PL Capital Unveils Top 10 Stock Picks for Samvat 2082 as #MuhuratAaGaya
- 14th October 2025
- 06:00:00 PM
- 4 min read
Summary
As Diwali 2025 lights up Dalal Street, optimism meets opportunity. With India’s GDP growth near 7%, inflation easing, and retail participation at record highs, Samvat 2082 could mark another year of steady wealth creation. From large-cap resilience to mid-cap momentum, investors have reason to stay bullish. This festive season, it’s not just about lighting diyas — it’s about lighting up your portfolio
Mumbai | October 14
A Decade of Returns, A Moment of Renewal
Over the last ten years, Indian equities have transformed festive sentiment into sustained prosperity. Over the last decade, the Nifty 50 has delivered close to 180% returns, turning festive optimism into sustained wealth creation, while mutual fund SIP inflows have grown fivefold. As we enter Samvat 2082, the tone across Dalal Street feels unmistakably confident. Cooling inflation, stable policy continuity, and strong corporate earnings have reignited investor appetite. At PL Capital, we believe this Diwali represents more than just a festival — it’s a muhurat of opportunity. Our 2025 festive portfolio highlights businesses that combine fundamentals, innovation, and foresight — ready to deliver across cycles.
Amnish Aggarwal, Director, institutional Research at PL Capital’s Top 10 Stock Picks for Diwali 2025
1. HCL Technologies
HCL Tech continues to outperform peers with its fast-scaling AI-driven services, healthy deal pipeline, and operating leverage recovery. The company’s focus on automation and data platforms gives it structural growth visibility. Target Price: ₹1,760 | BUY
2. Hindustan Aeronautics (HAL)
HAL leads India’s indigenous defence renaissance, boasting a robust ₹1.3 lakh crore order book and a growing export presence. The Make-in-India defence push provides HAL multi-year tailwinds. Target Price: ₹5,600 | BUY
3. ITC
ITC remains a cornerstone of defensive growth. Its FMCG business continues to expand margins, while hotels and paperboard contribute diversification and resilience. Target Price: ₹545 | ACCUMULATE
4. ICICI Bank
ICICI Bank remains a benchmark for private banking excellence, with industry-leading ROEs and prudent asset quality. Its digital-first approach strengthens both retail and SME franchise growth. Target Price: ₹1,250 | BUY
5. Apollo Hospitals
Apollo’s expanding hospital network and digital platform, Apollo 24×7, have transformed patient engagement and boosted operational margins. It remains the preferred play on India’s healthcare boom. Target Price: ₹7,000 | BUY
6. KEI Industries
KEI stands to benefit from rising investments in manufacturing and power transmission. Its strong order pipeline and export growth make it an attractive infrastructure proxy. Target Price: ₹5,000 | BUY
7. Eris Lifesciences
Eris continues to expand its presence in chronic and lifestyle therapies, supported by strategic acquisitions. Its asset-light model ensures consistent profitability. Target Price: ₹1,340 | BUY
8. DOMS Industries
Following the recent GST cuts, DOMS is witnessing strong demand across key stationery segments. Capacity expansion at Umbergaon positions it well to capture growing domestic and export markets. Target Price: ₹3,080 | BUY
9. Data Patterns
With exposure to DRDO and ISRO projects, Data Patterns is one of the few pure-play defence tech firms. Its deep technical capability and indigenous R&D base make it a long-term outperformer. Target Price: ₹3,150 | BUY
10. Schaeffler India
A beneficiary of India’s industrial revival, Schaeffler India is well-placed to leverage demand in auto, industrial, and export markets. Target Price: ₹4,250 | BUY
Amnish Aggarwal on Market Outlook for Samvat 2082
“We expect markets to deliver mid-teen returns in Samvat 2082, driven by earnings growth and robust domestic liquidity,” says Amnish.
“Our Diwali 2025 strategy remains focused on bottom-up stock selection with an emphasis on quality and leadership. While global volatility persists, India’s domestic cycle remains strong, supported by steady consumption recovery, government capex, and corporate balance sheet strength.”
According to Aggarwal, investors should stay invested but be selective, preferring companies that combine earnings visibility with strong return ratios.
“This is not a time to chase momentum. It’s a time to hold conviction. The opportunities are real — but they favour disciplined investors,” he adds.
Investments Ka #MuhuratAaGaya
This Diwali, as diyas light up homes across India, investors too have a reason to celebrate. It’s not merely about market timing — it’s about participation in India’s unfolding growth story
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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.
