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This Article is From Dec 02, 2022

Symphony - Outlook Robust For 2023: Anand Rathi

Symphony - Outlook Robust For 2023: Anand Rathi
Symphony air cooler. (Source: Company website)

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. 

Anand Rathi Report

Rising mercury levels could brighten Symphony Ltd.'s fortunes. The inflationary context in the USA and Australia and rising logistics cost could dampen prospects of overseas subsidiaries and are key monitorables. Keen competition from peers with strong brands and marketing networks in summer of CY23 would also be an important factor to watch.

Risks: Keener competition and aggressive pricing by well established all-India brands can curtail growth. Rising inflation in America (export destination via global subsidiaries) can be a risk reducing growth of overseas subsidiaries.

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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