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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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Traffic at a standstill in South Mumbai this Morning…New Era School Parents and Students lying on Hughes Road outside their School…I support them

What a Morning !…. Wife and I left residence at 9.30 am to go to Siddhi Vinayak Temple and St Anthony and Infant Jesus, like we do every Tuesday… we entered heavy Traffic on Peddar Road itself and right till Worli we saw the traffic piling up on the other side moving towards South Mumbai…. …

Traffic at a standstill in South Mumbai this Morning…New Era School Parents and Students lying on Hughes Road outside their School…I support them Read More »

Borrowing against Brands !…Interesting,but Risky area opening out !

For Years ,Brand Valuation has been part of my sessions on Valuation of Equity at BSE and Other Forums….so it was with great Interest that I read the Economic Times Front Page atricle today on ‘Cos flash brands to raise cash’ Strapped for cash,Kingfisher Airlines has managed to Borrow from State Bank of India against …

Borrowing against Brands !…Interesting,but Risky area opening out ! Read More »

You got to be Stock Selective at 15500 Sensex Levels…Markets again beginning to run ahead of Fundamentals

This is what I had blogged on October 27,2008 Some Pundits called Sensex of 12000 irrational…some saw irrationality at 10000…So what would they call 7500 ! ? …Begin to slide in now We saw the Sensex again collapse to 8000 levels in March 2009 after reviving from October end 2008 lows…Then we had the Elections and …

You got to be Stock Selective at 15500 Sensex Levels…Markets again beginning to run ahead of Fundamentals Read More »

Mahindra Hoilidays lists above Issue Price of Rs 300 on NSE today….stays and closes above too….but will it continue to stay above ? I continue to say ‘No’

Mahindra Holidays and Resorts India Ltd (MHRIL) was listed on NSE today….It was issued at Rs 300 and the Issue was comfortably oversubscribed A freak trade saw a High of Rs 374.50 and a low was registered of Rs 311.35…but it closed at Rs 313,towards the Day’s Low 12.74 Million shares were traded and the …

Mahindra Hoilidays lists above Issue Price of Rs 300 on NSE today….stays and closes above too….but will it continue to stay above ? I continue to say ‘No’ Read More »

Nusli Wadia’s Interview in Economic Times Today….Finding it difficult to let Go of the Past !

I have audited a Wadia Group Company and lived the 1980s and 1990s through the bitter rivalry between Nusli Wadia and Dhirubhai Ambani….so it was with some Interest that I read Nusli Wadia’s Article and Interview in today’s edition of the Economic Times…..Brought back some Memories He has chosen to be interviewed and communicate now after so many years..and amusingly he …

Nusli Wadia’s Interview in Economic Times Today….Finding it difficult to let Go of the Past ! Read More »

Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500

Infosys declared It’s Q1 FY 10 Results this morning…….as per IFRS……..as per Indian GAAP I don’t see any headwind in Infosys…I will be surprised if it climbs more from the current Rs 1750 levels….Infact I expect it to drop below Rs 1500…..Read on to understand my thought track  It has managed to show a little higher Basic EPS at …

Infosys manages to beat Earnings Expectations but only because it deferred Investments…I expect it to correct to below Rs 1500 Read More »

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