Cracker stocks this Diwali! Axis Direct selects 10 technical stock with 48% upside potential for Samvat 2083
Axis Direct rate stocks including Aurobindo Pharma, Hindustan Aeronautics and Jyoti CNC Automation.
· Economic Times Markets, ET Stocks
Aurobindo Pharma, Hindustan Aeronautics, and IOL Chemicals demonstrate solid growth prospects for the coming year. Similarly, Jyoti CNC Automation and Karnataka Bank are expected to experience significant gains according to their long-term performance charts.
The analysis
Where the names start from: Aurobindo Pharma is at its 52-week high, +7.5% over three months; Dr Lal PathLabs is 1% below its 52-week high, +7.4% over three months; Hindustan Aeronautics is 1% below its 52-week high, +9.6% over three months; Jyoti CNC Automation is 8% below its 52-week high, +22.1% over three months. A rating is set against the price on the day the note is written, so how far a stock has already run is the part of the case the headline upside leaves out.
Market context
- Brokerage calls from Axis Direct, with ratings on the stocks named. The stocks: Aurobindo Pharma, Hindustan Aeronautics, Jyoti CNC Automation and Dr Lal PathLabs.
- The “48% upside” is the brokerages’ own estimate: the gap between the share price when the note was written and their target price, usually set a year out. It is a forecast by the brokerage, not a move that has happened.
- On the day, 2 of 4 are higher: Aurobindo Pharma leads at +1.7% and Dr Lal PathLabs trails at -1.1%.
- Over three months: Aurobindo Pharma +7.5% against Pharma & Healthcare +1.0% (6.5 points ahead); Hindustan Aeronautics +9.6% against Defence & Aerospace +0.3% (9.3 points ahead); Jyoti CNC Automation +22.1% against Capital Goods & Engineering -5.2% (27.3 points ahead); Dr Lal PathLabs +7.4% against Pharma & Healthcare +1.0% (6.4 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Aurobindo PharmaAUROPHARMA · Pharma & Healthcare | ₹1,733.40 | +1.7% | +1.7% | +7.5% | 0.0% | 1.5× | — |
| Hindustan AeronauticsHAL · Defence & Aerospace | ₹5,040.20 | +1.6% | +10.4% | +9.6% | -1.2% | 0.7× | — |
| Jyoti CNC AutomationJYOTICNC · Capital Goods & Engineering | ₹1,026.55 | -0.8% | +0.3% | +22.1% | -7.8% | 0.5× | — |
| Dr Lal PathLabsLALPATHLAB · Pharma & Healthcare | ₹2,007.40 | -1.1% | +1.2% | +7.4% | -1.1% | 0.8× | — |
Pharma & Healthcare
1M +2.6% · 3M +1.0%
Aurobindo Pharma, Dr Lal PathLabs
Defence & Aerospace
1M -0.6% · 3M +0.3%
Hindustan Aeronautics
Capital Goods & Engineering
1M -6.4% · 3M -5.2%
Jyoti CNC Automation
Chemicals
1M -6.2% · 3M -13.1%
Prices as of 5 Nov 2026, 11:41 IST. Sector moves are the average of the stocks we track in each sector.
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