Ahead of India’s festive and winter wedding season, consumer demand is showing visible strength across categories such as jewellery, FMCG, paints and more. Despite mixed performance in the September quarter, improved demand visibility is lifting confidence among market watchers.
According to analyst Siddhartha Khemka, two companies stand out for investors: Titan Company (target ₹4,500) and Hindustan Unilever (HUL) (target ₹3,050). Titan, with its strong jewellery business, is expected to benefit from wedding-season purchases and rising demand for gold and branded jewellery.
HUL is seen as well-positioned given its diversified FMCG portfolio and the likelihood of increased consumption as households spend more during festivals and celebrations.
Looking ahead, the second half of the year could deliver a meaningful rebound for consumer-oriented firms, especially those with premium branding and broad product reach. For investors, Titan and HUL look like strong bets to ride this consumption wave.
