Ashika Stock Broking’s Diwali 2025 Muhurat Picks spotlight six high-potential stocks, with Aditya Birla Lifestyle, Dabur India, and Punjab National Bank leading the charge. These selections promise up to 25% upside, backed by strong fundamentals, sectoral momentum, and strategic growth plans. Investors eye Samvat 2082 with renewed optimism.
As Diwali ushers in Samvat 2082, Ashika Stock Broking has released its annual Muhurat Trading recommendations, identifying six stocks with robust upside potential. The picks span banking, FMCG, apparel, engineering, and recycling—each chosen for its growth trajectory and sectoral strength.
Key highlights from the brokerage’s festive forecast:
- Aditya Birla Lifestyle Brands Ltd (ABLBL) tops the list with an estimated 25% upside.
Recently demerged from Aditya Birla Fashion and Retail, ABLBL manages premium brands like Louis Philippe, Van Heusen, Allen Solly, and Peter England. It plans to add 250 stores annually, targeting 4,500 outlets by FY30, with a sharp focus on Tier 2 and Tier 3 markets. The company also aims to double its scale and become debt-free within three years.
- Dabur India Ltd is expected to rally 20.1%, driven by consistent demand in the FMCG segment.
Ashika recommends a buy at ₹483 with a target of ₹580, citing Dabur’s strong brand equity and resilient rural demand.
- Punjab National Bank (PNB), India’s second-largest public sector bank, is projected to rise nearly 22%.
With a recommended buy at ₹115 and a target of ₹140, PNB is rebalancing its loan book toward retail, agriculture, and MSME segments. Its global business has expanded 10.6% YoY to ₹27.88 lakh crore.
- Other picks include Standard Glass Lining Technology, RedTape Ltd, and Ganesha Ecosphere Ltd, each offering 20–24% upside.
These companies are positioned in niche sectors like chemical engineering, fashion retail, and PET recycling, aligning with long-term sustainability and industrial demand.
Why it matters:
With India’s economy stabilizing post-rate cuts and tax reforms, these Diwali picks reflect investor confidence in domestic consumption, banking resilience, and lifestyle expansion. The festive season marks not just celebration—but strategic entry into high-growth opportunities.
Sources: Republic World, MSN Money, CNBC TV18, Stocktwits, ET Now.