S&P BSE Cons Di Share Price, Analysis, Financial Reports

The index is quite sensitive to interest rates, which were surprisingly hiked 40 basis points by the RBI governor in the last week, hurting the investor sentiments. “We have forecast double-digit growth this festive season over the festive months of 2019,” said https://1investing.in/ Vishal Chaturvedi, vice-president , The Body Shop. “This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well.”

Its six-month net profit rose to Rs 31.73 crore, up 90 per cent from the same period last year. “We expect the company to keep growing in the coming quarters also. We recommend ‘buy’ with a target price of Rs 215 for medium to long term,” Firstcall said in its note. The shares of Kwality Dairy, a leading dairy product company, rose 75 per cent in the January-October period while its peers Nestle rose 12 per cent, GSK Consumer rose a little over 1 per cent while Hatsun Agro gave negative returns. “The company is doing well. The stock has low liquidity on most days. One should look at the coming results and then take a call on investing,” says Pachisia. The stock of Amtek India, a supplier of cast automotive components, has risen 113 per cent in the first ten months of 2011. Its peer companies such as Banco Products and Subros have fallen during the period.

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  • Some traders and investors use this technical indicator as an important factor for analysing a stock’s current value and for predicting its future price movement.
  • Its September quarter net profit rose 39 per cent quarter-on-quarter to Rs 33 crore.
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Domestic consumption is making a strong comeback, traditionally one of the main drivers of India’s economic growth. Simply put, when consumers spend more, businesses have more capital to invest in, and increased liquidity throughout the system energises complementary sectors and higher-end goods and services. A basket is a group of stocks or mutual funds handpicked under a trending theme.

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Most impacted would be consumer-facing sectors like FMCG, consumer discretionary, and auto. While their input cost is directly linked to underlying commodity prices, market competition does not allow cost pressures to be passed on easily. Also, during periods of high inflation, purchasing power of consumers comes down, thus impacting demand.

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The company has expanded margins by closing unviable stores and is developing its property at Batanagar in West Bengal which will generate cash. The company has exited lower segments and launched more products in the premium category, besides new lines for women and children. As an Added security measure to your account we need to verify your account details. We have received your acceptance to do payin of shares on your behalf in case there is net sell obligation. On Redemption of Demat units, funds will always be credited in ledger account held with Reliance Securities.

Some traders and investors use this technical indicator as an important factor for analyzing a stock’s current value and for predicting its future price movement. Is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Amid this gloom are a few shining examples of stocks that have withstood market storms and given stellar returns, stocks whose every fall was followed by a sharper bounce. Market volatility and falling stocks have been on front pages of newspapers for the last one year. The Consumer Discretionary sector is among the leading sectors when the economy starts to grow as employment and profits rise during early expansion. In case of any dispute between the Participants and the investors arising out of this facility, NSEIL/BSE and / or NSCCL/ICCL agrees to extend the necessary support for the speedy redressal of the disputes.

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Besides, the government’s capex push, favourable demographics as well as resilience in real estate shall enable long-term volume growth for segments within the space, including paints and electrical consumer companies, it said. Asian share markets struggled today as investors braced for the US Federal Reserve’s policy outcome later in the day with many looking for any signs of a slowdown in future rate hikes. “The company has reduced expenditure. It now uses about 50 per cent hydrochlorofluorocarbon it produces to manufacture PTFE, or polytetrafluoroethane. It exports the remaining HCFC22,” says Sumit Shrivastava, executive research analyst, Satco Securities. “PTFE prices have risen in the last two-three quarters, which has increased margins,” says Bhavin Parikh of Artham Advisory Services. While the stock is a good bet for long-term investors, it is better to buy on dips, says Shrivastava.

consumer discretionary stocks india

“We continue to like Polycab for its leadership position in the wire & cable space. Polycab has maintained its FY26E revenue guidance of Rs 20,000 crore (implied revenue CAGR of 13 per cent FY22-24E),” the brokerage said while recommending a target price of Rs 2,950. By Chibuike OguhApril 6 – Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even…

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Top picks: Sharekhan is bullish on these 6 consumer discretionary stocks

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The report from the Commerce Department on Friday also showed underlying inflation pressures building up last month, providing cover for the Federal Reserve to remain on its aggressive monetary policy tightening path. Going forward, as we enter the festive season, we expect domestic demand recovery to continue and propel discretionary consumption in India after a pandemic-induced hiatus of two years. That said, given the multiple moving parts , we expect volatility to remain elevated but directionally, we believe, trends will get better. The wave count is the same as in Nifty or Nifty 500, wave C up near the upper end of a 2 year channel and attempting to test the upper line again and again. In the process a blue expanding pattern has formed that maybe an ending pattern and today’s high almost kissed the blue line above.

