Muhurat Trading Picks – HSBC

HSBC Investments has released the pics for this Muhurat Trading. Most of the stocks picked by HSBC are quoting at P/Es of 10 for FY2011 earnings. The 10 stocks that made it to the list of this FII are as follows.

BEML Ltd – P/E of 11.1x on FY2011 expected earnings

Brigade Enterprises – P/E of 17.5x on FY2011 expected earnings [We are not comfortable with this stock]

Crompton Greaves – P/E of 15.1x on FY2011 expected earnings

Dishman Pharma – P/E of 7.91x on FY2011 expected earnings

Edelweiss Capital – P/E of 12.9x on FY2011 expected earnings


Reliance Industries – P/E of 13.1x on FY2011 expected earnings. Cum-Bonus.

Sarda Energy & Minerals – P/E of 5.1x on FY2011 expected earnings. Detailed research will be posted in Equity Research Section.

Swaraj Engines – P/E of 8.1x on FY2011 expected earnings

Welspun Gujarat – P/E of 11.7x on FY2011 expected earnings

Wishing our readers a very Happy Diwali and a colorful year ahead.

One thought on “Muhurat Trading Picks – HSBC

  1. Here are picks by ENAM

    Company – CMP – Target – Potential Upside
    Orient Paper & Industries 51 75 47%
    Sobha Developers 260 350 35%
    Elgi Equipment 69 100 45%
    Federal Bank 252 348 38%
    Nava Bharat Ventures 407 550 35%
    Adani Enterprises 691 1000 45%
    Aditya Birla Nuvo 978 1150 18%

Comments are closed.