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
We hosted three large distributors/dealers of Havells India Ltd., Orient Electric Ltd. and StoveKraft Ltd. as part of our brand-specific channel checks.
Our key takeaways include:
demand has picked up materially from the projects business-to-business in August 2021, which is benefitting Havells India, particularly in Delhi.
unorganised brands are not able to cope with rising commodity cost inflation and they continue to lose market share. This trend is expected to continue going forward, at least for two quarters.
construction-led demand is expected to pick up going forward and
festive season is expected to be strong if there is no third Covid-19 wave.
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.