Diwali Stock Picks 2024: Ahead of the Diwali festival, analysts from domestic brokerages have handpicked more than two dozen stocks that investors can add to their portfolio from a long-term perspective. Domestic brokerages – Axis Securities, HDFC Securities, JM Financial Limited (JMFL), and Ventura Securities – analysts have researched various sectors and m-cap category (largecap, midcap, and smallcap) companies’ stock, including finance, pharmaceuticals, IT, PSUs, and FMCG. The brokerages have recommended these stocks with a 6-30 months horizon.
Here’s a list of these stock recommendation along with their targets:
Axis Securities’ analysts suggest buying Inox Wind shares for a target of Rs 270.
Axis Securities has a ‘buy’ stance on KPIT Technologies shares with a target of Rs 2,150.Lucknow Investment
Axis Securities has suggested buying Lupin shares for a target of Rs 2,600.
Axis Securities recommends buying Indian Hotels Company Ltd (IHCL) shares for a target of Rs 800.
Axis Securities has recommended buying UNO Minda shares for a target of Rs 1,090.
HDFC Securities has a ‘buy’ call on National Aluminium Company (NALCO) shares with a target of Rs 270.Chennai Stock
Ventura Securities has recommended buying Tejas Networks shares for a two-year target of Rs 1,850.
Ventura Securities suggests buying Hindustan Zinc shares for a target of Rs 680 with a horizon of 24 months.
Angel One has a ‘buy’ call on Dixon Technologies India shares with a target of Rs 19,070.
Analysts of Angel One have suggested buying Torrent Power shares with a target of Rs 2,300.
Angle One has a ‘buy’ call on Blue Star shares with a target of Rs 2,570.
Angel One has recommended buying Persistent Systems shares with a target of Rs 7,040.
Angel One suggests buying Cummins India shares for a target of Rs 4,840.
Angel One has suggested buying Colgate-Palmolive India shares for a target of Rs 4,590.
JM Financial has a ‘buy’ call on Power Grid Corporation of India shares with a target of Rs 383 with horizon of 6-12 months.
JM Financial has suggested buying Jindal Steel and Power (JSPL) shares for a target of Rs 1,150, whick implies an upside potential of 19 per cent.
Analysts of JM Financial have recommended buying National Aluminium Company (NALCO) shares for a target of Rs 264 from a perspective of 6-12 months.
JMFL has a ‘buy’ call on the Macrotech Developers stock with a target of Rs 1,480Surat Stock. According to the brokerage the stock could rise 23 per cent.
Axis Securities has a ‘buy’ call on Gravita India shares with a long-term target of Rs 3,000, which implies an upside potential of 38 per cent. Another brokerage, JM Financial also has a ‘buy’ call on the stock with a target of Rs 3,068, which implies an returns of 21 per cent in the next one-year.
Axis Securities has suggested buying H.G.Infra Engineering shares for a long-term target of Rs 1,700.
HDFC Securities has suggested buying JK Lakshmi Cement shares for a one-year target of Rs 936.
HDFC Securities recommends buying Navin Fluorine International shares for a one-year target of Rs 3,948.
Angel One has a ‘buy’ call on Mahanagar Gas Ltd shares with a target of Rs 2,310.
Angel One’s analysts have a ‘buy’ stance on Neuland Laboratories shares with a target of Rs 19,580.
Angel One Broking has a ‘buy’ call on eClerx Services shares with a target of Rs 3,700.
Angel One has suggested buying Praj Industries shares for a target of Rs 940.
Angel One Broking has a ‘buy’ call on Time Technoplast shares with a target of Rs 550.
Angel One has suggested buying Jyothy Labs shares for a target of Rs 680. HDFC Securities’ analysts also recommend buying Jyothy Labs shares for a one-year target of Rs 600.
Angel One has a ‘buy’ stance on NCC shares with a target of Rs 400. HDFC Securities recommends buying NCC shares for a long-term target of Rs 363.
JM Financial recommends buying Olectra Greentech shares for a target of Rs 2,200.
Angel One Broking has recommended buying Vesuvius India shares for a target of Rs 6,770.
Axis Securities recommends buying Arvind Smartspaces shares for a target of Rs 1,085 from the perspective of long term.
Ventura Securities has a ‘buy’ call on Fino Payments Bank shares for a target of Rs 856 from a perspective of 24-30 months.
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