Domestic brokerage firm Motilal Oswal Financial Services (MOFS) has recommended a BUY rating on Kalyan Jewellers, Coforge, CIE Automotive India.

The domestic brokerage firm has recommended to buy Kalyan Jewellers, Coforge, CIE Automotive India for the target price of Rs. 550, Rs. 1880, Rs. 546 respectively.

Brokerage firm said that Kalyan Jewellers (KALYAN) is likely to sustain a strong growth trajectory as India's jewelry demand for top brands remains strong the demand momentum remained robust through Jan–Mar, well supported by the wedding season. KALYAN plans to open 80-90 stores in FY26, with gross additions of 46 stores (net 40) already achieved in 9MFY26. Offering an attractive risk-reward brokerage firm reiterate BUY rating with a target price of INR550.

On Coforge the brokerage firm said that despite near-term risks, valuations look attractive after recent correction. Since the US–Iran conflict broke out, Coforge Ltd (COFORGE) has witnessed a decline of 9-10%. Even so, the brokerage firm believe that stock is currently pricing in an extreme bear-case scenario. At current levels, valuations appear attractive and valuing the stock at INR1,880, implying a 73 per cent upside.

Moving forward on CIE Automotive the brokerage firm mentioned that over the last few quarters, CIE had witnessed slower growth in its India business; however, this trend has reversed after GST rate cuts, which have boosted demand across all segments. Moreover, it has bagged new orders from non-anchor customers, which are expected to ramp up in the coming quarters and help drive its longpromised outperformance.