Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting July 7, 2025) are INOX Wind, and Coforge. Let’s take a look:
INOX WindINOX Wind Ltd (IWL), a leading integrated wind OEM in India, offers end-to-end solutions from turbine manufacturing to project execution & O&M. Backed by 2.5GW capacity & a robust 3.2GW order book, it is well-positioned to benefit from India’s plan to double its wind capacity to 100GW by 2030. Wind Turbine Generators (WTG) ramp-up & O&M scale-up are underway, supported by a 1,500MW turnkey order & growing repeat business. Its subsidiaries IGESL (O&M, 5.1GW portfolio) & IRSL (EPC, now diversifying into solar/hybrid/crane services) enhance group synergies. Backed by policy tailwinds & a new 4MW turbine pipeline, we estimate 48% revenue & 38% EBITDA CAGR over FY25–28. Strong visibility, clean balance sheet, & execution momentum support a long-term structural growth story.CoforgeWe reiterate our BUY on Coforge, supported by a robust executable order book of USD 1.5b (+47% YoY) and strong traction in BFSI and transportation, both growing over 20% YoY in FY25. The company is on track to achieve its USD 2b revenue target by FY27, aided by organic growth, Cigniti-led cross-sell, and the landmark USD 1.6b Sabre deal. Cross-currency gains and broad-based client momentum across BFSI and Insurance (~48.5% of revenue) further enhance visibility. Margins are set to expand, with one-offs behind and tailwinds from delivery mix and lower ESOP costs; management is targeting 18% EBITDA margin by FY27. Margin improvement is already visible, with EBIT margin rising to 14% in 1QFY26.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.
