Motilal Oswal Issues 'Buy' Ratings for Coal India, BEL, and IGL
What happened
Motilal Oswal Financial Services Limited rated Coal India, Bharat Electronics, and IGL stocks as Buy, indicating potential upside of 33%, 38%, and 18%, respectively. These ratings were issued ahead of the second quarter of financial year 2026-27 results for the three Public Sector Undertakings. Analysts expect Bharat Electronics revenue to grow 16%, IGL volumes to rise 6%, and Coal India production to remain muted.
From livemint.com
Why it matters
The analyst ratings provide positive market sentiment for the three companies, which are all major Indian Public Sector Undertakings. For Bharat Electronics, the growth is expected to be led by a ₹720 billion order book, though margins are projected to fall by 170 basis points year-over-year.
From livemint.com
Who's involved
- Coal IndiaIndian state-owned company receiving a 'Buy' rating from Motilal Oswal.
- Bharat ElectronicsDefense PSU receiving a 'Buy' rating with a 38% upside potential.
- IGLGas distribution company receiving a 'Buy' rating with an 18% upside potential.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Motilal Oswal's strong stock ratings may prompt Goldman Sachs reviewMotilal Oswal's strong stock ratings may prompt Goldman Sachs reviewPossible
- Motilal Oswal's 'Buy' ratings may boost ICICI Bank's risk assessmentImproved market confidence in Bharat Electronics may positively influence ICICI Bank's risk assessment.Possible
- IGL's positive rating may lift market confidence for GAILPositive analyst focus on IGL may boost investor confidence in the gas distribution sectorPossible
Keep exploring
The entities involved
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Coal India
Indian state-owned company
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Bharat Electronics
business enterprise
Nothing else this week.
- IGL