Buy these stocks this Diwali for bumper earnings!
On the auspicious occasion of Diwali, Muhurat trading will be organized in the stock exchange. And on this day, in one hour of trading, investors invest in such stocks that will give them huge earnings till the next Diwali. Prabhudas Lilladher's PL Capital's Technical Research Desk has selected 11 such stocks for investors that can give them huge returns. This list of PL capital includes companies from Coal india to BHEL and ABB.
Advice to buy shares of ABB and BEL
PL capital has advised investors to buy ABB shares this Diwali. The brokerage house has asked to buy the stock for a target of Rs 12300. ABB shares are currently trading at Rs 7492. A stoploss has been asked to be kept at Rs 7350. The brokerage house is also bullish on the stock of defense company BEL and has advised to buy the stock for a target price of Rs 426 with a stoploss of Rs 240. Currently, BEL's stock is trading at Rs 283.65.
Bullish on BHEL, Coal india and Exide
PL capital is also bullish on BHEL stock. The brokerage house has advised to buy BHEL shares for a target of Rs 390. The company's stock is at Rs 235 and has been asked to keep a stoploss of Rs 215. The brokerage house is also bullish on Coal India's stock and has been advised to buy the stock with a target of Rs 690 and a stoploss of Rs 415. Coal india is currently trading at Rs 445. Exide Industries' stock has also been advised to buy the stock with a target of Rs 740. The share of Exide industries is currently at Rs 467 and a stoploss has been asked to be kept at Rs 425.
Advice to buy shares of GMDC, GRSE
Prabhudas Lilladher has advised to buy the stock of GMDC Limited (GMDC) with a target of Rs 544. A stoploss of Rs 305 has been advised. The stock of GMDC Limited is currently trading at Rs 366.95. The brokerage house has advised to buy the stock of Garden Rich Shipbuilders and Engineering Limited (GRSE) with a target of Rs 2770. A stoploss of Rs 1420 has been advised. The stock is currently trading at Rs 1549. The brokerage house is also positive on the stock of HSCL and has advised to buy the stock with a target of Rs 900. Investors have been asked to keep a stoploss of Rs 530 and the company's stock is currently at Rs 568.