NIFTY 50

Prakash Diwan positive on Reliance Industries and Cholamandalam Finance stocks

Updated : October 30, 2020 03:45 PM IST

Market expert Prakash Diwan expects Cholamandalam Investment & Finance stock to be re-rated post the Q2FY21 earnings. He said Cholamandalam was anticipated to start doing well on the back of the CV cycle but the Q2FY21 earnings indicate that it has already started doing well much earlier than expected. He advised investors to buy the stock on dips.

On Reliance Industries, he said there are triggers which are not very conspicuous but expects those triggers to help the stock re-rate one more time and make new highs.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you