Chola Security’s Dharmesh Kant expects DMart to correct, prefers HAL in defence and LG Electronics in consumer durables
Dharmesh Kant, Head of Research at Chola Securities, believes DMart‘s expensive valuations could keep the stock under pressure for the next couple of years even as the retailer changes its expansion strategy. He is constructive on Poonawalla Fincorp, expects execution concerns in defence stocks to ease, and prefers LG Electronics among consumer names. Kant said…
