Top 5 Stocks that are likely to benefit from the World Cup 2023

After successfully hosting the G20 Summit, India is now all set to take centre stage in cricket by hosting the 2023 ICC Men's Cricket World Cup, scheduled to begin on October 5. What makes this World Cup extra special is that India will be the solo host this time. 

Not only are cricket fans thrilled, but there are also some exciting opportunities in the stock market associated with this mega event. 

So, let's get the ball rolling and explore everything from World Cup details to which stocks might just hit a sixer, thanks to the tournament. 🏏

About the World Cup 2023

The 2023 Men's Cricket World Cup is gearing up, with a total of ten teams set to participate. While eight teams have already secured their spots, the final two contenders will emerge through a thrilling qualifying tournament held in Zimbabwe.

For a quick visual preview of the participating teams, take a glance at the image below. It provides a clear snapshot of the exciting lineup.

Now that we've had a quick peek at the World Cup, let's take a step back and understand how this awesome tournament can actually be a big win for our economy! 🌏💰 

How Hosting the World Cup 2023 Will Transform Our Nation?

A KPMG study predicts that the 2023 Men's Cricket World Cup will be like a financial booster shot, injecting ₹13,500 crore into India's economy.

Now, let's explore how this is set to benefit the Indian economy in various ways:

1. Tourism Boost: The tournament will bring in tourists from all over the world, giving a boost to hotels, restaurants, and tourism-related businesses.

2. Spending Spree: People, both locals and tourists, will spend more on things like souvenirs, food, drinks, and transportation, benefiting various businesses like shops, eateries, and transport services.

3. Infrastructure Investment: The Indian government is investing heavily in upgrading the cities hosting matches, including stadiums, roads, and airports. This investment will improve the country's infrastructure for the long term.

4. Job Opportunities: The tournament is expected to create numerous temporary jobs in areas such as event management, security, hospitality, and transportation, offering employment opportunities to many.

Coming to the awaited section of the article.

Top Stocks Set to Win with World Cup 2023

Ah, I won't just hand you the company names on a silver platter! (Cunning chuckle) A little intrigue never hurt anyone, right? 🧐😈

Now you guys might be thinking, ye sab… 

Well, 

Lol, take down the hints. 
1. Global Travel Organiser ✈️
2. Your Travel Planning Pal 🌐
3. Stress-Free Stay Arranger 🏨
4. Snacks Assistant 🍿
5. Drink Provider 🍻

Now, let's take a brief look at each of them.

InterGlobe Aviation: Global Travel Expert ✈️

Alright, reader, when it's World Cup time, we need fans in the stands, and that means people from all over the world flying in. But it's not just the international crowd. We've got folks travelling domestically, too. That's where our market leader in the airline industry comes into play. The company is about to make a whole bunch of money! 🤑

InterGlobe Aviation, or IndiGo, started as a private company in India back in 2004 but decided to go public in 2006. It is India's biggest passenger airline. The company is all about keeping it simple and affordable - low fares, being on time and giving passengers a smooth, hassle-free ride. 

IndiGo shines in the world of low-cost carriers in India. What does the company do? Well, it's all about flying people and cargo, plus some in-flight shopping to sweeten the deal. Curious about the financials? Check below 👇

Surviving in the airline business is tough. Akasa Air recently faced challenges just like Kingfisher Airlines, Deccan Aviation, and Jet Airways did. 😵‍💫 

Want to know what's happening with Akasa Air after one year? Read more here: "Why is Akasa Air's 1-Year Success at Risk?" 

IRCTC: Your Travel Companion 🚆

This company, IRCTC, was founded on September 27, 1999. It's a government-owned business and is responsible for many things related to Indian Railways. It is the only company allowed to serve food on trains, sell train tickets online, and provide bottled water at stations and on trains. 

The company runs a popular website where you can do lots of railway-related stuff. It also does other things like e-catering, fancy lounges, and budget hotels to make your train journey better.

If you want to see how the company is doing financially, check out the numbers below 👇

Another company is in the spotlight for handling and overseeing infrastructure development projects for the Indian Railways. Dive into the story of how RVNL is navigating the rails of success.

The Indian Hotels Company Ltd.: Your Staycation Partner 🏨

Now, as people gather to enjoy the matches, another important industry steps into the spotlight - the Hospitality Industry. The Indian Hotels Company Limited (IHCL), founded by Jamsetji Tata, introduced its first hotel, The Taj Mahal Palace, in Bombay in 1903.

