Consumer Sector Q3 Earnings Preview: Health, Hygiene Products To Drive The Show, Says KRChoksey
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.
We remain positive on consumer space given strong recovery of demand from rural India and gradual pickup in urban demand post unlock and normalisation of supply chain.
We believe that margins of the companies under coverage are likely to feel the heat given rising commodity costs and comeback of advertisement and marketing spends.
Due to improvement in consumer sentiment and declining Covid-19 cases, there has been uptick in discretionary spends and volume growth.
Most consumer companies witness recoveries with genuine demand coming for health products like immunity boosters. Most new launches have either been in the health and hygiene category or focused on immunity-boosting foods.
Click on the attachment to read the full report:
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.