Motilal Oswal Highlights Top Stock Picks for the Week
Motilal Oswal Financial Services Ltd has released its weekly stock recommendations. The firm identifies 360 One and Canara HSBC Life as standout choices for investors. These picks target the week beginning January 19, 2026.
Key Stock Details and Targets
Here is a quick overview of the recommended stocks with their current and target prices:
- 360 One: Current Market Price (CMP) at ₹1,198, with a target of ₹1,400. This represents a potential upside of 17%.
- Canara HSBC Life: CMP at ₹141, targeting ₹180, offering an upside of 28%.
Why 360 One Stands Out
360 One Wealth and Asset Management presents a compelling growth narrative. India's expanding wealth pool drives this story. Recent team additions and acquisitions provide strong synergies. These factors enhance long-term growth visibility.
The company delivered robust performance in the third quarter of FY26. Strong inflows and operating leverage fueled this success. Operating revenue jumped 33% year-over-year. A sharp 45% rise in ARR income led this growth.
Disciplined cost management played a key role. The cost-to-income ratio fell by 320 basis points to 49.6%. This supported healthy profit growth. PAT increased 20% year-over-year, even with a decline in other income.
Net ARR inflows reached ₹147 billion. Record AMC inflows and sustained wealth management momentum contributed. Wallet share gains and improved retention from carry income drove this momentum.
Management expresses confidence in further improvements. They aim to reduce the CI ratio toward 45–46%. ET Money and HNI businesses are moving toward breakeven. Guidance projects 22–24% AUM growth. This translates to a 21%/22% revenue/PAT CAGR over FY25-28.
The Case for Canara HSBC Life
Canara HSBC Life Insurance offers a strong banca-led compounding story. Deep distribution moats and efficiency-driven growth underpin this potential. The insurer has consistently outperformed the industry over the past decade.
Bancassurance partnerships with Canara Bank and HSBC provide a solid foundation. These partnerships access a large, sticky, and segmented customer base. Penetration among Canara Bank customers remains low. Branch productivity lags behind private-bank peers.
Incremental gains from better analytics, digital tools, and branch activation offer growth opportunities. These come at low acquisition costs. HSBC adds a high-quality layer through affluent, NRI, salary, and corporate customers. This supports superior persistency and value accretion.
Diversification into agency and other channels improves reach. It reduces concentration risk without diluting long-term economics. A favorable product mix shift toward non-par and protection products helps. Improving operating efficiency and rising scale drive value creation metrics upward.
Canara HSBC Life positions itself as a structurally improving insurer. It shows capital efficiency, sustained growth visibility, and strong return potential over the medium term.
Important 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.
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