The quarter 2 earning season was to be expected like the new normal.
In which technology and telecom sectors should be in strong and positive numbers.
Except for these two sectors,
Almost every sector should get back to normal as lockdown has affected every business.
The surprise winner
The most shocking thing happened which was the companies which everyone thought will be in profit did not show great results.
Ultra tech, Ambuja, ACC reported year on year strong growth.
Is everything getting back?
Companies like Colgate, Marico have resulted in good numbers.
Titan, have seen a very good recovery and most importantly the jewellery shops have seen a very strong growth.
The people are in social distancing with everyone.
And because of that companies like Bajaj Auto, Maruti, Hero is seen in reflected positive growth.
In rural areas in the season of monsoon the Kharif crops have shown a positive result.
Are the lenders sensing a return to normalcy?
Banks like HDFC, Kotak, Axis, ICICI, etc have shown good results in the September quarter.
Not all categories are uniformly participating and not all companies equally benefiting after covid but every sector is getting back to normal.
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