Incred Equities top post-election stock picks: Dabur India, Zydus Lifesciences, Spandana Sphoorty Financial, Cyient DLM, Skipper.
When the Lok Sabha election results were announced on June 4 and the Modi-led NDA didn’t perform as well as expected, the markets experienced a nearly 6 percent drop. Now that the elections are over, the markets will shift their focus to basic factors such as company performance, central bank decisions, and global trends. In response to this, Incred Equities, a brokerage firm, has shared 24 strong stock recommendations. They’ve also updated their model portfolio by adding some stocks and removing others.
STOCKS TO KEEP AN EYE
1. Dabur India
CMP-Rs 608
Dabur India is a well-known company in India that produces a wide range of products related to health and wellness. Their products include items for personal care, healthcare, and food. They are recognized for focusing on natural and ayurvedic ingredients in their products, catering to the growing demand for healthier alternatives.
2. Zydus Lifesciences
CMP- Rs 1056
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Zydus Lifesciences actively engages in researching, developing, and manufacturing healthcare products. They specialize in creating medications and treatments for various medical conditions, aiming to improve people’s health and well-being.
3. Spandana Sphoorty Financial
CMP- Rs 802
Spandana Sphoorty Financial is a financial services company that focuses on providing microfinance solutions to low-income households and individuals in rural and semi-urban areas of India. They offer small loans and financial services to empower people and support entrepreneurship in underserved communities.
4. Cyient DLM
CMP- Rs 663
Cyient DLM, also known as Cyient Design and Development Manufacturing Solutions, is a division of Cyient Limited. It specializes in providing design, engineering, and manufacturing solutions for industries like aerospace, defense, automotive, and industrial equipment. They offer services ranging from product design and development to manufacturing support, helping companies bring their innovative ideas to life.
5. Skipper
CMP- Rs 321
Skipper Ltd is a company that operates in the infrastructure sector, primarily focusing on power transmission and distribution. They specialize in manufacturing a wide range of products such as power transmission towers, poles, conductors, and other related infrastructure components. Skipper Ltd plays a crucial role in supporting the development of electrical infrastructure across various sectors.
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