IDBI Capital: Top Stock Picks For Diwali And Samvat 2077
Brokers along with their families trade during a special holiday session on the occasion of Diwali, the festival of light, at the Bombay Stock Exchange (BSE) in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

IDBI Capital: Top Stock Picks For Diwali And Samvat 2077

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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.

IDBI Capital Report

The top stock picks for Samvat 2077 include a drugmaker, a telecom major, and an AC manufacturer among others.

Alembic Pharmaceuticals Ltd. - The company consisting of domestic formulations, international generics and active pharmaceutical ingredients. The formulations account for 87% of the business while the rest comes from APIs. Company’s facilities are located at Vadodara and Baddi in Himachal Pradesh.

Key triggers: U.S. sales (43% of FY20 revenues) grew at approximately 12% CAGR in FY16-20 to Rs 20 billion on the back of consistent product launches including limited competition products.

Click on the attachment for IDBI Capitals full list of Diwali stock picks:

IDBI Capital Diwali Stock Picks 2020 .pdf

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