Diwali Muhurat Trading: A Time for Celebration and Investment
As the festive season approaches, investors are gearing up for the auspicious Diwali Muhurat trading session. This special trading session is considered a significant event in the Indian stock market, with many investors looking to make the most of the occasion. 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.
What are ‘Shagun Stocks’?
‘Shagun Stocks’ are a select group of companies that have been identified by brokerages as having strong growth potential and robust financials. These stocks are expected to perform well in the coming months, making them attractive to investors looking to add some festive cheer to their portfolios. To learn more about stock market analysis and how to make informed investment decisions, click here.
Top 10 ‘Shagun Stocks’ to Watch This Festive Season
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. The list includes:
- 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
These stocks collectively reflect strong institutional confidence and resilient business fundamentals amid an improving macroeconomic backdrop. For more information on macroeconomic trends and their impact on the stock market, click here.
HG Infra Leads the Pack
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. To learn more about order backlog analysis and its importance in stock market investing, click here.
Crompton Greaves: A Consumer Electrical Major
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. For more information on consumer electrical sector trends and analysis, click here.
Somany Ceramics: A Tile Manufacturer with Growth Potential
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. To learn more about real estate sector trends and their impact on the stock market, click here.
Investment Strategies for the Festive Season
As the festive season approaches, investors are looking for ways to make the most of the occasion. Here are a few investment strategies to consider:
- Long-term investment strategies: Consider investing in stocks with strong fundamentals and growth potential for the long term.
- Short-term investment strategies: Look for stocks with strong technical indicators and momentum for short-term gains.
- Diversification strategies: Spread your investments across different asset classes and sectors to minimize risk.
By following these strategies and keeping an eye on the ‘Shagun Stocks’ listed above, investors can make the most of the festive season and add some cheer to their portfolios. For more information on investment strategies for beginners, click here.