Market experts Sachin Janardan Sarvade and Nandish Shah from Motilal Oswaal Financial Services provided comprehensive stock recommendations during NDTV Profit's Ask Profit show. According to reports from NDTV Profit, the experts addressed key investor queries about major stocks including Reliance Industries Ltd. (₹1,288.60), Maruti Suzuki India Ltd. (₹13,545), Dixon Technologies Ltd. (₹13,882), Tata Power Co. Ltd. (₹378.55), and National Aluminium Company (₹342.40).
Reliance Industries received a buy rating from Shah with a current market price of ₹1,288.60. As reported by NDTV Profit, Shah cited numbers above street expectations and noted that retail numbers continue to look softer, making it a good time to average positions. Maruti Suzuki India also received a buy recommendation from Shah at ₹13,545, citing very good volume growth and expected car price increases from August. The expert noted that most input cost pressures are likely to be taken care of, suggesting good timing for average buying.
Dixon Technologies received a hold rating from Shah at ₹13,882, emphasizing that while it remains a good buy for 18-24 month horizons, returns may not be achievable in six months. According to recent technical analysis from StockGro, the stock's 52-week high is ₹18,471.50 and 52-week low is ₹9,605.05, positioning the current price closer to the midpoint of this range. The daily moving averages indicate a mildly bearish stance, while weekly moving averages show a more neutral to mildly bullish posture, suggesting a period of consolidation rather than clear directional momentum.
Tata Power was recommended as a hold at ₹378.55 by Shah, described as a good stock for long-term investment. As reported by NDTV Profit, National Aluminium Company received a buy recommendation from Sarvade at ₹342.40 with specific targets of 10-15% upside and stop loss around 10% downside.
