Stocks to BUY Today, April 9: Top brokerage firms have identified promising Indian stock market opportunities with strong share price targets for 2026. Picks such as Sterlite Technologies, Max Healthcare, Bosch, IHCL, and ITC Hotels stand out due to robust growth potential, strategic expansions, and sectoral tailwinds.
Nuvama has reiterated its ‘Buy’ rating on Sterlite Technologies, revising the target price to Rs 280 from the earlier Rs 200. The upgrade reflects strengthening global demand for optical fibre, driven by accelerating deployments of 5G networks, FTTH (Fibre-to-the-Home) expansion, growing investments in AI-led data centres, and increasing drone usage worldwide.
Max Healthcare Share Price Target 2026
Goldman Sachs has maintained a ‘Buy’ recommendation on Max Healthcare with a target price of Rs 1,300. The firm highlighted Max Healthcare’s decision to acquire a 58.4 per cent stake in Kalinga Hospital at an equity valuation of Rs 3 billion. The acquisition marks Max Healthcare’s entry into the Bhubaneswar market, strengthening its regional footprint and supporting its long-term growth strategy.
Bosch Share Price Target 2026
Motilal Oswal Financial Services (MOSL) has maintained a ‘Neutral’ rating on Bosch, while revising the target price to Rs 35,323 from Rs 31,375. The brokerage noted that the recent acquisition is value-accretive and rewarding for minority shareholders.
IHCL (Indian Hotels Company) Stock Recommendation
Goldman Sachs has maintained a ‘Buy’ rating on IHCL. The brokerage flagged near-term demand headwinds arising from weak foreign tourist arrivals and rising domestic airfares. However, it noted that the shift of MICE (Meetings, Incentives, Conferences, and Exhibitions) events to India could provide incremental support to luxury and upscale hotel demand, benefiting IHCL over the medium term.
Goldman Sachs has maintained a ‘Neutral’ rating on ITC Hotels. Similar to the broader sector, the stock faces near-term demand pressures due to muted international tourist inflows and higher domestic airfares. That said, the brokerage highlighted that increased MICE activity relocating to India could offer some support to demand in the luxury and upscale hotel segment, partially offsetting the near-term challenges.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
