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Maruti Suzuki India, Fiem Industries, Axis Bank, IIFL Finance, L&T Finance, Apollo Hospitals, Lloyds Metals & Energy, Ratnamani Metals & Tubes, Brainbees Solutions, Anant Raj, Eureka Forbes, Astral are the 12 names that feature in JM Financial's list of Diwali stock picks for Samvat 2082. The brokerage sees an upside potential of up to 31% for these stocks. Here's a look at these names:

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Maruti Suzuki India | JM Financial sees a 16% potential upside on India's largest passenger car manufacture with a price target of ₹19,000 per share. The stock is its top pick in the auto segment. It expects the company's revenue and net profit to grow at a Compounded Annual Growth Rate of 18% and 23% respectively over financial year 2025-2027.

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Fiem Industries | JM Financia

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