Consumer Discretionary Q4 Results Preview - Soft; Green Shoots Visible In Value Fashion: HDFC Securities

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..HDFC Securities Institutional Equities.Our discretionary universe is expected to grow by ~13.1% YoY in Q4 FY24 (excluding jewellery: ~12%). Q4 is likely to be the last quarter contending with a high base. Wedding season hasn’t been as upbeat as expected. Same-store sales growth across categories range between negative to positive single digits as ticket sizes and purchase frequencies continue to normalise downwards. That said, green shoots in value fashion can be seen in Q4 (albeit on a low base). We expect jewellery, food and grocery, paints, apparel, and footwear to clock ~16%, 20%, 2%, 23%, and 6% YoY in Q4. Note: Organic apparel growth (excluding Trent) is expected to be sub-10%..Click on the attachment to read the full report:.Pharma, Healthcare Q4 Results Preview - Domestic Business Marred By Weak Seasonality: Yes Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Consumer Discretionary Q4 Results Preview - Soft; Green Shoots Visible In Value Fashion: HDFC Securities

A pick-up in demand is only likely to be H2 FY25 onwards.

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Consumer Discretionary Q4 Results Preview - Soft; Green Shoots Visible In Value Fashion: HDFC Securities

A pick-up in demand is only likely to be H2 FY25 onwards.

Choose a plan

Follow Us

DOWNLOAD THE APP