3 years
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@jitenkparmar
Jiten Parmar
3 years
Buying now. You might look like a fool in the short term. But in long-term, you will be called a genius.
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@jitenkparmar
Jiten Parmar
4 years
If you would have listened to the economists, you would have lost one of the best years for investments. 2020. If you would have believed in human resilience, and stayed positive, you would have gained a lot. #investing
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@jitenkparmar
Jiten Parmar
2 years
Oh my God. CA?
@CANehaNiharika
CA Neha Niharika
2 years
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@jitenkparmar
Jiten Parmar
4 years
To all investors who entered markets post 2008. Welcome to investing. Reasons change. But history repeats.
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@jitenkparmar
Jiten Parmar
10 months
Happy Diwali to all. Giving boost to Atmanirbhata, bought an XUV700 @anandmahindra and whole Mahindra team have created a very good car.
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@jitenkparmar
Jiten Parmar
4 years
If you don’t come out of this Lockdown with: A New Skill, More Knowledge, Better Health & Fitness, you never lacked time. You lacked discipline.
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@jitenkparmar
Jiten Parmar
4 years
World is not going to end and if CoronaVirus will kill us then what is the use of money. Better to invest. 😀
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@jitenkparmar
Jiten Parmar
4 years
TN police 👌 Guys breaking lockdown were put inside an ambulance, which had a dummy Corona infected patient. They learnt the a good lesson. This is hilarious 😁
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@jitenkparmar
Jiten Parmar
4 years
Never say "I will invest for 10 years in a stock". Say "I will be invested till the management executes and sector/company doesn't face disruption"
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@jitenkparmar
Jiten Parmar
1 year
Yesterday again received a call from a friend regarding guiding his son (21 yrs) for investing. He requested me to talk to him. I asked him what he wants to do. His answer "trading". This is a repeat of many such incidences in the past few years. Except for a couple of kids
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@jitenkparmar
Jiten Parmar
5 years
Advice to my investor friends. A portfolio built stupidly in a bull market may make money, if you are lucky. but.... A portfolio built wisely in bear markets can make a fortune. Bear markets are an investors best friend. Happy teachers day. 🙏
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@jitenkparmar
Jiten Parmar
3 years
The whole Indian lot was tired, jaded from IPL. No intent, no fire. With so much big bucks in IPL, club takes priority over nation. This is the reality. #ICCT20WorldCup
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@jitenkparmar
Jiten Parmar
3 years
There will be big revolution in electricity distribution once prepaid smart-meters get implemented. Timelines are 2023 and 2025. Even if they are able to achieve 50% of what the govt is set out to implement, it will be a game changer. Watch the space.
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@jitenkparmar
Jiten Parmar
2 years
"My Way or the Highway"? Though I respect all investing styles, I must call out few who try to paint what they don't own as cyclical. I think an understanding of cycles is required. All stocks are affected by Business Cycles & Market Cycles, by varying degrees 1/8 @CapitalAurum
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@jitenkparmar
Jiten Parmar
5 years
A FMCG company Concall: ‘Males in 20 to 29 age bracket are keeping beards reducing the surface area coverage for our product by 25% to 30%.’ 😊 From someone who was on the call.
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@jitenkparmar
Jiten Parmar
2 years
This is just sick. What the hell is happening? India has so much potential. I hope the future of India doesn't squander it away.
@poochaanD
லீ
2 years
Thoothukudi paavam da dae 😭
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@jitenkparmar
Jiten Parmar
4 years
If the 1918 pandemic was called "Spanish Flu", why should Covid-19 not be called "Chinese Flu" ? 🤔 China is solely to be blamed for this. Conspiracy theories aside, the reason for this is their habit and infatuation with wild animals. Why should they not be held accountable?
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@jitenkparmar
Jiten Parmar
2 months
I don't like to swear. But Mumbai traffic at 11 pm on WEH almost makes me do so. Leaving Mumbai was one of the best decisions of my life.
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@jitenkparmar
Jiten Parmar
2 years
Someone who doesn't buy now, will never be able to buy at the bottom. #investing
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@jitenkparmar
Jiten Parmar
5 years
The biggest irony for fund managers is this. They don't get funds when it's the best time to deploy and get truckloads when it's the best time to withdraw. It's a fact.
