Stock Picks For 2025: Brokerage Shares List, Target Prices - Details

Indian markets ended 2024 on a positive note, with the Nifty gaining approximately 10% YTD. The benchmark index touched an all-time high of 26,277 in September, supported by robust corporate earnings, strong domestic inflows, and a resilient macro environment. However, momentum slowed in the latter half of the year due to national elections, regulatory constraints, and seasonal disruptions.

Despite turbulence driven by record foreign institutional investor (FII) selling, BJP victories in state elections and a 50 bps CRR cut by the RBI spurred renewed optimism. India retained its status as the fastest-growing major economy, and this growth trajectory is expected to continue into 2025, supported by easing inflation, anticipated RBI rate cuts, and potential Foreign Trade Agreements with the UK and Oman.

Top Stocks to Buy in 2025
As the global and Indian markets gear up for a dynamic 2025, BP Wealth has recommended the following five stocks as top picks for investors:

1. Ambuja Cements Ltd
Buying Range: Rs 537 - Rs 559
Target Price: Rs 654

Part of the Adani Group , Ambuja Cements is a leading cement manufacturer in India with 22 integrated units. The company aims to enhance its capacity to 140 million tons by FY28, supported by strategic acquisitions of stakes in Sanghi, Penna, and Orient Cement.

With infrastructure demand bolstered by initiatives like the Pradhan Mantri Awas Yojana and an expected 4-5% industry growth in FY25, Ambuja is well-positioned for success. Its debt-free status and cash reserves of Rs 10,135 crores further strengthen its prospects.

‘On the valuation front, we value the stock at a PE of 47x FY25E earnings to arrive at a target price of Rs.654 per share, offering a 20% upside from the current market price,’ as mentioned in the report by BP Wealth

2. Bajaj Finance Ltd
Buying Range: Rs 6,792 - Rs 7,020
Target Price: Rs 8,050

Bajaj Finance, a diversified NBFC, offers products ranging from two-wheeler loans to housing finance. While the company faced elevated credit costs in H1FY25 due to stress in rural B2C and SME segments, management remains optimistic about normalization in the medium to long term.

With an expected 25% AUM CAGR over the medium-long term, Bajaj Finance aims to strengthen its portfolio and maintain steady profitability. At current levels, the stock offers a 17% upside.

‘We recommended a Buy rating on the stock and a target price of Rs. 8050 (which represents a 17% upside from current levels). At CMP, the stock trades at 4.4x/ 3.7x its FY2025E/ FY2026E BV. This recommendation comes with a 12-month investment horizon,’ as mentioned in the report.

3. Hero MotoCorp Ltd
Buying Range: Rs 4,125 - Rs 4,290
Target Price: Rs 5,081

Hero MotoCorp is at an inflexion point, driven by a revitalized product portfolio and favourable macros. The company’s leadership in both urban and rural markets, coupled with its focus on premium and EV segments, positions it as a standout in the auto sector.
With eight manufacturing units, Hero MotoCorp has sufficient capacity to meet growing demand for the next 3-5 years. The stock offers a 21% upside based on FY25E earnings.

4. State Bank of India (SBI)
Buying Range: Rs 775 - Rs 810
Target Price: Rs 940

SBI’s consistent performance across key financial metrics and robust asset base makes it a reliable pick. Management has guided 14-16% credit growth for FY25 and expects stabilizing costs of funds to sustain margins.
With a strong growth trajectory and well-managed credit risk, SBI is poised for a 19% upside based on FY25E book value.

5. Sunteck Realty Ltd
Buying Range: Rs 490 - Rs 510
Target Price: Rs 602

Sunteck Realty’s premium brand position is backed by on-time project delivery and quality execution. With key projects like Sunteck Ultra World in Naigaon and a Bandra Bandstand redevelopment, the company aims to expand its GDV to Rs 520 billion by FY27.

The stock offers a 20% upside, supported by a strong track record and ambitious expansion plans.

‘Based on these positives, we assign a “BUY” rating with an investment horizon of 12 months. Using a P/E multiple of 23x FY26E earnings, we have set a target price of Rs. 602 per share, offering a 20% upside from the current market price.’ as mentioned by the brokerage.

As 2025 begins, these stocks represent promising opportunities for investors seeking high returns. 

Also Read: Stock Picks For 2025: Axis Securities Bets On These Companies - See Target Prices | Republic Business