Markets◆ Mixed
Mehli Mistry rules out reinstatement as Tata Trusts trustee, seeks final order on complaints: Report
· LiveMint Companies
Mehli Mistry has reportedly told Maharashtra’s charity commissioner he does not want to be reinstated as a trustee of the Sir Dorabji Tata Trust and Sir Ratan Tata…
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.