Motilal Oswal Financial Services

Among the 10 stocks, Gokaldas Export carries the highest indicated upside of 46%, followed by Laxmi Dental at 40%, VIP Industries at 39%, based on the market prices cited in Motilal Oswal's reports.

Grasim's reported performance was above the brokerage's estimates, driven by lower than-estimated losses in the paints and B2B businesses, while chemical outperformance was offset by lower VSF profitability.

Given the better-than-expected performance in Q1, the brokerage has raised its earnings estimates on Tata Motors CV by 6%/2% for FY27/FY28.

HAL has received seven GE F404 engines till date and targets to commence deliveries of Tejas Mk1A aircrafts soon, with the first jet targeted for Aug-Sep'26, highlights the brokerage.

Target prices were raised for Vodafone Idea, Bosch and Amara Raja after their quarterly updates, while Triveni Turbine's target was cut following weaker-than-expected margins.

The capital goods major's margins across segments were impacted by commodity and currency fluctuations, especially in smart infrastructure, as a larger part of the order book is short cycle in nature, adds the brokerage.

Motilal Oswal has maintained its Buy rating on Shaily Engineering with a target price of Rs 4,074 implying a potential upside of 21% from the current levels.

Brokerage commentary suggests that while near-term challenges persist in certain segments, all three companies remain well positioned to capitalise on industry-specific opportunities, ranging from export recovery and premiumisation to capacity expansion and rising industrial demand.

Gland Pharma's adjusted profit increased 47% YoY to Rs 317 crore, aided by operating leverage and healthy growth in key overseas markets, adds the brokerage.

Higher energy and input costs weighed on Q1 margins, prompting Motilal Oswal to cut FY27 earnings estimates, though the brokerage remains positive on Bharat Forge's long-term defence and aerospace growth opportunities.

Among the five, the reports indicate the highest potential upside for Kirloskar Oil Engines at around 30%, followed by GR Infraprojects at 26%, Inox Wind and Premier Energies at around 18% each, and Mrs Bectors at 16%.

Kaynes revenue jumped 41% YoY in Q1, core EMS business grew 48%, and Motilal Oswal sees OSAT and PCB ventures emerging as key growth drivers while retaining a Buy rating.

The lender reported a net profit of Rs 21,120 crore for Q1 FY27, up 10.2% YoY and around 15% ahead of Motilal Oswal's estimates, supported by healthy treasury income and controlled operating expenses.

TCI Express, Biocon and Deepak Nitrite, Ixigo, Inventurus Solutions, Emcure shares are likely to remain in focus after Motilal Oswal reviewed their June-quarter earnings, revising target prices and estimates for select companies while reiterating its ratings based on business performance, margin trends and growth outlook.

Godrej Agrovet, Campus Activewear, SignatureGlobal, Time Technoplast and Pearl Global Industries shares are likely to remain in focus after Motilal Oswal reviewed the companies following their Q1 FY27 earnings.

Motilal Oswal expects Siemens Energy to continue to benefit from domestic and export-led opportunities across renewables, data centers and steam turbine.

VNB margin expanded 730 basis points YoY, while PAT rose 23%; brokerage expects LIC's margin gains to continue.

ONGC and Castrol India continue to offer attractive return potential, while Pidilite's valuation remains relatively expensive despite its strong business fundamentals, adds Motilal Oswal.

While Bharti Hexacom continued to benefit from strong wireless growth and free cash flow generation, Happy Forgings delivered another quarter of robust margin expansion, and Ventive Hospitality's domestic business remained resilient despite weakness in its overseas operations.

VRL Logistics, Blue Dart Express and Avalon Technologies remains in focus after strong Q1 performance.