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.
Centrum Broking Report
Our interaction with the management reinforced our confidence in the company.
With extension in hair oil portfolio – ADHO, Amla and Coconut, Bajaj Consumer has expanded its total addressable market in a ~Rs 130 billion category.
It is now pushing the peddle on its go-to-market strategy to revive growth, as people, processes and systems are in place.
We believe decline in wholesale contribution would have short-term impact, as it would take time to build traditional distribution in rural markets and improve its direct reach.
The management alluded that competition is driving volume-led growth in the lower price Amla segment, yet company would be selective in playing this segment.
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 author entity 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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR