US imposition of a 125.87% countervailing duty on Indian solar modules is set to impact domestic companies by potentially lowering module prices. Exporters may redirect unsold inventory to India, while companies like Waaree Energies are strengthening US manufacturing to mitigate the effects. The duty erodes future revenue visibility for Indian manufacturers targeting the US market.
Dipan Mehta bets on NBFCs, says cleaned-up books signal fresh upside
Dipan Mehta of Elixir Equities offers a selective outlook, favoring NBFCs and pharma while cautioning on metals and avoiding certain largecaps. He sees strength in