General Info

The mechanics of buying shares in India take about fifteen minutes to learn and three days to set up. The harder part — deciding what to buy and how much — is where most of the actual work sits. This guide covers both, in the order they matter. Before You Buy Anything Two things should…

You own 100 shares of a company. It has a profitable year and decides to send you ₹1,200. That payment is a dividend — and the mechanics around it, particularly what happens to the share price on the ex-date, catch out more investors than almost any other corporate action. What is a Dividend? A dividend…

In FY2020 a number of Indian retailers reported sharply higher debt and sharply higher EBITDA in the same year. They had not borrowed more, and their stores had not become more profitable. The change was entirely presentational — and if you are screening companies on ratios without knowing this, it will mislead you. Explains the…

People often use “demat account” to mean the whole apparatus of buying shares. Technically it is only one of three accounts involved, and the trading account is the one that actually does the buying and selling. What is a Trading Account? A trading account is the account through which you place buy and sell orders…

Debt is not automatically bad. Used well, borrowed money lets a company build a factory it could not otherwise afford and earn more than the interest costs. Used badly, it turns an ordinary downturn into insolvency. The debt-to-equity ratio is the single fastest way to see which situation a company is in. What is the…

Under the old standard, a company could lease an aircraft for fifteen years and show nothing on its balance sheet. The obligation existed, the payments were contractually committed, and analysts had to dig into the notes to find them. Ind AS 116 ended that arrangement — and the transition made several Indian companies look considerably…

A new fund launches at ₹10 per unit while an established fund trades at ₹340. The ₹10 fund looks dramatically cheaper. It is not cheaper at all — and that single misunderstanding is what makes NFOs so effective to market and so often disappointing to own. NFO Full Form and Meaning NFO stands for New…