Investment: These 15 stocks can make you earn big this Diwali, SBI explains the reason..

The festival of Diwali is just around the corner. The month of Diwali is underway, and many brokerages offer investors Diwali stocks. To mark this occasion, SBI Securities has recently selected 15 stocks for Diwali 2025. They believe that with the start of the new Samvat year, earnings will grow by double digits from the third quarter of FY2026, and inflation of 3-5% will further boost earnings in FY2027. These stocks include major names like HDFC Bank, the recently listed NSDL, and Apollo Hospitals. The brokerage expects Oswal Pumps to grow by 25% and Swaraj Engines by 24%.

HDFC Bank

According to SBI Securities, loan growth is expected to be 10% in FY2026 and 13% in FY2027, which is higher than the industry average. This will be driven by corporate and retail banking technology and branch expansion. The brokerage has a target price of ₹1,110, implying a 14% upside.

Apollo Hospitals
Apollo Hospitals is expected to achieve revenue growth of 18.3% and profit growth (CAGR) of 30.5% between FY2025-27. This is driven by a strong hospital business, new capabilities, the break-even point of Apollo 24/7, and the separation of Apollo Healthco, which will enhance investor value. The brokerage has a target price of ₹8,675, implying a 13.2% upside.

For TVS Motor, the brokerage says that GST 2.0 will be a major factor in volume growth over the next 12 months. TVS Motor will benefit from high capacity and operating leverage, leading to improved margins. The brokerage has a target price of ₹3,975, implying a 13.2% upside.

NSDL Target
Market sentiment is expected to improve over the next 3-6 months, and NSDL will play a proxy role in this. The market share of demat accounts was 15.5% in the first quarter of FY2026, up from 9.4% in FY2025. By June 2025, it had crossed 40 million accounts. The brokerage has a target price of ₹1,380, which implies an upside of 15.2%.

Pandey Oxides & Chemicals is expected to gain over 23%. Other stocks such as Indian Bank, Ashok Leyland, Jubilant Foodworks, National Aluminum Company, Azad Engineering, Subros, Indian Metals & Ferro Alloys, and Fem Industries have the potential to gain 13-22%.

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