Author: Aditya Pareek | EQMint | Market News

As the festive season draws near, investment advisors are turning festive too—this year, brokerage firm Geojit has unveiled 12 “muhurat” stock picks that it believes are well positioned for long-term growth. These recommendations are not about short-term hype but about companies with fundamentals, strategic moats, and growth levers that could resonate well beyond the festival fervour.

In its list, Geojit includes stalwarts such as SBI, Infosys, Maruti, Hindustan Unilever, Axis Bank, UltraTech Cement, Tata Consumer, Hero MotoCorp, Suzlon Energy, Brigade Enterprises, Can Fin Homes, and HG Infra Engineering. Each represents different sectors—banking, IT, auto, FMCG, infrastructure, realty, energy—and together they span the breadth of opportunities in India’s evolving economy.

Below is a deeper look at some of the top names, Geojit’s reasoning, and what investors should weigh before jumping in.

Why These Picks? The Common Threads

Geojit’s methodology focuses on a few common themes:

• Strong brand or moats: Many firms listed already enjoy leadership or scale in their domains.
• Visible growth levers: Whether it’s product innovation, rural demand recovery, or capacity expansion, these companies have identifiable catalysts.
• Reasonable valuation discipline: The brokerage doesn’t chase frothy multiples blindly; it flags stocks where the forward P/E or valuation trend is reasonable relative to peers.
• Sector diversification: The list is spread across industry verticals, helping investors avoid overconcentration in just one theme.

Spotlight Picks & Key Drivers

SBI

As India’s largest public sector bank, SBI is expected to push harder on efficiency, digital banking, and fee income initiatives. Geojit points to efforts in rationalizing operating costs and increasing branch productivity. In addition, the bank’s lending to retail, agriculture, MSME and corporate segments (RAM + corporate) may see steady traction. Government divestment, professional management changes, and a favorable regulatory backdrop add further tailwinds.

Infosys

Infosys is riding the AI and automation wave. Geojit sees the order backlog, particularly in Europe, as a growth anchor. Investments in platforms like Finacle, solutions for insurance clients, and automation tools are helping it land projects with higher stickiness. The brokerage also notes that the stock is trading at a forward P/E below its long term average, and that the company’s share buyback reflects confidence from management.

Maruti Suzuki

Maruti is favored for its dominance in the sub-1,200 cc car segment, wide distribution reach, and ability to benefit from rural recovery. Geojit expects favorable policy shifts (e.g. GST rationalisation) and a pickup in demand as incomes improve. The brokerage expects a healthy earnings growth trajectory over FY25–27, which it believes justifies its valuation.

Hindustan Unilever (HUL)

This FMCG giant is attractive, Geojit says, because of its focus on premiumisation, product innovation, and ability to navigate competitive pressures. Leadership transition is being viewed as an opportunity to reinvigorate strategy. Given likely tailwinds from economy revival, benign inflation, and improving rural demand, HUL figures in the list despite high valuation metrics.

UltraTech Cement

One of the construction and infrastructure plays in the list, UltraTech is expected to benefit from government impetus on housing and infrastructure projects. Geojit highlights its recent acquisitions, expansions, cost rationalisation, and its pan-India presence as strengths. The brokerage also believes that margin improvements and better asset utilization will help sustain growth.

Axis Bank

Geojit includes Axis Bank as one of its top picks in the banking and financial space. The brokerage expects the bank’s loan book to grow steadily, supported by healthy retail and corporate demand. Its improving net interest margin (NIM), strong CASA ratio, and focus on high-quality lending are seen as positives. Axis Bank’s digital initiatives and strong capital adequacy ratio make it well-positioned for sustained profitability.

Tata Consumer Products

Tata Consumer continues to strengthen its brand portfolio across beverages, packaged foods, and health-based products. Geojit highlights its ability to leverage Tata Group synergies and expand in both Indian and global markets. Recent acquisitions and product innovations (like premium teas, coffee, and snacks) are expected to drive revenue growth.

Brigade Enterprises

Brigade Enterprises, a leading real estate developer, features in Geojit’s list for its strong project pipeline and exposure to key southern markets such as Bengaluru, Chennai, and Hyderabad. The company has diversified across residential, commercial, and hospitality segments, providing stability through economic cycles.

Hero MotoCorp

In two-wheeler space, Hero is seen as a resilient pick. With rising penetration of financing, an improved product mix, and cost discipline, the company is expected to outperform. Geojit remarks that recent volume upticks and a competitive valuation compared to peers make it a compelling bet for the long run.

Can Fin Homes

As one of India’s most efficient housing finance companies, Can Fin Homes benefits from strong underwriting standards and a focus on affordable housing. Its asset quality, low NPAs, and stable net interest margin make it a preferred play in the housing finance space. The backing of Canara Bank provides further credibility. With India’s housing market seeing steady recovery and interest rates stabilizing, Geojit anticipates strong loan book expansion and sustained profitability.

Suzlon Energy

This is the more aggressive, thematic bet in the list. With a strong order book (5.7 GW exit order book noted by the brokerage) and momentum in renewables, Suzlon is seen as having visibility into the next few years of revenue and earnings growth. The anticipated CAGR in revenue and expected return on equity (ROE) gains are key to its appeal.

HG Infra Engineering Ltd.

It is a leading infrastructure development company specializing in road, highway, and bridge construction projects across India. Geojit includes it among its Muhurat 2025 picks for its strong order book, efficient project execution, and disciplined financial management. With a growing presence in government-led infrastructure programs like Bharatmala and Gati Shakti, HG Infra is well-positioned to benefit from India’s continued focus on connectivity and capital expenditure. The company’s consistent earnings growth and prudent balance sheet make it a promising long-term play in the infrastructure sector.

What Investors Should Watch

While these “muhurat” picks are curated for the long term, some caveats and checks are essential:

• Valuation discipline matters: Some names in the list, particularly in FMCG or IT, already command premium valuations. Ensure that future earnings support those multiples rather than the reverse.
• Execution risks in mid/small names: Infrastructure, realty and renewables bets tend to carry higher volatility. Timely project execution, regulatory clearances, and working capital management remain key.
• Sector cycles: Many picks depend on cyclical upturns—auto demand, infrastructure spending, credit growth—so macro momentum will be crucial.
• Portfolio balance: Even a list of 12 diversified picks needs to be sized prudently in one’s portfolio. Overweighting any single stock or theme can skew risk.

Final Thoughts

Geojit’s Diwali 2025 picks offer a useful starting point for long-term investors who want exposure to quality stocks across core sectors in India. The list blends stable blue chips with thematic plays, giving investors a mix of safety and growth.

If you’re considering some of these names, map them against your risk appetite, existing portfolio holdings, and investment horizon. These are not quick flips or festive gambles; they are bets on compounding over time.

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of the broking firm, not EQMint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.