Motilal Oswal: Earnings To Bounce Back From Q1 Lows

Motilal Oswal: Earnings To Bounce Back From Q1 Lows

A stock market chart on a screen in Germany. (Photographer: Alex Kraus/Bloomberg)

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Motilal Oswal Report

After an unparalleled Q1 FY21, normalization has gathered steam from June 2020, led by series of unlock measures by central and state governments.

India transitioned from localized lockdowns to widespread opening up with very few sectors now under restriction.

Q2 FY21 has witnessed improving data points on multiple fronts. Covid-19 infections have started tapering off while the economic activity has picked up.

Pent-up demand and inventory filling ahead of the festive season is helping the underlying recovery.

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Motilal Oswal Q2FY21 Earnings Preview.pdf
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