Equity Insights Elite

Excited to share—we’re now SEBI Registered! After 2+ years of consistently sharing insights on X, we received several inquiries about launching our own research services. So, we decided to go ahead, get SEBI Registered, and launch our dedicated Research Desk, focused on uncovering high-growth opportunities in the Smallcap & Midcap space. We're now also live on Smallcase! There’s been a lot going on in the background over the last few months. Thanks for the continued support—we’ll keep striving to add value!❤️

One thing you will notice in the current market Only a few names/themes are working Liquidity is chasing a very limited set of names, and that has pushed valuations to another level (80-100x is common now a days) This is not new We saw the same thing play out in a few sectors during 2024 as well, where momentum kept getting stronger & valuations kept expanding In momentum, everything can look justified for some time Strong price action attracts more liquidity, more liquidity creates more price action, and the cycle continues But the mistake is to extrapolate this endlessly At some point, valuations do matter Momentum can be played, but it needs to be played with caution

SaaS stocks are seeing a bounce today Memory / AI names are under pressure

Nifty50 23,650 in June 2024 23,650 in May 2026 Nifty500 22,500 in June 2024 22,500 in May 2026 Nifty Smallcap 16,700 in June 2024 16,700 in May 2026 Almost 2 years later, we are still around the same levels In between, so many events took place... Next 2 years can definitely be very exciting 🙏

Strong Set so far from Hospitals🔥 Key difference why they trade at premium valuations over hotels Many hotels witnessing dip in occupancy due to ongoing disruption It is visible in this quarter...

Global Markets in red Kospi🔻6%

Macros not in a good shape Rupee touching 96 Bond yields also spiking US 10 yr crosses 4.5%

@swarupghoshSG Key concern was margins, topline was healthy

@EquityInsightss What do you think about Q4 results of PNGJL? Is the management is trustable or not ??

Strong Set from Sheela Foam👍 Had been a huge underperformer, Stock is still down 70% from ATH Both Wakefit & Sheela Foam in double digits today ✅ Margin expansion+ de-leveraging story

Thangamayil Strong set : PE reduces to 32x Key difference b/w PNG & Thangamayil is margins

@PavanMorishetty Yes

@EquityInsightss Even oil is also boiling

@SabatAnilkumar everything combined

@EquityInsightss Is it only Dhan account ? Or across brokers ?

MTF book hitting record highs ! At 1,22,525 Cr as of 12'May >1000 Cr exposure in HDFC Bank, Jio Fin, Infy, SBI, TCS, Reliance, ITC, Dixon, Eternal.

@NSuresh_ECW 💯

@EquityInsightss In IT i would be bullish only as midcap IT names...only they been showing high growth and so they are the good buys and knows how to navigate crises due to AI or even GCC's Large cap IT is dead

If one wants to be contrarian in IT after the recent sell-off, the key point is that the market is currently not differentiating much. Correction has been across the board. Some correction was also necessary. It forces companies to realise that the old way of operating may not work anymore. They need to evolve faster, especially with AI. If someone wants to take IT exposure purely as a contrarian bet, I would still prefer midcap IT over largecap IT. In Midcap IT, there are a few better choices like - Persistent Systems, Coforge, LTIMindtree, Mphasis Among these, considering execution track record, management commentary & future outlook : Persistent Systems & Coforge seems to be better placed. Their concalls were also worth listening to, as management shared a lot of useful insights on demand, deal wins, AI adoption, vertical wise growth & future outlook. The interesting part is that price action in IT stocks is now making many of them look more like yield plays than growth stocks, especially in largecap IT. With valuations correcting & FCF yields moving closer to 7-8%, markets are almost treating them like bonds. Now coming to ITBEES - ITBEES can be a decent way to take broad exposure to the IT sector, but it comes with one limitation. It is heavily tilted towards largecap IT names. So if the view is simply that the entire IT sector is oversold & should see mean reversion, then ITBEES can work. But if the view is that midcap IT will continue outperforming largecap IT, then ITBEES may not be the best way to express that view. Because ITBEES will mainly give exposure to Infosys, TCS, HCL Tech, Tech Mahindra & Wipro, with limited weight to midcap names. What are your thoughts, mention below⏬

@prateek_madaan1 Yes😂

@EquityInsightss Persistent and Coforge are the best ones. Same views. Others are shit. The guidance of biggies make me laugh. 😂 No reco.

Can be checked here scanx.trade/insight/mtf-in…

@Bullcannon13 👍🙏

@EquityInsightss Your tweet saved me.... took exit at 7000.

Such was the euphoria for Kaynes back then🙃 On top of that they have missed the guidance by a big margin OCF continues to be negative Stock is down 55% from ATH

@RangwaniKu2526 You must be happy that you booked gains here you can't sell at the top.

@EquityInsightss I sold at 5750 thinking that valuation is high after selling it is 28% up. In this situation what to do 🥲

Happy for everyone who made money here in MTAR But fundamentally, valuations are now off the charts In the short term, valuations doesn't matter much when momentum is strong But over the long term, markets do take note of valuations We have already seen multiple eg where expensive stocks kept moving for some time, but once growth expectations cooled off, the correction was brutal At high valuations, even a small disappointment in numbers, margins or guidance can lead to sharp derating Trailing such positions is the better approach Otherwise, history has shown that the end result in highly expensive stocks is usually not good when expectations become unrealistic

@vamsi_sistla yes

@EquityInsightss They should consider stock markets too.. it's bad too have huge taxes on long term investment in growing economy.

Finally Government waking up !!

@microcp2mltibgr 🙃

@EquityInsightss They will sell and exit without paying taxes or less taxes