The Indian chemical industry is divided into two main segments: basic chemicals and speciality chemicals. Basic chemicals include petrochemicals, fertilizers, and inorganic chemicals. Speciality chemicals include agrochemicals, pharmaceuticals, and dyes. India is the world’s sixth-largest producer of chemicals and the third-largest producer in Asia. The industry is expected to grow at a CAGR of 9% …
While the near-term outlook for the chemical sector may remain challenging, The chemical sector is a vital cog in the machinery of the global economy. It produces over 70,000 diverse products that touch every aspect of our lives, from the clothes we wear to the food we eat to the medicines we take. However, it …
Defence stocks are the shares of companies involved in the defence industry. These companies primarily focus on manufacturing and supplying products and services related to national defence and security. Defence stocks in India have gained significant attention following Russia’s attack on Ukraine. The invasion has prompted several nations, including India, to increase their defence budgets. …
The Sensex and Nifty are both on a downward trajectory, marking plunge of 1.30% and 1.36%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting lower momentum, with a plunge of 1.88% and 1.20%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Axis Bank, ITC and HCL …
India is a vast country with a diversified economy consisting of various sectors, each contributing significantly to its overall growth and development. These sectors range from agriculture, manufacturing, and services to infrastructure, healthcare, and tourism, to name a few. As we step into the year 2023, it’s essential to take stock of how these sectors …
Debt always feels burdensome, whether in the real life of an individual or in companies. Although it is also true that to acquire certain assets such as property, machinery, land, or any other assets that are expected to generate profits soon, we use debt for procurement. One of the reasons we opt for debt is …
In the upcoming 2024 Lok Sabha election few smart investors are likely to bet on the stock in favour of the winning party. We already saw the trailer of the election results last week with BJP winning the elections in three states. So here we deep dive to make a Modi government-friendly stock portfolio: PSU …
Mahindra & Mahindra reported a 21% increase in domestic passenger vehicle sales at 32,588 units in June 2023, as compared to June last year. The company sold 26,880 units of passenger vehicles in June 2022. In a statement, Mahindra & Mahindra (M&M) said that its domestic sales of utility vehicles were at 32,585 units last …
Aerolloy Technologies, a wholly owned subsidiary of PTC Industries has inked a significant agreement with Dassault Aviation, the French manufacturer of the Rafale fighter jets. This multi-year deal marks a major milestone for India’s Make in India push, with Aerolloy set to produce the full range of titanium castings for the Rafale from 2024 onwards. …
Mazagon Dock Shipbuilders – Company profile Mazagon Dock Shipbuilders Ltd’s main focus lies in the construction, repair, and manufacturing of ships, submarines, different types of vessels, and associated engineering products for clients both within India and abroad. Originally established as a private company in 1934, it later came under the ownership of the Government of …
