Stocks to buy for long term: Bharti Airtel, Ambuja Cements, Cipla among Axis Securities’ New Year stock picks for 2025
Live MintThe growth prospects of the Indian economy are likely to improve in the forthcoming quarters and the Financial Year 2026 is expected to be better than FY25, driven by fiscal tailwinds, private capex revival, and easing credit conditions post-CRR cuts, according to Axis Securities. Hence, bottom-up stock picking with a focus on ‘Growth at a Reasonable Price’ and ‘Quality’ would be keys to generating satisfactory returns in the next one year,” Axis Securities said. These are - Structural Play in Premium Consumption Growth story of the Indian Healthcare Industry Companies with higher growth potential in the Infrastructure value chain Pharma and Telecom as a Defensive Play Real Estate led by Demand Visibility Reasonable valuation play in BFSI Right mix of Rate Cut Cycle, Defensive, Infra, and Consumption Stocks to buy for long term Axis Securities recommends a “Buy on Dips” strategy for its list of stocks to buy in 2025 with an investment horizon of over 12 months. The New Year stock picks for 2025 by Axis Securities are Shriram Finance, Fortis Healthcare, Prestige Estates Projects, City Union Bank, Ambuja Cements, DOMS Industries, Ethos, Bharti Airtel and Cipla. Shriram Finance | Buy | Target Price: ₹3,825 Fortis Healthcare | Buy | Target Price: ₹860 Prestige Estates Projects | Buy | Target Price: ₹2,195 City Union Bank | Buy | Target Price: ₹215 Ambuja Cements | Buy | Target Price: ₹675 DOMS Industries | Buy | Target Price: ₹3,120 Ethos | Buy | Target Price: ₹3,750 Bharti Airtel | Buy | Target Price: ₹1,880 Cipla | Buy | Target Price: ₹1,735