My Top Stock Picks for Diwali 2024: Muhurat Trading Picks 2024
Diwali stock picks 2024 | Muhurat Trading 2024 | stock market investment tips
My Top Stock Picks for Diwali 2024: Muhurat Trading Picks 2024
Diwali stock picks 2024 | Muhurat Trading 2024 | stock market investment tips
Introduction
The markets may be volatile right now, but positive earnings and steady growth dynamics showcase a favorable outlook for long-term investors. This Diwali, we bring to you 8 stocks for Muhurat Trading 2024.
best stocks to buy Diwali
The markets may be volatile right now, but positive earnings and steady growth dynamics showcase a favorable outlook for long-term investors. This Diwali, we bring to you 8 stocks for Muhurat Trading 2024.
best stocks to buy Diwali
Stock Analysis
NCC stock analysis
Current Market Price (CMP): ₹299
All-Time High: ₹364
Analysis: NCC Limited has shown strong growth, securing significant orders worth ₹2,327 crores in September 2024. The company’s market cap has increased by 76.96% over the past year. Analysts predict a modest rise of 1.02% to 3.76% by the end of 2024. With a focus on infrastructure projects, NCC is well-positioned for steady growth.
Current Market Price (CMP): ₹299
All-Time High: ₹364
Analysis: NCC Limited has shown strong growth, securing significant orders worth ₹2,327 crores in September 2024. The company’s market cap has increased by 76.96% over the past year. Analysts predict a modest rise of 1.02% to 3.76% by the end of 2024. With a focus on infrastructure projects, NCC is well-positioned for steady growth.
Tata Motors forecast
High / Low: ₹1,179 / ₹630
Analysis: Tata Motors has been a strong performer, particularly in the electric vehicle (EV) segment. The Tata Tiago EV has surpassed 50,000 units in sales. Analysts forecast a potential rise of 2.48% to 4.72% by the end of 2024. The company’s strategic initiatives and robust market presence make it a solid pick.
High / Low: ₹1,179 / ₹630
Analysis: Tata Motors has been a strong performer, particularly in the electric vehicle (EV) segment. The Tata Tiago EV has surpassed 50,000 units in sales. Analysts forecast a potential rise of 2.48% to 4.72% by the end of 2024. The company’s strategic initiatives and robust market presence make it a solid pick.
RVNL (Rail Vikas Nigam Limited) Stock growth
High / Low: ₹647 / ₹153
Analysis: RVNL has expanded its footprint with significant contracts, including a project worth ₹187 crores with East Central Railway. The stock has risen 157.37% from January to October 2024. Analysts predict an additional rise of 3.36% to 6.58% by the end of 2024. Its strong order book and strategic projects position it well for future growth.
High / Low: ₹647 / ₹153
Analysis: RVNL has expanded its footprint with significant contracts, including a project worth ₹187 crores with East Central Railway. The stock has risen 157.37% from January to October 2024. Analysts predict an additional rise of 3.36% to 6.58% by the end of 2024. Its strong order book and strategic projects position it well for future growth.
PCBL (Phillips Carbon Black Limited) investment
Current Price: ₹411
High / Low: ₹584 / ₹194
Analysis: PCBL has shown impressive growth of 212.67% over the past year. The company’s revenue and net income are strong, with a forecasted revenue growth of 14% per year. Analysts predict a rise of 5.23% to 8.16% by the end of 2024. Its strong market position in the carbon black industry makes it a promising investment.
Current Price: ₹411
High / Low: ₹584 / ₹194
Analysis: PCBL has shown impressive growth of 212.67% over the past year. The company’s revenue and net income are strong, with a forecasted revenue growth of 14% per year. Analysts predict a rise of 5.23% to 8.16% by the end of 2024. Its strong market position in the carbon black industry makes it a promising investment.
Bank of Maharashtra stock
High / Low: ₹73.5 / ₹42.4
Analysis: Bank of Maharashtra has shown a 44% net profit increase for Q2 FY24. The bank’s asset quality has significantly improved, with gross NPAs reduced to ₹4,009.84 crores. Analysts predict a rise of 1.95% to 4.05% by the end of 2024. Its strong financial metrics and strategic initiatives make it a reliable pick.
High / Low: ₹73.5 / ₹42.4
Analysis: Bank of Maharashtra has shown a 44% net profit increase for Q2 FY24. The bank’s asset quality has significantly improved, with gross NPAs reduced to ₹4,009.84 crores. Analysts predict a rise of 1.95% to 4.05% by the end of 2024. Its strong financial metrics and strategic initiatives make it a reliable pick.
