Daijiworld Media Network - Mumbai

Mumbai, Oct 22: As Samvat 2082 begins, brokerages have shared their stock recommendations for the next 12 months, highlighting companies expected to perform strongly.

HDFC Bank leads the list, backed by Samco Securities, SBI Securities, and ICICI Direct. Analysts are confident the bank has returned to a growth phase following its post-merger consolidation. Strong September-quarter results and sustained loan growth could see it outperform industry averages from FY27 onward, with margin pressures from recent rate cuts expected to be offset by lower funding costs and a higher share of granular deposits.

Larsen & Toubro (L&T) is another top pick, described as a “quiet outperformer” by Jefferies, which raised its target price to Rs 4,345. Brokerages such as

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