Emkay Research expects a cut of 8-39 percent in FY21-22 earnings estimates for both consumer electrical and durable companies due to the ongoing lockdown and its near-term impact on the economy. Although it is difficult to assess when the demand will revive fully, Emkay believes companies that depend on seasonal products and B2B segments will take longer. (Image: Reuters)
2/10
Despite the uncertainty, Emkay Research has maintained a Buy rating on two stocks from the consumer durable sector. However, they have maintained a Hold rating on three stocks and downgraded three other stocks to Hold from Buy citing a risk of delayed recovery and premium valuations. (Image: PTI)
3/10
The Emkay Research firm has recommended Buy rating on Crompton Greaves Consumer Electricals with a target price of Rs 260. | CMP 205 (Image: Moneycontrol)
4/10
The research firm also has a Buy rating on Dixon technologies with a target price of Rs 3,908. | CMP 3,419 (Image: dixoninfo.com)
