Reema Tendulkar

Probal Sen, Oil and Gas Analyst at ICICI Securities believes global energy supply chains have structurally changed after the Middle East conflict. India is increasing crude imports from Venezuela, Russia, the US and Africa to manage shortages, but cheap crude is no longer available.

Jay Kale, Executive Vice President-Research at Elara Capital, prefers Eicher Motors, TVS Motor Company, Maruti Suzuki and Mahindra & Mahindra among auto stocks, saying companies that gain market share during a slowdown are likely to outperform. Among auto ancillary companies, his preferred picks are Gabriel India, Minda Corporation, Uno Minda and Sona BLW Precision Forgings.

Jefferies said LTM's plants to pivot to outcome-based offerings requires a material change to pricing and talent strategy which may not be easy to execute. In this context, its aspirations to double revenues by 2031 with 200 basis points margin expansion seem very optimistic.

Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.

Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.

Amish Shah, Head of India Research at Bank of America Global Research, said higher commodity prices, the West Asia conflict and rising inflation could put pressure on growth and earnings in the first half of FY27. However, he believes the government is unlikely to reduce capital expenditure despite fiscal concerns. Shah also highlighted long-term opportunities in sectors linked to energy security, electric vehicles, defence, AI investments and data centres.

William Lee, Chief Economist and Managing Director of Global Economic Advisors, says strengthening US-India ties, including technology transfers and defence partnerships, are enhancing India's appeal as a long-term investment destination.

Electric commercial vehicles remain 15-20% more expensive than conventional alternatives, but broader access to government incentives could narrow the gap and accelerate adoption, according to Saurabh Agarwal, Partner and Automotive Tax & Incentives Leader at EY India.

Joseph Anantharaju, Co-chairman and CEO of Happiest Minds Technologies, said the company aims to reach 15% growth and expects outcome-based contracts to contribute up to 40% of revenue over the next two to three years, supporting a potential 2-3% margin improvement.

Manishi Raychaudhuri, CEO of Emmer Capital Partners, favours sectors such as capital goods, defence, metals and private sector banks for long-term investors, while recommending portfolio diversification into Asian markets including Korea and Taiwan, where AI-driven earnings growth remains strong.