Muhurat Trading 2020
Muhurat trading a special session which stock exchanges hold on occasion of Laxmi-Pujan during Diwali festival. It is an hour long session as per Shubh Muhurat or auspicious timing. Trading or Investment during this session is believed to bring prosperity and abundance to investors throughout the year This year a session on 14th Nov. between 6:15 pm to 7:15 pm after completion of Pre-market session between 6:00 pm to 6:08 pm.
Here are few stock which I selected for Investment purpose on occasion of Muhurat Trading.
1. Larson & Turbo (LT) - A company working in area of infrastructure in India and abroad. In India government's most major project completed by LT group, which included recently opened ATAL Tunnel. Company's balance sheet is much attractive. Company's assets are more greater than its Liabilities, also having good EPS ratio. Currently stock trading at Rs. 1052/- as per last session closing price.
2. Mahanagar Gas Limited (MGAS)- A company is handling city gas distribution. As recently founded large NG sources in Sea of Indian territory is advantage for this company. Before going to Electric for vehicle Gas is also future and present fuel. After petrol and before solar electricity NG is more clean fuel having great future in upcoming time. A stock trading at Rs. 859/- as per closing basis of last session
3. Avanti Feeds (AVNT)- A company manufacturer of prow & fish feeds shrimp processor and exporter. As growing sector of Aquaculture in domestically and globally company having huge business opportunity due do its monopoly position. A company's management is highly experienced and visionary. Debt to Equity ratio of company is too low which good for its future capital raising and also having reasonable PE ratio. A stock trading at Rs. 486/- as per closing basis of last session.
4. ICICI Securities (ISEC)- ICICI Securities Limited is an India-based company. The Company offers a range of financial services including brokerage, financial product distribution and investment banking and focuses on both retail and institutional clients. The Company’s segments include: Broking and commission is consists of its equity, currency and derivative brokerage services, the distribution of third-party products, research, and fees from financial planning/education; Advisory services, which consists of equity capital markets services and financial advisory services that cater to corporate clients, the government and financial sponsors; Investment and trading, which consists of treasury and proprietary trading activities.
In current year huge revenue increment observed in company. Company having good Assets to Liability ratio. Company having reasonable PE ratio. A stock trading at Rs. 445/- as per closing basis of last session.
5. HCL Tech (HCLT)- HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology (IT) infrastructure services. The Company's segments include software services, infrastructure management services and business process outsourcing services. The software services segment provides application development and maintenance, enterprise application, software as a service (SAAS) application services and engineering, and research and development (R&D) services to global customers. The infrastructure management services segment involves managing customer's IT assets. The business process outsourcing services segment includes contact center and help desk services.
Company having good profit margin and return on investment. Company also paying good amount dividend. A stock trading at Rs. 827/- as per closing basis of last trading session.
***Important Note:- As you know currently market index trading at All time high(ATH) so these recommended stock you can buy when market will give correction. But today (Nov. 14, 2020) a Muhurat trading session on this occasion you can buy these stocks in few quantity and when market will correct or if you find stock specific deep then make large position for long term investment.
Stock market investment is subject to market risk. Consult with expert before taking any position in stock market.
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