Stocks to buy: Titan, Lenskart, Dabur among Nomura’s 17 consumer picks. Do you own any? - Add to cart
· economictimes.indiatimes.com
With the Q2 earnings season knocking on the door, Nomura expects demand to be largely stable despite the full effect of price hikes. It anticipates increased pressure on margins from higher-priced inventory. It expects volume growth to be largely stable sequentially, while pricing growth will be higher. The international brokerage estimates average EBITDA growth to moderate sequentially for its covered companies to 13.8% YoY, much above its eight-quarter average growth of 7% YoY. Here is a list of 17 consumer stocks on which Nomura has a ‘Buy’ call and its respective target prices. Add to cart
The other consumer stocks that have a ‘Buy’ recommendation from Nomura include Dabur, Colgate India, EPL, Asian Paints, Berger Paints, Kansai Nerolac, Brita...