Tata Power, Apollo Hospitals, Vedanta: Expert Stock Picks

Investment experts Kunal Shah and Astha Jain recently provided their outlook on key Indian stocks, issuing ‘Buy’ recommendations for Apollo Hospitals and ‘Hold’ calls on several others.

Kunal Shah, representing Mirae Asset Sharekhan, and Astha Jain from Hem Securities Ltd., delivered their assessments based on fundamental and technical analysis. Their insights offer a snapshot of current market sentiment for these specific equities.

Key Stock Outlooks from Experts

• Tata Power Co. (CMP: Rs 350.55): Astha Jain recommends a “Hold,” citing its strong solar power emergence and rising numbers. She also suggested a partial switch to Acme Solar.
• Samvardhana Motherson International (CMP: Rs 165.60): Jain also advised a “Hold,” highlighting its robust wiring harness segment and strong global customer base. The company’s manufacturing strength was also noted as a key factor.
• Apollo Hospitals (CMP: Rs 110.64): Kunal Shah issued a “Buy” recommendation, noting the healthcare sector’s strong performance and suggesting adding to positions.
• Vedanta Power (CMP: Rs 34.83): Jain maintained a “Hold” for the long term, with a price target of around Rs 38.
• Coal India (CMP: Rs 401.60): Kunal Shah recommended a “Hold” on the public sector undertaking.
• Sammaan Capital (CMP: Rs 147.14): This stock received a “Hold” call, underpinned by a strong future outlook and a target of Rs 160.

These recommendations underscore specific strengths within each company, from Tata Power’s solar ventures to Samvardhana Motherson’s wiring harness dominance. Investors are advised to consider these expert perspectives in conjunction with their own financial due diligence.