3 days ago
Five Short-Term Stock Picks Amid Market and Macro Risks
The stock market has been under pressure because oil is expensive and investors worry that interest rates may rise.
Even so, expert Ambareesh Baliga believes some individual companies could perform well soon.
He recommended five stocks from the chemicals, solar, auto-components and home-services industries.
Himadri Speciality Chemical is expanding into battery and advanced carbon products.
Borosil Renewables is increasing its solar-glass production.
Endurance Technologies is developing products for electric vehicles.
Archean Chemical Industries and Urban Company are also expected by Baliga to grow.
These are forecasts, not guarantees, and wider market risks could still affect the stocks.
Ambareesh Baliga recommended Himadri Speciality Chemical, Borosil Renewables, Endurance Technologies, Archean Chemical Industries and Urban Company for short-term gains.
Himadri Speciality Chemical has a target price of ₹840 against a market price of ₹678.75, implying 24% upside.
Borosil Renewables, Endurance Technologies and Archean Chemical Industries have projected upsides of 27%, 29% and 37%, respectively.
Urban Company has a target price of ₹210 against ₹169, representing a potential 24% gain, according to Baliga.
The Nifty is down more than 11% year-to-date as crude prices, interest-rate concerns and the unresolved United States-Iran conflict pressure markets.
- Who
- SEBI-registered market expert Ambareesh Baliga made the recommendations.
- What
- Baliga recommended five stocks that he expects could deliver double-digit short-term returns.
- Where
- The recommendations concern companies operating primarily in India, with some international operations and customers.
- When
- The stock prices cited were closing prices on 25 September 2026; the article discusses short-term prospects.
- Why
- Baliga cited company expansions, industry demand, entry barriers, electric-vehicle growth and the shift toward organized services.
Stock-specific optimism
Macro-market caution
Near-term investment outlook
Stock-specific optimism
Ambareesh Baliga expects the five recommended companies to deliver healthy double-digit returns, supported by expansion plans and industry-specific opportunities.
Macro-market caution
The broader market may remain range-bound while the United States-Iran conflict remains unresolved and concerns over inflation, interest rates and bond yields persist.
Growth drivers versus risks
Stock-specific optimism
The companies are positioned to benefit from battery manufacturing, solar demand, electric vehicles, specialty chemicals and the shift from unorganized to organized home services.
Macro-market caution
Higher crude prices could worsen India’s growth-inflation outlook, while further monetary tightening could continue putting pressure on equities.
Key facts
- Market backdrop
- The Nifty is down more than 11% year-to-date amid crude-price and interest-rate concerns.
- Himadri Speciality Chemical
- Market price ₹678.75; target ₹840; potential upside 24%.
- Borosil Renewables
- Market price ₹455.15; target ₹580; potential upside 27%.
- Endurance Technologies
- Market price ₹2,645.90; target ₹3,420; potential upside 29%.
- Archean Chemical Industries
- Market price ₹482.55; target ₹660; potential upside 37%.
- Urban Company
- Market price ₹169; target ₹210; potential upside 24%.
- Market risks
- The article cites elevated oil prices, possible further United States Federal Reserve rate hikes, higher bond yields and the unresolved United States-Iran conflict.
Quotes
Ambareesh Baliga
SEBI-registered independent market expert recommending Himadri Speciality Chemical
“We expect demand to continue to exceed the production capacity, since dumping from China and Malaysia has been protected with anti-dumping and countervailing duties”
livemint.com
“The company has projected ₹30,000 crores of additional revenue from these expansions. FY28 expected EPS is ₹24”
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