Jefferies, Citi, Goldman Sachs, JP Morgan, and UBS have released their top stock picks for November—spanning pharma, infrastructure, FMCG, banking, and real estate. Many of these stocks are backed by strong earnings visibility and improving margins, with analysts projecting double-digit growth through FY26 and FY27.

Among the key picks: Advertisement

Cipla (Target: ₹1,800, Citi): With a strong outlook in non-US markets and India sales recovery, Citi expects margin expansion. The stock trades at ₹1,501.

ITC (Target: ₹535, Jefferies): Backed by 6% cigarette volume growth and 7% FMCG expansion, Jefferies sees room for upside from its current ₹419 level.

Swiggy (Target: ₹580, UBS): UBS notes strong Q2 results and a promising quick commerce expansion via Instamart. CMP: ₹409.

Navin Fluor

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