Diwali 2019: Top stocks to choose if you want big money from share bazaar
These stocks are likely to add to your festive spirit if you go for making investment in the companies.
On the occasion of Deepawali, Zee Business brings Diwali picks 2019 to let you know how to earn more benefit from your investment in the stock market. The report has selected top six stocks from HDFC Securities's recommendation. The details of these stocks are given below:
1. Affle India Ltd: The company is basically involved with mobile advertising business and due to its online activities including 4G penetration, it has a better business structure. The HDFC Securities has given a buy call at the target of Rs 1348.
2. Amber Enterprise is in field of making airconditioners components, and eight out of 10 RAC brands have given contracts to it. With 29% income and 52% profit growth, the company has been given a buy call target of Rs 1140.
3. BEML is another company involved with the production of heavy equipments in the country. It is India's second heavy equipment production company with 60% market share. With Rs 3000 crore Mumbai metro project in its bag, the company's trade is likely to get a boost with big orders in coming 2-3 years. HDFC Securities has given a buy call target of Rs 1048.
4. Deepak Nitrate is the market leader in commodity chemical products and has also included agro chemical products. With its Phenol project in FY 20, the company's income is expected to get a big boost. The target for buying Deepak Nitrate stock is Rs 348.
5. Garden Reach is known ship-building company in India, and with an order book of Rs 21644, HDFC Securities has given a buy call target of Rs 202.
6. Among the top six Diwali picks for 2019, Sudarshan Chemical is has also been given a buy call target of Rs 460.
Watch Zee Business Live TV
These stocks are likely to add to your festive spirit if you go for making investment in the companies.
(NOTE: Zee Business brings to you an exclusive line up of programming for Diwali 2019 with experts, insights & sharp acumen under Zee Business Damdar Diwali show. A Diwali treat for you! Starting soon from October 14 only on Zee Business.in)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.