Top 15 Best Diwali Stock Picks for 2017-2018 from brokerage firms

Top 15 Best Diwali Stock Picks for 2017-2018 from brokerage firmsTop 15 Best Diwali Stock Picks for 2017-2018 from brokerage firms


In another 3 days we would be approaching Diwali Samavat 2074. Leading stock brokerage firms started recommending top Diwali stock picks for 2017-2018. While, Investors realized that investment in stocks should be done for long term, they are even looking for short to medium term top stock picks. Many stock brokerage firms started recommending stocks that would outperform short term of 1 month to medium term 3 years and long term of over 5 years. Which are the Best Diwali Stock Picks for 2017-2018 recommended by them? Which are the top Stock Picks for 2018 recommended by leading brokerages which can fetch you up to 60% returns?

Also Read: Reliance Nippon Mutual Funds IPO – Should you invest?

Top 15 Best Diwali Stock Picks for 2017-2018 from brokerage firms


Best Diwali Stock Picks from ICICI Securities for 2017-2018


1) HDFC – CMP Rs 1,763 and Target Price – Rs  2,056 (17% upside)

HDFC is the major housing finance company in India.

HDFC was trading at Rs 1,320 an 1 year back (25% returns in last 1 year).

2) Sagar Cements – CMP Rs 831 and Target Price – Rs  1,025 (23% upside)

Sagar Cements is engaged in manufacturing of cement business in India.

Sagar Cements was trading at Rs 803 an 1 year back (3% returns in last 1 year).

3) NRB Bearings – CMP Rs 136 and Target Price – Rs  160 (18% upside)

NRB is India's largest needle and cylindrical roller bearings producer headquartered in Mumbai. NRB was incorporated in 1965 as an Indo-French venture with Nadella and pioneered the production of needle roller bearings in India

NRB Bearings was trading at Rs 127 an 1 year back (6% returns in last 1 year).

Top Diwali Stock Picks from Kotak Securities for 2017-2018


4) VIP Industries – CMP Rs 264 and Target Price – Rs  325 (23% upside)

VIP Industries Ltd is world's second largest and Asia’s largest luggage maker based in Mumbai. The company manufactures plastic moulded suitcases, handbags, briefcases, vanity cases and luggage.

The brokerage expects the sourcing of soft luggage by the company from China to fall to 50 per cent, with share of from Bangladesh to rise to 50 per cent going ahead. The company has set up a subsidiary in Bangladesh to manufacture and market luggage and bags, and is seen clocking a compounded annual volume of at 12 per cent CAGR over FY17 to FY20E.

VIP Industries was trading at Rs 142 an 1 year back  (46% returns in last 1 year).

5) MRPL – CMP Rs 130 and Target Price – Rs  155 (20% upside)

Mangalore Refinery and Petrochemicals Limited, is an oil refinery at Mangalore and is a subsidiary of ONGC, set up in 1988. The refinery is located at Katipalla, north from centre of Mangalore city. Brokerage firm indicates that currently MRPL is planning for expansion of its refined capacity which would help company to focus on growth strategy.

MRPL was trading at Rs 92 an 1 year back (29% returns in last 1 year).

Also Read: High Risk – High Return Investment Plans in India

Top and Best Diwali Stock Picks from Anand Rathi Securities for 2017-2018


6) Deepak Nitrite – CMP Rs 216 and Target Price – Rs  224 (22% upside)

Deepak Nitrite is a multi-division and multi-product company with manufacturing facilities at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and at Hyderabad in Andhra Pradesh.

Deepak Nitrite was trading at Rs 121 an 1 year back (44% returns in last 1 year).

Good Diwali Stock Picks from Angel Broking for 2017-2018


7) Asian Granito – CMP Rs 490 and Target Price – Rs  570 (16% upside)

India’s leading Ceramic wall and floor tile manufacturing company.

Asian Granito was trading at Rs 268 an 1 year back (45% returns in last 1 year).

8) GIC Housing – CMP Rs 508 and Target Price – Rs  655 (29% upside)

The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.

GIC Housing was trading at Rs 338 an 1 year back (33% returns in last 1 year).

Best Diwali Stock Picks from IIFL for 2017-2018


9) Tata Motors DVR – CMP Rs 238 and Target Price – Rs  317 (33% upside)

Tata Motors Limited is the largest manufacturer in Indian automotive industry. It is the leader in commercial vehicles, and among the top in passenger vehicles. The brokerage noted that Tata Motors DVR stock may get a lift from a rise in Jaguar Land Rover volumes on account of three new launches over the next 12 months.

Tata Motors DVR was trading at Rs 354 an 1 year back (49% loss in last 1 year).

10) Sintex Plastics – CMP Rs 94 and Target Price – Rs  147 (56% upside)

The company makes prefabricated structures, custom moulding and storage tanks.

Sintex Plastics and Sintex Industries was demerged from Sintex Plastics. After demerger it opened at Rs 130, 2 months back, however settled now around Rs 94. IIFL believes that the demerger of the plastic and EPC businesses into SPTL will unlock value for this plastics business, as it will re-rate on account of better operational metrics.

Top Diwali Stock Picks from HDFC Securities for 2017-2018


11) Bajaj Auto – CMP Rs 3,150 and Target Price – Rs  3,850 (22% upside)

Bajaj Auto Limited is a global two-wheeler and three-wheeler manufacturing company. Bajaj Auto manufactures and sells motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group.

Bajaj Auto was trading at Rs 2,803 an 1 year back (11% returns in last 1 year).

12) Birla Corp – CMP Rs 1,005 and Target Price – Rs  1,220 (21% upside)

The Company is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.

Birla Corp was trading at Rs 744 an 1 year back (26% returns in last 1 year).

13) Divis Lab – CMP Rs 870 and Target Price – Rs  1,070 (23% upside)

Its leading pharma company in India.

Divis Lab was trading at Rs 1,234 an 1 year back (30% loss in last 1 year).

Also Read: Best Performing SIP Mutual Funds to invest in India in 2018

14) ICICI Pru Life – CMP Rs 404 and Target Price – Rs  520 (30% upside)

ICICI Pru Life is the second largest insurance company in India.

ICICI Pru Life was trading at Rs 327 an 1 year back (19% returns in last 1 year).

15) Persistent Systems – CMP Rs 658 and Target Price – Rs  780 (19% upside)

Persistent Systems is one of the software companies in India

Persistent Systems was trading at Rs 687 an 1 year back (4% loss in last 1 year).

If you like this article, please share this on your Facebook or Twitter. This would be a special gift which you would be giving to our blog.

Suresh

Top 15 Best Diwali Stock Picks for 2017-2018 from brokerage firms

7 comments

  • Amit Margaje

    What will be the scenario if i invest in Axis Bank Limited scrip ? should i hold it for long, and what should be the expected returns in year ?

Leave a Reply

Your email address will not be published. Required fields are marked *