Now Reading: Motilal Oswal retains buy on Cera, Power Grid, and others after Q1 results
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Motilal Oswal retains buy on Cera, Power Grid, and others after Q1 results
Motilal Oswal retains buy on Cera, Power Grid, and others after Q1 results
Motilal Oswal Financial Services has retained a positive rating on Cera Sanitaryware, GE Vernova T&D India, Power Grid Corporation, Power Finance Corporation, and several other stocks after reviewing their June-quarter results. The…
The Story in Brief
Motilal Oswal Financial Services has retained a positive rating on Cera Sanitaryware, GE Vernova T&D India, Power Grid Corporation, Power Finance Corporation, and several other stocks after reviewing their June-quarter results. The brokerage cited strong execution, healthy order visibility, and long-term growth opportunities supported by India's infrastructure and energy-transition investments as key reasons for its stance.
Among the five stocks covered in a separate report, the highest potential upside is estimated 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%. Motilal Oswal retained its 'buy' call on these stocks despite varying near-term challenges, pointing to demand recovery and robust order books.
The Indian Opinion
Brokerage reports often paint a rosy picture, but the real test for these stocks lies in sustained demand from the housing and power sectors. Cera Sanitaryware's premiumisation strategy and Power Grid's execution on transmission projects will be the key metrics to watch in the coming quarters. The question is whether the projected earnings growth will materialise amid rising competition and input cost pressures.
Sources (2): ndtvprofit.com, ndtvprofit.com (2)
This story was synthesised by AI from the 2 sources linked above.