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@jitenkparmar
Jiten Parmar
4 years
What an effort by China to fight the disease. 👌
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@jitenkparmar
Jiten Parmar
5 years
An anchor on TV asking a TA view on a stock which is down 4 Rs. Chartist giving a negative view due to fall of 4 Rs. Both forgot that the stock is ex-dividend (Rs. 6.40) today 😀
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@jitenkparmar
Jiten Parmar
2 years
One person killed in an explosion while charging the detachable battery of an EV in Hyderabad. What I have observed is most fires are in places which have very hot weather. Means these batteries are not properly tested for these weather conditions. Most are Chinese batteries.
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@jitenkparmar
Jiten Parmar
2 years
Canara Bank is the 2nd PSU Bank to cross 1 lakh Crore Gold Loan portfolio.
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@jitenkparmar
Jiten Parmar
1 month
What is happening in the markets currently 😂 Via WhatsApp.
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@jitenkparmar
Jiten Parmar
4 years
It's not Lockdown 3.0, it's Withdrawal 1.0 #Covid_19india
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@jitenkparmar
Jiten Parmar
4 years
US, Europe, Canada, India. At intersection. 😂
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@jitenkparmar
Jiten Parmar
3 years
Superb... By @IDFCFIRSTBank Received my #FirstPrivate kit. Happy customer.
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@jitenkparmar
Jiten Parmar
3 years
Had bought a steel company at 65 Rs few years back. Q1 EPS 120+ Power of cycles. #investing
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@jitenkparmar
Jiten Parmar
4 years
An animal vaccine manufacturer announces that it will get into Covid-19 vaccine. Stock up 20% 😂
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@jitenkparmar
Jiten Parmar
3 years
Negative people lose opportunities. The greedy ones lose money. #investing
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@jitenkparmar
Jiten Parmar
1 year
Beware of order book investing. See the period of execution too. Frankly feeling there is a lot of froth in many areas. Be careful. I would avoid putting incremental cash in these markets. But then, such voices in raging bull markets are ignored.
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@jitenkparmar
Jiten Parmar
3 years
WFH (Work For Home) 🙂
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@jitenkparmar
Jiten Parmar
3 years
A historic day. Rare events. 😂
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@jitenkparmar
Jiten Parmar
6 years
A whatsapp forward. Very relevant in today's age.
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@jitenkparmar
Jiten Parmar
6 years
2 months back : Oil at 85. World will slow down. Now : Oil at 50. World will slow down. 😀 Avoid media noise. Focus on fundamentals of companies.
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@jitenkparmar
Jiten Parmar
3 years
Smile moment. 🙂 Disclosure: Invested
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@jitenkparmar
Jiten Parmar
6 years
Part 1 of my interview yesterday on Investing in cyclicals.
@CNBCTV18News
CNBC-TV18
6 years
Know about the #investment strategies in cyclical & #commodity stocks and also learn how to identify the #MultiBagger ideas with Value Investor, @jitenkparmar & @_anujsinghal #InvestingInCyclicals
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@jitenkparmar
Jiten Parmar
2 years
Adjusted... 😁 Via: Whatsapp wonderbox.
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@jitenkparmar
Jiten Parmar
3 years
Radhe Review... I know you guys dont know him . But i have a friend who has been on wheelchair most of his life. And today he stood up to switch off the tv while watching this movie.. 😂😂😂 Hat Tip: Hitesh Doshi
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@jitenkparmar
Jiten Parmar
4 years
A legend retires today. One of the tallest Indian CEOs in history. Created immense shareholder wealth. @HDFC_Bank
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@jitenkparmar
Jiten Parmar
3 years
Recent IPOs from 52w high: Heranba Industries ⬇️ 39% Mrs Bector Food ⬇️ 39% Burger King ⬇️ 37% Antony Waste ⬇️ 35% Railtel ⬇️ 24% Indigo Paints ⬇️ 24% Home First Finance ⬇️ 22% MTAR Technologies ⬇️ 14%
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@jitenkparmar
Jiten Parmar
7 months
The seeds of your future winners are sown in bear markets. The seeds of mistakes and future losers are sown in bull markets. Be always mindful of this. Make sure that junk or storied stocks at obscene valuations doesn't enter your portfolios, especially in these markets, as
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@jitenkparmar
Jiten Parmar
2 years
A thread on investing in cyclicals. There are 2 approaches to investing in cyclicals. 1)Contra 2)Turnaround @CapitalAurum 1/9
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@jitenkparmar
Jiten Parmar
5 years
Excellent analogy pertaining to investing.
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@jitenkparmar
Jiten Parmar
2 years
Queue to enter Delhi Airport lounge. Flights full, airports crowded, hotels booked out. Indians travelling with a vengeance.
