Top stocks to buy: Stock recommendations for the week starting September 22 - check list

Stock marketplace recommendations: According to Motilal Oswal Financial Services Ltd, the apical banal picks for the week (starting September 22, 2025) are Punjab National Bank, and Larsen & Toubro. Let’s instrumentality a look:

Punjab National BankPNB has transitioned from a legacy-stressed equilibrium expanse to a fundamentally stronger franchise, with plus prime concerns decisively addressed.

The dependable simplification successful GNPA (3.78%) and NNPA (0.38%), coupled with robust PCR (90.3%), underpins net predictability. PNB reiterated its FY26 indebtedness maturation guidance of 11–12%, with absorption noting beardown momentum successful the Retail and MSME segments (+18% YoY).

MSME maturation is driven by cash-flow-based lending and integer initiatives, with NPAs remaining well-controlled astatine astir 1%. At existent valuations, PNB is trading astatine a discount compared to some private-sector peers and prime nationalist assemblage banks, providing a borderline of safety. We expect PNB to support a unchangeable RoA of 1% successful FY27/28. Additionally, we task PNB to execute a 12.8% CAGR successful its indebtedness publication from FY25 to FY28.Larsen & ToubroL&T secures 2 Large orders (₹2,500–5,000 cr) for STATCOM, SCADA, and Mumbai-Ahmedabad Bullet Train project, reflecting beardown execution successful grid stableness and high-speed obstruction — cardinal themes successful India’s infra push. L&T bags different important bid (₹1,000–2,500 cr) from NPCIL for atomic civilian works, reaffirming the company's ascendant positioning successful captious infrastructure and long-cycle authorities capex projects.

L&T’s enlargement successful renewable and transmission projects crossed the GCC portion diversifies gross streams, tapping into high-growth cleanable vigor markets and improving semipermanent borderline and net stability. We expect LT to study a CAGR of 20% successful PAT implicit FY25-28.(Disclaimer: Recommendations and views connected the banal marketplace and different plus classes fixed by experts are their own. These opinions bash not correspond the views of The Times of India)