Saving grace came in the form of the 33 QIPs this calendar year, which saw Rs 31,684 crore being raised from institutional investors, the highest in 5 years, accounting for 81 percent of the total amount mobilized this year, says Pranav Haldea, managing director, PRIME Database.
Dhiraj Sachdev, HSBC Asset Management told CNBC-TV18 that he is positive on tyre companies and expects them to benefit from falling rubber prices.