Anil Singhvi's New Year Picks for long term: These 3 stocks can deliver up to 110% return

As we have usered in the New Year 2025 on a positive note on the D-Street and even though the near-term looks weak amid sluggish GDP as well as earnings growth, Zee Business Managing Editor Anil Singhvi has suggested to buy three scrips across sectors that can deliver multibahger returns of up to 110 per cent.

Here are Anil Singhvi's New Year 2025 picks:

Buy Manappuram Finance for a target of Rs 375 (Investment tenure- 1-2 years)

The market wizard is bullish on the non-banking financial company (NBFC) for the base-case targets of Rs 250 and Rs 300, and the bull-case target of Rs 375, implying nearly 100 per cent upside.

Giving his rationale for liking the stock, Singhvi said Manappuram Finance is the leading gold finance company commanding a strong AUM of Rs 45,000 crore. He added that of the total AUM, around 47 per cent of the AUM is contributed by the non-gold business and 24 per cent comes from the MFI business.

Also, he anticipates that the RBI ban on the company's subsidiary Asirvad Micro Finance -whereby the apex lender has asked to cease and desist from sanctioning and disbursal of loan- may be lifted soon.

Furthemore, the analyst is of the view that the stock is trading at attractive valuation, at 1x FY26 book value. 

Moreover, re-rating in the counter is expected on the news flow that promoters are looking to offload their stake to strategic investors including big PE investors. As per news reports, talks for an entire or partial stake sale by promoters to Bain were started in November but currently they are facing some delay.

Investors also kick-start a SIP in the stock on every 15 per cent fall, advises Singhvi.

Buy Ixigo for a target of Rs 350 (Investment tenure- 3 years)

Singhvi is bullish on the travel and tour company- Ixigo for the bull-case target of Rs 350 and base-case targets of Rs 225 and Rs 350 per share. The expert expects the stock to double in 2 years. 

The company engaged in the business of running online platforms for providing information and booking services for the travel industry has strong and professional promoters. Also, Ixigo operating a good business in the train booking segment is offering excellent user experience. According to Singhvi, the company is adding new customers in other businesses as well.

For FY25, the market guru anticipates the company's revenue at Rs 15,000 crore. Furthermore Singhvi believes in comparison to other listed peers, Ixigo is trading at attractive valuations.

Buy Exide Industries for a target of Rs 800 (Investment tenure- 1-2 years)

Anil Singhvi suggests investors to buy this auto ancillary stock as it is the best stock in the EV battery space. Currently, the company is in the process of unveiling EV battery this year. Earlier, last year, Hyunsai and Kia entered into a partnership with Exide Industries for localising EV battery production.

The expert believes the company's margin may improve on the back of falling lead prices. Also, the market wizard expects 40 per cent growth in the company's profitability over the next three years. 

The base-case targets suggested for the stock are Rs 600 and Rs 725, while on the higher side the expert sees the stock touching Rs 800 levels.