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