Power Finance Corporation stock soars 4%; Motilal Oswal sees more upside Power Finance Corporation’s (PFC) stock price surged 4% to ₹434.85 on the BSE on Wednesday, driven by heavy trading volumes. The stock approached its 52-week high of ₹443.95, which it last touched in April 2025. Over the past three months, PFC outperformed the broader market, rising 28% compared to a 9.4% decline in the BSE Sensex. The rally follows the company’s board approval to raise ₹1.6 trillion in FY27 through bonds, term loans, and commercial paper, excluding funds from the Extra Budgetary Resource (EBR). The merger of PFC and Renewable Energy Corporation (REC) is a key catalyst for the stock’s performance. The Union Budget 2026 proposed restructuring PFC and REC to create a unified entity, aiming to enhance efficiency and scale within public sector non-banking finance companies (NBFCs). PFC acquired a 52.63% stake in REC in 2019, making it a subsidiary. The merger is expected to consolidate overlapping functions, reduce operational costs, and strengthen bargaining power with lenders. The combined entity would become India’s largest power sector financier, with improved balance sheet strength and capital efficiency to support large-scale funding for the power sector. The merged entity is positioned to address India’s growing energy needs, particularly as the country advances toward its Viksit Bharat 2047 goals. Future investments will focus on renewable energy and emerging technologies like green hydrogen, carbon capture and storage (CCUS), small modular nuclear reactors, and energy storage solutions. The combined entity’s technical expertise and sector knowledge are expected to position it to capitalize on these opportunities effectively.#motilal_oswal #union_budget_2026 #power_finance_corporation #renewable_energy_corporation #viksit_bharat_2047
Ola Electric plans Rs 2,000 crore fundraise for battery arm Ola Electric has initiated a plan to raise up to Rs 2,000 crore by selling a stake in its battery division, Ola Cell Technologies (OCT). OCT operates a lithium-ion cell manufacturing plant in Tamil Nadu with an initial operational capacity of 1.5 GWh, aiming to expand to 6 GWh by the end of the current financial year. The fundraising process is being managed by investment banks Avendus and Motilal Oswal. The move aligns with Ola Electric’s broader strategy to restructure its operations and strengthen its financial position as it works toward a business turnaround. The stake sale is expected to influence the market valuation of OCT, a critical asset in India’s battery infrastructure. The unique nature of OCT’s assets has attracted interest from financial investors, including sovereign wealth funds. The company’s gigafactory, which required an upfront investment of Rs 3,500 crore, represents a major step in localizing battery cell production in India. This initiative is vital as the country seeks to reduce reliance on imported cells and build a domestic electric vehicle (EV) supply chain. The gigafactory will also support energy storage solutions beyond the two-wheeler market, catering to industries requiring storage for renewable energy. Ola’s Battery Innovation Centre, part of OCT, employs over 200 executives from global corporations and holds nearly 400 patents. Its research spans multiple cell chemistries, including NMC, LFP, LMFP, and LMR, as well as various form factors like cylindrical, prismatic, and solid-state cells. India’s push toward 50% renewable energy by 2030 highlights the need for efficient storage solutions to balance electricity generation and consumption.#tamil_nadu #motilal_oswal #ola_electric #ola_cell_technologies #avendus
Ola Electric to raise ₹2,000cr by selling minority stake Ola Electric is seeking to strengthen its financial position by securing ₹2,000 crore through the sale of a minority stake in its battery subsidiary, Ola Cell Technologies (OCT). This strategic move comes amid declining electric scooter sales and intensifying competition in the market. The fundraising initiative, led by financial advisors Avendus and Motilal Oswal, has already attracted interest from major investors, including sovereign wealth funds, due to OCT’s growing significance in the company’s operations. OCT operates India’s first gigafactory in Tamil Nadu, marking a critical step toward reducing the nation’s reliance on imported lithium-ion cells. The facility currently has an operational capacity of 1.5 GWh and is projected to expand to 6 GWh by the end of the current financial year, which concludes on March 31, 2026. This