Market experts provided specific investment guidance for key Indian stocks during NDTV Profit's Ask Profit show. CA Tapan Doshi from catapan.in and Kush Bohra from kushbohra.com shared their insights on investor queries about major stocks including Bank of Baroda, Godrej Consumer Products, Genus Power Infrastructures, Himadri Speciality Chemical, NTPC Green Energy, and Mangalore Refinery and Petrochemicals. The latest session also featured Jatin Gedia from Teji Mandi Investment Technologies and G Chokkalingam from Equinomics Research, who provided additional recommendations for stocks like SRF, BHEL, MOIL, Bajaj Housing Finance, and UltraTech Cement. Vishnu Kant Upadhyay from AUM Capital and Rajesh Agarwal from AUM Capital also shared their insights on stocks including ICICI Bank, Reliance Industries, Infosys, Nestle India, IRFC, and Varun Beverages.
Bank of Baroda Ltd. is recommended as a hold at the current market price of ₹242.80. According to Tapan Doshi, the bank is expected to achieve credit growth of 12-14% with improving retail loan mix supporting margin expansion. Asset quality is showing signs of improvement, supporting the hold recommendation.
ICICI Bank Ltd. is recommended as a buy at ₹1,445.70 by Upadhyay from AUM Capital. The stock is looking quite promising with prices expected to extend to ₹1,480-₹1,490, while prices should not fall below ₹1,400 to maintain bullish momentum. Reliance Industries Ltd. is also rated as a buy at ₹1,280 by Upadhyay, having seen a very sharp rebound from the lower range value. The stock has been stuck in a very thin horizontal band of ₹1,335 on the higher side and ₹1,250 on the lower side, with prices likely to oscillate within this band and a buy target of ₹1,330.
Genus Power Infrastructures Ltd. is recommended as a hold at ₹315.55 with a stop loss of ₹295-300. According to Kush Bohra, the stock is consolidating and showing thin volumes, which is a positive sign. Bajaj Housing Finance Ltd. is rated as a hold at ₹84.81 by Chokkalingam, who suggests it is decent price to hold for medium to long term, with potential to consider buying if it corrects 5-10%.
NTPC Green Energy Ltd. is specifically not recommended for purchase at ₹96.07 or even at lower levels. As reported by Kush Bohra, the stock has gone sideways after a massive volume spurt, showing multiple corrections. Mangalore Refinery and Petrochemicals Ltd. is rated as a hold at ₹176.67 with entry price being elevated and potential resistance at ₹180-185. The recommendation includes maintaining a strict stop loss of ₹172-173. UltraTech Cement is rated as a buy on dips at ₹11,400 levels by Gedia, with the area being ₹13,000-₹13,200 for entering the stock in the next six months.
