Axis Securities Releases August Stock Picks Featuring Bajaj Finance, Bharti Airtel, SBI

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Axis Securities has unveiled its top equity recommendations for August, featuring a strong mix of stocks from the finance, telecom, consumer, and industrial sectors. The brokerage identified Bajaj Finance, Bharti Airtel, and State Bank of India (SBI) as its primary picks, highlighting their robust fundamentals and promising growth potential.

According to Axis, Bajaj Finance remains attractive due to its consistent performance in consumer lending, stable asset quality, and focus on digital transformation. The company’s expanding customer base and strong financial discipline are expected to drive further growth.

Bharti Airtel was included for its rising average revenue per user, sustained investments in 5G infrastructure, and market leadership in the telecom services sector. Axis Securities believes the company is well-positioned to benefit from the sector’s long-term digital shift.

SBI, India’s largest public sector lender, earned a spot in the recommendations for its healthy credit growth, improving asset quality, and cost efficiency. The bank’s expanding retail and corporate loan portfolios have also contributed to its positive outlook.

The brokerage also listed other companies such as ITC, M&M, Godrej Consumer Products, Aurobindo Pharma, HCL Technologies, and Larsen & Toubro, citing strong earnings prospects and sectoral momentum.

Axis Securities maintained that India’s macroeconomic fundamentals remain supportive despite global uncertainties. It advised investors to focus on companies with strong balance sheets, earnings visibility, and leadership within their respective industries. The firm emphasized a long-term investment approach amid short-term market fluctuations.