expansion aligns with India’s broader goals of advancing self-reliance in electric vehicle (EV) technology. Additionally, Ola’s Battery Innovation Center has developed nearly 400 patents and has started producing advanced Bharat Cells, underscoring the company’s commitment to leading local battery innovation. The decision to raise capital through a minority stake reflects Ola’s efforts to navigate challenges in the EV sector, where demand for electric scooters has slowed and competition has intensified. By leveraging OCT’s capabilities, Ola aims to solidify its position in the market while supporting India’s transition to sustainable transportation. The fundraising also highlights the growing importance of domestic battery manufacturing, as companies seek to minimize dependency on global supply chains and capitalize on the country’s push for green energy solutions.#tamil_nadu #motilal_oswal #ola_electric #ola_cell_technologies #avendus
L&T shares fall 7.5% amid Middle East war, m-cap declines below Rs 5 lakh crore: What lies ahead? L&T shares fell 7.5% on March 13, 2026, amid escalating tensions in the Middle East, marking a significant drop in the company’s market capitalization, which dipped below Rs 5 lakh crore. The decline follows a sharp decline in investor confidence, driven by the ongoing conflict in the region, which has disrupted key business operations and order flows for the engineering giant. The stock hit a low of Rs 3,445, reflecting heightened market uncertainty and risk aversion among investors. Analysts have highlighted the short-term challenges facing L&T, particularly the impact of the Middle East conflict on its projects and revenue streams. The company’s exposure to infrastructure and construction contracts in the region has been severely affected, with delays and cancellations disrupting its financial outlook. However, long-term growth prospects remain intact, according to Motilal Oswal, which noted the company’s strong order book and potential for healthy core PAT earnings over the FY25-28E period. Despite the immediate headwinds, the firm maintains a positive outlook for L&T’s ability to navigate the current crisis. The analyst emphasized that while near-term risks persist, the company’s robust financial position and diversified portfolio position it well for recovery. The market cap decline, however, underscores the broader market volatility linked to geopolitical tensions, which have shaken investor sentiment across sectors. The conflict has also raised concerns about the sustainability of L&T’s revenue growth, particularly in regions heavily dependent on Middle East contracts. Investors are now closely monitoring the company’s ability to secure new projects and manage existing obligations amid the geopolitical uncertainty.#market_cap #middle_east #motilal_oswal #l_t #l_t_shares
Stocks to buy in 2026 for long term: Hexaware Tech, VA Tech Wabag among 5 stocks that could give 20-40% return Brokerage firms Emkay Global and Motilal Oswal have identified several stocks across different sectors that they believe could deliver significant returns over the long term. The recommendations highlight potential upside of 20-40% for selected companies, based on current market valuations. Emkay Global has recommended Hexaware Technologies Ltd, assigning a "Buy" rating with a target price of Rs 570. The stock’s current trading price is Rs 418, which suggests a potential upside of approximately 36%. The firm also reiterated a "Buy" rating for Dixon Technologies Ltd, setting a target of Rs 15,200. At its current price of Rs 10,804, this implies a potential increase of about 40%. Motilal Oswal has highlighted VA Tech Wabag as a strong buy, with a target price of Rs 1,900. The stock is currently trading at Rs 1,253, indicating a potential upside of around 49%. The firm also recommended JSW Infrastructure Ltd, setting a target of Rs 360. At its present price of Rs 258, this suggests a possible rise of nearly 39%. Additionally, Motilal Oswal has maintained a "Buy" rating on Reliance Industries Ltd, with a target price of Rs 1,750. The stock’s current price of Rs 1,391 points to a potential upside of approximately 25%. The recommendations emphasize the growth potential of these stocks, though investors are advised to consider market conditions and individual risk tolerance. The brokerage firms base their analyses on current valuations and sector-specific outlooks, though past performance is not necessarily indicative of future results.#motilal_oswal #emkay_global #hexaware_technologies #va_tech_wabag #jsw_infrastructure
