Part II: Beaten-down sectors: Multibaggers for the braveheart?
For investors with patience to wait, we are recommending some high quality companies that can tide themselves over the storm on the strength of their balance sheets and leadership position
September 01, 2020 / 10:02 AM IST
PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook
Amid the pandemic, it is not unnatural to assume that people may never travel freely again, thereby spelling doom for any industry remotely linked to travel. While this worry may lurk in mind, this crisis too shall pass and a time will come when corona will be seen as a distant nightmare. By then, the stocks of the so called troubled sectors will perhaps regain their pre-pandemic appeal, thereby making it a lost opportunity for investors.
For investors with patience...