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SBI Securities has announced its top ten stock ideas for this festive season. These companies come from sectors such as manufacturing, engineering, automotive, metals, and banking. Each pick is backed by strong demand trends and steady earnings growth.Oswal Pumps tops the list with a 25.2% upside and a target price of ₹970. Swaraj Engines follows closely at 24.2%, with a target of ₹5,112, supported by rising farm mechanisation. Pondy Oxides offers 23.4% potential, aiming for ₹1,530, driven by growing demand for lead-based products.
In automobiles, Ashok Leyland has a 23.2% upside to ₹170, boosted by commercial vehicle sales. Azad Engineering and Fiem Industries each show 22.5% growth potential, targeting ₹2,105 and ₹2,340 respectively. Their expansion in aerospace and automotive lighting supports this outlook. IMFA offers 21.7% upside to ₹1,415, aided by strong ferrochrome exports. Subros stands at 21.2% with a goal of ₹1,355, benefiting from rising demand for automotive AC systems.
From the metals sector, National Aluminium has a forecast gain of 19.7% to ₹260. In banking, Indian Bank shows a 15.4% upside to ₹875, supported by loan book growth.
These Diwali recommendations offer a balanced mix of growth and sector diversity for investors.
