Motilal Oswal March 2026 Pick: The stock market could see major swings in March. Many stocks are poised to deliver substantial returns during the Holi season. If you're considering buying shares, you should invest in stocks with a high potential for returns. However, finding and researching a select few among the thousands of stocks listed on the Indian stock market can be difficult.
Brokerage firm Motilal Oswal has solved this problem. The Motilal Oswal team has shared a list of selected stocks for the month of March with Jagran Business. Buying stocks recommended by a brokerage firm or expert can be profitable. Brokerage firm Motilal Oswal has suggested five stocks that could provide good returns in March. Let's find out which stocks are included in the list.
Motilal Oswal picks 5 best stocks for the month of March
The research desk of Motilal Oswal Financial Services shared with Jagran Business a list of the top 5 stocks for March that could deliver strong returns. Let's explore the names on this list.
- MTAR Technologies
- Polycab
- Lenskart
- Credit Access Grameen
- Britannia Industries
What is the target price of these shares?
| serial number | Name of shares | Current Price | Target Price |
| 1 | MTAR Technologies | Rs 3821 | Rs 4810 |
| 2 | Polycab | Rs 8606.50 | 9600 rupees |
| 3 | Lenskart | 533.1 rupees | 600 rupees |
| 4 | Credit Access Grameen | Rs 1266.80 | 1600 rupees |
| 5 | Britannia Industries | 6000 rupees | 7150 rupees |
What does Motilal Oswal's analysis say on these stocks?
Regarding MTAR Technologies, Motilal Oswal said it is strategically positioned to play a key role in the rapid growth of AI-powered global data centers through its ten-year partnership with Bloom Energy, which supplies essential hot box assemblies and has a high wallet share. Hyperscale prioritizes fast and reliable power deployment amid grid disruptions.
Regarding Polycab , Motilal said that Polycab is demonstrating strong structural momentum in its cables and wires business, supported by consistent market share gains from a large distribution network, a calibrated pricing strategy, and strong channel relationships under Project Spring. The inventory build-up in 3QFY26 due to volatility in copper prices recovered sharply in January as demand improved, and full cost pass-through is likely to aid margin recovery.
The Polycab FMEG segment remains a strategic growth driver with improving profitability, while export opportunities are expanding under the China+1 theme. A healthy balance sheet and strong cash flow support continued growth visibility and efficient capital deployment.
Lenskart Solutions has built a unique, vertically integrated omnichannel eyewear ecosystem in a highly under-penetrated market. Its centralized automated manufacturing, in-house frame and lens production, and technology-driven supply chain deliver structural cost and execution advantages.
With continued expansion in India, deliberate scaling internationally, improved mix and increasing repeat purchases, Lenskart is poised for continued growth and margin expansion.
Credit Access Grameen is moving from the stress-repair phase into a new growth cycle, supported by improved asset quality trends and a structurally diversified portfolio mix. Issues related to Karnataka have largely normalized, and PAR increases are easing, which will significantly reduce credit costs, supporting margin recovery.
On Britannia Industries, Motilal Oswal said Britannia is focused on strengthening brand equity and distribution intensity, and is positioning itself to benefit from GST-induced normalisation in LUP pricing and improving consumption trends. Despite a brief disruption in trade in October, 3QFY26 revenue grew 9.5% YoY to INR48.8b, and demand grew ~12% in November-December, led by strong volume growth in biscuits and adjoining segments.
Read More: US Market: US markets saw a sharp decline, AI tensions weighed on investors.
--Advertisement--
Share



