Long-term stock investments: With 48 lakh marriages, India’s wedding calendar is expected to bring in ₹6 lakh crore. For investors, this trend offers chances in industries such as retail, hotels, and jewellery. MOSL suggests securities with a 10-15% growth potential, such Titan & Eicher Motors.
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Long-term stock investments: The second-largest wedding market in the world, India, is expected to see an increase in spending as the wedding season gets going, offering stock market investors a chance to profit from this trend.
A Conference of All India Traders (CAIT) survey projects that 48 lakh weddings will occur in November and December, bringing in close to ₹6 lakh crore in revenue. This is significantly more than the 35 lakh weddings that generated ₹4.25 lakh crore in revenue the previous year. According to the CAIT research, there are 18 auspicious days in India this wedding season, compared to just 11 the previous year.
It is expected that this lavish wedding season will boost the jewellery, retail, hotel, and motor vehicle sectors.
In light of this, Motilal Oswal Financial Services, a domestic broking, suggested five stocks for purchase in the upcoming three to six months in order to generate returns of 10 to 15%. These consist of LemonTree, Vedant Fashions, Titan, Eicher Motors, and Safari.
Titan:
Titan: Long-term stock investments MOSL is optimistic about Titan Ltd., a company in the Tata group, because it thinks that demand for wedding jewellery has begun to increase since customs duties have been decreased and will continue to grow over the next two quarters. Given its superior market position, Titan is expected to beat other branded players, according to the report.
Eicher Motors:
Eicher Motors: Long-term stock investments According to the company, Royal Enfield’s fresh introductions, excellent accessibility of all models, and expanded promotional operations to increase consumer interest are driving better demand than it did during the holiday season.
Vedant Fashions:
Vedant Fashions: Long-term stock investments Higher and more dispersed wedding dates are expected to drive Vedant Fashions’ optimistic growth, according to MOSL. It believes that expanding its base in Manyavar will give it a lengthy runway for growth. According to MOSL, the expansion of newer categories also offers more growth stimuli.
Safari:
Safari: Long-term stock investments Compared to the previous quarter, which was impacted by the heatwave, Safari’s revenues are anticipated to rise as demand is anticipated to rebound, primarily due to seasonal prestocking, according to the broking. It additionally said that when the Jaipur Greenfield facility starts up in 3QFY25E, it will contribute to an extra rise in revenue.
Lemon Tree Hotels:
Lemon Tree Hotels: Finally, the stabilising of Aurika Mumbai, a robust wedding season, and positive demand-supply dynamics all contribute to the corporation’s outstanding development momentum in the remaining half of FY25. “We anticipate that the company’s OR, ARR, & EBITDA margins will improve as a result of renovation investments,” MOSL stated.
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