Six Stock Ideas For This Festive Season By Axis Securities

Six Stock Ideas For This Festive Season By Axis Securities

A customer looks at strings of light-emitting diodes (LED) at an electronics store during a festival in the Dadar market area of Mumbai, India. (Photographer Dhiraj Singh/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.

Axis Securities Report

As India stock market touches new highs and economy unlocks during this festive season, our experts bring you festival unlock picks - A curated list of six power packed stocks ideas that are expected to perform well during this festive season as companies hopes of a pent up demand in the products.

Moreover, we suggest revisiting your investment portfolio; booking partial or full profits and celebrate wealth creation.

Top stock picks: Hindustan Unilever Ltd. - We like HUL's superior agility and nimbleness despite it being larger than peers in capitalising on the emerging growth trends and remaining ahead of competition.

Management has set a target to achieve modest Ebitda margin improvement while driving double digit earnings per share growth over FY21-30.

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

Axis Securities Festival Unlock Picks.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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