Bikaji IPO Analysis

PE of 100+ is too high in the current market scenario

But the QSR segment, as a whole, is priced at a premium 

Biggest issue with Bikaji is growth - Not able to find the same

Frugal Valuation and Conservative Investment

 I have been personally very frugal in doing valuations and risk averse, kind of very conservative approach

Found some similar gyan worth sharing

Some good Screener 

Credit - @coolfundoo

What's next ? Fed delivered 75 bps as expected but terminal value will be higher

 A very important thing markets are ignoring is that Fed has clearly told that terminal value will definitely be higher even if the incremental increases in the interest rates are lower. 

What does this mean

1. There will be increments

2. Individual increments will be lower

3. Terminal Value will be higher than previously expected

The current inflation is sticky and its not going to go away very soon. Even if we assume that 50bps will continue for only 2-3 months from next month, there is a high probability that 25bps may continue for a bit longer. 

There are high chances that the 1-year Treasury rates will be greater than 7%. This will be a dangerous scenario for the market. 

For India, this will be a scenario where FIIs will find it hard to stay in India with such attractive returns at home.