Arvind's positioning as a brand player is going to play out strongly: Pankaj Sharma

In an interaction with ET Now, Pankaj Sharma, Equirus Securities, said Arvind is one name which has got many of these marquee names, these are the brands which are going to get a lot of benefit from increased consumer spending. Excerpts:

ET Now: We had discussed the business of brands and how it seems to be one thing that could hold centre stage in 2016. Arvind is right up there. What are your thoughts on Arvind or the business of brands at large?

Pankaj Sharma: This is something which is going to be a very important theme for anybody who is in a commodity kind of space. Arvind has gone through transition very well. Of course, we are very positive on this name from a three-year perspective. In the near term, there could be disappointment in terms of earnings, but overall Arvind's positioning as a brand player is going to play out strongly. As you rightly pointed out, Arvind is one name which has got many of these marquee names, these are the brands which are going to get a lot of benefit from increased consumer spending. Arvind's brand story, from a three to five years' perspective, very good.