LG Electronics and Polycab Highlighted for Growth Amid Premiumisation
Consumer durable demand is recovering unevenly this festive season, driven by premiumisation and weather-related sales in select categories. Analyst Siddhartha Khemka identifies LG Electronics and Polycab as strong picks due to their growth prospects fueled by infrastructure demand and premiumisation trends. LG's target price is Rs 2,075, while Polycab's target is Rs 10,600.
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