Shares to buy in FY25: Mid-cap, small-cap indices rebound from 3-month low. Top 5 stocks to buy for long-term
Stocks to buy in FY25: After touching a three-month low in mid-March 2024, the small-cap and mid-cap indices witnessed strong upside in the last fortnight of FY24. This has created a buzz in these segments when the Indian stock market resumes activities in the new financial year.
According to stock market experts, after months of underperformance, the small-cap and mid-cap stocks are attracting strong buying interest. However, they said that investors with a low-risk appetite should go for the mid-cap stocks whereas those who have a high-risk appetite and time horizon, can go for the small-cap stocks first.
On stocks to buy in FY25, experts recommended five shares to buy for long term — Tata Chemicals, Indus Tower, IREDA, Mahindra Lifespaces, and Shakti Pumps. Advising stock market investors to look at the mid-cap stocks, Manish Chowdhury, Head of Research at StoxBox said, "In the current investment landscape, our focus is on mid-cap companies demonstrating robust revenue visibility and sustained growth momentum in their margins.
We prefer those companies with lower leverage, indicating a healthier balance sheet and reduced financial risk. However, it's important to acknowledge the inherent difficulty in short-term forecasting due to market volatility.
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