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Economic Times Reports Motilal Oswal Picks With Up to 40% Target Upside

The slideshow leaves its reference-price dates unstated and labels its top pick differently from an NSE filing.

Updated 2 min read
Office workers pass the National Stock Exchange headquarters in Mumbai’s Bandra Kurla Complex. / EconoTimes.ai
Office workers pass the National Stock Exchange headquarters in Mumbai’s Bandra Kurla Complex. / EconoTimes.ai

A Nov. 3 slideshow by The Economic Times reported that Motilal Oswal’s 10 Diwali stock picks carried target-price upside of 14% to 40%, using reference prices with no stated date.

SPR Auto Technologies Limited had the highest reported potential upside. The Economic Times labels the company “SPR Auto Components”; a filing with the National Stock Exchange of India (NSE) identifies it as SPR Auto Technologies Limited. The slideshow set a ₹6,150 target against a ₹4,404 reference price, a reported 40% gap.

The Economic Times attributed the targets to Motilal Oswal and listed these reference prices, targets and reported upside estimates in Indian rupees:

Stock Reference price Target price Reported potential upside
SPR Auto Technologies Limited* ₹4,404 ₹6,150 40%
Shaily Engineering ₹3,010 ₹4,074 35%
Eternal ₹321 ₹420 31%
Titan ₹4,600 ₹6,000 30%
Arvind ₹530 ₹670 26%
Symbiotec Pharmalab ₹1,168 ₹1,430 22%
Kotak Mahindra Bank ₹416 ₹500 20%
Adani Ports ₹1,775 ₹2,130 20%
Unimech Aerospace ₹1,841 ₹2,138 16%
BSE ₹3,502 ₹4,000 14%

*The slideshow labels the company “SPR Auto Components.” The NSE filing uses SPR Auto Technologies Limited.

The slideshow does not give a date for its reference prices. At 12:28 a.m. ET (10:58 a.m. IST) on Nov. 3, its live quote panel showed BSE at ₹3,581.30 and Adani Ports at ₹1,854.10, compared with slideshow references of ₹3,502 and ₹1,775, respectively.

The slideshow also projected Nifty earnings per share growth of 16% in FY27 and 14% in FY28, after 5% in FY26. Financial Express separately reported the 16% and 14% estimates in its coverage of a Motilal Oswal Q2FY27 preview.

Muhurat trading is scheduled for Sunday, Nov. 8, on the NSE calendar; the exchange said it would announce the session hours separately.

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