The Great Indian IPO Pile-Up: 200 Companies Waiting in the Wings, but the Market Isn’t Playing Ball
India’s Rs 2 lakh+ crore IPO pipeline faces a reality check as Sensex loses 3,000 points in nine days Two hundred companies. Over Rs 2 lakh crore in combined fundraising ambitions. Another 100-odd awaiting clearance for nearly Rs 1.4 lakh crore more. An unprecedented 244 draft red herring prospectuses wereContinue Reading
This Lagging Stock in Consumer Discretionary Just Delivered a Good Quarter
There is a particular kind of market injustice reserved for companies that do everything right at the wrong time. Jubilant Foodworks — the company that runs Domino’s Pizza in India and a growing international portfolio — just delivered a quarter that answered every question bears had been asking. Like-for-likeContinue Reading
Mahindra’s SUV’s, Tractors and EVs – Every Engine Fired, Can the Momentum Hold?
A blockbuster Q3 built on SUV dominance, a farm equipment supercycle and an EV business inching toward viability. Capacity expansion is the next act — and the one that matters most. There are quarters that confirm a thesis, and then there are quarters that make you wonder if the thesisContinue Reading
Hindalco’s Aluminium Shine Is Real, but Novelis Is Another Story
India’s largest aluminium producer delivered solid domestic numbers. The problem is its American subsidiary is not firing on all cylinders, and the debt pile is getting harder to ignore. Hindalco Industries has a tale-of-two-cities problem. The India business is humming along nicely, riding a strong London Metal Exchange price cycleContinue Reading
Indian Hotels Is Building an Empire, but the Market Wants Proof Now
IHCL’s Q3 numbers were fine. The real story is whether its aggressive asset-light expansion can keep the premium valuation alive as room rates show signs of peaking. The trouble with running India’s most iconic hotel brand is that everyone expects magic every quarter. Indian Hotels Company Limited delivered a perfectlyContinue Reading
Nifty IT Extends Decline: Down 4% as Sector May Face Structural Repricing
The Nifty IT Index fell another 4 percent in morning trade Wednesday, closing at 33,583—a level that marks a deep 11 percent decline in CY2026 alone. What started as isolated selloffs around AI announcements has hardened into a sustained downtrend, its apparent, with each relief rally failing to reclaim lostContinue Reading
Titan’s Gold-Fuelled Demand Is Shining, But Is That Enough?
India’s largest jewellery company posted a good quarter riding the gold price surge, yet there is a genuine dilemma about what happens when the glitter fades When gold prices are rising relentlessly, it is easy to mistake a tailwind for great execution. Titan Company’s Q3FY26 numbers are decent by anyContinue Reading
Ashok Leyland Is Firing on All Cylinders — The Question Is How Much The Market Has Priced In
India’s second-largest commercial vehicle maker posted a quarter that beat expectations across the board, but with the stock’s upside hinges on whether the recovery has legs beyond the next two quarters There are quarters that confirm a thesis, and then there are quarters that make you wonder if the marketContinue Reading
Indian Investors Are Rolling On — And Loading Up on Gold
Mutual fund flows stayed resilient in January even as equity markets wobbled, but the real story is the record rush into gold and silver ETFs that signals a subtle shift in how India save In January, equity markets corrected sharply amid a global risk-off wave. Foreign investors pulled money out.Continue Reading
Jubilant Foodworks Delivers the Goods, But the Street Can’t Agree on the Price
India’s largest pizza chain posted its strongest margin quarter in recent memory, yet the stock remains caught between those who see a turnaround and those who think the valuation still asks too much In a consumer economy where quick-service restaurant chains have spent the better part of two years complainingContinue Reading