Adani Enterprises To NTPC: Nifty Stocks That Can Rally The Most In 2025

Indian investors gear up for a new year of trading with new ideas to capitalise on the booming stock market even as domestic and geo-political woes continue to rage on.

Stocks like Adani Enterprises Ltd., IndusInd Bank Ltd. and Tata Motors Ltd. are among those with the highest return potential in a 12-month period, according to Bloomberg's average analyst consensus. These stocks are among blue chips that are also witnessing a correction in the second half of the year.

Jefferies, in its outlook, sees Nifty 50 to scale 26,600 by December 2025. The earnings per share is expected to grow by 13% in fiscal 2026 and calendar year 2025, it added. The investment upcycle should go on for another four to five years, according to equity analysts at Jefferies said.

The benchmark NSE Nifty 50 extends its yearly run for the ninth year in a row and is on track to close with a gain of 9.3%, compared to 20% in 2023.

The Nifty 50 index saw a mixed performance this year, with some stocks surpassing analysts’ expectations and others falling below predictions. Forty-four companies out of the 50-stock index exceeded analyst estimates when India’s benchmark index closed at a record high on Sept. 27.

Trent Ltd. has been the top performer in 2024 so far with a rally of 130% followed by Mahindra & Mahindra Ltd. and Bharat Electronics Ltd. Meanwhile, IndusInd Bank, Asian Paints Ltd. and Nestle India Ltd. are among the top losers this year.

HSBC Global Research has cut the 2025 year-end target of India benchmark gauge—BSE Sensex—as risks of earnings downgrades amid high valuations weigh on the global brokerage.

The target for BSE Sensex was cut to 90,520 from 1,00,080 for the end of 2025, implying a 15% upside from the current level, HSBC said in a note on Nov. 19.

Here are the top picks for 2025 with the highest 12-month upside as per Bloomberg's average analyst consensus.

Three analysts tracking the Adani Group flagship have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 78%.

The stock has fallen 16% during the last 12 months. The counter is currently recovering from a plunge after the alleged $250 million bribery scheme by the US authorities.

Among 49 analysts tracking the lender, 37 have a 'buy' rating on the stock, 11 suggest a 'hold' and two have a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 54%.

The bank's shares have fallen 40% during the last 12 months. The hammering of the IndusInd Bank's stock was a result of moderation in loan growth and declining net interest margin.

Among 36 analysts, 33 have a 'buy' rating on the stock, and three suggest a 'hold', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 42%.

The insurance company's shares have risen by merely a 0.87% during the last 12 months. SBI Life's net profit rose 39.3% year-on-year in the July-September quarter, but missed analysts' estimates.

Seventeen out of the 18 analysts tracking the lender have a 'buy' rating on the stock, and one has a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 39%.

The stock of the Adani Group company has risen by 20% in the last 12 months. The scrip is also recovering from a plunge after the alleged $250 million bribery scheme by the US authorities

Twenty out of the 25 analysts tracking the lender have a 'buy' rating on the stock, three suggest a 'hold' and two have a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 38%.

The stock has risen by 6% in the last 12 months. State-owned CIL reported a 22% drop in consolidated profit at Rs 6,274.8 crore for the quarter ended Sept. 30, 2024 on the back of lower sales.