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Jan 16, 2022 • 18 tweets • 6 min read
Let's try to decode the Sri Lankan Economic Crisis.
🧵
SL is a Strategically located island in the Indian Ocean with 2 Cr population. Majorly an import driven economy.
Some stats-
-Tourism contributes 10% of total GDP (badly affected by the covid)
-SL Debt to GDP- 80%
-Total o/s Debt of around $51bn
Jan 23, 2021 • 22 tweets • 9 min read
A thread on my understanding of #IEX Indian Energy Exchange
IEX - The Power Exchange Platform
Debt Free, Monopolistic Business, High ROE, High ROCE business with Asset Light business model available at a Mcap of 7000Cr.
Jan 12, 2021 • 10 tweets • 7 min read
Despite DII selling since Sept 2020, markets have continued to move up due to continued FII participation.
Demand recovery is still uncertain and uneven. Complete opening up of economy leads to the risk of a second wave.
Feb 28, 2020 • 11 tweets • 7 min read
Very strong results from Rain Industries.
Drastic fall in raw material cost.
Pat up 100% yoy #Rainindustries Posted solid set of numbers recently.
Inverse H&S Pattern playing out.
Possible targets mentioned in the chart.