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
We hosted management and experts from auto and auto ancillary ecosystem at our virtual conference. Key takeaways were as follows:
although retail demand is improving in tandem with recovery in the economy, semiconductor shortages are hampering the production of passenger vehicles and premium bikes;
green shoots can be seen in commercial vehicle segment with increasing traction in multi axle vehicle, tipper and internal combustion vehicle along with recovery in freight rate;
overall rural sentiment is positive and increase in spending power to boost up the overall consumption;
tractor demand is weak, high channel inventory and rising tractor prices are key laggards;
raw material inflation continues to impact near term margin.
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