WATER PURIFIER MARKET GROWTH
Lakshmi Iyer foresees muted inflation and modest rate cuts in 2025 amid growth priorities
?So, our view is, therefore, that the near-term pain is likely to continue, which is something we have been stating for some time. But given that there is central bank activity happening in terms of selling dollars, the pace of depreciation could be a tad muted compared to the other currencies. So, that is the view that we are carrying even right now.
Concord Enviro Systems IPO opens. Check key dates, price band, GMP and review
Concord Enviro Systems' IPO, worth Rs 500 crore, opened for subscription until December 23. The company, specializing in water treatment solutions, priced shares at Rs 665-701. Analysts recommend subscribing, citing strong financials and growth potential. Listing is expected on December 27.
India's growth story is more balanced than China's: BCG global chief economist
India's growth path appears more stable than China's. China's focus on capital accumulation over consumption is now creating challenges. US tariffs may not deter investment in China due to its established stability and policies. India needs to improve scale and implement reforms in key areas like education, water management, and digitisation. Globalisation will likely persist, regardless of US trade policies.
India now an anchor market, says PepsiCo
PepsiCo bets big on India for future growth. The company is restructuring its international beverages business. India is one of 13 key markets for PepsiCo. The snack and beverage giant faces competition in India. PepsiCo's India operations reported double-digit growth. The company aims to strengthen its beverage business globally.
Legitquest raises $660,000 in ongoing round from existing investors InfoEdge, WaterBridge Ventures
Legal tech startup Legitquest has secured $660,000 in funding from InfoEdge and WaterBridge Ventures, aiming to close the round soon. The company, founded in 2017, develops a generative AI assistant for legal professionals and has seen 250% year-over-year growth. Legitquest boasts a vast legal data repository and has promoted Rajan Batra to co-founder.
View: India is sacrificing growth. It needs to stop.
India's economy is slowing down. Loans against gold are increasing. Job creation is low. Consumer credit fueled demand but not capacity. Manufacturing growth has dropped. Inflation remains high. Many urban workers returned to farming. The government is considering a new tax on clothes. A job internship program is delayed. The central bank lowered growth projections.
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ETMarkets PMS Talk: Water Infrastructure - A multi-year growth opportunity, says Romil Jain
As of October 2024, our Laureate strategy has delivered an impressive 44% CAGR return since inception (Nov 2020) vs a benchmark return of 22.7% leading to outperformance of 21.3%. On a 3-year basis, the strategy has delivered 31.5% cagr vs BSE500 (TRI) of 15.7% outperforming by 15.8%.
Wipro Enterprises' revenue rises 10 pc to Rs 16,902 cr in FY24; profit jumps 35 pc
Wipro Enterprises under Azim Hasham Premji saw a 9.8 percent rise in consolidated revenue to Rs 16,902 crore in FY24. Profit increased by 35 percent, reaching Rs 1,903.1 crore. Wipro Consumer Care and Lighting and Wipro Infrastructure Engineering both contributed significantly to this growth, with notable performances in their respective markets.
Enviro Infra Engineers sees profit booking after a solid debut. What should investors do?
Enviro Infra Engineers made a strong debut on the bourses on Friday, surpassing street expectations. The stock listed with nearly a 49% premium over the issue price. However, after the listing, some profit booking led to a 5% decline in the shares.
Best Air Purifiers under 25,000 in India to enhance your well-being (2024)
Looking for a new air purifier? Then do check out this article listing some of the best air purifiers under 25,000 available online. These premium options from top brands have been designed to eliminate the harmful elements from your personal spaces by utilizing the latest purification technologies. With multi-stage purification systems, quality filters, brand warranties, sleek designs and more, these air purifiers are worth the investment.
Emerging markets, caught between economic giants, face tough 2025, JPMorgan says
JPMorgan predicts a challenging 2025 for emerging markets due to U.S. policy shifts and uncertain China growth. Slower growth, significant bond fund outflows, and a stronger dollar are anticipated, impacting emerging market fixed income returns. Emerging markets face choppy waters but are battle-hardened.
What to do as large private banks trade like value stocks & utility stocks act like growth stocks? Ridham Desai explains
Large private sector banks in India are trading like utility stocks, presenting a good investment opportunity. The rural economy is improving, and consumption is expected to recover. Investors can find opportunities in discretionary consumption, industrials, and IT services. Deep tech is a promising sector in India, with potential for new listings and growth.
Nestle to cut costs by $2.8 billion, boost marketing under CEO Freixe
Nestle, aiming to revive growth, announced a $2.8 billion cost-cutting plan by 2027, alongside increased investment in advertising and marketing. The company projects a medium-term organic sales growth exceeding 4%, driven by a renewed focus on core brands and operational efficiency.
Mohit Khanna on 3 sectors which are poised for growth in near term
Metals is one space where we are finding stories with margin expansion and volume growth at the same time. Fmcg is again one area for us which is turning out to be very interesting.
Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%
Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was driven by product innovation, increased marketing, and early festive season demand.
Air purifier sales stagnate as marketers fail to capitalise on worsening pollution
Despite severe air pollution in Indian cities, particularly in Delhi-NCR, the market for air purifiers and anti-pollution personal care products remains small. Consumers perceive limited tangible benefits and sales spike only during peak pollution periods. While some growth occurs after Diwali, the overall market remains stagnant, with some companies exiting or scaling back operations.
