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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 ...

Adani Enterprises: What Happened Before 9:49AM Yesterday?

We all know that there was a major demerger in Adani Enterprises yesterday. This involved shareholders getting shares of other companies, and the price of ...

Nifty Companies Aggregate Profits Have Fallen 21% Even If You Ignore The Mammoth Loss By Sterlite

Nifty results continue to be HORRIBLE. I can’t even begin to tell you how bad the situation is, but see this today. Three Nifty companies announced ...

Suckered: Globus Spirits Converts Loss to Profit by Creative Accounting

A tweet by @_devesh_ brought this genius tidbit yesterday, from the Q4 2015 results of Globus Spirits :   It ...

Interviewed at ET Now: On Splitting Airtel, The Upgrade of Persistent Systems and The Bank EPS Push

I was interviewed on ET Now Today, and here are the snippets. Plus, clarifications Splitting Airtel’s business a good idea, but may hurt Indian ...

Rubber Prices Inch Up From Five Year Lows, Tyre Makers Will See Pressure on Margins

Rubber prices are going up. And it’s causing some tension. The tyre industry is worried, says ET, about prices rising after a year of record low prices. ...

Infy: The Impact of Results on the Stock In The Past

As we approach Infy Results, we see that markets have been relatively benign about the company in recent times. While the stock shot up over 5% in Jan (after ...

Who Bought Those SunPharma Shares?

After that insane 20,000 cr. volume in Sun Pharma yesterday as Daiichi sold a whopping Rs. 20,000 cr.  worth shares, who really bought them? Turns out the ...

Daiichi Loses 20% on Selling Its Stake in Sun Pharma; Larger Questions on Market Liquidity Too

Sun Pharma has fallen 10% to 940 as Daiichi prepares to sell its stake of 214 million shares, on the stock exchanges. Daiichi acquired Ranbaxy at the price of ...

Reliance Mar 2015 Results in Charts: Massive Revenue Drop, High GRMs Give Profit Growth

Reliance Industries has announced kinda sorta okay results. Revenues are down 33% in the quarter to 70,000 cr. but profits are up, because their costs have ...