Stock Market Recommendations for the Week

According to Motilal Oswal Financial Services Ltd, the top stock picks for the week starting March 24, 2025, are Amber Enterprises and Kirloskar Oil. Let’s delve into why these stocks stand out.

Amber Enterprises: A Growth Powerhouse

Amber Enterprises is a leading Indian contract manufacturer for RAC and components, with growing capabilities in EMS. The company has seen a significant revenue growth of 65% YoY in Q3FY25, driven by RAC & electronics. With ongoing capacity expansion and a strategic JV with Korea Circuit, Amber is poised for future growth, supported by government initiatives in domestic manufacturing and potential incentives for electronics.

Kirloskar Oil: Stabilizing Demand and Growth

Kirloskar Oil is expected to benefit from a stabilization in demand from FY26, with industrial volumes reaching 36-38k units in Q4. The company’s focus on mid to high kVA powergen segments, new industrial areas, and improved distribution touchpoints is anticipated to drive growth. KOEL’s strategic moves are expected to result in a 17%/19% CAGR in EBITDA/PAT, with EBITDA margins expanding to 13% by FY26.

Disclaimer: The opinions, analyses, and recommendations expressed herein are those of the 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.