ECONOMY

India Chartbook For September: 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.

The macroeconomic data for July-August 2021 continues to reflect low base of last year just after the lockdown in response the first wave of Covid- 19.

Hence it still be early to draw extrapolated trends for the months ahead.

The limited data for July-Aug immediately post the second lockdown including vehicle sales and consumption indicators alludes to some recovery in demand.

Nonetheless, demand continues to remain below pre-pandemic levels thus far.

Key industrial sectors witnessed jump in production growth for July 2021 – IIP (up 11% YoY), durables (up 20%), steel (up 9%), cement (up 22%).

Electricity generation growth for Aug 2021 improved 15% YoY.

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