Motilal Oswal is ‘overweight’ on sectors like IT, Healthcare, BFSI, Industrials, Real Estate and themes like Capital Markets, EMS, Digital e-commerce and Hotels etc. This outlook is reflected in the brokerage firm’s top 10 stock picks. According to the brokerage firm, there is a possibility of getting excellent returns in these stocks, hence it can be a better investment opportunity in the coming year.
1. ICICI Bank: The shares of this bank are continuously showing strong growth. The company has kept the target price for this at Rs 1,550 and this is 19.4 percent more than the current market price of Rs 1,298.95. The bank has achieved growth at the rate of 17% CAGR in its loan portfolio during the financial year 2022 to 2024. The brokerage firm has maintained ‘buy’ rating on the bank’s shares.
2. HCL Technologies: The target price of HCL Technologies is Rs 2,300, which is 21.6% more than the current market price of the company (Rs 1892.05). The brokerage firm expects the long term growth of this IT company to be better.
3. Larsen & Toubro Ltd: The target price of Larsen & Toubro is Rs 4,300, which is 18.3% more than the current market price of Rs 3,633 as of December 24. Due to the company’s excellent growth and expansion in its infrastructure portfolio, it will be a target for investors in 2025. Could be an attractive option.
4. Zomato Ltd: Zomato’s target price of Rs 330 is 20.2% higher than the closing price of Rs 274.50 on December 24. There is tremendous potential for the company in the future in segments like food delivery, grocery etc.
5. Nippon Life India AMC (NAM India): The target price for the company has been kept at Rs 900, which is 19.6% more than the current market price of Rs 753. Motilal Oswal has given ‘Buy’ rating to the company’s shares, which indicates the company’s strong market share in the equity segment.
6. Mankind Pharma: The target price for the company’s shares has been kept at Rs 3,140 crore, which is 8% more than its current market price of Rs 2,909. The company has presented excellent results in the second quarter of FY 2025 and is showing strong growth in its consumer and export business.
7. Lemon Tree Hotels: The target price for the shares of the company has been kept at Rs 190, which is 25.5% more than the current market price of Rs 151.25. Motilal Oswal has given it a ‘Buy’ rating, which shows the brokerage firm’s confidence in the company’s growth.
8. Polycab India: The company is a key player in the consumer durable sector and its target price is Rs 8,340 crore, which is 17.8% more than the current market price of Rs 7,077. Motilal Oswal has given it a ‘Buy’ rating.
9. Macrotech Developers: The target price for shares of the real estate company is Rs 1,770, which is 26.7% more than the current market price of Rs 1,397. Despite the sluggish monsoon season, Macrotech has registered strong growth.
10. Syrma SGS Technology: The target price for the company is Rs 750, which is 25.2% more than the current market price of Rs 599.50. The company has an order book of Rs 4,800 crore, which shows its growth.