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.
KRChoksey Research Report
Earnings growth in Q1 FY22 was driven by low base in the corresponding period last year owing to the nation-wide lockdown in 2020.
However, Covid 2.0 negatively impacted financial performance of coverage companies due to localised lockdown and consequential decline in business sentiment.
Significant fiscal and monetary stimulus to tackle slowdown caused by the pandemic, has resulted into higher commodity prices and inflationary pressures.
Sectors such as automobiles and consumer witnessed higher raw material prices in the form of steel, metals, agricultural and dairy products.
We believe that inflationary pressure may sustain, and companies will take another round of product price hikes to sustain their operating margins.
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