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value investing
Investment basics
N V Chandrachoodamani

What is value investing?

Value investing is often mistaken for buying โ€˜cheapโ€™ stocks. Therefore, you often simply look for a stock with a low PE ratio, or a low price to book value or with good dividend yield. These are easy ways to assess the relative value of a company. But value investing is not about buying companies that appear cheap based on these parameters. Value investing is a philosophy of buying a company at a price that is lower than its intrinsic value.

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rakesh jhunjhunwala, rakesh jhunjhunwala portfolio
Investment basics
N V Chandrachoodamani

Rakesh Jhunjhunwala Portfolio – 4 insightful takeaways

Rakesh Jhunjhunwala portfolio (listed) is easily accessible, since companies need to disclose large shareholders each quarter. But it is not that easy to build your investments based on it. The reasons why it is hard to replicate the portfolio and its success are many.

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steel stocks, steel sector results, sector review, steel sector results review
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N V Chandrachoodamani

Steel Stocks – Hot and Shining!

For the first quarter of FY-22 listed steel stocks have generated profits that are already three-fourth that of the full year ending FY-21. The sector has thus stood out for its June quarter earnings, the 2nd wave of Covid lockdown and drop in consumption notwithstanding. Higher prices and export opportunities buttressed earnings despite a drop in domestic sales.ย 

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glenmark life sciences, glenmark life sciences ipo, IPO review
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N V Chandrachoodamani

IPO Review: Glenmark Life Sciences โ€“ Should you invest?

Glenmark Life Sciences (GLS) is a generic API (Active Pharmaceutical Ingredients) manufacturer and a subsidiary of Glenmark Pharmaceuticals. The Glenmark Life Sciences IPO is worth Rs. 1,514 crore, comprising fresh issue of Rs.1,060 crore and an offer for sale worth Rs.454 crore by Glenmark Pharmaceuticals. Should you invest in the IPO of this high-value, non-commoditized API player?

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Annual Report, how to read an annual report
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N V Chandrachoodamani

How to read an annual report – the 6 valuable sections

A companyโ€™s Annual Report is a statutory document that contains material facts and information about the company. This makes it among the most reliable sources for information on a company. In this article, we will try to give examples of where in an annual report you can find information that is useful for your understanding of business and financials. This is an illustrative article and not an exhaustive one.

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Stock Recommendation : An engine maker with EV aspirations
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N V Chandrachoodamani

Stock Recommendation : An engine maker with EV aspirations

Mobility powered by electricity is fast becoming a reality. And one space that is expected to see accelerated adoption of electric vehicles is the basic commuter space, made up of 2- wheelers, particularly scooters. Scooters are mostly used for short commutes, their electric versions have a more affordable purchase price after FAME II (Faster Adoption and Manufacturing of EV) subsidy and they have lower running costs than petrol scooters. With almost 40 lakh scooters sold in India in a year, annual sales of 40,000 units for high-speed EV scooters look small. There is scope for faster adoption driven by basic commuting, e-commerce, and low speed mobility needs.

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a consolidation play in the commodity space
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N V Chandrachoodamani

Stock recommendation: A consolidation play in the commodity space

Last month, we reviewed a lesser-known a consolidation play in the commodity space play as a story fitting a โ€˜special situationsโ€™ theme. We now issue a โ€˜buyโ€™ call on this stock and recommend accumulating the stock in phases, preferably adding on dips, if opportunities arise.

Premium article available only to subscribers.

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India Pesticides Limited, IPO Review
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N V Chandrachoodamani

IPO Review: India Pesticides Limited

India Pesticides is launching an IPO totalling to Rs 800 crore โ€“ with fresh issue of shares worth Rs 100 crore and an offer for sale worth Rs 700 crore by the promoter group. At the upper end of the price band of Rs 290-296 the post-issue market cap of the stock on listing would be Rs3,400 crore and the post-issue price earnings ratio would be 25 times. The offer closes on June 25. The proceeds from fresh issues are planned to be utilised towards working capital requirement and other corporate purposes.

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Sona BLW Precision Forgings, IPO , Sona Comstar IPO Review
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N V Chandrachoodamani

IPO Review: Sona BLW Precision Forgings

Automotive components manufacturer Sona BLW Precision Forgings (Sona Comstar) has come out with an IPO totalling to Rs 5,550 crore โ€“ with fresh issue of

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