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Stock Tips: Motilal Oswal’s top picks include Mahindra & Mahindra, HCL Tech and Axis Bank shares. Brokerage says that in the coming time, these three stocks will give good returns to investors. Why this …Read more
Brokerage says that the fundamentals of these stocks are strong.
Highlights
- The target price of Mahindra & Mahindra is ₹ 3,643.
- The target price of HCL Tech is ₹ 2,000.
- The target price of Axis Bank is ₹ 1,300.
Motilal Oswal says that Mahindra & Mahindra will be able to increase market share in the auto sector in the coming time. The company plans to launch 23 new models in the SUV and LCV segment by 2030. The company is also strengthening its electric SUV portfolio. In the tractor segment, M&M’s intention is to make a strong hold. Brokerage says that in FY24 and FY25 M&M has performed better than target in 18% Roe and profit growth. Brokerage House has fixed the target price of Mahindra and Mahindra share ₹ 3,643, which is about 18 percent more than its current price.
HCL Technologies Share
HCL Technologies have introduced weak results in the first quarter of FY26. Net profit dropped 10% on an annual basis. The company’s revenue and operating margin have recorded an increase of 8.2% and 3%. Motilal Oswal hopes that Q2 FY26 may grow 9.4% in the company’s revenue, 2.1% in profit and 5.3% in EPS. HCL Tech’s target price Motilal Oswal has fixed ₹ 2,000, which is 23% more than its current price.
Advice to invest money in Axis Bank shares
Motilal Oswal is also a bulish on Axis Bank share. Brokerage has given it a ‘neutral’ rating, but has described its fundamental as strong. The loan growth of the bank in FY25 was slightly slow as the first credit-delivery ratio was 92.6%, which has now come down to 88.7%.
The brokerage firm believes that the bank’s valuation is still attractive and the Risk-Reward ratio is balanced. However, for further performance, the situation of credit cost, margin and growth is necessary to be clear. By FY27, the bank can achieve 1.74% ROA and 15.3% Roe. On this basis, a target price of ₹ 1,300 of Axis Bank has been fixed, which shows a possible profit of 11%.
(Disclaimer: Stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, consult the first certified Investment Advisor. AyraNews24x7 will not be responsible for any kind of profit or loss.)
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