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.
Anand Rathi Report
Atul Ltd.’s Q2 revenue/Ebitda/profit after tax recovered well, rising 52%/65%/ 48% QoQ even as low demand from certain user industries tempered its YoY performance.
We are upbeat on its future performance, considering its greater focus on retail and branded products, ongoing capex to support revenue growth coupled with strong performances across business verticals, subsidiaries, associates and joint ventures.
Key risks - drop in spreads of major products, delay in capex and debottlenecking implementation, erratic increase in crude and derivatives prices.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.