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.
Motilal Oswal Report
127 our universe and 34 Nifty companies have announced their results, as of 31 October 2021. The companies that have reported earnings so far comprise:
70% of estimate profit after tax for our universe,
71% of estimate profit after tax for the Nifty,
60% of India's market capitalisation, and
78% of the Nifty 50 index weight.
The Q2 FY22 earnings are marginally ahead of our expectations as the companies benefitted from-
strong revenue growth in the technology sector
steady recovery in loan growth, as well recovery and upgrade in the asset quality of most private sector banks (except Bandhan Bank Ltd.),
higher commodity prices and volume growth in the energy and metal sectors, and
opening up of the economy which boosted consumer and retail growth.
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