stock market recommendations: : Privy Specialty ChemicalsAnd cummins india has been selected as Top Stocks to Buy By Motilal Oswal Wealth Management Research Desk for the week commencing June 15, 2026:
Privy Specialty ChemicalsPriv remains relatively untouched compared to competitors, with only ~25% crude-linked exposure versus ~58% fuel dependence typically seen in chemical companies, as well as limited dependence on the Strait of Hormuz and negligible exposure to Middle Eastern markets, supporting operational sustainability and margin flexibility.The upcoming addition of high-value products such as maltol, ethyl maltol, cyclopentanone, PFS portfolio products and future biomass-based specialty molecules is expected to enrich Privy’s product mix, thereby enhancing earnings. The PFS/PBPL merger has strengthened growth visibility, improved profitability at PRIGIV, and expanded into high-value specialty molecules, increasing product diversification. We expect PRIVI to register a CAGR of 25%/27%/34% in Revenue/EBITDA/PAT during FY26-28.cummins indiaCummins India (KKC) recorded a strong performance in FY2016 led by strong growth in its power generation and distribution segments, which grew by 24% and 22% respectively. Data centers remain an important growth engine, accounting for 30-35% of power generation revenues and underscoring the company’s strong presence in this fast-growing segment. Going forward, growth is likely to be supported by increasing investment in data centers, healthy demand from manufacturing and commercial sectors, continued attraction for the QSK60 platform and growing contribution from high-margin aftermarket and service businesses. The company is also ramping up capacity and is working at around 70% utilization, giving ample scope for future expansion. The earnings outlook remains strong, driven by favorable business mix, strong pricing power and healthy demand visibility. The company is expected to deliver revenue, EBITDA and PAT CAGR of 18%, 20% and 21% respectively during FY26-28.Stock market closed last week:Indian shares ended Friday’s session with strong gains, supported by a sharp fall in crude oil prices and a rally in global markets after US President Donald Trump announced an end to the conflict with Iran.The BSE Sensex closed at 75,527.95, up 1,695.40 points or 2.30%. The index rose 1,775.47 points or 2.40% to 75,608.02 during intraday trading.NSE Nifty 50 also recorded big gains, rising 461.30 points or 1.99% to close at 23,622.90. The benchmark touched an intraday high of 23,645.35, up 483.75 points or nearly 2% from its previous close.Broader markets outperformed major indices. The BSE Smallcap Select index rose 2.75%, while the Midcap Select index gained 2.66%.Among sectors, realty shares led the rally with a rise of 3.55%. Other major gainers were Midsmall Private Bank Quality Tilt Index up 3.49%, Industrials up 3.45%, Financial Services up 3.14%, Private Bank Index up 3.07%, Bankex up 2.94% and Top 10 Bank Index up 2.85%.Market expansion remained strongly positive. On the BSE, 3,222 shares closed with gains, while 1,046 shares closed with losses, while 154 shares closed unchanged.During the week, the Sensex added 1,284.61 points, translating into a gain of 1.73%. In the same period, Nifty rose by 256.20 points registering a growth of 1%.(Disclaimer: The recommendations and views given by experts on the stock market, other asset classes or personal finance management tips are their own. These opinions do not represent the views of The Times of India.)
