5 Stocks To Buy For Long Term: Brokerage sees up to 32% upside — Infosys, Godrej, Emami on the list

Infosys has seen some near-term correction ahead of its Q3 results scheduled for January 14, but the brokerage views the recent weakness as a long-term opportunity. The stock has corrected around 1.25 per cent over the past week and nearly 2 per cent over two weeks, reflecting cautious sentiment around global IT spending and commentary on artificial intelligence-led demand.

Sharekhan expects management commentary on AI adoption, client budgets and FY26 guidance to be key triggers. With the stock now well below its recent highs, long-term investors may find comfort in Infosys’ strong balance sheet, leadership position and deal pipeline. The stock is trading at Rs 1,613, with a target of Rs 1,850, indicating a 15 per cent upside. The 52-week range stands at Rs 1,982 to Rs 1,307.

Godrej Consumer Products operates across home care and personal care categories, with a presence not only in India but also across Indonesia, Africa and the Middle East. According to recent business updates, the company has reported double-digit revenue and volume growth in its standalone business ahead of its Q3 results scheduled for January 23. Home care is expected to post strong growth, while personal care may see moderate improvement.

Sharekhan believes margins are likely to normalise as input costs soften and operating leverage improves. On a consolidated basis, the brokerage expects double-digit growth in both revenue and EBITDA. The stock is currently priced at Rs 1,243, with a target of Rs 1,432, offering a 15 per cent upside. The 52-week high is Rs 1,308 and the low is Rs 980.

Emami is a diversified FMCG player with a strong focus on personal care and healthcare products, backed by well-known brands such as Navratna, BoroPlus, Zandu Balm, Mentho Plus and Kesh King. The company has a wide distribution network spanning over 54 lakh retail outlets, supported by more than 3,400 distributors and a presence in over 70 countries.

Sharekhan expects Emami to benefit from softer input costs, continued distribution expansion and improving rural consumption trends. These factors are likely to support margin expansion and steady revenue growth over the coming quarters. The stock is trading at Rs 516, with a target price of Rs 645, implying a 25 per cent upside. The 52-week high and low stand at Rs 655 and Rs 499 respectively.

Gravita India operates in the recycling space, focusing on lead, aluminium, plastic and rubber recycling, with nearly 88 per cent of revenue coming from lead recycling. The company also undertakes turnkey recycling plant projects, which adds to its revenue visibility. Strong alignment with ESG guidelines and rising demand for recycled materials support its long-term growth outlook.

Sharekhan expects Gravita to benefit from capacity expansion, stable raw material availability and improving operating efficiencies. The stock is trading at Rs 1,726 and carries a target price of Rs 2,273, suggesting an upside of 32 per cent. The 52-week high and low stand at Rs 2,273 and Rs 1,435 respectively, reflecting strong momentum within the small-cap space.

JK Lakshmi Cement is a well-established cement manufacturer with a strong footprint in north and east India and an annual capacity of 18 million tonnes. The company stands to benefit from sustained demand in housing and infrastructure, supported by sector tailwinds and improving regional utilisation levels. Cost-control measures, better operating leverage and a gradual improvement in pricing are expected to support margins over the medium term.

Sharekhan believes the company is well placed to deliver steady earnings growth as capacity utilisation improves. The stock is currently trading at Rs 755, with a target price of Rs 992, implying an upside of 31 per cent. The stock’s 52-week high stands at Rs 1,021, while the low is Rs 661, offering comfort on valuation for long-term investors.