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
Initial business updates for Q2 FY22 by some large and mid-corporates representing the organised sector from diverse parts of the economy such as discount retail (Avenue Supermarts Ltd. – 46.6% revenue growth), high-end jewellery and discretionary retail (Titan Company Ltd. – 78% revenue growth YoY), real estate (strong sales by Sobha Ltd., Macrotech Developers Ltd. and Oberoi Realty Ltd.), non banking financial company retail finance (Bajaj Finance Ltd. - assets under management up 22% YoY and 7% QoQ) and bank advances (QoQ AUM growth of 4.4%, 5.3% and 5.7% by HDFC Bank Ltd., IndusInd Bank Ltd. and Yes Bank Ltd., respectively) indicate economic recovery continues.
IT services growth continue to be steady as per Tata Consultancy Services Ltd.'s Q2 update.
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