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.
ICICI Direct Report
In Q2 FY22, companies in our consumer discretionary universe are likely to report strong revenue growth of ~18% YoY.
This is largely supported by a favorable base and demand revival led by easing of lockdown restrictions post the second wave of pandemic.
We believe a swift demand recovery aids our coverage companies to cross their pre Covid-19 level sales in Q2 FY22.
The home building material companies in the paints and piping segment are likely to report strong revenue growth backed by a pick-up in real estate demand and renovation activity.
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