CLSA names Zomato top India retail pick as quick commerce squeezes Marico, HUL
CLSA has tapped Zomato as its top retail bet, betting on quick commerce disruption to reshape consumption. The brokerage flags mounting challenges for consumer staples players Marico and Hindustan Unilever as rapid q-commerce growth shifts shopping behavior and channel dynamics.
CLSA names Zomato its top India retail pick amid quick commerce disruption, while flagging challenges for consumer goods firms Marico and HUL as rapid q-commerce growth reshapes consumption patterns and shopping behavior.
Why this matters
Follows Zomato's IPO momentum, which was oversubscribed 1.05x on Day 1 led by strong retail investor demand. CLSA's top-pick call extends the bullish view as quick commerce reshapes India's consumption and staples channels.
Retail-company signals are accelerating, up 477000% QoQ.