Eris Lifesciences, Adani Ports And More - Top Stock Picks For Diwali And Samvat 2078: HDFC Securities

Eris Lifesciences, Adani Ports And More - Top Stock Picks For Diwali And Samvat 2078: HDFC Securities

A worker paints Diwali diyas, earthenware lamps, at a pottery workshop in India. (Photographer: Prashanth Vishwanathan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Report

Top stock picks for Diwali - Samvat 2078

Eris Lifesciences Ltd.

  • We believe Eris Lifesciences' focus on lifestyle-related-disease therapies will continue to drive growth in chronic category. In India chronic diseases have been rising because of modern sedentary lifestyle, unhealthy eating habits, work-related stress etc.

  • In the last five years, Eris Lifesciences has clocked a steady revenue and profit after tax compound annual growth rate of 15%/ 21%.

Adani Ports and Special Economic Zone Ltd.

  • Adani Ports' superior port handing capabilities, strong Q1 FY22 performance with growth across all ports (Mundra 65%, Hazira 2%, Ennore 211%, Kattupalli 16% and Krishnapatnam volume by nearly 84000 TEU), lined-up acquisitions, railway consolidation, EXIM trade etc. together instill faith in the functioning capabilities of the company.

  • Further, gradual opening of the world economy will provide much awaited impetus to the demand scenario (led by steel industry) and augment operations across its ports.

Click on the attachment for full list of HDFC Securities' Diwali stock picks:

HDFC Securities Diwali Picks 2021.pdf
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