CAPM
Capital Asset Pricing Model
Risk & PortfolioA model that describes the relationship between systematic risk and expected return, used to price risky securities.
Formula
E(Ri) = Rf + βi × (Rm - Rf)
Why it matters
Helps calculate required rate of return for investments. Foundation of modern portfolio theory.
Indian example
Related terms
Learn the concept
Mutual funds, ETFs, AIFs →From the research
Valuation
A Comparative Financial Analysis of Three Listed Companies
Three IT services leaders, five years of numbers: similar growth, very different margins and returns on capital, and their October 2026 valuations.
MarketsIPO Issue Price vs. Listing Price vs. Subsequent Performance
Seven of India's most talked-about IPOs since 2021, tracked from issue price to listing to October 2026. Buying on listing day lost money in six of seven.
ValuationPaytm: Valuing a Company With No Clean Comparable
Paytm is part payments processor, part device business, part loan distributor. Why no single peer fits, and how to value it in parts and in reverse.