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Brief India: Asian Alpha Hedge Portfolio (March, 2026) and more
In this briefing: Asian Alpha Hedge Portfolio (March, 2026) SBI Funds Management IPO: Does Market Leadership Translate into Premium Growth? Air Turbine Fuel(ATF): What New Fuel Rules Mean for Indian Airlines? The Piping Specialist: Dee Development Engineers Limited Primer: Visaka Industries (VSKI IN) - Apr 2026 1. Asian Alpha Hedge Portfolio (March, 2026) The Asian Alpha Hedge Portfolio performance in 1Q26 was +17.83% versus its benchmark performance of +1.79% for an outperformance of 16.04%. Over the last year, AAHP's Sharpe ratio is 4.39 with a mean excess annualized return of 69%. The portfolio has a gross and net exposure of 132% and +30%, respectively. The war has changed outlooks for economies and markets in the region. Accordingly, we reduced risk in the portfolio and adjusted our long/short exposures to reflect this new reality. 2. SBI Funds Management IPO: Does Market Leadership Translate into Premium Growth? SBI Funds Management is coming to market via a 100% Offer for Sale of ~20.37 crore shares , with no fresh capital raise.
cityfalcon.com
Brief India: Asian Alpha Hedge Portfolio (March, 2026) and more
In this briefing: Asian Alpha Hedge Portfolio (March, 2026) SBI Funds Management IPO: Does Market Leadership Translate into Premium Growth? Air Turbine Fuel(ATF): What New Fuel Rules Mean for Indian Airlines? The Piping Specialist: Dee Development Engineers Limited Primer: Visaka Industries (VSKI IN) - Apr 2026 1. Asian Alpha Hedge Portfolio (March, 2026) The Asian Alpha Hedge Portfolio performance in 1Q26 was +17.83% versus its benchmark performance of +1.79% for an outperformance of 16.04%. Over the last year, AAHP's Sharpe ratio is 4.39 with a mean excess annualized return of 69%. The portfolio has a gross and net exposure of 132% and +30%, respectively. The war has changed outlooks for economies and markets in the region. Accordingly, we reduced risk in the portfolio and adjusted our long/short exposures to reflect this new reality. 2. SBI Funds Management IPO: Does Market Leadership Translate into Premium Growth? SBI Funds Management is coming to market via a 100% Offer for Sale of ~20.37 crore shares , with no fresh capital raise.
cityfalcon.com
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Brief India: Air Turbine Fuel(ATF): What New Fuel Rules Mean for Indian Airlines? and more
In this briefing: Air Turbine Fuel(ATF): What New Fuel Rules Mean for Indian Airlines? The Piping Specialist: Dee Development Engineers Limited Primer: Visaka Industries (VSKI IN) - Apr 2026 Primer: Dwarikesh Sugar (DSIL IN) - Apr 2026 Primer: Kauntam Papers (KAUN IN) - Apr 2026 1. Air Turbine Fuel(ATF): What New Fuel Rules Mean for Indian Airlines? On April 1, 2026, OMCs spiked ATF prices by 114%, but management cheered a government shield limiting domestic airline cost increases to just 25%. This critical intervention saved InterGlobe Aviation Ltd (INDIGO IN) from the full market rate of INR 207 per litre, limiting their quarterly fuel cost increase. While the policy provides a vital near-term lifeline, the long-term outlook depends on stabilizing crude prices and managing the persistent rupee depreciation headwinds. 2. The Piping Specialist: Dee Development Engineers Limited Dee Development posted 77% YoY Revenue jump in Q3 FY26 , commissioned its New Seamless Pipe Plant in March 2026 & Crossed Rs 1,913 crore in FY26 order inflows through February.
