The month of March may prove to be encouraging for investors. The research team of Motilal Oswal has identified five best stocks for March 2026, in which investors are likely to get good returns.
Business News: There is a possibility of major upheaval in the Indian stock market in the month of March. On the occasion of Holi, many stocks are ready to give huge returns to investors. If you are also thinking of buying shares at this time, then it can be beneficial to bet on such shares which have more chances of getting good returns. However, it is challenging to research and choose the right option among the thousands of listed shares in the Indian stock market.
Brokerage firm Motilal Oswal has taken steps to solve this problem. Motilal Oswal’s team in collaboration with Jagran Business has shared the list of selected stocks for the month of March. Buying these shares suggested by experts can prove profitable for investors. Motilal Oswal has suggested the names of a total of 5 such stocks, which are likely to give good returns in March. Investors can decide their strategy by looking at the shares included in this list.
Motilal Oswal’s five top picks for March
Motilal Oswal in his research has described these stocks as the most attractive for investment in March. This list is special for those investors who want to invest in stocks with high return potential.
MTAR Technologies
- Current Price: ₹3,821
- Target price: ₹4,810
According to Motilal Oswal, MTAR Technologies is playing a key role in the rapidly growing market of AI-powered global data centers through its ten-year-old Bloom Energy partnership. The company supplies high-tech hot box assembly, which helps in increasing wallet share in the market. This coupled with the strategy that prioritizes fast and reliable power deployment amid the constraints of a hyperscale grid makes it attractive for investment.
Polycab
- Current Price: ₹8,606.50
- Target price: ₹9,600
Polycab is showing strong structural growth in its cable and wire business. Large distribution network, calibrated pricing strategy and strong channel relationships under Project Spring are giving it an edge in the market. Despite volatility in copper prices, inventory build-up normalized in 3QFY26 and margin recovery is likely due to better demand. Polycab is strategically positioned due to improving profitability in the FMEG segment and growing export opportunities under the China+1 theme.
Lenskart
- Current Price: ₹533.10
- Target price: ₹600
Lenskart has created a vertically integrated omnichannel eyewear ecosystem that is different and unique from other companies in India. Its centralized automated manufacturing, in-house frame and lens production, and technology-based supply chain make it cost-efficient and fast in operation. The company is continuously expanding, scaling internationally and is positioned to drive growth and margin expansion due to better mix and increasing repeat purchases.
Credit Access Grameen
- Current Price: ₹1,266.80
- Target price: ₹1,600
Credit Access Grameen is now entering a new growth cycle from the stress-repair phase. Better asset quality trends and structurally diversified portfolio are strengthening it. In Karnataka, some headwinds have moderated and credit costs have come down due to improvement in PAR, which has helped margin recovery.
Britannia Industries
- Current Price: ₹6,000
- Target price: ₹7,150
Britannia is focusing on strengthening brand equity and distribution network. The company is set to benefit from the normalization of GST in LUP pricing as well as improvement in consumption trends. 3QFY26 revenue grew 9.5% to ₹48.8 billion despite a slight trade disruption in October. Demand grew by about 12% in November-December, including volume growth in biscuits and other products.
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