Logistics  Sector Q3 Earnings Preview:  Healthy Volume Uptick In Road, Rail, Ports, Says ICICI Direct
An employee unloads pallets of beer and soft drinks from a delivery truck (Photographer Freya Ingrid Morales/Bloomberg)

Logistics Sector Q3 Earnings Preview: Healthy Volume Uptick In Road, Rail, Ports, Says ICICI Direct

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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.

ICICI Direct Report

Q3 ended on a strong note for the logistics sector, with growth returning to its fold.

Each month (October, November, and December) saw continued momentum due to normalisation of the economy and festivities generated demand.

While the vaccine related movement is yet to be strategised by companies (the management expects further clarity from the Government of India via the tender process towards mid-January), other core segments such as auto, pharma, e-commerce, micro small and medium enterprises saw a good pick-up in demand.

Click on the attachment to read the full report:

ICICI Direct Logistics Q3FY21 Result Preview.pdf

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