Abhay Agarwal, Founder & Fund Manager, Piper Serica, says the markets are eagerly awaiting a resolution to the US president’s tariff disputes, as the daily threats are impacting Indian industries. Order cancellations from US buyers in sectors like textiles and auto ancillaries are already occurring due to tariffs. A sustainable resolution is crucial to restore … Read more
“We expect that while the intensity of downgrades will not be as high because this time the expectations are not as high, still there will be further downgrades,” says Abhay Agarwal, Founder & Fund Manager, Piper Serica.What is the expectations from these two mega events earnings and budget?Abhay Agarwal: On the earnings side, we are … Read more
Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more