9 Stocks To Buy For Long Term: Sharekhan picks stocks for 2026 with up to 33% upside; SBI, Marico, Trent on list

Transport Corporation of India is rated Buy, with the stock trading at Rs 1,100.70 and a target price of Rs 1,350, implying an upside of around 22.6 per cent. Sharekhan said the long-term outlook remains intact, supported by a healthy earnings growth trajectory over the next two to three years. The brokerage remains positive on the company’s steady positioning in the logistics sector.

Zydus Wellness carries a Buy rating, trading at Rs 415.40 with a target price of Rs 552, indicating an upside of about 32.9 per cent. Sharekhan noted that while Q3 performance was mixed, the long-term outlook remains intact. The stock trades at 44x/25x/22x its FY26E/FY27E/FY28E EPS, reflecting improving earnings visibility.

Marico is rated Buy, with the stock trading at Rs 762.60 and a revised target price of Rs 890, implying an upside of around 16.7 per cent. Sharekhan highlighted a steady Q3 performance, with margin recovery expected ahead. The brokerage believes Marico is well-placed to benefit from easing cost pressures and improving consumption demand.

Astral carries a Buy rating, trading at Rs 1,531 with a target price of Rs 1,852, translating into an upside of about 21.0 per cent. Sharekhan said the outlook remains supported by stabilising polymer prices and improving demand trends. The brokerage expects better performance as sector conditions normalise over the coming quarters.

State Bank of India is rated Buy, with the stock trading at Rs 1,142.20 and a revised target price of Rs 1,260, implying an upside of around 10.3 per cent. Sharekhan noted that profit after tax has peaked on strong operational performance. The brokerage remains positive on SBI due to steady loan growth and stable asset quality trends.

Cummins India carries a Buy rating, trading at Rs 4,426 with a target price of Rs 4,950, suggesting an upside of about 11.8 per cent. Sharekhan said the quarter remained muted, but the long-term outlook is positive. The brokerage expects the company to benefit from rising demand across data centres, healthcare, infrastructure, real estate and industrial capex.

JK Lakshmi Cement is rated Buy, with the stock trading at Rs 744 and a target price of Rs 930, implying an upside of around 25.0 per cent. Sharekhan highlighted that capacity expansion plans remain intact, though near-term performance may stay moderate. The brokerage remains constructive on the company’s long-term growth trajectory.

Trent carries a Buy rating, trading at Rs 4,176 with a revised SOTP-based target price of Rs 5,220, translating into an upside of about 25.0 per cent. Sharekhan noted that while revenue moderation continues, margins remain strong. The brokerage remains optimistic on Trent’s long-term retail expansion and execution strength.

Bajaj Finance is rated Buy, with the stock trading at Rs 965.30 and a target price of Rs 1,125, indicating an upside of around 16.5 per cent. Sharekhan said core growth remains steady, though one-offs impacted near-term profit. The brokerage believes the company remains a strong long-term compounder, supported by consistent business expansion and healthy credit demand.