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
Amara Raja Batteries Ltd. demonstrated strong operating performance in Q2 FY21.
Revenue was Rs 19.36 billion (up14.2% YoY), led by recovery in demand from the automotive (both original equipment manufacturer and replacement) and the industrial segment.
In addition, supply chain disruption faced by its competitors also aided the revenue growth.
While the overall demand scenario has improved since reopening of the economy, replacement demand is moderated for the four wheeler segment.
Although two-wheeler battery demand is strong, there is short supply in most parts of the country.
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 brokerage 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.
