Indian Railway Catering & Tourism Corp. Ltd. (IRCTC) has been a pivotal player in providing railway-related services, including catering and hospitality, internet ticketing, travel and tourism, and Rail Neer Plants business. Established in 1999, IRCTC holds the unique distinction of being a Mini Ratna (Category 1, Central Public Sector Enterprise), designated by the Indian government …
On April 29, 2024, CMS Info Systems Limited released the CMS Consumption Report 2024, titled ‘Unfolding India’s Consumption Story’. The report underscores compelling trends supporting the consumption boom in India and provides a sector- and state-level analysis of growth in domestic consumption. CMS highlights the country’s consumption trends and hotspots fueled by rising cash-based expenditures …
Today, shares of IRCTC Limited have recently soared, hitting a new 52-week high of Rs 988.80, marking an impressive surge of over 5%. This surge follows a remarkable year in 2023, where IRCTC shares delivered substantial returns of 38.59% reflecting strong investor interest, leaving many wondering – can IRCTC chug to the Rs 1,000 mark? …
This article could also have been titled “How not to be fooled by the FMCG Index”? If you look at the FMCG index performance in the last 1 year, the returns are around 11%. That is really nothing to write home about. The real reason for this tepid performance of the FMCG index is the …
Domestic indices experienced a notable decline, affected by losses in the information technology, consumer durables, and FMCG sectors. However, significant gains in the auto and real estate sectors attempted to offset these losses. At 10:55 am, the BSE Sensex tumbled 0.53%, reaching a level of 73,479. The Nifty 50 index declined 0.46% to the 22,301 …
The Indian benchmark indices commenced the session on a cheerful note, rebounding from a significant decline, primarily driven by substantial gains in the power, utilities, and FMCG sectors. Notably, the BSE Realty sector garnered significant investor attention, emerging as the top-performing sector with gains exceeding 5%. The broader indices displayed stronger performance, each experiencing gains …
The oil & gas, energy, power, and capital goods sectors made significant strides in attempting to bolster market sentiment with noticeable gains. However, domestic indices were trading lower, affected by declines in the information technology, banking, and FMCG sectors. At 10:35 am, the BSE Sensex fell 0.35% reaching a level of 72,576. The Nifty 50 …
Indian benchmark indices started the week with a subdued performance, displaying modest fluctuations of gains and losses. The trend was mirrored in broader indices, which also exhibited a downward trajectory. Information technology, consumer durables, and FMCG sectors witnessed significant declines, while metals, auto, and energy sector stocks attempted to mitigate losses with notable gains. At …
Varun Beverages Ltd, a prominent force in the FMCG sector, has exhibited impressive resilience, marking a remarkable surge of more than 3.78%. This surge has positioned the company just above a significant “continuation pattern” breakout trendline. Varun Beverages Ltd. is a major player in the manufacturing and sale of beverages, encompassing carbonated soft drinks, non-carbonated …
Introduction Investors must always be aware of the overall market sentiment regarding the sector that they must invest in. This is because if you know that a certain sector is volatile or stagnant, growing or shrinking etc then it helps in taking better investing decisions. Let’s have a look at the top sectors with a …
