Margasira Thursdays are very auspicious and special for Sri Kanaka Mahalakshmi. The local people of Vizag perform special worships to the Goddess on these Thursdays. People at home offer Paravaannam / Paayasam / Kheer as Naivedyam on Thursdays and recite Kanaka Mahalakshmi Ashtakam on these days. Besdies Maargasira Maasam, even the Hindu month of Sraavanam which is important when the Telugu people celebrate Varalakshmi Vratam and then visit the temple on four Fridays in Sraavanam Maasam.
Ashta Lakshmi, also spelled as Ashtalakshmi, are a group of eight Hindu goddesses, secondary manifestations of Shri-Lakshmi, the Hindu goddess of wealth, who preside over eight sources of wealth.