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Stocks

CRISIL Buys Back Shares, Gives Them To Employees as ESOPs

You gotta admire the gall. CRISIL – the credit rating agency: decides to buy back shares at a max price of 1,000, for upto 80 cr. on 15 Dec 2011 By 30 ...
Charts & Analysis

Chart: Gujarat Lags AP, TN, Bihar in Per Capita Income Growth

The per-capita income growth in each state from 2004-05 to 2009-10 (data from RBI) brings out an interesting chart. You would have expected Gujarat to top the ...
Foundations

What D’ya Want: Fundamentals Or Technicals?

There is always an argument about whether it’s better to invest using fundamentals or technicals. Fundamentals are about the real deal – the analysis of ...
Charts & Analysis

Indian Outperformance In 2012 Is Under Threat (SA)

I have an article at Seeking Alpha about how India was the best performer in 2012 till recently, and why it will struggle to retain that position. Nearly every ...
Charts & Analysis

Chart: FCCB Redemptions in 2012

I’ve written about the upcoming FCCB problem, where a number of FCCB redemptions were coming around about now, and they were all so far under par that they ...
Charts & Analysis

February PMI at 57.6, Below Jan But High Enough

In what should be good news, the HSBC Markit Purchasing Manager’s Index (PMI) is at 57.6 in February, down from Jan’s 59.6 but still very strong. Above 50 ...
Charts & Analysis

Nifty Clocks 3.6% for Feb, Now Up 16.5% in 2012

Looking at the monthly returns table shows a fantastic Jan + Feb for the markets, the best since 1994. And we shouldn’t forget the Sensex either: While 1992, ...
Opinion

What We Left On The Table

I write on the “underrecoveries” in the last budget, at Yahoo. As the time closes in for the Budget in mid-March, the question on the mind of everyone is: ...
Commentary

Readings: DLF Overpriced, Greek Default, RE Losses

Subramoney on Losses in Real Estate Deals. (But success stories are equally incredulous. I have seen money doubled between a pre-construction purchase, waiting ...
Economy

Nifty Consolidated P/E is 16.16, Standalone is 19

Looking at Q3 figures (now that all data is in) we have a pretty interesting result on the Nifty P/E. If I use the exchange methodology, then the way to get ...