ADVERTISEMENT

Prabhudas Lilladher: Top Stock Picks For Diwali And Samvat 2077 

Prabhudas Lilladher: Top Stock Picks For Diwali And Samvat 2077 

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

Prabhudas Lilladher Report

The top stock picks for Samvat 2077 list includes a drugmaker, an auto maker, a cement manufacturer, an IT major, FMCG maker, BFSI sector among others.

Top stock picks: Hindustan Unilever Ltd. - The company remains one of the best plays on home and personal care and foods segment given strong growth and margin outlook, high free cash flow conversion (five-year average of more than 90%), 95% dividend payout and 18.2% profit after tax compound annual growth rate over FY1-23.

We remain structurally positive on the company given its strategy around emerging categories, increasing distribution, winning in many Indias (WIMI), digital market and strength in supply chain.

Click on the attachment for Prabhudas Lilladher’s full list of Diwali stock picks

Prabhudas Lilladher Diwali Stock Picks 2020.pdf

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 brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.