India - Dark Times
India is not technically in recession – defined as two back-to-back quarters of negative growth- and it plausible that one might be narrowly...
425 Views
Edelweiss Financial Services – Better, But Still Bad
*Dreadful Bottom-line Continues: Edelweiss Financial Services (EDEL.IN) [Edelweiss] reported a consolidated loss of INR 2.6 bn (post minority...
467 Views
Reserve Bank of India – Ooops We Did It Again
* RBI Failure To Think Through Moratorium Lands Them In Court. On September 3, 2020, the Supreme Court of India held a hearing on interest rate...
321 Views
India: Economy Recovering, but Valuations Are Stretched as Covid Hits EPS Growth
With valuations soaring to all-time highs (as EPS slumped and real GDP likely declined 15-20% YoY amid Covid), we recommend taking profit on the...
388 Views
Shriram Transport Finance – Significant Reserve Shortfall
*Better Stated Results Not All What Cracked Up To Be: Shriram Transport Finance (SHTF.IN) [Shriram] reported FY 1Q21 results of INR 3.2 bn,...
417 Views