Value Research Online

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.

The price of defence

Wed, 01 Jul 2026

India will build its own weapons — that part is settled. The dispute is whether today's buyer, paying 60 to 100 times earnings, shares in the wealth or funds it.

A great unwinding

Wed, 01 Jul 2026

As the Fed shrinks its balance sheet, global dollar liquidity tightens, pressuring FII flows and the rupee. Why the pace of the unwind matters more than its size.

The cycle always has the last word

Wed, 01 Jul 2026

Strong demand is rarely the mistake, misjudging the supply response and the cycle is. Why a commodity can have a bright future and still be a poor investment.

The illusion of certainty

Mon, 01 Jun 2026

Analyst price targets look precise but rest on unknown assumptions. The honest alternative: focus on management quality, balance sheet strength and valuation margin of safety instead.

The fast-track trap

Mon, 01 Jun 2026

Nasdaq now fast-tracks mega-cap IPOs into its index in 15 days. S&P 500 may follow. Passive funds must buy in regardless of fundamentals. Here is what Indian investors need to know.

Borrower is the bottleneck

Mon, 01 Jun 2026

India's banks are the cleanest in two decades, but cleanliness alone does not compound. We check which banks are worth owning and the metrics you should use to assess them.

When adding people stops adding money

Mon, 01 Jun 2026

Indian IT revenue is growing faster than headcount for the first time. AI is repricing low-end work and creating new demand for enterprise AI. Here is what it means for investors.

The market's misreading of Indian IT

Fri, 01 May 2026

AI is reshaping Indian IT companies, but not all businesses face the same risk. Here’s where disruption is real and where the biggest opportunities lie.

The dollar's twilight?

Fri, 01 May 2026

As the US dollar faces new challenges, Indian investors must rethink portfolios. Here’s how currency shifts impact returns and asset allocation..

When oil bites back

Fri, 01 May 2026

Rising crude oil prices impact India’s inflation, rupee, fiscal deficit and growth. Here’s how sustained high oil prices ripple through the economy.

A metal that lost its script

Wed, 01 Apr 2026

Gold usually rises in times of crisis, but this time it hasn’t. Here’s what’s changed in the global financial system and why gold prices are behaving differently.

The value screener trap

Wed, 01 Apr 2026

A low P/E ratio doesn’t necessarily mean value. Here is why common stock screeners can mislead investors and how to identify truly strong businesses.

Signs of maturity

Sun, 01 Mar 2026

Corporate India posted solid FY26 profit growth, but margins have cooled and sector leadership remains narrow. Is the earnings cycle maturing? Or is the outlook bleak?

Copper's upcoming crunch

Sun, 01 Mar 2026

Copper faces a structural supply deficit as EVs, renewables and AI data centres lock in demand. Can miners bridge a 10-million-tonne gap by 2040? Or will the deficit widen?

Rethinking the PEG ratio

Sun, 01 Feb 2026

PEG looks like a clean way to balance valuation and growth, but winners show up across the range. Learn why backward PEG misleads and how to read it better.

The overlooked battery metal

Sun, 01 Feb 2026

Graphite is the largest material in electric vehicle batteries, yet it gets little attention. As EVs and storage scale up, demand is rising faster than supply.

The trouble with India's feel-good GDP numbers

Sun, 01 Feb 2026

India’s GDP growth looks strong, but weak nominal growth, falling rural incomes and rising policy risks suggest the economy feels far less robust on the ground.

Why most active managers continue to underperform

Sun, 01 Feb 2026

Most active funds lag the market, but the failure isn’t inevitable. This piece explains why incentives break active investing and why disciplined managers matter.