The brokerage prefers Eternal for Blinkit's scale leadership and path to profitability, and also believes Swiggy offers optionality if Instamart closes the scale gap.
Motilal Oswal Financial Services
Stories By Motilal Oswal Financial Services
Swiggy Vs Eternal: Here's Why Motilal Oswal Remains Bullish On The Food-Tech Duopoly
Indegene Stock Gets Fresh Buy Call; Motilal Oswal Turns Bullish On Pharma Outsourcing Tailwinds — Check Target PriceOperationally, Indegene remains in the top quartile, given superior revenue per employee, higher than IT services peers and 3x more than the healthcare BPO peers, says Motilal Oswal.
PB Fintech Shares Under Pressure? Motilal Oswal Flags Regulatory Risk, Cuts Target Price — Read ReportUntil the final regulations are announced, Motilal Oswal believes the fintech stock would continue to underperform.
SPR Auto Shares May Rally 37%, Says Motilal Oswal As It Initiates Coverage — Check Target PriceThe company has recently completed the Rs 1,000 crore QIP to fund future organic and inorganic growth opportunities, which could act as a key trigger for further upside, adds the brokerage.
Insurance Stocks In Focus: SBI Life Among Motilal Oswal's Preferred Picks After IRDAI's New Framework — Details InsideThe brokerage also noted that LIC appears better placed than peers due to its lower dependence on broker and bancassurance channels.
Vishal Mega Mart Shares May Rally 27%, Says Motilal Oswal Despite Stake Sale Overhang — Check New Target PriceThe recent extension of its long-term CEO's tenure for another five years, alongside redesignation as Founder, provides comfort on the continuity of the business strategy, believes the brokerage.
IDFC First Bank May Rally 23% As Motilal Oswal Upgrades Stock To 'Buy' — Check Target PriceThe brokerage highlighted that IDFC First Bank has made significant progress in strengthening its deposit franchise while sustaining robust loan growth and steadily de-risking the balance sheet.
M&M Finance Shares In Focus; Motilal Oswal Sees 21% Upside On Digital Transformation Push — Check Target PriceThe brokerage highlights Udaan, digital onboarding, automated underwriting and AI-led processing as key drivers of scale, efficiency and cross-selling.
Tata Steel Shares May Rally 20%, Says Motilal Oswal Amid Steel Price Surge — Check Target PriceThe brokerage highlights that Tata Steel's Indian business is expected to continue its strong performance, driven by improved pricing.
Pine Labs Rated 'Buy' By Motilal Oswal On Coverage Initiation — Check Target PriceThe brokerage believes that Pine Labs is well positioned to benefit from India's accelerating digital payments ecosystem, given its diversified product suite and deep relationships with merchants, brands and financial institutions provide multiple monetisation levers beyond traditional payment processing.
Solar Industries Gets 'Buy' Rating As Motilal Oswal Initiates Coverage — Check Target Price, UpsideThe brokerage estimates defense Solar Industries' revenue to rise from Rs 2,630 crore in FY26 to nearly Rs 9,900 crore by FY30.
JSW Cement In Focus As Motilal Oswal Upgrades Rating; Sees Up To 25% Upside — Check Target PriceJSW Cement is well positioned for sustained medium-term growth, led by strong volume momentum, successful entry into North India and an improvement in cost structure in coming quarters with stabilisation of its north India plant, says Motilal Oswal.
Up To 23% Upside! Coforge Remains Motilal Oswal's Top Mid-Tier IT Pick — Check Target Price, Key Growth TriggersThe brokerage highighted that Coforge's strong deal wins, continued execution, improving cash conversion, and further margin upside from the Encora integration support our medium-term growth outlook.
Turtlemint Bags 'Buy' Rating As Motilal Oswal Initiates Coverage — Check Target Price, UpsideMotilal Oswal believes Turtlemint's growth opportunity is increasingly shifting from network creation to network monetisation, supported by rising active-partner conversion, higher advisor productivity, and cross-selling.
Oberoi Realty Gets Buy Upgrade As Motilal Oswal Bets On Next Growth Phase — Check Revised Target PriceOberoi Realty's successful foray into NCR opens a new avenue for growth, while multiple upcoming launches in new micro-markets of MMR should provide diversification and derisk operational performance, adds the brokerage.
Happy Forgings Shares Rise As Motilal Oswal Maintains 'Buy'; Sees 18% Upside — Check Target PriceWhile there could be some margin pressure due to rising input costs in the near term, the brokerage expect Happy Forgings to post a margin expansion to 33% over FY26-29, led by an improved mix, operating leverage benefits, and the benefit from solar power generation in the coming years.
IGL Valuation Appears Attractive, Says Motilal Oswal, Sees Up To 27% Upside — Check Target PriceMotilal Oswal believes IGL's current valuation appears to underappreciate the earnings resilience and growth potential of the business.
Titan Shares: Motilal Oswal Maintains 'Buy' On Strong Jewelry Growth Outlook — Check Target Price, UpsideMotilal Oswal remains constructive on growth in the jewelry industry, particularly among top players, with Titan as the bellwether and, given its superior historical execution track record, best positioned to benefit.
After A 70% Rally Since Listing, Lenskart Remains A 'Buy' For Motilal Oswal — Check Revised Target PriceThe brokerage believes the eyewear retailer's strong fundamentals, industry-leading store economics, expanding margins and long runway for growth justify continued optimism despite the stock having rallied nearly 70% since its listing in November 2025.
Coforge Remains Motilal Oswal's Top Pick Despite Chairman Resignation — Check Target PriceCoforge's strong deal wins, continued execution, improving cash conversion, and further margin upside from the Encora integration support brokerage's medium-term growth outlook.