Motilal Oswal Picks Top Stocks Amid Muted Market: KNR, Castrol, VIP Shine

• KNR Constructions' ₹1,543 crore road asset monetisation boosts cash flow and balance sheet visibility, a factor not fully priced in by the market.
• Motilal Oswal maintains a positive view on KNR Constructions with a target price of ₹190, citing the asset monetisation as a key catalyst.
• Castrol India's open offer and potential management change could sharpen strategic focus on EV-linked and new-age businesses; Motilal Oswal reiterates ₹260 target.
• VIP Industries' turnaround is possible under new ownership (Multiples) if execution improves supply chain, divests low-profit brands, and leverages strong brand recall.
• Broader market expected to remain lacklustre until early 2026, making company-specific triggers and potential Union Budget capital expenditure crucial.

Why It Matters: Motilal Oswal highlights KNR, Castrol, and VIP as top stock picks with strong catalysts in a sluggish market.