Stocks to buy: Dalmia Bharat, Chalet Hotels, Minda Corp, among 6 mid-cap and small-cap stock picks by Axis Securities

Axis Securities has recommended six mid-cap and small-cap stocks for July, including Dalmia Bharat with a target of ₹2,430, APL Apollo Tubes at ₹2,250, Chalet Hotels around ₹1,000, Minda Corporation, and Ujjivan Small Finance Bank at ₹78. The brokerage maintained its December 2026 Nifty target of 27,220, based on a valuation of 19.5x December 2027 earnings, projecting Nifty 50 earnings to grow at 13 percent CAGR over FY23–28. Bull and bear case Nifty targets stand at 28,615 and 23,030 respectively, supported by India's strong economic structure, capex push, and GST 2.0 reforms.