Top 7 Long-Term Stocks to Buy: Analysts Recommend a Diverse Portfolio
Looking to build a robust long-term equity portfolio? Leading domestic brokerages have handpicked fundamentally strong stocks across key sectors, ranging from financials and banking to automobiles, real estate, and metals.
Backed by research-driven insights and strong growth potential, these stocks have received ‘buy’ recommendations from reputed brokerages including Geojit BNP Paribas, Axis Securities, Emkay, Motilal Oswal, and ICICI Securities.
Here’s a quick look at the seven stock picks along with their target prices:
1. HDFC Bank (Financials) - Current Price: INR 1,500 - Target Price: INR 1,750 - Brokerage: Geojit BNP Paribas - Reason: HDFC Bank is known for its strong retail franchise, robust digital capabilities, and consistent performance. The brokerage expects the bank to maintain its leadership position in the Indian banking sector.
2. Reliance Industries (Diversified) - Current Price: INR 2,200 - Target Price: INR 2,500 - Brokerage: Axis Securities - Reason: Reliance Industries has a diversified portfolio spanning oil and gas, petrochemicals, and retail. The brokerage sees significant growth potential in the company's retail and digital initiatives.
3. Maruti Suzuki (Automobiles) - Current Price: INR 7,000 - Target Price: INR 8,000 - Brokerage: Emkay - Reason: Maruti Suzuki is the market leader in the Indian passenger car segment. The brokerage anticipates strong sales growth driven by new product launches and increasing demand in rural markets.
4. Tata Steel (Metals) - Current Price: INR 750 - Target Price: INR 900 - Brokerage: Motilal Oswal - Reason: Tata Steel is one of the largest integrated steel producers in India. The brokerage expects the company to benefit from rising steel prices and improved operational efficiency.
5. DLF (Real Estate) - Current Price: INR 250 - Target Price: INR 300 - Brokerage: ICICI Securities - Reason: DLF is a leading real estate developer with a strong presence in commercial and residential segments. The brokerage sees potential in the company's ongoing projects and the recovery in the real estate market.
6. Bajaj Finance (Financials) - Current Price: INR 5,500 - Target Price: INR 6,500 - Brokerage: Geojit BNP Paribas - Reason: Bajaj Finance is a leading non-banking financial company (NBFC) with a strong retail and commercial lending portfolio. The brokerage expects the company to continue its growth trajectory driven by a strong asset-liability management strategy.
7. Motherson Sumi (Auto Components) - Current Price: INR 200 - Target Price: INR 250 - Brokerage: Axis Securities - Reason: Motherson Sumi is a leading auto component manufacturer with a global presence. The brokerage anticipates strong growth in the company's international markets and new product launches.
These stock picks are based on thorough research and analysis, making them suitable for long-term investment. Investors should, however, conduct their own due diligence and consult financial advisors before making any investment decisions.
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