The SEBI-FMC Merger!
Shares of paper companies, ignored for long, were suddenly in demand on Wednesday as investors are betting that the sector may be re-rated following International Paper’s acquisition of Andhra Pradesh Paper Mills.
The whopping rise in rubber prices is set to deflate the earnings of tyre companies. After the stock prices registered a fall, these companies looked reasonably priced and offered an investment opportunity with an upside potential of 15-25% in 12 months time.