Market experts from Geojit Financial Services and ICICI Securities provided comprehensive stock recommendations during NDTV Profit's Ask Profit show. According to reports from NDTV Profit, Gaurang Shah, Senior Vice-President at Geojit Financial Services, and Ninad Tamhanekar, AVP of Research at ICICI Securities, addressed investor queries about major stocks including Divi's Laboratories, Tata Power, Kalyan Jewellers, Reliance Industries, Larsen & Toubro, and Shriram Finance.
For Divi's Laboratories trading at ₹11,565.50, Shah recommended a hold position. As reported by NDTV Profit, Shah noted that the pharmaceutical sector is performing well and the index is at virtually its all-time high. He maintained a positive stance on large cap, small cap and mid cap stocks while expressing positive coverage on the company.
Regarding Tata Power at ₹360, Shah advised a buy recommendation for long-term investors. According to NDTV Profit reports, Shah emphasized that the entire energy sector appears quite attractive and suggested considering other energy stocks including Torrent Power, JSW Energy, and NTPC for diversification.
For Kalyan Jewellers trading at ₹611, Tamhanekar from ICICI Securities recommended a hold position. As reported by NDTV Profit, Tamhanekar observed that the stock is retracing its 10-weeks corrective phase and indicating structural improvement. He suggested that holding the stock could provide good upside potential for investors.
For Reliance Industries at ₹1,324.4, Shah recommended a hold position while noting that the stock can be bought if possible for long-term investment. According to NDTV Profit, Shah advised staying invested for long-term gains. For Larsen & Toubro at ₹4,185, Shah suggested buy with a systematic investment plan approach, and for Shriram Finance at ₹965, Shah recommended a buy position.