IHCL and its subsidiaries offer a range of brands and services that blend the warmth of Indian hospitality with top-notch service. These include: 

• Taj - the symbol of iconic hospitality
• SeleQtions - a curated collection of hotels
• Vivanta - a collection of upscale hotels
• Ginger - a brand that's redefining affordable luxury.

The IHCL leads the South Asian hospitality scene in terms of market capitalisation. Take a look below 👇

You can explore other companies in this sector by using Ticker by Finology.

Well, check this out! 📰 I stumbled upon this hilarious headline 🫢⬇️

Well, should we rethink our priorities? Apparently, the cricket fever has turned our luxury hotel seekers into aspiring hospital bed bookers! Who knew watching a match could be such an extreme sport? 

We've got stocks for the stadium-goers, but what about the rest of us, stuck at home with FOMO? 😢

Let's talk about how we can ride the cricket wave from our couches! And that leads us to our next company...

Zomato Ltd.: Your Foodie Fix 🍔

When you're busy watching the match, snacks are a must. And if you have a cricket-loving mom like mine, she won't be cooking – she'll be glued to the TV. We're all familiar with this company, but hang on for a moment; there's more to discover. 

Founded in 2010, Zomato is a major player in the online food delivery world. As of December 31, 2020, it ranked high in terms of the food value it delivers. 

What Zomato Does:

• Zomato's tech connects customers, restaurants, and delivery partners, serving various needs.
• Customers use it to find restaurants, read/write reviews, order food, book tables, and make payments.
• For restaurants, it offers marketing tools and a quality ingredient supply service called Hyperpure.
• Delivery partners get flexible earning opportunities.

Core Business Offerings:
1. Food Delivery
2. Dining-Out
3. Hyperpure (ingredient supply)
4. Zomato Gold (customer loyalty)

Zomato believes that Indians are dining out more than cooking at home, shaping its business around this idea. The company’s offerings aim to improve the variety, affordability, accessibility, and quality of restaurant food, benefiting both customers and the restaurant industry.

And here's a snapshot of its financials for a quick look! 👇

Alright, to satisfy your pizza cravings with Domino's, we have Jubilant Foodworks on our radar.🍕👀

Khana-vana toh sab thik hai, lekin, drinks ka kya? 

Varun Beverages Ltd.: Refreshing Moments 🥤

When it comes to drinks, we've got a fantastic pair - soft drinks for everyone and, if you're old enough (21+), a little something extra to jazz things up.

Meet Varun Beverages, a significant player in the beverage industry. It is the second-largest global franchisee for PepsiCo's Carbonated Soft Drinks (CSDs) and Non-Carbonated Beverages (NCBs). In India, it holds the official PepsiCo franchise. 

What's on Their Menu?
The company serves up a wide range of CSDs like Pepsi, Mirinda, and Mountain Dew. Plus, it has NCBs like Tropicana and Gatorade, not to mention Aquafina water.

Growing With PepsiCo:
These guys have been in a long-term love affair with PepsiCo since the '90s. They keep expanding, covering more territories and offering a broader range of drinks. India is their main playground, but they also play in Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe.

Varun Beverages is part of the RJ Corp group, which dabbles in everything from beverages to quick-service restaurants. 

Guess what? We've got the whole scoop on Varun Beverages in a dedicated article, so no snapshots of financials needed here! If you're thirsty for more knowledge about this company, all you need to know is just one click away.

Check this: Varun Beverages: A Refreshing Opportunity in India's Beverage Industry

And hey, speaking of drinks, don't forget to check out United Breweries as well! 

The Bottom Line

Cricket isn't just a sport; it's a religion for us Indians. As we gear up for the ICC Cricket ODI World Cup 2023, the excitement is through the roof! 

But hold on, it's not just the companies we mentioned earlier - there are broadcasters, online betting apps, and more in the game. Now, as I always say, do your homework before diving into investments. 

But for now, let's focus on the real action - who's going to win the trophy this year?

*Disclaimer: The stocks and companies discussed above aren't a recommendation from Insider by Finology and shall not be construed as a replacement for professional advice. Consult a professional or conduct the necessary research before making investment decisions.