Notably, four of these stocks have doubled investors' wealth over the past four months. The analysis targeted stocks with a market capitalization exceeding Rs 1,000 crore and strong trading volumes.
So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. Sources told ET that 500 employees stand to enter the crorepati club through the public offering.
Over the last five weeks, a total of $575 million have been pulled out of India-dedicated funds, Elara Capital said. Out of the $575 million, a total of $360 million was redeemed from largecap funds, while $215 million was withdrawn from mid-cap funds.
Also, the marriage season is going to be better and that will help a lot of the discretionary demand in terms of gifting, in terms of paints, etc. So, we do see that volume growth for most companies in H2 should be better, plus pricing growth of 2% to 3% will gradually come back
Gautam Duggad, Head of Research at Motilal Oswal, shares his insights on the shifting landscape of the Indian consumption sector. While reducing their exposure to consumer discretionary stocks, they are finding opportunities in specific areas like jewelry, hotels, and food delivery. Their current focus has shifted towards sectors like IT, private banks, real estate, and industrials.
Zinka Logistics IPO: The Bengaluru-based company has set a price band of Rs 259-273 per share for its offer. The issue includes a fresh share issuance worth Rs 550 crore and an offer for sale (OFS) from existing shareholders of up to 2,06,85,800 shares, valued at Rs 564.72 crore at the upper end of the price range.
Gautam Duggad, Head of Research at Motilal Oswal, analyzes the recent earnings season, noting a slowdown in growth, particularly impacted by commodity sectors. Despite this, he sees potential in industrials, driven by government capex spending. While Nifty valuations offer limited room for expansion, Duggad suggests that market consolidation could create opportunities for growth in the coming year.
