Religare Broking has released the list of Diwali stocks for 2025. Brokerage says that an average increase of up to 27 percent can be seen in these shares. Investors can earn good profits through these shares in Samvat 2082. The list includes 5 names including Reliance Industries, HDFC Life. Let us know what is the target price set by Religare Broking for these shares…
Power Finance Corporation
Religare Broking has given a target price of ₹502 for this stock for the next 12 months. This is 26.6% more than the current price. Diversified growth engine delivering good performance, resilient profitability and stable asset quality are the key reasons to be bullish on this stock. The company expects net profit to grow at a CAGR of 12.3% over FY 2025-2027.
HDFC Life shares can go up to ₹870 per share. This represents a potential upside of 17% from the current price. The continued focus on digital initiatives and diversified distribution drives long-term growth for the company. The brokerage expects an embedded value CAGR of 17% by FY2027. Resilient business models and clear growth drivers support the momentum.
Religare Broking has kept a target price of ₹ 1,600 per share for Reliance Industries shares. This is 16.4% more than the current price. The brokerage says the company’s continued investments in new energy and technology innovation position it well to capitalize on emerging opportunities in the next growth cycle. New energy business is set to become the next engine of value creation. The cash flow from the O2C business will finance a new media powerhouse. The future of Reliance Industries remains strong. The brokerage expects the company’s revenue to grow at 10% and EBITDA at 15.1% CAGR during FY 2025-2027.
This stock may see a rise of up to 14% from the current level. The brokerage has given a target price of ₹327 per share for the stock. The reason behind this is the company’s good AUM (Assets Under Management) and strong capitalization. The brokerage believes that M&M Financial’s growth is linked to the strong market position of its parent company Mahindra & Mahindra. Margin expansion and efficiency boost a company’s profitability. The company is poised for good earnings growth due to better cost efficiency and stable asset quality.
The brokerage has given a target of ₹ 478 per share for this stock. This is 12.4% more than the current price. Religare said that the company’s good performance, strategic expansion through the purchase of Vadraj, clearly indicate good earnings of the company in future.
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