The markets are muted today but there are several pockets buzzing with action. In case you are looking for potential opportunities to invest in, leading brokerage firm Motilal Oswal has recommended “Buy” on three stocks in its latest report. According to the brokerage report, these stocks stand out due to strong fundamentals, market positioning, and growth prospects. Select stocks offer upside of as much as 21% over the next 12 months.
Let’s take a look at what makes these companies attractive and why Motilal Oswal remains bullish –
Motilal Oswal on UltraTech Cement
Motilal Oswal has given UltraTech Cement a ‘Buy’ rating with a target price of Rs 15,200 per share. This implies an upside potential of 21% from the current market price to this key cement sector stock.
As per the brokerage report “the UltraTech Cement management, in its Q1FY26 earnings concall, was optimistic about pricing and profitability in the south region.”
Furthermore, the report pointed out that UltraTech has strengthened its market presence in southern India. It increased its grey cement capacity mix to around 27% currently from around 16% in FY23 . On the other hand, its industry share in the region has risen to around 25% from around 12%.
The brokerage report noted that UltraTech is on track to achieve its 200mtpa domestic grey cement capacity target ahead of schedule, with planned expansions across South, North, and Central regions.
“Our current earnings estimates factor in the resilient pricing trend as indicated by management in the Q1FY26 earnings call,” Motilal Oswal added.
Motilal Oswal on Coal India
Coal India is recommended with a “Buy” rating by the brokerage house and a target price of Rs 450. This translates to a 15% upside to this mining sector stock. As per the brokerage report, “Higher e-auction volumes to expand margins” will support overall net sales realisation and profitability, even though earnings are expected to remain under pressure in FY26 due to muted power demand and rising captive mining.
The report further highlighted that the company’s domestic coal production has been increasing, with thermal coal imports falling 10% YoY in FY25. Despite near-term challenges, Coal India’s long-term demand outlook remains healthy, with projected coal demand reaching 1.3–1.5 billion tonnes by 2030.
Motilal Oswal on Cummins India
Motilal Oswal retains a ‘Buy’ rating on Cummins India with a target price of Rs 4,500. This translates into a 12% upside. The report projects average annual revenue, EBITDA, and profit growth of 16-17% over FY25–FY28.
Furthermore, the report added, “Though competition is catching up across nodes in the domestic powergen market, we believe that Cummins stands far ahead of competition in terms of its substantial market share in high-kVA nodes as well as a strong product portfolio and distribution network for low- and mid-kVA nodes.”
Cummins’ power generation segment is expected to maintain a 15% CAGR, driven by strong market positioning and expanding product offerings.