BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
We analyse the price movements of key commodities and identified companies from our coverage universe that can benefit or be impaired by movements in commodity prices.
Crude oil prices have started to cool off from its recent highs after the start of Russia-Ukraine conflict. However, it historically remains at elevated levels. With a fall in crude oil prices, even crude-based derivatives have started to follow suit. The whole commodity basket fell 6.1% sequentially in Q2 FY23 till date.
Companies raised prices multiple times in the past few quarters to combat the commodity inflation, which affected demand, especially in discretionary categories.
We expect gross margin to remain under pressure in the near term as companies are sitting on inventories purchased at higher costs, which will get consumed in the near term.
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This report is authored by an external party. BQ Prime 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 BQ Prime.
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