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India Loses The Sheen of Instant Market Gratification, But Midcaps Have Saved Us. Till Now.

Josh has an excellent post at The Reformed Broker: The Positive Feedback Loop is Broken. In an uptrending market, investors are conditioned to hold onto their ...

Suckered: Castex Goes From 40 to 360, and Since Then, No Buyers.

So there’s this stock called Castex Technologies. Let me introduce you to this chart:   The stock rose from Rs. 40 to Rs. 360 and then, it’s ...

Syngene IPO: A Very Dull Analysis

Syngene has an IPO coming up, here’s the detail: Offer: 2.2 crore shares Price: Rs. 240 to Rs. 250 Size: Around Rs. 500 cr. From: 27th July to 29th July ...

JP Associates Gets a “Near Default” tag by CARE, Loans of Over 22,000 cr. at Stake

CARE has downgraded JP Associates‘ rating to D, which means that according to CARE they are in default, or very likely to default. What they say: The ...

Infy: Jun 2015 Quarter Results Show Terrible Profit Growth Even Though Revenues Pick Up

Infy results had come out yesterday and we do a chart thing with them: Revenues up 7.03% : The Only Good Thing About Results Profits are up 5% yoy but down 2% ...

Cloud Services Eat Up Indian IT Outsourcing Earnings

I’ve been bearish on IT in the longer term, and in a long post I explain why I think we are at an inflexion point for Indian IT. Over the last quarter, ...

Video: What are your Biggest Losers?

Recently we did a fantastic video with @b50 on “Biggest Losers”. To those who don’t know, Anupam, who’s @b50 on twitter, spearheaded a ...

Why is FIPB Rejecting the Request for the Strides-Shasun Merger?

So Strides Arcolab was going to merge with Shasun. This merger was cleared by shareholders. Then it was cleared by the Competition Commission. And ...

Vedanta to Merge With Cairn, Gets Hands on Cash, Takes Retro-Tax Risk

Cairn and Vedanta will merge soon, says a Vedanta Board Meeting note, where Cairn shareholders will get: One share of Vedanta for a share of Cairn A preference ...

JustDial Will Buy Back at 1550 per Share, But Just 2-3% of Shares Will Be Bought

JustDial recently decided to buy back shares. They have a reasonable amount of cash on the books, and they will be using about Rs. 170 cr. of that money to buy ...