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
In this update, we are rolling forward our valuation basis by six months for our coverage universe of consumer durables and capital goods from March 23 earnings per share to September 2023 EPS estimates.
We have also introduced FY24 estimates for our coverage universe.
We have not made any changes to our recommendations. We have not made any material changes to our estimates from FY22-FY23e.
We believe festive demand is a near term trigger for the consumer durables universe.
Our channel check suggest that festive season will be stronger than last year as fear of third Covid-19 wave is going away.
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