Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting September 29, 2025) are State Bank of India (SBI), and Swiggy. Let’s take a look:
State Bank of India (SBI)SBI remains well positioned to benefit from its strong credit pipeline, diversified growth across retail and SME segments, and efficiency gains from digital and AI-led initiatives. Structural drivers such as a healthy deposit franchise, government capex momentum, and disciplined cost management continue to underpin its profitability outlook. Asset quality has stabilized, with GNPA at 1.83% and NNPA at 0.47%, supported by prudent underwriting. Recent performance reinforces this trajectory, with advances up 11.9% YoY and margins expected to improve from 2H on the back of CRR releases and easing deposit costs.We forecast FY27E RoA/RoE at 1.1%/15.5%, with earnings upgrades reflecting robust operating metrics and sustainable profitability.SwiggySwiggy is benefitting from easing competition in quick commerce (QC), with slower dark store expansion. With discounting intensity easing and sharper cost discipline, unit economics are improving, supporting a faster path to Instamart profitability. Food delivery (FD) growth, previously impacted by weak sentiment, is set to accelerate. GST-led boost to disposable income & rising discretionary spending should drive higher order volumes and platform engagement. We raise FD growth to 21–23% for FY26–27 and forecast 23% GMV CAGR over FY26–28.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
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