Illuminate Your Portfolio: Nirmal Bang's Top 10 Diwali Stock Picks Poised for Up to 35% Gains by 2025

As the festive season of Diwali approaches, traditionally seen as an auspicious time for new beginnings and investments, the market buzz intensifies around strategic stock picks. For investors looking to make the most of this sentiment and beyond, Nirmal Bang has unveiled its highly anticipated 'Top 10 Diwali Picks' for 2025, offering a compelling roadmap to potentially significant returns.

These meticulously selected stocks, spanning various robust sectors, are projected to deliver an impressive upside of up to 35% by Diwali 2025.

This curated list is designed to help investors identify high-potential opportunities for wealth creation, leveraging expert analysis and fundamental strengths.

Leading the charge is State Bank of India (SBI), a behemoth in the Indian banking sector. Nirmal Bang highlights SBI's robust credit growth, improving asset quality, and strong digital push as key drivers.

The bank's solid fundamentals and market leadership position it as a resilient pick capable of sustained performance in the coming year.

In the dynamic digital space, Zomato finds its place among the top recommendations. Despite recent market volatility, Zomato is recognized for its improving unit economics, expanding user base, and growing market dominance in the food delivery segment.

Its strategic moves and path to profitability make it an attractive prospect for growth-oriented investors.

Hindustan Aeronautics (HAL) makes the list, riding high on India's burgeoning defense sector. With a robust order book and significant government impetus on indigenous defense manufacturing, HAL is well-positioned to capitalize on increased capital expenditure and strategic initiatives, promising steady growth.

Mahindra & Mahindra (M&M) stands out in the automotive and farm equipment sectors.

Its strong market leadership in tractors and utility vehicles, coupled with an innovative product pipeline and focus on electric mobility, ensures its continued growth trajectory and market resilience.

ICICI Bank is another banking giant recommended by Nirmal Bang. Known for its consistent financial performance, healthy retail asset growth, and strong digital penetration, ICICI Bank continues to demonstrate operational efficiency and robust balance sheet management, making it a reliable choice.

Larsen & Toubro (L&T), an infrastructure powerhouse, benefits immensely from India's renewed focus on capital expenditure and infrastructure development.

With significant order inflows across various segments like construction, power, and defense, L&T is poised for substantial growth and project execution prowess.

UltraTech Cement, India's largest cement producer, is expected to gain from the thriving construction and housing sectors.

Increasing demand from government infrastructure projects and a recovering real estate market provide a strong tailwind for the company's volume growth and profitability.

Reliance Industries (RIL), with its vast and diversified empire, remains a perennial favorite. Nirmal Bang points to its continued growth in retail and Jio platforms, along with strong performance in its traditional energy and petrochemical segments.

RIL's strategic investments and expansion plans solidify its long-term potential.

Tata Motors, a leader in both passenger and commercial vehicles, is included for its impressive turnaround story and aggressive push into the electric vehicle (EV) market. Strong performance in both domestic and international markets, coupled with a focus on innovation, positions it for continued success.

Finally, Bharti Airtel rounds off the list, a formidable player in the telecom sector.

With an emphasis on increasing average revenue per user (ARPU), aggressive 5G rollout, and expanding digital services, Bharti Airtel is well-placed to capture the growth opportunities in India's data-hungry market.

This Diwali, consider these carefully vetted recommendations from Nirmal Bang to potentially light up your investment portfolio with significant gains.

As always, thorough personal research and consulting with a financial advisor are recommended before making investment decisions.