
Domestic brokerage firm InCred Equities has reshuffled its high-conviction stock list, adding three new names while dropping an equal number from diverse sectors. The move comes amid a festive demand surge in October 2025, bolstered by the recent GST rate cut, which helped drive peak retail sales across key consumer categories such as automobiles and electronics. GST collections rose 5% year-on-year, reflecting robust consumption trends. Meanwhile, new project proposals also saw a sharp rebound, doubling month-on-month to Rs 3.1 trillion in October and extending the steady recovery from the July 2025 lows. Here’s a look at the latest inclusions and exits. Stock Reshuffle