Muhurat Trading for 2023 is going to happen on Diwali Day from 6 PM to 7.15 PM. Investors are looking for the top 5 shares for Muhurat Trading so that they can invest in quality stocks and earn huge profit in medium to long term time frame. After extensive research, we have selected 5 such stocks which can be tried for Muhurat Trading of 2023. These shares are likely to grow in medium to long term.
Yes Bank
Yes Bank is currently trading at around Rs.18. This share is favourite for Muhurat Trading 2023.
Yes Bank is a private sector bank in India. It is the fourth largest private sector bank in India by assets. The bank has a network of over 1,000 branches and 4,000 ATMs across India.
Yes Bank has been facing some challenges in recent years, including high asset quality issues and liquidity problems. However, the bank has taken a number of steps to address these challenges, including raising capital and improving its governance.
The bank’s future business prospects are positive. The Indian economy is expected to grow at a healthy pace in the coming years, which will drive demand for banking services. Yes Bank is well-positioned to capitalize on this growth, given its strong brand and wide reach.
The bank has also focused on expanding its retail and digital banking businesses. These businesses are expected to be the key growth drivers for the bank in the coming years.
Suzlon Energy
Suzlon Energy is currently trading at around Rs.38. This share is favourite for Muhurat Trading 2023.
Suzlon Energy is a wind turbine manufacturer in India. It is the world’s fifth largest wind turbine manufacturer by installed capacity. The company has a manufacturing capacity of over 7 GW.
Suzlon Energy has been facing some challenges in recent years, including high debt levels and a slowdown in the Indian wind energy market. However, the company has taken a number of steps to address these challenges, including reducing its debt and diversifying its business.
The company’s future business prospects are positive. The Indian wind energy market is expected to grow at a healthy pace in the coming years, driven by government policies and the increasing demand for renewable energy. Suzlon Energy is well-positioned to capitalize on this growth, given its strong market position and manufacturing expertise.
The company has also focused on expanding its international business. Suzlon Energy has a presence in over 19 countries, and it plans to further expand its international footprint in the coming years.
Trident Limited
Trident Limited is currently trading at around Rs.36. This share is favourite for Muhurat Trading 2023.
Trident Limited is a textile manufacturer in India. It is one of the largest textile manufacturers in India by production capacity. The company manufactures a wide range of textile products, including yarn, fabric, and apparel.
Trident Limited has been facing some challenges in recent years, including a slowdown in the Indian textile market and rising input costs. However, the company has taken a number of steps to address these challenges, including expanding its product portfolio and improving its operational efficiency.
The company’s future business prospects are positive. The Indian textile market is expected to grow at a healthy pace in the coming years, driven by the increasing disposable incomes of Indian consumers and the growing export demand. Trident Limited is well-positioned to capitalize on this growth, given its strong brand and wide product portfolio.
The company has also focused on expanding its international business. Trident Limited exports its products to over 60 countries, and it plans to further expand its international footprint in the coming years.
Indian Railway Finance Corporation (IRFC)
IRFC is currently trading at around Rs.74
Indian Railway Finance Corporation (IRFC) is a public sector financial institution in India. It is the financing arm of the Indian Railways. IRFC finances the acquisition of rolling stock, locomotives, and other railway infrastructure assets.
IRFC’s future business prospects are positive. The Indian Railways is planning to invest heavily in expanding and upgrading its infrastructure in the coming years. This will create a significant opportunity for IRFC to finance these projects.
IRFC is also well-positioned to benefit from the growing demand for railway transportation services in India. The Indian economy is expected to grow at a healthy pace in the coming years, which will drive demand for passenger and freight transportation services. The Indian Railways is the main provider of railway transportation services in India, and IRFC is the financing arm of the Indian Railways.
Rail Vikas Nigam Limited (RVNL)
RVNL is currently trading at around Rs.156
Rail Vikas Nigam Limited (RVNL) is a public sector construction company in India. It is the construction arm of the Indian Railways. RVNL constructs new railway lines, gauge conversion projects, and other railway infrastructure projects.
RVNL’s future business prospects are positive. The Indian Railways is planning to invest heavily in expanding and upgrading its infrastructure in the coming years. This will create a significant opportunity for RVNL to construct these projects.
RVNL is also well-positioned to benefit from the growing demand for railway transportation services in India. The Indian economy is expected to grow at a healthy pace in the coming years, which will drive demand for passenger and freight transportation services.
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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