Dolat Capital: Logistics Sector Monthly Trend - September 2020
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.
Dolat Capital Report
1. Total Container Rail volumes declined by 8.4% YoY (year-to-date: 14% YoY) during August 2020.
Export import volumes dropped by 11% YoY after reporting down 12%/down 21% YoY growth in previous two months.
Year-to-date growth declined by 15%. Domestic segment volumes registered a growth of 6% YoY after reporting down 16%/up 3% YoY growth in previous two months.
2. Container volumes for Major Ports (in twenty-foot equivalent unit terms) declined by down 13% YoY in August 2020 (versus approximately down 15%/dwon 24% YoY in July/June).
Portwise, volume growth: Deendayal and New Mangalore reported the positive growth of 22%/7% YoY respectively offset the decline in the other larger ports.
3. Aggregate cargo volumes (at major ports) declined -10% YoY in August 2020.
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 brokerage 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.