Market experts have issued a 'Buy for long term' recommendation for Tata Motors at the current market price of ₹483.75. According to Nandish Shah, assistant vice president and research and advisory at PCG, Motilal Oswaal Financial Services, the stock has a neutral rating but showed very positive performance in January-February. Shah noted that the overall fundamentals have been quite good, making it suitable for a longer-term investment perspective. As of January 6, 2025, the company's share price was ₹775.95 with a PE ratio of 30.52, indicating an attractive valuation. Tata Motors is positioning itself for future growth through significant strides in the EV segment, making it one of the best stocks to invest in as a beginner.
The auto ancillary sector is positioned for potential re-rating following the GST rate rationalisation of September 2025. As per The Economic Times, the auto sector has done well after the GST changes, and the auto ancillary sector is expected to follow suit. Market experts have identified 5 stocks from the auto ancillary space with upside potential of up to 30%. The upcoming festive season sales will provide clarity on whether the auto sector momentum will continue, with the auto ancillary sector likely to benefit significantly if the auto sector maintains its strong performance.
Experts are advising against adding Vodafone Idea shares at current levels of ₹15.06. Shah from PCG Motilal Oswaal Financial Services stated that he won't recommend addition at these levels, citing unfavorable market conditions. The recommendation reflects current market sentiment toward the telecommunications sector and the company's specific financial positioning.
Market experts recommend 'Buy' for Star Health And Allied Insurance at the current market price of ₹583.75. Shah from PCG Motilal Oswaal Financial Services suggests averaging down the position, with a price target of ₹770. The recommendation is based on the medical space being one of the biggest beneficiaries of GST cuts, with the stock holding the highest market share in that sector. According to reports from NDTV Profit's Ask Profit show, the medical insurance segment has been significantly boosted by GST reforms.
Experts recommend 'Hold' for Power Finance Corp. at the current market price of ₹364.10. Shah from PCG Motilal Oswaal Financial Services noted that while the stock shows potential as a dividend yield story with almost 4.5% yield, it faces significant competition from banks in terms of power credit. The recommendation suggests that while the stock may provide decent returns through dividends, it lacks the growth potential that would justify additional investment at current levels.
Market experts recommend 'Hold' for Varun Beverages at the current market price of ₹421.25. Shah from PCG Motilal Oswaal Financial Services highlighted that the peak season for the beverage company gets over in April, May, and June, with results expected to be subdued for the next one and a half quarters. The recommendation suggests that while the company may perform well next year, investors should avoid adding positions in the near term due to the seasonal nature of the business and limited capital expenditure plans for volume growth in the short to medium term.
