Anil Singhvi’s last year Diwali portfolio outperforms—3 stocks deliver up to 27% in Samvat 2081

Diwali Stock Picks: As the festive season approaches, Zee Business Managing Editor Anil Singhvi’s Diwali 2024 stock picks have once again highlighted the strength of long-term investing. Among his recommendations, Larsen & Toubro (L&T), HDFC Bank, and Sequent Scientific have delivered solid returns over the past year.

L&T Share

Engineering and construction major Larsen & Toubro (L&T), recommended at Rs 3,530, was given a price target of Rs 4,500–5,000. The stock has since risen to Rs 3,861, marking a 9.4 per cent return, and touched a high of Rs 3,963, up 12.3 per cent from the recommendation level.

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HDFC Bank Share

HDFC Bank, adjusted for a 1:1 bonus issue, was recommended at Rs 868 with a target of Rs 1,900–2,200. The stock now trades near Rs 1,000, yielding a 15.2 per cent return, and hit a high of Rs 1,016, up 17.1 per cent from last Diwali.

Sequent Scientific Share

Animal health company Sequent Scientific, recommended at Rs 182, has gained 14.8 per cent with the current price at Rs 209. The stock touched a high of Rs 231, delivering a 26.9 per cent upside since recommendation.

Anil Singhvi Diwali 2025 Pick

For Diwali 2025, market veteran Anil Singhvi has picked IIFL Finance Ltd as a top festive stock, projecting up to 81 per cent returns over 1-3 years with targets of Rs 625, Rs 750, and Rs 900 versus the current Rs 497. Singhvi highlights the company’s strong gold loan portfolio, improving business mix, and visible earnings recovery. Its diversified lending across gold, housing, and SME segments supports balance-sheet stability. Rising gold prices, growing demand for secured retail loans, and controlled credit costs are expected to sustain earnings momentum, making IIFL a key pick for long-term investors.

Singhvi advises investors to follow a gradual accumulation approach for IIFL Finance, rather than lump-sum buying. He suggests adding to holdings each time the stock dips around 15 per cent, turning market corrections into buying opportunities.