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happy forging: Happy Forging, Hero MotoCorp is among top 2 stocks in auto space which could give 19-21% return

Feb24 dispatches exceeded expectations for all segments, except tractors. PV wholesales grew 17% YoY, led by healthy demand in UVs. 2W domestic wholesales increased 21% YoY. CV volumes remained flat YoY. Tractor demand remains challenging. The PV and 2W segments are expected to perform well.
Retail Research Motilal Oswal Financial Services Happy Forging Hero Motocorp Motilal Oswal Financial Services Limited Auto Sector

railways stocks | capital goods stocks: Never seen such a manufacturing revolution! Buy stocks with good earnings & cash flows: Devang Mehta

Devang Mehta says: “I have never seen this type of manufacturing revolution. My sense is, for a lot of these ancillary power companies, earnings are still to come. A lot of these companies have rerated on the price to earnings (PE) basis. Otherwise, you will find a lot of companies at 40, 50, 60, 80 PE.”
Uttar Pradesh Devang Mehta Tata Tech Or Gandhar Oil Technologies Kotak Bank Offering College Director Equity Advisory

Street Signs: Nifty50 enters 'overbought' zone

Going long is becoming an overcrowded trade on Dalal Street, and any negative trigger could lead to a sharp correction, warn experts. However, given the strong momentum, particularly in IT stocks, the downside could be protected in the immediate term. With the Nifty50 surging to new life-time highs, the bulls remain in control. Further upsides are likely once the immediate resistance of 21,492 is taken out.
Muthoot Microfin Subash Gangadharan Dominic Xavier Rediff Suraj Estate Developers Dalal Street Interglobe Aviation
Source: rediff.com

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