HAL is expected to become part of MSCI index. Morgan Stanley expects $175 million inflow, Nuvama expects $190 million inflow due to inclusion.
Inflation to cool at 18 month low; KIA launches special edition of Sonet; sugar prices increasing; ONDC becomes talk of town
Air travel in India is still considered as luxury spending. All the luxury items have very high price elasticity.
Inflation started with commodities like crude oil. This increased the prices of petrol and food items. Which in turn compelled workers to ask for higher wages as they expected inflation to shoot up.
To maintain long-term dominance, the company needs to decide its core competitive advantage. Will it be a cost leader or product differentiator? What will be its path for creating customer stickiness?
Data from US economy may indicate some softness but economy is close to its potential. So even if economy slows down some more, but that would bring inflation expectations in control then in long run it will lead to higher stability.
After Russia invaded Ukraine, crude oil prices shot up on supply concerns at the same time geopolitical tensions also increased volatility in financial markets
We will get better picture if we look at Indian IPO market in global perspective. India has led globally in the number of IPOs in Q1 of current calendar year.
Even commentaries by international companies like Unileverand Coca-Cola point to concerns in rural areas and also due to non-seasonal rains
This is not easy but if properly executed the company can differentiate itself which will lead to two strategic advantages