Even if you see some element of volume happening, the LME pricing is not supportive at all and because of that the entire operating leverage might not get played out.
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and
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