9 Stocks To Buy For Long Term: Motilal Oswal Picks Stocks for 2026 with Up to 78% Upside; Infosys, Maruti Suzuki, Bharti Airtel on List Motilal Oswal has identified nine stocks as top long-term investment options for 2026, spanning sectors such as IT services, automobiles, beverages, telecom, banking, metals, cement, paints, and mining. The brokerage firm assigned a Buy rating to all nine stocks, citing strong earnings visibility, sector-specific growth opportunities, and improving business momentum. Based on current market prices and target prices provided by Motilal Oswal, the potential upside for these stocks ranges up to 78%, making them attractive for long-term investors seeking steady growth. Infosys is among the top picks, with a target price of Rs 1,850, implying an upside of approximately 48%. The stock currently trades at Rs 1,250.40. Motilal Oswal highlighted the company’s strong position in AI services and its Topaz platform ecosystem. The brokerage expects cyclical recovery in core businesses and increased enterprise AI adoption to drive earnings growth over the long term. Maruti Suzuki is another recommended stock, with a target price of Rs 17,406, indicating an upside of about 38%. The stock is currently priced at Rs 12,615. Motilal Oswal believes the company’s market share revival and strong retail demand for cars and utility vehicles will support growth. The firm anticipates outperformance relative to industry trends, driven by new product launches and improving exports. Indigo Paints is rated Buy with a target price of Rs 1,400, offering an upside of around 77.7%. The stock currently trades at Rs 788.00. Motilal Oswal noted that while the company reported muted revenue growth in the recent quarter, it showed stronger margins due to lower raw material costs.#maruti_suzuki #indigo_paints #motilal_oswal #infosys #varun_beverages
Buy Maruti Suzuki; target of Rs 17,406: Motilal Oswal March 12, 2026 / 12:45 IST Motilal Oswal’s research report on Maruti Suzuki highlights that the company’s recent underperformance relative to the Auto index is primarily attributed to near-term challenges in the wholesale segment and a disappointing third-quarter performance. However, the firm argues these concerns are overstated, citing strong retail demand for Maruti Suzuki’s cars and utility vehicles (UVs). This demand is reflected in the company’s outperformance in retail sales following the GST cut. The report notes that Maruti Suzuki’s wholesale sales have been constrained by capacity limitations, but this is expected to improve starting in April 2026 with the ramp-up of new production capacity. The firm anticipates Maruti Suzuki will outperform industry growth in fiscal year 2027, supported by a robust launch pipeline. Key upcoming models include a new Brezza variant, the recently launched Victoris and e-Vitara, and at least one additional new launch in fiscal year 2027. Maruti Suzuki’s export momentum is also expected to remain strong as the company works toward its medium-term target of 750,000–800,000 vehicles by fiscal year 2031. It has already surpassed its FY2026 target in February 2026. The report further suggests that rising input costs will be mitigated through reduced discounts, improved product mix, and normalized pricing in the car segment. Overall, the firm projects Maruti Suzuki will achieve a 16% compound annual growth rate (CAGR) in earnings from fiscal years 2025 to 2028. Motilal Oswal reiterates its BUY recommendation for the company, setting a target price of Rs 17,406, which is based on a valuation of 26 times the December 2027 earnings per share (EPS).#maruti_suzuki #motilal_oswal #brezza #victoris #e_vitara
Jio Financial Services share price has 35% upside potential, Motilal Oswal says with 'buy' rating Shares of Jio Financial Services Ltd. rose on Wednesday, March 11, after brokerage firm Motilal Oswal initiated coverage on the stock with a "buy" rating and a price target of ₹320 per share. The firm projected a 35.2% upside potential from the stock’s previous closing price. This marks the second analyst to provide coverage on the company’s shares. Motilal Oswal highlighted Jio Financial Services’ positioning as India’s next-generation financial services platform, designed to operate across lending, payments, asset management, wealth management, insurance manufacturing and broking, and other digital financial services. The brokerage emphasized the company’s ability to leverage ecosystem synergies, data, distribution networks, and operational discipline to achieve