Market experts from Mirae Asset Sharekhan and Hem Securities Ltd. provided comprehensive stock recommendations for key Indian companies during NDTV Profit's Ask Profit show. According to reports from NDTV Profit, Kunal Shah, Senior Technical and Derivative Analyst at Mirae Asset Sharekhan, and Astha Jain, Senior Research Analyst at Hem Securities Ltd., shared insights on investor queries regarding major stocks including Tata Power, Samvardhana Motherson International, Apollo Hospitals, Vedanta Power, and Coal India.
Tata Power Co. Ltd. is currently trading at ₹350.55 and experts recommend a Hold strategy. As reported by NDTV Profit, Astha Jain from Hem Securities Ltd. highlighted that the company is emerging as a strong story backed by solar power, representing one of the major transformations in the company. The analyst suggested that investors can partially switch to Acme Solar but advised against converting all holdings. Jain noted that numbers are rising for this counter and expects it to provide returns.
Samvardhana Motherson International Ltd. is trading at ₹165.60 and experts recommend a Hold position. According to NDTV Profit reports, Jain emphasized that the wiring harness segment is becoming a very strong sector for the company, with a very strong global set of customers. The analyst highlighted that the company is becoming more interesting with the kind of products it is providing, while manufacturing remains very strong. Jain recommended remaining invested in this stock, with the company's future rising to the level of ₹160.
Apollo Hospitals Ltd. is trading at ₹110.64 and experts recommend a Buy strategy. As reported by NDTV Profit, Kunal Shah from Mirae Asset Sharekhan noted that the company has done very well as a sector and recommended adding to the stock. The analyst highlighted that the healthcare sector has performed well, making it an attractive investment opportunity for investors.
Vedanta Power is trading at ₹34.83 with a Hold recommendation from long-term perspective and a price target of around ₹38. According to NDTV Profit, Sammaan Capital is trading at ₹147.14 with a Hold recommendation and a future target of ₹160. For Coal India Ltd., experts recommend a Hold strategy at the current market price of ₹401.60. As reported by NDTV Profit, all recommendations were provided during the live show with appropriate disclaimers regarding individual investment decisions.
