It may come as a surprise to some of you that RBL Bank, despite having caught the attention of the media only a few years ago, is actually a considerably old bank. It was incorporated in Kolhapur, Maharashtra in 1943 as 'Ratnakar Bank'. It has come a long way since then. In line with its re-branding to 'RBL Bank' in 2014, it seems to have adopted a new and lucrative business model.
Tuesday, 11 June 2019
Sunday, 12 May 2019
Tax Avoidance Strategy: What is the 'Double Irish with a Dutch Sandwich'?
I have been indexing my Quora answers of late. I came across a particularly interesting one which I thought I should share with a wider audience. So, here's a light weekend read. Hopefully, you will have learnt something new and interesting.
Monday, 15 April 2019
Godrej Consumer Products Limited Valuation: Share of Mind
Hair colors, hair care, hair salons, mosquito repellents, household insecticides, bathing soaps, air fresheners, wet tissues, liquid detergents: These products cover the impressive breadth of the consumer needs this company solves. Godrej Consumer Products Limited. If you haven't heard the name, you have most probably used the company's products at least once in your life. There's been a fresh correction in the price of the stock that's got the market wondering about the company's intrinsic value.
Monday, 25 March 2019
VIP Industries Valuation: Old Dog, New Tricks
VIP Industries is the market leader of the luggage industry in India. VIP, Aristocrat, Skybags, Carlton, Caprese -- these are some of the most recognizable brands for consumers in this segment. Faced with stiff competition from the likes of Safari and Samsonite, dealing with the resignation of Mrs. Radhika Piramal from the active management activities and grappling with rising labor costs, VIP Industries is indeed between a rock and a hard place. However, the rise in the Indian middle class and the growth in airline travel among Indian youth pose a long term tailwind for the company. What Value do these little components offer for the shareholders? Let's find out.
Monday, 4 March 2019
Indian Energy Exchange Valuation: Odds, Bets and Handicapping
Indian Energy Exchange (IEX) is the premier Energy trading platform of India. The government's goals, tuned towards better infrastructure and better industrial output, puts IEX in a sweet spot. But is the market paying up for the growth ahead or is it overpaying for opportunities that aren't even there?
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