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Business Standard

Consumer discretionary gets a leg up as equity investors chase quality

Earnings multiple of consumer durable firms at 3.5-year high

Topics
consumer market | equity investors | consumer durable stocks

Krishna Kant & Ashley Coutinho  |  Mumbai 



FMCG sector, goods, consumer, retail

coming to the rescue of India’s consumption demand story have pushed up the valuation of consumer discretionary stocks to their highest in three and half years. This is despite a sharp deterioration in firms’ fundamentals over the latest quarter.

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First Published: Thu, November 14 2019. 22:12 IST

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