Diwali Dhamaka Stock Picks: Geojit Picks HUL, Suzlon, Maruti, SBI, Axis Bank, More For Samvat 2082

Diwali Dhamaka Stock Picks: Diwali is just a week away and the festive buzz is everywhere, from shopping for outfits and sweets to decking up homes with lights and decorations. Meanwhile, investors are busy with their own hunt, scouting for the best Diwali Dhamaka stock picks to light up their portfolios and maximise gains in Vikram Samvat 2082.

From Hindustan Unilever, Suzlon Energy, Axis Bank, Maruti Suzuki, Ultratech Cement, Tata Consumer, to Hero Motocorp, Geojit Financial services has listed twelve Diwali stock picks that can help investors boost their portfolio. Without wasting too much time, let's read the full details of Geojit Financial Services's Diwali stock picks.

Diwali Stock Picks For Samvat 2087

The Indian stock market underpeformed in 2025, as Nifty and Sensex showcased some price correction and consolidation. The market underperformance over the past one year was the result of a host of factors, including US tariffs, FII outflows, tepid corporate earnings, etc. Experts believe that Samvat 2082 is expected to witness Indian stock market growth.

Diwali Pick Stocks	Sector
State Bank of India	Banking
Infosys	IT Services
Hindustan Unilever	FMCG
Maruti Suzuki	Automobile
Axis Bank	Banking
UltraTech Cement	Cement
Tata Consumer Products	FMCG
Hero Motocorp	Automobile
Suzlon Energy	Capital Goods
Brigade Enterprises	Real Estate
Can Fin Homes	NBFC
H.G. Infra Engineering	Infrastructure

State Bank of India

SBI shares were trading 0.71% higher at Rs 883.15 per share. State Bank of India is working to boost its branch efficiency. The bank's profitability is expected to grow by leveraging all avenues to grow fee income, rationalising operating expenses, and improving employee productivity.

"With the government's divestment program continuing, reduced bureaucracy and the introduction of professional management bode well for the company. SBI remains wellpositioned to sustain its growth momentum, supported by a comfortable LDR, which provides the leverage to accelerate credit growth," noted Geojit in its report.

Infosys

Infosys shares were trading 1.19% lower at Rs 1472 per share on BSE at 11:45 am on Wednesday. Infosys has strong fundamental growth due to its robust order book, strong demand, and business operations. Investments in automation, productivity tools, and AI have improved delivery and client outcomes

"Infosys maintains its FY26 margin outlook, backed by Project Maximus, cost cuts, and disciplined spending. At a 1-year fwd. P/E of ~22x, the stock is trading below its long-term averages, and the recent buyback signals management confidence and adds to shareholder value."

Hindustan Unilever

Hindustan Unilever shares were trading 0.82% higher at Rs 2521 per share on BSE at 11:48 am. The FMCG giant is well positioned to capitalise on the surge in festive demand post GST rate cut.

'"With the expected benefits of direct & indirect tax relief, lower inflation, a favourable monsoon, and the upcoming 8th Pay Commission, HUL is wellpositioned to capitalise on the improving macro environment."

Maruti Suzuki

Maruti Suzuki share price was trading 0.28% higher at Rs 16,300 per share on BSE at 11:52 am. The automobile major is likely to get the maximum benefit of GST rate cut on four wheelers.

"Maruti offers one of the most comprehensive and diverse portfolios in the sub-1,200 cc segment, securing a dominant market share of the demand surge triggered by lower prices."

Apart from these five stocks, Geojit has also picked Axis Bank, UltraTech Cement, Tata Consumer Products, Hero Motocorp, Suzlon Energy, Brigade Enterprises, Can Fin Homes, and HG Infra Engineering.