Sector Report

Hotels Sector Update: Aug`22 industry RevPAR 9% ab..

As per HVS Anarock, industry occupancies fell below 50% in Jan’22 owing to Omicron impact before recovering to ~55% in Feb’22 and 61% in Mar’22. This mo..

RBI Policy Announcement : Banking sector takeaways..

ADDITIONAL MEASURES Loan loss provisions A Discussion Paper would be released on loan loss provisioning based on expected loss approach and comments from stakeholde..

Specialty Chemical Sector Update: Impact of the ga..

Will Indian Chemical companies benefit from the gas crisis in Europe * Gas prices in Europe have risen 4.3x CY22’YTD, thus raising supply concerns from Europe &n..

Sector Update Automobiles: September 2022 auto sal..

Mumbai : Emkay Global Financial Services conducted a channel check to gauge the volumes’ estimate for the month of September. The channel checks indicate a positive..

Oil and Gas Sector Update: Gas prices set to get r..

As per media sources, prices of domestically produced natural gas are expected to increase to US$9/mmbtu for nominated fields (from US$6.1/mmbtu) and US$12/mmbtu (from US..

India Wood Panels Sector Update: Demand momentum r..

We attended the Matecia Building material exhibition, in which 70 plywood and MDF, 50 laminates, and five deco veneers companies from the wood panel industry participated..

Sector Update Automobiles: 1st festival to start p..

1st festival to start positively for autos, post Covid encouraging retails during Ganesh Chaturthi and Navratras * Our interactions with leading industry channel pa..

India BFSI Sector update: Karnataka Yatra: Bengalu..

We visited Bengaluru (the topmost credit market in Karnataka, with advance base of ~Rs5trn) and Tumakuru (the 7th largest, Rs112bn) – to interact with key market pa..

Metals Weekly: Winter is arriving in Europe, and w..

Winter is arriving in Europe, and will impact all * The EU has achieved ~87% of its gas storage capacity, which is more than its last five-year average. However, with ..

India Internet Day 2022 Sector Update: Capital-eff..

As Indian capital markets show relative strength with talk of decoupling from the global markets starting to come up, we are also seeing Indian internet ecosystem growing..

Telecom Sector update-Draft Telecom Bill: Deepenin..

DoT has published the draft Indian Telecommunication Bill, 2022 (click here and here) to restructure the legal and regulatory framework for the telecom sector to encompas..

Consumer Staples & Discretionary Sector Update: Hi..

We believe Nestle may potentially outperform HUL in long term driven by multiple favourable factors (both extrinsic and intrinsic). In Nestle, we like: * Penetration-l..