ECONOMY

Capital Goods And Defence Earnings Preview – Healthy Q4 As Recovery Gathers Momentum: Dolat Capital  

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.

We expect FY21 to end on a good note for most of companies under our coverage universe, as ordering activities along with execution momentum have gained traction due to a revival in economic activities.

Normalization of supply chain, onsite labor availability, pro-growth budget, extension of performance-linked incentive scheme to many sectors and pick up in core sectors like infra, realty, cement, metal are the key driving factors for earnings uptick in medium to long term.

However, resurgence of Covid-19 could be key catalyst to watch out for in near term.

Click on the attachment to read the full report:

Dolat Capital – Capital Goods and Defence – Q4FY21 Quarterly Preview.pdf

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