These Consumer Durables Sector stocks surged over 48 per cent in just one month; do you have any?

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These Consumer Durables Sector stocks surged over 48 per cent in just one month; do you have any?

In 2021, the Indian appliances and consumer electronics industry stood at USD 9.84 billion and is expected to double these figures to reach USD 21.18 billion by 2025. 

On Friday, the Indian benchmark indices ended the day higher. BSE Sensex Index was up 0.76 per cent at a level of 61,112. BSE Consumer Durables Index plunged by 0.33 per cent in 1 day and is up over 3 per cent in 1 month. 

India is set to become the fifth-largest consumer durables market and one of the world's largest growing electronics markets. This demand is on the onset of rising income in urban and rural areas, increasing urbanisation, and changing lifestyles. Over the last few years, the domestic consumer electronics and durables market has witnessed significant growth. In 2021, the Indian appliances and consumer electronics industry stood at USD 9.84 billion and is expected to double these figures to reach USD 21.18 billion by 2025. 

Following are the Consumer Durables Sector stocks that surged over 48 per cent in just a month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Sharp India Ltd 

75.61 

48.20 

DC Infotech and Communication Ltd 

151.40 

47.97 

Ducon Infratechnologies Ltd 

7.25 

23.93 

Borosil Ltd 

405.30 

23.70 

Safa Systems & Technologies Ltd 

9.15 

21.51 

Nelco Ltd 

632.25 

18.10 

VXL Instruments Ltd 

9.48 

16.89 

Wonder Electricals Ltd 

229.15 

14.32 

IFB Industries Ltd 

848.20 

13.92 

Accel Ltd 

13.99 

13.46