The brokerage's festive selections feature companies supported by operational expansions, robust market share, and solid project backlogs. Shanti Gold International leads the projections with an anticipated gain of 50 percent to reach Rs 410, driven by retail growth and facilities in Marol and Jaipur. Meanwhile, pharmaceutical and financial names like Aarti Pharmalabs, Northern Arc, and ICICI Bank offer projected upsides between 14.5 percent and 25 percent.
Key points
Angel One emphasizes that long-term wealth creation will depend on proven corporate earni…: Angel One emphasizes that long-term wealth creation will depend on proven corporate earnings rather than broad market momentum.
Target upsides across the highlighted companies span from 10 percent up to 50 percent for…: Target upsides across the highlighted companies span from 10 percent up to 50 percent for the festive period.
Engineering and manufacturing firms including Engineers India and Ratnaveer Precision Eng…: Engineering and manufacturing firms including Engineers India and Ratnaveer Precision Engineering are backed by high-margin expansion projects.
Sources checked by our analysis pipeline: 1
As investors enter Samvat 2083, the landscape calls for selectivity rather than indiscriminate optimism. Global uncertainties, fluctuating capital flows and evolving market expectations continue to influence equity performance. In this environment, sustainable wealth creation is likely to depend less on broad-based market movements and more on identifying businesses capable of delivering consistent earnings growth. Here are 8 stocks Angel One is bullish on:
iStock
2/8
ICICI Bank
Angel One has set the target price at Rs 1,800, an upside of 14.5% from current market levels. The private lender is India's second-largest private-sector bank, with a market capitalisation of about Rs 10 lakh crore and a pan-India retail, SME and corporate franchise.
Agencies
3/8
Northern Arc
The brokerage has pegged the target price at Rs 330 per share, an upside of 16% from current levels. Analysts are optimistic based on 6.1x FY29E EPS of Rs 54 (about 1.0x FY29E book value; the stock trades at 4.5x). Angel One sees a score for sustained earnings compounding as lending AUM grows 20% a year to Rs 28,600 crore by FY29E and direct-to-customer lending…
A confluence of global relief and domestic tailwinds sparked an aggressive rebound across Indian equities, fueled by falling crude prices and softer U.S. bond yields. Overseas institutional buyers returned with massive inflows, positioning the domestic market as an insulated destination amid broader worldwide tech-sector volatility. This sharp rally added roughly ₹28 lakh crore to investor wealth as major benchmark indices reclaimed key historical milestones.
Investors are fleeing expensive technology holdings as worries intensify over massive capital outlays, high corporate debt, and elusive returns on advanced computing investments. Compounding the pressure, a shifting political landscape in Washington threatens data-center infrastructure plans while persistent economic strength keeps interest-rate hike expectations alive. The aggressive de-risking has left broad market sectors battered and traditional defensive strategies unable to absorb the fallout.
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