Flag
Technical analysisA short, tight, low-volume drift against a sharp preceding move, which then resolves in the original direction.
In plain terms
The drying volume is what makes it a flag: profit-taking is being absorbed without difficulty. Past about three weeks it has become a distribution range instead.
Read the full lesson →Operating cash flow
AccountingCash generated by the core business, after working-capital movements.
In plain terms
Compare five years of this against five years of net profit. Divergence is the red flag.
Read the full lesson →Promoter salary
Fundamental analysisRemuneration paid to the controlling family in executive roles.
In plain terms
Rising promoter pay with no dividend and flat profit is the clearest red flag in the note.
Read the full lesson →SME platform
Market basicsThe separate exchange segments for small and medium enterprises, with lighter vetting, far higher minimum lot sizes and much thinner post-listing liquidity than the main board.
In plain terms
SEBI has repeatedly flagged inflated subscription figures, circular funding of applications and post-listing manipulation here. Good companies do list; the base rate is not favourable.
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