The year 2025 is about to end and investors are now busy making the watchlist for the next year i.e. 2026. In such a situation, some stocks present in the portfolio of India’s three big super investors Radhakishan Damani, Rekha Jhunjhunwala and Nemish Shah are in discussion. The special thing is that the favorite stocks of these three have currently fallen by 40% to 80% from their highest levels and are being counted in the category of deep value.
BF Utilities: Damani’s infra bet at very cheap price
BF Utilities, started in 2000, has a market cap of around Rs 2,196 crore and operates in power generation through windmills and infrastructure business. Radhakishan Damani holds about 1% stake in this company since June 2020. The company’s sales and EBITDA have been weak in the last few years, but net profit has grown at a CAGR of 39% in the last 5 years. In 2020, the share price was Rs 290, which has now increased to Rs 583. Despite this, the stock is trading 46% below the 52-week high of Rs 1080 and 78% below the all-time high of Rs 2628.
Tata Motors PV: Strong turnaround of Jhunjhunwala’s portfolio
This passenger vehicle unit of Tata Motors is among the big auto companies of the country with a market cap of Rs 1.27 lakh crore. Rekha Jhunjhunwala holds 1.4% stake in it from December 2022. The company has shown tremendous recovery in the last few years with 37% CAGR in net profit, while sales and EBITDA have also grown rapidly. This share of Rs 108 in 2020 has now reached Rs 345. But it is still 28% below the 52-week high of Rs 480 and 52% below the all-time high of Rs 712.
Zodiac Clothing: Nemish Shah’s high-risk, high-reward move
Zodiac Clothing, formed in 1984, operates three men’s premium brands namely Zodiac, ZOD and Z3. Nemish Shah is holding 1.6% stake in it since 2015. Although the financial condition of the company is weak, there is a continuous decline in EBITDA and profits. A share worth Rs 103 in 2020 is now trading at Rs 87. It has lost 80% from the all-time high of Rs 455.
Can these stocks do wonders in 2026?
All three stocks are backed by veteran investors despite their challenges. This is why BF Utilities, Tata Motors PV and Zodiac Clothing have become strong candidates to be included in the 2026 watchlist of many investors.