Stock Market Highlights: Nifty slips below 25,150, Sensex falls 319 points; auto, metal, realty stocks drag

NALCO | Shahina Mukadam, Independent Market Analyst

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Positive on NALCO from a medium- to long-term perspective; valuations attractive at around 4.5x one-year forward EV/EBITDA

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Q2 revenue growth of 25% was strong; aluminium prices expected to sustain in the second half

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Capacity expansion could further support volume growth; recommends holding at current levels

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NALCO | Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher

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Long-term chart structure remains positive; recommends holding and buying on dips

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If the stock corrects towards ₹300 or ₹290, investors who bought at higher levels can consider averaging their positions

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Adding at lower levels could help improve the average purchase price and generate better long-term returns

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Bank Of Baroda | Shahina Mukadam, Independent Market Analyst

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Strong rally following robust Q2 numbers has already generated gains for investors

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Advances grew 18% and deposits increased 16%; performance remained strong even excluding gains from the sale of NSE shares and treasury income

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Valuations remain reasonable at around 0.8x price-to-book despite the recent rally; recommends holding with stop-losses

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Bank Of Baroda | Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher

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Long-term trend remains positive, but investors can consider booking partial profits

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Recommends holding the remaining position with a stop-loss of…

Original source: https://www.cnbctv18.com/technology/