Consumption Under Pressure, Uptrend Seen In H2FY20: Manish Jain, Ambit Capital
  • WebDesk BTVI
  • Jul 18 2019

Manish Jain, Portfolio Manager at Ambit Capital said that the consumption space is under pressure, but India's consumption story remains intact and investment in any company should be done keeping its earnings' potential. Jain believes consumption is a long-term growth story. Talking on company's Coffee Can Portfolio, he said most of the holdings is B2C focused company, and return has been flat for the past 3-4 months. However, Jain sees an uptrend in H2FY20.