Stocks to buy for long term: Titan to Vedant Fashion — MOSL lists 5 shares to buy amid great Indian wedding season

Stocks to Buy: With India’s wedding season underway, expectations are high for increased spending in the world’s second-largest wedding market, providing an opportunity for stock market investors to capitalise on this trend.

According to a study by the Confederation of All India Traders (CAIT), 48 lakh weddings are expected to take place in November and December, generating business worth nearly ₹6 lakh crore. This is much higher than the 35 lakh weddings that created ₹4.25 lakh crore worth of business last year. As per the CAIT report, the number of auspicious dates in India this wedding season is 18 as against 11 last year.

This extravagant wedding season is expected to drive gains in sectors like jewellery, retail, hotels and auto.

Safari: Safari’s revenues are expected to increase as demand is set to bounce back, driven by festive prestocking, compared to the preceding quarter, which was affected by the heatwave, said the brokerage. The Greenfield plant in Jaipur will provide an additional boost to revenue once it begins operations in 3QFY25E, it added.

Lemon Tree Hotels: Lastly, it sees strong growth momentum for in the second half of FY25 due to the stabilisation of Aurika Mumbai, strong wedding season and favourable demand-supply dynamics. “We expect investments in renovations to result in improved OR, ARR, and EBITDA margins for the company,” said MOSL.

Disclaimer: The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.