GMR Airports Infra and Aditya Birla Fashion lead the way, promising outlook for Maruti Suzuki | IIFL’s Sanjiv Bhasin top picks

For Sanjiv Bhasin, Director of IIFL Securities, GMR Airports Infrastructure and Aditya Birla Fashion and Retail (ABFRL) are his top picks for the present day, as well as the upcoming week and month. According to Bhasin, GMR Airports Infrastructure at Rs 40 is an evident choice with a target price of Rs 65 while Aditya Birla Fashion and Retail (ABFRL) at Rs 197 offers a favorable entry point.

Bhasin, in an interview with CNBC-TV18, also expressed optimism about Piramal Pharma, currently priced at Rs 70, expecting it to outperform, particularly when it reaches the range of Rs 120-127, where the promoters have issued warrants. He also recommended keeping an eye on CHEMPLAST SANMA and Jubilant Ingrevia, as they continue to perform well.

Bhasin highlighted the immense growth potential of Maruti Suzuki, the renowned Indian automobile manufacturer, in the long run. He believes the stock has the capability to reach Rs 12,000 from its current price of Rs 9,500. However, he emphasized that ownership of the stock is crucial for fully realizing this growth potential.