Motilal Oswal Picks Groww, Titan: Top Stocks to Buy for January 2026
Overview
Motilal Oswal Financial Services Ltd. has identified Groww and Titan as top stock picks for the week of January 12, 2026. Groww, India's largest retail broker, is poised for strong earnings growth with a projected 30% PAT CAGR driven by its expanding wealth ecosystem. Titan diversifies into the fast-growing lab-grown diamond market with its 'beYon' brand, targeting new customer segments and supported by raised EPS estimates.
Stocks Mentioned
Motilal Oswal Identifies Top Stock Picks
Motilal Oswal Financial Services Ltd. has named Groww and Titan Company Ltd. as its premier stock recommendations for the trading week commencing January 12, 2026. The brokerage firm highlighted significant growth prospects and strategic market expansions for both companies.
Groww's Dominance in Indian WealthTech
Groww has rapidly ascended to become India's largest retail brokerage platform, capturing 26.8% of active client share on the NSE, with 14.8 million active users as of the first half of FY26. The platform's success is attributed to its organic customer acquisition strategy, which keeps customer acquisition costs low and payback periods short. Groww has evolved into a comprehensive wealth ecosystem, offering broking, commodities, margin trading facilities, credit products, and wealth management services.
Motilal Oswal forecasts Groww's Profit After Tax (PAT) to grow at a Compound Annual Growth Rate (CAGR) of approximately 30% from FY25 to FY28. This growth is expected to be fueled by rising yields from margin trading facilities, higher minimum brokerage charges, an expanding product suite, and monetization efforts targeting affluent clients.
Titan Diversifies with Lab-Grown Diamonds
Titan Company Ltd. is strategically entering the fast-growing lab-grown diamond (LGD) market with the launch of its first dedicated brand, 'beYon'. This move aims to tap into a market segment with low penetration in India, offering studded jewelry at more accessible price points compared to traditional diamonds.
The LGD space is competitive, with numerous players and stores. However, Titan's established scale, design-led positioning, and aggressive pricing strategy, estimated at ₹23,000–₹25,000 per carat, are expected to provide a competitive edge. Management views the Indian market as capable of supporting both natural and lab-grown diamonds.
Analyst Projections Signal Growth
The brokerage views Titan's 'beYon' launch positively, enabling the company to reach new customer demographics without affecting its core natural diamond and solitaire offerings. Following a strong business update for the third quarter of FY26, Motilal Oswal has raised its Earnings Per Share (EPS) estimates for Titan by 2-5% for the fiscal years 2026 through 2028.
