According to Sameer Dalal from Natverlal & sons Stockbrokers, MRF Ltd. should be held at the current market price of ₹1,31,425.00. The expert believes that the entire tyre space in India is positioned to perform extremely well, driven by increasing volumes and growing demand. The stock is projected to deliver compounded returns of approximately 15-18% over the next two years. As per the latest market data, MRF Ltd. is currently trading at ₹1,33,235 with a gain of 23.23% in the last trading session.
Somil Mehta from Mirae Asset Sharekhan recommends buying ICICI Bank Ltd. on declines at the current market price of ₹1,407.00. The expert identifies ICICI Bank as the most promising private sector bank and suggests waiting for declines to ₹1,350-1,360 levels, which aligns with the 200-day moving average. Somil expects the stock to break its current consolidation pattern on the upside, with a breakout level targeted at ₹14,500. This strategy involves waiting for reversal signals before entering the position, with the stock currently showing ₹1,407 as the current trading price.
Somil Mehta from Mirae Asset Sharekhan maintains a hold position on Maruti Suzuki India Ltd. at the current market price of ₹13,886.00. The expert remains positive on the auto sector and expects the stock to consolidate around ₹13,500-13,800 levels. He anticipates a breakout on the upside, with the breakout level positioned at ₹14,500. This recommendation suggests that current levels present a good opportunity to hold the stock while waiting for the anticipated upward movement.
Deven Mehata from IDBI Capital Market and Securities advises a wait and watch approach for Vishal Mega Mart Ltd. at the current market price of ₹105.28. The expert notes that the overall structure appears weak with a lower top-lower bottom pattern. According to latest market data, Vishal Mega Mart is currently trading at ₹105.28 with a gain of 1.39% in the last session. Additionally, there is PE Option data available for the stock with a ₹100 strike price expiring on 27-10-2026, as reported by India Infoline. Deven recommends avoiding adding to positions on dips and suggests waiting for the stock to breach above ₹112 before considering additions, identifying ₹112 as the resistance level.
Sameer Dalal from Natverlal & sons Stockbrokers recommends selling GMR Airports Ltd. (India) at the current market price of ₹103.17. The expert cites concerns about the expansion and growth prospects in the capital-intensive airport business, where returns typically come later. Sameer questions the ROEs (Return on Equity), which are considered a key metric for evaluating the business's profitability. He suggests that if investors are currently holding the stock, they should consider booking profits at current levels. The stock is currently trading at ₹103.17 with a loss of 0.15% in the latest session.
Deven Mehata from IDBI Capital Market and Securities recommends holding Bank of Baroda Ltd. at the current market price of ₹248.80. The expert notes that the stock is currently trading near its buying price and suggests maintaining the position with ₹243 as the stop loss for short-term view. Deven projects the stock could reach ₹256 as the first target, with the next potential target at ₹262. This recommendation suggests that current levels present a good opportunity to hold the stock while targeting the projected upward movement.
