Brokerage Ashika Group has unveiled its top Diwali Muhurat picks for Samvat 2082, naming six stocks including PNB, Dabur, RedTape and more with upside potential of up to 25%.
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Punjab National Bank: The PSU lender features among Ashika Group’s Diwali picks with a recommended price of ₹115 and target price of ₹140, implying an upside potential of 21.7%.
Dabur India: Ashika Group sees scope for a 20.1% upside in Dabur shares, recommending a buy at ₹483 with a target of ₹580, driven by steady demand in the FMCG segment.
Aditya Birla Lifestyle Brands: The lifestyle retail company tops the brokerage’s list with the highest projected upside of 25%, from a recommended price of ₹140 to a target of ₹175.
Standard Glass Lining Technology: A niche player in industrial glass equipment, the stock has a target of ₹220 against a recommended price of ₹177, reflecting an upside potential of 24.3%.
Ganesha Ecosphere: The recycled fibre manufacturer is among Ashika’s preferred small-cap bets, with an upside estimate of 22.8%, based on a buy at ₹1,213 and target of ₹1,490.
RedTape: The footwear and apparel maker is expected to deliver an upside of 24.1%, with a recommended price of ₹133 and a target of ₹165 as per Ashika Group’s note.
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