Stocks to Watch: 8 Stocks Expected to See Peak Business During the Summer Months

India experiences huge spikes in temperatures during the Summer season, with temperatures soaring over 40 degrees Celsius in several parts of the Country. IDM has already issued a heatwave warning for the summer months. 

With the scorching summer heat, there is a huge increase in demand for cooling products like air conditioners, refrigerators, and consumables like Ice Cream and beverages, There is also an Increase in People traveling and power demand. 

Here is the list of Companies that see an Increase in Business demand:

TRAVEL & TOURISM

1. LEMON TREE HOTELS

Lemon Tree Hotels Limited (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. LTHL delivers differentiated yet superior service offerings with a compelling value proposition. The stock has a Market capitalization of Rs. 11,580 Crore and is trading at Rs. 146. 

2. EIH LIMITED

EIH Limited is the flagship company of the Oberoi Group, one of the largest luxury hotel chains in India. They operate hotels under the three renowned names of Oberoi, Trident, and Maidens. The stock has a Market capitalization of Rs. 23,350 Crore and is trading at Rs. 373.

AIR CONDITIONING 

1. BLUESTAR

Blue Star is India’s leading Air Conditioning, Commercial Refrigeration, and MEP (Mechanical, Electrical, Plumbing and Fire-fighting) contracting company with over 80 years of experience. With a robust network of over 30 offices, 7 modern manufacturing facilities across the country, and more than 3,000 employees, Blue Star operates over 10,000 retail outlets and maintains 2,100 service centers across more than 900 towns in India. The stock has a Market capitalization of Rs. 41,140 Crore and is trading at Rs. 1999.

3. VOLTAS

Voltas is India’s largest air conditioning company and offers a comprehensive range of cooling & home appliances, including air conditioners, coolers, air purifiers, refrigerators, washing machines, water dispensers, water coolers, dishwashers, microwaves, Water heaters, Commercial Refrigerators, and AC Stabilizers in its portfolio. The stock has a Market capitalization of Rs. 43,570 Crore and is trading at Rs. 1316.

ICE CREAM & DAIRY

1. HATSUN AGRO

Hatsun Agro manufactures and markets products that cater to both cooking and consumption, like milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, and lots more. The stock has a Market capitalization of Rs. 20,970 Crore and is trading at Rs. 941.

BEVERAGES

1. VARUN BEVERAGES

Varun Beverages Limited is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA) VBL has been associated with PepsiCo since the 1990s and have over two and half decades consolidated its business association with PepsiCo, increasing the number of licensed territories and sub-territories covered by the Company. The stock has a Market capitalization of Rs. 1,87,888 Crore and is trading at Rs. 555. 

POWER & UTILITIES

1. INDIAN ENERGY EXCHANGE

IEX is India’s premier power exchange, providing a nationwide automated trading platform for the physical delivery of electricity, renewable energy, and certificates. IEX additionally introduced cross-border electricity trade to expand its market reach beyond India. The stock has a Market capitalization of Rs. 16,850 Crore and is trading at Rs. 189. 

2. NTPC

NTPC is India’s largest integrated power company, dedicated to lighting every corner of the country and building a sustainable future for all. As a leader in the power sector, they are committed to generating efficient and affordable power, aiming to achieve 130 GW by 2032. They embrace a diverse fuel mix, integrating fossil fuels, gas, hydro, nuclear, and renewable sources to minimize our carbon footprint. The stock has a Market capitalization of Rs. 3,55,000 Crore and is trading at Rs. 366. 

Written By Abhishek Das

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