At a time when investors are grappling with multiple market moving events from geopolitical tension between India and Pakistan to a flurry of earnings announcements, the brokerage firm Motilal Oswal has handpicked a few stocks with strong growth potential. These stocks have received a ‘Buy’ rating from the brokerage.
Let’s take a look into these stock picks and understand why the brokerage believes they deserve a place on your watchlist.
Jindal Stainless
The brokerage firm Motilal Oswal has initiated coverage on Jindal Stainless with a Buy recommendation, placing a target price of Rs 770 per share, suggesting an upside of approximately 26% from current levels. According to the brokerage report, the stock is currently trading at 8.4x EV/EBITDA on FY27 estimates.
The brokerage sees merit in Jindal Stainless growth plans and its focus on vertical integration. “We believe that JSL’s focus on strategic acquisitions and greater raw material security will further strengthen its growth prospects,” Motilal Oswal stated.
As per the report, Jindal Stainless revenue has seen a 12% CAGR over FY22-25, driven by a steady rise in volumes. The company has also deleveraged significantly, with net debt dropping from Rs 103 billion in FY16 to Rs 40 billion in FY25. RoE is expected to stay healthy at around 16% by FY27. “We value the company at 10x on FY27E EV/EBITDA, arriving at a TP of Rs 770 per share,” said the brokerage.
ABB India
ABB India has also made it to the list with a Buy rating and a target price of Rs 6,400, offering a potential 15% upside. While ABB’s earnings multiples remain on the higher side, currently trading at 59x/53.8x on CY25/CY26 earnings. The brokerage believes the company is well-positioned to benefit from India’s infrastructure growth and private sector capex.
According to the brokerage report, ABB’s recent weakness in its process automation segment has led to trimmed estimates for the next three years. “We trim our estimates by 3%/5%/5% for CY25/26/27 to factor in slightly lower ordering and margin assumptions across segments,” the report noted.
The brokerage expects ABB’s revenue to grow at 10-14% between CY25 and CY27, with healthy margins in the range of 17.1% to 18.3%. The company’s PAT is projected to grow at a pace of 7-10% over the same period.
As per the brokerage report, the key risks to watch include pricing pressure, a slowdown in inflows, and geopolitical issues, but the long-term story remains intact. “We maintain our BUY rating with a revised DCF-based TP of Rs 6,400, implying a multiple of 60x P/E on Mar’27E EPS,” Motilal Oswal said.
Triveni Turbine
Triveni Turbine has also secured a Buy rating, with a target price of Rs 700 per share, indicating a 25% upside. While the stock has seen some estimate revisions due to muted domestic orders, the brokerage remains bullish on its medium term outlook.
As per the brokerage report, Triveni Turbine’s 4QFY25 results were in line with expectations, and the management remains confident of a pick-up in orders during the second half of FY26.
“We expect this enquiry pipeline to start translating into order inflows by 2HFY26, with some volatility expected in 1HFY26,” the report noted.
Motilal Oswal has revised its FY26 and FY27 estimates downward by 9-10% but still projects a 19% CAGR in revenue, EBITDA, and PAT between FY25-27. “We revise the TP to Rs 700 based on 42x FY27E EPS,” it said, adding that strong cash flows and low capex needs support this valuation.
The key risks include delayed domestic orders and weaker-than-expected export momentum, but the brokerage believes the long-term fundamentals remain sound.