5 Stocks to Watch in 2026: Tata Steel, Eicher Motors, and More
5 Stocks to Watch in 2026: Tata Steel, Eicher Motors, and More
Brokers and financial analysts are bullish on several Indian stocks for the year 2026, predicting significant returns. Citi, Motilal Oswal, Elara Capital, Goldman Sachs, and Nuvama have all issued buy recommendations with promising target prices. Here’s a detailed look at these stocks and their potential upside.
Citi on LIC Housing Finance
Citi has issued a strong Buy recommendation for LIC Housing Finance, setting a target price of ₹730 compared to the current market price of ₹521. This implies a potential upside of around 40%. The brokerage believes that the company’s robust financials and strong market position will drive its growth in the coming years.
Motilal Oswal on Tata Steel Ltd
Motilal Oswal has maintained a Buy rating on Tata Steel Ltd, with a target price of ₹240 against the current market price of ₹209. This suggests a potential upside of about 14%. The brokerage is bullish on Tata Steel due to its strong operational performance and the anticipated recovery in the steel sector.
Elara Capital on Safari Industries Ltd
Elara Capital has reiterated its Buy call on Safari Industries Ltd and raised the target price to ₹3,248 from ₹3,111. The stock is currently trading at ₹1,803, indicating a potential upside of nearly 80%. Elara Capital is optimistic about Safari Industries’ growth prospects, driven by its innovative products and expanding market presence.
Goldman Sachs on Eicher Motors
Goldman Sachs has maintained a Buy rating on Eicher Motors and increased its target price to ₹9,200 from ₹8,600. At the current market price of ₹8,013, this suggests a potential upside of around 14%. The brokerage is confident in Eicher Motors’ ability to capitalize on the growing demand for commercial vehicles and its strong brand reputation.
Nuvama on Infosys Ltd
Nuvama has recommended a Buy on Infosys with a target price of ₹1,900 compared to the current market price of ₹1,373, implying a potential upside of about 38%. Nuvama believes that Infosys will continue to benefit from its strong client relationships, robust digital transformation capabilities, and consistent revenue growth.
Conclusion
These brokerage recommendations highlight the potential for significant returns in the Indian stock market in 2026. Investors looking to capitalize on these opportunities should consider the robust financials and growth prospects of these companies. However, it is always advisable to conduct thorough research and consult with financial advisors before making investment decisions.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
