Stock charts performing Yoga asanas. A thread 🧵
1. Tata Teleservices is doing Parvatasana ⛰️
Mar 13, 2022 • 8 tweets • 2 min read
Russia controls ~17% of Nickel’s total supply & obviously with that amount of supply going out of system, one would assume prices to rise
But someone expected prices to fall!
A🧵on how the 2.3x surge in Nickel prices was triggered by a short trade & not due to supply crunch
What happened exactly?
A Chinese tycoon "Xiang Guangda" who owns the Tsingshan Group, the largest nickel mining group in China had placed huge short bets on London Metal Exchange (LME), expecting the nickel prices would fall.
We wonder why he held that view👀
Feb 23, 2022 • 14 tweets • 5 min read
Markets have been choppy, but that should not deter a serious investor.
10 reasons why one should not panic and go long on India - a thread 🧵
1. Balance Sheets stronger-than-ever:
India’s corporate health is the strongest in a long time - deleveraging seen across Commodity, Textiles, Utilities which were pained by years of debt.
Corporate confidence is high due to high net cash position & increasing opportunities.
Jan 24, 2022 • 14 tweets • 4 min read
We got a meme fest going on Multipie. Grab a cup of coffee. Time for a thread 🧵:P
Retail investors today 👇
Meanwhile Fixed Deposit to investors:
Jan 21, 2022 • 14 tweets • 5 min read
“We will no longer be doing this as Grofers — we'll be doing it as Blinkit”.
Next - Zepto built by two 19 year-olds gets valued at over $500 MN in a year.
What is so appealing about quick-commerce that even giants like Reliance, Tata, Amazon and Zomato want a pie?
A thread 🧵
As per Redseer, Indian grocery market is expected to grow at 6% p.a to $ 1 TN by 2025.
Online grocery market is expected to grow at 50%+ from $3.8 BN to $30 BN.
And the focus area Q-commerce or 10 min delivery is expected to grow the fastest (10-15x) to $5 BN.
Jan 18, 2022 • 18 tweets • 6 min read
Kitchenware is becoming a “fashion quotient & an approach to showcase household’s lifestyle”!
Value migration is happening from steel to opal-ware in the crockery segment.
A 🧵on opalware industry, growth drivers, profit pool breakup & cap. expansion by Borosil & La Opala 1/n
Global opalware industry is dominated by North America & Europe due to high purchasing power & no. of restaurants.
Currently, countries like China & India are well poised to see fast industry growth because of increasing per capita income rising & discretionary spending 2/n
Jan 10, 2022 • 11 tweets • 5 min read
A large part of investing is envisioning the future. And the future is often unpredictable.
Here are some "outrageous" predictions for 2022 by a global fund house. These may not play out, but they give a good perspective on the ever-changing global economy. And a fun read.
The key theme is "Revolution". A culture war is raging and the polarization is visible:
Centralized vs decentralized
Fossil fuels vs green energy
Traditional education vs alternatives
Free markets vs government intervention
Buy-backs vs R&D spending
and a lot more..
Jan 3, 2022 • 17 tweets • 7 min read
Electrification of vehicles in India is the most debatable topic. In an EV- components like battery, cells & powertrain have a major role to play as it constitutes ~60% of total cost
A🧵on understanding of EV components, initiatives taken & some interesting cos to look at:
Industry value chain:
Co’s are engaged in either manufacturing Lithium-Ion (Lion) cells/Cell assembly/Battery management system(BMS) or Motors & controllers segments.
- Lion acts as raw material for batteries
-BMS & Motors-controllers regulate optimal use of residual energy 2/n
Dec 27, 2021 • 11 tweets • 4 min read
Indian mattress exports are gaining prominence in US and European markets.
But first - here is a map of the $19 BN export-import of mattresses globally (2019). China exports ~half of all. US+Europe import 60%.
That's changing since the last year. 🧵 1/n
Part 1: Domestic (moderate)
~70% of Indian mattress market is unorganized. Not surprising as mattress brand is not a priority for many and there aren't any capex barriers for manufacturing.
Plus, GST hasn't really caused a rapid shift towards the formal/ organized industry.
