Honeywell Automation Annual Report Analysis – Well-Round Play On Secular Growth Themes: 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.

In Annual Report 2021, Honeywell Automation India Ltd. has highlighted about acceleration in the adoption of remote engineering solutions post Covid-19, ongoing product portfolio upgradation, transformation into software industrial company and relentless focus on cost control.

Industrial and building automation markets are projected to grow at 15% plus compound annual growth rate over the next four to five years, with high returns expected from technologies like artificial intelligence, industrial internet of things (connected devices), quantum computing and cloud software solutions.

Management expects that sectors such as pharma, healthcare, data center, chemical, warehouse, etc. would drive growth in the near term, while infrastructure creation (airports, metros, smart cities), private capex recovery and thrust on local manufacturing via PLI schemes augur well for long term growth of Honeywell Automation.

Click on the attachment to read the full report:

Dolat Capital Honeywell India Annual Report Analysis.pdf


This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
editorpen Governmental News Finance News

Source link

Back to top button