On Monday, the stock gained 6% and hit a fresh 52 week high of Rs 18.40 on a media report hinting at a possible tie-up between Vi and Starlink to pare entire gains on Tuesday after the company rejected the report. Investor interest remains paramount as the price action has been supported by volume action with over 100 crore shares getting traded in each of the last two trading sessions.
Abhinandan Tulsian says: "The Indian economy is on a long-term high growth trajectory. Any industry meeting the demands of the economy for the next 10-20 years is something we like. These are not necessarily dependent on election results, but on the policy making direction. I will advise clients to pick a core portfolio of blue chips which provide portfolio stability, but also have 4-5 stocks which are from sunrise sectors and likely to give alpha returns to the portfolio."
Reclusive investor Radhakishan Damani s multi-crore portfolio saw only one stock that gave multibagger returns in the calendar year 2023. Shares of Tata Group retailer Trent, in which Damani owns 1.5% stake, has been the top performing stock in his portfolio with a handsome return of 123% return.