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Diwali Special: These 5 shares will come as ‘Lakshmi’ this Diwali, if you bet then ‘Kuber’ will be there till next Diwali

Highlights

Brokerage house Kotak Securities has given a buy recommendation on Axis Bank stock.
Kotak Securities has set a target of Rs 960 for this banking stock.
At present, its shares were trading at Rs 820.20, down 1.6 per cent on October 20.

New Delhi. Every investor is constantly making money in the stock market, but only the right time and right stock picker becomes a market player. It is said that every year Lakshmi comes home on the day of Diwali, if you apply it to a market investor, then this time there are five such stocks which are coming in the form of Lakshmi on Diwali. If you bet on these five stocks this Diwali, then you will become Dhankuber by making huge profits by Diwali next year. Brokerage houses are also bullish on these five stocks.

1. Axis Bank
Brokerage house Kotak Securities has given a buy recommendation on Axis Bank stock. Kotak Securities has set a target of Rs 960 for this banking stock, while ICICI Direct has given a target of Rs 970. According to the brokerage house, Axis Bank will benefit from the acquisition of consumer business of Citibank. At present, its shares were trading at Rs 820.20, down 1.6 per cent on October 20.

Also read – Bank FD: Now this bank will pay more interest on FD, customers will get up to 7.50 percent interest

2. Computer Age Management Services (CAMS)
JM Financial Services has set the target of the share of this company to Rs 3,300. CAMS has 70 percent stake in the business of Registrar and Transfer Agent. In a way, assume that CAMS has a monopoly. The company has recently increased operations in Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS), which will benefit. At present, its shares were trading at Rs 2,533.55, down 1.23 per cent on October 20.

3. Green Ply Industries
According to an analyst at Yash Securities, due to the asset light business and very low debt on the company, Green Ply can show good returns till next Diwali. Yash Securities has set a target of Rs 220. It can also get the benefit of large investments made in the infra sector in India. On October 20, the company’s shares were trading at Rs 180.15, up 0.87 per cent.

4 Mahindra & Mahindra
According to brokerage company 5Paisa, this company will benefit from the capex running in the SUV and electric vehicle space. The company is spending 9 to 10 thousand crores on the platform of electric vehicle. 5Paisa Broker has set the target of this stock to Rs 1,475, which was at Rs 1,237.55 on October 20.

Also Read – Good News! On Diwali, the government will feed cheap thali, reduced the rate of pulses by 8 rupees per kg, now they will add cheap onion tempering

5. Aditya Birla Fashion & Retail
The company plans to open 400 new franchises in the next financial year. The company is also expanding its product range in the medium to long term. The company currently has brands such as Allen Solly, Wayne Heusen, Louis Philippe and Peter England. The company is also getting the benefit of the crowd coming to the malls after Kovid. Brokerage company 5Paisa has set a target of Rs 385 for this stock, while it was trading at Rs 330.85 on October 20.

Tags: business news in hindi, Diwali, Festive Season, Investment tips, Money Making Tips, Share market, stock market

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