By Dilip Davda After a long run of losing weeks, the market has finally given some relief. The week started on a negative note and moved both ways. It still closed with a good weekly gain, which belied the fears of a nervous week. Jio’s debut brings cheers The bigContinue Reading
By Dilip Davda It was a clean sweep of negative sessions for the secondary market, but the primary market had a very different week. India’s biggest IPO, Jio Platforms, came, was subscribed and closed. The Sensex and Nifty slid, and many operators believe the two are connected. A losing weekContinue Reading
One Indian coffee major has delivered a quarter where the volume and margin story is doing more work than the headline topline suggests The Indian coffee and specialty FMCG space has had an uneven two years. Green coffee price volatility has pressured realisations across the category, customer contract durations haveContinue Reading
One of India’s largest FMCG franchises has delivered a quarter that materially outperformed the broader staples category. The Indian FMCG space has been through a difficult 18 months. Rural demand recovery has been uneven, urban discretionary spending has moderated, and commodity cost volatility across cocoa, milk and sugar has pressuredContinue Reading
A record FY26 revenue of approximately $1 billion. A beauty segment compounding at 27%+ for three straight years. The Indian online retail space has had an uneven two years. Post-listing euphoria faded through 2024 and much of 2025 as fashion and discretionary categories faced margin pressure, high return rates andContinue Reading
By Dilip Davda The secondary market surprised one and all with a sharp pullback rally, its second positive week in a row. The Sensex gained 2,257 points and the Nifty 626 points. Both benchmarks ended at respectable levels: the Sensex at 74,729 and the Nifty at 23,146. Monday began withContinue Reading
A share price down 23 per cent this calendar year. A Q2 FY27 topline hit by a 250-350 basis point festive calendar shift. Store additions running well below the earlier triple-digit annual outlook. The Indian footwear and specialty retail space has been one of the harder segments for retail investorsContinue Reading
An order backlog at an all-time high of Rs 16.3 billion. Exports growing 30.6% year-on-year. EBITDA margin expanding 142 basis points. The capital goods sector in India has been among the better-performing segments through 2026, but the gains have been concentrated in the usual large-cap names — L&T, Siemens, ABB.Continue Reading
A Q2 FY27 revenue print of ₹99 billion, up 53% year-on-year and 16% ahead of brokerage estimates. EBITDA up 40%. PAT up 44%. . The Indian wires and cables space has been one of the more interesting corners of the industrial complex through 2026. Domestic capex continues to pull volumesContinue Reading
An EBITDA margin print of 79.5% against 77.9% a year ago. Quarterly average AUM up 10% year-on-year to ₹9,691 billion. The Indian asset management industry has had a complicated 18 months. SIP flows have continued to grow, but equity AUM growth has been uneven as markets have corrected and debtContinue Reading
