Motilal Oswal picks 5 top stocks to invest in 2026: Bharti Airtel, SBI, HCL Tech, Zomato and TVS Motor. Investors can earn good returns in these companies with strong earnings and stable growth prospects.
2026 Stocks: The year 2025 has been a volatile one for the Indian domestic stock market. During this period, investors took advantage of many opportunities and at times also faced market uncertainty. Now in the new year 2026, investors will focus on those companies which can give good returns with better earnings and stable growth.
Brokerage firm Motilal Oswal Financial Services has identified five such stocks for 2026, which appear to have strong earnings potential. The brokerage believes that 2026 may not be a year of bullish market but a year of improvement in earnings and stable growth. Let us know about these stocks in detail.
1. Bharti Airtel
Motilal Oswal picks Bharti Airtel as top stock for 2026. The firm estimates that the company’s consolidated revenue could grow by about 15 percent annually between fiscal years 2025 and 2028. EBITDA is also likely to increase by about 18 percent annually.
The brokerage has set the target price of Bharti Airtel shares at Rs 2,365. According to the current price, this represents an increase of about 12 percent. The company’s strong network capacity and expansion of digital services have made it attractive for investors.
2. State Bank of India (SBI)
The brokerage firm has also included the country’s largest bank State Bank of India in its stock pick for 2026. The target price for SBI has been kept at Rs 1,100, which is about 14 percent above the current price.
The firm expects the company’s RoA to be around 1.1 percent and RoE to be around 15.5 percent in FY 2027. The bank’s strong balance sheet, growing customer base and digital banking services have further strengthened investor confidence.
3. HCL Technologies
HCL Technologies has been selected by the brokerage as a strong IT stock. The company has specialized experience in IT Services and Engineering Research and Development. HCL’s AI based solutions have received good initial response.
Based on these factors, Motilal Oswal has kept the target price of HCL Tech at Rs 2,150. This represents an increase of approximately 29 percent compared to the current price. The company’s strong technology platform and new AI projects make it different from large cap IT companies.
4. Eternal (Zomato)
The brokerage firm has also described the shares of Eternal or Zomato as attractive. Due to continued investment in the company and gradual improvement in EBITDA margin, it can give good returns to investors.
The brokerage has set the target price of Zomato at Rs 410, which is about 46 percent above the current price. The firm believes that the company’s growth model and strong business operations will be beneficial to shareholders in the long term.
5. TVS Motor
TVS Motor has been considered a strong stock for 2026 in the auto sector. The company’s performance remains better in the auto industry. The strength in TVS Motor shares can be seen due to festive demand, GST reform and increasing market share in two-wheeler and EV segments.
Apart from this, the company’s exports are also strong. TVS Motor is seeing good growth especially in Africa and Latin America. Based on these factors, the brokerage has kept the target price of TVS Motor at Rs 4,159, which is about 14 percent more than the current price.
Comments are closed.