Bazaarre-The Market Review

  India's newfound lithium reserves have the potential to be a game-changer for the country's economy, particularly in the booming electric vehicle (EV) battery market. Here's a deeper dive into India's lithium economy: Lithium Reserves and Potential: With 5.9 million tonnes of lithium resources discovered in Jammu and Kashmir, India holds the 5th largest global reserves, accounting for roughly 5.5% of the world's known resources. Opens in a new windo This discovery could potentially meet a significant portion of India's future lithium demand, currently met entirely through imports. Lithium is a crucial component of lithium-ion batteries, powering electric vehicles, portable electronics, and energy storage systems. Economic Benefits: Reduced Dependence on Imports: Domestic lithium production can significantly reduce India's dependence on imports, currently valued at over $22 million annually. EV Industry Boost: Access to domestic lithium can significantly b

  In the landscape of Central Public Sector Undertakings (CPSEs), the financial year 2021-22 saw an impressive cohort of 22 entities achieving the prestigious ‘excellent’ ratings for their exemplary performance. These CPSEs demonstrated resilience, efficiency, and strategic acumen, earning them commendation within the sector. Let's delve into the list of these outstanding performers: Bharat Petroleum Corporation Limited Bharat Electronics Limited Bharat Heavy Electricals Limited Coal India Limited Container Corporation of India Limited Engineers India Limited GAIL (India) Limited Hindustan Aeronautics Limited Hindustan Petroleum Corporation Limited Indian Oil Corporation Limited Mazagon Dock Shipbuilders Limited National Aluminium Company Limited National Buildings Construction Corporation Limited National Fertilizers Limited National Hydroelectric Power Corporation Limited National Mineral Development Corporation Limited Oil India Limited Power Grid Corporation of India Limited Ra

As of December 6, 2023, Coal India Limited (CIL) stands firm with its share price at ₹355.55 on the NSE/BSE, marking a modest yet encouraging 0.23% increase. However, what truly captures attention is the remarkable trajectory the company has charted in recent times. Over the last four weeks, Coal India has showcased a robust gain of 12.24%, while in the past 12 months, its stock price has surged impressively by 52.98%. These figures signify a notable upward momentum, reflecting investor confidence and positive market sentiment towards the company. Delving deeper into the financial metrics, Coal India portrays solid fundamentals. With a Price-to-Earnings (PE) Ratio of approximately 7.81 and an Earnings per Share (EPS) standing at ₹45.53 for the Trailing Twelve Months, the company exhibits stability and resilience. Furthermore, its Market Capitalization (MCap) stands tall at ₹2,19,115 crore, underscoring its significant presence in the market. Notably, Coal India offers investors an attr

  India, a country known for its diversity, culture, and a rapidly growing economy, boasts a complex economic landscape that is constantly evolving. At the heart of India's economic prosperity lies its Gross Domestic Product (GDP), a crucial indicator that measures the nation's economic health and growth. India's GDP is the sum of all the economic activity within the country, and it is comprised of contributions from various sectors. As of 2020-21, India's GDP stood at a significant 179.15 lakh crores, with the service sector playing a pivotal role in this economic equation.   The service sector, often regarded as the backbone of India's economic landscape, has consistently showcased its dominance over the years. According to an article by Jagran Josh, the Gross Value Added (GVA) for the service sector in 2020-21 was a staggering 96.54 lakh crores, representing nearly 54% of India's total GVA. This remarkable contribution underscores the importance of the se

India's tech market has undergone significant transformations in recent years, solidifying its position as a global technology powerhouse. With a vast pool of tech talent, a rapidly growing digital user base, and government initiatives promoting innovation, India's tech sector has been on an exciting journey. In 2023, let's take a closer look at the various aspects that make the Indian tech market vibrant and dynamic. In all, we estimate that India’s newly digitizing sectors have the potential to create sizable economic value by 2025: from $130 billion to $170 billion in financial services, including digital payments; $50 billion to $65 billion in agriculture; $25 billion to $35 billion each in retail and e-commerce, logistics and transportation; and $10 billion in energy and healthcare. 1. The IT Services Powerhouse Continues to Shine India's IT services sector remains a dominant force in the global market. Companies like Tata Consultancy Services (TCS), Infosys,