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TRIAM TMT Bar Price
TMT Bar Price
TMT Bar Price
MATERIAL - SIZE IN MM
PER UNIT PRICE (INR) FOR WEST BENGAL
PER UNIT PRICE (INR) FOR NORTH EAST INDIA
8 mm TMT Bar Fe 550D
325
365
10 mm TMT Bar Fe 550D
495
555
12 mm TMT Bar Fe 550D
715
800
16 mm TMT Bar Fe 550D
1265
1425
20 mm TMT Bar Fe 550D
1980
2225
25 mm TMT Bar Fe 550D
3095
3475
* TMT Bar FOR Prices are applicable with effect from 1st May 2023. * Prices are including GST. * Each piece of TMT Rebar is of 12 meters fixed length. * TMT Bar Price are subject to change and may be updated from time to time. * T&C applicable.
Our Website Visit: https://triamtmt.com/tmt-bar-price/
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Tata Rod Price: A Guide to Understanding the Costs and Market Factors
When it comes to construction, whether for residential, commercial, or industrial purposes, one of the most important materials is steel reinforcement bars, commonly known as Tata rods. These steel rods are crucial for providing structural strength and support to buildings, roads, and other infrastructure projects. Tata rod price is a key consideration for contractors, builders, and even homeowners looking to embark on construction projects, as it directly impacts the overall cost of building.
Tata Steel, one of the largest steel manufacturers in India, has long been a trusted name in the steel industry. Known for producing high-quality steel rods, Tata Steel’s products are widely used in the construction sector. In this article, we will explore the factors that influence the Tata rod price, the different types of Tata rods available, and how buyers can make informed decisions about purchasing these essential construction materials.
Understanding Tata Rod Price
The tata rod price is influenced by various factors that affect the production and availability of steel rods. These factors can be both global and local in nature, and understanding them is crucial for anyone purchasing Tata rods for construction purposes. Some of the key factors influencing Tata rod pricing include:
1. Raw Material Costs
The primary component in the production of steel rods is iron ore, along with other raw materials like coal, scrap metal, and limestone. These materials are subject to fluctuations in global prices. When the price of iron ore or coal rises due to supply shortages or increased demand, steel producers like Tata Steel face higher production costs, which often leads to an increase in the Tata rod price.
2. Manufacturing Process
The process of manufacturing Tata rods also impacts their final price. Steel rods are produced through a series of steps that include melting the raw materials, refining the steel, and shaping it into rods. The level of technology used, the type of steel, and the amount of processing required can all contribute to variations in pricing.
3. Market Demand and Supply
Another factor affecting the Tata rod price is market demand. The construction industry is highly cyclical, with demand for building materials rising and falling based on factors such as economic conditions, government infrastructure spending, and seasonal construction activity. When there is a surge in demand for steel rods, such as during a boom in construction projects, the price of Tata rods can rise. Conversely, during periods of low demand, prices may decrease.
4. Transportation Costs
Transportation plays a significant role in determining the cost of Tata rods. Steel rods are heavy and bulky, requiring significant resources to transport from manufacturing plants to construction sites or retail outlets. The price of fuel, logistical challenges, and the distance between manufacturing facilities and the buyer all affect the final cost of Tata rods.
Types of Tata Rods and Their Prices
Tata Steel produces a range of steel rods designed for different construction applications. The most common types of Tata rods include:
1. Tata TMT Bars (Thermo Mechanically Treated Bars)
Tata TMT bars are among the most popular types of steel rods used in construction. Known for their superior strength, durability, and resistance to corrosion, Tata TMT bars are widely used in high-rise buildings, bridges, highways, and other critical infrastructure projects. TMT bars are priced higher than traditional mild steel rods due to the advanced manufacturing process involved, but their superior quality justifies the cost.
2. Tata HYSD Bars (High Yield Strength Deformed Bars)
Tata HYSD bars are high-strength steel rods used for reinforced concrete structures. These bars are characterized by their higher tensile strength, making them ideal for use in projects that require additional structural support. Although Tata HYSD bars are typically priced higher than regular steel rods, their enhanced performance and durability make them a valuable investment for construction projects that demand high load-bearing capacity.
3. Tata Mild Steel Rods
Mild steel rods are often used in low-strength construction applications, such as in residential buildings and light infrastructure. These rods are generally more affordable than TMT or HYSD bars but may not provide the same level of strength and durability. As a result, the Tata rod price for mild steel rods is lower, making them a cost-effective option for projects with less demanding requirements.
