Fundamental Analysis II: Industry Analysis
The Indian business has seen plenty of turbulence in the year 2001. Slowdown and slump, despair and gloom threatened to overshadow economic performance. However, the Rs 20000 crore plus Indian pharmaceutical industry continued to ride high on exports-led growth. This substantiates the view that there are certain industries that can withstand economic slowdown. The grouping of industries, and their growth for the year 2001, gives the following figure (10.1).
Why should some industries perform very well when compared to the rest and is there a way to knowthe growth trend of industries?
The role played by industrial analysis in an investment decision situation is highlighted ...