Value Research Online

An alloy maker that makes more money from markets than metal

Wed, 29 Apr 2026 12:33:00 +0530

Maithan's investment portfolio exceeds its market cap. But 77 per cent of FY25 profits came from financial gains, not alloys. Here is what you are actually buying.

The better business at a worse price

Mon, 27 Apr 2026 10:59:12 +0530

A falling stock is an argument, not a fact. Here is the checklist for telling temporary pressure from permanent impairment before deciding whether to buy, hold or exit.

What happens to Goodluck India if the defence cycle turns?

Mon, 27 Apr 2026 09:00:00 +0530

Goodluck India has pivoted from steel pipes to 155mm artillery shells at 30-35 per cent margins. At 22 times earnings, here is whether the defence bet is already priced in.

Less news is good news

Mon, 29 Oct 2007 11:32:00 +0530

Following financial news too closely can harm investors. Here’s why ignoring short-term noise leads to calmer and smarter investment decisions over time…

IEX has fallen 65% from its peak. Is the worst over?

Sun, 26 Apr 2026 09:00:00 +0530

Market coupling ended IEX's liquidity advantage and sent the stock down 65 per cent from its peak. At 24 times earnings, here is what the bull case needs to be true.

Nothing ever happens

Sat, 25 Apr 2026 10:00:00 +0530

A bot that bets 'No' on everything outperforms 84 per cent of Polymarket traders. The same logic explains why SIPs beat active traders and why doing nothing wins.

Risk perceptions

Mon, 25 Jun 2007 13:04:00 +0530

Why humans misjudge risk, overreact to rare events, and make poor investing decisions. Learn to rely on data, not vivid stories, for smarter choices daily.

What your favourite stock metric is hiding

Thu, 23 Apr 2026 14:00:00 +0530

Force Motors earned its ROE through genuine profit growth. Hyundai India engineered it by shrinking equity before listing. DuPont analysis shows you the difference.

Debt vs Equity

Mon, 19 Mar 2007 12:15:00 +0530

Stop chasing markets. Use smart asset allocation and rebalancing to balance debt and equity, avoid market timing mistakes, and build stable long-term returns.

What's your risk tolerance?

Thu, 29 Mar 2007 12:36:00 +0530

Most investors can’t handle losses. Build portfolios around time horizons, and to stay invested, rebalance, and avoid panic. This is key to building wealth

When incentives work against investors

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

Why financial problems persist isn’t a mystery. Follow the incentives behind F&O losses, insurance mis-selling, and advice to see what really drives them..

Indian IT's new currency: Cash, not just dividends

Thu, 16 Apr 2026 10:00:00 +0530

Chasing yield in Indian IT stocks may be the wrong instinct. Here is why payout ratios hide more than they reveal, and what you should look at instead.

Accounting fiction

Mon, 03 Sep 2007 10:45:00 +0530

Investors confuse booking profits and losses with reality, leading to poor decisions. Understand emotional cycles and avoid costly accounting illusions.

This mid-cap fell 60% from peak. Yet, it's business as usual

Mon, 13 Apr 2026 19:54:20 +0530

KPIT peaked at over 80 times earnings. It now trades at 25 times. Revenue hit record highs. Margins held. We look at what actually went wrong, and what has to change for a re-rating.

India's ethanol sector grew. The profits didn't follow

Mon, 13 Apr 2026 10:00:00 +0530

Ethanol prices on two key routes have been unchanged since 2022. Costs kept climbing. Here's why distillery margins fell as volumes grew — and what signal to watch.

When the system itself is the risk

Sat, 11 Apr 2026 10:00:00 +0530

Rising margin trading leverage exposes a hidden systemic risk where herd behaviour, not individuals, drives market crashes and forced selling cycles today.

Monkeys, goats and markets

Mon, 05 Nov 2007 10:58:00 +0530

An investing parable on why high prices only work if value exists. Choose businesses with real cash flows, not speculative hype or greater fool risky bets.

India's grids are booming. Here's what investors are missing

Thu, 09 Apr 2026 10:00:00 +0530

India’s grid modernisation offers a massive opportunity, but not all equipment stocks benefit equally. Understand the risks, execution challenges and what investors should focus on.

Indian IT: A few will thrive, while others will bleed

Wed, 08 Apr 2026 16:55:57 +0530

AI isn’t killing Indian IT, but it is reshaping it. Discover which companies will thrive, which may struggle and what investors should watch in the sector’s next phase.

Are markets really risky?

Tue, 30 May 2006 17:03:00 +0530

Markets feel risky due to volatility, but long-term equity investing reduces true risk. Discipline, time horizon, and fund choices shape overall outcomes..