Enough steam left in speciality chemical stocks for 3 years
SECTIONS
Last Updated: May 05, 2021, 07:39 PM IST
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ETMarkets.com
In an interview with ET Now, Nitin Raheja, Co-Founder, AQF Advisors, explains why he is so bullish on the speciality chemicals space for the next three years despite the recent rally. Edited excerpts:
What is the outlook when it comes to the entire metal basket? Where is it that you believe there is still opportunity or do you believe that most of these metals names have run their course?
If you look at the whole metal basket, the rerating story is over. What you are now going to see is more of a growth based story. Given the fact that the cost of production of steel has gone up in China due to environmental norms, the duties on Chinese steel and the focus on infrastructure, steel will continue to do well for the next few years. Some large integrated steel players are going to be the beneficiaries.
India s Hero Cycles taps its global aspiration with London
Image by Michael Gaida from Pixabay
India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide.
The new HQ will unify HMC-owned European businesses, including HNF GmbH in Germany and Insync Bikes in UK, as part of a long-term vision to grab an increasing share in the lucrative e-bike market growing at an exponential pace in Europe.
India s Hero Cycles to set up new global hub in London
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Last Updated: Mar 16, 2021, 11:04 PM IST
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India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
Agencies
India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide.
Read more about India s Hero Cycles to set up new global hub in London to expand footprint on Business Standard. The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide