Stock Investment
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How to Analyse an Industry Before Investing in Stocks – 5 ‘Must-Knows’
Most investors spend a disproportionate amount of time analysing individual companies while overlooking the broader context in which these companies operate.
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Company Shastra: Manappuram General Finance & Leasing Ltd. (MAGFIL)
MAGFIL, a Kerala based NBFC, derives its maximum revenue from loans against Gold. It has a strong presence in South India with 76% of its branches situated in this region. This region currently accounts for 40% of India’s gold demand and 85-90%…
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How do companies use Mergers and Acquisitions to manipulate financial statements?
Tata Steel acquires 100% stake in Corus Group; Vodafone purchases 67% stake owned by Hutchinson-Essar; Indian major Ranbaxy acquired by Japanese pharmaceutical company Daiichi Sankyo – these were headlines that were splashed across newspapers for days together at their time. Many companies…
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How do companies use Mergers and Acquisitions to manipulate financial statements?
Uncover how companies misuse mergers and acquisitions to boost cash flow and distort financial performance. Learn the red flags of such manipulative M&A activity.
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Cash Flow Statement is the least manipulated Financial Statement. Or is it?
“The cash flow statement is one of the least manipulated financial statements”. The other two financial statements viz. the Profit & Loss and Balance Sheet, are often subjected to many manipulations. However, while the cash flow statement does render more transparency, it…
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Company Shastra: Axis Bank Ltd.
Axis Bank, formerly UTI Bank, is India’s third largest private-sector bank. It has a large customer base of over 1.5 Crores which it services through its wide network of more than 1281 branches including 169 Service Branches and over 5303 ATMs. Over…
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How Companies Manipulate Liabilities in Financial Statements
As investors, we often pay more attention to the sales, net profit numbers on the profit and loss statement, while neglecting the balance sheet. After all balance sheet numbers are not as dynamic and interesting as the sales and net profit figures!…
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What are the techniques used by a company to undervalue its liabilities?
Learn how companies manipulate liabilities like accounts payable & contingents to mislead investors. Spot red flags before you invest.
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Balance Sheet Manipulation: How Companies Overvalue Receivables and Inventory
The balance sheet, also known as the statement of financial condition, offers a snapshot of the company’s health. It tells us how much a company owns (Assets), and how much it owes (Liabilities). Many analysts and investors look at the assets to…
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How do companies manipulate Asset Valuation to project a strong financial health?
Discover how firms overstate assets like inventory and receivables to project strong financial health. Learn red flags to avoid risky investments.
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This budget make your money work for you – Know the MRP of your stock ABSOLUTELY FREE
Lo and behold! It’s that time of the year again which individuals and corporate eagerly await for. The time when the FinMin opens the briefcase that affects the fortunes of millions atleast for a year. The time when people eagerly tune into…
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Company Shastra: Idea Cellular Ltd.
Idea Cellular Limited, an Aditya Birla Group company, is India’s leading GSM telecom Services provider, operating in 22 telecom circles with over 81.8 million subscribers. The company is among the top 10 national operators across the globe. Over last 6 year period,…







