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Think about it: The number of taxpayers filing returns of over ₹1 crore has increased fivefold in a decade, from 44,078 in 2012-13 to 230,000 in 2022-23. Further, MOFSL estimates that more HNIs and UHNIs will help the wealth management sector grow at a CAGR of 13-14% over the next four to five years, from the current $1.2 trillion to …

India’s hotel Industry to grow at 9% CAGR against demand of 12%c CAGR: Report

New Delhi, December 12 : India's hotel industry is set for sustained growth as demand outpaces supply, according to a report by Axis Capital. The report forecasts a 12 per cent compound annual growth rate in demand for FY24-27E, compared to a more restrained 9 per cent CAGR in supply. The hotel industry in India is witnessing a cyclical recovery …

Growth

Grow

‘Wealth management industry likely to grow at a CAGR of 25-30%’

Chennai: The Indian healthcare sector is projected to reach $638 billion by 2025 with hospitals, pharmaceuticals and diagnostics seeing faster growth post the pandemic. Valued at $110 billion in 2016, the Indian healthcare market reached $372 billion in 2023, marking a 22.5 per cent CAGR growth and is expected to touch $638 billion in 2025. The sector has seen a …

The home and household sector will touch around $237 billion by 2030 at a compound annual growth rate of over 10%. The growth is fuelled by increasing disposable incomes, shifting consumer preferences and a growing focus on convenience across product categories, a report titled ‘Unlocking Opportunities in India’s Home & Household Market Thought Leadership’ by Deloitte India has said. Growth …

These are the five fastest-growing Indian stocks

Investors are always looking for stocks with exceptional growth potential, particularly those capable of accelerating revenue growth and profitability. Strong distribution networks in India and abroad have helped the company clock impressive sales growth of 15.5% in the past five years. Sales grew at a CAGR of 12.1% in the past five years due to a growing share of the …

Global brokerage firm Jefferies initiated coverage on 13 Indian stocks in 2024. Jefferies said that it expects EBITDA to grow 3x over FY24-FY28 as Adani Enterprises is riding on the strong industry tailwinds. Here's a look at 8 stocks on which Jefferies has initiated coverage this year: 360 One WAM: Jefferies said, “The asset management company is entering a PE …

Share Price of Mankind Pharma Ltd dipped more than 1% in the intraday trades on Friday. Mankind Pharma felt the impact of softness in acute segment sales during the September quarter that pulled down the domestic growth even as overall performance was lifted by continued traction in the Chronic portfolio, some price hikes and higher exports as per analysts. As …

Domestic Growth

Global investments in engineering, R&D to grow at 10% CAGR despite downturn: Bain and Company

Global investments in the engineering and research and development sector are likely to grow at compound annual growth rate of 10% despite a downturn, forecast Bain & Company. Enterprises’ global investments in ER&D were set to rise strongly over the next five years, expanding at a CAGR of 10% up to 2026 despite uncertain economic conditions that currently prevailed in …

SBI Card and Payments Services, India's second-largest credit card issuer, should see 23% compound annual growth rate in card spends over FY23-26e by leveraging State Bank of India's large customer base and its wide co-branded card tie-ups, as per global brokerage Jefferies. The recent underperformance vs NIFTY likely factors in NIM concerns,” said the brokerage while initiating coverage on SBI …