Essential shopping up with rising pharmacy and grocery visits
Combined m-cap of listed Tata players, excluding TCS, is up 102% this year, so far
The top two players will control 80% of industry revenue
For the first time in decades, supply was lower than consumption for four straight years till 2020
Traffic congestion was also up during the week
Index companies in non-cyclical space, other manufacturers likely to report 0.3% YoY decline in net profit
Air India reported an operating profit of Rs 1,787 crore in FY20 on a consolidated basis but reported a net loss of Rs 7427 crore due to interest and depreciation costs
Analysts say the demerger will make it easier for investors to value the two companies
Freight numbers, traffic congestion lower than before
Company spent Rs 5,200 crore on interest payment in Q1, equal to 57% net sales
Swiss multinational is now a distant second in the country's cement market, behind Ultratech
The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea
Analysts, however, see the fall in iron ore prices a lead indicator and expect steel prices to decline soon
Business Standard tracks these indicators on a weekly basis to get a current sense of how the economy is doing
Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low
Power generation and freight growth slow down
Large part of gains in two years accrued to top companies in metals, IT, pharma and realty
Investor must retain at least 51% stake to take the benefit
Their revenue share in listed space declined to record low of 27.2% in Q1FY22
Comes in the backdrop of 0.7% growth in India's annualised GDP at current price