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 FY21, Amber Enterprises India Pvt Ltd. reached approximately 65% of pre-Covid-19 level revenue on a YoY basis.
The delay in recovery is attributable to lower volume offtake by its key clients, as their major focus remained on inventory liquidation at dealer level.
However, according to the management, pent up demand post ease in lockdown restrictions would help bring inventory to normal levels in Q2 FY21.
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