35 Top Stocks to Buy from 11 Sectors: Axis Securities' High-Conviction Picks Post-Q2
Axis Securities has released a sweeping list of 35 high-conviction stock ideas across 11 sectors after the second-quarter results, spanning real estate, power, IT services, cement, retail, and FMCG. These picks reflect the brokerage’s view on India’s strongest structural themes — formalisation, consumption, credit growth, energy transition, and manufacturing revival.
The list below compiles all of Axis Securities’ preferred names, sector by sector, to help investors understand where the brokerage sees the most visibility and upside in FY26.
Axis Securities remains constructive on real estate, backed by rising pre-sales, stronger balance sheets, and premium housing momentum. Its top picks include Prestige Estates Projects and Signature Global, both beneficiaries of sustained demand recovery and aggressive expansion plans.
The brokerage highlights strong pricing power and improving volumes in building materials. It prefers Cera Sanitaryware, which benefits from premiumisation in home products, and Greenply Industries, which is capitalising on consolidation in the plywood segment.
Axis sees steady demand visibility from infrastructure, auto, and construction. Its top calls include APL Apollo Tubes, India’s largest structural steel tube maker, and Hindalco, supported by global aluminium recovery and Novelis expansion.
The brokerage continues to favour utilities with visibility on renewables, capex, and regulated returns. Its preferred names include NTPC, riding on green capacity additions; JSW Energy, scaling up storage and renewables; and Skipper, a key supplier of transmission structures.
Axis Securities’ largest basket is in financials, where it sees superior deposit franchises and stable credit demand. The seven picks include HDFC Bank, Kotak Mahindra Bank, SBI, Federal Bank, Ujjivan Small Finance Bank, Bajaj Finance, and Shriram Finance — reflecting confidence across both lenders and NBFCs.
The brokerage highlights stable deal pipelines and improving tech budgets in FY26. Its preferred names are LTIMindtree, Persistent Systems, and Coforge, all with strong exposure to digital, cloud, and BFSI clients.
Axis keeps it simple in telecom with a single conviction idea: Bharti Airtel, which it sees benefiting from tariff hikes, 5G monetisation, and premium ARPU growth.
Axis is bullish on cement, expecting volume expansion and margin recovery, with picks including UltraTech, Ambuja, Dalmia Bharat, and JK Lakshmi. In chemicals and midcaps, its view spans six names such as Aarti Industries, Pitti Engineering, VA Tech Wabag, and Gravita. In FMCG, it highlights the resilience of Nestlé India, Britannia, and the fast-growing DOMS Industries.
Axis Securities points to sustained recovery in discretionary demand and improving store productivity. Its top retail picks include Trent, Shoppers Stop, and Pantaloon Retail, which are expected to benefit from the ongoing consumer recovery and operational efficiency improvements.
