Corona is followed by a 67 per cent drop in sales of MSMEs

-

New delhi date. 12 September 2020, Saturday

All levels of economic activity have been adversely affected by the Corona epidemic as well as the adverse effects of the lockdown. As a result of the adversity, sales of six of the 1,200 small and medium-sized (MSMEs) companies listed on the stock exchange declined by up to 5 per cent during the June quarter, according to a study.

According to a study conducted by the CARE Rating Agency on the coroner's epidemic and lockdown of 12 listed companies on the stock market, i.e. operations / activities during the June quarter, small companies have been most adversely affected during this period.

Out of the 12 listed companies, 9 companies with a turnover of Rs. Companies with less than Rs 5 crore saw a 4 per cent decline in sales. Thus, the Corona epidemic-lockdown has had a serious impact on small companies.

However, during this period, large companies i.e. Rs. Sales of companies with a turnover of Rs 500 crore declined by 7.5 per cent. On the other hand, the sales of a company with a turnover of Rs 50 crore fell by 7.5 per cent and the sales of a company with a turnover of up to Rs 100 crore fell by 7.5 per cent.

According to experts, the epidemic has adversely affected companies around the world. According to a report by the global organization Mackenzie, the shutters of real estate, hotel-food parlors and small companies in the education sector will fall due to the adverse effects of the epidemic. Also companies that were not financially healthy before the epidemic. Those companies will also take over their business in the wake of the epidemic.

The study found that most companies believe the effects of the epidemic will be long-lasting. It is unlikely to improve in the near future.

Comments

Post a Comment

Popular posts from this blog

Covid-19 effect: Significant increase in demand for second hand cars in the country

-
Image
Mumbai, May 26, 2020, Tuesday As lockdowns are being phased out across the country, the use of private vehicles using public transport to reach their destinations is on the rise. The increasing use of private vehicles has also increased the demand for cars, especially secondhand cars. Demand for second-hand cars is unprecedented. Inquiries for second-hand cars have almost doubled during the lockdown period compared to the time before the lockdown, according to a survey of about 100 dealers and car buyers. Demand for used cars at dealers has been strong in the last few weeks, and is expected to grow as the lockdown eases. Consumers are increasingly interested in buying second-hand cars, especially smaller ones, due to lower income levels and health-related safety, said an organized second-hand car dealer. Inquiries for a particular vehicle, which used to be around 15 per cent before the lockdown, have now doubled to 5 per cent. Inquiries for new vehicles have fallen from 21 per cen...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more