We entered 2022 on a cautiously optimistic note, hoping for a safe navigation through the latest Covid (Omicron) variant. From a market perspective, there were a few rounds of selloff mainly triggered on account of a hawkish narrative from the US Fed. Their decision to...
The first wave of Covid-19 in the 2020 pandemic led to the nationwide lockdown which took jobs and livelihoods of many. India was among the emerging economies that saw the sharpest decline in the GDP growth rate. According to a report by Pew research, people with...
Does Gruh – Bandhan merger provides any arbitrage opportunity? Synopsis We believe that at current market prices, there is still a merger arbitrage that is available for the investors of Gruh, translating into a pre-tax return of 10.8%. Also, it provides an opportunity to invest in a...
Can Hero MotoCorp be a Hero? Hero MotoCorp has lost ~36% from its 52-week high and ~43% from its lifetime high in August 2017. Does investing in Hero make sense? We examine this question below: 1) Is Hero MotoCorp a good company? Hero MotoCorp is an established company...
The Jet airways surge of 122% in a single day had grabbed many eyeballs by surprise. When the debt-laden airway was in news for all the efforts to stay afloat, a sudden spike in share price posting an intraday gain of 122% was making headlines....
Background: • Ashiana Housing is a relatively small Real Estate company operating primarily out of Rajasthan, with a presence in other parts of India. The company’s project mainly includes comfort homes, senior living, care homes, and retail project. The company has a strong vintage of over...