India Strategy - Covid-19 Wave To Provide Entry Opportunity: Prabhudas Lilladher

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.

Prabhudas Lilladher Report

Indian economic is on a firm recovery and budget has boosted the prospects due to significant capex boost, public sector undertaking divestment plan and Reserve bank of India resolve to maintain accommodative monetary policy stance.

However sharp spike in Covid-19 cases is likely to disturb growth momentum in the near term.

We believe Q1 FY22 presents challenge given expected lockdowns due to second wave of Covid-19.

We believe long terms trends in Infra, housing, IT services, pharma, chemicals, banking financial services and insurance, agri and E-commerce are intact.

E-com, electric vehicles, over-the-top, green energy, make in India and financialisation will be key market drivers in the coming decade.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.