Samco Wealth lists ten Indian stocks with upside potential for Muhurat Trading
Brokerage firm Samco Wealth recommends ten diversified stocks across sectors for investors during Muhurat Trading, citing growth drivers and target price estimates.
Samco Wealth, a brokerage firm, has identified ten Indian equities it expects to deliver strong returns during Muhurat Trading on November 7, marking the start of Samvat 2083. The firm emphasizes diversification after a volatile previous year and provides target prices and upside estimates for each pick.
Azad Engineering is highlighted for a projected one-year target of ₹5,108, implying a 109% upside from current levels. The company’s order book of roughly ₹6,500 crore and anticipated revenue growth of over 25% annually are cited as key catalysts.
Adani Power, India’s largest private-sector thermal power producer, is recommended with a target of ₹318.85 and a 69% upside, supported by a 141.5% year-on-year rise in Q2 FY27 net profit and improved plant load factor.
HFCL, a telecom equipment maker, is given a target of ₹381.10, reflecting a 65% upside after reporting a 144% revenue jump and a 448% profit increase in Q2 FY27, driven by optical fibre and data-centre orders.
Tech Mahindra’s target of ₹2,904.50 suggests a 62% upside, based on a 15.6% revenue rise in Q2 FY27 and a stronger EBIT margin, with additional benefit expected from a potential rupee depreciation.
BSE is recommended with a target of ₹5,441 and a 55% upside, after posting a 63% revenue increase and a 62% profit rise in Q1 FY27, aided by growth in its derivatives and mutual-fund distribution businesses.
L&T Technology Services receives a target of ₹6,013.45, indicating a 41% upside, following 12.1% revenue growth and expanding AI-related deal wins.
Tips Music is slated for a target of ₹1,050, a 34% upside, after reporting 35% revenue growth and a 23% profit increase in Q2 FY27, with a debt-free balance sheet and an interim dividend.
TVS Motor is projected to reach ₹5,411, a 29% upside, after a record-breaking quarter with 39% revenue growth and a surge in electric two-wheeler sales.
Sansera Engineering’s target of ₹4,965.90 reflects a 21% upside, supported by 33% revenue growth and expanding aerospace, defence, and semiconductor equipment segments.
Finally, MCX is given a target of ₹3,835.75, a 20% upside, after a 103% profit jump in Q1 FY27, driven by strong commodity-trading volumes.
Samco Wealth advises investors to consider stop-loss levels for each stock and to consult certified experts before making investment decisions.