Jubilant Food, Bata: Consumption stocks get leg up amid festive boost

Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels

Nikita Vashisht | New Delhi
Last Updated at October 7, 2022 21:30 IST

An EcoScope report of Motilal Oswal Financial Services says that while urban consumption declined 18 per cent year-on-year

Revival in consumer sentiment is set to boost consumption-related stocks this festive season, believe analysts. According to those at Prabhudas Lilladher, consumer demand remained steady during the July-September quarter (Q2FY23), despite price hikes and inflation, and persistent rural weakness.

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