scalable growth in the financial sector. The firm also forecasted that Jio Financial Services’ consolidated Profit After Tax (PAT) would grow at a compounded annual growth rate (CAGR) of 48% over the financial years 2026-2028. This projection underscores the company’s potential to deliver strong returns as it expands its services and taps into the growing demand for digital financial solutions in India. The stock’s recent performance aligns with the brokerage’s positive outlook, reflecting investor confidence in Jio Financial Services’ strategic initiatives and market position. Analysts noted that the company’s integration of technology and its focus on innovation position it well to capitalize on emerging opportunities in the financial services sector. The analysis highlights the broader implications of Jio Financial Services’ growth trajectory, particularly in a market where digital transformation is reshaping traditional financial models.#stock_market #india #financial_services #jio_financial_services #motilal_oswal
Laurus Labs shares are up 100% in the last 12 months and Motilal Oswal sees further upside Shares of Laurus Labs Ltd. rose on Thursday, February 26, as brokerage firm Motilal Oswal expressed confidence in the stock’s performance. The firm reiterated its 'buy' rating on the company, setting a price target of ₹1,280 per share. This target represents an 18.9% potential increase from the stock’s previous closing price, marking the highest estimate among analysts. Motilal Oswal highlighted the company’s strong execution compared to its peers in the contract development and manufacturing organization (CDMO) sector. The brokerage noted that Laurus Labs has delivered 30% year-over-year growth and maintained a 26% EBITDA margin in the first nine months of the current fiscal year. This performance is attributed to the company’s expansion in the CDMO and formulation segments. The brokerage also projected that Laurus Labs will achieve a Profit After Tax (PAT) of ₹850 crore by the end of the financial year 2026, with forecasts of ₹1,150 crore by 2028. These figures imply a compounded annual growth rate (CAGR) of 16% over the period. Motilal Oswal emphasized that the company’s ability to outperform peers is due to its resilience amid industry challenges, including program delays, destocking, and slower commercial conversions faced by some competitors. The analysis noted that while the CDMO sector has experienced an uneven recovery, Laurus Labs has demonstrated stronger financial results. The firm’s confidence is further supported by the company’s scale-up in key business areas, which has contributed to its improved margins and growth trajectory.#motilal_oswal #laurus_labs #cdmo_sector #pharmaceutical_sector #biotechnology_sector
Laurus Labs Share Price in Focus: Motilal Oswal Reiterates ‘Buy’ Rating with Rs 1,280 Target Laurus Labs has received a ‘Buy’ rating from Motilal Oswal Financial Services, with the brokerage firm setting a target price of Rs 1,280 for the stock. The recommendation is based on the company’s strong execution and its robust growth trajectory, which has outperformed industry peers. Laurus Labs reported a year-on-year revenue growth of approximately 30% in the first nine months of fiscal year 2026, driven by improved EBITDA margins of around 26%. This margin expansion reflects better operating leverage and a shift toward higher-margin business segments. The brokerage highlighted the company’s expansion in the CDMO (Contract Development and Manufacturing Organisation) and formulation businesses as key growth drivers. These segments have helped mitigate volatility in other parts of the business and contributed to improved profitability. Motilal Oswal noted that Laurus’s strategic investments in capacity creation over the past few years have positioned it to capture opportunities from global innovator clients. The firm expects the company’s new capacities to stabilize and improve utilization, further enhancing margins through operating leverage. Laurus Labs is transitioning toward a more diversified business model, reducing reliance on any single therapy or geographic market. The brokerage anticipates sustained earnings growth in the medium term, fueled by the scaling up of high-value CDMO projects and progress in the formulations business. Motilal Oswal projects that the company will close fiscal year 2026 with a profit after tax (PAT) of Rs 8.5 billion, supported by continued revenue momentum and margin resilience.#motilal_oswal #laurus_labs #cdmo #formulation_business #fiscal_year_2026