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@jitenkparmar
Jiten Parmar
4 months
@theskindoctor13 Hi. If you get their contact info and if any financial help is needed, please do contact me. It's shameful to see people do body shaming. Especially for such a bright student.
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@jitenkparmar
Jiten Parmar
6 years
4 years governance, 1 year politics. He had said that in the start.
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@jitenkparmar
Jiten Parmar
8 months
One company I own declared Q3 results last year on Jan 23. This year they are.coming out on Jan 12. My observance is that when they prepone, most of the times it will be better results. Over the years, you keep observing these kind of things and keep learning.
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@jitenkparmar
Jiten Parmar
4 years
No more candle stick. It's a bamboo stick. 😂
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@jitenkparmar
Jiten Parmar
4 years
Indians can survive this too. Coronavirus cannot do any harm to us. 🙂
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@jitenkparmar
Jiten Parmar
6 years
In bull markets, Most are blind to risks. In bear markets, Most are blind to opportunities.
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@jitenkparmar
Jiten Parmar
4 years
The way things are going, Motabhai may soon sell more than 100% in Jio Platforms soon 😉 Jokes aside, what an asset he has built. To raise so much in this environment, at these valuations is simply unparalleled. Huge respect.
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@jitenkparmar
Jiten Parmar
2 years
CAGR on portfolio is important than CAGR on individual stocks. Allocation to equity in Net Worth is more important than CAGR on equity. #investing
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@jitenkparmar
Jiten Parmar
5 years
A superb share. Investing is indeed simple. One just needs to be temperate. I always talk about these aspects in all my presentations.
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@jitenkparmar
Jiten Parmar
3 years
How things change so quickly.
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@jitenkparmar
Jiten Parmar
5 years
What is going on in the market is not growth investing. It is "growth at any value". Latecomers to this theme might be the ones who may suffer. If you are a trader or momentum investor, may make sense. But for a fundamental investor, it could be dangerous. Be alert.
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@jitenkparmar
Jiten Parmar
6 years
Stock market is the only market place where people are unhappy when the things are available at a good discount. 😀
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@jitenkparmar
Jiten Parmar
5 years
My daughter made this soap for me. ❤️
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@jitenkparmar
Jiten Parmar
2 years
Do look at Infra sector. Some very good companies available at very good valuations. Neglected sector. Underowned. It's time should come soon. Cost pressures have reduced. There is a big runway due to government infra focus. Of course. Be selective and focus on quality.
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@jitenkparmar
Jiten Parmar
2 months
Reminder to self. The crazy returns in the portfolio are due to the crazy markets. Don't get complacent and carried away. Stay with the process and philosophy of value investing. Avoid any costly mistakes.
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@jitenkparmar
Jiten Parmar
1 year
Watching #Aadipurush on Netflix. 40 minutes into it. My 1 sentence view. The 3.2 iMDB rating is too generous. One of the worst movies. Complete #चीरहरण of Ramayana.
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@jitenkparmar
Jiten Parmar
4 years
This is hilarious. 😂
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@jitenkparmar
Jiten Parmar
2 years
Wealth is not made by stop losses. Wealth is made by holding onto your conviction ideas during drawdowns and if possible, adding more. #investing
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@jitenkparmar
Jiten Parmar
3 years
Entering during bad cycle, one may have wait 1-3 years for one to get cost back. Entering during peak of upcycle one may have to wait for 5-10 years or more to get cost back. If things don't work out as envisaged. Do remember this.
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@jitenkparmar
Jiten Parmar
7 months
This is a market where "ignorance is bliss" and knowledge of fundamentals is a handicap. 😀
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@jitenkparmar
Jiten Parmar
5 years
Builder keeps his promise 😁
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@jitenkparmar
Jiten Parmar
6 years
Rupee below 70. Crude below 60. 10 year yield at 7.6. FIIs buying for sometime now. Decent Q2 nos. Decent GST collections. Micros and macros both in favor. If election results are positive, I am pretty certain we will have a good rally in broader market too.
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@jitenkparmar
Jiten Parmar
2 years
Expressway work started in Feb 2020. Target 36 months. Despite CoVid disruption, completed in 28 months, 8 months ahead of schedule. Superb. 👍
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@jitenkparmar
Jiten Parmar
6 years
Another very good forward.
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@jitenkparmar
Jiten Parmar
3 years
It's good to be visiting my daughter in UK. Traveling to the smaller towns, is much more fun. Will be in London on 7-8 Sep.
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