Many shades of Chinese recovery: 5 stocks from pipes and wires industry with upside potential of up to 22 %

The fact that the Nifty and Sensex have witnessed a sharp decline at a time, that Hang Sang has moved up, the talk on the street is that Chinese economic recovery will lead to money flow into China rather than India. Now there are a couple of things which need to be understood, before one reacts to ticker and what the headline and back of the envelope analysis is showing. FIrst there are many shades of economic recovery. Just because the government wants, it could even be communist government which is all-powerful and takes multiple steps for an economy to recover, it may or may not recover. Second, assuming that because metal prices are rising that means that the user industry might see a pressure in margins might also not be true in a number of cases.