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 Direct Report
Bajaj Electricals Ltd. reported strong Q2 FY21 results with top line growth of 11% YoY to Rs 1,217 crore led by strong performance of consumer products segment, which grew a healthy 13% YoY.
Strong demand from semi-urban and rural regions coupled with rise in work from home culture has led to the revival in demand for home appliances in urban India.
On the engineering and project front, closure of power distribution projects in Bihar help drive revenue in Q2 FY21.
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.
