Which companies can recover quickly after negative impact on balance sheet dueto COVID-19/20 & why

Discussion in 'Stock Advisory Services' started by Shreenath A, Sep 6, 2020.

  1. Shreenath A

    Shreenath A New Member

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    Could you please explain which companies according to you can recover quickly after COVID-19/20 and why. What parameters would you base your argument on. I am mainly asking about companies that are affected to a considerable extent by COVID-19/20
     
  2. Michael Gonsalves

    Michael Gonsalves Member Staff Member

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    Most companies have been adversely affected by Covid-19 as can be seen from Q1FY21 results.

    It appears that companies that rely on mass participation of people will be adversely affected even later. Examples are that of cinema companies like PVR, INOX or airline companies like Indigo, SPiceJet etc.

    Companies which make essentials and small-ticket products such as Nestle, HUL, Godrej will bounce back fast.

    One example is that of Bata. When schools and offices reopen, there will probably be a rush to buy shoes, which will benefit Bata.
     
  3. Shreenath A

    Shreenath A New Member

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    Thanks again Michael. Appreciate your quick response all the time
     
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