As India steps into Samvat 2081, HDFC Securities has unveiled its top stock picks for the upcoming Diwali year, selecting ten stocks spanning across industries that are poised to perform well. With a mix of public sector, mid-cap, and large-cap stocks, the report anticipates moderate returns with higher volatility in the coming year. Below is an overview of their Diwali stock recommendations:
| Stock | Sector | LTP | Buy Range | Target | Time Horizon |
|---|---|---|---|---|---|
| Bank of India | Public Sector Banks | ₹105 | ₹96-106 | ₹132 | Till Next Diwali |
| JK Lakshmi Cement | Cement (North India) | ₹811 | ₹738-819 | ₹936 | Till Next Diwali |
| Jyothy Labs | Personal Care (Large Cap) | ₹528 | ₹480-533 | ₹600 | Till Next Diwali |
| L&T Finance | Investment and Others (NBFC) | ₹168 | ₹153-170 | ₹219 | Till Next Diwali |
| National Aluminium Company | Aluminium | ₹218 | ₹198-220 | ₹270 | Till Next Diwali |
| Navin Fluorine International | Chemicals (Inorganic) | ₹3362 | ₹3059-3396 | ₹3948 | Till Next Diwali |
| NCC Ltd | Construction and Infrastructure | ₹300 | ₹273-303 | ₹363 | Till Next Diwali |
| PNB Housing Finance | Housing Finance (NBFC) | ₹981 | ₹893-991 | ₹1160 | Till Next Diwali |
| Reliance Industries | Refineries & Marketing | ₹2689 | ₹2447-2716 | ₹3243 | Till Next Diwali |
| State Bank of India | Public Sector Banks | ₹805 | ₹733-813 | ₹960 | Till Next Diwali |
The report recommends these stocks for their sector-specific potential, supported by India’s vibrant growth story, demographic advantages, and the government’s infrastructure spending. The table lists the stocks with their respective buy ranges and target prices by the next Diwali.
Each of these stocks is carefully chosen based on industry trends, operational efficiencies, and strategic growth triggers, making them attractive investment options for Samvat 2081.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial or investment advice. Readers are encouraged to perform their own research and consult with a qualified financial advisor before making any investment decisions. The views expressed in this article do not necessarily reflect the opinions of the publication or its affiliates. Investing in the stock market involves risks, and past performance is not indicative of future results. Neither the author nor the publication will be held liable for any investment losses incurred based on the information provided.
