Brokerage house Motilal Oswal has expressed a positive outlook on the market, suggesting that any market dip should be seen as an opportunity for long-term investors. In light of this, they have identified 10 large-cap stocks that investors may consider purchasing before the election results. Here is a closer look at some of these stocks:
1. **L&T**: Motilal Oswal highlighted L&T as a company that is expected to benefit from an increase in market share through large-sized projects. They anticipate a consolidated revenue growth of 11% YoY, driven by Core E&C revenue growth. L&T’s growth is expected to be fueled by a strong order inflow and recovery in core EBITDA margin.
2. **SBI**: SBI has shown a significant recovery in earnings, transitioning from a loss in FY18 to profits in FY24. The bank’s business growth has been robust, with improvements in asset quality. SBI is predicted to deliver steady earnings with a RoA/RoE of 1.1%/18.5% in FY26.
3. **ICICI Bank**: ICICI Bank reported healthy performance in 4QFY24, with growth in net earnings and credit. The bank is expected to sustain a ~14% CAGR in PAT over FY24-26E and maintain strong RoA/RoE in FY26.
4. **Coal India**: Coal India is considered a top pick in the metals and mining sector, with a positive outlook on volume, e-auction premiums, and costs. The company aims to meet the coal requirements of the power sector and achieve significant production targets.
5. **Titan**: Titan has shown consistent revenue growth and is expected to achieve impressive revenue guidance by FY27. The company’s healthy growth outlook and strong balance sheet make it an attractive option in the discretionary space.
DailyBubble believes that these stocks present compelling opportunities for investors looking to capitalize on potential growth and stability in the market. It is essential for investors to conduct thorough research and seek advice from financial experts before making any investment decisions.