How to Get the Best Deal on Tata Rods
While Tata rod prices can vary based on several factors, there are strategies you can use to ensure you’re getting the best value for your money:
Buy in Bulk: Purchasing steel rods in bulk can often lead to discounts from suppliers, helping to reduce the overall cost per unit.
Compare Prices: It’s always a good idea to compare prices from different suppliers, as pricing can vary based on location, demand, and supplier policies.
Plan Ahead: If possible, plan your purchases ahead of time to avoid price surges during periods of high demand, such as during the peak construction season.
Look for Deals and Offers: Keep an eye out for special offers, discounts, or promotions from suppliers and distributors, which can help you save on Tata rod purchases.
Conclusion
The Tata rod price is influenced by a variety of factors, including raw material costs, manufacturing processes, market demand, transportation, and government policies. Understanding these factors can help contractors, builders, and individuals make informed decisions about purchasing Tata rods for their construction projects.
If you are looking for best quality tmt bars, please visit our website : www.steeloncall.com or you can contact us through our toll-free number: 18008332929
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Steel Trading Company Kolhapur | Steel Trading Business | Mahavir Steel Kolhapur
In the heart of Kolhapur, Mahavir Steel Kolhapur stands as a trusted name in the steel trading business. Whether you are a contractor, builder, or manufacturer, we provide high-quality steel products to meet your diverse needs. Our commitment to quality and service has made us a leading steel trading company in Kolhapur.
At Mahavir Steel Kolhapur, we understand that steel is the backbone of modern construction and manufacturing. Our steel trading business thrives on the principles of quality, affordability, and customer satisfaction.
MS Angles: Ideal for structural applications.
MS Channels: Perfect for heavy-duty construction.
MS Beams: Provides stability to large structures.
MS Flats & Bars: Versatile for multiple applications.
MS Pipes & Sheets: Essential for piping and roofing.
MS TMT Bars: Trusted for reinforced concrete structures.
Our products adhere to stringent quality standards, ensuring durability and strength. Each product is sourced from reputed manufacturers, making us a reliable steel trading company in Kolhapur.
We believe in offering premium-quality steel products at the most competitive prices. This ensures value for money for all our clients, whether they are involved in small-scale projects or large industrial ventures.
Our team prioritizes customer satisfaction by providing personalized solutions, timely delivery, and technical support for all steel requirements.
Steel trading businesses play a crucial role in supporting Kolhapur’s industrial and construction growth. From infrastructure development to manufacturing processes, the demand for high-quality steel has been on the rise. Mahavir Steel Kolhapur bridges the gap between manufacturers and end-users by supplying premium-grade steel at affordable rates.
At Mahavir Steel Kolhapur, we cater to:
Builders and Contractors: Providing durable materials for residential and commercial projects.
Manufacturers: Supplying steel for machinery and equipment production.
Retailers: Ensuring a steady supply of quality products for local markets.
Looking for a dependable steel trading company in Kolhapur? Mahavir Steel Kolhapur is your one-stop solution. Explore our wide range of steel products and experience unmatched quality and service.
visit our site: https://mahavirsteelkolhapur.com/
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Jindal Steel Supplier in Ghaziabad, Noida | Jindal Steel Dealers Near Me.
RodiDust is one of the foremost Jindal Steel Suppliers in Noida, RodiDust provides supplies of all kinds of online building materials in Delhi, Noida, Ghaziabad, and other various cities. They have all kinds of structural steel in wholesale as well as retail from different famous brands. RodiDust is one of the most prominent Jindal TMT Bars Suppliers in Greater Noida. We provide Jindal Steel at the best price in various cities all across India. Our team of professionals ensures that we are never running out of schedule while delivering an order.
