According to reports from NDTV Profit, Motilal Oswal Financial Services has conducted detailed analysis of seven companies following their June-quarter earnings performance. The brokerage identified distinct growth drivers across specialty chemicals, consumer products and industrial gases while maintaining a constructive medium-term outlook on all three stocks. Despite near-term challenges in certain segments, all companies remain well positioned to capitalise on industry-specific opportunities including export recovery, premiumisation, capacity expansion and rising industrial demand.
As reported by NDTV Profit, Motilal Oswal has reiterated its Neutral rating on Vodafone Idea with a target price raised to ₹11 after Q1 FY27 performance came in ahead of estimates. Pre-Ind AS EBITDA rose 13.5% YoY to ₹2,480 crore, aided by an improving subscriber mix and lower network operating expenses, while customer ARPU increased to ₹195 with a 2.6% quarter-on-quarter improvement. The brokerage's positive stance reflects the telecom operator's operational improvements and cost management initiatives, though it maintains a cautious neutral outlook given the competitive telecom landscape. However, the company reported net customer additions turned positive for the first time since the merger, though customer wireless subscribers (ex-M2M SIMs) declined by 1.7 million compared to -1.1 million in Q4 FY26, which remains a key concern.
As reported by Motilal Oswal's latest research report dated August 10, 2026, the brokerage has reiterated its Sell rating on Fine Organic Industries with a target price of ₹4,510. The brokerage sees 10% downside from the current levels of ₹5,028. Fine Organic Industries posted a strong operating performance with EBITDA growth of 42% YoY, primarily driven by gross margin expansion of 500bp YoY to 45.4%. However, the brokerage remains bearish citing near-term operating performance challenges likely to reflect evolving demand conditions, macroeconomic uncertainties, supply chain dynamics, raw material costs, and capacity availability across manufacturing facilities. The stock currently trades at ~31.3x FY28E EPS and ~23.5x FY28E EV/EBITDA, with the brokerage valuing it at 28x FY28E EPS to arrive at the target price.
According to Moneycontrol, Motilal Oswal has reiterated its Buy rating on Cello World with an unchanged target price of ₹480, implying a potential upside of about 33% from the current market price of ₹360. The brokerage remains bullish despite muted Q1 FY27 performance, where Cello World reported EBITDA declining 9% YoY, impacted by higher input costs, lower scale of operations at its steel bottle manufacturing unit due to non-availability of imported inventory, and subdued consumer demand across categories. However, the company undertook price hikes across key product categories to mitigate input cost impact, driving sequential expansion in gross margins from ~47% to ~52%. The brokerage continues to value the stock at 23x P/E on FY28E EPS, arriving at the target price of ₹480.
As reported by NDTV Profit, Motilal Oswal has maintained its Buy rating and retained its target price at ₹380, indicating a potential upside of about 29% from the current market price of ₹296. The brokerage has also raised its FY27 and FY28 earnings estimates by 10% and 7% respectively, following a strong Q1 performance. Ellenbarrie Industrial Gases delivered exceptional Q1 FY27 results with EBITDA growing 23% YoY to ₹376 million and EBITDA margins expanding to 38.1% from 36.7% in Q1 FY26, driven primarily by improved operating efficiencies at the new plant, disciplined cost-control measures, and a modest benefit from higher Argon prices. The brokerage has raised its FY27/FY28 earnings estimates by 10%/7% respectively, backed by the strong performance and EBITDA margin guidance, with the target price based on 30x FY28E EPS.
According to latest reports from NDTV Profit, Motilal Oswal has issued new recommendations for three additional companies following their Q1 FY27 results. The brokerage has maintained its Buy rating on Fusion Finance with a target price of ₹260, implying a potential upside of 27%. Fusion Finance delivered a steady Q1 FY27 performance marked by healthier portfolio quality and operating metrics, with stronger underwriting and collections supporting credit cost moderation. The brokerage has also reiterated its Neutral rating on KPR Mill with a target price of ₹1,200, implying a potential upside of 10%. KPR Mill is well-positioned to benefit from its leadership in the Indian textile and apparel industry, supported by the largest garmenting capacity among listed peers, with the brokerage modeling revenue, Ebitda, and PAT CAGR of 13%, 20%, and 20% respectively over FY26-28. Additionally, Motilal Oswal has maintained its Buy rating on Shaily Engineering with a target price of ₹4,074, implying a potential upside of 21%.
