Industry Charts: CARE Ratings
Emissions rise from a chemical plants in Ankleshwar, Gujarat, India. (Photographer: Kanishka Sonthalia/Bloomberg/Bloomberg)

Industry Charts: CARE Ratings

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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.

CARE Ratings Research Report

Industry data chart from April 2020 to February 2021 shows a 17% decline on year-on-year basis in passenger vehicles, 35% in commercial vehicles, a 17% increase in agro chemicals, sharp cut in the sales of refrigerators, air conditioners, gems and jewellery, apparel.

In FMCG goods, soaps, detergents and shampoo fared well, whereas toothpaste, vegetable oil and milk are still lagging in year-on-year basis.

In infrastructure, while the pace of highway construction has outperformed the year ago period, cement and power sales are still lower.

All capital goods sales are lower than the year ago period by 15-50%.

Click on the attachment to read the full report:

CARE Ratings Industry_Charts March_2021.pdf

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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.

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