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
Our channel checks across major Indian cities indicate that secondary sales in September 2021 have been muted.
We have noticed that project-related business has picked up and companies/brands have turned cautious in taking price hikes.
Since the vaccination drive has picked up, the festival season is expected to be very strong.
As per our channel feedback, customers have been in the saving mode for the past couple of quarters and this should unlock the pent-up demand during the festive season.
The air conditioner segment is having normal inventory levels and demand has largely been similar to last year’s level or has declined.
We have noticed an uptick in the business-to-business business in the AC category.
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.