Pratik Agarwal bets on chemicals, retail, IT, consumption between COVID-19.

Pratik Agarwal bets on chemicals, retail, IT, consumption between COVID-19

If we take the forecast from the Global Financial Crisis (GFC) in 2008. It is a popular opinion that Capex’s large sectors can do well in the crisis, given that capital is cheap. 2020 is the year of ASK Investment Managers Ltd. Business Head & CIO Pratik Agarwal said.

“If we look at the performance of CAPEX oriented business, it has not been that good as compared to businesses that are consumption-oriented. Asset-light and free cash flow generating businesses did well,” he said.

Agarwal believes that the 3-5 year horizon will work much better than other businesses. That we believe that something similar will happen this time around.
Agarwal explained that consumption, chemicals, pharma, retail, telecom, and IT are some of the sectors that will perform well in the near future.

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