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As of today, the Indian Stock Market is giving an Earning Yield of 5% (~PE of 20). At the same time, US 30 year G-Sec Yield is close to 4.6%, so here comes the question why any FII should invest in India when they are getting such high yields in US treasury, which is supposed to be the safest asset class in the world.
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This stimulus could provide crucial support to India's economic growth during a period of global economic uncertainty. However, the relief's actual impact hinges on complex factors including consumer confidence, broader economic conditions, and individual spending behaviours.
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Patanjali Foods share price: Patanjali Foods shares dropped by 2%, despite a 71% YoY increase in net profit for Q3 FY25. The FMCG and edible oils segments showed mixed results, with the former declining in revenue and the latter experiencing significant growth. The overall revenue from operations grew by 15.07% YoY.
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