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Stocks To BUY: Market expert Anil Singhvi has recommended ICICI Bank, Bharti Airtel, LG Electronics India, Coforge and Bandhan Bank as long-term investment picks. He advised investors to accumulate quality stocks gradually during market corrections rather than investing in a single tranche.
Based on the current market prices, his target prices suggest potential upside of up to 85 per cent over the next two to three years.
Bharti Airtel is another long-term investment idea recommended by Singhvi. The stock is trading at Rs 1,810.40. He has given target prices of Rs 2,300, Rs 2,500 and Rs 2,750 over the next two years. These targets suggest potential gains of about 27 per cent, 38 per cent and 52 per cent, respectively.
"Bharti Airtel operates in one of the world's largest mobile data markets and has a customer base of more than 370 million. The company has the highest average revenue per user (ARPU) in the industry, and there is still scope for further tariff hikes," Singhvi said.
He added that Airtel is benefiting from business diversification through payments services, data centres and its Africa operations. According to Singhvi, strong free cash flow generation and an improving business outlook make it a relatively lower-risk long-term investment option.
Singhvi has selected LG Electronics India as a play on India's consumption and economic growth story. The stock is currently trading at Rs 1,530.
He has set target prices of Rs 1,800, Rs 2,000 and Rs 2,500. These targets indicate potential upside of about 18 per cent, 31 per cent and 63 per cent, respectively.
Singhvi said the stock has remained under pressure since listing due to supply-related factors, but he expects performance to improve once the overhang eases.
He highlighted the company's leadership position in home appliances and consumer electronics. Singhvi also pointed to revenue growth guidance of 12-15 per cent, EBITDA margin guidance of 10-12 per cent and return on equity of around 34 per cent as key positives.
Singhvi has recommended ICICI Bank for a two-to-three-year investment horizon. The stock is currently trading at Rs 1,221. He has set target prices of Rs 1,500, Rs 1,700 and Rs 2,000. These targets imply potential gains of about 23 per cent, 39 per cent and 64 per cent, respectively, from the current market price.
According to Singhvi, ICICI Bank continues to benefit from strong management, healthy loan growth, improving asset quality and strong performance from its subsidiaries. He said the bank's credit growth has reached around 16 per cent and added that it could emerge as the largest bank by market capitalisation in the coming years.
Singhvi advised investors to accumulate the stock in phases and increase exposure during market declines.
For investors looking at the information technology sector, Singhvi has picked Coforge as his preferred mid-cap stock. The stock is currently trading at Rs 1,442.
He has given target prices of Rs 1,850, Rs 2,100 and Rs 2,500. These targets imply potential gains of about 28 per cent, 46 per cent and 73 per cent, respectively.
Singhvi believes the company could benefit from a recovery in the banking, financial services and insurance (BFSI) segment in FY27 and has a strong order pipeline.
He said Coforge is trading at attractive valuations compared with some peers and has a positive earnings outlook. Investments in artificial intelligence and consistent profit growth are additional factors supporting the long-term investment case.
Bandhan Bank is Singhvi's turnaround investment idea among the five stocks. The stock is currently trading at Rs 202.41.
He has set target prices of Rs 270, Rs 325 and Rs 375. These targets suggest potential gains of about 33 per cent, 61 per cent and 85 per cent, respectively.
"Bandhan Bank is preparing for a turnaround and a possible re-rating. The bank has reduced its dependence on microfinance and is increasing its focus on housing loans, MSME loans, secured retail lending, gold loans and vehicle finance," Singhvi said.
He added that improving business conditions, better asset quality, lower credit costs and stronger profitability could support earnings growth over the next few years.
Singhvi described Bandhan Bank as a high-risk, high-return investment idea. He said investors may need patience as the market could wait for a few quarters of improved performance before re-rating the stock.
Among Singhvi's five recommendations, Bandhan Bank offers the highest potential upside of about 85 per cent based on his highest target price. Coforge follows with a potential upside of around 73 per cent, while ICICI Bank and LG Electronics India could deliver gains of more than 60 per cent.
Bharti Airtel offers potential upside of about 52 per cent and is positioned as a relatively lower-risk long-term investment option.