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.
ICICI Securities Report
According to our proprietary model, business-to-business e-commerce total addressable market is poised for a compound annual growth rate of ~55.8% over FY23E-FY25E.
However, IndiaMart Intermesh Ltd. and Just Dial Ltd., the two listed stocks in the space, have corrected by ~55% and ~40% over the past one year.
On the other hand, strategic investors and private financial investors have turned bullish on the space.
In our view, this divergence is unlikely to last much longer. We expect both IndiaMart and Just Dial to outperform the broader markets over the next year given their large exposure to the fast growing B2B e-commerce space.
Click on the attachment to read the full report:
DISCLAIMER
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.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR