Diwali 2025 Muhurat Picks: Axis Securities Lists 9 Long-Term Stocks from Kotak Bank to Chalet Hotels

As Diwali 2025 approaches, Axis Securities has unveiled its list of nine “Muhurat picks”—stocks that it believes could deliver strong long-term returns. The brokerage has included top names like Kotak Mahindra Bank, Federal Bank, JSW Energy, Chalet Hotels, DOMS Industries, and others, highlighting sectors poised for growth in Samvat 2082.

Market Outlook: A New Beginning for Samvat 2082

The Nifty 50 is expected to end Samvat 2081 with muted gains, as weak corporate earnings, global tariff tensions, and FII outflows weighed on performance. Despite challenges, Axis Securities predicts that India’s economic fundamentals remain robust and that FY26–FY27 could witness accelerated growth, driven by domestic demand and policy stability.

“India’s domestic growth momentum remains resilient, and early projections suggest FY27 could outperform FY26,” the brokerage noted.

Axis Securities’ 9 Muhurat Picks for Diwali 2025

Here’s the full list of Axis Securities’ top long-term investment recommendations:

Rainbow Children’s Medicare

Target Price: ₹1,625

Upside Potential: 23%

Strong growth in pediatric and maternity segments.

Asset-light expansion and maturing hospitals expected to lift margins to ~33%.

DOMS Industries

Target Price: ₹3,110

Upside Potential: 22%

Expansion into pens, toys, bags, and diapers.

Strategic FILA partnership boosts global reach.

Projected FY25–28 revenue CAGR: 23%.

KEC International

Target Price: ₹1,030

Upside Potential: 20%

Robust order book ensures revenue visibility for 18–24 months.

Expected to benefit from India’s infrastructure and power transmission push.

Chalet Hotels

Target Price: ₹1,120

Upside Potential: 19%

Strong brand partnerships and real estate monetisation plans.

New Taj property at Delhi Airport to boost hospitality revenue.

Minda Corporation

Target Price: ₹690

Upside Potential: 19%

Evolving from auto component maker to high-tech mobility solutions provider.

Growth across both EV and ICE segments.

Kotak Mahindra Bank

Target Price: ₹2,500

Upside Potential: 17%

Focus on SME and LAP segments to drive CASA growth.

Consistent loan-to-deposit ratio between 85–86%.

Federal Bank

Target Price: ₹240

Upside Potential: 16%

Retail-focused growth strategy with expected 16% CAGR in credit.

Valued at 1.4x FY27E ABV.

JSW Energy

Target Price: ₹625

Upside Potential: 15%

Poised to gain from India’s growing energy storage sector.

Targeting 30 GW installed capacity and 40 GWh storage by FY30.

Coforge

Target Price: ₹1,980

Upside Potential: 15%

Multiple long-term contracts with global brands.

Revenue CAGR of 25% projected through FY25–27.

Axis View on the Indian Market

Axis Securities expects Indian equities to stage a strong comeback in Samvat 2082, led by structural reforms, steady domestic demand, and policy-driven growth in manufacturing, banking, and infrastructure sectors.

“This Diwali offers an excellent opportunity for long-term investors to accumulate quality stocks,” Axis said in its report.

Disclaimer:

This article is for informational purposes only. The recommendations are those of Axis Securities. Investors are advised to consult certified financial advisors before making investment decisions.