#Jindal Steel Supplier in Noida#Jindal Steel Supplier in Ghaziabad#jindal steel dealers in noida#jindal steel dealers near me
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Shyam Steel TMT Bar - Latest Price, Dealers & Retailers | Comaron
Shyam Steel Group is one of the leading TMT Bar producer in India. Find here Shyam Steel TMT Bar dealers, retailers, stores & distributors. Shyam Steel Price List Today. Its superior design, engineering and class manufacturing process offer the perfect strength and elasticity to the TMT steel bars that is requisite in today's construction industry. Call us at 83-770-440-77
Visit our website https://www.comaron.com/blog/shyam-steel
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Shyam Steel TMT Bar - Latest Price, Dealers & Retailers | Comaron
Shyam Steel Group is one of the leading TMT Bar producer in India. Find here Shyam Steel TMT Bar dealers, retailers, stores & distributors. Shyam Steel Price List Today. Its superior design, engineering and class manufacturing process offer the perfect strength and elasticity to the TMT steel bars that is requisite in today's construction industry. Call us at 83-770-440-77
Visit our website https://www.comaron.com/blog/shyam-steel
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TMT Bars Price per kg today
TMT steel has been used for a long time constrsuction industry because of its amazing properties such as durability, thermal conductivity, harvesting ability, and durability. The role of steel in each building determines its strength and durability. Therefore, it is very important to choose the right metal with the necessary structure. Nowadays, TMT Steel bar is becoming more and more popular in the construction industry. The TMT column previously referred to the thermomechanical technology column. They are specifically designed for buildings that can withstand high temperatures in addition to extreme heat. TMT Bars dealers There are different types of TMT bars on the Buildmakaan. The type refers to the strength and durability of the rod, especially the level of strength. You must select the appropriate value depending on the type of structure. When designing a building, the designer chooses it according to needs, taking into account the availability and price of materials.
TMT Bars Price in Gurgaon. The Fe415 and Fe500 metal labels are widely used, providing sufficient power for certain applications. The maximum force is the TMT group phase with a diameter of 600 N / mm2. They are especially used in construction, which requires greater strength and durability. The TMT Fe 600 file is used for large industrial buildings. First, carefully selected high-quality materials that are placed in high-quality production. The most common way of melting metal is by throwing a steel ball. This brick was burned and raised to the required length. According to Buildmakaan is a global testing machine. The TMT post is up in the main and downward direction. This can lead to identifiable results if it is not so. Buildmakaan is the best TMT and steel bars wholesalers and suppliers in Gurgaon and Delhi NCR. We are providing the best and different types of TMT bar available in the market with the best TMT bar suppliers in Gurgaon and Delhi NCR Our first priority is our customer satisfaction. Buildmakaan provides a TMT steel bar with low cost and high-quality material.
#TMT Bars dealers#TMT bars price per kg today#TMT Steel Bars supplier in Gurgaon#TMT retailers & distributors in Faridabad#TMT supplier in gurgaon
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Are you Looking for the best iSTEEL XLS TMT: Largest Retail Distribution in South India
The best price of the TMT steel bar is based on the quality and quantity of material used. The higher the quality, the lower the cost. You can use TMT steel bars in many different applications such as construction, automotive, or industrial. We offer a wide range of different types of steel bar products, including
Call us:- 83-770-440-77 visit our official website:- https://www.comaron.com/blog/isteel-tmt
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Rodi Dust Marketing & Distributions Pvt. Ltd. carries the legacy of promptly supplying building materials such as AAC blocks, MS steel, TMT steel bars, cement, stone dust, Jamuna Sand etc. with pride in Gurgaon and Delhi NCR. The intelligent teams of this esteemed company and their brilliant visions have helped in establishing its name as the best building material supplier in Gurgaon & Delhi NCR, Noida, Ghaziabad and Faridabad. Moreover, our online portal has provided our customers with great delight by supplying the best building material in a more convenient way. Rodidust Cement suppliers have made its name as one of the most dominating retail sellers of all cement types in Gurgaon and also we have been the most reckoned-dust and aggregate wholesalers in Gurgaon, Delhi NCR. Hence, considering above statements Rodidust is a one-stop solution for building your homes or projects at the most affordable prices.
#Building material suppliers#locally available building materials in gurgaon#building material suppliers in delhi ncr#order building materials online#building materials online gurgaon#construction materials online in gurgaon
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SAIL Authorised Dealer in India - TMT & COIL
SAIL Authorised Dealer In India - U.K & Sons is a proud member of the SAIL Family. U.K & Sons are the Authorised Dealers of Steel Authority of India Limited. We deal in TMT, Coil, Structure Steel, Plates, etc. Apart from MS Pipes and GI Pipes, we are also wholesale traders of MS Angle, MS Channel, MS Girder, MS Plate, MS Flat, etc. We have the largest inventory of steel products in India. We have Branch offices in UP, Delhi, Jammu, and Kashmir and supply the various projects in PAN INDIA. Our Logistics arrangement allows our customers to place any quantity with ease without worrying about delivery issues. U.K & Sons, regular suppliers to the prominent Corporate, Industrial, and Public Departments. Registered vendors of Sugar Mills, Cement Plant, Infrastructure Projects, etc. All types of Third-party inspection and other agencies are also welcome to check the quality of our product.
