PL Capital’s High Conviction Stock Picks for August 2025: Adani Ports, Britannia, L&T, DOMS, Eris, Voltamp on Radar
- 28th August 2025
- 12:30:00 PM
- 3 min read
Summary
PL Capital’s August 2025 high conviction stock picks include Adani Ports, Britannia, L&T, DOMS, Eris, and Voltamp, reflecting confidence in India’s domestic demand revival. The brokerage expects strong sectoral gains from GST 2.0, festive consumption, and infra spending, with a Nifty target of 27,609 over 12 months.
Mumbai | August 28 – PL Capital has released its updated list of high conviction stock picks for August 2025, featuring a new mix of large-cap and midcap companies that are well-positioned to benefit from India’s evolving growth drivers. The refreshed portfolio includes Adani Ports & SEZ, Britannia Industries, Larsen & Toubro, DOMS Industries, Eris Lifesciences, and Voltamp Transformers.
The update reflects an increased focus on domestic demand-led businesses, festive consumption, and GST 2.0 tax reforms, while pruning names facing near-term challenges.
“We are adding names which might deliver relatively higher outperformance in the coming quarters. The emphasis remains on businesses with sector leadership, earnings visibility, and strong balance sheets,” said Amnish Aggarwal, Head of Research, PL Capital.
High Conviction Stock Picks – August 2025
| Company | Sector | CMP (₹) | Target Price (₹) | Upside (%) |
| Adani Ports & SEZ | Ports & Logistics | 1,448 | 1,730 | 19.50% |
| Britannia Industries | FMCG | 5,365 | 6,100 | 13.70% |
| Larsen & Toubro (L&T) | Capital Goods | 4,070 | 4,800 | 17.90% |
| DOMS Industries | Consumer Durables | 2,270 | 2,650 | 16.70% |
| Eris Lifesciences | Pharmaceuticals | 940 | 1,120 | 19.10% |
| Voltamp Transformers | Industrials | 7,480 | 8,750 | 17.00% |
(Prices and targets based on PL Capital’s India Strategy Report, August 2025)
Why These Stocks Were Added
- Adani Ports: India’s largest private port operator with ~28% cargo share; overseas expansions add multi-year growth visibility.
- Britannia: Category leadership, premiumisation, and an expected EPS CAGR of ~14% over FY25–27.
- L&T: Strong domestic and international order pipeline; new growth drivers in green energy, data centres, and semiconductors.
- DOMS: Key beneficiary of GST 2.0 reform with stationery tax rate reduced from 12% to 5%.
- Eris Lifesciences: Expanding into derma, insulin, and injectables; profitability expected to double by FY27.
- Voltamp: Positioned to capture industrial capex and grid upgrades, supported by a debt-free balance sheet and healthy free cash flows.
At the same time, ABB India, Kotak Mahindra Bank, InterGlobe Aviation, Triveni Turbine, Astral, and IRCTC were removed from the conviction list due to limited near-term upside or sector-specific challenges.
Market Outlook
We project Nifty EPS CAGR of 13.2% over FY25–27, with a 12-month Nifty target of 27,609 (based on 19.1x FY27 EPS of 1,445). Our bull and bear case scenarios are pegged at 28,990 and 24,848, respectively.
“India’s favourable macro backdrop of low inflation, monetary easing, and festive-season demand supports equities. Our conviction portfolio reflects businesses most likely to outperform in this environment,” the report noted.
Performance Track Record
The high conviction portfolio has consistently outperformed benchmarks:
- Since Nov 2018: +155.8% (vs. Nifty +133.1%) → Alpha +22.7%
- Since Apr 2024: +15.0% (vs. Nifty +14.0%) → Alpha +1.0%
Bottom Line
Our August 2025 high conviction stock picks highlight domestic demand leaders in ports, FMCG, pharma, and industrials. With Adani Ports, Britannia, L&T, DOMS, Eris, and Voltamp at the forefront, the portfolio reflects our conviction that India’s consumption revival and infra-led growth will drive meaningful equity returns in the years ahead.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
