Multibagger Stocks in Dolly Khanna’s Portfolio: Indian stock market recently hit new highs ahead of profit-booking trigger on Omicron virus concerns. However, those who failed to make money in the recent rally have an advantage to cash-in now. According to market experts, the auto and ancillary sector was not participating in the recent rally due to semiconductor problems. But, the issue in the auto sector is shifting aside and hence the sector is expected to see a sharp rise after the new covid version of the problem is over.
According to stock market analysts, shares of Talbros Automotive Components Ltd have given returns of over 35 per cent in the last one month and the stock is still on a bullish path. He said that the share price of Talbros has risen from around from 150 Year after year today the level of 370 and above is expected 444 levels in the next 3 to 4 months.
Dolly Khanna speaking on the fundamentals driving this multibagger stock from the portfolio; Ravi Singhal, Vice Chairman, GCL Securities, said, “The share price of Talbros is expected to continue its rally for two key reasons – the auto ancillary sector in the recent market rally was non-participant due to the semiconductor issue, which seems That has become easier and secondly and most importantly, auto stocks are available at discounted prices even after the sharp rise in recent sessions.”
Advising stock market investors to add this multibagger Dolly Khanna stock to their portfolio; Sumeet Bagdia, Executive Director, Choice Broking said, “The stock chart of Talbros Auto looks promising on the pattern and short term traders can buy this auto stock with an aim. maintain stop loss at 400 440 level.”
However, Ravi Singhal of GCL Securities advises investors to take positional calls citing over the counter, “This auto stock should be a buy in the range. from 340 360 per share level maintains stop loss 319 level for target 3 to 4 months 444 per share level.”
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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