Top stocks to buy: Stock recommendations for today
Stock market recommendations: Lenskart, and Happy Forgings have been recommended as the top stocks to buy for the week starting September 21, 2026 by Motilal Oswal Wealth Management Research Desk.
Today, Motilal Oswal Wealth Management Research Desk has recommended two stocks for investors to consider purchasing: Lenskart and Happy Forgings.
Lenskart's strong competitive advantages in the retail sector, including centralized manufacturing, deep backward integration, and a wide omnichannel network, contribute to its growth potential. With sub-10-month store payback and 33%+ store EBITDA margins, Lenskart is well-positioned for expansion to approximately 4,500 India stores by FY29, adding around 1,900 stores between FY26 and FY29.
The brokerage expects international pre-Ind AS EBITDA margin to reach 10.5% in Q1FY27, ahead of their initial FY28E assumption of 9.2%, thanks to robust free cash flow generation.
Happy Forgings, on the other hand, has an impressive INR9.5 billion incremental order book expected to drive growth over FY27-29. PVs and industrials make up around 70% of this order book, with their share anticipated to increase to 45-50% over the medium term. As PVs and industrials currently contribute 24% of revenue, sustainable margin expansion is expected as realizations improve and business mix becomes more favorable.
The brokerage projects 25% revenue, 28% EBITDA, and 30% PAT CAGR for Happy Forgings over FY26-29, with margins expanding from the current 31% to 33% by FY29.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
