stock market recommendations: : Gokaldas ExportsAnd Reliance Industries (RIL) are the top stocks that Motilal Oswal Wealth Management Research Desk has selected as a ‘Buy’ recommendation for the week starting June 29, 2026.
| stock name | CMP (Rs.) | Target (Rs.) | Reverse (%) |
| Gokaldas Exports | 859 | 1110 | 29% |
| reliance | 1318 | 1655 | 26% |
stock recommendations
Gokaldas ExportsGokaldas Exports operates in India, Kenya and Ethiopia, with an apparel manufacturing capacity of approximately 92 million pieces annually (52 million in India and 40 million in East Africa through Atraco). It also has a 19% stake in BTPL, strengthening fabric sourcing and integration. The Indian apparel business is projected to grow at 10% CAGR with operating margins of 12-13% during FY 26-28.Atraco is expected to deliver 26% CAGR over the same period, supported by higher utilization, while BTPL is projected to generate Rs 6.6 billion revenue by FY28. Gokaldas Exports has long-term direct partnerships with leading brands including Gap Inc. Carhartt, Columbia Sportswear, JCPenney, and Abercrombie & Fitch.These top five customers contribute about 65-70% of the revenue, while still leaving room for deeper penetration. The company is expected to deliver 18% CAGR in FY26-FY28 revenue, 33% in EBITDA and 73% in profit after tax (PAT) due to expansion in its Indian operations and strong support from its African manufacturing platform.Also check | stock market live coverageReliance IndustriesReliance Industries is expected to enter the next phase of growth due to continued momentum in its digital, retail and new energy businesses. The telecom segment is likely to remain the largest growth driver, supported by tariff hikes, market share gains and ongoing expansion of home broadband and enterprise services.The retail sector is expected to benefit from expanding stores, improving productivity and increasing hyperlocal offerings, while investments in artificial intelligence and clean energy are expected to strengthen long-term growth prospects. Although the O2C business may see only marginal improvement amid the industry headwinds, consolidated EBITDA and profits are projected to grow at around 9-10% CAGR during FY26-28. With capex expected to soften, Reliance is also well positioned to generate strong free cash flow and gradually reduce net debt.
upcoming week of stock market
Market experts believe that geopolitical developments, especially the latest military confrontation involving the United States and Iran, their impact on crude oil prices and key domestic macroeconomic releases are expected to influence stock market sentiment this week.Investors are also likely to keep a close eye on foreign institutional investor activity and the progress of the south-west monsoon, which remain important market drivers.“Market participants will closely watch industrial production (IIP) data, final HSBC manufacturing, services and composite PMI readings and forex reserves data for latest updates on the health of the domestic economy,” said Ajit Mishra, senior vice president (research), Religare Broking Ltd.He said fluctuations in crude oil prices and geopolitical developments in West Asia will continue to play an important role in influencing global market sentiment.The automobile sector will also be in focus, with investors keeping an eye on monthly auto sales data to be released on July 1.“The week ahead is likely to be influenced by developments on the geopolitical front, with investors closely monitoring tensions in the Middle East following the latest military exchanges involving US and Iranian forces. While extensive diplomatic efforts are underway, recent flare-ups have reminded markets that geopolitical risks remain high.“Any sign of renewed talks or easing of tensions could help maintain the recent improvement in risk sentiment, while a further deterioration in relations could prompt a reassessment of global growth and energy market expectations,” said Ponmudi R, chief executive officer of online trading and wealth-tech firm Enrich Money.On the domestic front, investors will also closely monitor the progress of the south-west monsoon, he said.(Disclaimer: The recommendations and views given by experts and analysts on the stock market, or any other asset class or personal finance management are their own. These opinions do not represent the views of The Times of India.)
