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Havells, Dixon, PG Electroplast — Nirmal Bang's Top Stock Picks In Consumer Durables; Q1 Results Preview

Nirmal Bang remains positive on Havells in the consumer durable segment along with PG Electroplast and Dixon in the EMS segment

<div class="paragraphs"><p>Consumer durables and consumer electricals are expected to witness margin contractions of 130bps and 8.9bps YoY, respectively. (Photo source: Anirudh Saligrama NDTV Profit)</p></div>
Consumer durables and consumer electricals are expected to witness margin contractions of 130bps and 8.9bps YoY, respectively. (Photo source: Anirudh Saligrama NDTV Profit)
Within segments, Polycab (wires and cables) along with Dixon and Amber are expected to outperform on both revenue and profitability, whereas Voltas may disappoint on the sales front.
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