Diwali Muhurat Trading: A Time for Investors to Rejoice
As investors gear up for the auspicious Diwali Muhurat trading session, brokerages have identified a list of ‘Shagun Stocks’, companies that are expected to bring good fortune this festive season with strong fundamentals and solid upside potential. In this article, we will take a closer look at the top 10 ‘Shagun Stocks’ that analysts believe could light up investor portfolios in the months ahead.
What are ‘Shagun Stocks’?
‘Shagun Stocks’ are companies that are expected to perform well in the stock market, bringing good fortune to investors. These stocks are typically characterized by strong fundamentals, solid upside potential, and a high level of institutional confidence. To learn more about stock market investing, check out our previous articles.
Top 10 ‘Shagun Stocks’ for Diwali Muhurat Trading
The 10 stocks listed below, each covered by more than 10 analysts, feature robust order books, healthy balance sheets, and improving profitability, making them top picks for investors seeking festive cheer in their portfolios. These stocks include:
- HG Infra Engineering Ltd.
- Crompton Greaves Ltd.
- Somany Ceramics Ltd.
- Info Edge Ltd.
- PNC Infratech
- Birla Corp
- Greenply Industries
- Aptus Value Housing
- Orient Electric
- DCB Bank
Leading the list is HG Infra Engineering Ltd., with analysts projecting a potential upside of up to 60%, followed by Crompton Greaves Ltd., Somany Ceramics Ltd., and Info Edge Ltd., which also offer attractive return prospects. To learn more about Diwali Muhurat trading, check out our previous articles.
HG Infra: A Strong Order Backlog and Optimistic Revenue Guidance
HG Infra leads the pack with an estimated 60% return potential, supported by a strong order backlog of about Rs 14,700 crore, which is nearly 2.2 times its fiscal 2025 revenue. In addition, the company has provided an optimistic revenue guidance for this financial year, signalling steady execution momentum. Monetisation proceeds from select assets are also expected to deleverage the balance sheet, further improving return ratios and strengthening investor confidence.
Crompton Greaves: A Zero-Debt Balance Sheet and Strong Profit Turnaround
Consumer electrical major Crompton Greaves has drawn the attention of 39 analysts, of which 34 recommend a buy, with an expected 39% upside. The company has successfully transitioned to a zero-debt balance sheet, while its subsidiary Butterfly Gandhimathi Appliances continues to show a strong profit turnaround. With festive demand picking up across categories like fans, lighting, and kitchen appliances, analysts see Crompton well-positioned for healthy earnings rebound.
Somany Ceramics: A 36% Return Potential and Improving Operational Efficiency
Tile manufacturer Somany Ceramics enjoys a 36% return potential, with 19 out of 22 analysts recommending a buy. The company has maintained its financial year guidance despite a volatile real estate environment, reflecting confidence in its growth strategy. Analysts expect a 100–150 basis points expansion in operating margins over the next year, driven by improved product mix and operational efficiency.
Conclusion
In conclusion, the top 10 ‘Shagun Stocks’ for Diwali Muhurat trading offer a sweet spot for investors looking for growth with valuation comfort. With the festive season boosting consumption and infrastructure spending expected to accelerate in the second half of fiscal 2026, these stocks could bring good fortune to investors. To learn more about stock market tips and investing in Indian markets, check out our previous articles.