FMCG Sector: Q3 was not so good and not so bad for the FMCG sector. Demonetisation has played a role in the show. Coming to the numbers, the profits of the companies were up between 3% to 19%, while revenues were almost flat. Dabur and Colgate showed poor performance in Q3, where these 2 companies posted de'growth, both in Profit and revenue. The star performer in the sector for the quarter ended 31 December 2016 was "Emami Limited" where the company showed 6.92% growth in profit and
The Reserve Bank of India (RBI) will meet on 5th and 6th of April 2017 to review monetary policy. What to Expect From RBI More or less, RBI is expected to stay mute on the rates in its upcoming monetary policy because of the rise in inflation rate – both wholesale as well as retail. Wholesale inflation rate soared to 39-months high of 6.55% in February ’17 (was at 5.25% in January ’17) and retail inflation inched up to 3.65% in February ’17 (was at 3.15% in January ’17) due to higher fuel
AUTO (2 Wheelers) Sector: Quarter 3 was poor as far as Auto (2 wheeler) segment is concern. (only three companies data available) Demonetisation has played a crucial role in the show. Market leader Bajaj-Auto posted 5% loss in profits and revenues were down by 7%. Hero Motocorp also posted bad numbers in the quarter. TVS Motors was the only performer in the sector where the has company posted more than 10% jump in profits and revenues were up by 3% in the quarter ended 31 December
CEMENT Sector: Q3 was disappointing for the Cement sector. Only a few companies were able to show decent profit numbers, while revenues were not so encouraging. As far as numbers are concern, the profits of two companies were down in the range of 53% to 86%, while revenues were flat to negative. Market leader "Ultratech Cement" has posted 6% jump in profits and the revenues were down about 2%. The star performer in the sector for the quarter ended 31 December 2016 was "Dalmia
INFRA Sector: Q3 was disappointing for the Infra sector. The challenging business conditions continue to add pressure on the sector. As far as numbers are concern, the revenues of the companies were down in the range of 10% to 24%, while profits were up in the range of 14% to 117%. Market leader Larsen and Toubro has posted 16% increase in profits and the revenues were almost flat. The star performer in the sector for the quarter ended 31 December 2016 were "Adani Ports" and
Steel Sector (Large): Q3 was by and large good for the Steel sector. Almost all the companies have registered strong performance in the quarter. As far as numbers are concern, the revenues of all the companies were up in the range of 25% to 78%, while 2 out of 3 companies were able to cut down their losses. Market leader Tata Steel has registered superb 300% jump in its profit and a healthy 39% jump in revenues as compared to the same period last year and is the star performer of the
Housing Finance Sector: Q3 was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. For the numbers, the profits of the companies were UP in the range of 12% to 42%, while revenues were up in the range between 4% to 32%. Market leader HDFC registered steady growth both in Profit and Income (were up roughly 12% each). "Indiabulls Housing Finance, DHFL and Can Fin Homes" are the star performer from the sector,
Life insurance is one of the fastest growing financial sectors in India. (India's life insurance sector is the biggest in the world with about 3600 Lac policies which are expected to increase at a Compound Annual Growth Rate (CAGR) of 12 to 15% over the next 5 years). As of now, there are 24 insurance companies offering different types of life insurance policies in India. Why Life Insurance Policy: The primary reason for taking life insurance is to provide financial security for the dependants