Investors looking for promising opportunities should consider the latest stock recommendations for May 4, 2026. According to Motilal Oswal Wealth Management, two standout stocks are Granules India and UltraTech Cement. Both companies have demonstrated resilience and growth potential in their respective sectors.
Top Stocks to Buy: Granules India
Granules India has shown impressive performance indicators in recent quarters. The company achieved a revenue beat of approximately 6% at the EBITDA and PAT levels. This growth is primarily attributed to the significant increase in its finished dose forms (FDF) and active pharmaceutical ingredients (APIs).
Key Performance Metrics
- Current Market Price: ₹701
- Target Price: ₹820
- Potential Upside: 17%
A noteworthy development is the complex generics segment, which now accounts for 46% of total revenue, up from around 39% YoY. Additionally, Granules’ European operations have experienced a remarkable 49% YoY growth, further enhancing its market diversification.
The company’s Contract Development and Manufacturing Organization (CDMO) segment is also gaining traction. Recent results show Senn Chemicals hitting EBITDA break-even, contributing to Granules’ optimistic outlook. Predictions for FDF growth stand at a 15% compound annual growth rate (CAGR) from FY26 to FY28, fueled by strong growth in the formulation sector.
Top Stocks to Buy: UltraTech Cement
UltraTech Cement reported substantial growth in its fourth quarter of FY26. Key financial metrics showed a year-on-year increase of 12% in revenue, 21% in EBITDA, and 20% in adjusted PAT. Better cost control has allowed the company to enhance its margins despite fluctuating input costs.
Key Performance Metrics
- Current Market Price: ₹1,159
- Target Price: ₹1,380
- Potential Upside: 19%
UltraTech Cement has marked a milestone by surpassing 200 million tonnes per annum (mtpa) in domestic grey cement capacity, the largest outside of China. The integration of recently acquired assets like India Cements and Kesoram has been completed ahead of schedule, improving operational efficiency.
Looking forward, UltraTech is well-positioned to capitalize on the anticipated growth in infrastructure, rural demand, and housing markets. The company’s management has projected an annual capital expenditure of ₹80 to 100 billion and aims to increase its capacity to almost 240 mtpa by FY28. Additionally, they plan to maintain a net debt to EBITDA ratio below 1x.
Conclusion
Both Granules India and UltraTech Cement present appealing investment opportunities for those interested in the stock market. With a mix of strong growth metrics and strategic advancements, these companies are shaping up to be leaders in their sectors over the coming years.
Investors should conduct their own due diligence or consult with a financial advisor before making investment decisions.
