Mool Nivesh

THE PAINT INDUSTRY The paint industry is expected to grow with 5 years CAGR of 12% to Rs 97,100 crores by FY24E from Rs 54,500 crores can be mainly attributed to the rise in urbanization, growth in the popularity of branded paints, shortening of the re-painting cycle, and robust pricing power prevalent in the paint industry and introduction of many innovative products such as odor-free, and dust and water-resistant paints.    The decorative paint segment constitutes around 74% of the total paint sales, resulting in the paint sector growing at a robust rate even at the time of an industrial slowdown. Industry Classification - By Technology:  Indian paint makers are increasingly shifting from solvent-based to water-based paints. The volatile input costs, especially crude oil prices,  exerting pressure on the prices of paints. Around 55% of the raw materials used by the paint companies are crud...

If you are a stock market investor, you might have heard that investing is a lifelong learning process; learning from your own mistakes, learning from others’ experiences, reading books, and articles. Learning and Growing is the mool-mantra to be a successful investor. Everyone says to read books and become more knowledgeable. But no one focuses on the work to-do after reading it. A book based on investing will have no value if you don’t apply its key learnings, practice, and act on them. Read-Think-Act-Repeat Learning and Growing is a virtuous circle. You read books, try to think about the key points, apply it to your holdings or the companies you are researching about, write down your thought about this whole process, and then repeat. There are so many investing books available in the market. But one of the disadvantages is that majority of the books are based on the US Equity context. So, what if these must-read investing books’ principles comes with the application on Indian equiti...

  Narrative and Numbers, written by Mr. Aswath Damodaran , is basically based on connecting the storytellers with the numbers and argues that stories without numbers are just fairy tales and numbers without stories to back them up are exercises in financial modeling. The author focuses on simplifying the process from stories to numbers (and vice-versa) to valuation to follow-up narratives and news.  He highlights the various tests for a credible business story and procedure to reach the destination and the iterative follow-up process. He argues that the power of the story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks. Here are the few investing lessons and their applications in the Indian equity context: 1. Storytelling left unchecked can easily lose focus, and in the context of business stories, that can be dangerous for everyone involved. Stories are extremely dangerous and powerful because they connect with people’s...