Top Picks For 2025: HPCL To Paytm — Axis Securities Recommends These 12 Stocks To Buy This New Year

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.HPCL - Current market price: 406 / Rec. Price: 390-370 / Target: 485-544 / Upside: 28%-43% Technical OutlookSince 2017, the stock has consolidated within the 300-130 range. However, the strong upmove in 2024 propelled it past the “multiple resistance” at 300 levels on the yearly chart, signalling a robust bullish trend.The quarterly price formation confirms a “rounding bottom,” reinforcing positive bias, while a yearly Bollinger Band buy signal indicates growing momentum. Rising volumes over the past 2-3 years highlight increasing market participation, further supporting the bullish outlook. We project the stock to extend its uptrend from current levels, targeting 2300-2500 in the coming quarters.Fundamental OutlookHindustan Petroleum Corporation Ltd. is a major player in India's oil and gas industry, refining, marketing petroleum products, and managing E&P blocks. The company operates large refineries in Mumbai, Visakhapatnam, and Bathinda, with a total refining capacity of ~34.5 metric million tonnes per annum, expanding to 45.3 mmtpa by FY28.HPCL holds a 12.5% share in India’s refining capacity and a 19.4% market share in petroleum products. Revenue is driven by high-speed diesel (51%), motor spirit (26%), and LPG (13%). The company invests in network expansion and capex of Rs 74,000 crores across renewable energy, petroleum, and gas. HPCL's subsidiaries, including HPCL Mittal Energy Ltd and Mangalore Refinery and Petrochemicals Ltd., support its growth while diversifying into petrochemicals, LNG, retail chains, hydrogen, and fuel cells..Paytm - CMP: 1019 / Rec. Price: 940-855 / Target: 1150-1265 / Upside: 28%-41%Technical OutlookOn the quarterly chart, the One 97 Communications Ltd. has decisively broken out of a four-year downsloping trendline, signalling a major trend reversal.Additionally, a "Morning Star" reversal pattern highlights bullish sentiment. The stock has also surpassed the key resistance zone of 880-900 on a closing basis.With rising volumes indicating strong participation, we expect the stock to resume its upward momentum and move toward 1150-1265 in the coming quarters.Fundamental OutlookPaytm is a fintech company founded by Vijay Shekhar Sharma in 2010 and headquartered in Noida, Uttar Pradesh. It offers a range of digital services and aggregates financial products in India. Paytm's services include digital payments, microcredit, Buy Now Pay Later, UPI payment platforms, and Soundbox. The company's long-term growth prospects are bolstered by cross-selling opportunities within its merchant business, new collaborations in the payments segment, and efforts to expand its customer base.Paytm's focus on judicious spending on marketing, employee expenses, and enhanced efficiency through automation is expected to improve margins. With strong consumer and merchant engagement, Paytm is well-positioned to tap into scalable markets, particularly in the mobile credit segment..Click on the attachment to read the full report:.Top Stock Pick For 2025: JSW Energy Is A 'Buy' For Motilal Oswal; Execution, PPA Visibility Higher Than Peers .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.

Top Picks For 2025: HPCL To Paytm — Axis Securities Recommends These 12 Stocks To Buy This New Year

Axis Securities lists top investment ideas for the upcoming year, investors can look to invest in these stocks to get upto 46% potential upside.

NDTV Profit

NDTV Profit

Follow Us

DISCOVER US FASTER

DOWNLOAD THE APP