Equity as an Investment

Beyond Nominal Gains: Assessing Risk-Adjusted Portfolio Performance

Imagine you are finalizing an investment review for a high-net-worth client in Mumbai. You have calculated a respectable 7.8% portfolio return, but your client is questioning why you insist on keeping 40% of the corpus...

Navigating Liquidation Preferences and the Indian Capital Structure

Imagine you are an equity analyst at a Mumbai-based brokerage reviewing the balance sheet of a mid-cap manufacturing firm currently struggling with high debt leverage. While reviewing the notes to the annual report, you...