BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Horizontal classifieds, IndiaMart Intermesh Ltd. and Justdial Ltd., have shown resilient recovery in terms of traffic.
The combined traffic on both platforms is at an all-time high, having surpassed pre-Covid-19 levels. After declining 35% in April, traffic has increased approximately 93%, marking an overall increase of 26% from pre-Covid-19 levels.
Q2 FY21 has seen a noteworthy uptick in hiring activity at 31% sequentially, versus 50% decline in Q1 FY21.
While hiring is yet to reach last year’s levels – and was down 23% in September 2020 versus September 2019 – marked recovery has been seen in the last few months from 40-60% decline in April-June.
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