A lot of the discussion around ARM today centers on its ~18% China revenue exposure (mostly royalty revenue through licensees like Samsung and SK Hynix). Ran the EPS sensitivity instead of just looking at the headline percentage: a 10% cut to that China revenue only moves EPS by about $0.01. The royalty/licensing model has enough operating leverage that revenue shocks don't translate 1:1 into earnings hits.

HPE was up almost identically (+10.0%) the same session, which points more toward broad tech/infra rotation than an ARM-specific catalyst. The AI infrastructure and custom silicon design-win narrative ("physical AI buildout" robotics, edge, data centers) is getting cited as the underlying driver.

Full writeup: https://metricshour.com/briefs/2026-07-10/

Curious if others are seeing the same EPS math or reading the exposure risk differently.

I've spent the last few months digging through annual reports, earnings call transcripts, investor presentations, and exchange announcements from Indian listed companies.

One thing became obvious...

Everything is technically "public," but almost none of it is actually usable.

Want to know every company talking about AI adoption?

Good luck.

Want every management commentary about data centers over the last 5 years?

You'll be opening hundreds of PDFs.

Want to compare CapEx guidance across an entire sector?

Hope you have an entire weekend free.

That got me thinking...

What if someone built a structured database instead of just storing documents?

Imagine being able to ask questions like:

"Show every company that mentioned data centers in the last 8 quarters."

"Which companies warned about margin pressure before their stock fell?"

"Find all management teams increasing CapEx while guiding higher earnings."

"Which pharma companies mentioned USFDA inspections this quarter?"

Not AI hallucinations.

Not another stock screener.

Just structured, searchable intelligence built from public company disclosures.

I'm genuinely curious...

Would this actually be useful to anyone?

If you're a:

Developer

Quant

Analyst

Wealth manager

Fintech founder

Researcher

Investor

Would you or your company pay for something like this?

Or is this one of those ideas that sounds amazing until you ask real people?

I'd love brutally honest feedback.

If you think it's useless, tell me why.

If you think it's valuable, I'd love to know:

What would you use it for?

Which data would be most valuable?

What would you expect to pay for something like this?

₹9.25 lakh crore

That's how much money now sits in REITs and InvITs in India (as of June 2026). Seven years ago, this market barely existed.

Chances are you've never held either or you have, through a mutual fund, and had no idea.

So what actually are these things? 👇

REITs (Real Estate Investment Trusts)

• You buy units. The trust buys the buildings.
• Owns income-generating real estate = office parks, business parks, shopping malls.
• The income primarily comes from rent.
• You're basically a landlord who never has to fix a leaky tap.

InvITs (Infrastructure Investment Trusts)

• An InvIT follows the same structure, but owns infrastructure assets instead.
• Think power transmission lines, toll roads, renewable energy assets, or telecom towers.
• The income comes from tariffs, toll collections, or long-term usage contracts.
• You're basically a toll booth operator who never has to stand in the sun.

Why do these even exist?

Because owning commercial real estate or infrastructure traditionally required crores of rupees.

REITs and InvITs break those assets into small, listed units that anyone can invest in. You can own a slice of an office park for the price of a nice dinner.

By regulation, both REITs and InvITs distribute at least 90% of their net distributable cash flows to investors.

That makes them popular with investors looking for regular income.

The Biggest Difference?

The biggest difference isn't the structure. It's where the cash comes from.

• A REIT's income depends on how full its buildings are (Occupancy Rate).
• An InvIT's income depends on how much traffic crosses its roads or power flows through its lines (Utilization Rate).
• One's a landlord. One's a toll collector. Neither one fixes potholes.

	REIT	InvIT
Owns	Office buildings	Power lines, roads, towers
Earns from	Rent, occupancy	Tariffs, tolls, usage fees
Grows via	New leasing, acquisitions	Winning new project bids
Main risk	Vacancy, rent cycles	Regulatory resets, contracts

Examples

🏢 Embassy REIT (India's first, biggest office REIT in Asia by area)

• 14 office parks, 51.1 million sq ft, across Bengaluru, Mumbai, Pune, NCR, Chennai
• ~91% occupancy but not evenly: Mumbai's at 100%, Bengaluru at 92%
• Distribution yield ~5.7–6%
• Occupancy gap is the risk. A REIT's income can swing park by park, city by city.

🛣️ IndiGrid (India's first power-sector InvIT)

• 45 projects: transmission lines, substations, solar, and battery storage
• Distribution yield ~9–11% - noticeably higher than Embassy's
• That extra yield isn't free (We'll unpack a real example of this going wrong in Post 3.)

Quick scoreboard, mid-2026:

• 4 listed REITs:
  • Embassy
  • Mindspace
  • Brookfield India Real Estate Trust
  • Nexus Select Trust
• 5 listed InvITs:
  • IndiGrid
  • PowerGrid InvIT
  • IRB InvIT
  • Indus Infra Trust
  • Capital Infra Trust

The easiest way to remember it?

Rent = REIT.

Roads, power lines and tariffs = InvIT.

Once you understand where the cash comes from, the rest starts to make sense.

💬 Which "engine" would you rather own - office buildings at ~6% yield, or toll roads and power lines at ~10%? And why?

Part 1 of our REITs & InvITs series, next up: how the income gets taxed, component by component.

Wti crudeoil up 3% in futures, us continues strikes on iran, nor do iran plans to stop attacks on vessels

Nifty likely to open below 24000

https://preview.redd.it/jshpxbjd8rch1.png?width=406&format=png&auto=webp&s=c1f660cc92453763d2be0a30bb3e8eb0d36d7a0e

Aditya Birla Group just made a massive move by signing a deal to buy Sprng Energy from Shell for 1.8 billion dollars. What makes this really interesting is how quickly Shell is flipping this asset. They only bought Sprng back in late 2022 for 1.55 billion, so they are walking away with a decent premium after just a few years. It looks like another clear step in Shell's broader strategy to pull back on capital-intensive green energy assets and refocus on their core oil and gas businesses.

For the Birla Group, this is an absolute game-changer. Sprng adds about 5 gigawatts of solar and wind capacity to their books, which immediately doubles their total renewable portfolio from 4.4 gigawatts to over 9 gigawatts. They are backing this acquisition with a mix of debt and equity, bringing in BlackRock's Global Infrastructure Partners to help fund the transition. Now that they have basically hit their original scale targets overnight, they have already reset their roadmap to chase over 20 gigawatts in the next few years.

I’m considering allocating 10% of my overall portfolio to the Groww BSE Power ETF as a long-term bet on India’s power sector.

My investment thesis is that India’s electricity demand is likely to grow over the next couple of decades due to industrialization, manufacturing, EV adoption, data centers, renewable energy expansion, and rising power consumption.

I’m already well diversified across broad-market mutual funds, so this would simply be a sector allocation.

For those who have researched or invested in this ETF:
Do you think it offers good long-term exposure to India’s power story?
Is it a reasonable way to participate in the sector without picking individual stocks?
Are you investing in it as well, or planning to?

Would love to hear your views and any insights from people following the Indian power sector.

Is a gap down opening confirmed for tomorrow ? Considering US Iran tensions?