EXCERPTS
Let’s start with Tata Technologies. The stock fell over 6% today after TPG Rise Climate offloaded shares worth ₹1.6 crore. How significant is this block deal for investors? And what’s your overall outlook on Tata Tech?
Kranthi Bathini: Tata Technologies had a euphoric IPO, largely because of the strong Tata brand backing it. It listed around ₹1,100 and even touched highs close to ₹1,200, but has since corrected to around ₹664, even dipping to ₹595 at one point. Fundamentally, the company hasn’t shown notable earnings improvement post-IPO. The stock was fully priced and the valuation seemed stretched from the start. The recent block deal, in my view, is neutral. These funds have been invested for a long time and are now exiting. While the business model remains strong, investors should wait for earnings traction before making fresh entries. For now, it’s better to stay on the sidelines and monitor how the company delivers going forward.Given the massive correction from its IPO highs, retail investors might feel tempted to enter now. Is that a good strategy?
Kranthi: That’s the exact dilemma. Yes, it’s a Tata Group company with strong brand equity, but the stock hasn’t performed post-listing. If you’re already invested, you may hold. But for fresh investments, wait until there’s visible improvement in earnings. Jumping in just because of the correction may not be wise without fundamental backing.
Reliance Industries: Still a Buy?
Q. Reliance posted better-than-expected Q4 numbers recently. Shares have already climbed 12% in 2025. Should investors add Reliance now or wait?
Kranthi: Reliance delivered on expectations, especially in Jio and Retail. The company’s diversified model remains robust, and brokerages see a further 15% upside. Long-term prospects are intact due to past capex now showing returns. However, the oil-to-chemical (OTC) segment remains in consolidation, and green energy ventures haven’t generated strong revenues yet. Existing investors can hold. New investors should wait for dips—it’s a solid long-term “buy-on-dip” stock.
Gensol Engineering: From Hero to Headache
Gensol has crashed from over ₹700 to ₹81 since January amid ED raids and legal troubles tied to its EV cab arm, BluSmart. What should investors do now?
Kranthi: Gensol was once the poster child of India’s green energy push and EV ambition. Retail euphoria and media hype drove prices up. But as we’ve seen, the fall has been drastic—over 80-90% in a few months. Unfortunately, investors got caught in the “greed and fear” cycle. The company’s fundamentals didn’t support its valuation. Worse, the stock is hitting lower circuits daily, leaving no exit route. My advice: always assess companies based on consistent earnings, cash flow quality, and management credibility—not just media buzz. At this stage, just observe. Exit if there’s a bounce or positive trigger.
Q4 Earnings Preview: Ambuja, Bajaj Twins, BPCL & Trent
Q. A bunch of Q4 results are expected this week, let us discuss a few: Ambuja Cements, Bajaj Finserv, Bajaj Finance, BPCL, and Trent. Let’s start with Ambuja.
Kranthi: Ambuja is currently in consolidation. Given the government’s infra push, the outlook is positive. The stock is attractively valued. We expect decent Q4 numbers, and existing investors should hold.
What about the Bajaj twins?
Kranthi: Financials have led the Nifty’s rally, with Bank Nifty at record highs. Bajaj Finance and Finserv are expected to post solid numbers. We’re optimistic about their Q4 performance.
BPCL and Trent?
Kranthi: Crude is hovering near $60, which is favourable for oil marketing companies. We remain optimistic on BPCL for the medium to long term. Trent has had a stellar rally—though Q4 may remain strong due to robust consumption trends, the valuations are stretched. It’s priced to perfection, so one must be cautious.
Sector & Market Outlook
Markets are at record highs—Sensex above 80K and Nifty above 24,300. Which sectors look promising for investors now?
Kranthi: Despite global concerns and geopolitical tensions, markets are rallying, thanks to strong FPI inflows—over ₹40,000 crore recently. Sector-wise, banking and financials remain attractive for long-term bets. IT is a cautious buy—good for long-term investors but not for short-term trades due to global uncertainties.
Interestingly, defence stocks are buzzing—HAL, Cochin Shipyard, BDL, etc.—due to strong order visibility. Any dip in these should be used to accumulate. Additionally, infrastructure, engineering, and construction remain strong plays in India’s domestic growth story.
How do you see the markets shaping up this week?
Kranthi: As long as Nifty holds above 24,000, we’re in safe territory. But geopolitical developments must be tracked closely. The global narrative keeps shifting—from “buy US, sell emerging markets” in January to “India is the safest bet” today. Foreign investors, including many I met recently in Dubai, were initially favouring China, but sentiment has swung back to India. That shows how quickly narratives can change. So stay informed, and watch for clarity on global tensions by the weekend.
Disclaimer: Recommendations, suggestions, views and opinions given by the experts/brokerages do not represent the views of Economic Times.
