per capita spending

auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

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auto sector: Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha

“Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing. With per capita spending increasing, fast-moving electrical goods, home improvement, and auto sectors tend to do well,” says Gurmeet Chadha, Complete Circle ConsultantsWe are hearing reports suggesting an acute shortage of air conditioners and other consumer durable goods. … Read more