Infrastructure Boosts India Core Sector Output In August: CARE Ratings
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
The performance of the eight core sectors has been strong in August 2021 with the base effect at play for the sixth successive month.
The core sector output grew by 11.6% during the month compared with 9.9% in the previous month and de-growth of 6.9% in the corresponding month of the previous year.
This expansion in the output can be ascribed to strong growth in coal, natural gas, cement and power sector during the month.
The performance of the core sectors on a sequential basis has been marginally lower by 0.9% over the previous month with a contraction in all sectors barring natural gas, steel and electricity.
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.