During Navratri, consider investing in stocks from sectors like consumer goods, Apparel & Accessories, and Fashion, as these often see increased demand during festive seasons. Companies in the FMCG sector, jewelry, and festive wear also tend to perform well. Always choose fundamentally strong stocks with good growth potential and a solid market presence.
The table below shows the best stocks to invest in this Navratri based on the highest market capitalisation and 1-year return.
| Stock Name | Close Price ₹ | Market Cap (In Cr) | 1Y Return % |
| Trent Ltd | 7487.90 | 271090.45 | 263.65 |
| Nestle India Ltd | 2674.85 | 261454.02 | 19.87 |
| Zomato Ltd | 274.15 | 239094.29 | 160.35 |
| Britannia Industries Ltd | 6331.75 | 155533.71 | 40.85 |
| Page Industries Ltd | 41663.55 | 47642.94 | 6.44 |
| Bikaji Foods International Ltd | 920.40 | 23662.37 | 88.68 |
| Raymond Lifestyle Ltd | 2306.35 | 14445.59 | -19.61 |
| Raymond Ltd | 1708.95 | 11612.66 | 56.35 |
| Hindustan Foods Ltd | 638.10 | 7548.54 | 17.10 |
| Kewal Kiran Clothing Ltd | 650.65 | 4061.72 | -8.25 |
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Introduction Of Stocks To Buy During Navratri 2024
Trent Ltd
The Market Cap of Trent Ltd is Rs. 271,090.45 crores. The stock’s monthly return is 6.08%. Its one-year return is 263.65%. The stock is 6.04% away from its 52-week high.
Trent Limited, a company based in India, specializes in retailing and trading a variety of merchandise such as apparel, footwear, accessories, toys, and games. The company operates under various retail formats like Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu/Xcite, Booker Wholesale, and ZARA.
Westside, the flagship format, offers a wide range of apparel, footwear, and accessories for men, women, and children, as well as furnishings and home accessories. Landmark, the family entertainment format, provides toys, books, and sports merchandise. Zudio, the value retail format, focuses on apparel and footwear for all family members. Utsa, the modern Indian lifestyle format, offers ethnic apparel, beauty products, and accessories.
Nestle India Ltd
The Market Cap of Nestle India Ltd is Rs. 261,454.02 crores. The stock’s monthly return is 7.79%. Its one-year return is 19.87%. The stock is currently 3.86% away from its 52-week high.
Nestle India Limited, an Indian company, primarily operates in the food industry. The company’s products are categorized into Milk Products and Nutrition, Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages, and Confectionery.
Under the Milk Products and Nutrition group, Nestle offers a range of items such as dairy whitener, condensed milk, UHT milk, yogurt, infant formula, baby food, and nutrition for healthcare. The Prepared Dishes and Cooking Aids group includes noodles, sauces, seasonings, pasta, and cereals. Powdered and Liquid Beverages consist of instant coffee, instant tea, and ready-to-drink beverages.
Zomato Ltd
The Market Cap of Zomato Ltd is Rs. 239,094.29 crores. The stock’s monthly return is 11.01%. Its one-year return is 160.35%. The stock is 8.79% away from its 52-week high.
Zomato Limited is an online portal that connects users, restaurant partners, and delivery partners. The company offers a platform for restaurant partners to promote themselves to their target audience in India and abroad and also supplies ingredients to these partners.
The company operates in India for food ordering and delivery, Hyperpure supplies (B2B business), Quick commerce business, and other residual segments. The food ordering and delivery segment facilitates online food orders and deliveries by linking users, restaurants, and delivery personnel. The Hyperpure supplies segment provides farm-to-fork supplies to restaurants in India.
Britannia Industries Ltd
The Market Cap of Britannia Industries Ltd is Rs. 155,533.71 crores. The stock’s monthly return is 8.65%. Its one-year return is 40.85%. The stock is 2.18% away from its 52-week high.
Britannia Industries Limited, an Indian food products company, is primarily involved in the production and sale of a wide range of food items. The company offers various product categories such as biscuits, dairy products, bread, rusk, cakes, and snacks.
Some of its popular biscuit brands include Good Day, Marie Gold, NutriChoice, and 50-50. The company also offers a range of dairy products like cheese, paneer, and ghee, as well as a variety of breads including gourmet breads, white bread, and wheat flour breads. Its cake products include Gobbles, Fudge, and Nuts and Raisin Romance Cake.
Page Industries Ltd
The Market Cap of Page Industries Ltd is Rs. 47,642.94 crores. The stock’s monthly return is 1.96%. Its one-year return is 6.44%. The stock is currently 5.85% away from its 52-week high.
