Saurabh Mukherjea’s actions don’t match his words

A popular face on TV and the manager of over Rs 9,000 crore in assets, he is increasingly contradicting himself, imperilling investors’ interests.

1 June, 202326 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Saurabh Mukherjea’s actions don’t match his words

You may also like

Business
Story image

MFs hold up India’s IPO market, their investors foot the bill

As retail interest in public issuances fades, mutual funds are filling the gap—funding promoter exits and delivering subpar returns to the very investors they represent.

Business
Story image

For equity investors, buy-at-any-price will fail

No matter how good a business, overpaying for a stock negatively impacts returns. Saurabh Mukherjea’s Marcellus is only the latest example of the perils of forgetting this timeless lesson.

Business
Story image

GMM Pfaudler’s promoters put their interests first

Twice in 26 months, the Gujarat-based company’s promoters announce decisions that give ordinary investors short shrift.