7 Stocks To Buy From The Retail Space As recommended By Sharekhan

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Stock Analysis

Sharekhan has recently come out with its report on the Q1FY2022 Results Review in which it has done a thorough sectoral review. The broking firm has also reviewed the performance of the consumer discretionary space more popularly called the retailing space. It has highlighted 7 stocks to buy from the space. We would advise some caution as well as the markets have run-up sharply.

Sharekhan prefers companies with a pan-India presence, strong brand recognition and a stable balance sheet. Thus, it likes Trent and Aditya Birla Fashion and Retail, which are likely to see faster recovery post normalisation of the pandemic. “Aditya Birla Fashion and Retail will benefit from strong traction to new launches, increased contribution from private labels, market share gains from unorganised players and increased contribution from online sales while aggressive store expansions and leveraging on digital presence will aid growth for Trent. Strong brand recognition in the jewellery space, balance sheet strength, and good return ratios make Titan one of the better plays in the retail space. We like KPR Mill and Himatsingka Seide in the textiles space,” the brokerage has said.

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