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consumer discretionary stocks india

Further with the scare of the pandemic receding, the sectors such as footwear, amusement parks, multiplexes are likely to witness higher growth due to stable operations in the quarters ahead. Thus, FY2023 is expected to be one of strongest year for discretionary companies as recovery in footfalls and higher ticket purchases led by pent up demand would lead strong revenue growth. Further better operating leverage will boost profitability of these companies the coming quarters,” Sharekhan has claimed in its note. Alfa Laval has given 89 per cent returns in the first ten months of the year. One reason is that the company has announced plans to delist shares from exchanges at a price of Rs 2,045 per share. The stock is near the offer price and is expected to find support from any steep fall.

“In 2009, the company dropped the delisting plan, citing fund availability as a constraint, but some investors are hoping the company will delist in the future. This has supported the stock. The stock can be looked at from a long-term perspective. One can buy on dips,” says Pachisia. Consumer discretionary spending seems to be the one of the key reasons for the performance of a number of these stocks. Also, the ability of a company to deliver profitability remains at the heart of any stock’s buoyancy. Another factor is the assets it holds, such as land, and free cash reserves. India’s consumer discretionary sector, including auto, will take a backseat for a while as the country struggles to revive consumption amid the coronavirus pandemic.“Valuations are nice but they are not going to regain their highs.

“The key, especially for PSU banks, is how the NPA trajectory is moving and how growth is coming along. Everyone agrees on the point that we have formed a bottom on the NPA cycle, so the credit cost issues would not be there much.” Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Good funda Consumer based story stocks

We’re taking a pause on that,” said Kenneth Andrade, founder and chief investment officer of Old Bridge Capital. “It won’t de-grow in perpetuity but the best is behind us,” he told BloombergQuint in an int… The modus operandi observed is that once a client pays amount to them, huge profits are shown in his account online inducing more investment. However, they stop responding when client demands return of amount invested and profit earned. Due to this surge in demand, sales in these sectors get impacted positively, especially in sectors like consumer durables and automobiles. Also, the allied industry, like NBFCs see surge in demand for small consumer loans.

Browse the various baskets and invest in the theme you believe in. The S&P BSE Consumer Discretionary Goods & Services is designed to provide investors with a benchmark reflecting companies included in the S&P BSE AllCap that are classified as members of the consumer discretionary goods & services sector. “Our preferred picks based on the theme are Aditya Birla Fashion & Retail , Trent, Indian Hotels Company, Bata India, Wonderla Holidays and PVR. From the non-coverage companies Varun Beverages , strong player in the domestic beverage space, is expected to post strong performance in the coming quarters due to expected improvement in the consumption of out-of-home products ,” said the brokerage. Footwear, branded apparels, restaurants/fine-dine, beverages & confectionaries, multiplexes, hotels and amusement parks companies’ dismal performance during the pandemic.

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. He previously worked for Goodreturns.in and has over 5 years of expertise in the finance and business sector. Stocks, mutual funds, personal finance, tax, and banking are among his specialties, and he is a professional in industry research and business reporting. He received his bachelor’s degree from Dr. CV Raman University and also have completed Diploma in Journalism and Mass Communication . “Managements of most of the retail, restaurant and hotel companies stated that the strong growth momentum witnessed in February-March Q4FY2022 have sustained in April-May and will help companies to clock strong performance in Q1FY2023.

Given the recent decline in raw material prices in the range of 5-26 per cent, analysts are beginning to turn bullish on consumer discretionary stocks. Domestic brokerage ICICI Direct said companies from PVC pipes, consumer electricals and paint segments shall be major beneficiaries of the decline in raw material prices. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Please note Brokerage would not exceed the SEBI prescribed limit.

Its September quarter net profit rose 39 per cent quarter-on-quarter to Rs 33 crore. The best stock screening, equity research and company analysis tool built by a passionate team of investors at Finology®. The brokerage is bullish on Asian Paints given its leadership position in the decorative paints market and high earnings growth in the backdrop of recovery in EBITDA. “While Q2FY23 will see the impact of high-cost inventories, EBITDA margin recovery will kick in from Q3FY23 onwards, supported by softening of raw material prices. Going forward, we revise our margin estimates for Asian Paints upwards by 60 bps YoY for FY24E,” it said.


Abigail Martínez

Licenciada en Ciencia Política y Relaciones Internacionales por el CIDE (Centro de Investigación y Docencia Económicas) y Maestra en Políticas Públicas por Macquarie University. Se especializa en análisis político y comunicación estratégica. Colaboradora de The HuffPost México, Gluc MX y ENEUSmx.

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