Motilal Oswal: India Strategy - Q2 Preview - Back In The Saddle 

Motilal Oswal: India Strategy - Q2 Preview - Back In The Saddle

A vendor prepares balloon targets for a shooting game at Marina Beach in Chennai, India. (Photographer Dhiraj Singh/Bloomberg)

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Motilal Oswal Report

After an unparalleled Q1 FY21, the road toward normalisation has gathered steam June 2020 onwards.

This has been possible with series of unlock measures being unveiled by the central and state governments.

India transitioned in the quarter from localised lockdowns to widespread opening up with very few sectors now under restriction ahead of the festive season.

Q2 FY21 has been characterised by improving data points on multiple fronts. Covid-19 infections have started tapering off toward the end of the quarter and economic activity has picked up.

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

Click on the attachment to read the full report:

Motilal Oswal India Strategy Q2FY21 Result Preview.pdf
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