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Stocks To Watch Today: Coforge, Hero MotoCorp. L&T, M&M, Marico, Tata Tech, Sobha & More
Here's a look at stocks that are likely to be in focus during the trading session on Tuesday.
Worst may be behind for Trent, but Nuvama prefers DMart
Abneesh Roy, Executive Director at Nuvama Institutional Equities, highlights improving sentiment in FMCG, likely price hikes ahead, and selective opportunities across retail and consumption stocks such as Titan, V Mart, Page Industries, Bajaj Consumer Care and Marico.
Consumer goods cos upbeat as GST tailwinds lift volumes in March quarter
Consumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume recovery post-GST rationalization. Despite geopolitical tensions, companies are optimistic about continued consumption growth, with urban and rural markets showing convergence.
Marico shares rise after Q4 update; co says FY27 growth to be volume-led
Marico expects double-digit operating profit growth for the quarter, with sequential improvement, and reiterated its focus on delivering sustainable, profitable, volume-led growth over the medium term.
FMCG margins under pressure as crude rises, price hikes likely: Nuvama
Nuvama Institutional Equities' Executive Director Abneesh Roy says crude-led inflation in paints, edible oils, detergents and snacks, could force FMCG firms to raise prices by 2–3% in the June quarter. Packaging costs also remain a key pressure point. While near-term margins may tighten, strong wheat output and easing copra support companies like Nestle, Britannia and Marico.
FMCG to be stock-specific story, not broad rally: ICICI Securities’ Manoj Menon
Manoj Menon, Head-Research & Consumer Analyst at ICICI Securities, says the FMCG sector may not see broad-based gains as demand headwinds and competition weigh on earnings. He believes the space will be stock-specific, with strong players like Marico, Godrej Consumer and Tata Consumer outperforming. While input cost pressures remain a risk, he sees opportunities in select companies as consumption gradually recovers.
Morgan Stanley revises ratings and price targets of these three FMCG stocks; Details here
Nestle India is tracked by 40 analysts, of which only 13 have a "buy" rating, 10 have a "sell' rating, and 17 others have a "hold." On the flip side, majority of the analysts covering both Marico and Godrej Consumer, have a "buy" rating on the stock.
Tata Steel among 5 stocks that hit 52-week highs and rallied up to 10% in a month
Despite the Sensex plunging 1,236 points to 82,498, five BSE 100 stocks touched fresh 52-week highs. Indus Towers, Tata Steel, Eicher Motors, Bajaj Auto and Marico showed strong momentum, signaling investor confidence and potential for further upside amid broader market weakness.
Buy Marico; target of Rs 950: Motilal Oswal
Motilal Oswal is bullish on Marico has recommended buy rating on the stock with a target price of Rs 950 in its research report dated May 05, 2026.
Accumulate Marico; target of Rs 875: Prabhudas Lilladher
Prabhudas Lilladher recommended Accumulate rating on Marico with a target price of Rs 875 in its research report dated May 05, 2026.
Momentum Stocks: RITES, Haleon Labs, Drone Destination gain up to 11% on sheer momentum
Ather Energy, Krishna Institute, Marico, ACME Solar, Aegis Logistics, Cemindia Projects, Phoenix Mills, among others hit 52-week high.
Trade Spotlight: How should you trade Paytm, Marico, Aptus Value Housing, Lodha Developers, HDFC AMC, Electronics Mart India, and others on July 2?
The market may extend its upward journey, but sustainability will be the key factor to watch amid the ongoing range-bound trade. Below are some short-term trading ideas to consider.