Indian indices are currently valued highly compared to their historical averages, and many stocks across various sectors have low margins of safety at their current prices. Although currently undergoing a correction, the broader trend of the markets remains positive. To mark the beginning of a new ‘samvat’, domestic brokerage firm Wellworth Share & Stock Broking shares top 5 Diwali picks with up to 105% upside potential:
Recent acquisitions help shore up Tata Consumer revenue
At 14.9%, the company’s operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it