Motilal Oswal Wealth Management has identified Ipca Laboratories and AU Small Finance Bank as its top stock picks for the week beginning March 30, 2026, citing distinct growth catalysts for each.
Ipca Laboratories Growth Drivers
The pharmaceutical company expects steady earnings growth, fueled by a stronger domestic business and increasing exports. Ipca Laboratories is broadening its domestic offerings with new therapy areas, including cardiology and dermatology, and strengthening its core brands. Export growth is coming from branded markets and a steady ramp-up in generics, especially for U.S. and European tenders. The integration of the Unichem business is moving forward, focusing on cost savings and rebuilding its product pipeline.
AU Small Finance Bank's Universal Bank Vision
AU Small Finance Bank's move to become a universal bank greatly increases its potential market across retail, MSME, and mid-corporate lending. This change provides more portfolio flexibility and cross-selling chances, which should boost long-term returns. A diverse deposit base, better CASA ratio, and a growing network of over 2,700 locations help drive liability growth and operational efficiency. The bank's focus on secured lending and careful underwriting aims to control credit costs and ensure steady profits. Loans are forecast to grow about 24% annually from FY26 to FY28, with earnings projected to increase by roughly 36% annually during the same period.