These stocks including Titan may shine in the wedding season, Motilal Oswal released report

New Delhi : Wedding season is going on in the country these days and it is estimated that about 48 lakh marriages will take place in this season. These estimates are for the months from November to December only. Due to this, growth can also be seen in the business related to weddings. In such a situation, this question definitely comes in your mind that which companies can benefit the most during the wedding season. Motilal Oswal Wealth Management, a company related to the finance sector, has asked investors to buy 5 such stocks which can give you big benefits.

According to Motilal Oswal Wealth Management, about 48 lakh marriages are going to take place in November-December this year. Due to the huge number of weddings, there is a possibility of business worth up to Rs 6 lakh crore. However, last year only 38 lakh marriages took place and at that time the business of about Rs 4.7 lakh crore was done. Around 4.5 lakh marriages are likely to take place in the country's capital Delhi alone in November-December.

To read other news related to business over here Click

Invest in these stocks

In its report, Motilal Oswal Wealth Management has said that due to large number of marriages, jewellery, retail, hotels and auto sectors can get huge benefits. In such a situation, this agency has selected 5 such companies, which can perform better in small to medium period i.e. 3 to 6 months. Motilal Oswal Wealth has advised to invest in it due to the rise of 10 to 15 percent.

titan

The first name among these stocks is that of Tata group company Titan. According to Motilal Oswal Wealth, after the reduction in custom duty on gold, there is a rise in wedding jewelery demand and this demand may increase even more in the coming 2 months. Currently, Titan's share is trading at Rs 3248.

Vedanta Fashions

The dates of the wedding season starting from this month may extend for a long time. Due to this, Vedanta Fashions' wedding collection brand Manyavar can benefit the most. This wedding season is the biggest opportunity for the company to achieve growth. At present the share of Vedanta Fashions is trading at Rs 1431.