Looking for unique Valentines Day gift ideas? Take a stock of these options
Looking for unique Valentines Day gift ideas? Take a stock of these options
Stock market enthusiasts shouldn't conform to conventions.
Anyone may gift flowers, chocolates, cakes, show-pieces or dresses on Valentine's day, but why to buy such items when you can directly own a share of companies selling those items?
We suggest gift your valentines fundamentally sound stocks and make them wealthier by the next Valentine's Day.
We have compiled a list of Valentine's day-linked companies that you may consider:
1) Jubilant FoodWorks
Domino's and Dunkin Donuts, the two popular brands under Jubilant FoodWorks, have been generating good revenues for the company. The profit of the company is expetced to double by FY20. Meanwhile, global brokerage JP Morgan has recommened 'buy' on the stock with a target price of Rs 2500.
2) Titan
Sale of watches and eyewares have shown consistent trend. The company's net profit is expected to grow by 30 per cent year-on-year by FY20. Titan is placed at attractive valuations as compared to other stocks in the sector. Brokerage Prabhudas Lilladher has recommedned 'buy' on the stock with a target price of Rs 855.
3) Quick Heal
Quick heal posted strong earnings in the December quarter. Numbers suggested a recovery is in the offing. The company holds highest market shares in the consumer segment. Widespread virus issue on the online space has benefitted the company. The company has also launched fresh products on cyber security. Brokerage Edelweiss Securities has a 'buy' rating on the stock with a target price of Rs 390.
4) INOX Leisure
The company is showing a growth momentum in all the segments. Big-ticket movies are lined up for release. The stock is attractive valuation-wise, while the net profit is expected to triple by FY20. Nirmal Bank has recomemned 'buy' on the stock with a target price of Rs 362.
5) Arvind
Arvind is involved in marketing as many as 15 international brands, including Tommy Hilfiger, CK. The company itself has its own 25 brands such as Hanes, Arrow, Flying Machine etc. Recently, it entered into a deal with GAP also. ICICI Direct Securities has a 'buy' rating on the stock with a target price of Rs 480.
6) Nestle India
The company holds a significant market share in the chocolate business. KitKat, BarOne, Munch are three of its popular chocolate brands. The company also has a popular coffee brand Nescafe and Maggi is of course its most popular brand. Brokerage JP Morgan has a 'buy' rating on the stock with a target price of Rs 8250.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.