Param Subramanian

Equity research analyst. Views are personal

[Vay🎗️ @VaibhavLab]

Pitching of the year .

[Param Subramanian @param224]

In other words, market may go up or it may go down…profound

[Alok Jain ⚡ @WeekendInvestng]

In the last 20 years we've either come to the 200-week moving average and bounced or we've crashed below it.

[kuldeep @ku1deep]

Hear me out. I am one of these deleted voters. Does this mean the government can’t find me. What happens when I don’t file my income tax. I invite the government to prove that I exist.

[Param Subramanian @param224]

In ‘91 when faced with an external account crisis, we let the rupee sharply depreciate (counter-intuitive to status quo-ists and a bitter pill). This let our exports become competitive (though at that time we had the added low hanging fruit of opening up the capital account). It set the stage for our IT revolution. We still sing praises about those reforms to this day. Maybe borrow a little from that playbook?

[Param Subramanian @param224]

The long term answer to this may just be full INR convertibility.

We have put severe restrictions on allowing domestic capital to chase returns abroad. This has in turn created low quality large caps which have still been rewarded with rich PE multiples (and hence no incentive to innovate) because domestic capital had no option.
(1/2)

[Manish Singh @refsrc]

Bernstein: Many of India's large caps represent a "bygone economic era"

Foreign institutional investors will return to trade, but have "little reason" to invest in India

[Param Subramanian @param224]

Darshan ke saath full body massage free!

[𝐑𝐮𝐬𝐡𝐢𝐢𝐢⁴⁵ @rushiii_12]

VIP Darshan at Lalbaugcha Raja.🙏

[Param Subramanian @param224]

This post lacks a very basic understanding of finance…and this guy has written a book it seems 😂

[Param Subramanian @param224]

Waah Modiji waah

[narendramodi_in @narendramodi_in]

Never celebrated my birthday. This is a day I do not take any calls or meet any person. I try to avoid programes: Narendra Modi

[Zatchfcb @zatchfcb]

Hands down the best Youtube short ever made. What an incredible edit! 👏

[Param Subramanian @param224]

If you remove all the loss making line items, we are a profitable company

[Param Subramanian @param224]

@ATRightMovies Usual Suspects - No contest :)

[Param Subramanian @param224]

And….Fed hikes :)

[Param Subramanian @param224]

If being owned by Walmart is not foreign, what is? 🤔

[Chandra R. Srikanth @chandrarsrikant]

🚨PhonePe isn't foreign, operates in India. Walmart came after, says Co-founder Sameer Nigam

“Walmart came after PhonePe started. I know it is cute to actually just go around saying that it is a foreign company, and this was under US pressure. I don't think the world is obsessing about the Indian payments market,” Nigam said.

“The politics of India, unfortunately, and I am taking an apolitical view on this, regardless of which party is in power in which state or the centre, it is the job of the opposition parties to oppose,” he added

With @AnandJRAnand

https://t.co/MVTiuMzibR

[Balaji Vaidyanath ⚡️ @nbalajiv]

US’ magnificent 7 versus India’s miserable 7 over the last 5 years

[Kapil @kapsology]

Modi was in Norway for just one day.
It cost taxpayers ₹17 crore.
Aisa kya hua wahan par? 😲😲😲

[Param Subramanian @param224]

The joke writes itself….😂

[Roshan Rai @RoshanKrRaii]

Narendra Modi in May : Don't travel abroad for 1 year

Overseas visit of Modi since then

United Arab Emirates
Netherlands
Sweden
Norway
Italy
France
Slovakia
Seychelles
Indonesia
Australia
New Zealand
Uzbekistan
Kyrgyzstan

He has travelled 13 countries in 4 months.

[Param Subramanian @param224]

Pop fizzled out

[Param Subramanian @param224]

Negative numbers don’t exist? :O

[sandip sabharwal @sandipsabharwal]

What's the PoP #HDFCBank stock will have tomorrow due to the exit of #SashidharJagdishan

[Param Subramanian @param224]

@SagarH62 Shardul Thakur