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
After the brief resumption of execution over H1 FY21, the second Covid-19 wave once again disrupted the end markets.
While capex in the automobile sector remained subdued in FY21, end markets such as pharmaceuticals, food and beverages, metro, railways, steel and cement, and power transmission and distrbution saw an uptick in ordering activity.
In the buildings segment, while ordering activity declined for the industry, it stood flat YoY for Siemens Ltd. as it was able to tap certain pockets of growth.
Central government and private capex were robust, although the state government capex is yet to revive. For Siemens, the private sector forms ~84% of its order book, while the government accounts for the remainder.
Click on the attachment to read the full report:
DISCLAIMER
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.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
