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
Business services stocks like Quess Corp Ltd., TeamLease Services Ltd. remained our high-conviction ideas over the previous six months and Security and Intelligence Services India Ltd. for around a month.
In line with our expectations, these stocks delivered stellar returns over the respective horizons (up to approximately three times returns over six month versus ~48%-59% benchmark return; up to 25% over one month versus 12%-13% benchmark return).
Partly, this was led by the strong comeback in the job market. After dismal months of April-May, which witnessed significant job losses, employment staged a steady rebound.
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