China’s darkening supply-chain clouds have brought a silver lining to some lesser-known Indian stocks, in particular those which stand to benefit from expanding global supplier lists as well as the nation’s efforts to create worldwide champions.
Electronic-parts maker Dixon Technologies (India) Ltd. has jumped more than 80% this year, partly driven by hopes that the Samsung Electronics Co. supplier will be able to successfully sell its products globally. Amber Enterprises India Ltd., an air conditioner parts supplier to LG Electronics Inc., is up more than 40% on similar expectations, handily beating the benchmark S&P BSE Sensex Index. Dixon and Amber each rose by at least 3% on Tuesday.
October 26, 2021 at 07:00AM
https://www.bloomberg.com/news/articles/2021-10-26/china-supply-chain-risk-gives-little-known-indian-stocks-a-boost
China Supply Chain Risk Gives Little-Known Indian Stocks a Boost - Bloomberg
https://news.google.com/search?q=little&hl=en-US&gl=US&ceid=US:en
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