Brokerage and research firm Edelweiss has recommended a total of ten stocks as its top Diwali picks , which includes Birlasoft, Brigade Enterprise, ICICI Bank, IndusInd Bank, Infosys, Home First Finance Company (HFFC), Indo Count Industries, Inox Leisure, Max Healthcare and Mindtree. Edelweiss' top stock picks for Diwali -Birlasoft: Better deal signings, focus on niche verticals, top client growth and increased efficiency due to cutting of tail are responsible for improved profitability, the brokerage said. Brigade Ent: Edelweiss believes Brigade is best play on revival in residential market and would continue to maintain its market share given its asset light model, strong Brand and execution track record. ICICI Bank: In terms of valuation, ICICI is trading at discount over large peers such as Kotak and HDFC Bank. IndusInd Bank: "The stock is currently trading at a discount to the 4 largest private banks.

Source: Mint October 30, 2021 08:36 UTC