BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Honeywell Automation India Ltd. is a domestic leader in process automation and pioneer in related technologies.
The company also has presence in building automation and has built a global engineering services business, which caters largely to the parent (U.S.-based Honeywell International Inc.) and its overseas subsidiaries.
Leveraging on the parent’s expertise, the company has market leadership in the domestic oil and gas space, both in the refinery segment and retail stations.
Export segment has become a major growth driver and this is likely to sustain.
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