Amnish Aggarwal of Prabhudas Lilladher notes that metal stocks have rallied due to raw material price benefits, not volume growth. While safeguard duties offer price support, future returns may be moderate. MNC stake dilutions in Indian ventures are driven by valuation differences and commitment levels, with reductions below 51% potentially signaling reduced interest.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore