Top stocks to buy: Stock recommendations for March 2, 2026 week - check list
Times of India
by TOI BUSINESS DESKMarch 2, 2026
AI-Generated Deep Dive Summary
Motilal Oswal Financial Services has identified Siemens Energy and Polycab as top stock recommendations for the week starting March 2, 2026. Both companies are poised for growth, with target prices of ₹3,600 and ₹996 respectively, offering upside potentials of 24% and 13%. Siemens Energy benefits from strong demand in transformers and energy transition trends, while Polycab continues to expand its market share in cables and wires.
Siemens Energy is well-positioned to capitalize on domestic and global T&D capex cycles, driven by rising transformer demand. The company's revenue grew 26% YoY, with EBITDA margins improving to 24.1%. A strong order backlog and projected CAGR growth make it a standout investment.
Polycab has gained market share through its premium products and robust distribution network, despite temporary margin pressures from inflation. With stabilizing raw material prices and strong demand, Polycab is expected to achieve high revenue and earnings growth over the next three years.
These recommendations highlight opportunities in India's industrial and energy sectors, reflecting broader trends in global markets. Investors should consider these stocks for potential gains driven by infrastructure development and energy transitions.
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Originally published on Times of India on 3/2/2026