Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting November 24, 2025) are Max Healthcare, and Reliance Industries. Let’s take a look:
Max HealthcareMax Healthcare’s (MAXH) overall Q2FY26 performance was robust, with consistent 20%+ YoY revenue growth and better than expected EBITDA growth. Existing units deliver strong volume-led growth; The expansion pipeline supports multi-year visibility as it aims to double its bed capacity in the next 4-5 years through a combination of greenfield and brownfield expansions, M&A, and ‘built-to-suit’ lease models. MAXH continues to optimize case-mix/payer-mix to further improve profitability. We expect MAXH to deliver 14% revenue CAGR over FY25-28 to INR133b.Reliance IndustriesRIL reported an operationally in-line 2QFY26, with consolidated EBITDA up 5% QoQ to INR459b, led by a strong recovery in Retail and steady performance in RJio. Retail revenue grew 19% YoY, driven by festive demand, GST rationalization, and strong traction in quick commerce, while RJio added 8.3m subscribers with rising 5G engagement.O2C earnings improved 3% QoQ, supported by stronger fuel cracks and higher throughput. Management remains confident of sustained growth in Retail and RJio, supported by digital adoption, premiumization, and efficient execution. We estimate RIL’s consolidated EBITDA and PAT to grow at a CAGR of ~10–11% over FY25–28, driven by continued strength in consumer businesses and improving FCF generation.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
