Motilal Oswal has issued a Buy rating on CEAT Ltd. with a target price of ₹4,228 in its research report dated May 26, 2026. The brokerage met with CEAT management at the annual RPG Conference and outlined a roadmap for Camso integration, highlighting key growth drivers and potential for the business to achieve 20-25% EBITDA margin over the coming years. The company expects to clock a CAGR of ~11%/12%/13% in revenue/EBITDA/PAT over FY26-28, though near-term margins may face pressure due to raw material price increases.
Market experts recommend Hold for Hitachi Energy India Ltd. trading at ₹36,384. According to Swati Hotkar, AVP Technical Research at Nirmal Bang, the stock has very strong cluster support at ₹34,000 and is expected to bounce back towards ₹35,000. The recommendation suggests holding for long positions with a stop loss of ₹34,300.
For Aarti Pharmalabs Ltd. trading at ₹703.00, experts recommend Hold with a cautious short-term outlook. As reported by Swati Hotkar, the stock faces very strong resistance near ₹758 levels but maintains a positive long-term view. The counter can potentially reach ₹840 levels over one to two years, with a recommended stop loss of ₹670 at previous swing lows.
Union Bank of India Ltd. at ₹166.90 receives a Hold recommendation based on technical analysis. According to Swati Hotkar, the stock has given an inverse head and shoulder pattern breakout, indicating strong momentum potential. The target levels could extend to ₹300, making it suitable for long-term positions with patience.
Sameer Dalal from Natverlal & sons Stockbrokers provides specific banking sector insights. For Bank of Maharashtra at ₹80.11, he recommends Hold citing exceptional Q4 performance, though valuations may be limited for capturing returns. For short-term trading, he suggests booking profits and investing where returns are more attractive.
G Chokkalingam, Founder & MD, Equinomics Research has issued a Buy rating on Techno Electric & Engineering Company Ltd. at ₹1,098.90. Despite results not meeting expectations due to material cost pressures rather than topline growth, Chokkalingam highlights the company's phenomenal prospects for medium to long-term growth. The company's combination of data centres and power infrastructure positions it well for long-term opportunities in the infrastructure sector.
Market experts provide mixed recommendations for other stocks. Sachin Janardan Sarvade, Independent Market Expert recommends Hold for Mangalore Refinery and Petrochemicals Ltd. (MRPL) at ₹151.35, citing a continuous lower-top lower-bottom formation pattern with a near-term target of ₹160. For Kaynes Technology India Ltd., he suggests Hold at ₹3,300 but warns against averaging down due to poor profit growth that doesn't justify current valuations. HCL Technologies Ltd. at ₹1,161 receives a Hold recommendation with an exit strategy when it reaches ₹1,100 levels.
