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Showing posts from September, 2019
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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
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Market Commentary

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Winning Strokes As expected the domestic benchmark indices corrected sharply today, amid broad based selling pressure. Banks, auto and metals tumbled. The S&P BSE Sensex, plummeted 503.62 points or 1.29% to settle at 38,593.52. The Nifty 50 index shed 148 points or 1.28% to close at 11,440.20. US political developments and tougher decibels  from the Washington and Beijing on trade deal also spoiled investors sentiment. The market breadth was quite weak. On the BSE, 762 shares rose and 1755 shares fell. A total of 128 shares remain unchanged. I had given a sell on Nifty Bank at around 29810 for a target of  29550. The Bank Nifty closed at 29,586.05 down 597.05 points. I had given a sell on the markets yesterday, and I believe we will slowly glide down towards 9200 as the P/E is quite high. Meanwhile, the initial irrational euphoria created by the media, post FM's cut of corporate tax has started to cow down. When the Private Consumer Index is at 4 ye...
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Winning​ Strokes Domestic share markets extended previous session's rally triggered by the government's move to slash corporate tax rates for domestic companies.  The surprise decision by the government is seen boosting corporate earnings to some extent as the effective corporate tax rate after surcharge stills stands  at 25.17%.  Moreover, the move to reduce the tax to 15% for local companies incorporated after October 2019 is also being given too much importance by the media in the present context.  However, the government giving MAT relief for those opting to continue paying surcharge and cess at 22% is a good move. MAT has been reduced to 15% from 18.5% for companies who continue to avail exemption and incentives.  Though the Indian media is going ga ga on this step saying that it will bring significant positive implications for corporates' profitability, broader economy and market valuations, I feel with Peak Income Tax remaining ...
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Hikaru Nakamura and Atousa Pourkashiyan: A Checkmate in Love – A Grand Union Forged on the 64 - Squares.... Introduction: Hikaru Nakamura, a name synonymous with modern chess, is a prodigy-turned-legend whose brilliance has redefined the contours of the game.  A five-time U.S. Champion, his fearless strategies and dynamic online presence have made him an unparalleled force in the chess world. In 2023, however, the grandmaster made headlines for a personal milestone: his marriage to the courageous and equally accomplished chess player, Atousa Pourkashiyan. Atousa, a Women's Grandmaster (WGM), is a celebrated chess player and a symbol of resilience. Her bold decision to compete without a hijab during the 2022 World Rapid and Blitz Championship became a landmark moment in the global spotlight. This act was a direct expression of solidarity with the Mahsa Amini protests in Iran, where women have continued to fight against oppressive mandates, demanding the freedom to choose their attir...
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Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation.  With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals:  🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and  🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 .  To reinforce this recovery, the company has proposed a ...
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WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
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