Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 4, 2025) are Suzlon, and Bharat Electronics. Let’s take a look:
SuzlonSuzlon’s outlook remains robust with expected order inflows of ~4GW in FY26, including ~1.5GW from NTPC, taking the potential order book to ~6.5GW by FY26-end. The EPC share is set to rise from ~20% to ~50% over the medium term, improving execution visibility. The Ministry of New and Renewable Energy’s local content mandate, effective July 31, 2025, requires domestic sourcing of key turbine components, enhancing Suzlon’s competitive position given its integrated manufacturing base. The gradual phase-out of Inter-State Transmission System (ISTS) waivers should aid smoother project execution. Proactive land acquisition and EPC expansion strengthen readiness for upcoming opportunities. Further, a projected 30–35 day improvement in the cash conversion cycle will bolster balance sheet strength, free cash flow generation, and sustainable RoEs, positioning Suzlon well for medium-term growth.Bharat ElectronicsBEL posted a 25% YoY PAT growth to INR9.7b in Q1FY26, led by strong margin performance—gross margin at 53.2% and EBITDA margin expanding 580bps to 28.1%. This, coupled with a favourable mix & disciplined execution, drove a 16% PAT beat. With a record-high order book of INR749b and Q1 inflows of INR76b (+53% YoY), BEL is strategically positioned to benefit from high-value defense programs like QRSAM (INR250b), MF-STAR radar, LCA Mk1A, & electronic warfare systems. Execution of multiple large-scale projects in FY26 is expected to support BEL’s targeted >15% revenue growth. Export prospects and indigenisation-led orders further enhance its long-term revenue visibility. We estimate revenue/EBITDA/PAT CAGR of 18%/17%/17% over FY25–28E.Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
