SAMCO names 10 Diwali stocks including BSE, Adani Power, HFCL, TechM with up to 109% upside.
Context
What happened: Samco Wealth named 10 Indian stocks to buy for Muhurat Trading on November 7, starting Samvat 2083, with Azad Engineering showing the highest upside in the list.
Key numbers: Azad Engineering buy range ₹2,405–2,485, target ₹5,108. Adani Power target ₹318.85, buy range ₹186–192. HFCL target ₹381.10. Tech Mahindra target ₹2,904.50. BSE target ₹5,441. L&T Technology Services target ₹6,013.45.
Why it matters: Samco said the lesson of the volatile Samvat 2082 was that concentration hurts and diversification protects, which it called the theme of this Muhurat.
What changed
Samco Wealth named 10 Indian stocks to buy for Muhurat Trading on November 7, starting Samvat 2083, with Azad Engineering showing the highest upside in the list.