JM Financials and HDFC Securities are both prominent players in the Indian financial services sector, offering a comprehensive range of services, including equity broking, wealth management, and investment banking. With a strong emphasis on in-depth research and market analysis, these firms deliver personalized investment strategies tailored to meet the unique financial goals of their clients.
Both firms have recently identified a list of stocks with strong upside potential and have assigned ‘Buy’ ratings, reflecting their confidence in the growth prospects of these stocks. They have also provided a timeline for the target, with expectations for these stocks to reach their price goals by the next Diwali.
Here is the List of stocks to keep on your Radar
JM Financials
Eureka Forbes Ltd
Eureka Forbes Ltd is a leading Indian consumer durables company, primarily focused on providing innovative solutions in water purification, air purification, and home security. Known for its flagship product, the Aquaguard water purifier, Eureka Forbes offers a wide range of products catering to health and hygiene needs. The broker has given the Target of Rs. 715 per share with an upside potential of 34 percent from the current market price.
Brainbees Solutions Ltd
Brainbees Solutions is an emerging leader in the Indian e-commerce sector, specializing in the sale of baby and kids’ products. It operates a popular online marketplace called FirstCry, offering a wide variety of products ranging from baby care, clothing, toys, and furniture. It has grown rapidly, establishing itself as a trusted brand for parents looking for high-quality, affordable products for their children. The broker has given the Target of Rs. 460 per share with an upside potential of 26 percent from the current market price.
Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes is a prominent manufacturer of stainless steel and carbon steel pipes, tubes, and fittings, serving industries like oil and gas, chemical, power, and infrastructure. With state-of-the-art manufacturing facilities, Ratnamani is known for its high-quality products, timely delivery, and adherence to international standards. The broker has given the Target of Rs. 2,900 per share with an upside potential of 27 percent from the current market price.
Lloyds Metals and Energy Ltd
Lloyds Metals and Energy is an Indian company engaged in the production of steel, iron, and other metal-based products. It operates in sectors such as mining, energy, and manufacturing, with a focus on providing high-quality products for industrial applications. It has expanded its footprint in the renewable energy space, while its stronghold remains in the production of long steel products and ferro alloys. The broker has given the Target of Rs. 1,680 per share with an upside potential of 25 percent from the current market price.
Apollo Hospitals Enterprise Ltd
Apollo Hospitals Enterprise is one of India’s largest and most trusted healthcare providers, with a network of hospitals, clinics, and pharmacies across the country. Known for offering world-class medical services, Apollo Hospitals provides specialized care in areas such as cardiology, oncology, orthopedics, and neurology. The broker has given the Target of Rs. 9,000 per share with an upside potential of 15 percent from the current market price.
HDFC Securities
Sheela Foam Ltd
Sheela Foam is a leading Indian manufacturer of mattresses and foam-based products, with its flagship brand Sleepwell. The company specializes in providing high-quality sleep solutions and has a strong presence in the home comfort sector. Sheela Foam offers a wide range of products, including mattresses, pillows, and foam for industrial applications. The broker has given the Target of Rs. 837 per share with an upside potential of 22 percent from the current market price.
Northern ARC Capital Ltd
Northern ARC Capital is a prominent non-banking financial company (NBFC) in India, specializing in providing debt financing to micro, small, and medium enterprises (MSMEs). The company focuses on creating inclusive financial solutions for underserved sectors, including affordable housing, agriculture, and microfinance. The broker has given the Target of Rs. 333.5 per share with an upside potential of 23 percent from the current market price.
IDFC First Bank Ltd
IDFC First Bank is a leading private-sector bank in India, offering a wide range of banking and financial services, including retail banking, corporate banking, and wealth management. Known for its customer-first approach, IDFC First Bank is focused on digital banking, with a suite of innovative products and services designed to cater to diverse customer needs. The broker has given the Target of Rs. 88.5 per share with an upside potential of 20 percent from the current market price.
JSW Energy Ltd
JSW Energy is a prominent player in India’s power sector, with a diverse portfolio of thermal, hydro, and renewable energy assets. The company is part of the JSW Group and is known for its focus on sustainable energy solutions and increasing its renewable energy capacity and JSW Energy has consistently invested in expanding its power generation capabilities. The broker has given the Target of Rs. 639 per share with an upside potential of 20 percent from the current market price.
Associated Alcohols & Breweries Ltd
Associated Alcohols & Breweries is an Indian manufacturer of alcoholic beverages, including whisky, rum, vodka, and beer. The company operates a number of well-known brands in the Indian and international markets. It is committed to delivering quality products, leveraging its strong distribution network, and adhering to industry standards in production. The broker has given the Target of Rs. 1,182 per share with an upside potential of 17 percent from the current market price.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Diwali Picks 2025: JSW Energy and 9 other stocks that can deliver returns of up to 34% appeared first on Trade Brains.