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Samvat 2082: SS WealthStreet’s Top 5 Diwali Stocks (Cochin Shipyard, NGEL, More)

With Diwali just around the corner, SS WealthStreet has unveiled its Diwali Picks 2025, spotlighting five promising stocks across key sectors — each demonstrating strong technical structure and sound fundamentals. Curated by Sugandha Sachdeva, Founder of SS WealthStreet and SEBI-registered Research Analyst, this year’s festive picks include Cochin Shipyard, Technocraft Industries, HG Infra Engineering, Jubilant Ingrevia, and NTPC Green Energy.

These companies embody the core growth engines of India’s economy — infrastructure, manufacturing, chemicals, and renewable energy — making them well-positioned to capture long-term structural opportunities.

🪔 Top 5 Diwali Stocks for Samvat 2082

1. Cochin Shipyard Ltd. (CSL)

Recommendation: Buy | Range: ₹1,750–1,770 | Target: ₹2,450 | Stop Loss: ₹1,500

India’s largest and most modern shipbuilding and repair facility, Cochin Shipyard boasts a robust order book featuring aircraft carriers, warships, and submarine support vessels.
The stock has seen consistent support near ₹1,590–1,600, and a decisive breakout above ₹2,000 could spark a rally towards ₹2,400–₹2,550. The successful delivery of INS Vikrant has cemented its status as a key defence PSU.

Risks: Project execution delays, cost overruns, and raw material price volatility.

2. Technocraft Industries (India) Ltd.

Recommendation: Buy | Range: ₹2,250–2,300 | Target: ₹3,150–₹3,500 | Stop Loss: ₹1,800

A diversified global conglomerate, Technocraft operates across drum closures, scaffolding systems, textiles, and engineering services. The stock trades near its 20-day EMA and remains firmly above its 50- and 100-day EMAs, signaling bullish momentum.
A breakout above ₹2,150 has formed a strong technical base, with sustained trading above ₹1,920 likely propelling the stock to ₹3,150–₹3,500.

Risks: Exposure to global trade uncertainties, forex fluctuations, and raw material price swings in steel and cotton.

3. HG Infra Engineering Ltd.

Recommendation: Buy | Range: ₹920–930 | Target: ₹1,250 | Stop Loss: ₹770

This Jaipur-based infrastructure leader specializes in road, highway, and metro EPC projects, while steadily expanding into renewable energy. The stock finds solid support around ₹916 and its 50 EMA near ₹923, suggesting room for further upside.
With the government’s continued capex push, HG Infra is well-placed to ride the infrastructure wave.

Risks: High leverage, working capital constraints, and delays in hybrid annuity project payments.

4. Jubilant Ingrevia Ltd.

Recommendation: Buy | Range: ₹675–680 | Target: ₹810–₹900 | Stop Loss: ₹587

Part of the Jubilant Bhartia Group, Jubilant Ingrevia operates in specialty chemicals, nutrition, and life sciences. Its leadership in Pyridine, Picolines, and Vitamin B3 production strengthens its global presence.
Trading above key moving averages, the stock’s RSI (55.6) indicates further room for gains. Sustaining above ₹820 could open an upside towards ₹900.

Risks: Volatility in commodity prices and cyclical demand from pharma and agrochemical sectors.

5. NTPC Green Energy Ltd. (NGEL)

Recommendation: Buy | Range: ₹97–100 | Target: ₹130 | Stop Loss: ₹82

A subsidiary of NTPC, NGEL leads India’s clean energy mission with an ambitious goal of 60 GW renewable capacity by FY2032. Its recently commissioned 12.5 MW solar project in Bhuj, Gujarat, underscores its growth momentum.
Technical indicators show base formation near ₹97–100, with RSI pointing upwards — suggesting potential for a medium-term move toward ₹130.

Risks: High debt, execution delays, and competitive bidding pressures in solar and wind projects.

💡 Analyst’s Take: Riding India’s Growth Themes

According to Sugandha Sachdeva, these festive stock picks align with the long-term macro trends powering India’s growth — including infrastructure expansion, renewable energy transition, and the manufacturing renaissance. Together, they represent a strategic blend of stability and growth potential for investors this Samvat 2082.

Disclaimer:
The information provided above is purely for educational and informational purposes. It does not constitute investment advice or a recommendation. Investments in the stock market and mutual funds are subject to market risks. Please consult a certified financial advisor before making investment decisions.

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