Quick Summary : Motilal Oswal has shared two stock ideas. One company sells jewellery. The other gives loans. Both companies are improving their business slowly and safely. This is why the brokerage feels positive about them.
Two Simple Stock Picks Motilal Oswal : India’s well-known brokerage Motilal Oswal Financial Services believes that some companies grow better when they focus on stability instead of fast and risky growth. Two such companies are Kalyan Jewellers and IIFL Finance.
Kalyan Jewellers: Growing Step by Step
Motilal Oswal has given a ‘Buy’ rating on Kalyan Jewellers. Earlier, the company had limited reach. Now, it is opening more stores through franchises. This helps the company grow faster without spending too much money. Kalyan Jewellers is also doing better in North and West India, not just the South. More customers are coming in. Profits are improving slowly. Debt is also reducing.
Kalyan Jewellers – Key Details (As per Motilal Oswal)
- Stock Name: Kalyan Jewellers
- Brokerage: Motilal Oswal
- Rating: Buy
- Target Price: ₹600
- Upside Potential: Around 58%
- Sector: Jewellery Retail
IIFL Finance: Less Risk, More Safety
The second stock is IIFL Finance. Earlier, IIFL gave many unsecured loans. These loans were risky. Now, the company has changed its plan. It is focusing more on gold loans and home loans, which are safer. Growth may be slower, but the business is now more stable. Motilal Oswal likes this safe approach.
IIFL Finance – Key Details (As per Motilal Oswal)
- Stock Name: IIFL Finance
- Brokerage: Motilal Oswal
- Rating: Buy
- Target Price: ₹720
- Upside Potential: Around 40%
- Sector: Financial Services
Conclusion
Kalyan Jewellers and IIFL Finance are not rushing for quick growth. They are fixing their business slowly. This makes them suitable for investors who think long term and prefer safety.
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