Choice Broking identifies seven high-conviction Indian stocks

Choice Broking has identified seven high-conviction stock ideas following Q3 results, despite a downturn in Indian stock markets. The Nifty 50 index has dropped over 14% since September 2024, with midcap and smallcap indices declining even more. Among the recommended stocks are Mahindra & Mahindra, which is gaining market share in the auto sector, and Hindware, expanding its PVC pipes capacity. JK Cement is also highlighted for its strong performance projections in the cement industry. Other notable mentions include BEL in the defense sector, Yatharth in healthcare, Coforge with significant order book growth, and Divi’s, which is set for strong growth in its CDMO segment.