The Indian IT sector is a vital cog in the country’s economic engine, contributing significantly to GDP and export revenue. Despite facing challenges during the COVID-19 pandemic, the sector remained resilient with stable stocks that helped the overall stock market reach new highs. IT infrastructure and services played a crucial role in enabling remote work, …
The outcome of the US elections has brought increased attention to IT stocks, especially those of Indian companies. The Nifty IT index has gained over 3% since the election results, fueled by expectations of higher spending by US clients and a strong dollar. As many US companies outsource software development to Indian firms, a stronger …
Aditya Birla Capital, a leading non-banking financial company (NBFC), has infused close to ₹23 crore into its health insurance subsidiary, Aditya Birla Health Insurance (ABHI), through a rights issue. The investment aims to bolster the solvency margin of the standalone health insurer. In its exchange filing, Aditya Birla Capital stated, “Aditya Birla Capital Limited… has …
Fast-moving consumer goods (FMCGs) are mass-consumption, non-durable items that are readily available off the shelf. In this article, we will discuss the earnings of FMCG giants in India. ITC Limited: ITC is the largest cigarette manufacturer and seller in the country. ITC delivered a resilient performance during FY24 amidst a challenging macroeconomic and operating environment …
Narrowing Urban-Rural Growth Gap The gap between urban and rural growth in India is gradually narrowing. Fast-Moving Consumer Goods (FMCG) players are witnessing a divergence in growth rates between premium and mass segments, with premium products growing stronger. Key commodity prices such as wheat, milk, sugar, and tea have seen quarter-on-quarter (QoQ) moderation, while coffee …
What is FMCG? Any product or service that is created for the purpose of being used directly by the consumer or end-user is a consumer good. Consumer goods are broadly divided into three categories: Durable Goods (shelf life of 3+ years) Non-Durable Goods (shelf life of <1 year) Consumer-Related Services FMCG or ‘Fast-Moving Consumer Goods’ …
Tired of watching your investments rollercoaster through boom-and-bust cycles? Craving steady returns that drip, drip, drip into your account like a comforting cup of chai? Then, my friend, let’s delve into the delicious world of FMCG (Fast Moving Consumer Goods) stocks – the unsung heroes of dividend generation! Investing in FMCG (Fast Moving Consumer Goods) …
India’s electric vehicle (EV) industry is booming, driven by government support, growing awareness about environmental issues, and advancements in technology. Programs like the FAME scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) aim to boost EV use, setting India on a path towards greener, more innovative transportation. India has ambitious targets for EV …
India’s chemical industry, encompassing over 80,000 commercial products, is highly diversified and includes bulk chemicals, speciality chemicals, agrochemicals, petrochemicals, polymers, and fertilisers. Ranking as the 6th largest chemical producer globally and 3rd in Asia, it contributes 7% to India’s GDP. Valued at approximately USD 220 billion in 2022, the sector is expected to grow to …
Shares of NTPC Green Energy, a recently listed renewable energy firm, witnessed a sharp decline of over 5% on December 26 as of 9:41 am. The drop coincided with the expiry of the one-month lock-in period for anchor investors. The stock hit a 3-week low as 1.83 crore shares, representing a 2% stake in the …