Afcons Infrastructure shares rise over 8% post listing. Should you buy, sell or hold?
Afcons Infrastructure shares rose 8.4% to ?461.7 after a weak debut, reflecting an 8% discount from its IPO price, amid cautious market sentiment and strong long-term growth potential.
Why India is the go-to market in a volatile world
Amid global economic unpredictability in 2024, India stands out with steady growth driven by robust structural reforms and forward-looking policies. Its macroeconomic stability and strategic focus on self-reliance make it an attractive destination for investors, highlighting India as a relative safe haven amid volatility.
Amazon Great Indian Freedom Festival Sale 2024: Up to 47% on Kent Water Purifier (2024)
The Amazon Great Indian Freedom Festival Sale 2024 is live with its exciting offers on a wide range of product categories including small and large appliances. If you are interested in buying a water purification system, then this is the right time to make your purchase. Go through the complete article to find 47% discounts on Kent water purifiers.
10 Best RO Water Purifiers in India for Pure, Safe and Refreshing Water (2024)
The best RO water purifiers listed below are designed to deliver exceptional water quality by combining advanced filtration technologies such as RO, UV, and UF systems. These purifiers effectively remove impurities, contaminants, and harmful microorganisms, ensuring water that is not only safe but also enriched with essential minerals. Key features include multi-stage purification, high storage capacities, and extended filter life. Investing in these top RO purifiers ensures clean, great-tasting water, making it a valuable addition to any home.
Best Alkaline Water Purifiers for Healthier, Balanced Hydration
Alkaline water purifiers are becoming popular for their ability to provide cleaner, healthier drinking water with a higher pH level. This guide explores the top alkaline water purifiers in India, detailing their key features, filtration technologies, and benefits to help consumers make informed decisions for their homes and well-being.
Water purifier maker Livpure eyes 10 lakh subscriptions in 4 years
Livpure aims to secure over 10 lakh subscriptions for its water-as-a-service model in the next four years, enhancing access to clean water across India. The company targets a turnover of Rs 900 crore this fiscal year, reflecting a growth of up to 60 percent from the previous year.
Best Blue Star Water Purifiers for safe water with superior filtration
In the search for high-quality water purifiers, Blue Star offers several top models known for their advanced purification technologies and efficiency. This article reviews the best Blue Star water purifiers, highlighting their key features and benefits. These models are well-regarded for their advanced filtration capabilities, efficient purification processes, and additional features designed to ensure safe and great-tasting water for various household needs.
Best AO Smith Water Purifiers for clean, safe, and healthy drinking water
AO Smith water purifiers are renowned for their cutting-edge purification technologies that ensure your drinking water is free from harmful contaminants. This collection explores the best AO Smith water purifiers, highlighting their features, benefits, and suitability for various household needs. Whether you're looking for a compact purifier for a small kitchen or a high-capacity unit for a large family, AO Smith offers a range of options that combine efficiency, style, and reliability to deliver safe and healthy drinking water.
Best Water Purifiers under 10000 for Advanced Protection and Safe Water
When looking for effective water purification solutions under ?10,000, several top contenders offer excellent value. The Havells Fab Alkaline Water Purifier stands out with its 7-stage RO+UV+Alkaline filtration and unique design for versatile mounting. Aquaguard Neo provides a robust 8-stage UV+UF purification, ideal for municipal water with smart service alerts. Aquaguard Sure Delight NXT combines RO, UV, and UF technologies, making it versatile for all water sources. Livpure Glo Star offers a 7-stage purification system with in-tank UV sterilization and a mineraliser. Havells Fab Water Purifier features a space-saving design and advanced purification with added health benefits.
Best Air Purifiers for 2024: Enhance Your Indoor Air Quality with the Latest Technology
Transform your home into a haven of fresh, clean air by investing in the best air purifier. These advanced devices are designed to effectively remove airborne pollutants, allergens, and odors, ensuring that you and your family breathe easier. With cutting-edge filtration technologies, such as HEPA and activated carbon filters, air purifiers not only enhance indoor air quality but also contribute to a healthier living environment. By choosing the right air purifier, you can enjoy a breath of fresh air every day and create a more comfortable and revitalizing atmosphere at home.
Seeing good recovery in rural market; industry will continue to do well: Bharat Madan, Escorts Kubota
?So, overall, we expect it is not a major decline. It is a 0.2% decline in the market share in first quarter which we should be able to make up in the balance of the year as we move forward.
10 Best Selling Water Purifiers in India (July 2024)
Discover the top-selling water purifiers in India with our comprehensive guide. From advanced RO systems to UV and gravity-based purifiers, we highlight the best water purifiers to ensure safe, clean drinking water. Our selection focuses on efficiency, affordability, and customer satisfaction, helping you make an informed choice for your home. Stay healthy and hydrated effortlessly!
Urban Company makes Rs 282-283 crore revenue, pre-tax profit in Q1, says founder Bhal
Urban Company, a Gurugram-based home services platform, saw its revenue in the April-June period grow 38% at Rs 282-283 crore, cofounder and CEO Abhiraj Singh Bhal told ET. Urban Company¡¯s profit before tax margin was 4% for the period, he added.
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