SAIL Authorised Dealer in India for TMT Bars and Coil, MS Plate, MS Steel Structure. Call us for wholesale as well as retail inquiries of TMT and Bars, we have ample stock to cater to all types of queries. SAIL TMT bar from 8 mm to 32 mm in Ready Stock with MTC is also available at our warehouse. We can also supply to bulk demand with ease as we maintain sufficient stock to allow our customer to complete their project in time. SAIL - Authorised Dealer of Steel Authority Of India Limited The most trusted brand of India. We are proud associates of SAIL and promise to deliver the best product at the best rates. Our SAIL TMT is the finest product available in India and it has all the requisite approval from all the government and private agencies and consultants. Authorised Dealer of SAIL TMT - TMT for House, Building, Group Housing, Infrastructure Projects, Factories, and Road Projects. You name it and we have it. Sail is the most trusted brand and one of the most prominent manufacturers of Primary TMT. SAIL is the primary product manufacturer with the best in-house technology to produce the best quality and grade material. call at 9873186252, 9555086252 or mail us at [email protected] for the latest price and deliveries - SAIL Authorised Dealer in India. Read the full article
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Jindal Steel Supplier in Ghaziabad, Noida, | Jindal Steel Dealers Near Me.
Steel is known to provide has been strength and durability to a construction project. Nowadays, Steel has been become an integral part of construction whether residential or commercial. RodiDust is one of the foremost Jindal Steel Suppliers in Noida, RodiDust provides supplies of all kinds of online building materials in Delhi, Noida, Ghaziabad, and other various cities. They have all kinds of structural steel in wholesale as well as retail from different famous brands. RodiDust is one of the most prominent Jindal TMT Bars Suppliers in Greater Noida. We provide Jindal Steel at the best price in various cities all across India.
#Jindal Steel Supplier in Noida#Jindal Steel Supplier in Ghaziabad#jindal steel dealers in noida#jindal steel dealers near me
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Electrical Shop near me
Find here the best electrician services, Buildmakaan is the platform on which you will find India’s top electrician in Gurgaon & Faridabad Delhi NCR. Build Makaan is the best platform to search all building materials and all Electricals items, Sanitaryware items, Build Makaan also deals in Rodi & dust, River sand, Shuttering material, Interior designer finds here all solution at one platform. If you are a Cement retailer so it is a very good opportunity to grow your business today join with Build Makaan. There is a huge advantage to join with Build Makaan because if you join with the Build Makaan, Build Makaan provide a daily lead, you can upload your product on the Build Makaan website you can upload cement banner or related your business whatever is your business, So As you know Christmas Festival coming soon and there are many offers provide by Build Makaan Find Electrician near your local area
Build Makaan is an online portal where you can find Indi’s best Electrician in your local area, the best online service with professional and timely delivery at a low cost. We provide our customers with high-quality products at affordable prices to build healthy customer relationships. To increase growth and make it easier for our customers to use, Buildmakaan has launched an online registration service that allows you to create your own content and store all types of content online. Find the best Electrical items with the best price, quality, and time benefits. We are currently working alone in Gurgaon.
Get the best Electrical Service in Gurgaon, Faridabad & Delhi NCR, you can easily be contacted at 851-099-1212. Buildmakaan event affected approximately 345,012 customers targeted in Gurgaon & Delhi NCR and several communities were also Connected with buildmakaan. Buildakaan also deals in Cement, TMT Steel bars, Rodi & Dust, Also you can grow your business with us join our company to grow your business.
Visit our Youtube channel for more information Click here on which you can watch all about the Build Makaan and how you can register as a seller or how you can get best sellers, suppliers
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Comaron is an easy solution for construction materials such as UPVC Doors & windows, lifts, cement, gensets, modular kitchen, Aluminium dorrs & windows, electricity wires, switches and panels, tiles and TMT bars. Godrej Interio is an Indian premium furniture brand in both home as well as institutional segments by a firm commitment to sustainability and centre of excellence in design, retail and manufacturing. To know more about Buy Godrej Interio product catalogue price online visit our website.
