Signal Desk · Markets

Axis Direct highlights nine Diwali stocks with big upside

2026-11-02 · 1 source · Economic Times Markets

In short

Axis Direct has picked nine stocks ahead of Diwali, and the report says some have large upside potential. It names ITC Ltd. at 39%, Mazagon Dock Shipbuilders at 68%, and Olectra Greentech at 52%, with Coforge and Hindalco also included.

This matters for investors looking for festive-season stock ideas. The report does not say how long these gains might take or what could cause them.

What the reporting says

Axis Direct has spotlighted nine stocks ahead of Diwali, with the report citing sizable upside estimates for investors. The summary says ITC Ltd. could rise 39%, Mazagon Dock Shipbuilders 68%, and Olectra Greentech 52%, while Coforge and Hindalco are also on the list. The stock-picking call is the immediate event, but the source does not state the investment horizon or what would drive the gains.

Why it matters

Axis Direct spotlighted nine stocks ahead of Diwali, with the report citing upside estimates for ITC Ltd., Mazagon Dock Shipbuilders and Olectra Greentech, and also naming Coforge and Hindalco. The immediate impact is a new stock-pick list for investors, but the source does not give the full nine names, the time frame, or the assumptions behind the targets.

Touches: ITC Ltd., Mazagon Dock Shipbuilders, Olectra Greentech, Coforge, Hindalco, Markets, Companies

Sources