cyclical sectors

Anand Shah on why he remains positive on metal pack, manufacturing

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Anand Shah on why he remains positive on metal pack, manufacturing

Anand Shah, CIO- PMS & AIF Investments, ICICI Prudential AMC, says global ferrous metal profitability remains muted due to strong Chinese exports, pressuring steel company earnings worldwide. Despite this, there’s optimism for margin recovery in select chemicals and metals sectors, driven by attractive valuations and potential earnings growth. While positive on manufacturing, particularly defense and … Read more

Chakri Lokapriya on 3 factors responsible for market’s underperformance

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Chakri Lokapriya on 3 factors responsible for market’s underperformance

“It has been a difficult market. We have raised more cash. We are sitting at about probably 7% cash. And so what we have done is basically lowered down some of the cyclical sectors, global sectors that is metals,” says Chakri Lokapriya, CIO & MD, TCG AMC.It is a market which is giving everybody a … Read more