Stock market recommendations: CG Power and Industrial Solutions, and Adani Power – these are the top stocks to buy that have been recommended by Motilal Oswal Wealth Management Research Desk for the week starting September 7, 2026:
| NAME | CMP (Rs) | TP (Rs) | Upside (%) |
| CG Power | 894 | 1020 | 14 |
| Adani Power | 207 | 250 | 21 |
CG Power and Industrial SolutionsCG Power’s Sehore greenfield transformer plant adds 45,000 MVA capacity, taking total transformer manufacturing capacity to 120,000 MVA. Commissioned within 13 months, the facility can be further scaled up based on demand-supply dynamics, supporting strong growth in power systems. With an order book of Rs 144 billion and more than doubled capacity, we expect power systems revenue to post a 32% CAGR over FY26-29, with scope for further improvement as inflows increase.Pricing power and backward integration should support a 30% EBIT CAGR. CG Semi is progressing with its phased OSAT expansion, with G1 now in commercial production and G2 targeted by CY26-end. We expect semiconductor EBITDA breakeven from FY28 as utilization rises, while overall revenue/EBITDA/PAT grows 25%/33%/28%.Adani PowerAdani Power Limited (APL) is India’s largest private thermal power producer, with ~18GW capacity in 1QFY27. Around 95% of its operational capacity is tied up under long/medium-term PPAs, providing strong earnings visibility while retaining exposure to merchant-market opportunities. APL plans to more than double its operational thermal capacity to ~42GW by FY32, supported by 100% land availability and ordered BTG equipment.Its proven track record of acquiring and successfully turning around distressed plants further strengthens confidence in execution. APL is well positioned to benefit from India’s thermal capacity upcycle, supported by limited competition and potential long-term optionality from nuclear power and an additional 3GW capacity pipeline. With approximately Rs 2 trillion capex, we estimate a 21% EBITDA CAGR and 9% PAT CAGR over FY26-29E.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)
