Bajaj Finance, Mahanagar Gas, Inox Wind Among Axis Securities Top Picks For January 2026 — Check Full List

Axis Securities has unveiled its top stock picks for January 2026, spotlighting opportunities across large-cap, mid-cap, and small-cap segments..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Axis Securities Report.Axis Securities has unveiled its top stock picks for January 2026, spotlighting opportunities across large-cap, mid-cap, and small-cap segments. The brokerage maintains a constructive view on India’s economic outlook, positioning the country as a resilient growth hub amid global volatility. The brokerage underscores confidence in India’s long-term growth trajectory, supported by a robust economic framework, rising capital expenditure, and a consumption boost from the recent Union Budget and GST 2.0 reforms—factors expected to accelerate credit growth for banks. These tailwinds should drive double-digit earnings growth, enabling Indian equities to deliver strong returns over the next two–thjree years. Axis projects Nifty earnings to grow at a healthy 13% CAGR through FY23–28, with financials emerging as the largest contributors in FY26–27. That said, risks such as trade policy uncertainty, rupee depreciation, and delays in earnings recovery could weigh on near-term valuations. .Mahanagar Gas: current market price: Rs 1,136 / Target price: Rs 1,540/ Upside: 36%Historically, Mahanagar Gas Ltd.’s volume growth of 4.9% CAGR (FY19–24) lagged sector growth due to lower capex. However, the company has scaled up investments significantly, with FY25 capex at Rs 1,000 crore and guidance of Rs 1,100–1,300 crore annually for the next few years. The UEPL acquisition opens large untapped markets, particularly in commercial and industrial PNG segments. Management expects high single-digit to low double-digit volume growth over the next 2–3 years, with our estimates pegging volume CAGR at 9.4% for FY25–28E..Top Stock Picks for January 2026:Large Caps: Bajaj Finance, SBI, HDFC Bank, Bharti Airtel, Avenue Supermarts, Max Healthcare. Mid and Small Caps: Prestige Estates, APL Apollo Tubes, Mahanagar Gas, Ujjivan SFB, Chalet Hotels, Inox Wind, Kirloskar Brothers, Sansera Engineering, Kalpataru Projects..Click on the attachment to read the full report:.Groww Shares In Focus As Motilal Oswal Initiates Coverage With 'Buy' — Do You Own? .DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Bajaj Finance, Mahanagar Gas, Inox Wind Among Axis Securities Top Picks For January 2026 — Check Full List

Axis Securities’ presents high-conviction top stock ideas for strong returns in January 2026, eyes upto 54% upside.

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