Stock market recommendations: Privi Speciality Chemicals, and Cummins India have been selected as the top stocks to buy for the week starting June 15, 2026 by Motilal Oswal Wealth Management Research Desk:
Privi Speciality ChemicalsPrivi remains relatively insulated compared to peers, with only ~25% crude-linked exposure versus ~58% fuel dependency typically seen across chemical companies, along with limited reliance on the Strait of Hormuz and negligible exposure to Middle Eastern markets, supporting operational stability and margin resilience.The upcoming addition of higher-value products such as Maltol, Ethyl Maltol, Cyclopentanone, PFS portfolio products, and future biomass-based specialty molecules is expected to enrich Privi’s product mix, enabling earnings growth. Growth visibility is strengthened by the PFS/PBPL merger, improving profitability at PRIGIV, and expansion into high-value specialty molecules, enhancing product diversification We expect PRIVI to clock a CAGR of 25%/27%/34% in revenue/EBITDA/PAT during FY26-28Cummins IndiaCummins India (KKC) reported a strong FY26 performance, driven by robust growth in its power generation and distribution segments, which grew 24% and 22%, respectively. Data centers continued to be a significant growth engine, accounting for 30–35% of power generation revenue and underscoring the company’s strong presence in this fast-growing segment. Going forward, growth is likely to be supported by rising investments in data centers, healthy demand from manufacturing and commercial sectors, sustained traction for the QSK60 platform, and increasing contribution from higher-margin aftermarket and service businesses. The company is also enhancing capacity and operating at around 70% utilization, providing adequate headroom for future expansion. Backed by a favorable business mix, strong pricing power, and healthy demand visibility, earnings outlook remains robust. The company is expected to deliver revenue, EBITDA, and PAT CAGR of 18%, 20%, and 21%, respectively, over FY26–28.Stock market closing last week:Indian equities ended Friday’s session with strong gains, supported by a sharp decline in crude oil prices and a rally across global markets after US President Donald Trump announced that the conflict with Iran had come to an end.The BSE Sensex rose 1,695.40 points, or 2.30%, to close at 75,527.95. During intraday trade, the index climbed as much as 1,775.47 points, or 2.40%, reaching 75,608.02.The NSE Nifty 50 also posted big gains, rising 461.30 points, or 1.99%, to settle at 23,622.90. The benchmark touched an intraday high of 23,645.35, up 483.75 points, or around 2%, from its previous close.Broader markets outperformed the headline indices. The BSE SmallCap Select index gained 2.75%, while the MidCap Select index added 2.66%.Across sectors, realty stocks led the rally with a rise of 3.55%. Other major gainers included the MidSmall Private Banks Quality Tilt index, up 3.49%, Industrials, which climbed 3.45%, Financial Services, up 3.14%, the Private Banks index, which advanced 3.07%, Bankex, which gained 2.94%, and the Top 10 Banks index, which rose 2.85%.Market breadth remained firmly positive. On the BSE, 3,222 stocks ended higher, compared with 1,046 declines, while 154 shares finished unchanged.For the week, the Sensex added 1,284.61 points, translating into a gain of 1.73%. The Nifty rose 256.20 points over the same period, registering an increase of 1%.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)
