Samvat 2077 has been a great year for investors on the back of strong liquidity, good economic recovery and strong jump in corporate profits. But now some near term challenges are also visible for the investors. This includes concerns over rising energy and commodity prices and rising market valuations. But broking firm Sharekhan is still positive on the equity market. It believes that any correction in the market is good for its health and every fall should be bought in good stocks.
Let us tell you the favorite shares of Sharekhan in which there can be huge earnings in Samvat 2078.
APL Apollo Tubes Share Khan is quite bullish on this stock considering the strong outlook, strong balance sheet and good business model of the company. But there are also some risks associated with it. Like slack in demand from construction and infra projects, rise in steel prices could impact its earnings. Moreover, increased competition can have a negative impact on its volumes.
Balrampur Chini Mills | The company will get a big benefit from the declining skill in the sugar industry. Apart from this, the larger contribution of distilleries to the company’s earnings will improve its margins and profit is likely to see a 19 per cent year-on-year growth in the period of FY 2021-24. The dividend payout of the company may also see an increase going forward.
These 7 stocks to buy from ICICI Securities on Diwali
Divis Laboratories | Between the financial year 2021-23, the company’s sales and profits are expected to grow by 24 per cent and 30 per cent, respectively, on a year-on-year basis. Given this, this stock looks like a good bet.
ICICI Bank Going forward, the bank’s retail, CV and personal loan business may see a boom. Apart from this, good lane growth can be seen in its corporate segment. Which will be seen on this stock.
ISGEC Heavy Engineering The order book of the company is strong even in the challenging environment. Due to which it is expected that the earnings of the company will remain strong going forward. The company will get the benefit of increasing investment from both the private and government sectors.
ITC | The company’s cigarette volumes are expected to grow by 12-13% year-on-year in FY22. The company will benefit from improving mobility and non-increase in GST applicable on cigarettes in the GST meet.
Larsen & Toubro The management of the company is confident about the growth of the company. The company’s focus remains on the growth of both revenue and order flow. Despite the second wave of Corona, the company’s order book is at a strong level of Rs 8.96 lakh crore.
In addition to these stocks, Sharekhan’s favorite pick LIC Housing Finance,NOCIL,PVR,Radico Khaitan,State Bank of India,Tata Elxsi,Tata Motors DVR And Titan Company names are included. Sharekhan is of the opinion that these stocks can generate strong earnings in Samvat 2078.
Facebook us for social media updates (https://www.facebook.com/moneycontrolhindi/) and Twitter (.follow on
.