Q3 FY22 Earnings Preview - Bullheaded Resilience: Motilal Oswal

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..Motilal Oswal Report.Nifty ended CY21 with an impressive 24% YoY gain and outperformed most of the global markets, despite severe Covid-19-related challenges and multiple headwinds on the supply side. Resilient corporate earnings, consistently strong domestic inflows in the equities and a highly successful Covid-19 vaccination program drove the outperformance, in our view. The last quarter of CY21, albeit, did witness elevated volatility and some pull-back with the influx of a new Covid variant (Omicron) as well as selling of $4.8 billion in Q3 FY22. The domestic vaccination drive acquired momentum steadily to end CY21 with a mammoth 1.45 billion administered doses (1.48 billion vaccine doses administered to date).While the third wave of Covid-19 is creating havoc throughout the country and daily cases have spiked ~10 times within three weeks to 87,000 per day from below 10,000, the impact of the new variant has mostly been mild with very low hospitalisation and mortality rates, so far..Click on the attachment to read the full report:.DISCLAIMERThis 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.

Q3 FY22 Earnings Preview - Bullheaded Resilience: Motilal Oswal

Q3 FY22 Earnings Preview - Bullheaded Resilience: Motilal Oswal

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