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This Article is From Dec 19, 2022

Logistics Sector Check - Robust Activity Recorded In November: Motilal Oswal

Logistics Sector Check - Robust Activity Recorded In November: Motilal Oswal
Containers at port. (Photo: Bernd Dittrich /Unsplash)

BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Motilal Oswal Report

Logistics activity improved in Nov-22 with daily average e-way bill generations rising 8.5% month-on-month. The fleet utilisation level stood at 80-85% during the month. Daily average FASTag toll collections jumped ~8% month-on-month in Nov-22.

Exim container volumes handled by Indian Railways increased ~5% YoY with the market share of Indian Railways in Exim containers rising to 35% as of Nov-22 (from 34% in Nov-21). Overall, the container volumes handled at ports increased ~2% YoY.

Volumes handled at major ports rose ~2% YoY to 60.6 metric million tonne. Coal/fertiliser/container reported growth of ~9%/29%/2 YoY, respectively, in Nov-22. All other commodities registered YoY volume decline.

Diesel consumption improved 11% month-on-month during Nov-22 to 7.8 million tonnes.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime 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 BQ Prime.

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