Diwali to Diwali rocket shares: Double your money? Shri Digvijay Cement is the stock to buy

In today's edition of Zee Business special Diwali show with Managing Editor Anil Singhvi, we bring you another Rocket Share that will bring windfall gains for investors. This stock is from the cement sector and is expected to do well in tandem with the overall sector. Know which stock this is! (#DiwaliOnZee) 

Top Stock to Buy Today: Shri Digvijay Cement Company  

The channel expert recommended Shri Digvijay Cement Company as his top buy of today calling it a ‘Rocket Share’. The market capitalisation of this stock is less than Rs 900 cr. The plant capacity is 1.2 million tn. This stock is available at its lowest valuation if the production capacity is considered. 

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दिवाली से दिवाली तक का रॉकेट शेयर... आशीष माहेश्वरी और कुणाल सरावगी से जानिए वो दमदार शेयर जो देंगे शानदार रिटर्न्स#DiwaliOnZee @AnilSinghvi_ @kunalsaraogi pic.twitter.com/wiSJ9KpEtn

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Why to buy this stock?  

While recommending the stock, the analyst said that the valuation is likely to get double over a 12-month period. This stock is currently trading around Rs 63 and the target price of this stock is Rs 126, he said.  

Top Stock to Buy Today: Kotak Mahindra Bank 

Another Diwali stock is Kotak Mahindra Bank, which was recommended by expert Kunal Saraogi. He said that the investors buying this stock should remain invested till next Diwali. He said that the stock looked very strong on the charts. It is after a long time (5-6 months) that it is outperforming in comparison to Nifty, though it has traditionally been outperforming the broader market index. 

Why to buy this stock?  

He also said that he expected a few of its subsidiaries getting listed on the exchanges, down the line. 

The bank’s subsidiaries have business interests in AMC, insurance and an asset reconstruction company.  

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He said that the immediate hurdle is around Rs 1750 which can also be a short term target. This stock is currently trading around Rs 1581. The next target is around Rs 2000.