HOW DIFFERENT SECTORS HAVE IMPACTED FROM THE PANDEMIC AND HOW THEY ARE COPING UP.

1. IMPACTOFCOVIDONSELECTED
SECTORSOFINDIANSTOCKMAKRET
T R I S HA C
A M I T Y
U N I V ERS I T Y
B BA F I N A N C E

2. INTRODUCTION
The economic impact of the 2020 coronavirus pandemic in India has been largely disruptive.
India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics.
The sectors are majorly affected during this pandemic and this report discusses pandemic effects on three different sectors of India followed by
examples of two companies in each given sectors of the Indian stock market .

3. EFFECTOFCOVIDONTOURISMSECTOROFINDIA
The revenue of the tourism sector got down due to a strict ban on both
domestic and international flights.
The coronavirus pandemic has dealt a crippling blow to the Indian travel and
tourism industry and the entire value chain linked to the sector is likely to lose
around Rs 5 lakh crore or USD 65.57 billion, according to a study by industry
chamber CII
According to the Indian Association of tour operators, the hotel, aviation and
travel sector together may incur a loss of around 8,500 crores due to the
restriction imposed by the Indian government on the movement of flights.

4. MAHINDRA HOLIDAYS
At a time when most of the hospitality firms are witnessing falling
occupancy rates and are busy taking stock of the losses caused by
the coronavirus (Covid-19) pandemic, Mahindra Holidays &
Resorts India Ltd (MHRIL) is scouting for resorts it can acquire as
part of its expansion plan.
Since trustworthy brands will witness a high demand, no one will
want to take a chance with safety and hygiene. This will hold a
brand like MHRIL in good stead.MHRIL’s stock closed at
Rs170.75 a piece, up 5.11 per cent at the end of the trading session
on the BSE on Friday. The Sensex closed at 37,388.66, up 2.28 per
cent.

5. MAKEMYTRIP
Travel firm MakeMyTrip has announced salary cuts as tourism sector have taken a massive hit due to the
coronavirus outbreak.
MakeMyTrip founder Deep Kalra said that the pay cut will happen across top and managerial levels of the
company. Moreover, the salary cut has been done across MakeMyTrip (MMT) Limited subsidiaries - Goibibo
and redBus
MakeMyTrip and other travel firms have suffered massively since the coronavirus outbreak. MakeMyTrip
said that their business had stagnated due to a fall in bookings and cancellation of flights because of the
coronavirus pandemic.

6. In Q3 of FY20 MakeMyTrip's losses had
halved to $11 million owing to a gross
bookings jump of 19 per cent. However,
since late February it started seeing a steep
fall in its bookings.

7. AGRICULTURESECTOR
When India’s nationwide lockdown was announced in March,
the knee-jerk reaction was a mass exodus of migrant labour
back to rural hometowns, as workers moved to wait out the
lockdown while at home. The harvesting process, which usually
starts in mid-April, was thrown completely off balance,
resulting in major liquidity issues. The June crop is among those
that has been particularly hard hit, according to Grant Thornton

8. GODREJAGROVET
Godrej Industries agriculture arm Godrej Agrovet registered a 42.65% decline in consolidated net profit
to Rs69.20cr in March 2020 (Q4FY20) versus Rs120.68cr in Q4FY19. Consolidated total income
increased to Rs1,627.68cr in Q4 versus Rs1,390.91cr in Q4FY19.
For FY20, net profit and total income were at Rs300.58cr and Rs6,964.04cr respectively.

9. RALLISINDIA
While intimating about Covid-19 impact to
exchanges, Rallis India said the operations
were disrupted at most of its manufacturing
units ever since the lockdown was imposed.
This resulted in overall disruption in logistics
and supply chain from the last week of
March 2020.
Post Covid-19 impact announcement, Rallis
stock surged to nearly 7% on Sensex, ending
at Rs252 per piece.


10. EFFECTSOFCOVIDONITSECTOR
Since the country’s nearly 55 percent of electronics
imported from China, these have now slid down to 40
percent due to the coronavirus outbreak and
subsequent lockdown.
due to coronavirus Covid-19 outbreak, players in
India’s IT services, according to industry analysts, will
see a significant slowdown in growth during this
financial year

11. WIPRO
According to the announcement made by the Wipro group, Of the total ₹1,125 crore, Wipro Ltd’s
commitment will be ₹100 crore, while Wipro Enterprises Ltd will shell out ₹25 crore
IT major Wipro NSE 0.54 %’s net profit for the quarter ended June rose by a mere 0.11 per cent from a year
ago, and yet managed to beat estimates, but warned that Covid-19 pandemic could hit technology spending
and impact the company’s sales and financial performance

12. The company reported net profit at Rs 2,390.40 crore for the quarter ended June 30, compared with Rs
2,387.60 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected the figure
at Rs 2,101 cr ..
Jatin Dalal, Chief Financial Officer, Wipro said, “We expanded the margins during the quarter, despite
lower revenues, on the back of solid execution of several operational improvements and rupee depreciation.
We also continued to sustain robust cash generation with operating cash flows at 174.9 per cent of net
income.”

13. TECH MAHINDRA
Tech Mahindra has taken two major precautionary measures to handle the impact on the
business.
"We have increased the critical circuit capacity by 30% wherever doubled by service provider in
the span of 2 weeks. We are proactively monitoring the IT infra by our Network Operations Center
(NOC) on capacity and availability till now are absolutely under control," Ved Prakash Nirbhya,
CIO, Tech Mahindra, said.

14. THANK YOU