Can Adani Enterprises Actually Absorb What It’s Building?
The rate of capital expenditure absorption across Adani Enterprises’ green energy and utility portfolio tells investors more about intrinsic value tha…
Indian Equities
VBL Fell 18% While the Summer Is Still Coming
VBL has already been punished for risks that haven’t fully materialized yet — and the season that actually moves its earnings is just starting.
From …
Kotak Mahindra’s Inorganic Bet: Smart Capital Recycling or a Hidden Credit Risk Nobody Is Pricing?
Kotak Mahindra Bank is doing something its governance-bruised peers aren’t: moving. HDFC Bank has been absorbing valuation compression from institutional concerns about leadership disclosures. Kotak, meanwhile, is selling a non-core stake, recycling the proceeds, and positioning itself to acquire retail credit market share in a single coordinated sequence. The strategic logic is clean. The execution risk — particularly buried in one number nobody is talking about — is not. The NIFTY 50 closed at 23,114 as of March 22, 2026, roughly 11% below its 52-week high of 26,373. The BSE Sensex sits at 74,533, a full 13.5% off its 52-week peak of 86,159. Indian equities are in a correction. Private … Read more