Advantage AxisDirect

The year 2019 has been a mixed bag for the capital markets. The corporate tax rate cuts, increased FII’s and easing of business norms have had a positive impact on markets. At the same time, earnings delivery (which had been evasive since last 3-4 years) by India Inc. and the snowball effect of NBFC crisis led to the slowdown in discretionary consumption especially in the auto sector, thus adversely affecting the markets. With 2020 around the corner, we expect it to be a good year for equity investments, especially ‘Mid Caps’, following the aggressive reforms undertaken by the government treading the fiscal prudence path. In order to benefit from the expected shift of focus towards Mid Caps, Axis Securities brings to you a bouquet of handpicked stocks for investment over the next year.

On behalf of all of us at Axis Securities Limited we wish you and your family a Merry Christmas & a Happy New Year!


  • Reliance Industries

    CMP: ₹ 1,563

    TARGET: ₹1,711

    UPSIDE: 9%

  • Larsen & Toubro

    CMP: ₹ 1,312

    TARGET: ₹1,736

    UPSIDE: 32%

  • Cholamandalam Investment

    CMP: ₹303

    TARGET: ₹387

    UPSIDE: 28%

  • Minda Industries

    CMP: ₹347

    TARGET: ₹410

    UPSIDE: 18%

  • KEC International

    CMP: ₹304

    TARGET: ₹367

    UPSIDE: 21%

  • Security & Intelligence Services (India)

    CMP: ₹937

    TARGET: ₹1,100

    UPSIDE: 17%

  • Mold-Tek Packaging

    CMP: ₹289

    TARGET: ₹351

    UPSIDE: 21%

CMP as on 23rd December 2019