Leading brokerage firm Mirae Asset Sharekhan has announced its highly anticipated Diwali 2026 (Samvat 2083) stock picks, identifying a diverse portfolio across large-cap, mid-cap, and small-cap segments. The selections aim to capitalize on potential market growth ahead of the festive season.
Large-Cap Selections and Targets
Among the prominent large-cap recommendations are:
- Bharti Airtel: Targeted at Rs 2,350, suggesting a 21% potential upside.
- ICICI Bank: With a price target of Rs 1,750, indicating a 27% potential upside.
- Larsen & Toubro (L&T): Set for a target of Rs 4,700, projecting a 24% potential upside.
- Titan Company: Aims for Rs 5,287, representing a 22% potential upside.
- UltraTech Cement: Forecasted to reach Rs 13,500, also signaling a 22% potential upside.
Mid-Cap Opportunities
Mirae Asset Sharekhan’s mid-cap picks include:
- Indian Hotels Company Ltd (IHCL): Price target of Rs 928, for a 15% potential upside.
- Navin Fluorine International: Targeted at Rs 9,500, with a 12% potential upside.
- Welspun Corp: Expected to hit Rs 3,150, offering a 24% potential upside.
- Tata Consumer Products: Set for Rs 1,197, indicating a 20% potential upside.
- Radico Khaitan: With a target of Rs 5,012, suggesting a 21% potential upside.
Small-Cap Highlights, Led by Dee Development
The small-cap segment features several promising companies, with Dee Development Engineers standing out:
- Dee Development Engineers: Holds the highest potential upside among all picks, with a price target of Rs 750, implying a significant 37% gain.
- Karnataka Bank: Targeted at Rs 415, indicating a 33% potential upside.
- Lumax Auto Technologies: Price target of Rs 2,490, projecting a 22% potential upside.
- Sagility: Aiming for Rs 53, with a 17% potential upside.
- VA Tech Wabag: Set for Rs 2,400, also indicating a 33% potential upside.
Disclaimer: This article provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.