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.
ICRA Research Report
The pace of growth of the Index of Industrial Production decelerated to 11.5% in July 2021 (down 10.5% in July 2020) from 13.6% in June 2021 (down 16.6% in June 2020), with the healthy sequential up-move benefitting from easing restrictions and rising mobility, being dwarfed by the continued normalisation of the base.
The IIP recorded a month-on-month uptick of 7.2% in July 2021, led by manufacturing (up 8.2%) and electricity (up 9.2%).
Industrial output in July 2021 trailed the pre-Covid-19 level by a marginal 0.3%, on account of the drag imposed by consumer durables on manufacturing, whereas mining and electricity posted an improvement relative to their July 2019 levels.
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 author entity 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