Top stocks to buy: Stock recommendations for the week starting November 17, 2025 – checklist – The Times of India

Stock market recommendations:According to Motilal Oswal Financial Services Ltd, Ashok Leyland and Jindal Stainless are the top stock picks for the week (as of November 17, 2025). Let’s take a look:

Ashok LeylandAshok Leyland 2QFY25 PAT of INR 8 billion, 8% higher than estimates, led by improved mix and pricing discipline. EBITDA margin grew 50 basis points year-on-year to 12%, supported by robust non-truck segment growth and cost containment. New launches in the MHCV (medium and heavy commercial vehicles), LCV (light commercial vehicles) and bus segments, coupled with double-digit growth in defence, spare parts and energy solutions, are improving the mix.Export volume increased 45% year-on-year and management targeted a CAGR of 20% over the next two to three years. LCV demand is recovering, while MHCV recovery is likely to follow amid improving consumption trends and GST-driven tailwinds.Jindal stainlessJindal Stainless (JSL) is emerging as one of India’s most agile and future-proof stainless steel manufacturers, driven by operational strength, diversification and capacity expansion. The focus on value-added products such as rebar, wire rod and cold-rolled steel strengthens its positioning in the infrastructure, transport and consumer sectors. With demand for stainless steel increasing and substitution of carbon steel accelerating, JSL is well positioned to seize structural growth opportunities. The company’s renewable energy share has reached 42%, while a green hydrogen plant is being commissioned in Jajpur, strengthening cost-efficiency and sustainability. Strategic investments in Maharashtra and Indonesia increase visibility of growth while maintaining balance sheet discipline. Strong integration through captive mining, a growing mix of added value and digital efficiency further strengthen competitiveness. As regulatory clarity emerges in QCO and CBAM, JSL is poised to capitalize on its compliance advantage and scale as a globally competitive stainless steel player focused on efficiency, resilience and value creation.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These views do not represent the views of The Times of India)