Axis Securities has outlined a strategic list of top stock picks for 2025, targeting stocks across various sectors that hold the potential for substantial gains despite the ongoing market volatility. With Dalal Street continuing to face high levels of uncertainty, including concerns around geopolitical tensions, fluctuations in oil prices, and potential currency movements, Axis Securities remains optimistic about the overall long-term economic outlook for India. The firm believes that India’s economic growth will persist, though it expects market volatility to remain especially prominent in the first half of the year. The brokerage anticipates that by the second half of 2025, there could be steadier market conditions, offering opportunities for more stable returns.
As part of their broader market outlook, Axis Securities has identified several stocks that stand out based on technical analysis, recent bullish trends, and a solid track record of growth. Among these, Aditya Birla Sun Life AMC has been a standout performer, breaking out from a "rounding bottom" pattern at Rs 723 and showing sustained upward momentum. With this bullish trend continuing, Axis Securities has set a target price of Rs 950-1,045 for the stock, reflecting an upside potential of 30-43%. The consistent rise in trading volumes and higher highs and lows further support this optimistic outlook, making Aditya Birla Sun Life AMC an attractive pick for investors seeking solid growth potential.
In the healthcare sector, Aster DM Healthcare has been exhibiting a strong upward channel, with its price action supported by solid trading volumes. The healthcare sector is expected to maintain its strong momentum in 2025, and Axis Securities projects a target price of Rs 613-685 for Aster DM Healthcare, offering an upside potential of 30-46%. As the healthcare industry continues to benefit from increased demand and favorable market conditions, Aster DM Healthcare is expected to capitalize on these trends, solidifying its position as one of the top stock picks for 2025.
Capacite Infraprojects, a key player in the real estate sector, has also caught the attention of Axis Securities. The stock has broken past a multi-year high of Rs 425, and given the positive outlook for the real estate sector, the brokerage firm has set a target price range of Rs 513-555, representing an upside potential of 29-39%. Real estate stocks have generally performed well in 2024, and Capacite Infraprojects is expected to continue its bullish momentum as demand for infrastructure and housing projects remains strong.
Gujarat Fluorochemicals, which has been consolidating for nearly two years, recently broke out in September 2024, signaling a strong uptrend. Axis Securities forecasts a target price range of Rs 4,815-5,213, reflecting an upside potential of 17-27%. The breakout after a long period of consolidation suggests that the stock is positioned to continue its growth, supported by improving market sentiment and increasing investor interest in the company.
Another notable pick is HDFC Bank, a consistent performer in the banking sector. The stock has been on an upward trajectory since mid-2022, breaking out of a four-year consolidation phase at Rs 1,740. With a target price range of Rs 1,950-2,200, offering an upside potential of 15-30%, HDFC Bank remains a strong contender in the financial space. The bank's growth is supported by its robust financial performance and the ongoing expansion of India's banking sector, positioning it for sustained success in 2025.
Hindustan Petroleum Corporation (HPCL) has emerged as another key pick. The stock recently broke past its long-standing resistance level of Rs 300, suggesting a potential for significant growth. Axis Securities has set a target price range of Rs 485-544, with an upside potential of 28-43%. The growing demand for fuel and the stock's positive technical patterns, along with rising trading volumes, make it a promising pick for investors looking to capitalize on the growth of the energy sector.
Infosys, one of India’s largest IT companies, is another top pick for 2025. After a period of profit-booking, Infosys has rebounded, showing signs of continued growth. Axis Securities has set a target price of Rs 2,165-2,335 for Infosys, with an upside potential of 20-30%. The company is well-positioned to benefit from the growing demand for IT services and digital transformation in various industries, ensuring it remains a strong player in the tech sector.
Man Infraconstruction, a company with a strong track record of forming higher highs and lows since 2020, is expected to continue its upward trend in 2025. Axis Securities projects a target price range of Rs 295-328, offering an upside potential of 22-36%. The stock's consistent performance, supported by bullish technical indicators and a growing construction sector, makes it a solid pick for investors looking for growth opportunities in infrastructure.
Muthoot Finance, a prominent player in the financial services sector, is expected to continue its bullish momentum after breaking out of a four-year resistance zone. With a target price range of Rs 2,285-2,455 and an upside potential of 18-27%, Axis Securities believes Muthoot Finance is well-positioned to benefit from the ongoing demand for gold loans and other financial products.
Natco Pharma, which recently broke out of an eight-year consolidation phase, has emerged as a strong pick. Axis Securities has set a target price range of Rs 1,616-1,785, offering an upside potential of 28-42%. With its long-term uptrend continuing, the stock is expected to benefit from growing market participation and strong demand for pharmaceutical products.
One97 Communications (Paytm), the fintech giant behind the Paytm brand, has reversed its downward trend, breaking through a four-year resistance level. With a target price range of Rs 1,150-1,265, offering an upside potential of 28-41%, Paytm is expected to benefit from the ongoing growth in digital payments and financial services in India.
Lastly, Polyplex Corporation, a company with a two-decade-long track record of strong uptrends, is projected to continue its growth. Axis Securities has set a target price of Rs 1,595-1,735, offering an upside potential of 34-46%. The stock’s long-term growth, supported by robust trading activity and consistent demand, makes it an attractive pick for investors looking for stability and solid returns.
In conclusion, Axis Securities’ stock picks for 2025 reflect a mix of companies with strong bullish momentum, solid technical patterns, and significant growth potential across multiple sectors, including healthcare, infrastructure, financial services, and technology. As India’s economy continues to grow despite external challenges, these stocks offer investors a diversified set of opportunities to enhance their portfolios and capitalize on the market’s growth in the year ahead.