Dec 25, 2021 • 8 tweets • 4 min read
Insights on the Indian API, Formulation and CRAMS via a recent report from o3 Capital.
Tailwinds (China+1): 10% market share switch from China can double Indian API market.
Headwinds: Rising input costs in China due to power outage + freight hike. India has high dependency. 1/n 2/n Indian API landscape
Scale, capacity, DMF filings, focus segments/ therapy areas and leading products.
Decent correction in recent Tech listings in India.
We visited Motilal Oswal’s Wealth Creation Study in Digital Era - and sharing ket learnings & success traits, learnings from global models and possible winners in India.
1/n2/n Let’s start with how wealth is going to be created in the coming years.
The report claims that value is migrating from atoms (businesses dealing in physical matter) to bits (businesses that are digital in nature) across the globe.
Dec 19, 2021 • 6 tweets • 2 min read
Hello everyone👋Last week, ITC hosted its 1st ever investor call, but didn't include what existing shareholders wanted to hear- Concrete demerger plans.
A 🧵on- "Will the apparent value unlocking opportunity in ITC, really unlock value"?
First, look at ITC's segment wise contribution in total sales & EBIT:
- Cig. sales consistently declining since the last ~7 yrs.
-Rev. contribution of ex-cigarette segments is significant but the EBIT contribution is not material.
Dec 15, 2021 • 19 tweets • 6 min read
QSR chain market has been the largest contributor in terms of profitability to the overall Indian food services sector & has been growing at a flourishing 18% CAGR compared to 8% CAGR of industry in last 6 years.
A 🧵on one of the top QSR players Devyani International Ltd (DIL)
Devyani has stores of KFC, Pizza Hut & Costa coffee in its Core brand category which contributes 58%, 25% & 2% to the total revenues of the company.
Non-core brand category includes few international & other brands like Vaango, Food Street etc.
Dec 7, 2021 • 21 tweets • 8 min read
Imagine leaving a high-flying career in US and returning to India to build software. In the 90s. Building digital maps for a complicated nation when no one uses them. Competing with Google. Almost winding up a few times. Finally succeeding.
A thread on MapmyIndia (MMI).
1/n2/n Maps are synonymous with Google Maps, so what’s special about MMI?
For one, they chose their battles carefully. When Google Maps entered India in 2005, MMI made a choice - to focus on the enterprise segment (B2B and B2B2C) instead of taking on the tech giant & burning cash.
Nov 19, 2021 • 12 tweets • 3 min read
In an address today at 9 AM, the prime minister repealed the three farm laws that have long been a subject of political debate.
A thread explaining what were the three laws and what were the proposed changes and pros/ cons.
Note: Pls. avoid political comments here.
1/n2/n Agriculture is the backbone of rural economy - supports ~70% of rural households. However, far from efficient - crop yields lower by 30-40% vs global standards (lower output per acre), only 45% of sown area is irrigated & agri-capex has remained dismal at 2.2-2.3% of GDP.
Nov 13, 2021 • 14 tweets • 5 min read
CLSA Global has published a big sell report on Indian equities - "On borrowed time. Ten reasons to book profits on India." The report has been published by their Chief Equity strategist for Emerging markets.
We are highlighting their rationale for the community.
Thread 1/n 2/ India has delivered the highest returns amongst Asian peers: 147% since March 2020 lows (29% in CY 2021 YTD).
Ex-Asia, it has been outpaced only by the net energy exporters of Saudi Arabia, UAE, Russia and Kuwait, which gain from rise in energy prices.
Oct 9, 2021 • 32 tweets • 12 min read
There are over 60+ upcoming IPOs over the next one month. Brief details on each company in thread🧵below.
Retweet ones you are excited about! Comment for more details.
1/n 👇 1. Paradeep Phosphates
#⃣ 3rd largest private sector maker & distributor of non-urea fertilizers in India
#⃣ 2nd largest in DAP volume sales as of Mar'21
#⃣ Key brand: ‘Jai Kisaan - Navratna’
#⃣ 80.5% S/H with a JV of Zuari Agro
#⃣ Issue size: ₹ 1,255 cr
#⃣ Financials below