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By:

Dr. Abhilash Dawre

19 March 2025 at 5:18:41 pm

Woman held for allegedly killing daughter

She was reportedly upset over her love relationship with a man from other caste Ulhasnagar: In a shocking incident that has sent shockwaves across Ulhasnagar, a mother allegedly strangled her 19-year-old daughter to death after opposing her relationship with a young man from another caste. According to the police, the accused, identified as Asha Garad, allegedly killed her daughter Amruta Garad in a fit of rage when the latter was preparing to leave home with the man she was in a relationship...

Woman held for allegedly killing daughter

She was reportedly upset over her love relationship with a man from other caste Ulhasnagar: In a shocking incident that has sent shockwaves across Ulhasnagar, a mother allegedly strangled her 19-year-old daughter to death after opposing her relationship with a young man from another caste. According to the police, the accused, identified as Asha Garad, allegedly killed her daughter Amruta Garad in a fit of rage when the latter was preparing to leave home with the man she was in a relationship with. The accused has been arrested by Ulhasnagar Police Station No. 1, and further investigation is underway. According to the police, the incident took place at Bhaiyyasaheb Ambedkar Nagar in Ulhasnagar Camp No. 1, where Amruta Garad lived with her family. She was reportedly in a relationship with a young man from another caste who resided in the same neighbourhood. Her mother strongly opposed the relationship and had repeatedly tried to convince her to end it. However, Amruta remained firm in her decision. Police said that at around 1:30 am on Sunday night, a heated argument broke out between the mother and daughter while Amruta's father and two brothers were asleep in the house. Following the argument, Amruta was allegedly preparing to leave home with the young man. At that moment, Asha Garad allegedly used a scarf to strangle her daughter, resulting in her death on the spot. After the incident, Amruta's father approached Ulhasnagar Police Station No. 1 and informed the police about the incident. Police immediately reached the spot, conducted a panchnama, and sent the body to the Central Hospital, Ulhasnagar, for post-mortem examination. Based on the preliminary investigation, police registered a case against Asha Garad and arrested her. The incident, in which a mother allegedly killed her own daughter, has created widespread shock in the Ulhasnagar area. Further investigation is being carried out by officers of Ulhasnagar Police Station No. 1. While speaking to ‘The Perfect Voice’, Deputy Commissioner of Police Sachin Gore said that the 19-year-old woman's mother was opposed to her love marriage. Following an argument, the mother allegedly killed her daughter in a fit of rage. A case has been registered at Ulhasnagar Police Station No. 1, the accused woman has been arrested, and further investigation is in progress.

IPO Investment Strategy

Updated: Nov 12, 2024

IPO Investment Strategy

Investors have amassed significant wealth through investing in Initial Public Offerings (IPOs) in India. In 2024, 70 IPOs were launched, with 56 of them delivering positive gains on their initial listing. Among these, Vibhor Steel Tubes, which began accepting subscriptions in February 2024, achieved the highest listing gain at 195 per cent. BLS E-services and Bajaj Housing Finance were the next two IPOs to see substantial gains, with returns of 171 per cent and 135 per cent, respectively. Investors can approach IPOs from two angles: focusing on listing gains or on long-term investment. Let's explore the key factors that contribute to a successful IPO investment strategy.


For Listing Gains

1. Consider the size of the issue. Small IPOs with issues below 2000 crores tend to offer better listing gains.


2. Monitor the Grey Market Premium (GMP). GMP should consistently exceed 30% before the IPO.


3. GMP should either remain stable or increase, and it should not decrease leading up to the IPO's closing date.


4. Even if the goal is to focus on listing gains, it's important to review the company's financials. Financial indicators such as profit growth, Return on Equity, and Price to Earnings ratio are crucial to avoid investing in low-quality IPOs.


5. If the company shows long-term growth potential, it's advisable to hold off on selling shares.


For Long-Term Investment

1. Established companies like LIC, Zomato, Ola Electric, and Hyundai Motors have not met market expectations, often due to the size of their initial offerings. If the issue size exceeds $20 million, it's advisable to consider investing for long-term gains rather than just listing gains.


2. The valuation of the company is critical for long-term wealth creation through IPOs. The company should be profitable, and its price to earnings ratio should be below 25.


3. Occasionally, companies like Zomato, Swiggy, and Ola, which are currently unprofitable, but they have a potential for significant future growth. In such cases, it's important to be mentally prepared for a multi-year period of time correction. It's possible that returns may not be realized until the company becomes profitable.


4. Shares in this category are susceptible to significant price drops, potentially by 50 per cent to 70 per cent from their initial offering price. However, it's beneficial to buy these shares during these price drops. For instance, Zomato, listed at 116 rupees in July 2021, fell to 41 rupees by July 2022. Following this decline, the stock began to rise, currently trading at 248 rupees.


5. If a company is fundamentally strong but its valuation is high, it may consolidate over several years, requiring patience. An example is CDSL, which was listed in 2017, didn't deliver any returns for the next three years. However, from 2020 to 2024, the stock appreciated by over 10 times.


(The author has spoken to experts in the field for writing this piece.)

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