Analyses covering the investment sector in India
Macro Update: WPI, CPI & GDP
The world has dealt with one of the worst periods of inflation over the last 2 years. India too has been tightening interest rates - how has this affected India's economy? Has inflation come down in India? These are some of the questions we've tried to address.
Apr 16, 2023 Wealth
US banking ecosystem: Crisis on the way?
The recent collapses of SVB and Signature bank created massive panic among depositors and investors in the US. In this story, we address what needs to happen for other banks to be forced to book losses on their security portfolios, and what the triggers are and how much cushion US banks have.
Apr 01, 2023 Banking Wealth
FY24 Budget special: A look at India's P&L
Budget special, but not the traditional coverage on direct tax slabs or with personal finance advice. This week, we're talking about India's financial position - how we earn and where we spend. Also, we highlight two interesting trends - one each on our earnings and our expenditures.
Feb 05, 2023 Wealth
IT sector: MAAMA, funding winter, COVID & more [Guest Post #3]
Sandeep Puri, our resident guest author dissects the Indian IT sector's Q1 earnings and also makes an interesting assessment of where the sector might be headed.
Aug 06, 2022 Wealth
CDSL: the lesser-known stock market monopoly
The total number of demat accounts in India have more than doubled in the last 3 years. Depositories have significantly benefitted from this boom. There are only two depositories in India - CDSL and NSDL.
Jul 23, 2022 Wealth
Edelweiss's 300 crore NCD: Good investment?
Edelweiss Broking Limited (EBL), the brokerage arm of the Edelweiss group, is tapping into public debt markets to raise 300 crores via an NCD issue. The issue opened on 5th July and is already 1.84x subscribed
Jul 09, 2022 Wealth
Why is the US yield curve spooking investors?
Jun 18, 2022 Lending Wealth
AMC shares - bad bet in a booming industry!
All 4 listed AMC stocks have under-performed the broader market over the last 2 years. What makes this interesting is the fact that this has happened in a period when overall mutual fund inflows have increased by ~60% and equity fund inflows have almost doubled!
May 21, 2022 Earnings Wealth
Buying a home? Consider HFCs instead?
Aadhar Housing Finance Limited (AHF) - a housing finance company (HFC) - filed an addendum to its DRHP with SEBI earlier this month. AHF is the largest HFC focused on low income housing.
Apr 24, 2022 Lending Wealth
Demographic dividend: India at the crossroads
Much has been said about India’s upcoming demographic dividend and how it can make us a powerful player in the global economy. It has also been mentioned ad nauseum that this is a make-or-break opportunity for India.
Apr 16, 2022 Wealth
Hedging the gold hedge: Recession-proofing your portfolio
The most popular way of hedging against recessions is gold. But we'd like to explore a hedging strategy that's even more powerful - it revolves around gold but capitalizes on the fact that demand for gold loans go up during a recession.
Apr 02, 2022 Wealth
Valuing Bansal 2.0's fintech challenger: Navi
Sachin Bansal-promoted Navi Technologies Limited (Navi) filed its DRHP with SEBI on 10th March 2022. Navi (short for Navigate) is building a one-stop-shop financial services company that aims to provide disruptive and seamless digital experiences to its customers
Mar 26, 2022 Lending Insurance Wealth
Beyond the scams: The NSE business model
The National Stock Exchange of India (NSE) has been in the news for all the wrong reasons. First the co-location scam, which de-railed NSE's 2016 IPO filing with SEBI; and now a scam involving a CEO and an unnamed Himalayan Yogi - bizarre to say the least.
Mar 05, 2022 Wealth
Humans, Robots & Wealth Management
Anand Rathi Wealth Limited IPO'd last month - the company is one of the largest non-bank wealth management solutions providers in India. Post IPO'ing, the company released their first ever quarterly results last week as a publicly listed company. Their Q3 performance was stellar
Jan 15, 2022 Wealth
Q2FY'22 : Part IV Earnings - AMC + HDFCs declining market share
In the last of our four-part earnings series analyses, we close with a look at AMCs (Asset Management Companies) i.e. Mutual Fund houses. While there are 44 AMCs in India, only 4 are publicly listed. Our analysis this week covers three of these - HDFC, UTI and Aditya Birla Sun Life.
Nov 18, 2021 Wealth Earnings