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#HDFCLife (HDFLife) at #AshwamedhIndiaConclave organised by #ElaraSecurities
Time for thread 👇🏻👇🏻👇🏻
@dmuthuk
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Time for thread 👇🏻👇🏻👇🏻
@dmuthuk
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Easing business conditions: With opening up of the economy and increased movement across the country following the easing of lockdown measures, the on-the-ground situation for the company looks positive. Business activity is improving MoM.
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The credit protect business is witnessing growth on the back of increased disbursements. HDFC Group forms less than 30% of the credit protect business. In the non-HDFC Group segment, no single entity accounts for more than 5% in the product mix
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During COVID Wave II, the cigarettes industry was affected by severe restrictions on store operating hours & reduced mobility; hence, May was much affected. Post first week of June, week-on-week demand has improved and the recovery rate is faster than that during last year.
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ITC’s capsule cigarettes are present across all segments of DSFT, RSFT, Longs and KSFT. ITC believes that this category has high growth potential and hence, has heavily invested to effect 100% indigenization.
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