BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
After a lackluster Q1 and mild Q2 FY21 impacted by pandemic, we expect Q3 to witness early signs of normalcy.
This is especially for retail and media sector. Telecom was least impacted and is likely to register QoQ improvement in revenues.
Alcohol-beverage especially United Spirits Ltd. registered a modest decline in Q2 led by supportive base, pent-up demand and channel filling, but will see some softening (down 5.2% volume growth) due to high-base in Q3 FY21.
Hotel companies will continue to be under pressure led by steep average room rate (35-40%) drop and moderate occupancies at 35-40%.
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