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Thursday, December 19, 2024 | 06:14 PM ISTEN Hindi

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From Indian Hotels to PVR, here're eight summer stocks for your portfolio

Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain

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Ram Prasad SahuHamsini KarthikUjjval JauhariShreepad S Aute
With the mercury levels rising and the holiday break for schools beginning, summer stocks — be it cooling solutions or those related to holidays — tend to stand out. 

It is no surprise that some stocks in the air-conditioning space have outperformed the overall market in the last couple of months. The gains could continue given that India Meteorological Department (IMD) has predicted above-normal temperatures in key regions and an extended summer season. After a forgettable CY18 due to unseasonal rains, regulations and higher raw material costs, brokerages expect a better CY19 for cooling majors on account of lower costs

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