[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  The Kaipullai [@thekaipullai](/creator/twitter/thekaipullai) on x 82.7K followers Created: 2025-02-15 18:42:18 UTC Indian stock market is out of control - Example 23452 Urja Global is a company that apparently deals with is off-grid and grid connected Solar Power Plants. They are also very versatile, because they are also manufacturing EV scooters and batteries. Basically, they are the Dasavatharam Kamal of Corporate India. They even have a nice website and all. It is listed and the share price is today at Rs XX. So what's the story here? For that you have to go back to 2019, when something funny happened with this multiple personality company. On July 13, 2019, Urja Global informed BSE that they have a entered into a $XX million five-year procure and supply contract with a big Japanese Phrama company called Nippon Shinyaku Co. They also announced that their take in this deal was $XX million. It was supposed to be a big money deal guaranteeing long term revenues and profits. It was supposed to be easy money. And what were they supposed to procure and supply to the Japanese? An element called "Zacobite" You know where this is going. Obviously on receiving this news, the markets reacted very nicely. Their share price went from Rs X to X in a single day. And the no of shares traded went from a measly XXX lakh to an astounding XX lakh. All is happy and well, right? Wrong. Because the element they were supposed to "procure" and "Supply" doesn't actually exist. It is not on the periodic table. The element cannot be found not only on our planet, but on any planet in the known universe. Zacobite is as real as Vibranium or Unobtanium. And as for Nippon Shinyaku Co, well they hadn't even heard of Urja Global, much less sign a XXX Crore contract with it. So, an Indian company in 2019, announced officially, that they sold a product that isn't real to a Japanese company that they didn't know, for a sum of money that they never received or were promised. The entire deal was as made up as Peter Pan. Yet not only did they announce it, but they also profited from it. At this point, you might be thinking why I am writing this? Because Indian markets have seen many scams and ultimately the market corrects itself. Usually, companies like this vanish or go bust right? Wrong again. Because Urja Global trades today. Very actively that too. It even went as high as Rs XX in Jan 2024. The Market Cap of the company today is Rs XXX cr. And when you see that the company's combined last X year profit was Rs X cr and doesn't have a single paisa of operational cash flow in the same period, you wonder what sort of a ridiculous bull market you are currently in? And like that guy in Big Short, you start questioning, is it time to sell and run? P:S: Urja Global showed a revenue of Rs XXX cr in 2020. Guess how much its operating cash flow was for that year? Zero. P:P:S: This whole post is anyway pointless, as the promoter holds only XXXX% of the company. He has made his "I will retire on a giant yatch in the French Riviera money" Guess who owns XX% of it? The well educated, aware, amazingly influenced retail public investor. XXXXXXX engagements  **Related Topics** [india](/topic/india) [stocks](/topic/stocks) [Post Link](https://x.com/thekaipullai/status/1890834032503709881)
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The Kaipullai @thekaipullai on x 82.7K followers
Created: 2025-02-15 18:42:18 UTC
Indian stock market is out of control - Example 23452
Urja Global is a company that apparently deals with is off-grid and grid connected Solar Power Plants.
They are also very versatile, because they are also manufacturing EV scooters and batteries.
Basically, they are the Dasavatharam Kamal of Corporate India. They even have a nice website and all. It is listed and the share price is today at Rs XX.
So what's the story here?
For that you have to go back to 2019, when something funny happened with this multiple personality company.
On July 13, 2019, Urja Global informed BSE that they have a entered into a $XX million five-year procure and supply contract with a big Japanese Phrama company called Nippon Shinyaku Co.
They also announced that their take in this deal was $XX million.
It was supposed to be a big money deal guaranteeing long term revenues and profits. It was supposed to be easy money.
And what were they supposed to procure and supply to the Japanese? An element called "Zacobite"
You know where this is going.
Obviously on receiving this news, the markets reacted very nicely. Their share price went from Rs X to X in a single day. And the no of shares traded went from a measly XXX lakh to an astounding XX lakh.
All is happy and well, right?
Wrong.
Because the element they were supposed to "procure" and "Supply" doesn't actually exist. It is not on the periodic table. The element cannot be found not only on our planet, but on any planet in the known universe.
Zacobite is as real as Vibranium or Unobtanium.
And as for Nippon Shinyaku Co, well they hadn't even heard of Urja Global, much less sign a XXX Crore contract with it.
So, an Indian company in 2019, announced officially, that they sold a product that isn't real to a Japanese company that they didn't know, for a sum of money that they never received or were promised.
The entire deal was as made up as Peter Pan.
Yet not only did they announce it, but they also profited from it.
At this point, you might be thinking why I am writing this? Because Indian markets have seen many scams and ultimately the market corrects itself. Usually, companies like this vanish or go bust right?
Wrong again.
Because Urja Global trades today. Very actively that too. It even went as high as Rs XX in Jan 2024.
The Market Cap of the company today is Rs XXX cr.
And when you see that the company's combined last X year profit was Rs X cr and doesn't have a single paisa of operational cash flow in the same period, you wonder what sort of a ridiculous bull market you are currently in?
And like that guy in Big Short, you start questioning, is it time to sell and run?
P:S: Urja Global showed a revenue of Rs XXX cr in 2020. Guess how much its operating cash flow was for that year? Zero.
P:P:S: This whole post is anyway pointless, as the promoter holds only XXXX% of the company. He has made his "I will retire on a giant yatch in the French Riviera money"
Guess who owns XX% of it?
The well educated, aware, amazingly influenced retail public investor.
XXXXXXX engagements
