MECs expected to see sharper recovery in FY22: Ind-Ra


    New Delhi, April 22 | Mid-emerging corporates (MECs) sector is expected to see sharper recovery during FY22, ratings agency India Ratings and Research (Ind-Ra) said.

    Accordingly, the trend is expected to take place on the back of various cost cutting measures taken by several MECs and the availability of Covid emergency lines, recovery in the essential, non-discretionary and industrial segments.

    “Although the agency believes that some of the cutting measures may not be sustainable and there could be some margin correction in FY22, the availability of low-cost Covid emergency lines will help MECs sustain the improvement in credit and liquidity profiles,” the agency said.

    Notably, Ind-Ra witnessed an increase in the downgrades to upgrades ratio among MECs in 10MFY21 and this trend is expected to improve in FY22, if the leverage profile improves to absorb shocks and continued liquidity support is received.

    Besides, the agency believes that the recovery in the discretionary segment would be elongated till 4QFY22, owing to the expected prolonged demand-recovery.

    “However, the opening of offices, factories, retail stores and malls backed by the festive and marriage season demand led to the issuers in the other buckets witnessing a steady recovery over October – December 2020 which has been continuing in 4QFY21.”

    Furthermore, the impact of second wave of the Covid-19 virus and the effectiveness of vaccine remain a key monitorable for the economic recovery.

    Source: IANS

    Next Story

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    Social Media Expert And Founder Of Aapno Rajasthan Durgesh Dhaker Gives His Two Cents On Growing One's Reach Online

    “Work and you’ll get what you need; work harder and you’ll get what you want”.

    The above-mentioned quote speaks volumes about the courage of those who have made substantial breakthroughs in their life with hardwork and dedication.

    One such committed individual who is preparing several notable names with their social media reach is Durgesh Dhaker. An agile and someone who keeps himself upbeat with the happenings in the country, Durgesh has acquired expertise in carving the social media strategies for various stalwarts. He is also the founder of Aapno Rajasthan

    facebook page with more than 1 million likes which he gain within very short time with his expertise.

    Coming from the beautiful city of Chittorgarh in the land of Rajasthan, Durgesh Dhaker is making his parents and fellows pride of his strides and success acquired through hustling with perseverance. His social media expertise enables him to give his top tips for growing one’s social media presence, it is as below-

    1-Create a network

    Social media comprises of a huge number of people who need to build their reach, subsequently, it turns into a fiercely cutthroat spot where every individual is attempting to draw in mass consideration, thus it is basic that we upgrade our activities to pick a specialty which suits our inclinations, it ought to be something that you are prepared to deal with for quite a while of your life.

    Zero in on making an intuitive substance that can be discovered when somebody looks for it, the most ideal approach to do is to is utilize significant hashtags on Facebook, Twitter, etc.

    2-Create steady, quality posts that are relatable

    Today, the web has enough data however we can help our supporters discover quality data that isn’t excess by posting relatable substance according to our niche, recall, forthright, valuable, and quality substance is as yet restricted on the web, consequently assuming you give individuals what they are searching for reliably, gradually and slowly, you will see considerable development in individuals who follow you.

    3-Social media showcasing/connecting websites

    Social media marketing is perhaps the most ideal approach to get ideal reach online, to see speedy outcomes, posting cool videos, and opinion on the latest happenings are some methods which can be deployed. If one has a website on their name or related to their field of work then those can be attached on social media profiles to promote them better.

    In a nutshell, we can conclude that, according to Durgesh Dhaker, the top way to grow your social media presence is by being relevant and consistent with the content that is suited to the tastes of your target audience, linking several web pages and blogs to boost traffic and last but not the least correct marketing of your content that can lead to conversions.


    Please enter your comment!
    Please enter your name here