It is not often that a Credit Rating Agency/Company trades at valuations of 15X Earnings and certainly not if it is among the top 3 rating agency in the country. But such was the impact of the IL&FS and DHFL episodes especially on CARE Ratings, that the company saw a continuous erosion in its share […]

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Over the last two weeks I watched ‘Bad Boy Billionaires’ and ‘Dirty Money’ on Netflix. Though the former is an Indian-specific series and the latter covers global corporates, the pitfalls conveyed in the polar ideologies – Capitalism and Socialism – in the two series caught my attention. The Bad Boy Billionaires’ stories, one can argue […]

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There has been a strong anti-chinese sentiment prevailing in the country due to China’s initial handling of Covid-19 pandemic and the escalating border tensions between the two countries. PM Modi’s call for a “self resilient India” further strengthened these voices over last few weeks. There have been several voices on the issue. Few voices very […]

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Founded in 1983, Jyothy Labs Limited (JLL) commenced its operations as a a single product (Ujala fabric whitener) manufacturer in a single district (Thrissur, Kerala). The company’s “Ujala” brand is an household name, on account of the company’s excellent marketing campaign in the late 90s and early 2000’s through “Aaya Naya Ujala” campaign. Over the […]

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The Government’s decision to raise INR 12 lakh crore through market borrowings in fiscal 2021 will have a major impact on the debt markets on Monday (11th May 2020) and curb the uptrend in rising Government bond prices. The high borrowings may lead to sell-off in existing bonds and gilt funds (funds which invest in […]

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Coromandel International Limited (“CIL”) is in the business of Fertilizers, Specialty Nutrients and Crop Protection. The Company manufactures a wide range of fertilizers in the non-urea (also called complex fertilisers) segment with major presence in Andhra Pradesh and Telangana. The company markets the products through brand “GROMOR”. The Crop Protection business produces insecticides, fungicides and […]

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