We've a Business Idea for You
& your dog
Good morning guys! Welcome back to the 3rd edition of Bharat.Inc! Let’s start our day wishing others well as:
"In the wellness of others, we find our own well-being" - Rigveda
Also, we want you to reach out to a friend or family member. Share your thoughts and feelings, and listen to theirs. Connection is vital for well-being.
Now as promised, let’s check out the startup idea we were talking about
🎯 Top Headlines
No one from Bharat is really supporting US Vice President Kamala Harris
Bharat’s car market is projected to reach 20 MILLION units by 2047
Bharat investors get richer by Rs 174 lakh crore
📊 Market Pulse
📌 The chart starts with a series of red candlesticks, indicating a bearish trend.📌 After hitting a low at around 10:20, the trend reversed, showing an upward movement with green candlesticks. 📌 The lowest point on the chart is around 24455.00.📌 The highest point on the chart is around 24536.05.The chart shows a clear trend reversal from a downtrend to an uptrend around 10:20.
🐶 The Only Business You Should Care About
If you’re like most pet owners today, you’re probably on the lookout for something special for your furry friend. Whether it’s a smart collar that tracks their every move or gourmet treats that make their tails wag, the options are endless. From cutting-edge tech to fancy regenerative medicine, it’s all about giving your pet the best of the best.
Well, thanks to you guys as because of you the pet care market in Bharat is booming like never before! This market is set to leap from $1 billion in 2022 to almost $2.5 BILLION by 2025, growing at a rate of over 15% annually.
This trend got supercharged, especially after the COVID-19 pandemic. Don’t believe us? Hear it from the experts:
🐕 Shashank Sinha, CEO of Drools Pet Food, says that while pet food still dominates 65% of the market, supplements, treats, toys, and accessories are also gaining a significant share of the market.
To confirm this, we checked how Drool’s business is growing, and what we just found will blow your mind 👇
📍In 2022, Drools' profits increased 4.5X to Rs 35.78 crore, compared to Rs 7.9 crore in 2021.📍L Catterton, a private quity firm backed by LVMH Moet Hennessy Louis Vuitton, invested $60 million in Drools in June 2023, marking its first investment in the Bharat pet food sector. 📍Drools made its debut on the ASK Private Wealth Hurun India Future Unicorn Index 2024, and has been recognized as one of Bharat's most promising startups.Numbers don’t lie! So, you should give some serious thought to starting a pet care business. Want to know how?
Keep an eye on Bharat.Inc’s LinkedIn.
👀 Stocks to keep an eye on right now
👉 Shipping Corporation, Garden Reach Shipbuilders, Adani Ports
Reports suggest the government may increase funding for port modernization, offer incentives for green shipping practices, and potentially launch a maritime development fund with a corpus of Rs 15,000 to 20,000 crore. So, you can expect some action there.
👉 HAL, Astra Micro, Bharat Dynamics
Defense-related companies will be in focus amid the government's push towards ‘Aatmanirbhar Bharat and Indigenous production’ of defense equipment. So, look for potential boosts in these stocks.
👉 DLF, Oberoi Realty, Sobha, LIC Housing Finance, Aadhar Housing, Home First Finance
Shares of real estate companies and home loan providers may react to the Modi government's proposals for the real estate sector in Budget 2024-25. The industry expects a push towards affordable housing through a revamped ‘Pradhan Mantri Awas Yojana-Grameen.’
👉 Madras Fertilizers, GNFC, Mangalore Chemicals and Fertilizers, NFL, RCF, Rallis India
Shares of rural economy and agriculture-related companies may see considerable action. Investors anticipate government incentives to boost rural incomes, with industry bodies requesting rationalization of fertilizer subsidies and increased investment in agricultural research.
👉 IDBI Bank, Bank of Maharashtra, IOB
Shares of public sector banks are expected to trade volatile today as financial market participants watch for announcements related to further equity dilution in Public Sector Banks to meet the 25% public shareholding norms prescribed by the Securities and Exchange Board of India.
👉 Titagarh Wagons, IRCTC, Ircon International, Texmaco Rail
Shares of railway-related companies would respond to any announcements made by the Finance Minister regarding Indian Railways. Although, industry are expecting significant allocation to improve infrastructure, enhance connectivity, and modernise services across the railway network, it’s hard to predict if the stock market would respond positively.
Moreover…
Several companies will announce their June quarter results today, including Bajaj Finance, DCM Shriram, Heritage Foods, Hindustan Unilever, ICICI Prudential, ICRA, Indoco Remedies, ICICI Securities, Kajaria Ceramics, Mahindra and Mahindra Financial Services, Schaeffler India, Sharda Cropchem, SRF, Steel Strips Wheels, Thyrocare Technologies, Torrent Pharmaceuticals, and United Spirits. So, keep your eyes on these companies too!
⚠️ Hold UP
Bharat.Inc believes that growth comes from support. So, here’s an open call to all the business owners to get themselves featured RIGHT HERE!
Sounds interesting? Then you ought to see what we have in stock for you ✨
Fill up the form below, and we will get in touch with you in no time!
That’s it for today, folks! We will be back again tomorrow with more valuable insights about ‘Bharat in Business.’ Till then, trade well & take care!
