Difference between ordinary equity and DVR shares
Ever wondered why there are two tickers (stock codes) for Tata Motors on the major Indian stock exchanges? Both trade at different stock prices. But what are DVR Shares? If you had to guess, you might...
View ArticleMarkets after FY2018: Bull or Bear
FY2018 was an ok year for Indian markets. The statement seems strange given what has been happening since late January. In spite of the correction over the last two months, we still ended the year up...
View ArticleIndia Markets in Numbers – Top sectors by Market Capitalisation
This is the first in a series of short data-centric posts on the universe of publicly listed companies in India. The data spans 10 years of financial performance of over 1,700 companies listed on the...
View ArticleHow to Get Lucky
It isn’t enough just to be good. You’ve got to be lucky, too. This is the central premise of Max Gunther’s book “How to get lucky”. I first came across this author when reading “The Zurich Axioms“, a...
View ArticleIndia Market Cap Growth: 2008 to 2018
Continuing the #indiamarketnumbers series on data-centric posts on the India Market. India Market Cap Growth: 2008 to 2018 Chart shows total India Market Cap from 2008 to 2018 with the year-on-year %...
View ArticleIndia’s top sectors over the years
India Sector Market Cap Rankings Graphic shows sectors that have been in the top 10 sectors by aggregate market capitalisation in India over the last ten years. Top 10 rows in the table correspond to...
View ArticleIndia Sector Sales Growth
India Sector Sales Growth Chart shows aggregate Sales Growth by sector from 2008 to 2017, ordered by top 40 sectors by Sales in FY17. The growth columns show compounded growth rates broken into two...
View ArticleBeating the Street
I learnt a while ago, when reading non-fiction books, it’s important to mentally separate the content into what’s interesting because it’s entertaining and what’s interesting because it has underlying...
View ArticleThe most profitable industries in India
If you were to guess which are the most profitable industries in India on a PBITDA basis, what would your top 3 guesses be? How about the least profitable industries? Chances are you didn’t guess...
View ArticleFundamental Analysis Tools for Investors in India
In the course of finding the most time-efficient way of analyzing companies shortlisted for investment, I’ve come across various tools available to Indian investors. This post compiles a list of some...
View ArticleDebt in Indian Companies
How much debt have Indian companies taken on over the last few years? Chart shows the aggregate debt on the balance sheets of listed Indian companies from 2008 to 2017. Note this is from a sample of ~...
View ArticleHow to evaluate an investor
Supreme Industries, Cera Sanitaryware, Page Industries, HEG India, Thirumalai Chemicals, APL Apollo Tubes… We see/hear about them all the time. On Twitter, in blog posts and in conversations. Investors...
View ArticleThe curious case of HUL and how the markets play favourites
Hindustan Unilever just posted its results for the quarter ending March 2018. A healthy 14% year-on-year increase in net profit mostly attributable to a poor base quarter. HUL stock price promptly went...
View ArticleHow to fail at almost everything and still win big
How to fail at almost everything and still win big “I find it helpful to see the world as a slot machine that doesn’t ask you to put money in. All it asks is your time, focus, and energy to pull the...
View ArticleLet’s talk investing with Gautam Chhugani
This is the first post in a new series I’m calling the ‘let’s talk investing‘ series. In this series, I’ll write about my conversations with investment practitioners, people who have real-world...
View ArticleCurate or Create?
Should you curate or create? twitter is a great medium for discovery of valuable resources. Someone I follow retweets something that leads me to discover high-value content I did not know existed. The...
View ArticleBharat 22 ETF FFO – Should you Invest?
Bharat 22 ETF opened its FFO (Further Fund Offer) starting June 19th, 2018 for anchor investors followed by other investors from June 20th to 22nd. link Wait, Back up a little. ETF? Bharat22? FFO? And...
View ArticleDoes sector-picking trump stock-picking?
What do Agrochemicals, Food Products and Household Appliances have in common? What do Telecom Services, Oil Exploration & Production and Electric Utilities have in common? The first set is three of...
View ArticleNobody knows Anything
Markets have been falling across the board. Some indices more than others. Auditor resignations, Additional Surveillance Measures, Trade wars, Oil prices, the list goes on… The live tracker of stock...
View ArticleLet’s talk investing with Raunak Onkar
This is the next post in the ‘Let’s talk investing‘ series. In this series, I write about my conversations with investment practitioners, people with real-world investment decision-making experience....
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