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DOMS Industries Limited is design, develop, manufacture, and sell a wide range of stationery and art products, primarily under the flagship brand 'DOMS', in the domestic market as well as in over 45 countries internationally, as of September 30, 2023. They are the second largest player in India's branded 'stationery and art' products market, with a market share of ~12% by value, as of Fiscal 2023. The keen focus on research and development (R&D), product engineering, and backward integrated manufacturing, operations, combined with their multichannel pan-India distribution network has enabled us to achieve a strong brand recall amongst consumers. Apply for IPOs with ease through Geojit's e-IPO platform. https://www.geojit.com/eipo. . . #DOMSIndustriesLimited #design #develop #manufacture #stationery #artproducts #industrialsector #IPOAnnouncement #IPOalert #EconomicGrowth #Investmentstrategy #geojit #invest #stocks #finance #DOMSIndustriesLimited #design #develop #manufacture #stationery #artproducts #industrialsector #IPOAnnouncement #IPOalert #EconomicGrowth #Investmentstrategy #geojit #invest #stocks #finance

💼The fundamental factor supporting the rally which has taken the market to record highs is the series of positive news: Q3 GDP growth rate of 7.6%, CPI inflation falling to 4.87%, Manufacturing PMI rising to 56, Brent crude declining to $76 and FPIs turning buyers aided by correction in US 10-year bond yield to 4.23%. 💼These positive economic news is being strengthened by expectations of political stability after the 2024 General elections. 💼Since these positive developments are mostly in the price, the market is likely to wait for incoming crucial data before making further moves. 💼Therefore, the market will be keenly watching the inflation print from the US tonight and the Fed’s message on Wednesday. 💼An important trend in the market is the accumulation happening in the fairly-priced segments like PSU banks and some leading private banks. . . . #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate

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💼Global and domestic cues favour continuation of the ongoing rally in the market despite high valuations. 💼FIIs turning buyers, strong DII inflows, exuberant retail investors and thriving IPO market supported by strong economic fundamentals can sustain the rally in the short run ignoring the high valuations. 💼The overarching message from the RBI on Wednesday was that 7percent GDP growth for FY 24 is a conservative estimate. 💼This is an indication of the growth momentum in the economy. 💼A significant trend in the market is the outperformance of the Bank Nifty over the Nifty. 💼Last week while while Nifty appreciated by 3.5 percent, Bank Nifty shot up by 5.5 percent. 💼This outperformance is likely to continue, given the fair valuations of banking stocks, particularly the leading names. 💼For the overall market safety is now in large caps. . . . #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate