20 Sep 2026

Fed Hikes: India Feels the Squeeze

On September 16, 2026, the Federal Reserve raised its target range by 25 basis points to 3.75% – 4.00% — its first hike since 2023. The trig…

09 Sep 2026

Rentomojo: India's First Listed Rental Play — Good Company, Fair Value?

For the first time, Indian public markets get to price a furniture-and-appliance rental platform . Rentomojo Limited opens its ₹1,256 crore …

09 Sep 2026

Tempsens: The Manufacturing-Leader Premium, Already Priced In?

Tempsens Instruments (India) priced its IPO at ₹300 — roughly 35x earnings — listed on 28 August 2026 and closed its first day at ₹586.65 , …

30 Aug 2026

Indian IT: From Growth to Cash Cow

For fifteen years, Indian IT services was the market's dependable growth machine, and investors paid for it accordingly. Through most of the…

22 Aug 2026

Record Sales, Shrinking Margins: The GST Boom Hiding a Squeeze in India's Carmakers

Something odd happened to India's car industry in the April–June 2026 quarter. Carmakers sold more vehicles than in any first quarter in the…

11 Aug 2026

Twice the FMCG Multiple: Demystifying Milky Mist's IPO Valuation

On the surface, Milky Mist Dairy Food is asking a startling price. Its IPO is banded at ₹133–140 , valuing the company near ₹10,775 crore — …

03 Aug 2026

Indo-MIM's 44% Pop: Will the Hype Hold, or Will Valuation Have the Last Word?

Few Indian listings this year have been as loud as Indo-MIM Limited . The world's largest metal-injection-moulding (MIM) manufacturer priced…

30 Jul 2026

Hawkish Hold: the Fed pauses, but the bond market is already pricing a hike

The Federal Reserve did nothing on July 29 — and that, paradoxically, was the loudest thing it could have done. The July hold extends an unb…

Articles are general market commentary published for information and education. They are not investment advice, research reports or recommendations, and they do not take account of any individual reader's objectives or circumstances.