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In fact, Bajaj Auto and Maruti are two companies which have done very well on exports and I think they have sort of diversified their domestic exposure. So, after the big correction from 12,000 to 8,000 the stock is pretty well positioned in terms of valuations also.
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Samir Arora, Founder of Helios Capital, suggests that the current Budget could be significant since it is the first full one of the government's term. He advises holding small and midcap stocks despite recent market struggles and maintains a bullish outlook on the market, emphasizing that significant corrections are unlikely given current conditions.
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Inox Wind shares surged 12% to Rs 188.45 after posting a multifold jump in Q3 net profit to Rs 112 crore. Revenue nearly doubled to Rs 994 crore. The company plans to expand operations, with Nuvama maintaining a 'buy' rating and a target price of Rs 223.
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