Research ReportsRetail Sector Q4 Results Preview: Rural Recovery Momentum Likely To Lead To A Strong Quarter — Nirmal Bang
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Retail Sector Q4 Results Preview: Rural Recovery Momentum Likely To Lead To A Strong Quarter — Nirmal Bang
Nirmal Bang believes that a full-fledged recovery in volume for the mass category to pre-pandemic levels for V-Mart, Bata will take time mainly due to competitive intensity.
Q4 is usually a seasonally weak quarter for the retail industry, says Nirmal Bang.
(Photo: Nathalia Rosa/ Unsplash)
Nirmal Bang believes that the mass rural categories have been recovering well for the past couple of quarters and the continued momentum will be visible in numbers especially for V-Mart whose main customer base is in the income range of Rs 15,000-50,000.