This Diwali, these are the best shares to invest on

Business
Oct 16 2017 03:52 PM
Mahima Rao

This Diwali, these are the best shares to invest on

Dhanteras and Diwali are the festivals of Goddess Lakshmi. On these occasions, people spend more money to buy things. While some people used it to invest in share market. According to a news website, these are the best share to invest on.

NBCC: Buy - Rs 240, target for 1 year - Rs 350
According to Vikas Sethi, NBCC will benefit from increasing investments in housing and infra. The company is the nodal agency for the redevelopment of the railway station. It can also get the work of redevelopment of Dharavi. The company currently has orders worth Rs 75,000 crore.

Exide Industries: Buy - Rs 207, Target for 1 year - 300 RS
Vikas Sethi says that Exide Industries is a market leader in the storage battery, in which its market share is 60%. Growth in good monsoon, auto sector will benefit the company. The company will also benefit from the demerger of the insurance business.

GNFC: Purchase - Rs 415, Target for 1 year - Rs 600 RS
Vikas Sethi says that while GNFC is a giant manufacturing company with Fertilizer, TDI is also the largest company to form. The company will benefit from increasing TDI prices. Due to good monsoon, demand will increase.

AB Capital: Buy - Rs 178, Target for 2 years - 500 rupees
DD Sharma says AB Capital is the Financial Services Company of Birla Group. This is in NBFC, AMC, and Insurance business. The company also deals in broking, wealth management, and ARC business. There is hope of better growth from the industry in the long run.

Hikal: Buy - Rs 250.55, Target for 2 years - 500 rupees
DD Sharma says that Hikal is a Life Sciences Company of Kalyani Group. It is in pharma, chemical, agro-chemical business. The company's focus is on R&D and new technology.

Atlanta Limited: Buy - Rs 91.45, Target for 2 years - 200 Rs
DD Sharma says Atlanta is Mumbai-based Infra and Realty Company. The company develops the land from the road project. The company has orders worth 1700 crores. In the coming years, income is expected to grow very fast.