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.
Dolat Capital Report
Lux Industries Ltd.'s Q2 FY22 results were ahead of our estimates.
The company reported -1% volume growth with 22% price realisation.
Lux is expected to take 5-10% price increase in Q3.
We believe that up stocking would take place ahead of price hikes which would drive volumes.
Economy segment is likely to witness surge post stabilisation of prices.
Premium category was fastest growing, with 59% year-on-year growth in Q2 compared to mid-premium/economy (23%/12%).
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