60-65 per cent of the FMCG industry's overall sales come from urban areas; 35-40 per cent from rural areas.
'There is pent-up demand for cricket after last year when no tournaments were played on Indian soil due to the pandemic.'
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
Organised players have been the biggest beneficiaries after the lockdowns were lifted. Given real estate is not as expensive now, players want to take advantage of the trend.
Sebamed's campaign for its cleansing bar of the same name, released across print, television, digital and outdoor, has also named Santoor, a popular soap brand from Wipro Consumer Care.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
Of the 854 stocks that quoted less than Rs 20 on March 23, 2020 - when the Sensex hit more than a three-year low - 482 have doubled.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
It took Nifty 25 sessions to cross 14,000 from 13,000-levels.
The company expects Bournvita Crunchy to strengthen its presence in the cookie segment.
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
The so-called high networth individual portion saw 620x more demand than shares on offer.
The government will set up a centre of excellence for visual effects and gaming with help from the Indian Institute of Technology-Bombay.
'Investors should put their money in stocks where the margin of safety is high.'
Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
Experts said banking is a play on the economy and the latest buying into this space is underpinned by hopes of a sharper-than-expected recovery in the economy.
Kataria, 49, an IIT-XLRI alumnus, was quick to implement a number of initiatives during the Covid-19 crisis including launching D2C initiatives such as mobile stores, WhatsApp messaging, video calling and home deliveries. Kataria was also swift to recognise that stay-at-home consumers were keen to buy informal rather than formal footwear, launching new collections quickly to take advantage of this trend, says Viveat Susan Pinto.
Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.
Experts point to the higher contribution of rural from the north for the growth reported by the region, a point endorsed by companies who've been pushing their presence aggressively there.
Next in line will be mega stores in cities such as Gurgaon and Bengaluru, though timelines for launch have not been specified yet. The company will also launch two more city-centre or smaller stores in 2021 in Mumbai to reach a wider audience.
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