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.
Motilal Oswal Report
Titan Company Ltd.'s jewellery segment's (adjusting for one-off bullion sales) recovery of 98% is remarkable.
The first 10 days of the festive season, even when compared to the corresponding (non-Covid-19) period last year, shows single-digit YoY growth.
This, along with likely bunching up of wedding dates in Q3 FY21, offers hope that recovery to normalcy may actually take place (compared to continued guidance for Q4 FY21).
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