Reportedly these days the wedding season is going on in the country and during November-December a total of 48 lakh weddings are expected to take place across the country, due to which a business of Rs 6 lakh crore will be seen. In such a situation, the question arises that which are those companies which will benefit from this wedding season. Motilal oswal Wealth Management has suggested the names of five such stocks to investors in which investors should invest because these companies can get a big benefit from this wedding season.

Perhaps according to Motilal oswal Wealth Management, about 48 lakh weddings are taking place in November-December this year. Due to the huge number of weddings, a business of Rs 6 lakh crore can be done. Whereas last year only 38 lakh weddings took place and a business of Rs 4.7 lakh crore was done. In delhi city alone, 4.5 lakh weddings are expected to take place in November-December. In its note, Motilal oswal Wealth Management said, due to the large number of weddings, the jewellery, retail, hotels and auto sectors will be in profit. In such a situation, Motilal oswal Wealth has selected five such companies which will show better performance in the short to medium term i.e. 3-6 months. Motilal oswal Wealth has advised investing in these stocks for a jump of 10 to 15 percent and has given equal weightage of 20 percent to all 5 stocks.

Titan

The first name in this is Tata Group company Titan. According to Motilal oswal Wealth, after the reduction in custom duty on gold, the demand for wedding jewellery started increasing and the demand may remain high for the next two months. Titan has been consistently performing better than other branded players due to its better competitive positioning. Titan's stock is currently trading at Rs 3248.

Eicher Motors

The demand for Royal Enfield of auto company Eicher Motors is looking better than before the festive season due to new launches. The availability of all models has increased and the interest of consumers has increased due to increased promotional activity. The share of Eicher Motors is currently trading at Rs 4848.

Vedant Fashions

The wedding season starting from november 2024 will last for a long time, due to which Vedant Fashions will benefit strongly. With the expansion of Manyavar, the company has a big opportunity to achieve growth. The launch of new categories will lead to additional growth. The share of Vedant Fashions is currently at Rs 1431.

Safari

Safari will also benefit from the wedding season and revenue is expected to increase. Earlier in the quarter, demand was affected due to heatwave. The greenfield plant in jaipur will give an additional boost to revenue in the third quarter of FY 2024-25. Safari's stock is trading at Rs 2535 in the session of november 29.

Lemon Tree Hotels

According to Motilal oswal Wealth, Lemon Tree Hotels will also benefit from the wedding season and strong growth will continue in the second quarter due to the wedding season and demand-supply dynamics. According to the note, the company will benefit from investment in renovation. The stock of Lemon Tree Hotels is currently at Rs 130.