Acquisitions, margin focus put RHI Magnesita India in sweet spot

Acquisitions, margin focus put RHI Magnesita India in sweet spot

ET Intelligence Group: Austria-based RHI Magnesita, the world’s largest supplier of refractories, is looking to raise capital in its Indian subsidiary to fund expansion and upgrade the recently acquired assets in India. It acquired refractory makers Dalmia OCL and Hi-Tech Chemicals in the December quarter, tripling its capacity to nearly 500,000 tonnes.These developments are positive … Read more

ETMarkets Fund Manager Talk: Buying growth sector stocks, low-risk ETFs is this smallcase manager’s investment tip for 2023

ETMarkets Fund Manager Talk: Buying growth sector stocks, low-risk ETFs is this smallcase manager’s investment tip for 2023

There’s expectations that Indian equities will witness a bull rally in 2023 amid strong foreign fund flows. With the aim of maximising potential returns while minimising risks, buying stocks with a high margin of safety, low earnings multiples, and stable business growth is the investment tip by Mayank Mehraa, a smallcase manager and principal partner … Read more