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.
ICICI Securities Report
Original equipment manufacturer's pre-festive channel filling has been adequate across categories (our estimate: four to six weeks) except high growth segments (e.g. sports utility vehicles) in anticipation of strong retail demand uptick in festive season.
OEMs are stocking consumer sentiment with new launches (e.g. XUV700, Punch), however, increasing price hikes (~7-10% across segments since January 2021), rising fuel costs and possible implementation of new bumper-to-bumper insurance regulation could limit consumer wallet spends.
Faster vaccination could help improve consumer sentiment revival across both urban and rural markets in H2 FY22.
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, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
