Dilip Davda: SME IPOs Show Cracks, But NSE and Jio Are the Big Ones to Watch
By Dilip Davda Last week gave us a good sense of just how split this market has become. The secondary market marked its second straight negative week, and many expected that to put some brakes on the primary market. It hasn’t. If anything, the primary market is going unabated higher,Continue Reading
The Dollar Is Behaving Differently. Gold Is the Beneficiary. Here Is What Explains Both
A new kind of global capital recycling is underway, anchored on Nasdaq rather than US Treasuries — and if the AI boom falters, the consequences could be unlike anything markets have seen before. Nuvama’s macro team breaks it down. Something unusual is happening in global financial markets — and mostContinue Reading
This Company Has the Highest Margins and Returns in Indian CDMO.
40% EBITDA margins, 25% ROCE, 14 commercialised molecules with blockbuster end-markets, and fermentation-based peptide capabilities that few peers globally can match The Indian contract research and development manufacturing organisation space has attracted enormous investor attention over the last several years — and for good reason. India’s combination of scientificContinue Reading
This IPO Just Listed. The Company Behind It Holds 70% of India’s E-2W Wiring Harness Market.
41% share in 2/3W wiring harness, 70% in E-2/3W, battery packs and sensors growing at 49% CAGR, PAT CAGR of 31% to FY29 E-2W penetration hit 11% in July 2026 and grew 81% year-on-year in the first four months of FY27, and Dhoot is the company most directly positioned toContinue Reading
India’s Power T&D Boom Is Peaking. The Next Capital Goods Trade Is Already Beginning
HV T&D ordering plateauing after stellar execution, private capex recovery gaining momentum across data centres, metals and O&G The capital goods and engineering sector in India has been one of the strongest performers in the market over the last two years — and Q1FY27 confirms that the executionContinue Reading
This Company Is Adding 46 Million Tonnes of Capacity, and Launch Wires and Cables
9% volume CAGR through FY28, Rs 120 per tonne of efficiency gains unlocking, green power reaching 55% in FY27 and a wires and cables business launching in Q3 India’s largest cement company rarely generates surprise — it is too large, too well-covered and too consistently executing to spring many shocks.Continue Reading
This Company’s Options Market Has Doubled in a Year
FPI access to deliverable bullion and metals contracts proposed, index derivatives on commodities coming, margin requirements easing Commodity derivatives markets in India have a structural problem that has suppressed volumes relative to equity derivatives for years — a narrow participant base, limited product breadth and high margin requirements that raiseContinue Reading
The CV Business Has Outperformed Industry Volumes for Four Straight Quarters
HCV product upgrades delivering market share gains, LCV expanding addressable market, EV penetration in SCVs at 10% and rising Commercial vehicle markets are rarely exciting. They follow freight cycles, infrastructure spending and fuel economics — and they reward patient, disciplined investors rather than momentum traders. Tata Motors’ commercial vehicle businessContinue Reading
Tempsens Instruments (India) Ltd IPO: GMP, Valuations, Price, And What You Should Know
India’s largest temperature sensor maker opens its Rs 650 crore mainboard issue on August 20 — a rare backward-integrated moat business with no listed peer India’s largest contact and non-contact temperature sensor manufacturer plans to raise Rs 650 crore via a mainboard listing on BSE and NSE. Tempsens Instruments (India)Continue Reading
Dhanwel Hybrid Seeds Ltd SME IPO: What You Should Know
A Jamnagar-based seed manufacturer closes its Rs 26.73 crore BSE SME issue at Rs 95–99 — a relaunch after a withdrawn June attempt, an eye-catching FY26 profit jump A seed manufacturing and marketing company engaged in developing, multiplying, processing and supplying seeds for field crops and vegetables raised Rs 26.73Continue Reading