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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.

Why buying high P/E ratio stocks is risky?

Updated: Oct 22, 2024

stocks

The Indian stock markets have generated significant wealth for investors over the past 3-4 years. The Nifty50 index has seen a return of 48.5 per cent over this period. Similarly, the Nifty smallcap 100 and Nifty midcap 150 indices have shown impressive returns of 76.6 per cent and 96.8 per cent respectively during the same timeframe. However, some individual stocks have underperformed the broader markets. The primary reason for this underperformance is often attributed to their high valuation.

To begin with, let's look at the Price to Earnings (P/E) ratio, which is a key valuation metric. This ratio provides insight into how much investors are paying for each dollar of a company's earnings, with higher ratios indicating a more expensive stock. Generally, stocks with a P/E ratio below 15 are considered value stocks, those between 15 and 25 are seen as fairly valued, and those above 25 are deemed expensive. Now, let's examine the stocks in the Nifty 500 index that have significantly fallen short of the index's performance over the last 3 years.

Out of around 500 stocks in Nifty500 index, about 25 have either seen no return or have returned very little. Prominent examples include Bata, Asian Paints, Metropolis, Star Health, Mphasis, SBI Cards, and Jubilant Foodworks, all of which had a P/E ratio above 25 in September 2021. This data suggests that investing in high P/E stocks can be a risky move, as these stocks often lag behind the overall market.

While the P/E ratio shouldn't be the sole consideration for investment, it's undeniably a crucial one. Investors should also look at other financial ratios such as Return on Equity (ROE), Return on Capital Employed (RoCE), and Debt to Equity (D/E) ratio in conjunction with the P/E ratio. Stocks that show consistent profit growth, a healthy ROE, low debt, and a reasonable P/E ratio are more likely to generate above-average returns in the stock market.

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