• Is any sector trading at lower valuations than March 2020?

    Enterprise Value (EV) is defined as Market Cap + Debt – Cash. Basically the amount you need if you have to buy the com...

  • SBI, Infy, ICICI Bank, Coal India – who is most pro...

    If we were to ask you which of the following companies had the highest net profit in FY22, what would your answer be?...

  • Grasim and The Paints Sector – Threat of New Entran...

    What happens when new players enter a profitable business? If a business is profitable, someone will try to come and get...

  • PMI – Decoding Purchasing Managers’ Index

    PMI Manufacturing was at 54.6 in May 22. PMI Services went up to 58.9 in May 22. Ever wondered how do these numbers get...

  • Is a Declining ROE always bad – The case of PI Indu...

    Is a declining Return on Equity always bad? How does one decode the ROE?...

  • When Cash is not Cash

    Can a company trade at a Market Cap below its Net Cash Balances? Check the balance sheet of this company Mazagon Dock....

  • Price to Book < 1 - Bargain or Illusion of Bargain

    HPCL, IOCL, Oil India, SAIL, ONGC, Canara Bank, Bank of India, Bank of Baroda. Spot something common?...

  • Carnage in Global Markets – Are Rate hikes really b...

    When the central bank hikes rates – it does that in order to control inflation. But the only inflation that can be con...

  • Netflix, Robinhood, Amazon – What slowing growth i...

    We live in a world where everything is available instantaneously. Tap on your phone, and your food is here. Do it again,...

  • What will drive Nifty in the next 5 years

    We know that Nifty is a free-float market cap weighted index. What does that mean? Free float market cap is the market c...

  • The HDFC Merger – Future Growth or Present Necessity?

    It has been nearly 2 weeks since the two entities announced the merger. After the initial euphoria, the markets have set...

  • The oil price hikes and the boiling frog syndrome!

    There was this (now proven to be incorrect) story that we have all heard about the fact that if you put a frog in the wa...

  • PVR Inox – A merger hiding more than it tells + Tit...

    So PVR and Inox decided to merge over the last weekend. This creates the largest Indian cinema exhibition entity, with n...

  • Should IPOs be avoided altogether?

    We recently had a large surge in IPOs in the Indian markets, before the much awaited correction took the wind out of som...

  • Yield Curves explained – Is the US Yield Curve Pred...

    The US Fed started its monetary tightening journey, as expected by markets. Something interesting is the impact this dec...

  • Is P/E a flawed metric?

    HUL trades at a trailing Price to Earnings (PE) of 55. Titan – 99. Asian Paints – 92. DMart – 184. Jubilant Foodwo...

  • Oil at USD 120 – What next?

    Oil prices (Brent) have spiked to above USD 118 per barrel at the time of writing this....

  • LIC IPO Countdown begins + Risk just got real

    Risk just got real this week. Risk that is considered tail risk, and cannot be predicted...

  • Tata Steel’s Resurgence + A chance to win an Amazon...

    Steel is a very tricky business. The revenues are dependent on what global steel prices are, and the inputs costs are mo...

  • What’s spooking the financial markets?

    Last week was one with hectic developments in global markets. First up, US reported inflation at 7.5%, higher than expec...

  • How big is Adani Green + Budget Review by FinShiksha

    We ran a short poll a few days back, asking which of the following companies have the highest market capitalization, and...

  • What to expect from the Union Budget 2022?

    So, the Union Budget is coming in the next week. What are the major expectations from this budget? We will try and discu...

  • What is attrition in the IT industry pointing at?

    We have recently seen results of IT majors in India, with most IT companies showing higher attrition numbers. What is th...

  • Demographic Challenges for India

    We all know what India’s demographic dividend is. From 2015 to 2050, it is expected that at all points, 60% of Indians...

  • How does one become good at Financial Analysis

    There are no shortcuts here. While blogs, books, videos, courses help you take the first steps & guide towards the proce...

  • New beginnings, in the New Year!

    We are reaching out to you via a new medium today. As 2022 starts, we are super excited to connect with you through this...