Fundamental Diwali Picks

As we approach Diwali 2025, optimism is quietly building across the Indian equity markets. After months of consolidation, improving liquidity, and key policy reforms, investors are now turning their attention to quality stocks with solid earnings visibility.

Backed by strong macro indicators — such as GST rationalisation, income tax restructuring, and RBI’s accommodative stance — the stage is set for a revival in corporate earnings and renewed investor confidence.

Against this promising backdrop, the JM Financial Services (JMFS) Fundamental Research team has unveiled its Diwali Picks 2025, a curated list of high-conviction ideas across multiple sectors that offer potential upside opportunities for long-term investors.

🎯 JM Financial Services Diwali Picks 2025

Here are JMFS’s top stock recommendations across key sectors — combining fundamentals, growth outlook, and valuation comfort.

Company	Sector	CMP (₹)	Target Price (₹)	Upside (%)
Maruti Suzuki India	Auto	16,325	19,000	16%
Fiem Industries	Auto Ancillary	1,960	2,400	22%
Axis Bank	Banks	1,190	1,330	12%
IIFL Finance	NBFC	492	600	22%
L&T Finance	NBFC	267	300	12%
Apollo Hospitals Enterprise	Healthcare	7,677	9,000	17%
Lloyds Metals & Energy	Metals	1,318	1,680	28%
Ratnamani Metals & Tubes	Metals	2,324	2,900	25%
Brainbees Solutions	New Age	368	460	25%
Anant Raj	Data Center / Real Estate	685	844	23%
Eureka Forbes	Consumer Durables	545	715	31%
Astral	Building Materials	1,421	1,600	13%

🪙 Investment Perspective

JM Financial Services believes these 12 stocks represent a balanced mix of cyclical recovery and secular growth stories.
The research outlook suggests investors adopt a 1-year investment horizon, focusing on accumulation during market dips for optimal entry.

“These Diwali Picks reflect our conviction in India’s medium-term growth story. With fundamentals improving and valuations supportive, selective stock-picking remains key.”
— JM Financial Services Research Desk

🧭 How to Invest Through JM Financial Services

You can explore and invest in these Diwali Picks directly through your JM Financial Services trading and demat account.
JMFS provides:

• Fundamental & technical research updates
• Investment advisory from experts
• Easy online trading interface
• Portfolio review and management tools

📍Visit: www.jmfinancialservices.in

FAQs :-

1. How were these Diwali stock picks selected?
JMFS Research shortlisted these stocks based on earnings growth, valuation comfort, sector positioning, and long-term technical setups.

2. What is the time horizon for these investments?
Typically 12 months, but high-quality names like Maruti, Apollo, and Axis Bank can be held longer.

3. Are these recommendations suitable for beginners?
Yes. The basket includes large, mid, and emerging companies — ideal for diversified portfolios.

4. Can I invest in these stocks via JM Financial Services online?
Yes. You can log in to your JM Financial account or contact your Relationship Manager to invest.

5. What is the average expected return from the Diwali Picks 2025 basket?
The average potential upside, as per JMFS Research, stands around 20–25% over the next one year.

 

Source :- JM Financial Services Research Team