HDFC Securities’ Naveen Trivedi on Wednesday said the brokerage remains positive on consumer durables space with Crompton Consumer and Voltas as its top picks.
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“We like consumer durables space, we have positive ratings for most companies in our coverage universe and our top picks are Crompton and Voltas,” said Trivedi told CNBC-TV18.
The demand is still robust in the consumer durables sector post-festive season, he said.
“It seems that the housing activity is expected to do better in the coming years. So the core categories like the fan are expected to do well.”
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(Edited by : Ajay Vaishnav)