Motilal Oswal lists 10 stocks for Diwali Muhurat trading
The brokerage expects its recommended list of mid- and small-cap heavy stocks to deliver returns of up to 41 per cent over the next year.
Domestic brokerage firm Motilal Oswal has identified 10 stocks for investors to consider during the Diwali Muhurat trading session, according to a report by Mint. The list includes names such as Kotak Mahindra Bank, Adani Ports, and Unimech Aerospace, with the brokerage forecasting returns of up to 41 per cent over the coming year.
SPR Auto Components has the highest projected upside at 41 per cent, with a target price of ₹6,150. The brokerage noted the company is transitioning from a piston manufacturer to a broader auto component provider, holding more than 45 per cent of the piston market share.
Other high-upside picks include Arvind, which the brokerage expects to grow through garments and advanced materials with a 36.5 per cent upside, and Unimech Aerospace, which has a 35.4 per cent upside potential due to global aerospace outsourcing and a strong order pipeline.
Titan is projected to see a 35.2 per cent upside, supported by its position in the organised jewellery market. Shaily Engineering has a 28.5 per cent upside target, while Eternal is expected to gain 22.1 per cent through its food delivery and quick-commerce networks.
The remaining picks include Adani Ports with a 15 per cent upside, Symbiotec Pharmalab at 14.8 per cent, BSE at 14 per cent, and Kotak Mahindra Bank at 8.2 per cent. The brokerage expects Kotak Mahindra Bank to see growth in retail and corporate lending, with loan growth guided at 1.5 to 2 times nominal GDP growth.