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 Securities Report
October 2020 dispatches are a sign of continued festive growth expectations of original equipment manufacturers as second phase of festive season kicks-off in November 2020; however, rising discounts do not correlate with demand strength narrative.
We believe channel inventory clearance remains key dealer task (our estimate more than six weeks) in November 2020, thus, any slack in retail demand could disrupt wholesale dispatches of OEM’s in December 2020/January 2021.
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 brokerage 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.