#godrej kitchen#godrej kitchen design gurgaon#godrej kichen design in delhincr#godrej interio kitchen design
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TMT Bars Price per kg today
TMT steel has been used for a long time constrsuction industry because of its amazing properties such as durability, thermal conductivity, harvesting ability, and durability. The role of steel in each building determines its strength and durability. Therefore, it is very important to choose the right metal with the necessary structure. Nowadays, TMT Steel bar is becoming more and more popular in the construction industry. The TMT column previously referred to the thermomechanical technology column. They are specifically designed for buildings that can withstand high temperatures in addition to extreme heat. TMT Bars dealers There are different types of TMT bars on the Buildmakaan. The type refers to the strength and durability of the rod, especially the level of strength. You must select the appropriate value depending on the type of structure. When designing a building, the designer chooses it according to needs, taking into account the availability and price of materials.
TMT Bars Price in Gurgaon. The Fe415 and Fe500 metal labels are widely used, providing sufficient power for certain applications. The maximum force is the TMT group phase with a diameter of 600 N / mm2. They are especially used in construction, which requires greater strength and durability. The TMT Fe 600 file is used for large industrial buildings. First, carefully selected high-quality materials that are placed in high-quality production. The most common way of melting metal is by throwing a steel ball. This brick was burned and raised to the required length. According to Buildmakaan is a global testing machine. The TMT post is up in the main and downward direction. This can lead to identifiable results if it is not so. Buildmakaan is the best TMT and steel bars wholesalers and suppliers in Gurgaon and Delhi NCR. We are providing the best and different types of TMT bar available in the market with the best TMT bar suppliers in Gurgaon and Delhi NCR Our first priority is our customer satisfaction. Buildmakaan provides a TMT steel bar with low cost and high-quality material.
#tmt bars price per kg today#tmt Steel Bars supplier in Gurgaon#tmt retailers & distributors in Faridabad
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When dealing with tail risk, you can’t be rational: Ridham Desai
Please explain what is going on. The thing that we are dealing with is in statistical parlance what we call tail risk. The problem with tail risk is that one does not know exactly the quantum of damage or when the damage will get over. When equity as an asset class deals with these two types of uncertainties, it is not willing to be rational. In fact, the rationality is that it actually does not think that any price is worth buying. So, until that uncertainty settles, the market is unlikely to behave “rationally”. I think what we are seeing on the screen is just reflecting the fact that we are dealing with a very uncertain environment where we do not know what could be the extent of downside to growth or the time that we actually end up suffering.
How does one figure out if the selling is overdone or the fundamentals will crack more and markets will crack because fundamentals will crack more? That is obviously the biggest debate right now. Here is how I look at it; you stand back and look at valuations and obviously you cannot look at PE ratios because we do not know where the earnings are going to be. Usually in such situations, I tend to look at the price to book. It is a far more stable and reliable valuation measure. I look at how equity yield compares with bond yields because on a trailing basis, equity yield and the bond yield are known numbers. We deal with such valuation metrics and where we are if this is a run of the mill situation like we saw during demonetisation or during 2013 when we had the Fed taper tantrum.
When valuations are sitting at levels at which if you buy stocks in six to 12 months, you will look back and say that was a smart thing to do. The other thing we look at is sentiment. Now I have a host of sentiment indicators. I look at value at risk, implied and realised volatility, flows etc. We put all of them into a black box and generate what we call our propitiatory sentiment indicator. That number as of this morning is actually worse than it has ever been in this century. It was worse off only in the 1998 Asian financial crisis.
So, essentially we are dealing with the second worst reading on our sentiment indicator since I started it, going all the way back 30 years. So both on valuation and sentiments, what stocks are telling me right now is that if you are patient, if you have courage, if you are willing to sit and watch the short term mayhem, then it is possible that in a year from now or in six months from now, you will look back and say that was a great time to buy.
Now that does not mean that stocks do not fall in the next month. The likelihood is that they actually fall rather than rise because of the punishment that they have suffered over the past few days. We all know that when there is so much of punishment to stocks, it takes time for a bottom to be formed. Either time or price could be bad in the near term.
In the next month, we could be well lower but from where we are, just on the basis of what is happening to sentiment and where valuations are on a 12-month outlook basis, things could be quite attractive right now.
Now of course, having said that this is a tail event, it is not an event which is normal and therefore there is pertinent risk to fundamentals. In case the virus spreads even more and more vigorously, then obviously we will have to reassess. So, for retail investors, the strategy is continue doing your SIPs because you will catch this level and it will get averaged out.
Traders are better off using their own judgement rather than me saying anything because everybody has their own trading strategies.