Page Industries Limited is an Indian company that is fully involved in the design, development, manufacturing, sales, marketing, distribution, retail, and e-commerce of products. The company holds the license from JOCKEY International Inc.
The JOCKEY brand operates in various countries including India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the United Arab Emirates. Additionally, it is also authorized by Speedo International Ltd. to manufacture, market, and distribute the Speedo brand in India. With 15 manufacturing facilities located across Bangalore, Hassan, Mysore, Gowribidanur, Tiptur, and Tirupur, the company operates nationwide with a presence in over 1,800 cities and towns through 50,000 retail outlets.
Bikaji Foods International Ltd
The Market Cap of Bikaji Foods International Ltd is Rs. 23,662.37 crores. The stock’s monthly return is 11.73%. Its one-year return is 88.68%. The stock is 9.51% away from its 52-week high.
Bikaji Foods International Limited is a company based in India that specializes in ethnic snacks. The company is mainly engaged in the production, procurement, and sale of snack foods. It offers a variety of products in six categories: bhujia, namkeen, sweets, papad, western snacks, and other snacks.
The western snacks category includes chips, extruded products, and pellets, while the other snacks category encompasses gift packs, frozen food, mathri range, and cookies. Namkeen offerings consist of a range of products such as Roasted Crushed Peanuts, Crusty Nuts, and Masala Boondi, among others. Sweets produced by the company include Coconut Soanpapdi, Kaju Katli, and Gulab Jamun.
Raymond Lifestyle Ltd
The Market Cap of Raymond Lifestyle Ltd is Rs. 14,445.59 crores. The stock’s monthly return is -21.10%. Its one-year return is -19.61%. The stock is 34.41% away from its 52-week high.
Raymond Lifestyle Ltd, a subsidiary of Raymond Group, is a prominent player in the textile and apparel industry in India. It specializes in manufacturing and retailing a diverse range of high-quality fabrics, garments, and accessories, catering to both men and women.
The company is known for its flagship brand, Raymond, which is synonymous with premium suiting. It also owns well-known brands like Park Avenue, ColorPlus, and Parx, offering ready-to-wear clothing. Raymond Lifestyle Ltd focuses on innovation, style, and quality, maintaining a strong retail presence across India and in international markets, reinforcing its position as a leader in lifestyle fashion.
Raymond Ltd
The Market Cap of Raymond Ltd is Rs. 11,612.66 crores. The stock’s monthly return is -13.93%. Its one-year return is 56.35%. The stock is currently 39.27% away from its 52-week high.
Raymond Limited is a suiting manufacturer based in India that offers complete solutions for both fabrics and garments. The company is divided into eight segments: Textile, which consists of branded fabrics; Shirting, which includes shirting fabrics; Apparel, Tools, and Hardware, which manufactures and distributes precision-engineered components for tools and hardware.
Some of its well-known brands include Raymond, Park Avenue, ColorPlus, Raymond Ready to Wear, Parx, Ethnix, Raymond Home, and Raymond Made to Measure. Raymond Limited’s subsidiaries include Raymond Apparel Limited, and R&A Logistics Inc., among others.
Hindustan Foods Ltd
The Market Cap of Hindustan Foods Ltd is Rs. 7,548.54 crores. The stock’s monthly return is 14.88%. Its one-year return is 17.10%. The stock is 7.57% away from its 52-week high.
Hindustan Foods Limited, an India-based company, specializes in contract manufacturing of fast-moving consumer goods (FMCG) such as home care, personal care, foods, and refreshments, along with tea packaging and shoe job work. The company’s product range spans across food and beverages, home care, beauty and personal care, health and wellness, and pest control, as well as leather, sportswear, and accessories.
Under food and beverages, it offers breakfast cereals, snacks, spices, instant porridge, carbonated soft drinks, active water, and energy drinks. Home care products include surface cleaners, glass cleaners, toilet cleaners, liquid detergents, and powder detergents. Beauty and personal care offerings encompass hair care, toiletries, skincare, and baby care products.
Kewal Kiran Clothing Ltd
The Market Cap of Kewal Kiran Clothing Ltd is Rs. 4,061.72 crores. The stock’s monthly return is 6.40%, while its one-year return is -8.25%. The stock is currently 27.17% below its 52-week high.
Kewal Kiran Clothing Ltd (KKCL) is an Indian apparel company founded in 1981, known for its popular denim and lifestyle brands like Killer, Easies, LawmanPg3, and Integriti. The company designs, manufactures, and retails a wide range of clothing products, primarily targeting young adults and the fashion-conscious market.
