Hot Picks Alert! SBI, Airtel Among 8 Stocks Poised for a 20% Surge—Are You In?

Investor optimism is surging as heavyweight stocks like State Bank of India (SBI) and Bharti Airtel headline a list of eight companies recently upgraded by leading brokerages, with analysts projecting up to 20% upside in the coming months. The upgrades reflect robust fundamentals, sectoral tailwinds, and strong quarterly performances that are catching the market’s attention.

 

Key Highlights:

 

Bharti Airtel has seen its target price raised by multiple brokerages, now averaging ₹1,847, suggesting a 6% upside from current levels. The telecom giant’s strong ARPU growth, margin expansion, and consistent subscriber additions have kept analysts bullish. Foreign institutional investors have also increased their stake, reinforcing confidence in Airtel’s growth trajectory.

 

State Bank of India (SBI) remains a top pick for many analysts, buoyed by strong asset quality, healthy credit growth, and declining credit costs. While margin pressures persist, SBI’s robust loan book and improving profitability metrics have led to renewed buy recommendations.

 

Other notable upgrades include Hindalco Industries (target price ₹745, 24% upside), DLF (₹930, 42% upside), LT Foods (₹455, 29% upside), Manappuram Finance (₹239, 3% upside), and CreditAccess Grameen (₹1,409, 40% upside). These upgrades are driven by sector-specific catalysts, improved earnings visibility, and positive management commentary.

 

The upbeat outlook is further supported by technical indicators and recent price momentum, with several of these stocks outperforming their peers over the past quarter.

 

With analysts seeing double-digit returns and institutional interest rising, these upgraded stocks are firmly on the radar for investors seeking growth opportunities in 2025.

 

Sources: Economic Times, INDmoney, NDTV Profit