It is often said on Wall Street that you should not fight the Fed. Central bank policy action has kicked in and markets are ignoring that. Why is that? This is the difference between today and 2008. In 2008, when the crisis hit the world, the Fed as well as the government not only in the US but around the world, had a lot more ammunition at its disposal. Remember, we were coming out of a very strong economic cycle. India’s own fiscal deficit was at multi-year lows. In fact, in 2007-08, we almost hit a primary surplus in our budget which we have never done in the history of this country. Ever since then, we have been running a primary deficit. So the government had a lot of ammunition.
The Fed rates were a lot higher when the crisis came. They have enough room to cut and they went all the way down to zero in 2008 and stayed that way until 2015. Unfortunately in 2020, there is not that much ammunition because we have really not got a major bull run in economies around the world. The Fed has not been able to hike rates enough.
If anything, they are already cutting interest rates. They have already been saddled with a slowing economy for multiple reasons. We had the trade war and other things have happened. As a consequence, the Fed has just 125 bps and even QE is not something that is likely to be as effective as it was in 2008 because the Fed balance sheet has also expanded. Granted, you do not fight the Fed, but is the Fed as strong as it was in 2008? I think that is a debatable point.
FIIs have started selling. They own 25% of free float and they have already started selling. If this gets worse, where is the support going to come from? What is the kind of change you see in ownership patterns? As I always say, flows are a lagging indicator. They do not lead the market, price leads the market. When prices recover, the buying will be back. So, prices recover when the strength of the offer weakens and the bid comes back and the bid is really a function of smart investors coming in and saying this is the price at which I want to pile in.
Also, you need some triggers, some sense that the viral load has stabilised, some sense that policymakers are drawing some success. Hopefully, these things will emerge over the next few days. It is impossible for me to predict when and how that will happen. As I said, this is not an event that we are used to dealing with. There is a lot of uncertainty around this. I remained focussed on price rather than trying to forecast when that will happen and if the price is telling me this is a good level at which I can engage, because the long term is not changed and this business is not affected by the virus in the medium term, then I go and buy that business.
As Warren Buffett has said, what has happened over the past few days has probably not changed the long term cash flow of several businesses but the price has and therefore you exercise judgement and buy such stocks. Again, keep some ammunition on the side. I do not think you should go all in today because this will take a little while to settle down. It is not like we are going to get a V-shaped recovery tomorrow morning. We may get a lot of trading rallies and a lot of pain will have to get flushed out so that markets will keep coming back to give you an opportunity.
We did write a research note yesterday that we are cutting earnings. We have cut earnings reflecting slower economic growth globally as a consequence of the virus but our price signals — both valuations and sentiment — are suggesting that stocks are worth engaging in right now. But I do not think you go all in. I think you do it in a cautious manner.
For the bulls, what according to you would be the out of the jail card from this situation? China has shown that there is a way to control the virus and the way to control it is complete isolation and the good news is that we have not started isolating. The governments around the world did not panic early enough and maybe they should have panicked a month ago. But now, there is some sense of panic. We have seen the US banning Euro travellers into the US. India has also done its thing by putting a bar on foreign travellers into India and issued a strong advisory against people travelling. As people disengage like we saw in China and Singapore, quarantine and isolation helps because the virus can only spread from human being to a human being. So if humans do not engage, then certainly the viral load stops. That is what we have to watch out for. This panic in terms of government reaction is welcome and helps in stemming the spread of the virus.
With each crisis we have seen that there is an opportunity and the market tends to reboot. Post the TMT crisis, infra stocks made a comeback. When infra stocks peaked out, consumer stocks made a comeback. Do you think right now a new sort of dimension to the market would be given where good quality expensive, cash efficient consumer stocks will take a backseat? It is a little early for us to predict. What will happen is that good businesses will make a comeback much faster and then we can go into businesses that are not good enough. But right now, the problem this market has had over the past few years is that good businesses have been very richly valued and did not offer attractive prospective returns.
Suddenly, a lot of those good businesses are selling much cheaper and I dare say that some of them have actually turned cheap enough for us to actually look at them. What the virus has given us is an opportunity to buy some really good, high quality businesses and good balance sheets at much more attractive valuations, where the prospective returns are looking better.
We are better off doing that first and then worrying about what the next cycle will bring to us and what will be the next big sector. I think we will have enough time to think about it but right now, the best thing is to go and buy these businesses which are a whole lot cheaper than they were a month ago.
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