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.
Nirmal Bang Report
Revenue growth for capital goods and consumer durables sector in Q2 FY22 is expected to be ~19% YoY, which largely reflects price-led growth.
In consumer durables/electricals, July-August 2021 saw good offtake but September 2021 was muted.
Channel checks suggest that volume in Q2 FY22 was either flat YoY or declined across all product categories.
However, we have noted that a strong offtake in the business-to-business business will offset weakness in the business-to-consumer business.
Therefore, our revenue growth estimates largely reflect price-led growth.
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