cityfalcon.com
Brief Equities Bottom-Up: The Piping Specialist: Dee Development Engineers Limited and more
In this briefing: The Piping Specialist: Dee Development Engineers Limited Primer: Mitsubishi Logisnext Co., Ltd. (7105 JP) - Apr 2026 Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Primer: Meritz Securities (008560 KS) - Apr 2026 Primer: Visaka Industries (VSKI IN) - Apr 2026 1. The Piping Specialist: Dee Development Engineers Limited Dee Development posted 77% YoY Revenue jump in Q3 FY26 , commissioned its New Seamless Pipe Plant in March 2026 & Crossed Rs 1,913 crore in FY26 order inflows through February. Anjar’s 30,000 MTPA fabrication unit & 7,000 MTPA Seamless Pipe Plant are now fully operational, with the First Seamless Pipe Order of 58 Crore already secured in Feb 26. Backward integration eliminates 100% import dependency on thick wall seamless pipes, improving gross margins while unlocking 450 crore peak revenue opportunity. 2. Primer: Mitsubishi Logisnext Co., Ltd. (7105 JP) - Apr 2026 Mitsubishi Logisnext is a major global player in the material handling equipment market, ranked among the top five suppliers worldwide, offering a comprehensive portfolio of forklifts, warehouse equipment, and automated solutions.
cityfalcon.com
Brief Equities Bottom-Up: Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 and more
In this briefing: Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Primer: Meritz Securities (008560 KS) - Apr 2026 Primer: Visaka Industries (VSKI IN) - Apr 2026 Primer: Dwarikesh Sugar (DSIL IN) - Apr 2026 Primer: Kauntam Papers (KAUN IN) - Apr 2026 1. Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Dominant Market Leader with Scale Advantage: Foshan Haitian is the undisputed leader in China's condiment market, with a market share in soy sauce nearly triple its closest competitor. Its immense production scale and extensive distribution network, reaching nearly all prefecture-level cities, create a significant cost advantage and a wide competitive moat. Shifting Focus to Premiumization and Diversification: In response to evolving consumer preferences for healthier options, the company is strategically pivoting towards higher-margin, zero-additive, and premium product lines. Growth is also being driven by expansion into adjacent categories like vinegar, cooking wine, and compound seasonings, which are forecast to grow at a double-digit CAGR.
cityfalcon.com
Brief Growth Ideas: Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 and more
In this briefing: Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Aequitas: Gpixel Pre-IPO - A Clear Picture Of Volume-Led Growth Primer: Meritz Securities (008560 KS) - Apr 2026 Aequitas: Huaqin A/H Listing - PHIP Update - 2H25 Top Line Deceleration, Gross Margins Pressured Primer: Visaka Industries (VSKI IN) - Apr 2026 1. Primer: Foshan Haitian Flavouring & Food (603288 CH) - Apr 2026 Dominant Market Leader with Scale Advantage: Foshan Haitian is the undisputed leader in China's condiment market, with a market share in soy sauce nearly triple its closest competitor. Its immense production scale and extensive distribution network, reaching nearly all prefecture-level cities, create a significant cost advantage and a wide competitive moat. Shifting Focus to Premiumization and Diversification: In response to evolving consumer preferences for healthier options, the company is strategically pivoting towards higher-margin, zero-additive, and premium product lines. Growth is also being driven by expansion into adjacent categories like vinegar, cooking wine, and compound seasonings, which are forecast to grow at a double-digit CAGR.
cityfalcon.com
Brief Growth Ideas: Aequitas: Huaqin A/H Listing - PHIP Update - 2H25 Top Line Deceleration, Gross Margins Pressured and more
In this briefing: Aequitas: Huaqin A/H Listing - PHIP Update - 2H25 Top Line Deceleration, Gross Margins Pressured Primer: Visaka Industries (VSKI IN) - Apr 2026 Primer: Dwarikesh Sugar (DSIL IN) - Apr 2026 Primer: Kauntam Papers (KAUN IN) - Apr 2026 Primer: Premier Polyfilm (PRPF IN) - Apr 2026 1. Aequitas: Huaqin A/H Listing - PHIP Update - 2H25 Top Line Deceleration, Gross Margins Pressured Huaqin Technology (603296 CH) now aims to raise up to US$1bn in its H-share listing. It is a global leading, technology-driven smart product platform providing end-to-end solutions across the entire value chain, including R&D, design, manufacturing, and operations. We have looked at the firms' past performance in our previous note. In this note, we talk about the PHIP updates. 2. Primer: Visaka Industries (VSKI IN) - Apr 2026 Visaka Industries is a diversified building materials and synthetic yarn manufacturer in India, with an established presence in cement roofing and a growing focus on sustainable products like fiber cement boards and solar roofs.
cityfalcon.com
Brief Equities Bottom-Up: Primer: Visaka Industries (VSKI IN) - Apr 2026 and more
In this briefing: Primer: Visaka Industries (VSKI IN) - Apr 2026 Primer: Dwarikesh Sugar (DSIL IN) - Apr 2026 Primer: Kauntam Papers (KAUN IN) - Apr 2026 Primer: Premier Polyfilm (PRPF IN) - Apr 2026 Primer: Avt Natural Products (AVTH IN) - Apr 2026 1. Primer: Visaka Industries (VSKI IN) - Apr 2026 Visaka Industries is a diversified building materials and synthetic yarn manufacturer in India, with an established presence in cement roofing and a growing focus on sustainable products like fiber cement boards and solar roofs. The company's financial performance has been under pressure, with declining revenues and profitability in recent fiscal years, primarily due to rising raw material costs and a slowdown in demand. Future growth is contingent on the successful ramp-up of its V-next fiber cement boards and ATUM solar roofing products, which are positioned in higher-growth segments, and a recovery in the synthetic yarn business. This content is AI-generated and displayed for general informational purposes only.
cityfalcon.com
Brief India: Primer: Visaka Industries (VSKI IN) - Apr 2026 and more
In this briefing: Primer: Visaka Industries (VSKI IN) - Apr 2026 Primer: Dwarikesh Sugar (DSIL IN) - Apr 2026 Primer: Kauntam Papers (KAUN IN) - Apr 2026 Primer: Premier Polyfilm (PRPF IN) - Apr 2026 Primer: Avt Natural Products (AVTH IN) - Apr 2026 1. Primer: Visaka Industries (VSKI IN) - Apr 2026 Visaka Industries is a diversified building materials and synthetic yarn manufacturer in India, with an established presence in cement roofing and a growing focus on sustainable products like fiber cement boards and solar roofs. The company's financial performance has been under pressure, with declining revenues and profitability in recent fiscal years, primarily due to rising raw material costs and a slowdown in demand. Future growth is contingent on the successful ramp-up of its V-next fiber cement boards and ATUM solar roofing products, which are positioned in higher-growth segments, and a recovery in the synthetic yarn business. This content is AI-generated and displayed for general informational purposes only.
cityfalcon.com
Smartkarma | Primer: Visaka Industries (VSKI IN) - Apr 2026
» Smartkarma / by αSK / Equity Bottom-Up Visaka Industries is a diversified building materials and synthetic yarn manufacturer in India, with an established presence in cement roofing and a growing focus on sustainable products like fiber cement boards and solar roofs. The company's financial performance has been under pressure, with declining revenues and profitability in recent fiscal years, primarily due to rising raw material costs and a slowdown in demand. Future growth is contingent on the successful ramp-up of its V-next fiber cement boards and ATUM solar roofing products, which are positioned in higher-growth segments, and a recovery in the synthetic yarn business. This content is AI-generated and displayed for general informational purposes only. Please verify independently before use. » Get straight to the source on Smartkarma.
cityfalcon.com
Telangana HC upholds Rs 26 crore arbitral award in favor of Visaka Industries, dismisses Hyderabad Cricket Association (HCA) appeal
The Telangana High Court dismissed an appeal by the Hyderabad Cricket Association (HCA), upholding an arbitral award of approximately Rs 26 crore in favor of Visaka Industries. The court found no evidence of undue influence in the original agreement, which granted Visaka exclusive advertising rights at the Uppal stadium.
cityfalcon.com

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