5 Best Consumer Discretionary Stocks of June 2024

Published : 25 June 2024

Asian Paints

The company is a leading player in the Indian paint industry.  It is currently trading around Rs. 2875 with an ROCE of 34.63% and ROE of 29.15%. Its OPM is around 20.90%. 

Varun Beverages

The company’s share is trading at around Rs. 1575. Its ROCE and ROE are 27.26% and 29.63% respectively. While the OPM was 18.74%. It is in the business of selling carbonated soft drinks and beverages.

Hero MotoCorp

The company is an industry leader in manufacturing two-wheelers in the country. Its shares are trading at around Rs. 5540 at present with ROCE and ROE of 28.51% and 21.15% while the OPM is noted at 14.41%. 

Titan Company

The company is the largest manufacturer of quartz watches in India with operations in the diamond segment as well. Its share price is around Rs. 3400. Its ROCE, ROE, and OPM are 34.89%, 37.21%, and 10.25%, respectively.

Tata Motors

The company is India’s biggest player in the automobile industry. Its shares are trading at around Rs. 955. Its ROCE and ROE are 19.39% and 36.97% respectively. At the same time, the OPM was 8.72%.