Bajaj Housing Finance
Current Price: ₹136.25
High / Low: ₹214 / ₹156
Analysis: Bajaj Housing Finance has shown a 29.93% year-over-year increase in revenue growth. The company’s market cap is ₹1.09 trillion, with a PE ratio of 51.78. Analysts predict a rise of 1.89% to 4.28% by the end of 2024. Its strong financial performance and market position make it a solid investment.
Current Price: ₹136.25
High / Low: ₹214 / ₹156
Analysis: Bajaj Housing Finance has shown a 29.93% year-over-year increase in revenue growth. The company’s market cap is ₹1.09 trillion, with a PE ratio of 51.78. Analysts predict a rise of 1.89% to 4.28% by the end of 2024. Its strong financial performance and market position make it a solid investment.
Jio Financial Services
Current Price: ₹322.3
High / Low: ₹394.70 / ₹213.80
Analysis: Jio Financial Services has shown significant growth, with a 38.35% increase from January to October 2024. The company’s market cap is ₹2.01 trillion, with a PE ratio of 124.96. Analysts predict a rise of 1.89% to 4.28% by the end of 2024. Its strong market presence and strategic initiatives make it a promising pick.
Current Price: ₹322.3
High / Low: ₹394.70 / ₹213.80
Analysis: Jio Financial Services has shown significant growth, with a 38.35% increase from January to October 2024. The company’s market cap is ₹2.01 trillion, with a PE ratio of 124.96. Analysts predict a rise of 1.89% to 4.28% by the end of 2024. Its strong market presence and strategic initiatives make it a promising pick.
PPL Pharma (Piramal Pharma Limited)
Current Price: ₹255.84
High / Low: ₹259.90 / ₹87.50
Analysis: PPL Pharma has shown significant growth, rising 81.13% from January to October 2024. Analysts predict an additional rise of 3.33% to 7.13% by the end of 2024. The company’s revenue is forecasted to grow by 13.6% per year, with income growth of 77.7%. Its strong market position in the pharmaceutical industry makes it an attractive investment.
Current Price: ₹255.84
High / Low: ₹259.90 / ₹87.50
Analysis: PPL Pharma has shown significant growth, rising 81.13% from January to October 2024. Analysts predict an additional rise of 3.33% to 7.13% by the end of 2024. The company’s revenue is forecasted to grow by 13.6% per year, with income growth of 77.7%. Its strong market position in the pharmaceutical industry makes it an attractive investment.
Conclusion
These analyses provide a deeper insight into each stock’s potential. If you have any specific questions or need further details, feel free to ask! Happy Diwali and happy investing! 🎉📈
Feel free to adjust any details or add more context as needed.
Happy Diwali and happy investing! 🎉📈
I am NOT a SEBI registered advisor or a financial adviser.
Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances. You should discuss your specific requirements and situation with a qualified financial adviser. I do share details and numbers available in the public domain for any company or on the websites of NSE and BSE.
Discover the top 8 stock picks for Muhurat Trading 2024 this Diwali! From NCC to Tata Motors, explore detailed analyses and growth forecasts to make informed investment decisions. Happy Diwali and happy investing!
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These analyses provide a deeper insight into each stock’s potential. If you have any specific questions or need further details, feel free to ask! Happy Diwali and happy investing! 🎉📈
Feel free to adjust any details or add more context as needed.
Happy Diwali and happy investing! 🎉📈
I am NOT a SEBI registered advisor or a financial adviser.
Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances. You should discuss your specific requirements and situation with a qualified financial adviser. I do share details and numbers available in the public domain for any company or on the websites of NSE and BSE.
Discover the top 8 stock picks for Muhurat Trading 2024 this Diwali! From NCC to Tata Motors, explore detailed analyses and growth forecasts to make informed investment decisions. Happy Diwali and happy investing!
#diwalipicks #diwali #muhurattrading #muhurattradingstockpicks #diwalistockpicks #diwalistockmarket #diwalishares #diwalisharetrading #diwalistockpick #beststockstobuynow #stockmarketnews #stockstobuynow #stockstobuy #bestinvestments #beststockstobuynow #beststocktobuy #stockstowatch #stocktobuy #pcbllatestnewstoday #niftytomorrowmarketprediction
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