Top stocks to buy: Stock recommendations for June 8, 2026 week - check list

Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside.Shriram FinanceShriram Finance (SHFL) continues to reinforce its position as a leading retail-focused NBFC, backed by its strong presence in rural and semi-urban markets, diversified product portfolio, and disciplined execution capabilities. The strategic partnership with MUFG, including a capital infusion of ~USD4.4bn for a ~20% stake, is expected to materially strengthen SHFL’s liability profile. The company expects ~1% reduction in borrowing costs over the next 2–3 years, supported by rating upgrades, liability repricing, lower deposit rates, and improved access to debt capital markets. The company remains focused on its core strengths in vehicle finance, MSME lending, and gold loans, while expanding across underpenetrated northern, central, & eastern markets.With healthy growth visibility, margin stability, & improving operating leverage, Shriram Finance is well positioned to deliver a CAGR of ~17%/~26% in AUM/PAT over FY26-28E.Cummins IndiaCummins (KKC) delivered a strong FY26 performance, with powergen revenue growing 24% and distribution revenue rising 22%. Data centers emerged as a key growth driver, contributing 30-35% of powergen revenue, highlighting the company's strong positioning in a rapidly expanding market. Growth is expected to be supported by increasing data center investments, demand from manufacturing and commercial sectors, strong traction for the QSK60 platform, and higher contribution from aftermarket and service offerings within the distribution business. KKC is also investing in capacity upgrades and is currently operating at ~70% utilization, providing room to support future growth. Supported by a favorable mix of high-margin businesses, pricing flexibility, and strong demand momentum, we raise our FY27/FY28 estimates by 4%/7%. We expect KKC to deliver revenue, EBITDA, and PAT CAGR of 18%, 20%, and 21%, respectively, over FY26–28.(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.)