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LG Electronics remains Chola Securities' top pick in the consumer durables space
Dharmesh Kant, Head of Research at Chola Securities, believes Reliance Jio's upcoming IPO is fairly valued and could deliver 20-25% listing gains as investors assign a premium to emerging businesses such as AI, data centres and satellite services. He expects these segments to contribute more than half of Jio's revenue over the next decade. Kant is positive on consumer durables and LG Electronics, remains cautious on IT stocks beyond short-term trading opportunities, and sees limited structural upside in paint companies despite improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Voltas shares soar 5% as firm’s AC sales cross 1 million mark in record time in Q1 FY27
Voltas shares surged after the Tata Group firm announced a record-breaking achievement: selling over one million air conditioners in less than three months of FY27. This milestone underscores strong consumer demand and Voltas' dominant position in the Indian AC market, driven by product innovation and strategic initiatives. Management expressed confidence in continued growth and market leadership.
Voltas sells 1 million ACs in record 81 days of FY27; stock in focus
According to Voltas, robust consumer demand, innovation-led growth, strong execution and a series of strategic initiatives contributed to the record performance. Management said demand remains healthy across markets and expects momentum to continue in the coming months.
Voltas sells one million AC units in first quarter of FY27
Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.
Myntra EORS sees 30% rise in new shoppers; D2C brands log strong demand growth
Myntra said its latest End of Reason Sale (EORS) recorded a 30% year-on-year increase in first-time shoppers, with non-metro cities contributing 55% of new customers. Demand for homegrown direct-to-consumer (D2C) brands rose 40% from a year ago, while the platform added 5,000 first-time partner brands. Fast-delivery service M-Now and Gen Z-focused platform FWD also reported higher engagement.
Reliance AGM: Reliance Retail bets on AI and consumer intelligence to power next phase of growth
Reliance Retail reported strong growth in FY26, driven by quick commerce, grocery network expansion, and rising consumer demand in fashion and electronics. The company plans to leverage AI and consumer insights for future growth, aiming for ₹1 lakh crore revenue by FY30.
Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: Report
Power and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technology. This trend is driven by digital infrastructure and renewable energy needs. The private sector is now a major investor. Transport, chemicals, and metals also see substantial capital allocation. Consumer segments hold smaller shares.
Bata India appoints Sanjay Rao as MD & CEO
Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.
IKIGAI's Pankaj Tibrewal says opportunities now lie beyond the Nifty
IKIGAI Asset Manager's Pankaj Tibrewal sees a weaker rupee boosting India's export competitiveness, creating opportunities across auto parts, engineering, chemicals, textiles and electronics manufacturing.
The new man of steel! India seen to fill in the void China may leave
India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges and a focus on greener production.
India's Electronics Mart eyes new markets as tech hubs fear job losses
Electronics Mart India is diversifying its store presence beyond Hyderabad due to concerns about potential AI-driven job losses impacting consumer spending in the tech hub. The retailer plans to invest significantly in opening new stores, particularly in Kolkata and the New Delhi region, to reduce its dependence on the IT sector.
United Foodbrands among 6 consumer discretionary stocks that hit 52-week highs and rallied up to 70% in a month
A strong rally in Indian equities pushed several consumer discretionary stocks to fresh 52-week highs. United Foodbrands, Jay Bharat Maruti, Timex Group India, Sandhar Technologies, Goldiam International and SJS Enterprises scaled new peaks, reflecting robust investor confidence and positive momentum.