Angel One picks eight stocks for Samvat 2083 ahead of Muhurat Trading

Angel One Research has recommended eight stocks across different sectors for Samvat 2083, offering potential gains of up to 32 percent based on their closing prices on 28 October. The brokerage picked ICICI Bank, Northern Arc Capital, Aarti Pharmalabs, Shanti Gold International, Ratnaveer Precision Engineering, Engineers India, AGI Infra, and Apollo Micro Systems as promising investments for the festive season.

Market Details

Stock exchanges NSE and BSE will hold the Muhurat Trading session for Diwali Lakshmi Puja on Sunday, 8 November, with the regular trading window set from 2:20 PM to 3:30 PM IST. Investors traditionally view this auspicious hour as a positive time to welcome Goddess Lakshmi and make fresh investments for the year ahead.

Stock Picks

For ICICI Bank, Angel One set a target price of ₹ 1,800 with an estimated 32 percent upside, backed by strong deposit and loan growth numbers from Q2 FY27. Northern Arc Capital has a target of ₹ 330 with a 29 percent upside, driven by expected lending assets growth. Aarti Pharmalabs received a target of ₹ 1,160 with a 32 percent upside as it expands into CDMO services. Shanti Gold International holds a target of ₹ 410 with a 30 percent upside, supported by new manufacturing capacity and retail customers. Ratnaveer Precision Engineering has a target of ₹ 400 with a 16 percent upside, tied to its upcoming Copper Clad Laminate project. Engineers India has a target of ₹ 320 with a 29 percent upside, supported by a large order book of ₹ 14,424 crore. AGI Infra and Apollo Micro Systems also form part of the eight recommended picks.

Context

Stock brokerages routinely release curated stock lists during the festive season to guide retail investors looking for long-term wealth creation opportunities during traditional market openings. These picks typically rely on projected earnings growth, valuation multiples, and sectoral tailwinds expected over the medium term.