Indian Stock Market: Buy & Hold Calls on Ather, Shriram Finance
By Market Desk
Market experts issue ‘Buy’ and ‘Hold’ calls on key Indian stocks like Ather Energy, Shriram Finance, and Dixon Technologies. Get expert analysis and price targets.
Market analysts Kunal Shah and Astha Jain have issued their latest stock recommendations, advising investors on ‘Buy’ and ‘Hold’ positions for several prominent Indian companies. These insights, shared during NDTV Profit’s ‘Ask Profit’ show, span across various sectors, drawing on both fundamental and technical analysis.
Analyst Astha Jain’s Calls
Astha Jain provided ‘Hold’ recommendations, highlighting competitive advantages and management targets for growth. Her analysis focused on the underlying business strength and future potential.
- Ather Energy (CMP: Rs 1,439.40): Recommended ‘Hold’. Jain cited the company’s competitive edge in technology and its developing charging ecosystem, despite rising competition in the electric vehicle sector. A price target of Rs 1,650 was set.
- Creditaccess Grameen (CMP: Rs 1,415.50): Also received a ‘Hold’ recommendation. Jain noted management’s ambitious target to increase Assets Under Management (AUM) to Rs 50,000 crore by Calendar Year 2028, alongside improved financial performance and asset quality.
Kunal Shah’s Market Perspectives
Kunal Shah offered a mix of ‘Buy’ and ‘Hold’ ratings, primarily driven by technical setups and anticipated market momentum. His recommendations provide entry points and longer-term views for investors.
- Dixon Technologies (CMP: Rs 14,990): Advised ‘Hold’. Shah anticipates continued weekly breakout momentum, projecting the stock to move towards Rs 15,500.
- Shriram Finance (CMP: Rs 1,138.50): Rated ‘Buy’. Shah identified current levels as technically favorable for entry, setting a target range of Rs 1,150-Rs 1,170.
- Tata Capital (CMP: Rs 363.75): Also received a ‘Buy’ recommendation. Shah suggested entry at its current price point.
- The Great Eastern Shipping Company (CMP: Rs 1,342.60): Recommended ‘Hold’. Shah based this on a positive longer-term setup and the potential for a share buyback.
These expert recommendations offer investors a structured approach to navigating current market conditions, with specific price points and strategic rationales guiding each ‘Buy’ or ‘Hold’ position.