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.
Systematix Research Report
Despite a strong growth momentum in the export market and an increase in the prices of most chemicals, we expect a QoQ decline in sales for our chemicals coverage universe due to a slowdown in domestic activities because of the lockdown (~50% sales from the domestic market) and lower volume offtake in the distribution channel.
Within textiles, we expect a high double-digit sales decline QoQ for the garment segment due to one-month production loss (May-2021) because of Covid-19 led restrictions.
The yarn and fabric industry will be less impacted as it works with a one-month inventory and the continued rise in yarn prices.
We remain positive on the packaging sector due to increased demand for packaging products post the pandemic and the expected industry consolidation.
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