Happy Invested Holi 😁
Companies and sectors that might be affected because of the Holi Festival.
1. Consumer Spending Surge:💲
Most of the time, it is observed that products, whether food, beverages, or personal care items, manufactured by companies like Hindustan Unilever Ltd. (HUL) and Nestle India, often witness a surge during Holi, primarily due to consumers' stocking of festival needs.
2. Seasonal Trends in Equity Markets:📈📉
It could result in a surge in stock prices of retail chains like Reliance Retail (subsidiary of Reliance Industries), Aditya Birla Fashion & Retail Ltd., etc., as shoppers make increased purchases of clothing and accessories for the festive season.
3. Special Investment Products and Offers:🏦
For instance, in a festive season like Holi, banks such as HDFC Bank and State Bank of India (SBI) come up with special fixed deposit rates or loan offers to woo more customers who might be scouting to make big-ticket purchases or investments.
4. Cultural and Thematic Investing:🎢
It's not difficult to see how the next target for ESG investment could well be sustainable and eco-friendly products. For example, advertisements of eco-friendly and sustainable products, such as Asian Paints' variety of such paints.
The company also has its investments within various community and sustainability initiatives, thus sticking to themes such as renewal and ethical investment.
5. Tourism and Hospitality Boost:🌅
Indian Hotels Company Limited (IHCL), which operates Taj Hotels, has seen a spurt in occupancy levels, especially at places known for hosting large Holi celebrations such as Jaipur, Udaipur, and Varanasi.
Follow Ravi Prateek🥳😎 , I will try to make it a little easier for you to understand the roots of Investment.✌️😶
Wishing you all a Happy Holi .
Restaurant General Manager | High School Diploma in Hospitality
1moThis store is complete waste.. Very poor delivery service... Today third consecutive time the they sent momos without red chutney 😜 1st time i ignored, 2nd i gave feedback still no response and today again same thing 👌👌 Above that their number on zomato is invalid 😂😂 the taste is awesome so i keep ordering but now i will avoid 🙏🙏🙏