Valentine Stocks

Readers in general would be faced with the dilemma about deciding the special gift that you would like to present to your loved one on Valentine Day. While you do so, we at DSIJ have done some research to find out which are the stocks you could bet on tomorrow to take advantage of this day. Even though the past performance may not reflect in the future, one should take note of the following stocks which usually see a rise in volumes and a spike in their prices. This is because of the sheer nature of the business in which the stocks are engaged, such as cinema, restaurants, jewellery, cards, soft toys and other things that you would gift or indulge in as entertainment. The following are the list of the stocks and their performance last year on Valentine Day i.e. February 14, 2011.

Table : Price change and volume movement on February 14, 2011 as against the previous trading day i.e. February 11, 2011

Archies is engaged in the manufacturing and trading of a wide range of cards, stationery and gifts items under the same brand name. Hanung Toys and Textile is internationally famous for soft toys and home furnishings. The company’s products have wide acceptability in the domestic market and these include brands such as Play-n-Pets and Splash.

Titan has a strong and renowned presence in the watch segment and this is one item that most people like to gift on Valentine Day. It has a strong portfolio that includes Sonata, Fastrack, Tommy Hilfiger and Huge Boss. Gitanjali Gems is one of the largest players in the jewellery industry and has popular brands such as Asmi, D’dmas, Diya, Gili, Nakshatra, etc. Low-cost jewellery may be one of the options for gifts. PVR is one of the stocks which should be considered on Valentine Day as going out for a movie is quite a done thing on this occasion. And with a pizza usually thrown in, Jubilant Food Work with it Domino’s Pizza brand could be a good choice.

All these stocks are usually sentiment-driven. As the demand for their products shoots up on Valentine Day, the scrips spiral upwards instantly. However, we don’t see any change in the fundamentals of the companies. One could make a quick buck for tomorrow but that’s about as far as it can go. As per our technical experts, we expect Gitanjali Gems and PVR to ride high for tomorrow’s trade. Finally we wish all our readers a very Happy Valentine Day.