Axis Securities Unveils 15 Top Stock Picks for June 2025
Axis Securities has identified 15 top stock picks across 8 sectors for June 2025, highlighting robust credit expansion, strong macro fundamentals, and supportive policy actions. These picks include Bharti Airtel, HDFC Bank, and Prestige Estates Projects.
Stock PicksAxis SecuritiesFinancialsConsumer StaplesCommunication ServicesReal EstateJun 02, 2025
Axis Securities expects financials to lead earnings growth in FY26, thanks to robust credit expansion and a healthy Q4FY25 performance. ICICI Bank, trading at a 12-month forward PE of 19.2x, is seen delivering a 14% upside to its target price of Rs 1,650. State Bank of India, currently valued at 6.6x PE, offers a 26% return potential with a target of Rs 1,025. HDFC Bank is expected to reach Rs 2,250, providing a 16% upside and a 2.7% dividend yield. Shriram Finance rounds out the financials with a 24% upside to its target of Rs 790, trading at just 11.5x forward earnings.
In the consumer staples sector, Varun Beverages is highlighted as a high-growth stock with a 37% upside to its Rs 650 target, trading at 52.7x forward earnings. Avenue Supermarts, despite its premium valuation of 92.8x PE, is expected to deliver a 19% upside to Rs 4,770, underpinned by its dominant retail footprint. Colgate-Palmolive (India), offering a 2.4% dividend yield, is seen providing a 15% upside to Rs 2,830, supported by strong brand positioning and profitability.
For communication services, Bharti Airtel, trading at Rs 1,856, is Axis’ top pick with a target price of Rs 2,200, indicating a 19% upside. The brokerage sees the telecom major benefiting from India’s rapid digital transformation and rising average revenue per user (ARPU), reinforcing its position as a quality large-cap in a duopolistic market structure.
Under consumer discretionary, Hero MotoCorp is forecast to deliver a 17% upside to its Rs 5,030 target, supported by recovery in vehicle sales and a moderate forward PE of 16.3x. Sansera Engineering, newly added to the portfolio, is expected to rise 16% to Rs 1,580, benefiting from strong macro visibility and industrial demand tailwinds.
In the healthcare sector, Lupin is projected to rally 28% to Rs 2,500, supported by margin expansion and a forward PE of 23.1x. Max Healthcare Institute, trading at a premium 75.1x PE, reflects its growth premium and is expected to offer a 17% return to its Rs 1,315 target.
Prestige Estates Projects is the sole real estate stock in Axis’ top picks, with a target price of Rs 1,850 implying a 26% upside from the current Rs 1,467 level. The brokerage maintains a selective bullish view on the sector, supported by long-term housing demand trends and continued urban expansion.
APL Apollo Tubes is the preferred materials-sector stock, seen benefiting from India’s ongoing capex cycle and infrastructure thrust. Currently trading at Rs 1,812, the stock has a target price of Rs 2,025, indicating a 12% upside, with a forward PE multiple of 37.5x reflecting strong investor confidence.
Kalpataru Projects International is the brokerage’s top industrial pick, aligned with its tilt toward execution-focused, capex-driven plays. With a forward PE of just 8.0x and a 2.5% dividend yield, the stock is expected to rise 19% to Rs 1,350, backed by an improving order book and robust project execution outlook.
Frequently Asked Questions
What is Axis Securities' outlook for India's FY26 growth?
Axis Securities remains optimistic about India’s FY26 growth, citing strong domestic macro fundamentals, improving liquidity, and supportive policy actions.
Which financial stocks are highlighted by Axis Securities?
Axis Securities highlights ICICI Bank, State Bank of India, HDFC Bank, and Shriram Finance as top picks in the financials sector.
What is the target price for Bharti Airtel according to Axis Securities?
Bharti Airtel is expected to reach Rs 2,200, indicating a 19% upside from its current price of Rs 1,856.
Which real estate stock is included in Axis Securities' top picks?
Prestige Estates Projects is the sole real estate stock in Axis Securities' top picks, with a target price of Rs 1,850, implying a 26% upside.
What is the expected upside for APL Apollo Tubes?
APL Apollo Tubes is expected to rise 12% to Rs 2,025, reflecting strong investor confidence in the materials sector.
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