Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets
https://www.nytimes.com/2023/02/11/business/india-adani-market.html

Are You Ready for India’s Lithium Stocks Gold Rush?

Hedge yourself by participating in the upside for other viable EV industry fuels.

India’s Lithium Gold Rush

Here’s an extract…

Get ready to profit from the gains…

A report by the International Energy Agency says more than half of lithium, cobalt and graphite processing and refining capacity is located in China.

Being dependant on Chinese exports is not a long term solution for India. Hence, India has been looking for Lithium reserves in countries all across the world.

Recently, the Geological Survey of India (GSI) found 51 lithium and gold deposits in the state of Jammu and Kashmir. The potential tonnage, 5.9 million, catapulted India from zero to among the top 10 in the world in lithium sourcing overnight.

http://www.eqtm.in/Ye59W

Ever considered Momentum Investing?

Rahul Shah, co-head of research at Equitymaster has developed a brand-new system to eliminate the emotional pitfalls that trap most investors.
(This is market cap agnostic and includes small caps, midcaps, and large caps).

More details here

http://www.eqtm.in/Wf92Z

I've just joined Rahul Shah's special event on India's Third Giant Leap

Very soon, he is going to reveal details of his top 3 stocks to ride this giant leap.

Don't miss it for anything.

Just click the link below to join right away:

http://www.eqtm.in/Kn94R

This strategy has been described as the strongest and most robust sources of returns since modern markets were established.

On 20th March, at 5 PM we’re holding an online meeting that explains this strategy in full.

Register here to join

http://www.eqtm.in/Wf92Z

Tata Technologies Files Papers for Upcoming IPO. Everything You Need to Know...

Tata Technologies has made its first move to go public. The DRHP is out...find out more details inside.

Tata Technologies IPO

Here’s an extract…

If you’re thinking of applying…here what you should know.

There have been a lot of talks about how the Tata group is coming out with its upcoming IPOs in the form of Tata Technologies IPO, Tata Play IPO, and Tata Electronics IPO. The thing was nothing was official.

But today, Tata group company Tata Motors put speculations aside and confirmed that it has filed draft papers for Tata Technologies IPO.

Yesterday, on 9 March 2023, Tata Motors filed a statement with the stock exchanges saying that its subsidiary Tata Technologies has filed a draft red herring prospectus with the market regulator.

Let’s take a look at the details of the same.

http://www.eqtm.in/q2Z5A

Here is my video on why the IPO of Tata Technologies is worth keeping a watch on......

Warren Buffett has the cunning knack of sending out warnings to business managers and investors when they need them the most.

In the latest (2023) Berkshire Hathaway annual report he wrote…

We will also avoid behaviour that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses.

If only the tech companies with deposits at SVB had paid attention.

Next D-Mart Like Stock

Both growth and profitability can make this cost conscious business the next D-Mart.

http://www.eqtm.in/w4ZAt

Pharma sector is the new ITC. Stocks across the sector are close to 52-week lows and are likely to stay there for some time.

The pace of US FDA inspections has again picked-up in the last few months post Covid. In addition, even large generic companies in India have seen increased USFDA observations with 483 cases showing adverse outcomes.

The listed pharma companies’ research and development (R&D) spends are the equivalent of 4.4% of net sales. The R&D spends have been stagnant at this figure for three years in a row. In comparison, companies in the US tend to spend upwards of 20% of sales on R&D.

For Indian pharma majors, R&D spends have been declining over time. It was 6.2% in 2016-17. It slipped below the 5% mark in the last three years even as sales have continued to grow.

While there may be few pockets of value buys in the sector. Beware of value traps.

The SVB Crash Fallout: 5 Things You Must Do Now

Turning the crisis into an opportunity could hand you some of the biggest multibaggers.

SVB Fallout on Indian Markets

Here’s an extract…

Tanushree on what investors should do…

http://www.eqtm.in/n8ZGf

During his recent Annual Shareholder meeting, Terry Smith (founder and chief executive of Fundsmith and a notable British fund manager) explained why you should invest in businesses that can be run by an idiot!

Here’s an excerpt from the meeting:

Smith; One of the things that we’ve tried to operate on as a mantra over the years which we didn’t invent because we didn’t actually invent anything.

We try to copy people who are quite clever, that’s the way forward, is always invest in a business that can be run by an idiot because sooner or later they all are, right.

And the fact of the matter is it’s an awful lot better to invest in certain businesses that are run by idiots than others.

I've just joined Rahul Shah's special event on India's Third Giant Leap

Very soon, he is going to reveal details of his top 3 stocks to ride this giant leap.

Don't miss it for anything.

Just click the link below to join right away:

http://www.eqtm.in/Ks3r6

Major military modernization projects totaling Rs 70,584 crore, including 69 maritime helicopters, 225 BrahMos supersonic cruise missiles and 307 heavy-duty artillery guns, received preliminary approval from the Defence Ministry.

The largest proposal approved was for 60 "utility helicopters-marine" being constructed by Hindustan Aeronautics, costing Rs 32,000 crore.

Another significant purchase was the 225 BrahMos long range missiles for frontline destroyers and frigates for Rs 20,000 crore.

These missiles travel at a speed of Mach 2.8, which is almost three times the speed of sound. This month will also see the signing of a different, much smaller contract for the next-generation BrahMos maritime mobile coastal batteries.

Consider checking out the best defence stocks.

Our systems analyst, Rahul Shah has just started his online meeting on Momentum Investing. Equitymaster readers are invited to join.

Join here

http://www.eqtm.in/t7EFo

How Long Before Markets Recover from the Banking Crisis?

The actual risk posed by the notional treasury losses in the banks’ books is evident in this chart published by the FDIC.

The End of Banking Crisis

Here’s an extract…

Ironically, sixteen years after 2007 subprime crisis, the central banks in West are once again caught napping. And big banks seem to be in no mood to acknowledge the crisis in their backyard.

In February 2023, Credit Suisse assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries.

Weeks later, auditor PwC reported material weaknesses in Credit Suisse’s own books of accounts and internal controls.

That’s not all. Swiss authorities plan to impose losses on Credit Suisse bond holders as part of the bank’s rescue plan.

Tanushree on how long before markets recover from the crisis…

http://www.eqtm.in/Qc54L

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Ohio farmer Samuel Benner made this market cycle chart in 1875

As a prosperous Ohio Farmer, the 1873 market panic was a blow for Samuel Benner, and it wiped him out. When trying to understand why this happened, Benner discovered the notion of market cycles.

As a farmer, Samuel knew that the seasonal cycles affected crops, which then affect supply and demand, which affects the price. Benner looked deeper into these cycles and found an 11-year cycle in corn and pig prices with peaks every 5/6 years. This matches the 11-year solar cycle. Benner figured that this solar cycle affects crop yield, affecting revenue, supply/demand, and price.

Many of the peaks and valleys are off by a year or two, but it looks close. Some of it might be explained by randomness of the markets.