This Sunday was marathon day in Mumbai. Typically held on the third Sunday of January, the Mumbai marathon is India’s flagship marathon. Over 60,000 people participated in the today. The Tata Group, jointly with TCS, became the title sponsor of the Mumbai marathon in 2018, which had the Standard Chartered…
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Is Rashi Peripherals, among the largest IT distributors in the country, missing a trick by not having entered the e-waste recycling business? Rashi’s market cap could well get overtaken in 2025 by a e-waste recycling company: Eco Recycling. See the table below. Rashi’s market cap at ~Rs 2800 crore while…
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Earlier this year, on 15th July, we wrote in a post titled ‘The Coming Paint Wars’ Asian Paints is likely to underperform for a considerable period. Since then, it has declared two quarterly results, for Q1 and Q2 FY25. After the Q2 results, which came out this Friday, the stock…
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Ratan Tata was from the Parsi community, which came to India several centuries ago, fleeing religious persecution in their homeland – Iran. Cut to the present. India has a thriving community of Parsis, while Iran has thriving religious persecution. How did it come to this? This is for the Iranian…
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At Wisdomsmith, we have been happy to see India’s two SME exchanges providing an avenue for SME entrepreneurs to raise equity capital. It is hard for most SME businesses that are not tech startups to raise venture capital funding. This week, Innomet Advanced Materials, a Hyderabad based SME company, will…
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The recently announced acquisition of the digital examination – called DEX for short – from NSEIT, a subsidiary of India’s leading exchange National Stock Exchange (NSE), could be a good deal for CL Educate shareholders. DEX conducts digital, multiple-choice type of exams. The tests are mainly of 2 types –…
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By making wild, reckless allegations against India’s securities regulator, and personal attacks on two top class professionals, Hindenburg’s true colours are exposed: its main goal is not financial research, but financial terrorism. Dhaval Buch has had a stellar professional career. An IIT Delhi grad, he worked for around two decades…
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Bulk deal data from the website of the National Stock Exchange of India (NSE) suggests Graviton Research Capital LLP could be India’s largest high frequency trading firm, and it seems to be doing extremely well. Some stats for the month between 21-06-2024 to 21-07-2024: Graviton accounted for 21% of bulk…
Read More The Indian paint industry is headed for a fascinating battle. The undisputed market leader, Asian Paints, is finally getting worthy challengers, who will seek to grab a share of the market cap owned by it. We think it won’t be just any battle, it will be a war on the…
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The share price of Sarthak Metals has come down to Rs 195 and is just 5% over its 52-week low. Sarthak’s share price movement contrasts with the overall market, which is at an all-time high. While there are valid reasons for stock price to have come down, current levels may…
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