๐ฆ๐๐ผ๐ฐ๐ธ ๐ฅ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป๐ ๐๐ผ๐ฟ ๐๐๐ป๐ฒ ๐ด, ๐ฎ๐ฌ๐ฎ๐ฒ ๐ช๐ฒ๐ฒ๐ธ
Motilal Oswal Wealth Management Research Desk has recommended two stocks for the week starting June 8, 2026. The brokerage shared target prices and expected upside.
Shriram Finance
- Current price: Rs 923
- Target: Rs 1,175
- Upside: 27%
Shriram Finance works as a retail-focused finance company. It has a wide presence in rural and semi-urban markets. The company offers vehicle finance, MSME loans, and gold loans. A strategic partnership with MUFG includes a capital infusion of about USD 4.4 billion for a 20% stake. The company expects borrowing costs to drop by about 1% over the next 2 to 3 years. This will come from rating upgrades, liability repricing, lower deposit rates, and better access to debt markets. The company plans to expand in northern, central, and eastern markets. Analysts expect AUM and PAT to grow at 17% and 26% CAGR from FY26 to FY28.
Cummins India
- Current price: Rs 5,794
- Target: Rs 6,600
- Upside: 14%
Cummins India reported strong results in FY26. Power generation revenue grew 24%. Distribution revenue grew 22%. Data centers drove 30% to 35% of power generation revenue. Growth will come from data center investments, manufacturing demand, commercial demand, and the QSK60 platform. Aftermarket and service offerings will also help. The company is investing in capacity upgrades. It currently runs at 70% utilization. Analysts raised FY27 and FY28 estimates by 4% and 7%. Analysts expect revenue, EBITDA, and PAT to grow at 18%, 20%, and 21% CAGR from FY26 to FY28.