Angel One Identifies 8 Stocks for Samvat 2083 Portfolio
As investors transition into Samvat 2083, brokerage firm Angel One has highlighted eight specific stocks that it suggests offer potential for growth amidst current global uncertainties and shifting market expectations. The firm emphasizes that wealth creation in the current economic climate requires a selective approach, focusing on businesses capable of delivering consistent earnings rather than relying on broad market trends.
Among the financial sector picks, ICICI Bank is noted for its status as India's second-largest private-sector lender. With a market capitalization of approximately Rs 10 lakh crore, the bank maintains a significant retail, SME, and corporate franchise. Angel One has established a target price of Rs 1,800 for the stock, representing a 14.5% upside from current levels.
Northern Arc is also featured, with a target price of Rs 330 per share, indicating a 16% upside. Analysts project the company’s lending assets under management (AUM) to grow by 20% annually, reaching Rs 28,600 crore by FY29E. The firm anticipates that direct-to-customer lending will help lift net interest margins (NIM) toward 10%.
In the industrial and manufacturing space, Aarti Pharmalabs is projected to have a 25% upside with a target price of Rs 1,160. The company holds a 15–20% global market share in xanthine derivatives and maintains backward integration that reduces reliance on Chinese imports. Meanwhile, Shanti Gold International carries the highest projected upside in the group at 50%, with a target price of Rs 410. Growth is expected to be driven by new capacity in Marol and Jaipur, supporting a forecast of 50–60% revenue growth by FY27.
Other companies identified by the brokerage include Ratnaveer Precision Engineering, which has a target price of Rs 400 and a 10% projected upside, contingent on the ramp-up of its Copper Clad Laminate project. Engineers India is also set at a target price of Rs 320, a 10% upside, supported by an order book of Rs 14,424 crore. Finally, Apollo Micro Systems, with a target price of Rs 475 and a 15% upside, is noted for its record order book of Rs 1,765 crore and its strategic shift into defense explosives and integrated weapon systems.
For investors, these recommendations serve as a reminder that market volatility often shifts the focus toward company-specific fundamentals rather than general index performance. While these targets represent the brokerage's outlook, market participants should independently assess these projections against their own risk tolerance and long-term financial goals.
Why it matters
Understanding brokerage-led stock picks helps investors identify specific sectors and companies that analysts believe are positioned for growth despite broader macroeconomic volatility.
FAQ
Which stock has the highest projected upside according to Angel One?
Shanti Gold International has the highest projected upside at 50%, with a target price of Rs 410.
What is the primary growth driver for Engineers India?
Analysts expect earnings compounding as the company's revenue mix shifts toward higher-margin consultancy, supported by a Rs 14,424 crore order book.
What is the target price for ICICI Bank?
Angel One has set a target price of Rs 1,800 for ICICI Bank.
Source: Economic Times Markets. See the original source for full details.
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