Diwali 2025 Picks: BSE, SBI, NBCC, NMDC, Paytm, Inox Green, Hero MotoCorp and 5 more by Axis Direct

Diwai 2025 Picks: BSE, SBI, NBCC, NMDC, Paytm, Inox Green, Hero MotoCorp and more (Pic: ET NOW)

Diwali 2025 Picks , Diwali 2025 Stocks To Buy: Leading brokerage firm Axis Direct has recommended 12 stocks to buy on the occasion of Diwali 2025 ( Muhurat Trading 2025 ). The top picks for Diwali are: Aditya Birla Capital, BSE Ltd, Hero MoroCorp, India Nippon Electricals, Inox Green Energy Services, Laurus Labs, MTAR Technologies, NBCC (India), NMDC, Paytm, SBI and Syrma SGS Technology.

Axis Direct said that the stocks recommended for Diwali have potential to yield up to 56 per cet returns. Let's take a look target price of the stocks below (CMP as on Oct 10, 2025):

Aditya Birla Capital Share Price Target

On the quarterly chart, Aditya Birla Capital has registered a decisive breakout above multiple resistance zones around Rs 250, backed by a strong bullish candle. The stock continues to form higher highs and higher lows, while sustaining above its upward-sloping trendline, underscoring a positive medium-term bias. The breakout is supported by a notable surge in volumes, reflecting robust buying interest and adding conviction to the uptrend.

Axis Direct has set a target price of Rs 340-375 on Aditya Birla Capital shares. CMP: Rs 294. BUY range: Rs 270-250. Upside 31-44%

Axis Direct said that BSE is consistently trending higher within a well-defined rising parallel channel on the monthly chart. This signifies a robust and sustained uptrend. The lower trendline of this channel has consistently served as a strong support zone, effectively absorbing selling pressure during corrective phases. BSE stock has formed a strong bullish candlestick on the monthly chart, signalling increased buying interest at the lower band of the channel.

Axis Direct has set a target price of Rs 2650-2885 on BSE shares. CMP: Rs 2385. BUY range: Rs 2280-2170. Upside 19-30%

Hero MotoCorp Share Price Target

On the monthly chart, Hero MotoCorp broke out above a medium-term downward sloping trendline at Rs 3,300 in November 2023 and rallied up to Rs 6,246, followed by a healthy throwback to the breakout level. The subsequent sharp rebound from this trendline confirmed the validity of the breakout and signalled the continuation of the post-breakout uptrend. The stock is trading within a rising channel and, after finding support at the lower band, is set to move toward the upper band.

Axis Direct has set a target price of Rs 6300-7265 on Hero MotoCorp shares. CMP: Rs 5500. BUY range: Rs 5180-4970. Upside 24-43%

India Nippon Electricals Share Price Target

On the yearly chart, India Nippon Electricals has been trending within a medium-term rising channel since 2008, reflecting a sustained structural uptrend. Recently, the stock took support at the lower band of the channel and bounced back sharply, now heading towards the upper band. The stock is well-positioned to sustain its long-term uptrend, following a decisive breakout after eight years of extensive consolidation, signalling strong potential for future growth.

Axis Direct has set a target price of Rs 1255-1455 on India Nippon Electricals shares. CMP: Rs 1001. BUY range: Rs 970-890. Upside 35-56%

Inox Green Energy Share Price Target

Inox Green Energy, on the monthly chart, has broken out of a broad consolidation zone between Rs 215 and Rs 110, signalling a resumption of the medium-term uptrend. The stock found support near the 61.8% Fibonacci retracement of the rally from Rs 38 to Rs 225, around Rs 110, and bounced back strongly, forming a solid medium-term support base. A recent bullish crossover on the MACD above the zero line supports the bullish view, indicating strengthening medium-term momentum in alignment with the long-term trend, thereby reinforcing the breakout.

Axis Direct has set a target price of Rs 260-285 on Inox Green Energy shares. CMP: Rs 234. BUY range: Rs 210-195. Upside 28-41%

Laurus Labs Share Price Target

Laurus Labs had been consolidating in a rounded bottom pattern on the quarterly chart, and in September 2025, it broke out above this formation, signalling a continuation of the uptrend. The stock is well-positioned to sustain its long-term uptrend following a decisive breakout after four years of extensive consolidation, indicating strong potential for future growth. On the monthly chart, the stock is forming a higher high–higher low structure, reflecting robust medium-term momentum.

