11 October 2023 Kovai Medical Center & Hospital Sector: Healthcare CMP: ₹2,590 per share Market Cap.: ₹2,832 crores Kovai Medical Center & Hospital (KMCH) is a Coimbatore-based multi-specialty hospital which, as per the company statement - “since starting operations with 200 beds in 1990, has grown into a 2,250 bed multi-locational, multi-disciplinary super specialty hospital, … Continue reading Analysis – Kovai Medical Center & Hospital
Category: Essays on Investing
Reflection on my learnings and experiences on Investing in the Stock Market…
Let Go of Your ‘Losers’
You invest your money in the stock market to achieve superior returns and you do that by finding quality stocks and constructing an efficient portfolio. It is unrealistic to expect all stocks in your portfolio to perform equally well. The best you can do is to ride the winner stocks (that gives superior return) and, … Continue reading Let Go of Your ‘Losers’
A Brief Intro. to the Stock Market
Do you invest in the Stock Market? If not… You should… Because… your wealth has a significant role in determining the quality of your life… and the Stock Market is the greatest wealth creator of our times. Here, I share briefly what I know on… how to go about investing in the stock market… and, … Continue reading A Brief Intro. to the Stock Market
Analysis – Natural Capsules
02-October-2023 Natural Capsules Sector: Pharmaceutical CMP: ₹383 per share Market Cap.: 353 crores Read PDF Natural Capsules began operations in 1993 by manufacturing hard capsules – which enclose the medicine to be delivered – for the pharmaceutical industry. Until FY20, the company had an unremarkable existence with stagnant sales and poor profitability. But during the … Continue reading Analysis – Natural Capsules
Significance of ‘Changes in Equity Statement’
The practice of publishing ‘Changes in Equity Statement’ by Indian Public Listed Companies along with the ‘Balance Sheet’, ‘Profit & Loss’, and ‘Cash flow’ statement is a recent development – FY2017-18 onwards, to be exact. The equity statement doesn’t receive the same level of attention the balance sheet, income, and cash flow statement receive during … Continue reading Significance of ‘Changes in Equity Statement’
Reviewing the Current Inflation and Interest Rate Scenario
This month the US Central Bank (Fed) kept interest rates unchanged at 5.25 – 5.50 percent, while the European Central Bank (ECB) raised rates by 25 basis points to 4.50 percent, in their respective monetary policy meetings. High inflation has been an inimical issue for the last two-and-a-half years – and central banks have been … Continue reading Reviewing the Current Inflation and Interest Rate Scenario
Selecting “Stocks to Analyse” Optimally
Deciding on “which stock to analyse” should be given serious consideration. The Indian market regular, SEBI, classifies listed Indian stocks - based on their market capitalisation - into three categories: large-cap stocks, mid-cap stocks, and small-cap stocks. Stocks ranked between 1 and 100 by market capitalisation are the ‘large caps’; those ranked between 101 and … Continue reading Selecting “Stocks to Analyse” Optimally
Misaligned Interests
Your investment manager should be incentivised in a way that serves your best interest. Do you invest in the stock market? If not, you should. Why? Because the stock market is the greatest wealth creator of our times. Perhaps, also the most easily accessible asset class: anyone with a PAN card and a bank account … Continue reading Misaligned Interests
The Labyrinth of Decision Making
Making Quality Decisions in an Uncertain World with a Brain that Craves Certainty is a Challenge. Decisions and the principles of decision-making are never taught to us at home, school, or college. But where we are now is the result of a series of decisions we have made in the past, and where we will … Continue reading The Labyrinth of Decision Making
Role of Forecasting in Decision Making
Forecasting does add value to the decision-making process. But it is not what you do that matters, it is how you do it. Everyone Forecasts Forecasting is the act of making predictions about the likelihood of something happening in the future. It is not a cognitive activity confined only to weather, politics, business, or sports. … Continue reading Role of Forecasting in Decision Making









