Equity research
Coverage, initiations and thesis updates.
Everything we publish carries a written thesis and the three things that would make us wrong. Articles, blogs and performance reviews are free to read with an account; recommendations, which carry a buy or sell call and a target, are always premium.
13 pieces
25 Oct 2614 minSAMBHVAnalysisSteel & MetalsSambhv Steel Tubes share analysis 2026: peer valuation, financials and fair valueSambhv Steel Tubes share analysis: at ₹157, SAMBHV trades at 28x trailing EPS with 13% margins. We compare it with APL Apollo, JTL, Venus and Hi-Tech.FreeCMP as of 23 Oct 2026 ₹15725 Oct 2612 minJSIPLIPO analysisIPOs · Steel & MetalsJindal Supreme share analysis 2026: peer valuation, financials and fair valueJindal Supreme share analysis: at ₹138, JSIPL trades at 28.8x trailing EPS. See how it stacks up against APL Apollo, Hi-Tech, Sambhv and Vibhor.FreeCMP as of 23 Oct 2026 ₹138.4025 Oct 2610 minWEBELSOLARAnalysisRenewable EnergyWebsol Energy share analysis: is the 55% price drop a buying opportunity or a value trap?Websol Energy share analysis: 55% below its high at 8.6x earnings, but margins fell from 47% to 34%. Q1 FY27, cash flow, peers and fair value.FreeCMP as of 21 Oct 2026 ₹62.3619 Oct 266 minIPO 2026IPO reviewIPOsIPO performance 2026: Nifty is down 11%, but these IPOs have doubled investors’ money100 IPOs listed in 2026. Nifty is down 11%, yet the median IPO is up 21% and 11 have doubled. See the top gainers, losers and post-listing winners.Free19 Oct 2610 minXTRANETIPO analysisIT Services · IPOsXtranet Technologies share analysis: is the 143% post-IPO rally already priced in?Xtranet Technologies Ltd (NSE: XTRANET, BSE: 544838) closed at ₹308.25 on 16 October 2026, up 143% from its ₹127 IPO price in under three months. This Xtranet Technologies share analysis asks whether the business has earned that re-rating.FreeCMP as of 16 Oct 2026 ₹308.2518 Oct 2612 minTONBOIPO analysisDefence · IPOsTonbo Imaging IPO analysis: financials, DRHP highlights and valuation at ₹700Tonbo Imaging IPO analysis: FY26 revenue fell 22.7% to ₹362.65 crore. We decode the RHP, cash flow, 78.8x P/E and peer valuation before you bid.Free11 Oct 2620 minGVT&DAnalysisPower EquipmentGE Vernova T&D India share analysis: ₹33,500 crore order book, zero debt, 80x P/E — India's HVDC champion or priced for perfection?GE Vernova T&D India share analysis: ₹20,930 cr backlog, 27% FY26 EBITDA margin, ~80x P/E. Should investors track or ignore the stock? Our take.FreeCMP as of 9 Oct 2026 ₹4,19410 Oct 2613 minINOXGREENAnalysisRenewable EnergyInox Green Energy share analysis: Q1 FY27, valuation & outlookInox Green Energy share analysis: Q1 FY27 PAT rose 82% but core O&M EBITDA was near zero. We unpack the Wind World deal, valuation and peers.FreeCMP as of 9 Oct 2026 ₹125.9908 Oct 2611 minHFCLAnalysisTelecom EquipmentHFCL share price surge: how a ₹60 stock quadrupled in nine months — financials, peers and valuation explainedHFCL share price surge explained: up 4.3x since January to ₹258. We break down Q1 FY27 profit, the ₹26,665 cr order book, cash flow and peer valuation.FreeCMP as of 8 Oct 2026 ₹25808 Oct 269 minCUPIDAnalysisConsumer Goods and HealthcareCupid share price surge: how a ₹3 stock became ₹357 — financials, peers and valuation explainedCupid share price surge explained: up 730% in a year to ₹357. We break down Q1 FY27 profit, ₹800 cr guidance, cash flow and valuation vs peers.FreeCMP as of 8 Oct 2026 ₹35707 Oct 267 minJIOIPO analysisTelecom · IPOsJio Platforms IPO 2026: financials, valuation and key risks explainedJio Platforms Ltd made ₹30,049 crore profit in FY26 on ₹1,46,885 crore revenue. Here is what the Jio IPO 2026 offer document shows about India's digital market, growth, profitability, valuation and risk — in seven minutes.Free04 Oct 2614 minINDOSMCAnalysisElectrical EquipmentIndo SMC share analysis: financials, price trend, Kacholia stake and FY27 outlookIndo SMC share analysis: FY26 revenue jumped 123% to ₹310 crore. We decode margins, cash flow, Kacholia's 3.03% stake and our FY27 scenarios.PremiumCMP as of 4 Oct 2026 ₹50528 Sep 265 minMACROReviewMacroIndia stock market review, August 2026: Foreign investors return, IT stocks rebound and mid-caps keep winningForeign investors pulled a record US$29 billion out of Indian stocks in the first half of 2026. In July, they came back.FreeRecommendations are always premium. Articles and blogs are free once you have an account.