Wedding Stocks: You can earn handsome profits in the season of weddings. In this season, the demand of many companies increases, by investing in which you can become rich. If you are also looking for the right stocks for investment, then this news can prove to be useful for you. The business of hotels, clothes and jewelry increases during the wedding season. There are some such companies, by investing in which you can earn a huge amount.
You can also invest in Tanishq, a jewelry company under Titan. Its shares closed at Rs 2596.20 on Wednesday. Tanishq does a huge business of jewelry in India. No marriage is considered auspicious without gold. Its stock has also seen a gain of up to 22 per cent in the last 6 months.
The clothing business also increases during the wedding season. Raymond is a well-known clothing brand in the country. This company provides engagement, turmeric, reception and wedding wear in every range. Today its share has closed at the rate of Rs.1537.36. Its stock has gained 10 per cent in the last few days.
IHCL is also a Tata Group company, which provides hotels and resorts. For this, the domestic brokerage firm has fixed a target price of Rs 360 for the investment. Its shares closed at Rs 325.10 on December 7.
It is also one of the country famous fashion companies, which comes under Vedanta Fashions. This brand provides ethnic outfits for women and men. Its stock closed at Rs 1338.40 today. According to the report, its stock has gained 29 per cent in the last 6 months. For this, a target price of Rs 1550 has been fixed.
Disclaimer: The purpose of this news is only to share information. MP Breaking News does not recommend investing in any stock or shares. This can be risky. Take expert advice before investing in any stock.