7 largecap, 2 midcap, 1 smallcap scrips analysts like for long term including 1 high-conviction pick; note down targets for investment portfolio
Stocks to Buy for Long Term: Sensex and Nifty50 have broken a chain of records, with the 50-scrip index sustaining above the psychologically important 26,000 mark. Investors are once again scouting for buying opportunities to add to their long-term portfolios. Here's a list of a few stocks that analysts at various brokerages are banking on across the largecap, midcap, and smallcap segments.
Stocks to Buy for Long Term: Domestic equity benchmarks have scaled a series of highs amid broad-based buying led by financial stocks, especially private lenders, along with consumer durables and realty shares. Sensex and Nifty50 have crossed unprecedented levels past the 85,500 and 26,000 marks, respectively, and counting. With the market at a fresh peak, investors are once again on the lookout for promising long-term themes and stocks for their portfolios.
Here's a list of some of the stocks that analysts at various brokerages like from a long-term perspective, spanning the largecap, midcap, and smallcap segments.
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Long-term Stock Idea | Marico | Largecap
Within the staples sector, HDFC Securities has a high-conviction 'buy' call on Marico with a target price of Rs 775. As of Thursday, September 26, the target price implies an upside of almost 12 per cent in the stock.
The brokerage values Marico at a December 2026-end earnings per share (EPS) multiple of 50 times, marking a 20 per cent premium to its 5-year price-to-earnings (P/E) average.
Long-term Stock Idea | Piramal Pharma (PPLPHARMA) | Smallcap
MOFSL has a 'buy' call on Piramal Pharma with a target price of Rs 260.
The target implies a potential upside of 14.9 per cent in the stock from its September 26 level.
Long-term Stock Idea | Aarti Industries (AARTIIND) | Largecap
Emkay has a 'buy' call assigned to Aarti Industries with a target price of Rs 675, which suggests a potential upside of 16 per cent as of September 26.
Long-term Stock Idea | Bajaj Finance (BAJFINANCE) | Largecap
Sharekhan has a 'buy' rating on Bajaj Finance with a target price of Rs 9,940.
Long-term Stock Idea | Affle India | Largecap
Sharekhan has a 'buy' call on Affle India shares with a target price of Rs 1,820.
Long-term Stock Idea | Infosys (INFY) | Largecap
HDFC Securities has an 'add' rating assigned to Infosys with a target price of Rs 2,010.
The brokerage expects the IT giant to outperform its peers in the July-September 2024 period, with an upside risk to its FY25 guidance of 3-4 per cent.
HDFC Securities' estimates stand slightly above the upper end of that range.
Long-term Stock Idea | Gravita India | Midcap
Motilal Oswal Financial Services Ltd (MOFSL) has a 'buy' rating assigned to Gravita India with a target price of Rs 2,900.
MOFSL's target price implies an upside of 15 per cent in the stock, as of September 26.
Long-term Stock Idea | Bajaj Finserv (BAJAJFINSV) | Largecap
Sharekhan has a 'buy' rating on the Bajaj Finserv stock with a target price of Rs 2,350, which implies an upside of 18.5 per cent from its September 26 close. The brokerage has a healthy outlook on the holding company's subsidiaries.
Long-term Stock Idea | Birla Corporation (BIRLACORPN) | Midcap
HDFC Securities has a 'buy' rating assigned to Birla Corp with a target price of Rs 1,685.
The target implies an upside of 34.6 per cent in the stock, as of September 26.
Birla Corp's expansion plans in the country's central region are on track and its management is confident of achieving 25 million MT capacity by the end of FY27, according to the brokerage.
Long-term Stock Idea | Prestige Estates Projects | Largecap
HDFC Securities has a 'buy' rating on Prestige Estates Projects with a target price of Rs 2,060. The target suggests an upside of 12.8 per cent, as of September 26.
The realty developer remains committed to launching strategic projects and expanding its land bank to fuel future growth opportunities, and continues to broaden its geographical reach and strengthen its presence in new markets, according to the brokerage.