Diwali stocks to buy! 8 stocks with upside potential of up to 52%

Samvat 2082 proved challenging for Indian equities, marked by heightened volatility, intermittent recoveries and a significant correction in benchmark indices. Over the next 12 months, the sustainability and breadth of corporate earnings growth are likely to be the key drivers of equity market returns. Here are 9 stocks Axis Direct is bullish on this Diwali.ITC Ltd. has a target price of Rs 360 against its current market price (CMP) of Rs 259, indicating an upside potential of 39%. The stock carries a BUY recommendation. Bullish bets

Nov 2, 2026 - 08:00
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Diwali stocks to buy! 8 stocks with upside potential of up to 52%
Samvat 2082 proved challenging for Indian equities, marked by heightened volatility, intermittent recoveries and a significant correction in benchmark indices. Over the next 12 months, the sustainability and breadth of corporate earnings growth are likely to be the key drivers of equity market returns. Here are 9 stocks Axis Direct is bullish on this Diwali.ITC Ltd. has a target price of Rs 360 against its current market price (CMP) of Rs 259, indicating an upside potential of 39%. The stock carries a BUY recommendation. Bullish bets

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