Market experts recommend holding Samvardhana Motherson International Ltd. (CMP: ₹142.91) with a cautious approach to adding new positions. According to NDTV Profit's Ask Profit show, the company is showing signs of recovery based on strong OEM sales performance. Shahina Mukadam, Independent Market Expert, notes that global acquisitions are supporting the company's growth trajectory, though the stock has experienced significant run-up in valuations. Kush Bohra, Founder of Kushbohra.Com, maintains a bullish outlook on the entire automotive space and suggests the stock has demonstrated strong rising trend with support levels close to the ₹141 mark.
Market experts recommend holding Coforge Ltd. (CMP: ₹1,480.40) with specific technical parameters. Kush Bohra from Kushbohra.Com maintains a constructive view on the IT services company, citing rising trend line support and the stock's attempt to find support at the 20-day average. The expert has set a stop loss near the ₹1,365 mark and expects the stock to remain constructive as long as it maintains the ₹1,41-142 zone. Shahina Mukadam also recommends holding the stock at current levels.
Market experts suggest holding Tata Power Company Ltd. (CMP: ₹401.85) with specific profit booking levels. Kush Bohra from Kushbohra.Com notes that while there is positive traction in the stock, it is not yet ready to move higher. The expert observes rising trend line support with the 200-day moving average and recommends holding the stock while suggesting booking profits at ₹450. Shahina Mukadam also recommends holding the stock for medium-term gains.
Market experts recommend holding Punjab National Bank (PNB) (CMP: ₹109.73) for medium-term gains with specific risk management parameters. Shahina Mukadam from Kushbohra.Com emphasizes that valuations are not expensive and suggests maintaining a stop loss of ₹90 or ₹100. The expert believes PNB can be held for a potential bounce in the market. Kush Bohra also supports the hold recommendation, noting that the bank can be held for medium-term gains.
Market experts maintain a hold recommendation for Marksans Pharma Ltd. (CMP: ₹261.50) with specific profit booking targets. Kush Bohra from Kushbohra.Com remains constructive on the pharmaceutical stock, observing that the trend is starting to pick up again. The expert has set a second target of ₹274 where full or partial profits can be booked. Shahina Mukadam also supports the hold recommendation, indicating that the stock shows potential for medium-term gains.
