He double-checked the debt-to-equity ratio. 0.1. Almost zero debt. Promoter holding: 68%. Institutional holding: barely 5%. That meant no big funds had noticed yet. Or worse—they had noticed and decided it was a trap.
He placed a market order for delivery. 553 shares.
Six months later, the news broke. The land acquisition was real. The cargo terminal was approved. Siddhivinayak Infra touched ₹920. on balance volume chartink
He took a breath. The weight of three years of failure pressed down on his shoulders. But beneath that weight, something else stirred—not hope, not greed. Just a quiet, stubborn faith in the mathematics of accumulation.
At 4:15 AM, he did something he hadn’t done in three years. He pulled out his old trading journal. The pages were stained with tea and tears. On the last used page, he had written in red ink: “Never trust divergence alone. Fundamentals lie. Volume lies. Only time tells.” He double-checked the debt-to-equity ratio
The chart was of a small-cap company called Siddhivinayak Infra . The price had been flat for six months—a dead body floating in a still lake. But the OBV line was climbing. Slowly, deliberately, like a snake slithering up a drainpipe.
“What then?”
Then he saw it—a small footnote in the quarterly results. A footnote so obscure it might as well have been written in invisible ink: “Company has identified a land parcel in Navi Mumbai adjacent to the proposed international airport. Valuation pending.”
Arun picked up his phone. He dialed Mrs. Desai. Promoter holding: 68%