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This Article is From Oct 12, 2020

Motilal Oswal: Earnings To Bounce Back From Q1 Lows

Motilal Oswal: Earnings To Bounce Back From Q1 Lows
A stock market chart on a screen in Germany. (Photographer: Alex Kraus/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

After an unparalleled Q1 FY21, normalization has gathered steam from June 2020, led by series of unlock measures by central and state governments.

India transitioned from localized lockdowns to widespread opening up with very few sectors now under restriction.

Q2 FY21 has witnessed improving data points on multiple fronts. Covid-19 infections have started tapering off while the economic activity has picked up.

Pent-up demand and inventory filling ahead of the festive season is helping the underlying recovery.

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.

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