Real Estate, Logistics, Ceramics Sector Q4 Preview - Expect Strong Growth In Sales Volumes: Nirmal Bang
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Nirmal Bang Report
Q4 FY21 started with good consumer sentiments on the back of strong sales volume in Q3 FY21 and continued push from various state governments in the form on concessions in stamp duty, floor space index premium discounts, etc.
For Q4 FY21, companies have reported strong pre sales, implying that problems related to raw material availability and labor migration have started to fade away.
While pre-sales for companies have been encouraging to a certain extent, the distress in realizations is expected to continue.
The retail segment was one of the worst affected segments due to Covid-19 for the real estate companies.
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