Since listing, Ola Electric has been caught in a painful but logical cycle: scale requires capital, capital creates debt, debt elevates risk, and risk compresses multiples. The result is a stock that cannot be valued on any conventional earnings metric because there are no earnings to speak of. The core issue is capex intensity. In FY26, Ola … Read more
Kaynes Technology India Ltd has become one of the most discussed companies in the Indian EMS and semiconductor-related manufacturing space. The company has attracted strong investor attention due to its aggressive expansion plans, high growth rate, and entry into premium segments such as PCB manufacturing and OSAT facilities. However, despite strong long-term growth expectations, the … Read more
International Gemmological Institute, popularly known as IGI, is one of the leading global companies involved in the certification and grading of diamonds, jewellery, and gemstones. The company mainly provides certification services for natural diamonds (ND), lab-grown diamonds (LGD), diamond jewellery, and coloured gemstones. What is the Business of IGI? The company’s business model is quite … Read more
Kaynes Technology India stock has fallen more than 18%, and the futures are indicating a further decline of nearly 20%. The market has been disappointed not only because of the quarterly results, but also because of the commentary made by the CFO in the last quarter. In fact, the market reaction appears to be more … Read more