As we all Know the World Markets 💵🗺have been Grappled by the Russia 🇷🇺Ukraine🇺🇦 War & have fallen sharply over the last few days 📉
However the War would not have a direct Impact on many of the Indian Co’s 🏭🌾
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However we must not that Indian Co’s🇮🇳would not be impacted in any direct manner except for the Fact that Fuel 🛢 & logistics costs would rise ultimately impacting the bottomlines.The prices of Oil & Gas along with a few commodities such as Alum are expected to rise
Aegis Trades at a p/e of 21 times & was beaten down previously due to low volume growth & the Death of the Previous promoter. Going fwd the triggers are LPG recovering & higher contributions of high margin business as well as the Mega merger with Vopak.