Motilal Oswal Wealth Management Research has identified Uno Minda and Gabriel India as primary stock recommendations for the week beginning November 9, 2026. The research firm’s analysis suggests significant upside potential for both entities, driven by strong second-quarter financial performances and clear growth strategies within the automotive sector.
For Uno Minda, analysts have set a target price of Rs 1,560, representing an 18% upside from its current market price of Rs 1,326. The company reported a robust performance in the second quarter of the 2027 fiscal year, with revenue, EBITDA, and adjusted Profit After Tax (PAT) growing by 38%, 53%, and 38% respectively. This performance exceeded expectations, particularly in the segments of switches, lighting, castings, and seating, while revenue from its Green Mobility division surged by 102% year-on-year.
The report highlights that Uno Minda’s EBITDA margin reached 11%, surpassing the projected 10.6% despite challenges related to commodity cost inflation and wage revisions. Looking ahead to the second half of the 2027 fiscal year, the company is expected to benefit from multiple new project launches and ramp-ups following the commissioning of two plants earlier in the year. Key opportunities identified for the firm include advancements in 4W PV seating, increased demand for sunroofs, and the introduction of pixel-based lighting technologies.
Gabriel India has also been noted as a significant pick, with a target price of Rs 1,664, marking a 21% upside from its current market price of Rs 1,379.8. The company reported a 23% year-on-year revenue growth for the second quarter of the 2027 fiscal year. Although EBITDA margins moderated slightly to 8.8% due to higher input costs and delays in passing these on, analysts expect a recovery in coming quarters as festive demand remains healthy.
A critical driver for Gabriel India’s outlook is its transition into a diversified mobility platform. The company recently completed the acquisition of stakes in HL Mando Anand and HL Klemove, strengthening its market presence in braking, steering, and Advanced Driver Assistance Systems (ADAS). Analysts believe the consolidation of these financials from the third quarter of the 2027 fiscal year will provide a meaningful boost to earnings. Furthermore, the firm has incorporated these acquisitions into its estimates, resulting in a 12% upgrade to its fiscal year 2027 earnings per share projections.
The research firm maintains an optimistic outlook for both companies as they navigate the evolving automotive landscape. While Uno Minda is expected to leverage its expanded alloy wheel capacities and new seating customer base to maintain momentum, Gabriel India is poised to expand its reach through a proposed seating joint venture with FORVIA. Analysts anticipate that these strategic moves will support long-term growth, with Gabriel India projected to achieve a 32% PAT CAGR through the 2029 fiscal year.
Investors are reminded that these recommendations are based on expert analysis provided by Motilal Oswal Wealth Management Research. As with any investment, these opinions do not constitute universal advice and reflect the researchers' independent views. Market performance remains subject to industry trends, commodity price fluctuations, and the successful execution of announced business projects.
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