Waves in Investing
Exploring the quiet waves in Prostarm Info Systems & BESS | Issue #13
Some waves are hype.
Some are slow-burns.
Some simply wash up on shore and fade away.
Others remake the coastlines permanently.
More on waves soon.
Have you read the Bhagwad Gita?
Don’t worry, I am not asking to embarrass you. :)
I have not read it. So we are friends. Right?
Ok. Have you read this particular part?
कालोऽस्मि लोकक्षयकृत् प्रवृद्धो
लोकान्समाहर्तुमिह प्रवृत्तः
(Bhagavad Gita, Chapter 11, Verse 32)
Translating it to Hindi first:
मैं काल हूँ, जो संसारों का संहार करने के लिए आगे बढ़ा है।
इस समय, मैं इन लोकों का विनाश करने में प्रवृत्त हुआ हूँ।
Hang on!
Here comes the English version:
"Now I am become Death, the destroyer of worlds."
Does it ring a bell?
Waves
Yes, this is where I heard about that Bhagwad Gita verse for the first time. But why are we talking about Oppenheimer when we want to talk about waves and Prostarm and BESS?
The answer lies in the first 30 seconds of this 2-minute clip.
In Oppenheimer, there’s a moment when science and consequence collide, not just with a bang, but with a wave.
The shockwave of a bomb. The ripple of an idea. The invisible radiation of discovery.
Waves, whether in physics, morality, or history, carry energy forward. They move through space, through time, and us.
They shape what follows.
And more often than not, they do so quietly.
Waves in Physics
Physics doesn’t just describe waves; it depends on them.
Electromagnetic waves carry energy across space without a medium. Radio signals, X-rays, and visible light, each unseen until they hit something. Like innovations, they’re silent until absorbed.
Standing waves occur when energy appears to be trapped, vibrating in place, outwardly still.
In stock markets, this is how hidden demand builds until the breakout. Boom!
A tsunami begins with a subtle shift deep under the sea. Quiet at first. It becomes destructive only when it nears the shore. Many great shifts in society start this way, modest signals before massive disruption.
Waves don’t just move.
They evolve, collide, reinforce, and eventually disappear.
Waves in Nature & History
Nature is governed by wave-like rhythms.
Ocean tides, pulled by the moon, are the most ancient and dependable waves we know. Quiet, slow, and utterly unstoppable.
Seismic waves travel invisibly through the Earth, storing energy for decades before they’re felt. Entire histories have shifted on the back of those delayed tremors.
Cultural and political waves, from the Enlightenment to the Civil Rights Movement to Digital Globalization, each began in small corners before transforming how societies think and function.
Some waves crash. Some keep rising.
Some disappear before they’re ever recognized.
Waves in the Stock Market
Markets, too, move in waves.
Some call them “cycles,” but cycles imply repetition.
Waves are more unpredictable. They come in swells: some regular, some rogue.
Over the past few decades, Indian investors have surfed many such waves:
The Liberalization Wave in the 1990s
The Real Estate & Infra Wave of 2003–2008
The Consumption Wave from 2014–2017
The New Age Tech & IPO Wave of 2020–2021
The Electric Vehicle (EV) Wave, which lifted everything from Tata Motors to Exide
The Solar Wave, where stocks like Waaree Renewables saw vertical takeoffs
Some of these waves were followed by crashes. Others by consolidation. A few evolved into secular trends.
What Makes a Wave Worth Riding?
Not every ripple is a revolution. Momentum alone doesn’t mean meaning. Speed doesn’t imply sustainability. And not all waves are visible when they begin. The most powerful ones often look slow at first, until they reshape the shoreline.
In investing, it’s tempting to chase what’s already moving. But the deeper insight lies in observing what’s building, below the surface, behind policy decisions, beneath infrastructure build-outs.
Recognizing a wave before it breaks? That’s foresight.
Riding it well? That’s discipline.
Today’s Silent Wave: Battery Energy Storage
We’ve seen the EV wave.
We’ve watched the solar wave.
And now, a quieter wave is building.
Battery Energy Storage Systems (BESS).
Driven by grid instability, renewable penetration, and policy mandates, India’s BESS capacity is projected to grow from less than 0.2 GW today to over 66 GW by FY32.
The government is stepping in with ₹5,400 Cr of Viability Gap Funding, ISTS(Inter-State Transmission System Waivers, and a 50 GWh production-linked incentive scheme.
Most people aren’t watching this yet.
But a few companies are quietly building for it.
Do you know who they are?
Exploring the quiet waves in Prostram & BESS
Some waves are hype.
Some are slow-burns.
Some just wash up on shore and fade.
Others remake the coastlines permanently.
The real opportunity is not in following waves, but in noticing them before others do. One such wave may be forming in India’s energy infrastructure space.
A company like Prostarm Info Systems, with early BESS orders and a 1.2 GWh manufacturing facility underway, may just be positioning for it.
Not much is available in the public domain to read about this quiet wave. That’s how most waves warm up. Isn’t it?
With whatever I could gather, I wrote about this wave here.
Concluding thoughts
Famous Vipasana Guru, Mr. S. N. Goenka ji, talked about waves in such a simple and profound way several decades ago.
“Every wave of sensation shares the same characteristic: it arises and passes away, arises and passes away. It is this arising and passing that we have to experience.”
Don’t you think, as investors, you and I are also supposed to do the same thing?
See a particular sector’s wave arise and pass away.
Arise and pass away. We participate in some, we miss some.
But can we ever take our eyes completely off any wave?
Thanks for reading!
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