MidCap Q3 Earnings Preview: Expect A Mixed Bag, Says Nirmal Bang 
A chart is displayed on the screen of a stock exchange in Germany. (Photographer: Krisztian Bocsi/Bloomberg)

MidCap Q3 Earnings Preview: Expect A Mixed Bag, Says Nirmal Bang 

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Nirmal Bang Report

We release our Q3 FY21 preview for our Mid-cap coverage stocks.

We have divided our coverage into two sections as -1.Specialty Chemicals and 2. Other Mid-caps.

Also, we have rolled forward valuations to FY23E earnings

From our Specialty Chemicals coverage universe, we expect companies in the fluorination space, namely SRF Ltd. and Navin Fluorine International Ltd. to continue their growth momentum in Q3 FY21.

Other Mid-cap companies - We expect a strong performance from Mold-Tek Packaging Ltd. in Q3 FY21 on the back of solid demand from paint companies as well as an improved outlook for chocolates and ice-cream orders.

Click on the attachment to read the full report:

Nirmal Bang Midcap Sector-3QFY21 Result Preview-7 January 2021.pdf


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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