Stocks to Buy For Long Term: These 11 stocks can see an increase of up to 25%:

News Topical, Digital Desk : SBI Securities' long-term investment ideas for the next two years include 11 stocks. These include large-cap names, with potential growth ranging from 11.7 per cent to 25 per cent.

ICICI Bank: SBI Securities has a target price of Rs 1,556 on the stock, implying a potential upside of 12 per cent from current levels. The brokerage said the bank is expected to maintain its growth due to industry-leading credit growth and asset quality.

M&M: SBI Securities has a price target of Rs 3,625 on the stock, implying a potential upside of 21.6 per cent from current levels. At current market price (CMP), the stock is trading at 27.0x and 23.9x FY26 and FY27 standalone consensus Bloomberg earnings estimates. The brokerage said SUVs, LCVs, tractors and exports are growing rapidly across sectors and are expected to drive profitable growth for the industry.

BEL: SBI Securities has a price target of Rs 372 on Bharat Electronics, implying a potential upside of 17.8 per cent from current levels. Despite missing its guidance of Rs 25,000 crore order inflow for FY25, the company achieved an annual turnover of Rs 23,000 crore as against Rs 19,820 crore in FY24, reflecting a robust growth of 16 per cent against its guidance of 15 per cent.

Ultratech Cement: SBI Securities has a target of Rs 13,733 on this stock, indicating a potential upside of 20.8 per cent from current levels. The brokerage believes that with the ongoing consolidation in the cement industry, a large company like UltraTech will become bigger to achieve long-term structural growth in the industry.

Varun Beverages: SBI Securities has a target of Rs 603 on this stock, indicating a potential upside of 21.5 per cent from current levels. According to SBI Securities, strong demand in summer and expectations of gains from recent business acquisitions in Africa are likely to boost the company's growth in the near-term.

Max Healthcare Institute: SBI Securities has a target of Rs 1,405 for this stock, indicating a potential upside of 24.6 per cent from current levels. The company is expected to maintain its growth due to increasing occupancy and commercialization of new beds.

RIL: SBI Securities has a target of Rs 1,586 on Reliance Industries, indicating a potential upside of 15.2 per cent from current levels. The brokerage believes that the stock has multiple levers for re-rating, such as the new energy business becoming a profitable vertical in the next 3 to 5 years; debt remains stable and is expected to see a stable or declining trend in FY25.