KKCL has a significant presence in India with a robust distribution network, including exclusive brand outlets, multi-brand stores, and e-commerce channels. It focuses on quality and innovation, establishing itself as a prominent player in the Indian fashion and denim industry.
Benefits of Investing During Navratri 2024
The primary benefits of investing during Navratri 2024 include enhanced market sentiment and increased consumer spending. Investors often capitalize on this festive enthusiasm, leading to potentially favorable market conditions, higher demand for products, and a rise in stock values.
- Positive Market Sentiment: Navratri brings optimism to the markets as traders anticipate increased spending. This festive sentiment often leads to higher trading volumes and an upward trend in stock prices, benefiting investors with potential gains.
- Boost in Consumer Spending: During Navratri, people tend to spend more on apparel, jewelry, electronics, and FMCG products. This surge in demand drives company revenues, translating into better stock performance and profitability for businesses in these sectors.
- Attractive Discounts and Offers: Many companies offer festive deals and discounts during Navratri, which can lead to higher sales and improved quarterly results. Investors benefit from these short-term gains as stock prices often react positively to increased sales.
- Seasonal Growth Opportunities: Festive periods like Navratri present seasonal growth opportunities in sectors such as retail, fashion, and online food delivery. Investing in these sectors during this time can yield significant returns as they experience peak demand.
- Stable Investment Environment: Historically, the festive season creates a stable investment environment with reduced market volatility. Investors can leverage this stability to make more calculated decisions, maximizing returns while minimizing risks during this favorable period.
Risks to Consider Before Investing During Navratri
The main risk of investing during Navratri is the over-optimism in market sentiment, which can lead to inflated stock prices. Investors may buy at higher valuations, risking potential losses if prices correct post-festive season.
- High Valuations: Festive enthusiasm often drives stock prices higher, leading to overvaluation. Investing at these inflated levels can be risky, as stocks might struggle to maintain these prices once the festive fervor subsides.
- Short-Term Volatility: Markets can experience short-term volatility during Navratri due to speculative trading. Investors need to be cautious as rapid price fluctuations might affect their investments, leading to unpredictable gains or losses in the short term.
- Sector-Specific Risks: Not all sectors benefit equally during Navratri. Apparel, FMCG, and online food may thrive, but other sectors might underperform. Investors should focus on sectoral analysis to avoid investments in low-demand areas.
- Macro-Economic Factors: Broader economic conditions, like inflation or interest rate hikes, can overshadow festive market optimism. Such factors can negatively impact stocks, even in sectors expected to perform well during the festive season.
- Temporary Demand Surge: The increase in consumer spending during Navratri is often short-lived. Stocks that perform well during this period may not sustain the same momentum afterward, leading to possible corrections in their prices.
How to Invest in The Best Stocks in Navratri?
Investing in top stocks during Navratri can be rewarding. Start by researching companies that align with your financial goals and values. Focus on sectors that typically perform well during festive seasons, such as consumer goods and retail. Utilize online platforms like Alice Blue to open an account and execute your trades effectively.
Best Stocks to Invest in this Navratri – FAQs
The Best Stocks To Invest In Navratri 2024 #1: Trent Ltd
The Best Stocks To Invest In Navratri 2024 #2: Nestle India Ltd
The Best Stocks To Invest In Navratri 2024 #3: Zomato Ltd
The Best Stocks To Invest In Navratri 2024 #4: Britannia Industries Ltd
The Best Stocks To Invest In Navratri 2024 #5: Page Industries Ltd
The top 5 stocks are based on market capitalization.
The top stocks to purchase during Navratri based on one-year returns are Bikaji Foods International Ltd, Page Industries Ltd, Raymond Ltd, Britannia Industries Ltd, and Trent Ltd.
Before making investment decisions during Navratri, one should assess personal financial stability and investment goals. It’s essential to ensure that investments align with one’s risk tolerance and long-term aspirations. Additionally, being aware of market trends can help in making informed choices. The cultural aspects of Navratri may also influence consumer behavior and market dynamics. Being mindful of seasonal fluctuations and potential opportunities that arise during the festive period can lead to advantageous investment positions.
Navratri is considered an auspicious time for investment due to its cultural significance, symbolizing prosperity, wealth, and divine blessings. Many believe that making investments during this period attracts good fortune and the grace of goddess Durga. This belief drives increased buying in assets like gold and stocks, boosting market sentiment.
During Navratri, a balanced approach is advisable. Short-term investments can capitalize on festive spending spikes in sectors like apparel, FMCG, and online food. However, focusing on fundamentally strong stocks for long-term investments is also wise, as they offer sustained growth beyond the festival season. Combining both strategies ensures you benefit from immediate gains while building long-term wealth.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
