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Money by Ash is two things in one place: a hands-on course that teaches you to invest with confidence, and free, institutional-grade equity research so you have real companies to practise on.
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The 12-module interactive course that takes you from “scared of the stock market” to a repeatable investing process — 15 minutes a day, real data, zero jargon.
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Free, institutional-grade equity research — no paywall.
API Holdings
API Holdings is now debt-free. The ₹1,050 Cr NCDs were redeemed in full on 14 August and the entire Thyrocare pledge was released by 17 August. This is a genuine, material de-risking. But it was funded by selling 9.90% of Thyrocare for ~₹986 Cr, so at the enterprise level it is close to value-neutral — an asset was exchanged for a liability at roughly fair value. What improved is survival risk, not intrinsic value.
Published 20 August 2026
Dixon Technologies (India) Ltd
India's largest listed electronics manufacturing services (EMS) player, covering contract manufacturing across mobiles, consumer electronics, and appliances. Classified a quality compounder trading around base-case fair value as at 16 July 2026.
Published 16 July 2026
Landmark Cars
Landmark is India's leading premium/luxury auto retailer — Mercedes-Benz's largest dealer partner plus Honda, Jeep, Renault, VW, Kia, MG, BYD, Mahindra and Ashok Leyland CV — and it has just exited a four-year investment cycle in which it grew its outlet network ~25% while profits collapsed under the resulting overheads (PAT: ₹85 Cr FY23 → ₹17 Cr FY25).
Published 4 July 2026
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Money by Ash is an independent investing education and research project run by Ash, based in Sydney. No AFSL, no stock tips, no hype — just a course that teaches you to think for yourself, and research built on one framework, applied the same way every time.
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