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 Direct Report
We expect healthy revenue growth for construction companies on a YoY basis driven by improved execution, albeit order inflow trend is mixed. For real estate companies, sales volume is likely to witness strong growth by favorable macro drivers, demand and new launches (in some case).
Going ahead, Omicron led restriction and likely launches in Q4 will be key monitorables for real estate companies.
We anticipate residential sales momentum will remain healthy driven by sustained demand, benign interest rates and new launch offtake.
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