Navneet Education: off late I have picked good quantity of this one. I think market has yet to fully understand its business model which has strong brand power with relatively high entry barriers. Education publication is a great business worldwide so as in India. Education publishers are much bigger than other much talked about media companies. Like Pearson, McGraw Hill or Penguin are much bigger and profitable than AOL or The New York times although Pearson is battling with slowdown in USA. But Indian education market is very small and dominated by huge number of small regional publishers. The Indian…

Last day one reader put a query on Eros International Media and asked me to further my views as it was recommended at this blog also (Click here). First of all i am really sorry for not posting an update on Eros after the news breakout of its doubtful accounting practices in its International parent Eros Plc as i exited from it around 200 (My avg was 140) soon after the news after some analysis. I sold some of my shares around 425 before the news breakout ( It touched 600 after that) as i was getting doubtful due to…

BSE has become the world’s fastest Stock Exchange with an order response time of 6 microseconds and the largest exchange in the world in terms of number of companies listed. It is the first Asian Stock exchange dating back to 1875. These are the things which shouldn’t be ignored especially when we are talking about an Indian Stock Exchange as we Indians just invest around 3-4% of our financial savings in equities as compared to 15% in China and 40% in USA. Most other developed/developing countries have ratios in the range of 10-15%. We never realized the potential of equity…

In my earlier post about general insurance (Click here), I mentioned about the rerating prospectus of general insurance companies once the IPO’s of these would come. SEBI was also pressing General Insurance companies for IPO. So today Govt has approved plans for divesting 25% in 5 public sector General insurance companies. This is as per my expectation and will surely make our Stock market better understand the valuation of General Insurance companies. General insurance sector is way underpenetrated in India with around 28 players fighting for small scale of business available. Everybody is fighting with low prices to lure customers…

….and another year is passed. I constantly hear people pointing out the incredible speed at which time is running away from them. Years look like months. One hour phone call to my love life (of course before marriage) now appears bigger than 5 years of married life. Time appears to be moving slow in young age and quite fast as we age. Well, there are some strange theories which say that this perception of time (moving fast or slow) has its roots linked with the ratio of time interval to the total life span we have been alive. Like for…

I couldn’t do a detailed study of this as it requires a great deal of time to study a pharma player. But it is looking good although somewhat pricey which i feel is justified for a high quality player like Laurus. But it has a great promoter Mr Satyanarayana who is a veteran of almost 25-30 years. He has taken Laurus from nil in 2007 to 1800 cr in 2016 which is a great feat indeed. But it has low margins of below 10% as compared to high 20's of other players...but i think this is well explained by unused…

A Glass doesn’t hinder our view of the world and we can look through it; it never gives back anything to us. But you paint the glass from one side and it becomes a mirror. But a Mirror can be irritating as it shows us our ugly face. It just reflects the reality. And in the moments of despair and madness we can break the Mirror. So Cyrus Mistry is broken. But I am really at shock over what has happened with TATAS...i can't expect this type of nasty fight from Tatas. I am feeling bad for this guy Cyrus...i…

Farmers don’t see the sky…they just WATCH it…with hope and most of times with despair. The sky as we know (and enjoy) isn’t known to the farmers. They see a different sky…for them it is from where their lives flow…water. We may be enjoying the falling sky…but for our poor farmers every fall is not a water fall. We may have placed satellites beyond the sky but our farmer is watching the sky for thousands of years…for them nothing has changed…satellites broadcasts entertainment shows for us…but sky is always a broadcaster of horror for farmers. India is a farmland…we have…

A warrior is always calm; this is quite contrary to the common belief which pictures a warrior as an angry and violent fighter. But a warrior isn’t easily angered as he has no fear for he understands the grand schema of life forces. Our life here is always dictated by Fear…we are just a shiver most of the times in our life…we select our path only out of fear…we make our choices only out of fear…we are Fear. For us, Fear always leaves us with two choices growth or survival. This is what we think about fear; by following it…

Here we go again; the news about Fed rate hike and immediately global stock markets crumble…again the debate is alive whether USA is on growth path or in fact if it’ll ever be on growth path again. There is always a noise about economic growth, every other day policies are getting drafted for growth, there are all types of wars (Currency, military, political) to secure the growth….but still the equation doesn’t look like in our hands which are still empty. Sometimes I wonder whether we understand what really is growth most importantly economic growth. We measure growth by adding all…