News > Top Stock Picks: 15 Buy & Hold Stocks To Watch Now From Consumer Durables Sector
Top Stock Picks: 15 Buy & Hold Stocks To Watch Now From Consumer Durables Sector
Good Returns | 21/03/2022 12:03 PM | Click to read full article
Sharp increases in oil and metal prices have led to increases in key raw material costs, prompting ICICI Securities to maintain its bullish position in the consumer durables sector. As per the brokerage "Sharp increase in crude and metal prices led to increase in key raw material prices of our coverage universe in the range of 9% to 48% YoY during Q4FY22."
The brokerage further noted that "HDPE and LDPE prices have increased by 9% and 17% YoY, respectively, during Q4FY22.
