Realty, Ceramics Q3 Earnings Preview: Strong Growth In Sales Volumes; Prices Still Stressed, Says Nirmal Bang

Realty, Ceramics Q3 Earnings Preview: Strong Growth In Sales Volumes; Prices Still Stressed, Says Nirmal Bang

Outdoor wall tiles. (Source: Kajaria Ceramics)

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.

Nirmal Bang Report

Companies reported strong pre-sales, implying that problems related to raw material availability and labor migration have started to fade. While the pre-sales for companies have been encouraging to a certain extent, the distress in realizations is expected to continue.

The retail segment was one of the worst affected segments due to Covid-19 for the real estate companies.

Retail assets in certain states resumed operations in the initial months of Q2 FY21, with only select category of stores remaining open.

Click on the attachment to read the full report:

Nirmal Bang Real Estate and Ceramics Sector - Q3FY21 Result Preview- 7 January 2021.pdf
Read Document

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.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES