Stocks will benefit from world cup 2023
ICC world cup 2023 generate $ 2.6 billion dollar earn in Indian rupees RS 22,000 – Rs 25,000 crore. BCCI earn total 38% of total revenue of ICC board. This will boost india’s economy a lot.
Main stocks most benefit from world cup 2023.
Major industries benefits.
01 Food service
02 Travel
03 Hotels
04 Beverage
01 Food service
.a) Jubilant foodworks
It is a mid cap company. The market cap. Of Jubilant foodworks is Rs 35,099 crore and CMP ( current market price) is Rs 530. The main brand under
Domino’s pizza
Donut
Jubilant foodworks operates in India, Sri- Lanka, Bangladesh and Nepal.
.b) Zomato
It is a large cap company. Zomato is online application. The main buisness of Zomato is a food delivery. The market cap of Zomato is Rs 87,996 crore and CMP (Current market price) is Rs 104.
- Travels
.a) Indigo is the market leader in aviation sector. Indigo ticket have the affordable price ticket than the other airline company. The market cap. Of indigo is Rs 97,817 crore and CMP (current market price) is Rs 2465
.b) IRCTC – IRCTC is the most underrated stock in 2023. IRCTC is a monopoly buisness in online railway ticket. It is a mid cap company The market cap. Of IRCTC is Rs 57584 crore and CMP is Rs 701.
The main source of income is IRCTC
Online ticketing
Tourism
Rail neer
Catering
03 Hotels
.a) IHCL – IHCL is the market leader of hotel industry. IHCL is a company of Tata group. It is mid cap company with the market cap Rs 60,952 crore and CMP (current market price) is Rs 416.
.b) Lemon tree – it is small cap company the with market cap. Of leomin tree is Rs 9,989 crore and CMP (current market price) is Rs 120. Lemon Tree is creating Its own market. Lemon tree expand hotel cahins market
04) Beverage
The beverage industry will benefit the most from the ICC World Cup.
Varun beverage – It is large cap. Company the market cap of Varun beverage Rs 1,2/0,567 crore and CMP (current market price) is Rs 935.. The main brand under Varun beverage
- Pepsi
- Diet pepsi
- Seven up
United beverage – it is mid cap company. The market cap of United Breweries is Rs 46,001 crore and CMP (current market price) is Rs 1590. The main brand under United Breweries are
Kingfisher beer
Heinkein
3AMSTEL BIER
.BULLET
.CANON 100
LONDON PILSNER
. LONDON PILSNER STRONG
Edelweiss beer.
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