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
Greenply Industries Ltd. is well geared to witness smart recovery in plywood volumes aided by -
1. considerable balance sheet strengthening post Covid-19 driven by the company’s stricter control on receivables (which is likely to continue in the near term); and
2. impressive recovery in secondary real estate market post Q2 FY21 resulting in higher rate of occupation of premises.
Standalone margins too are likely to improve considerably driven by operating leverage and sustained cost rationalisation measures.
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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR