Top Stock Picks for July 2025: India's Equity Market Recovery

Yes Securities has revealed its top stock picks for July 2025, emphasizing structurally strong businesses with high earnings visibility and favorable macro tailwinds in the Indian equity market. Despite temporary macro headwinds, companies like Amber Enterprises, IndiGo, Mahindra & Mahindra, and Caplin Point Laboratories show promising growth prospects.

Amber Enterprises: A High-Conviction Bet on Electronics and Green Tech

Yes Securities maintains a 'buy' rating on Amber Enterprises with a 12-month target price of ₹9,187. The company, a leading contract manufacturer for room air conditioners (RACs), is poised for further growth with aggressive diversification into electronics and green technology. Amber's acquisition of Power-One Micro Systems strengthens its presence in EV charging, solar inverters, and battery energy storage.

IndiGo: Dominance in Indian Skies with Global Ambitions

IndiGo commands a dominant 64% market share in India's domestic aviation sector and operates a lean, cost-efficient model with a young fleet. With a strong market position and expansion plans, IndiGo is well-positioned to capitalize on India's aviation supercycle and increase its international market share by FY30.

Mahindra & Mahindra: Rural Demand and EV Ambitions Drive Growth

Mahindra & Mahindra features on Yes Securities' buy list for July with a target of ₹3,796, offering a potential 20% upside. The company's strong performance in FY25 across segments like tractors, utility vehicles, and LCVs, coupled with its growing market share and product pipeline, signifies sustained growth in domestic and international markets.

Caplin Point: Niche Pharma Player with Global Reach

Caplin Point Laboratories rounds out Yes Securities' top picks for July, with a 12-month target price of ₹2,422, implying a 20% upside. Operating in over 23 countries, Caplin Point has a strong presence in Latin America and Africa and is expected to expand its product portfolio and international presence through strategic investments.