Analysts Say Hold Vishal Mega Mart as Promoter Open-Offer Exits Weigh on Re-Rating
Vishal Mega Mart (CMP Rs 112.46) draws a hold rating as promoter open-offer exits pressure the stock, with analysts saying re-rating awaits a halt in selling. Hero MotoCorp gets a buy on rural monsoon strength; Bajaj Housing, IDBI Bank and ICICI Prudential Life round out the picks.
Analysts advise holding Vishal Mega Mart shares, noting promoter open-offer exits weigh on stock and re-rating awaits their halt. Hero MotoCorp rated buy on rural monsoon strength. Other picks cover Bajaj Housing, IDBI, ICICI Prudential Life.