Research, in plain words.
Sector deep-dives and notes on Indian equities — the thinking behind the research, shared openly.
Three Semiconductor Companies, One Cash Flow Question
Kaynes, Sahasra and Aimtron all reported FY26 profits — yet their operating cash flows were negative. Receivable days, inventory days and the profit-to-cash gap tell the real story.
India's Power Capex Cycle: 4 Stocks That Reported Strong Q1 FY27 Profit Growth
India's power sector is entering a major investment cycle. Marine Electricals, TD Power Systems, Advait Energy Transitions and Modison all reported strong Q1 FY27 profit growth — but what is driving each result is the more interesting question.
UltraTech Just Entered Wires. Here's Which Companies Should Actually Worry
UltraTech's Ultravolt is entering low-tension wires and cables. Which incumbents have the most direct exposure, and what protects the rest of their businesses?
Suzlon Energy: The Wind Energy Boom and Its Warning Signs (2005 to 2008)
How Suzlon rode the global wind-energy wave—and what investors could have noticed as debt, margin pressure and product-quality concerns began to build.
India's Precision Engineering Boom
Five listed precision engineering companies are riding the same aerospace, defence and industrial wave. Is the market big enough for all of them to grow into?