Kotak Securities picks these 10 potential stock ideas for Samvat 2078

Kotak Securities picks these 10 potential stock ideas for Samvat 2078

SBI, ITC, and Reliance Industries are among the top 10 Muhurat picks, which are expected to do well in Samvat 2078.





October 28, 2021 / 12:23 PM IST





In Samvat 2077, the Indian market had a good run with the key benchmark indices – Nifty and Sensex - gaining around 50 percent each in the year. While there are a few risks for the market such as the possibility of a third wave of coronavirus, withdrawal of stimulus by global central banks and rising inflation, experts seem positive. Kotak Securities expects a strong economic and earnings revival. In addition to these, a stable Covid-19 situation should provide some short-term support to the market. Here are 10 stocks picks by Kotak Securities for the upcoming year.





ACC | Target: Rs 2,550 | ACC has impressively kept costs under control despite commodity cost headwinds in 9MCY21. Benefits of master supply agreement and cost-saving initiatives like ‘Parvat’ are reflecting under various cost heads. Its expansion and cost-saving projects provide growth visibility. Kotak Securities expect company’s volumes to grow by 17% in CY21E and by 8% in CY22E.





BPCL | Target: Rs 550