Value Research Online

Why is this pencil-and-crayon seller trading so richly?

Mon, 20 Jul 2026 10:00:00 +0530

DOMS Industries trades at nearly 60x earnings despite selling everyday stationery. Here's why the market assigns a premium valuation and the risks investors should know.

The AI bubble question

Sat, 18 Jul 2026 10:00:00 +0530

Is AI a bubble? The answer matters less than how you invest. Learn why bubbles are driven by investor behaviour, not technology, and how to avoid costly mistakes.

Half of SME IPOs sink. Your odds are even worse

Fri, 17 Jul 2026 09:45:07 +0530

Half of SME IPOs trade below their issue price. But the odds worsen when measured from listing price. Here's what the full data reveals before you invest.

Caliber Mining IPO: Earns cash fast, borrows faster

Thu, 16 Jul 2026 18:38:06 +0530

Caliber Mining IPO has a strong Coal India-linked order book, but rising debt and heavy capex raise concerns. Should you subscribe? Read our analysis.

IRCTC's moat is intact. So why did its stock halve?

Wed, 15 Jul 2026 12:35:09 +0530

IRCTC's monopoly remains intact, yet its stock has fallen sharply from its peak. See what changed in its business mix and what it means for investors.

SBI Funds Management IPO: Price the fee engine, not the AUM

Tue, 14 Jul 2026 16:27:28 +0530

SBI Funds Management IPO is priced at 38 times earnings. See what drives its fee income, how SEBI's fee changes could affect earnings and the key risks to watch.

Before you subscribe to Laser Power & Infra's IPO, read this

Wed, 08 Jul 2026 12:01:54 +0530

Laser Power & Infra's IPO offers exposure to India's power infrastructure boom. Read the key strengths, cash flow concerns and valuation before you subscribe.

Kusumgar IPO: Should you apply? Its growth story has a tear

Tue, 07 Jul 2026 17:28:39 +0530

Defence segment revenue fell 42 per cent in FY26. At 44.8x earnings, the valuation assumes recovery. Four variables to monitor before you invest in the Kusumgar IPO.

The stock is up 20 per cent. Have you missed it?

Tue, 07 Jul 2026 17:02:16 +0530

A stock up 20 per cent doesn’t always mean you missed it. Learn to judge valuation, business growth and if the stock is still worth buying in this month’s Stock Analyst Live session.

NSE couldn't list in 2016. Remarkable comeback, so is risk

Fri, 03 Jul 2026 11:42:23 +0530

NSE's options revenue fell 17 per cent after SEBI's derivatives rules. The business is exceptional but 60 per cent of revenue depends on the segment regulators are shrinking.

The slow learner

Wed, 01 Jul 2026

A business can strengthen its margins and position for years before its share price catches up. Here is where that gap pays off, and where it traps investors.

Eighty quarters, not 20 years

Wed, 01 Jul 2026

A 20-year holding is really 80 separate decisions to keep going, or to step aside. Here is what the long term is made of, and who does the work beneath it.

Giants in waiting

Wed, 01 Jul 2026

Most blue chips began as ignored small caps. Here are the stages a business passes through on that journey, why being early pays, and why only one in a hundred makes it.

India 2036

Wed, 01 Jul 2026

From household savings moving into markets to a Rs 45 lakh crore power buildout and India's data-centre gap, five structural themes set to drive the next decade.

Indian IT: Dead or poised to thrive?

Wed, 01 Jul 2026

The market is pricing Indian IT for near-stagnation as AI disrupts the headcount model. Four top IT fund managers explain why they are buying anyway.

20 years, 20 lessons

Wed, 01 Jul 2026

Twenty years of market calls distilled into twenty lessons on time, selection, valuation and behaviour, including why selling too early, not picking wrong, costs most.

Riding India's infra wave

Wed, 01 Jul 2026

Two indices promise India infrastructure exposure, but one bets nearly half its outcome on three stocks. How they differ on concentration, logistics and risk.

The price of stability

Wed, 01 Jul 2026

Reliable dividends and low volatility are real. But the FMCG index has trailed the broader market by about four points a year for a decade. Stability has a price.

The work never ends

Wed, 01 Jul 2026

A falling stock is not automatically cheap, and patience is not just sitting still. Lessons on judging the business beneath the price, and knowing when to sell.

Bargain or value trap?

Wed, 01 Jul 2026

Four stock screens, one date in 2011, held for 15 years. The result: in a growing economy, a fair price for a good business beats hunting for the cheapest one.