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Stocks to benefit from icc world cup 2023

Uncover potential stocks to benefit from ICC World Cup 2023. Explore investment opportunities in sectors like media, tourism, and more as the global cricketing event unfolds.

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Stocks to benefit from icc world cup 2023

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  1. Stocks to benefit from ICC World cup 2023

  2. INTRODUCTION • In India, cricket is not just a sport but a religion. The game is played in every corner of the nation, and almost everyone follows it with fervor. But over the past ten years, one item has escaped us: an International Cricket Council (ICC) trophy. Under Mahendra Singh Dhoni's guidance, India last won the Champions Trophy in 2013 and the World Cup in 2011. • After a 12-year absence, India will host the ICC Cricket World Cup again. The national team will aim to build on their 2011 triumph and become just the second nation, after Australia, to win more than two ODI World Cups. The ICC World 2023 offers a number of firms' shares, so stock market investors can benefit greatly from the impending World Cup.

  3. Stocks to consider Here are a few stocks to benefit from ICC World Cup 2023: • The Indian Hotels Company: The hospitality industry is one that stands to gain greatly from the forthcoming World Cup. Ten cities—Chennai, Ahmedabad, Mumbai, Bengaluru, Delhi, Kolkata, Lucknow, Dharamshala, Hyderabad, and Pune—will host the event. Once the competition begins, spectators are predicted to pour into these cities in large numbers. • Jubilant FoodWorks: Like the hotel industry, another sector that can benefit from the ICC World Cup 2023 and the festive season is the retail food industry. It’s a given that fans who would come to watch their favorite teams lock horns for the cup will spend quite a lot on food. Jubilant FoodWorks Limited is a retail food-based company that sells ready-to-eat food through some well-known domestic and international brands. The international brands under the company include Domino’s, Dunkin’ Donuts, and Popeyes. The home-grown brands include Hong’s Kitchen and Ekdum, among others. • Interglobe Aviation: At a number of domestic and international airports, Interglobe Aviation Limited, also known as IndiGo, provides air transportation, pre- and post-flight cargo handling, and other related services. As of June 2023, the company's market share in the Indian aviation industry was a whopping 63.2%. Its shares were selling at Rs. 2,459.55 at the NSE and Rs. 2,460.40 at the BSE as of September 5, 2023. They have already produced a 21.17% return over the past year, and the growth is expected to continue in the months to come.

  4. VBL: The ICC World Cup 2023 can help Varun Beverages, a PepsiCo distributor, stock through more sales of soft drinks, advertising campaigns, and possible collaborations. Events related to sports increase beverage consumption and present marketing opportunities. But the company's ability to take advantage of these chances while controlling expenses and competition will determine its level of success. • Zomato: Especially for home-viewing parties, Zomato, an online food delivery company, can see a rise in orders and restaurant relationships during the ICC World Cup. To draw in more customers, they can make use of marketing initiatives and exclusive deals.

  5. THANKYOU!

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