Strong balance sheet is needed to survive in industries mauled by the pandemic. Several mid-cap companies sector leaders from relatively smaller industries—are still quoting at reasonable prices and therefore, offer good investment opportunities.
The Covid-induced lockdown is being relaxed in India, even as the number of cases is rising. Easing of restrictions has helped large companies restart production, with most working at 80% capacity utilisation levels. However, small and medium enterprises are still dogged by problems. While this is bad news at the broader economic level, it has resulted in market share gain
capitalise on growth recovery,” says a recent Centrum report. IndiGo is also taking cost reduction and liquidity improving measures like pay cuts, cut in discretionary expenses, deferring capex plans, replacement of fleets with high operating costs, deferring dividend payouts, etc. Index values normalised to a base of 100. Compiled by ETIG Database. Source: Bloomberg(Graphics by Abdul Shafiq/ET Prime)