Market Outlook: Motilal Oswal Identifies Key Investment Opportunities for the Week of August 24, 2026
As investors look to navigate the shifting currents of the market, the research desk at Motilal Oswal Wealth Management has unveiled its latest stock recommendations for the week commencing August 24, 2026. Highlighting a mix of growth-oriented manufacturing and financial services, the firm has pointed toward Crompton Greaves and ICICI Prudential AMC as potential outperformers.
Crompton Greaves: Strategic Expansion and Margin Focus
Crompton Greaves has emerged as a top pick, with analysts projecting a significant upside of 35% from its current market price (CMP) of Rs 252, setting a target of Rs 340.
The company is currently in a phase of aggressive transformation, targeting a revenue CAGR of 13–14% through FY29, with an ambitious goal to double its revenue by FY31. A key pillar of this strategy is the expansion of its Total Addressable Market (TAM), which has effectively doubled from Rs 0.8 trillion to Rs 1.6 trillion. By venturing into adjacent categories such as solar energy, water purifiers, and wiring, and accelerating new product development (NPD), Crompton is diversifying its revenue streams. In FY26 alone, the company launched 211 new products, which now contribute 17% to its total revenue.
Despite headwinds from commodity inflation and supply chain disruptions, Crompton showed resilience in 1QFY27, posting a 12% growth in revenue and a 17% jump in EBITDA. Analysts anticipate a steady CAGR of 13% for revenue and 21% for PAT through FY28.
ICICI Prudential AMC: Capitalizing on India’s Financialization
ICICI Prudential AMC remains a dominant force in the Indian mutual fund industry. With a Quarterly Average Assets Under Management (QAAUM) of Rs 11.2 trillion and a market share of 13.4%, the firm is well-positioned to benefit from the ongoing retail participation in equity markets.
Motilal Oswal has placed a target of Rs 3,800 on the stock, representing a 16% upside from its CMP of Rs 3,281.
A primary growth driver for the company is its “Alternatives” business, which is expanding at a 50% CAGR (FY23–26). Currently contributing approximately 10% of operating revenue, this segment—along with Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs)—offers superior monetization potential with net yields of 95 basis points. With a healthy pipeline of opportunities in passive funds and expansion into GIFT City, the AMC is projected to maintain a steady earnings growth of 15% CAGR through FY28.
Summary of Recommendations
| Stock Name | CMP (Rs) | Target (Rs) | Upside (%) |
|---|---|---|---|
| Crompton Greaves | 252 | 340 | 35% |
| ICICI Prudential AMC | 3,281 | 3,800 | 16% |
Disclaimer: The recommendations and views provided by financial experts and analysts are their own and do not necessarily reflect the official position of the publishing outlet. Investors are advised to conduct their own due diligence or consult with a certified financial advisor before making any investment decisions.