Axis Direct has set a target price of Rs 1030-1115 on Laurus Labs shares. CMP: Rs 877. BUY range: Rs 785-735. Upside 36-47%

MTAR Technologies Share Price Target

On the monthly chart, MTAR Technologies broke out above a falling channel that had been in place since its all-time high, with a strong bullish candle in September 2025, marking the onset of a medium-term uptrend. This breakout was preceded by the formation of a strong support base in the Rs 1,200–1,250 zone, which was successfully defended multiple times, notably in May 2022 and early 2025, establishing a robust demand zone from which the current reversal emerged.

Axis Direct has set a target price of Rs 2155-2380 on MTAR Technologies shares. CMP: Rs 1881. BUY range: Rs 1815-1695. Upside 23-36%

Axis Direct said that NBCC has registered a decisive breakout on the yearly chart from a classic "Rounding Bottom" formation, pushing firmly above the neckline resistance with a bullish candle. The stock is now establishing a clear pattern of higher highs and higher lows above the breakout level, indicating a strong shift in trend and a positive short-to-medium term bias. The breakout is substantiated by a notable increase in trading volumes, which have been trending upwards. This reflects aggressive buying participation and adds strong conviction to the bullish outlook.

Axis Direct has set a target price of Rs 130-145 on NBCC shares. CMP: Rs 113. BUY range: Rs 105-95. Upside 30-45%

On the monthly and quarterly charts, NMDC Limited is trending higher, forming a series of higher tops and bottoms, which denotes a strong uptrend. Multiple resistance zone breakout around Rs 55 levels supported by a significant volume rise, which signals increased participation. Following the breakout, the stock successfully retested the prior resistance zone, which has now turned into a strong support base, further validating the bullish trend.

Axis Direct has set a target price of Rs 90-105 on NBCC shares. CMP: Rs 77. BUY range: Rs 75-70. Upside 24-45%

Axis Direct has also recommended buying Paytm shares on the occasion of Diwali. On the quarterly chart, Paytm has been consolidating since June 2022 within Rs 1,020-400 levels. However, with the previous quarter’s price action, the stock has decisively surpassed the “multiple resistance” zones at the Rs 1,030 on a closing basis. This price action suggests the completion of a long-term base formation, with the previous resistance zone around Rs 1,030 now expected to act as a crucial support level. This bullish view is confirmed by the MACD indicator, which has registered a positive crossover above its zero line, signalling a significant shift in momentum to the upside.

Axis Direct has set a target price of Rs 1310-1505 on Paytm shares. CMP: Rs 1237. BUY range: Rs 1150-1050. Upside 19-37%

Axis Direct said that SBI is trending within the “up-sloping channel” on monthly chart, indicating a sustained strong uptrend. On the monthly chart, SBI has broken out above a downward-sloping trendline at the 833 level on a closing basis, signalling a potential resumption of the primary uptrend. This breakout was accompanied by rising volumes, which specify the increased participation. The monthly RSI is also showing a clear shift towards bullish momentum, as it continues to hold above its reference line, further reinforcing the positive outlook.

Axis Direct has set a target price of Rs 940-1035 on SBI shares. CMP: Rs 881. BUY range: Rs 840-815. Upside 14-15%

Syrma SGS Technology Share Price Target

On the quarterly chart, Syrma SGS Technology broke out above a horizontal consolidation zone that had persisted for the past eight quarters, with a strong bullish candle in September 2025, signalling the start of a medium-term uptrend. The breakout occurred in the Rs 670–700 zone on strong volumes, turning the prior resistance into a key support level on any corrective dips. Additionally, the monthly RSI continues to hold above its reference line, confirming a clear shift towards bullish momentum, reinforcing the positive outlook.

Axis Direct has set a target price of Rs 985-1080 on Syrma SGS Technology shares. CMP: Rs 844. BUY range: Rs 760-700. Upside 35-48%

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)